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Author Topic: Is wallet security important to use?  (Read 27720 times)
Michaelpascual
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July 28, 2018, 01:43:29 PM
 #101

Yes it is very important because in your wallet all of your funds money is there you need to be careful dont give your private key to anyone there are so many fake links now you ket to set backup on your wallet like 2FA. But tue security of your wallet depends on how you protect it.
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jiya jaena
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July 28, 2018, 01:59:17 PM
 #102

there are so much security tools to secure our wallet, the best tools for secure our wallet is using hardware wallet, if we don't have it, use 2FA Authentication

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July 30, 2018, 12:35:03 PM
 #103

Yes it is very important to use because it helps you transfer value in a convenient way and it allows you to be in control of your money. It has great features with great security concerns.
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July 30, 2018, 02:44:25 PM
 #104

wallet security is very important to use because it minimizes hacking because they are constantly evolving and smart, we need to use additional applications for security so that the results of our investments are safely maintained.

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July 30, 2018, 02:48:22 PM
 #105

Yes of course because we are talking about money we know their are so many people who greedy in money so if you don't have any security on your wallet ake it sure that they can easily hack your wallet or account and they can get your coins. Their are so many way to secure your coins in your wallet just stored it on the offline wallet to secure from the hackers because in one account we need a security to make it safe.

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July 30, 2018, 04:18:50 PM
 #106

Speaking about wallet security, I was always wondering how is it possible to afford, for a private key in a clipboard. Clipboard is available almost for any application and, I'm afraid, even for the browser.
BTCeminjas
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July 30, 2018, 04:21:36 PM
 #107

For me yes because in every wallet there is corresponding security and back up all devise in case of hack. So that in any transactions must maintain the safety of every accounts. A realistic strategy is always needed when securing your digital assets both for long term storage and for everyday use. The safest wallets  are those where the private keys are kept hidden away from the outside world to see.
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July 30, 2018, 04:30:51 PM
 #108

Yes absolutely, security in our wallet is the very best and important thing we must focus, because in wallet we put our investment and profit, we can't afford to lose it that's why we take extra secutity and cautions if it involves our wallet to avoid being scam/hack by someone.
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July 31, 2018, 05:58:41 AM
 #109

I agree all of us need to be extra careful regarding in handling our wallet.We should make a back-up in order to secure our account and make sure all your private keys are backed-up.Nowadays theres a lots of scammers and thieves so never ever trust anyone regarding your personal account even if its your close frie Be more extra careful in all your actions to avoid loss.
In another words we can say that it's up to you, you can do whatever you want but then when you will lose your money from the wallet just do not complain about that.
There is nothing new in here else that there is a lock and an important thing is kept in there. You are given with a key that is secret one and you aren’t supposed to share it with any one else. So what to be confuse of. You are guard for that lock and your key would be the sole way for hacker or anyone else to get into secrecy. Avoid such carelessness and apply some best practices.

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July 31, 2018, 09:43:45 AM
 #110

Yes of course because we are talking about money we know their are so many people who greedy in money so if you don't have any security on your wallet ake it sure that they can easily hack your wallet or account and they can get your coins. Their are so many way to secure your coins in your wallet just stored it on the offline wallet to secure from the hackers because in one account we need a security to make it safe.
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August 01, 2018, 12:10:44 PM
 #111

wallet security is very important to use because it minimizes hacking because they are constantly evolving and smart, we need to use additional applications for security so that the results of our investments are safely maintained.
It is too much important no doubt about it. If you are going to use a online wallet then there are more chances to hack your account by the hacker, so it is important that you should keep some extra care and to give more security to your online wallet which you are going to you for keeping your crypto currencies.
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August 01, 2018, 01:52:41 PM
 #112

I think if we want to save our wallet from hacker, we should use cold wallet or hard wallet. Security on our wallet is very important because its our money and many hackers right now want to steal every crypto because crypto untraceable. Beside using hard wallet or cold wallet we should keep our private key safe and not share it to anyone

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August 01, 2018, 02:03:41 PM
 #113

Nowadays hacker is consistently hacking several wallets. And if you want to stay aware of this hacking attack then you should definitely use the hard wallet or offline wallet, which will help you to stay safe from hacking attack.

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August 03, 2018, 05:57:31 AM
 #114

Yes it is very important to use because it helps you transfer value in a convenient way and it allows you to be in control of your money. It has great features with great security concerns.
When you keep something important and worthy in a lock, you need to lock it securely and you do every little step to make things safe and sound. This is same when you count them in bitcoin and wallet. Bitcoin is much expensive for you so you make a lock pair over your wallet. It is your responsibility now that this lock never fails or become vulnerable to any security flaw.
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August 03, 2018, 06:20:21 AM
 #115

When you keep something important and worthy in a lock, you need to lock it securely and you do every little step to make things safe and sound [...] It is your responsibility now that this lock never fails or become vulnerable to any security flaw.

The problem is that most people don't know how to secure their own mobile / pc.
How are they supposed to keep a wallet secured knowing that the amount of cybercrime is only going to grow in the future with more and more lucrative goals (crypto on a non-techy users device) ?

The only real viable option is to use a user-friendly hardware wallet which already delivers the highest possible grade of security. This, together with a small portion of common sense, would be the only way to allow average people to use crypto on a daily basis without losing their money.
But this is far away from 'the users responsibility that this lock never fails or becomes vulnerable'. Still a lot of trust into the developer of the hardware wallet would be required (to create a good product AND to get updates out ASAP when vulnerabilities are out).

darewaller
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August 03, 2018, 09:57:34 AM
 #116

I once read for security wallet,
this is just for discussion how to secure the wallet. I do not think there is a security system and there will be no theft in the wallet.

If you choose your wallet or phone software, you need to be extra careful! Remember that bitcoins are stored inside your device. If your computer or phone breaks down, your bitcoin is gone too! Thieves can also take your bitcoin if it gets access. Consider the following tips to avoid losses:

Perform regular backups regularly
Save the backup on another device like in flash or another computer.
Use the encryption feature
With encryption, each transaction requires a login with a password. This prevents thieves who manage to gain access to your computer.
Do not forget the password
Losing a password equals losing your money! Wallet does not provide a password forgot feature.
Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-wallet

Do you guys have a better idea to avoid theft in the wallet?
Your Knowledge and Ideas will be more helpful if shared.
This is already an old topic and it’s only a dumb person that doesn’t know that they are supposed to secure their wallet properly. And by the way, your Bitcoins are not stored in your phone if you’re using a mobile device, neither does it store in your computer if you’re using a computer.

I don’t know what wallet you’re using cause I haven’t seen anyone that stores it to your device. You should try to back up your wallet and also make use of two factor authentication to secure it.

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ayiaye
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August 03, 2018, 02:18:34 PM
 #117

yes of course wallet security is very important, because it can keep you from the hackers who try to steal some coins from your wallet. You must be very careful in handling the wallet to avoid losses. and there should be no one else who knows your private key so that it is not misused.
ghost14k
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August 03, 2018, 04:30:23 PM
 #118

security is an important factor especially for our wallets. Bitcoin is a decentralized currency and the wallets we use to store our bitcoins we are responsible for its security. This is one of the major challenges most people face, that is losing their funds to hackers. This is the bad side of cryptocurrency. Wallet security can't be addressed enough. Many people are not tech savvy and bitcoin being a new form of technology, there are bound to be mistakes from people unless a better solution is presented. If not many will still be at the mercy of hackers.
batang_bitcoin
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August 03, 2018, 10:46:47 PM
 #119

Nowadays hacker is consistently hacking several wallets. And if you want to stay aware of this hacking attack then you should definitely use the hard wallet or offline wallet, which will help you to stay safe from hacking attack.
Be responsible also on the websites that you are surfing. There are websites that are forcing your computer to download any of their malware content.

And once you have successfully downloaded it, that's the start that you will experience some unusual slowness of your computer so don't just click links especially ads that aren't familiar.

Backup also through writing on a piece of paper is secure, simple and free.




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August 03, 2018, 10:53:25 PM
 #120

It's not mandatory if you lost your wallet or it will hack by others you didn't get it back literally because you did not careful to your things even you have security on it. it's your own security and you can do security with your own even you have high powered security on it if you don't have to be careful to your wallet it will be hack again and again.
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