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Author Topic: Is wallet security important to use?  (Read 28217 times)
patarfweefwee
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October 03, 2018, 08:36:22 AM
 #381

My advise for securing your wallet is to not use it over public wifis especially on hotels and airports. You are very prone to informational theft and intrusions. Backing up your accesses and keys are very important too. I've heard countless of people i know that lost their access and forgot their passwords.

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October 03, 2018, 08:41:10 AM
 #382

Always make good use of that 2FA, extremely useful, and be sure to link your email with an email account that you are mostly sure of, simple ways to avoid getting robbed, be sure to secure your account, never leave it open, and don't use your account on public connections, as hackers can easily trace you and breach your wallet.
Yeah even though it's just a simple thing, but it will really help to secure your account, as long as I use 2fa I have never experienced
theft or hacking in my wallet. so I highly recommend 2fa, and don't use the same password for e-mail and wallet accounts..
wasaisi
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October 03, 2018, 10:12:16 AM
 #383

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.
If we don't choose a safe wallet from beginning we start joining the crypto currency, maybe it's the wrong thing. Because it is vulnerable to hackers who really intend to hack your wallet. Minimum you have an authenticator or pin in your wallet because save and only you can access it.
Rastafarian
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October 03, 2018, 10:42:35 AM
 #384

There is no single person on earth who will find himself or herself very happy when. His or her wallet is hacked. You can never be happy to lose some precious money of your own. Wallet security is much important.
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October 03, 2018, 11:41:50 AM
 #385

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.
Of course wallet security is very important because the earnings that you've been get goes in your wallet so better if the security of your wallet is very strong so that many theft can't get your wallet.

MTNAX
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October 03, 2018, 01:31:54 PM
 #386

Of course the security of your wallet is very important, because our income will go into the wallet so we have to maintain the confidentiality of our wallet so that things don't happen that we don't want. At present there are many irresponsible individuals who will look for ways to get more benefits including breaking into our wallets, so we are expected to be more careful in investing and to maintain the confidentiality of our wallets so that our income is safe.
cleygaux
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October 03, 2018, 01:50:00 PM
 #387

This question if I remember was asked multiple times long time ago in this forum that security is definitely an important aspect of every wallet and everybody in cryptoworld must know this it was like a bank that holds our money and never allowed anyone to steal our coins thats why security is always at priority when selecting and using wallets. 
Escf4
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October 03, 2018, 02:03:50 PM
 #388

If there are more security to be used in our wallet that probably may guard our wallet from those hackers is really quiet good ,because this security is very important to your wallet because your wallet is the storage osf your assets in this digital cryptocurrency investments ,it is important for you not to lose your investments from your wallet.

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Stervyatnik
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October 03, 2018, 02:29:28 PM
 #389

You're right.  I also adhere to the principle of not storing the key on the same device where the wallet is located!
Gagah119
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October 03, 2018, 02:45:04 PM
 #390

If you play in the crypto world it will be very important to secure your wallet, of course we will have several wallets from different platforms such as ethereum and neo, I usually store them on some flasdisk to secure my wallet.
eekkaa
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October 03, 2018, 03:37:26 PM
 #391

yes of course the security of the online wallet that you have is very important and you have to use security that is very sophisticated because hackers also attack several exchange places and some wallets so that you can better provide very strong security.
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October 03, 2018, 04:26:54 PM
 #392

Yeah, I think it's important wallet security. Especially in today's digital world, it is possible to say that security factor is a leading factor if we think that there are many theft, hacking and malicious intentions. In addition, we need to show extra security and extra precautions in our wallet services.
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October 03, 2018, 06:48:24 PM
 #393

Yes, wallet security is very important, not just online wallet types, all types of wallets have an interest in extra security. With so many crimes out there like hacking etc, then your online wallet should be equipped with high security if you want security in your money, even online wallets at ordinary banks have also increased security, this has happened to me as an online wallet user on every bank and it's definitely on the cryptocurrency wallet.

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kolsernik
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October 04, 2018, 06:29:33 PM
 #394

In fact, this is a rhetorical question. Of course, the security of the wallet is very important. And besides the recommendations that you gave, I would add that the usual notepad and pen can also be the best storage of your wallet passwords. The computer can break, the flash card can catch the virus and All electronic media is at risk. So as a backup, write all your passwords in a notepad.
sandaru
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October 04, 2018, 07:30:17 PM
 #395

Yes it is. That is the most important thing you need always to reassure about your wallet. That  is because thare are millions of hackers all around the world hacking others'  wallets and take te money from them. So if you are using a online wallet, you need to use two factor authentication method so that others cannot gain access in to your wallets. If you are using a hardware wallet, the above problem would not arise
ngusmin
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October 04, 2018, 08:17:18 PM
 #396

Of course you really need wallet security, because it is a place to store cryptocurrency that you have. This is a money problem so you have to really secure your private key.

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Nila soru
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October 05, 2018, 08:23:10 AM
 #397

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.
yea of course it is very important since all of your transaction history and all of your money is at your wallet. so you must not simply give your wallet to someone because they might hack you.
Of course wallet security is very important. I will put my money when I know that my money is safe and there is no hacking and scams. The security system should be very tight to protect from hackers, otherwise nobody will invest their hard earn money in crypto. It is a matter of money and every invest needs surety of the security issues to be strengthen.

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October 06, 2018, 10:24:02 AM
 #398

Always make good use of that 2FA, extremely useful, and be sure to link your email with an email account that you are mostly sure of, simple ways to avoid getting robbed, be sure to secure your account, never leave it open, and don't use your account on public connections, as hackers can easily trace you and breach your wallet.
Thieves are the main problem for investors. Wallets depend on internet and when there is internet there will be security issues. You are right that the security system is not good and the management cannot control hacking and wrong transactions. Another problem is that you cannot claim your money if it is stolen. This is all because of the weak security management and system.
wingsthegreat21
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October 06, 2018, 12:38:57 PM
 #399

If a wallet isn't blockchain based, it's hackable. Also, he was being honest about the big tech stocks.  They're all grossly overvalued hype that are ripe pickings for being replaced on the block chain anyone that believes that anything connected to the internet is secure is not very aware. A determined entity with enough resources can break into anything, that's a fact.
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October 06, 2018, 02:30:50 PM
 #400

obviously because it is an asset that we have even though it is a bit in it, especially now there are so many people who have lost their bitcoin because for security the wallet is not good and not careful too

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