Is wallet security important to use?

[JuneTaro]

We need to install security applications to make sure they can protect our wallets from greedy hackers.

[1715126450]

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[1715126450]

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[1715126450]

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[Meretseger]

Although electronic wallets are highly encrypted when storing consumer data, e-wallet security is still a barrier for the public to receive it. From payment companies to social networks, gaming communities, Internet search engines, and telecom operators may be processing and sharing your financial and identity information, Thus, fraud prevention, privacy protection, account more important than ever.

[Yusuf77]

We need to install security applications to make sure they can protect our wallets from greedy hackers.

but if only the security application in my opinion is lacking, and hackers can still commit the crime. Security applications and complicated wallet accounts will make your wallet more secure. but remember never to forget or put your account carelessly. always be careful and careful after you open your wallet.

[andieoke]

Yes this is the concern of everyone here, because nowadays there are so many hackers lurking on our digital assets. That is why we must be extra careful to secure our wallets. The first thing we have to do is, we have to keep our main email that we use to register the exchange, not to let others know it. Secondly, we should not inform the private key of our personal wallet to others, and we must also be careful if we enter the internet site that we do not know.

[Wodomi]

absolutely yes, this is very important because you store your all coins in your wallet so you need to secure your wallet. Many wallet have high security just be careful to visit some website that get your information or if you have lot money you can buy hardware wallet.

A wallet that contains cryptocurrency is like a safe containing money, so if there is theft or loss of wallet, we lose our money. So to protect your wallet you need to be careful and cautious, such as: don't forget to backup your wallet data, always update wallet software, use double security, check the Url correctly before logging into the wallet site, don't keep private keys carelessly

[bayu7adi]

Do you guys have a better idea to avoid theft in the wallet?
Your Knowledge and Ideas will be more helpful if shared.

save your cryptocurrency in a personal wallet, don't ever store crypto assets for a long time on a wallet exchanger, we don't know what centralized parties are doing behind their work
save the private key in a place that is easy to find, but difficult for others to track
and the last is don't save BTC in 1 wallet if you think the amount is very large

[Lunalionn]

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 you have already stayed a long time in cryptocurrency, you must know the important of wallet security. HAve basic knowledge to protect yourself and to avoid theft.

[harapan]

I have a copy of your wallet's private key on another device, I have experienced data loss due to my computer error, but fortunately I saved my private key on the flash disk.

[cahbagus555]

In the world that hacking always happen, its wise choice if we always back up our wallet and secure our private key. Beside that, security on our wallet is priority and its good choice if we using hard wallet

[UchihaRukawa]

In my opinion, the security of our wallets is the most important thing to consider in the crypto world, we are talking about real money here and we want them to be perfectly safe in our wallets. There are lots of event here that people are losing their coins because someone just hacked their wallets and they sure are regretting that they didnt make sure that their wallets were secured.   

[elpiji]

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 it's all very important to be used to maintain assets in our wallets, I personally am not someone who is proficient in such matters, I only secure my wallet from phishing, I never ignored the email and unclear links that someone sent to me via email and telegram because it all can be a cause of phishing, I hear it from professional traders who have been trading in the crypto world for a long time.

[zhanyiguai261315]

The wallet stores all your encrypted assets!
You lost your wallet key, meaning you lost your assets!
Protect your private key and your assets will be protected!

[Abosede]

It is important to be security conscious when it comes to using wallet if you don't want to wake IP one day and discovered that everything you have worked for is gone.

[OnceTwiceThird]

Most important for using wallet security, many people have lost their asset not only on myetherwallet but also on exchange account because they have use low security of their wallet.

[Osayo]

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.

In addition to security your wallet, you can engrave your recovery seeds or private keys unto a hard metallic surface that is indestructible by heat or rust. With this, even if your house guts fire, your keys are still safe.

[zeingrind777]

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.

Activating Two Factor Authentification (2FA) is also one of the important things in keeping a bitcoin wallet secure. this method serves to identify the validity of access to your account while it can function as a notification to the account owner, 2fa can be in the form of SMS, Google authentification, or auth authentication. Maybe this method is a bit inconvenient but this way your account is more secure even though other people know your account password,

[gabmen]

Most important for using wallet security, many people have lost their asset not only on myetherwallet but also on exchange account because they have use low security of their wallet.

Or being a bit careless in giving out information. I think more than wallets being hacked, info phishing victimizes a lot more people. That's why the safest option especially if you keep a lot of coins, is to keep it offline.

[LOLpenguin]

Always use max security options that they offer you. Use google authenticator or some other similar method. These security options aren't there for no reason. These protect you from someone that wants to hijack your account and steal your funds. If your assets are important to you, which I believe they are, then use maximum security possible.

[KesoNie]

Always use max security options that they offer you. Use google authenticator or some other similar method. These security options aren't there for no reason. These protect you from someone that wants to hijack your account and steal your funds. If your assets are important to you, which I believe they are, then use maximum security possible.

Yes of course because wallet is the store of our coin which need to secured because there's possibility it can be hacked. So its better to secure our wallet and have a strong combination of password that cannot be easy to guess like combination of letters and numbers, then make a password that don't have connected to you.

[nur rochid]

Always use max security options that they offer you. Use google authenticator or some other similar method. These security options aren't there for no reason. These protect you from someone that wants to hijack your account and steal your funds. If your assets are important to you, which I believe they are, then use maximum security possible.

Yes of course because wallet is the store of our coin which need to secured because there's possibility it can be hacked. So its better to secure our wallet and have a strong combination of password that cannot be easy to guess like combination of letters and numbers, then make a password that don't have connected to you.

right, wallet is the place of our assets. with various security methods, I think it is very necessary, besides strong passwords, we can also use other security systems in the wallet