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Author Topic: Is wallet security important to use?  (Read 28217 times)
fairyvibes
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August 23, 2018, 03:08:45 PM
 #201

Never click on any fishy links, if you have to download anything that might be sketchy use a virtual machine.  you should be safe if you follow these 2 precautions.
qwerty12
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August 23, 2018, 03:20:04 PM
 #202

Don't forget to also activate the 2FA feature, because the 2FA feature is very important. This 2FA serves as an identification of the correct access to your Bitcoin wallet account. Besides that, it also gives notification to the actual owner. Notifications that appear when a bitcoin wallet is accessed can be via SMS, or else.
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August 23, 2018, 04:03:58 PM
 #203

yes, you really have the security of the wallet that you have to have very high security, if the wallet that you have does not have very high security it will make your wallet easily accessible by hackers.
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August 23, 2018, 08:47:07 PM
 #204

Yes ofcourse! It will be useful enough to guard and secure your holdings from any hacking event. As investors we always wanted to make sure that we don't loss our investment from the hackers.
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August 23, 2018, 09:32:22 PM
 #205

security is of course highly prioritized both in a transaction or in a storage, it is not impossible and it is not a secret that every wallet is always someone who tries to hack every day. They always try to look for the elements of the security system, therefore safe wallet is needed
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August 23, 2018, 10:22:38 PM
 #206

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.

The wallet security is very important to us,because there the contingent of all our asset,profits and investment all of them are in one wallet,thats why we needs thats secured all our data and private key,otherwise its will turn miserable to our crypto coins if its hacked by hackers,thats why theres wallet coming out  now,like ledger nano and trezor edge,in order to provide and generate security of our private key,therefore wallet security is a very big important into the worlds of cryptocurrency.

IanKaramazov
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August 23, 2018, 10:28:41 PM
 #207

Wallet security or any security about your finance is always important.
You will have to use the best methods to keep your money safe.
Ii generally use different methods as keep them both online, offline and on papers. And dont trust anybody even your half. Keep everything safe by yourself.
Nissan-GTR
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August 23, 2018, 10:46:38 PM
 #208

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.
Well, security in any types of wallet whether it is a virtual wallet or a physical wallet was really a must have because it is needed to secure whatever you have stockedin there because whatever it is, was a fruit of your hardwork. This feature must be totally in need to be done into virtual wallets now that people are now recognizing its worth so there will be temptation and the call of greediness inside so steal from others which you have not work. To totally keep your account secured, just privately secure your privacy feature so that you and just only you have the access on it and no one can do access it except you.
Biscutard
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August 23, 2018, 10:48:49 PM
 #209

security is of course highly prioritized both in a transaction or in a storage, it is not impossible and it is not a secret that every wallet is always someone who tries to hack every day. They always try to look for the elements of the security system, therefore safe wallet is needed
Of course every wallet can be viewed by everyone once it is available online that's why you have to make it safe to prevent from outsiders for tooking over your wallet without your permission. Even if it still offline you can't still trust the people around you that's why you have to put some security in it. Due to the greediness of almost all of the people in the world and increasing populations, we are now in a different era than before.
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August 23, 2018, 11:10:25 PM
 #210

Of course, you let your money be hold by this wallets so security should be and always be the priority. We should perform regular check on our wallet to see if nothing happens behind your back. That money is somehow a product of work hard, so we need to protect it. We should not let those hackers get easily what they want. Choosing a wallet first should be a priority that you should assess the security it would offer, then also try to add more security features like fingerprint for it to be really be secured.

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valentine401
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August 24, 2018, 05:59:02 AM
 #211

security is of course highly prioritized both in a transaction or in a storage, it is not impossible and it is not a secret that every wallet is always someone who tries to hack every day. They always try to look for the elements of the security system, therefore safe wallet is needed
Of course every wallet can be viewed by everyone once it is available online that's why you have to make it safe to prevent from outsiders for tooking over your wallet without your permission. Even if it still offline you can't still trust the people around you that's why you have to put some security in it. Due to the greediness of almost all of the people in the world and increasing populations, we are now in a different era than before.

Myetherewallet is one of the best wallet today that is highly trusted by different investors of altcoins and yes  security is very important in order for your coins not to be stolen by somebody else.

paparexon0414
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August 24, 2018, 06:03:33 AM
 #212

Its an obvious answer. Everyone wants the best securitu for their bitcoins and other alts. That is why we have different option to do and choose just to make sure that our jard earned coins will be in safe place. You will not patronize something that will not give you security. That is the basic things to do for the crypto lover out there. If we have enough money to buu trezor or any other hardware wallet, why not. As long s you keep you private key safe and avoid phising sites, everything will be safe.
BossMacko
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August 24, 2018, 06:17:05 AM
 #213

Security wallets are important and you are right you have to make sure you have backup incase your computer or phone breakdown. I once using Google authenticator for my 2FA on exchanges sadly my wife accidentally erased it on my phone, result is I lose coin/tokens stored on mlthe ezchange. That was my fault since I didn't have backup that time. Now I am using online authenticator which is better than Google authenticator when it comes to you erase or your machine broke.
lynlyn
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August 25, 2018, 11:55:26 PM
 #214

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 my own opinion, yes it is very important because you wallet is where you are placing your earnings so definitely you need a very safe wallet for you to become wealthy in the future. The only problem is phishing sites which you can reveal your self accidentally.
Exactly. We need to look carefully when using a wallet. Since there are many fake links, impersonation if not read carefully and learn more. It's easy to cheat on property. So please consult carefully before using e-wallet and learn how to secure them safely.
Yes It was very important to use in terms of storing your holders to make secured at all the time.
Lexurdania
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August 26, 2018, 03:24:28 AM
 #215

Its much better not using phone wallet because it can stole if our phone lost. Better using desktop wallet or hard wallet to store our coin. The best wallet is hard wallet i think. Important thing are we should keep our private key to safe wallet

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Taskford
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August 26, 2018, 05:14:13 AM
 #216

Yes it really is, wallet security is important because it shows how you will protect your digital wallet from hackers or people that have bad motives to it. Turning it on will make your wallet more difficult to hack and you can recover your wallet incase you lost your device. It may be a hassle to do but it is a big help to prevent your wallet being emptied without your permission.

Security is important in the cyberworld because you don't know who or when hackers will attempt to invade your privacy and stole something important from you.

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August 28, 2018, 04:40:31 AM
 #217

Very important, even with our own life we need security, with the high rate of cyber crime and hacker's we should know better that any new technology has its alternative and so be very careful with our devices especially those we use in transacting business.backups is good incase of any lost or breakdown, keep ur pass code to urself, our security is in our hands.
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August 28, 2018, 04:49:58 AM
 #218

yes of course the security of your wallet is very important and really helps you to secure the assets that you have and there is nothing wrong if you add security to your wallet.

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RolandoBTC
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August 28, 2018, 07:22:34 AM
 #219

Yes we need to have a double security aside from putting into your smartphones be sure to keep it also in your pri vate notes.,keep it secondary safety for your wallet protection.and dont ler anyone know your private keys because that is your only  way through accessing on your important journey.
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August 28, 2018, 08:19:00 AM
 #220

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.
Yeah, the security of digital wallets is very important, your advice is also useful and I always choose the best wallet and store important information such as passwords on a piece of paper and then I store in my used shoes.
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