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Author Topic: Is wallet security important to use?  (Read 27736 times)
jbjoyce
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September 06, 2018, 07:25:06 AM
 #281

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.

YES IT IS IMPORTANT,BUT I DO NOT THINK THAT THERE IS A SECURITY SYSTEM.YOU CAN KEEP OR SECURE YOUR OWN WAY
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September 06, 2018, 08:02:07 AM
 #282

even though it's not 100% but it's still the best, especially blockchain wallets with various levels of security.

Less things are still valid for exchange wallets because they are not responsible for transactions entering the ICO, but they cannot help anything if the exchange of their Market system experiences problems or even other large cases.

I hope there is a wallet that is truly capable of being fully responsible despite additional costs, but until now I have not found it.
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September 06, 2018, 08:12:43 AM
 #283

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 friends.Be more extra careful in all your actions to avoid loss.

So true. You need to take more safety measures so that you can avoid losing your coins. Today more people or thiefs wanted to rob wallets because of the potential of growing of bitcoin. That is why you need to be smart enough in keeping your wallet. There are lot of thing to do it, and do it properly.
denuhaqiqi
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September 07, 2018, 01:54:48 AM
 #284

Maintaining wallet security is very important, especially avoiding theft. There are many things we can do, such as securing our e-mail account by creating unique and powerful passwords, installing 2-step verification (for example: google authenticator), maintaining and back-up private key, if available, use the SMS verification code, and also does not store bitcoin on a web exchange.
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September 07, 2018, 02:10:20 AM
 #285

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.
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September 07, 2018, 03:40:08 PM
 #286

Yes it is important to secure our accounts to those scammers and hackers . Once your account is less secure or open in information they are chance to steal you details and may stole your bitcoin savings from  your wallet.
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September 07, 2018, 03:53:04 PM
 #287

Yes it is important to secure our accounts to those scammers and hackers . Once your account is less secure or open in information they are chance to steal you details and may stole your bitcoin savings from  your wallet.
Wallet security is really important, so if you want to avoid theft and  be hacked all you need is to find a good wallet that has a good security feature that hackers will have difficulties in stealing all of your holdings.

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September 07, 2018, 04:02:05 PM
 #288

Yes it is important to secure our accounts to those scammers and hackers . Once your account is less secure or open in information they are chance to steal you details and may stole your bitcoin savings from  your wallet.
Wallet security is really important, so if you want to avoid theft and  be hacked all you need is to find a good wallet that has a good security feature that hackers will have difficulties in stealing all of your holdings.

I agree with you, also we need to be extra careful with our wallets and devices that accessing our wallets, we need to avoid sites and download apps that is not safe.
doanngocdiep02
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September 07, 2018, 06:19:09 PM
 #289

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.
Fatanut
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September 07, 2018, 06:44:52 PM
 #290

Yes it is important to secure our accounts to those scammers and hackers . Once your account is less secure or open in information they are chance to steal you details and may stole your bitcoin savings from  your wallet.
Wallet security is really important, so if you want to avoid theft and  be hacked all you need is to find a good wallet that has a good security feature that hackers will have difficulties in stealing all of your holdings.

I agree with you, also we need to be extra careful with our wallets and devices that accessing our wallets, we need to avoid sites and download apps that is not safe.
I recommend using a different device for that. One device (preferably a clean Windows with a good antivirus) for your bitcoin and other cryptocurrencies. This will serve as your wallet and this has to be extra secure and clean. You shouldn't install anything but Electrum. Another device for work stuff. It will be connected to the Internet a lot and will have access to your secondary wallets. Third is just a cheap netbook for downloading, torrenting, and pretty much just surfing the net that might potentially be unsafe. But all of this can be squeezed in one device when you have are running Linux. I personally recommend Ubuntu as they have a good community, lots of tutorials, plus there's an IRC for Ubuntu where some experts hang out to help others.

There's only 2% of Linux users in the whole world so it's quite unlikely that hackers will be focusing on making a virus dedicated for Linux users. It's believed to be the most secure operating system. It's not just about the wallet. It's also about the Operating System that you are running, the data that you get from the Internet (from downloading), and how cautious you are overall. If you're interested in installing Ubuntu, I recommend checking the following links:
*/r/Ubuntu
*Ubuntu: A Beginner’s Guide (MakeUseOf)
*Installing Ubuntu (from Ubuntu website)

There's also a book of Ubuntu Linux for Dummies available on Amazon. You can use purse.io to pay directly with Bitcoins or Bitcoin Cash and even receive a 15%+ discount.

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laracastvue
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September 07, 2018, 08:28:18 PM
 #291

of course it is very important, moreover it is related to the assets you have, which of course you also do not want to lose the hard work you have done lost quickly

In my own opinion, yes it was very important because you need to have a good security in order not to get hacked so choose a wallet that has good reputation to be secured.
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September 09, 2018, 08:13:25 AM
 #292

Everything can be stolen when our smartphone is in handyman service, weaknesses occur when we cannot change our private key !! this is very detrimental to erc-20 asset users, but in this case a complicated wallet security system in the exchange market is still the best choice.
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September 10, 2018, 01:17:01 PM
 #293

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.

It is definitely the main reason for using wallet. Because there are hackers who can even steal exchanges money. Anyway, you should give priority to offline wallets, then 90 percent of your money is secured.

Hardware wallet or offline wallet is best option to secure our coin and token. Hackers have many ways to stole our money and i think we should carefull with our private key and before visiting website. Always check the certificate of website and the security

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September 10, 2018, 01:24:10 PM
 #294

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.

It is definitely the main reason for using wallet. Because there are hackers who can even steal exchanges money. Anyway, you should give priority to offline wallets, then 90 percent of your money is secured.

Hardware wallet or offline wallet is best option to secure our coin and token. Hackers have many ways to stole our money and i think we should carefull with our private key and before visiting website. Always check the certificate of website and the security
double checking  when we access our wallet is obligation in order to avoid hacker attack our wallet, they could infiltrate the system and finally steal our balance.
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September 10, 2018, 01:58:11 PM
 #295

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.

It is definitely the main reason for using wallet. Because there are hackers who can even steal exchanges money. Anyway, you should give priority to offline wallets, then 90 percent of your money is secured.

Hardware wallet or offline wallet is best option to secure our coin and token. Hackers have many ways to stole our money and i think we should carefull with our private key and before visiting website. Always check the certificate of website and the security
double checking  when we access our wallet is obligation in order to avoid hacker attack our wallet, they could infiltrate the system and finally steal our balance.
Yeah make sure that you are access the right online wallet which is true. sometimes there are lots of incoming letters to your inbox mail. not from wallet sites but from hackers. they send letters containing links from their replica sites. this is called phishing. if you are not observant you might be fooled and could have all your money stolen by them
Lonthe
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September 10, 2018, 03:16:13 PM
 #296

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.

It is definitely the main reason for using wallet. Because there are hackers who can even steal exchanges money. Anyway, you should give priority to offline wallets, then 90 percent of your money is secured.

Hardware wallet or offline wallet is best option to secure our coin and token. Hackers have many ways to stole our money and i think we should carefull with our private key and before visiting website. Always check the certificate of website and the security
double checking  when we access our wallet is obligation in order to avoid hacker attack our wallet, they could infiltrate the system and finally steal our balance.

There is always something strange if we are bitcoin transactions and always make sure the correct address is important, I've also experienced when bitcoin transactions and then copy my xapo address and then paste the address change, unfortunately I'm not thorough and don't think it's a problem so I lose 0.62 btc.

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September 10, 2018, 03:52:33 PM
 #297

Security is the most important thing in bitcoin, when we carelessly and do not activate the security feature, we can be sure that someday we will regret, there have been many theft cases so the most important thing is to pay attention to security.


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Bakery cream15
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September 11, 2018, 05:01:39 PM
 #298

I think that yes. You should always use the wallet security if you don't want to lose money and take risks. It is much safer than using any other way to protect your money. use this one and you will never regret Smiley Smiley
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September 11, 2018, 05:12:19 PM
 #299

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.

Consider the following tips to avoid losses:

Perform regular backups regularly
Save the backup on another device like in flash or another computer.
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
Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-wallet


Yes you are right, Wallet security is very important for everybody. It may loose at anytime. Everybody must be careful about it. Everybody can make different types of safe copy save to another pc or mobile that if one lose another can support.

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September 11, 2018, 05:36:54 PM
 #300

Obvious wallet security is mandatory to use. Fully secured wallet will never get phishing attack from hackers. unsecured wallet can lead you to loss all asset which is deposited in the wallet. All the security features of particular wallet you should use for example-- 2FA, email authentication, OTP etc.
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