Is wallet security important to use?

[Loopper]

Your wallet security you should be able to add a lot of security such as authentic or email confirmation and devices connected to your smartphone, so with that high security will make your wallet very safe.

right, the feature will be more secure when using the additional security system, so hackers will be more difficult to break into. besides, don't like to open unclear links, for example via email

A lot of that happened right now and one of them with an incoming email and gave a link that you accidentally clicked to open the link. Be careful with that.

[Semosuchi Tesongrato]

Well, we're talking about money, and with security, security is ALWAYS important.
The more so is talking about crypto, where just a moment of inattention to see all our investments disappear.
Therefore, maximum safety priority.

[Cherylstar86]

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 think your wallet is not safe and prone to hacker thats the time to use a secured wallet with covered by security apps to avoid stollen thats better.

That's right because now there are so many hackers who want to take our assets, so to secure our wallets is very important before you feel sorry later on

Indeed! It's very important that we make safety and security a priority because hacking is becoming very rampant. The security of cryptocurrencies is dependent on the security of your wallet. The more security features you have in your wallet, the better it is. As always, make up a strong password, including some unique characters.

[Incodium Coin]

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 think your wallet is not safe and prone to hacker thats the time to use a secured wallet with covered by security apps to avoid stollen thats better.

That's right because now there are so many hackers who want to take our assets, so to secure our wallets is very important before you feel sorry later on

Indeed! It's very important that we make safety and security a priority because hacking is becoming very rampant. The security of cryptocurrencies is dependent on the security of your wallet. The more security features you have in your wallet, the better it is. As always, make up a strong password, including some unique characters.

Keeping in mind how increasingly sophisticated hackers are becoming, you don't have to spare any efforts in making your wallet as secured as possible. Also, you may want to try a wallet that actually compensates you if you get hacked; the Incodium Wallet. YOu automatically receive compensation for tokens lost in case of a hacking incident.

[yunzau]

Security is important to avoid worries about storing digital assets such as using encrypted passwords and backing up data on other devices.

[automaticmoney]

Step 2 verification or google authenticator is important for bitcoin wallet website especially blockchain or coinbase it protects us for hacking

[vijkaraening]

All of your cryptocurrencies depends on the strength of the security of your wallet so yours is easy to bypass then expect it to be hacked easily. Everyone that wants to venture on this kind of market should know first on how important securing using your assets first.

No matter how good are you at trading, no matter how high the coins value becomes if we are unable to secure our wallets from hackers then hackers can exploit this anytime and steal our coins. I think wallet security should be number one priority if anyone wants to invest in bitcoins.

Yes wallet security is important because without the security available, you can easily lose your investments in the form of coins and wallet being hacked. So it is very important to use the secure connection and a strong password for the account. If you don't, you can become a story people will narrate when speaking about wallet security.

[mitchr4]

Our assets are certainly not safe if we do not prioritize the security of the wallet. Security is certainly necessary because the data is very risky and people will easily access it if they knew. There are several good security service providers used like Google Authenticator.

[ufaiz50]

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.

For security and doing what you write is enough to make your wallet safe, some of my friends in the cyber security field also say it is encryption, backup (in other device) and pass. I think that it is very safe and that security makes your wallet safe from hacking, but there are specific tips about security if you have become the target of hackers or hacking with paid apps but this is true if you are targeted by hackers who have long targeted you.

[munareal]

Wallet security in the crypto space is the most important thing to a cryptocurrency user as the crypto space has no policing and the security of your funds lies in your hands.

[playboy654]

Wallet security in the crypto space is the most important thing to a cryptocurrency user as the crypto space has no policing and the security of your funds lies in your hands.

The cryptocurrency that we are invested is not stored in our home or in our device it will store only in online with the security of private key so anyone can easily access without hour permission of using private key to withdraw or sell at to change that wallet that's why securities most important.

[gabmen]

Our assets are certainly not safe if we do not prioritize the security of the wallet. Security is certainly necessary because the data is very risky and people will easily access it if they knew. There are several good security service providers used like Google Authenticator.

well, when a wallet is equipped with certain security offered, then use it, such as email verification, 2fa, and so on. of course I have experience of this, and the system is really useful to use.

Well it's not just useful, it's extremely necessary. It's your money for goodness' sake. I would take all measures to make sure my money doesn't go anywhere even if i have to put extra effort to it.

[kavindra]

Surely, that is the most important thing should be deal while getting into Bitcoin and other major of crypto currency because as we know that bitcoin applies decentralized system. There is no even single entity guarantee all assets. All the risky are on the holders or investors itself.

So, be careful with all personal account information. It is better not to share any personal information, moreover private keys.

[nizamcc]

Your data, money or cryptocurrency is not stored on your device (phone, PC). It is on the blockchain network. You access using the private key. And the private key is already stored on your PC, phone or anywhere else.
And yes, the security of your data is very important poin. But remember, 90% security is a standard and very simple set of rules.

[fiomcorka]

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.

Not all wallets stores you Bitcoin on your Device, some of them are being stored online. If youee going to be using a wallet that is like that, you should make sure they have two factor authentication, cause that is very important in securing your wallet and you should also have it activated. That’s one thing I like about some wallets like Blockchain and others like it. And you should also do backup regularly, cause you never what may happen.

[darefreads]

The steps that you all given is not I usually do to may wallet I just keep it in my backup flash drive and in my email because I don't have a lot of things to keep more secure like some new wallets that are being used by now. And I think my wallet is in a good place that won't reached by the hackers because I am very careful to some people that I used to talked to prevent from losing my investments.

[faceoff97]

don't underestimate the security of the wallet, wallet security is the number one, if we do not secure our wallet then all the assets we have will be lost stolen. I use all levels of security provided by the wallet, starting from Google Authenticator, email authenticator and sms authenticator..

You will realize how important wallet security is when you experience a loss because your wallet get hacked, many people experience it because they don't take their wallet security seriously, even though there are many hacking techniques that can be done, and if you don't secure your wallet like using 2fa, of course your wallet will be prone to being broken

Security is the main concern when choosing a wallet. Your assets are all dependent on what wallet you are using. Basically, when choosing a wallet it is a must to consider wether the software is open source or not. Never use close source wallet, this doesn't give you full control of your funds since yiu don't have the private key right at your hand. Open source wallet Electrum is good wallet for storing Bitcoin, but uf you have multiple kind of coin, Hodler wallet is the best to have since it is the only open source multiwallet available. The walletvalso provide encrypted backup which makes all your funds even more secure.

[Aris novianto]

Wallet security is very important to use, because our coin storage must be safe, I will use security that is very safe so that no one can break into it

[pinoyden]

Wallet security is very important to use, because our coin storage must be safe, I will use security that is very safe so that no one can break into it

wallet security is not a wallet that you can use but it is  only a security that you must implement in your wallet so that you can protect your self from hackers or any other online threats  .

 you cant say that you will use a security that never breaks  because you are not the one that creates it anyway ,  security features are built by a wallet company that you are using  and you dont have a choice but to use them if ever you want to increase your protection but you cant guarantee that thier security measures are high enough but no matter how high or solid it is  , hackers will still have a way to bypass and access it  .

[valheru]

Be selective and careful when selecting the software you will use as your wallet. Always use long and complicated passwords when using the wallet software. Do not forget to activate 2fa security system!
And the most important thing is Private keys. Do not store your private key in an unprotected digital place. You can save it on paper, but don't forget the location of that paper, cuz you can't access your coins.
I prefer to store my private keys on my computer and I'm using "KeePass" software for my passwords and private keys. Highly safe and useful software that I would recommend to everyone.