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Author Topic: Is wallet security important to use?  (Read 28201 times)
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March 17, 2019, 06:00:45 AM
 #621

it is very important therefore we cannot arbitrarily choose a wallet and also place a password or private key because there are already a lot of people having problems because their assets have been hacked. this is good for our self-learning so we can be careful
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March 17, 2019, 06:56:45 AM
Merited by KennyR (2)
 #622

Security is the one that needs to be given more importance, when it comes to cryptocurrency. With cryptocurrency each and every activity happens through the internet. When something is missing over there, it will cause a big loss. Till date most of the heavy market collapse has happened when there is a big security breach. This way security is far better required.


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March 17, 2019, 09:15:26 PM
Merited by KennyR (1)
 #623

Myetherwallet and Trezor are quite good to use because I have used it, but actually the use and vulnerability of hackers is because we are careless and carelessly storing our private key
No doubt all those wallets are really important and they has good name for safety and security, but apart from all this I know a really good wallet which is there in market since long, it has all the abilities to keep our investment safe from scammers and from other problematic issues, never share your private key with anyone.

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March 18, 2019, 02:04:00 AM
 #624

Myetherwallet and Trezor are quite good to use because I have used it, but actually the use and vulnerability of hackers is because we are careless and carelessly storing our private key
No doubt all those wallets are really important and they has good name for safety and security, but apart from all this I know a really good wallet which is there in market since long, it has all the abilities to keep our investment safe from scammers and from other problematic issues, never share your private key with anyone.

Private keys were the one that needs to be kept in a much secure way. Another important thing is the recovery seed, there are users who lost their private keys as well as the recovery seeds losing big funds. These days majority of the decentralized wallets with private keys and the entire responsibility in the hands of the users.

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March 18, 2019, 05:28:26 AM
 #625

Wallet security is very paramount because there are lots of records on crypto wallet hacking. It is more secured to use a hard ware wallet like the Ledger Nano S but since not all can afford this, we can also protect our cold wallets with Google 2-Factor Authentication.
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March 18, 2019, 09:26:47 AM
 #626

Wallet reliability is very important. Currently too many scammers. Therefore, it is necessary to approach this very responsibly and with full seriousness. Two of my friends was hacked accounts and scammers stole money from them! Another important criterion in choosing a wallet is the fact that the wallet is in the top among the other wallets by usability.
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March 18, 2019, 10:01:42 AM
 #627

We should consider and insist on bounty managers to hide email columns. These are good leads for spammers. The could send you messages to phishing sites. And it advisable to backup your private keys offline. I learn there are apps that provide means to save private data like enpass

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March 21, 2019, 07:21:22 AM
 #628

Yes wallet security important to use, safety first if you can't use proper security then this is possible to damage your valuable currency.
So we must ensure that our wallet security is safe and take a proper step for keep safe money.
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March 21, 2019, 07:42:12 AM
 #629

Security is important to everyone. I therefore keep the password in writing. Thieves can not get to the password. And always check sites for phishing before you enter a password.

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March 21, 2019, 09:24:04 AM
 #630

Security is the main issue for us to have a wallet. With the better quality of security of a wallet it will make us avoid various hacking actions. This has become a major goal and for anyone who wants to transact comfortably they must maintain the security of their wallet. Activate all the features that exist and don't let the security access that we have be easily known by others.
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March 21, 2019, 03:48:46 PM
 #631

Myetherwallet and Trezor are quite good to use because I have used it, but actually the use and vulnerability of hackers is because we are careless and carelessly storing our private key
No doubt all those wallets are really important and they has good name for safety and security, but apart from all this I know a really good wallet which is there in market since long, it has all the abilities to keep our investment safe from scammers and from other problematic issues, never share your private key with anyone.

Private keys were the one that needs to be kept in a much secure way. Another important thing is the recovery seed, there are users who lost their private keys as well as the recovery seeds losing big funds. These days majority of the decentralized wallets with private keys and the entire responsibility in the hands of the users.

I'd be surprised if anyone would say otherwise. Crypto wallets are extremely difficult to hack even for skilled hackers. The owner's carelessness would most likely be the cause of their demise since even if you have a hardwallet for your funds, losing your keys could be worse that getting your wallet hacked.

 
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March 21, 2019, 04:48:14 PM
 #632

Security is important to everyone. I therefore keep the password in writing. Thieves can not get to the password. And always check sites for phishing before you enter a password.

well, wallet security is certainly an important point in this matter. because if a wallet has weak security, I don't think it will be of interest to people. in fact, some people moved when they used their wallets

Every day I see people competing to make an increasingly healthy and good security and we will continue to feel it in modern times at the present time.
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March 21, 2019, 05:00:46 PM
 #633

there are ways to secure your cryptocurrencies. you can use hardware wallets such as trezor or ledger. they protect your wallets. suports also ethereum and some more. you can check them a bit.
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March 21, 2019, 07:57:56 PM
 #634

Security is important to everyone. I therefore keep the password in writing. Thieves can not get to the password. And always check sites for phishing before you enter a password.

This is good if you are using the wallet security but you have it in written form which is not good as anyone else can see it, try and makes sure no one else can know about it, when you enter it be careful, for all of us having wallet safety is very important to save our bitcoin for long term without hacking problem, as there are allot of hackers chasing you.

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March 21, 2019, 10:26:45 PM
 #635

You should always have security concerns ..
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January 26, 2021, 11:45:04 AM
 #636

Yes, security is an issue to always have in mind 
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January 26, 2021, 11:54:50 AM
 #637

Securing the private keys and pass phrases into a safe place whether it's a soft or hard copy is essential for our assets will be secured from theft and intrusions. Awareness from phishing links and scam airdrops that requires pass phrases to claim the rewards are highly be not to be patronized and stay away. Only import pass phrases on trusted wallets to avoid from being hacked.
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January 26, 2021, 02:39:39 PM
 #638

Continuously be watchful and alarm, Since i am in cryptoworld also lost some coins for negligence.Dont save key on device and online, Always enable Two factor authentication. A few individuals can truly be remiss securing their private key, overlooking that, that's all a individual needs. It is best practice to put key in hardware at different places where only you can access. Never trust any link and don’t open on device because it may affect your wallet.

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January 26, 2021, 03:06:47 PM
 #639

Of course, it is very important, so that the wallet is protected from hackers, a good security system is needed. Because without a good security
system, it's very easy for hackers to steal coins from our wallets. So it's no wonder that nowadays all wallets enforce 2FA via e-mail, google
authenticator and phone SMS. So if there are people who underestimate wallet security, I make sure that person is a newbie. Or indeed people
who have not been victims of hackers.

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January 27, 2021, 12:47:15 PM
 #640

Are you fine to leave your funds in a crypto wallet if you don't guarantee its security is adequate? Of course not. Without a useful security feature in a crypto wallet, it will be vulnerable for hackers to lose all of your funds. Hence, wallet security is essential for you to ensure that your funds are safe and sound in the long term.

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