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Author Topic: Some ways to avoid stealing or penetrating a wallet  (Read 233 times)
daneal stev (OP)
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April 25, 2019, 06:22:40 AM
 #1

I will share with you some ways to protect your wallet from hacking
1. Keep your keys secure and do not store them online in any way
2 - Do not send anything related to your portfolio, either the private key or password to any person or any company on the Internet
3. Encrypt your wallet with a strong password
4. Make backups of the wallet periodically
5 - Use the portfolio is not connected to the Internet cold storage is safer than the portfolios related to the Internet Be careful in dealing with the services provided over the Internet
6 - Use the purse a little if there is no need to open it
Skarner21
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April 25, 2019, 06:54:40 AM
 #2

Also, add the hardware wallet option as another way to protect your all assets from stealing and hardware is recommended one for all safety transaction.
And also, beware on some fake phishing site because there are fake phishing sites spreading in the internet like Electrum.

Don't forget to use antivirus in your PC to keep your PC clean from any crypto related viruses.

Make crypto as your bank.
kingpin4321
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April 25, 2019, 08:03:19 AM
 #3

Very important topic but we have seen several post in relation to this one but it's always good for newbies to understand the value of keeping there wallet safe
 
https://bitcointalk.org/index.php?topic=3152268.0;all
markstivn98
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April 28, 2019, 09:22:02 PM
 #4

I will share with you some ways to protect your wallet from hacking
1. Keep your keys secure and do not store them online in any way
2 - Do not send anything related to your portfolio, either the private key or password to any person or any company on the Internet
3. Encrypt your wallet with a strong password
4. Make backups of the wallet periodically
5 - Use the portfolio is not connected to the Internet cold storage is safer than the portfolios related to the Internet Be careful in dealing with the services provided over the Internet
6 - Use the purse a little if there is no need to open it

Using cold purses I think it is the best way to save money safely.
The use of binary authentication also enhances and strengthens wallet protection.
And use strong passwords
Bitcoin_Arena
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April 28, 2019, 09:54:30 PM
 #5

- Avoid downloading and using verified wallets, software and web extensions

I will share with you some ways to protect your wallet from hacking

6 - Use the purse a little if there is no need to open it

Not sure what you meant by this point thou.

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April 29, 2019, 04:49:43 AM
 #6

maybe you guys forgot to mention that not everyone needs that level of security and I even doubt that even you guys has done these things which you are telling here to do. You are supposed to share your experience, not just some information which you have read online(what if some information is wrong and you posted it without even confirming it). honestly, I do not think people are even taking strict measures for their wallets simply because they do not have huge balances like if you have under 0.005 BTC then there is no profit with extra security no one is going to target your wallet until those are nasty viruses or if you are using a desktop wallet.
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April 29, 2019, 09:27:44 AM
 #7

honestly, I do not think people are even taking strict measures for their wallets simply because they do not have huge balances like if you have under 0.005 BTC then there is no profit with extra security no one is going to target your wallet until those are nasty viruses or if you are using a desktop wallet.
Nobody is supposed to know you have bitcoin in the first place. That seems to be something people are forgetting. Your wallet can't be associated with you as a person if you safeguard it in the proper way. Even if you have just a small amount in the beginning that can grow with time and it is better to learn the proper ways to keep your funds secure instead of being sorry if one day you lose it all.

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April 29, 2019, 09:43:59 AM
 #8

maybe you guys forgot to mention that not everyone needs that level of security and I even doubt that even you guys has done these things which you are telling here to do.

I didn't see any extraordinary security measurements posted here in this thread  Huh


All of these things count towards common sense..
Quote
1. Keep your keys secure and do not store them online in any way
2 - Do not send anything related to your portfolio, either the private key or password to any person or any company on the Internet

Those should be very obvious..


Quote
3. Encrypt your wallet with a strong password

Are there really people who do NOT encrypt their wallet file yet ?


Quote
4. Make backups of the wallet periodically

Self explanatory..


Quote
5 - Use the portfolio is not connected to the Internet cold storage is safer than the portfolios related to the Internet Be careful in dealing with the services provided over the Internet

This one is pretty obvious too..



Also, add the hardware wallet option as another way to protect your all assets from stealing and hardware is recommended one for all safety transaction.
And also, beware on some fake phishing site because there are fake phishing sites spreading in the internet like Electrum.

Don't forget to use antivirus in your PC to keep your PC clean from any crypto related viruses.

This makes sense too, without any additional work.



Using cold purses I think it is the best way to save money safely.
The use of binary authentication also enhances and strengthens wallet protection.
And use strong passwords

Cold wallet as the more-secure option and strong passwords is also nothing new or extra ordinary.
'Binary' authentication seems weird, but thats the only point.



- Avoid downloading and using unverified wallets, software and web extensions

Falls under common sense, pretty much.



So, what do you exactly define as 'that level of security'.
These are very basic measurements to not be (almost) guaranteed to lose your coins.. And everyone should follow them.

Nothing has been mentioned which seems to be an overkill regarding security.
And nothing seems to be hard to accomplish at all.

harizen
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April 29, 2019, 10:09:27 AM
 #9

All pointers mentioned above should already included in our common sense.

If at some case that a user doesn't know this, no offense but their common sense is not functioning well. Prior in creating wallets, we should already have the knowledge about some precautions and guidelines.

And as a usual internet person roaming and lurking in the world wide web for quiet a long period of time, these should be common not just in crypto related stuffs but for other important thing as well.

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April 29, 2019, 11:30:18 AM
 #10

Also, don't install any other suspicious software or click a link sent to your email via bitcointalk pm and keep scanning your PC for any virus or malware. Usually these malware cannot be detected and one wouldn't realize that his wallet got hacked.

My wallet got hacked because I installed my project's wallet and my antivirus did not detect any virus with the result of which the software kept logging into my accounts but most were with 2FA so I escaped but my blockchain wallet got hacked and I did not realize it till 10 days later. It did not even send me verification email.

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April 29, 2019, 11:32:51 PM
 #11

6 - Use the purse a little if there is no need to open it
Not sure what you meant by this point thou.
I think he means only open your wallet when you need to make a transaction
if you just want to check balances and other things, use blockchain explorer

4. Make backups of the wallet periodically
as HD wallet becomes standard now, you just need to make backup once in the beginning
better to say make multiple backups then store them on different media and separate places

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