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Author Topic: Protect Yourself And You Protect Your Assets  (Read 2254 times)
asus09
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October 24, 2019, 05:44:04 AM
 #21

I've read people asking and posting how to protect their wallet but apart from educating yourself on how to protect your wallet, private keys and passwords, It's also very important that you protect yourself from exposing your portfolio you don't go around telling friends and random people, coins that you are keeping.
And also It's important to have other businesses or jobs and not rely on all your needs to Cryptocurrency, people will notice this and they will think you are making a fortune from Cryptocurrency and they might target you.

So are you protecting yourself and how do you protect yourself and your family?
Protect private key, account data for log in is very important but you have protect your website and your browser when access to bitcoin website, you have use correct website link when you log in to myetherwallet website, if you keep protect your private key but never use correct link your asset gone, bookmark in your browser with very important website for give safety to your account.

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jessyj48
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October 24, 2019, 06:21:36 AM
 #22

Silent earning is good but really those who become a target because of their coins aren't much, most common crypto problems comes from greed, wanting to double your bitcoin by all means possible will make you lose them, trading with no knowledge of trading, looking for money doubling schemes like bitcoin doublers etc, hacks are not that big this days like scams

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October 24, 2019, 06:27:10 AM
 #23

Assets security only can be done bybour self.careless when we accessing portofolio and asset with make us easy to hacked.hacker has various way and technique to attack our wallet. Even best exchanges that have high level security could attacked and they loss customers balance. Dont depend to another people when protecting our assets, its be our own responsibility.

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October 24, 2019, 06:34:36 AM
 #24

We must protect ourselves from it. Do not show off to the public about our income from trading and project promotion.
Maybe a small part if we show off would consider it as motivation because Crypto earns a lot of money. But the jealous person will always bother us and we must remain vigilant and protect ourselves.

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October 24, 2019, 06:39:00 AM
 #25

It is true as you said, in storing our assets to be safe from those around us we should not be too open with the results we get from the world of cryptocurrency, especially our assets are quite large so it must be a target of people who are tempted by the results we get, but for hackers it is difficult to overcome them because they have special expertise in hacking our wallets.

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October 24, 2019, 07:14:50 AM
 #26

I've read people asking and posting how to protect their wallet but apart from educating yourself on how to protect your wallet, private keys and passwords, It's also very important that you protect yourself from exposing your portfolio you don't go around telling friends and random people, coins that you are keeping.
And also It's important to have other businesses or jobs and not rely on all your needs to Cryptocurrency, people will notice this and they will think you are making a fortune from Cryptocurrency and they might target you.

So are you protecting yourself and how do you protect yourself and your family?

Felt guilty about this. I do tell it about my friend but they are as well knowledgeable about cryptocurrency and on the other side making fortune out of it trading stuff though. We're just educaing one side or the other apart from this I do tell my family but they seemed uninterested knowing more than I could tell. I feel safe though but I am just can't hold my self back when something going in my mind specially with people whom I know doing stuff about crypto.

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October 24, 2019, 07:33:35 AM
 #27

I've read people asking and posting how to protect their wallet but apart from educating yourself on how to protect your wallet, private keys and passwords, It's also very important that you protect yourself from exposing your portfolio you don't go around telling friends and random people, coins that you are keeping.
And also It's important to have other businesses or jobs and not rely on all your needs to Cryptocurrency, people will notice this and they will think you are making a fortune from Cryptocurrency and they might target you.

So are you protecting yourself and how do you protect yourself and your family?
Protect private key, account data for log in is very important but you have protect your website and your browser when access to bitcoin website, you have use correct website link when you log in to myetherwallet website, if you keep protect your private key but never use correct link your asset gone, bookmark in your browser with very important website for give safety to your account.
now a lot of airdrop emails provide links for you to visit, but it is very dangerous and you should never visit it,
your steps are good by storing your private key will be safe, but that step must also be followed carefully by visiting the wallet or exchange site,
because there are so many fake website
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October 24, 2019, 07:34:00 AM
 #28

I've read people asking and posting how to protect their wallet but apart from educating yourself on how to protect your wallet, private keys and passwords, It's also very important that you protect yourself from exposing your portfolio you don't go around telling friends and random people, coins that you are keeping. And also It's important to have other businesses or jobs and not rely on all your needs to Cryptocurrency, people will notice this and they will think you are making a fortune from Cryptocurrency and they might target you. So are you protecting yourself and how do you protect yourself and your family?

We are in cryptocurrency where privacy is more than a word or a concept but a way of life. Telling or bragging others about our cute cryptocurrency adventures and stories can indeed make us as possible target and we don't know when and where we can be able to meet someone who is adept in hacking or someone who knows and you can be referred as a possible victim. The world is full of people who are crazy enough to do unthinkable things. No one should think that he is so careful, as letting our guard an iota can led us to possible disasters. While there are online friends who are aware that I am into cryptocurrency, I made it a policy never to tell anyone how much coin I own and where is my online wallet located.
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October 24, 2019, 07:36:08 AM
 #29

It is very true that in order to protect your funds, you need not only to securely store your private keys and seed phrases, but also not to disclose to outsiders what cryptocurrencies you bought and in what quantity. There may be a lot of envious people around you who can do you some meanness. It is better not to share information with outsiders that you have some savings and you are investing.

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October 24, 2019, 07:37:55 AM
 #30


This kind of protection is not really protective unless you bought every coins from individual exchange not from any exchange because governments know how much you own even if you didn't let anyone know about this.

Some exchange didn't provide KYC so there's no way government can track them as well hardware wallets are keep anonymous. The only way they can track us if we transfer it in ou accounts that provide KYC. While its fine for government to know it , but better not to put all in a government registerd comapany all at the same time, maybe some span of years before accessing or cashing it out in our country if its too much money to avoid confusion from banks or area will you try to cash out your earnings in crypto, But if bitcoin or crypto is already popular in your country then it's ok to answer lot of question since we know were not doing illegal.
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October 24, 2019, 08:25:54 AM
 #31

This is an important discussion in my opinion, not everyone is aware that the security of the assets we have is important.
Most people underestimate the issue of security in the wallet where we store the cryptocurrency we have. There are many
ways that we can protect the assets we have, one of which makes more than one wallet address. This is useful so that we
are not targeted by hackers, because one address is easy to trace. Following protect yourself, meaning You have protected
your assets. By way of a low profile, do not tell others that we have assets in cryptocurrency. Because human nature has
jealousy, it's usually the path to crime of theft.

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October 24, 2019, 01:37:41 PM
 #32

I've read people asking and posting how to protect their wallet but apart from educating yourself on how to protect your wallet, private keys and passwords, It's also very important that you protect yourself from exposing your portfolio you don't go around telling friends and random people, coins that you are keeping.
And also It's important to have other businesses or jobs and not rely on all your needs to Cryptocurrency, people will notice this and they will think you are making a fortune from Cryptocurrency and they might target you.

So are you protecting yourself and how do you protect yourself and your family?

yes i agree with you we must protect ourselves and our families from bad people. I have never posted my portfolio or income from cyrptocurrency on social media. and I also always keep my password and digital wallet key in a safe place and only my partner knows. and I also still have a professional job I do not rely on cryptocurrency as my main income.

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October 24, 2019, 02:26:21 PM
 #33

I've read people asking and posting how to protect their wallet but apart from educating yourself on how to protect your wallet, private keys and passwords, It's also very important that you protect yourself from exposing your portfolio you don't go around telling friends and random people, coins that you are keeping.
And also It's important to have other businesses or jobs and not rely on all your needs to Cryptocurrency, people will notice this and they will think you are making a fortune from Cryptocurrency and they might target you.

So are you protecting yourself and how do you protect yourself and your family?
This is food for thought for all, most especially for those who are fully dependent on crypto, without any other source of livelihood.
There have been several incidences of people being attacked in past. In fact, some lost their lives in the process.
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October 24, 2019, 02:30:16 PM
 #34

I've read people asking and posting how to protect their wallet but apart from educating yourself on how to protect your wallet, private keys and passwords, It's also very important that you protect yourself from exposing your portfolio you don't go around telling friends and random people, coins that you are keeping.
And also It's important to have other businesses or jobs and not rely on all your needs to Cryptocurrency, people will notice this and they will think you are making a fortune from Cryptocurrency and they might target you.

So are you protecting yourself and how do you protect yourself and your family?

yes i agree with you we must protect ourselves and our families from bad people. I have never posted my portfolio or income from cyrptocurrency on social media. and I also always keep my password and digital wallet key in a safe place and only my partner knows. and I also still have a professional job I do not rely on cryptocurrency as my main income.
We really should not share it in public, it should stay private to ourselves.
Posting and sharing anything regarding our cryptocurrency assets is not prohibited, but we should consider our own safety when it comes to our own assets.
We all know that an individual can become blind when it comes to money, they can do anything for money.
If it's unavoidable to share information with other people, just make sure that certain person is trusted and should be someone close to you.

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Greatchu
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October 24, 2019, 02:30:48 PM
 #35

Its simple, those who make good money from crypto will never go around saying it out loud or even sharing the experience on the internet, i believe that those who haven't earn anything from crypto but got lucky once are the ones doing the talking

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October 24, 2019, 02:34:45 PM
 #36

I've read people asking and posting how to protect their wallet but apart from educating yourself on how to protect your wallet, private keys and passwords, It's also very important that you protect yourself from exposing your portfolio you don't go around telling friends and random people, coins that you are keeping.
And also It's important to have other businesses or jobs and not rely on all your needs to Cryptocurrency, people will notice this and they will think you are making a fortune from Cryptocurrency and they might target you.

So are you protecting yourself and how do you protect yourself and your family?

yes i agree with you we must protect ourselves and our families from bad people. I have never posted my portfolio or income from cyrptocurrency on social media. and I also always keep my password and digital wallet key in a safe place and only my partner knows. and I also still have a professional job I do not rely on cryptocurrency as my main income.
We really should not share it in public, it should stay private to ourselves.
Posting and sharing anything regarding our cryptocurrency assets is not prohibited, but we should consider our own safety when it comes to our own assets.
We all know that an individual can become blind when it comes to money, they can do anything for money.
If it's unavoidable to share information with other people, just make sure that certain person is trusted and should be someone close to you.
I agree. Fewer people know that you work with cryptocurrencies, the better for you
And even if someone found out, always use an alibi that you were interested in before, but then burned out.
It is dangerous to create appearance that you have a lot of money.
abeecrypto
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October 24, 2019, 02:48:01 PM
 #37

Very true. And this is even more paramount on the internet. I have seen some threads here where people are asked about how their portfolio looks like, how many % of their portfolio is BTC and so on. And some actually respond. It is not advisable that anyone reveal such. Protection of your assets begins with you, and not where you keep them.
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October 24, 2019, 02:48:32 PM
 #38


Telling random friends about you own coins is gonna be dangerous since people around the world already know how valuable BTC is. The moment they know, they can already take your phone and ask to withdraw your coins at gun point. Worse kidnapp your kids to be ransomed by you coins.

But most importantly, you also need to protect yourself from family as well. You don't know who among your close family relatives are wolves wearing sheep's clothing.
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October 24, 2019, 02:54:11 PM
 #39

I've read people asking and posting how to protect their wallet but apart from educating yourself on how to protect your wallet, private keys and passwords, It's also very important that you protect yourself from exposing your portfolio you don't go around telling friends and random people, coins that you are keeping.
And also It's important to have other businesses or jobs and not rely on all your needs to Cryptocurrency, people will notice this and they will think you are making a fortune from Cryptocurrency and they might target you.

So are you protecting yourself and how do you protect yourself and your family?

yes i agree with you we must protect ourselves and our families from bad people. I have never posted my portfolio or income from cyrptocurrency on social media. and I also always keep my password and digital wallet key in a safe place and only my partner knows. and I also still have a professional job I do not rely on cryptocurrency as my main income.
We really should not share it in public, it should stay private to ourselves.
Posting and sharing anything regarding our cryptocurrency assets is not prohibited, but we should consider our own safety when it comes to our own assets.
We all know that an individual can become blind when it comes to money, they can do anything for money.
If it's unavoidable to share information with other people, just make sure that certain person is trusted and should be someone close to you.
I agree. Fewer people know that you work with cryptocurrencies, the better for you
And even if someone found out, always use an alibi that you were interested in before, but then burned out.
It is dangerous to create appearance that you have a lot of money.
In every aspect of life, when it comes to money we must prioritize our privacy. Whether your assets was from cryptocurrency or on your own salary. Cryptocurrency assets are not created to let anyone know about it, it is a valuable asset which we also consider as an investment. Cryptocurrency is something that stays hidden. The fewer people who knows it, the better.



BIG WINNER!
[15.00000000 BTC]


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Rainbot
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October 24, 2019, 03:08:59 PM
 #40

People should know more about computer security if they are holding huge amount of crypto
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