Are your Bitcoins safe?

[In the silence]

Bitcoin is safest one. Bitcoin is future currency's. So people hold the bitcoin long time and wait for the price increase. So people safely use the Bitcoin. Bitcoin is safe. So don't lose it. Bitcoin is not easy to hace. So don't shar the your personal information. Acctive your account every time. Bitcoin is king of all coin.

Unless you misplace or forgot your bitcoins private key, that would be a big problem especially when you have plenty amount of cryptocurrencies on your wallet address. And Of course, bitcoin is safe because we all see how it grows timely and it's value is so massive today.

[MCobian]

The most important thing when we have Bitcoin is to store the private keys properly, because losing the private keys is the same as losing Bitcoin.
Because I store the private keys in a safe place and only I know where the private keys are stored. So until now I have never lost my Bitcoin.
It is very unfortunate that now there are still many people who do not store their private keys in a safe place. So many cannot access their wallet or
even to lose the bitcoins it owns.

[maculeth]

While I was scrolling through some tweets today, I came across someone's tweet regarding Bitcoin

Firstly, I don't think he's a Bitcoiner because he said "password" . Bitcoin wallets are mostly about recovery phrases or private keys.
I think that he may not be informed on the fact that one can back up his/her unique phrase or private keys in various places so they don't get into such trouble of misplacing it(which is what most of us are doing).
But then; Secondly, he is also making a point. We are all getting excited, and probably even buying more, but we've forgotten that we need to be more conscious of our backup. Most of don't even back up properly, we just screenshot our phrases forgetting that screenshots can be seen by others and even be deleted by anyone. Let's be cautious about our backups, check them if they still exist where you kept them and be sure if you need to replace them.

maybe he means being hacked and we lose all the assets in our wallet because we can't access it, but so far my wallet is safe and there has never been any interference.

[Noctis Connor]

Bitcoin is safest one. Bitcoin is future currency's. So people hold the bitcoin long time and wait for the price increase. So people safely use the Bitcoin. Bitcoin is safe. So don't lose it. Bitcoin is not easy to hace. So don't shar the your personal information. Acctive your account every time. Bitcoin is king of all coin.

Unless you misplace or forgot your bitcoins private key, that would be a big problem especially when you have plenty amount of cryptocurrencies on your wallet address. And Of course, bitcoin is safe because we all see how it grows timely and it's value is so massive today.

Well there's always alternative one on how you can forgot your password or your wallet itself since before creating or aceepting the terms and guidlines of a wallet exchange or your wallet you need to saved your phrase or private key then once you lose em you can't even recover them for sure and that's why you need to print it or save it to safety since the topic there in the first place is all about "password" no one knows if it's social media or anything and yeah bitcoin is the future for the people and can even surpas gold in the near future as the bitcoin reach it's 1 trillion market cap.

[Mr.sprin]

I am more sure that storing it on paper in a safe, I think storing on Android and Leptop is not safe, can be hacked, do you agree with my opinion?

[Maslate]

I am more sure that storing it on paper in a safe, I think storing on Android and Leptop is not safe, can be hacked, do you agree with my opinion?

But you should have to keep that paper in a safe place, probably in the bank, or make a vault for this only and so it will not be worn out. Just kidding...

I'm storing my private keys on my personal laptop, I don't let other people use this, and it was fine for me. And can say myself I was safe, but the truth is that, it guaranteed nothing. Though we think it can't be hacked as we are using an offline wallet but what if there is something bad that happens to your offline wallet (accidentally lose), I'd never think it will bring back to you.

[angrynerd88]

I think its often a convenient update for each bitcoin and crypto cash token holder, to begin with law is to maintain a strategic distance from centralized wallet capacity framework, while the moment law is to ensure merely utilize a decentralized wallet conjointly be mindful in defending and keeping your private keys, seed expressions secure. First of all to begin with work is to secure your wallets because that way you secure and watch your speculation and portfolios.Focus your possess investigate approximately the leading cold capacity wallets,Exchange or other wallets.

[TedMosby]

So far I do not have any issues on securing my cryptocurrencies, and I hope I won’t have any problem in the future. The only problem that I had related to crypto before was regarding 2FA and phone number verification for my email.

If you are still not sure on how to securely store your private keys, you may need to check on this thread.
Where do you store your seed?
https://bitcointalk.org/index.php?topic=5278821.0

You will find more insight from members here. Some members has a unique way to store their PK.

[coolcoinz]

Wallet passphrase is your last line of defense. First of all, nobody should have access to your wallet files. If you allow that to happen it's already bad, therefore my passwords aren't very difficult. They're things that I always remember and that would probably be possible to crack for automated software within a day. I have a different way of protecting my coins and that is holding everything on a clean machine with no Internet access. The moment this computer gets powered on will be the moment I decide to spend coins from my cold wallet.

[mbe48]

The thing that needs to be considered when increasing security is by implementing 2fa, but even so, being vigilant should be prioritized as possible from phishing links. If something is missing, maybe you can add a question that I raised.

[Wipeout2097]

Mostly Individuals truly repeat those keys may well be secret word or something and its all the same since these are the get to into your wallet. careless and laziness will doubtlessly be misplaced once those coins would be misplaced nor bolted due to lost password.Reason is its continuously critical that you simply ought to really be cautious into those keys and keep it secure as conceivable out from other people groups mindfulness and never ever misplaced it. Consider this to be a key and once you misplaced at that point you cant get to those coins.

[Golftech]

The thing that needs to be considered when increasing security is by implementing 2fa, but even so, being vigilant should be prioritized as possible from phishing links. If something is missing, maybe you can add a question that I raised.

Adding this extra security feature is higly recommendable, with so many scammers and hackers,
you can't just deal evry now and then, it's very wise to secure your funds with the help this relatively
tools which been offered, taking time to review and analyze the functions and what helps it brings
in securing your money is really important.

[nitrobetting]

I know people who have more than one or two wallets. Use separate wallet for often usage but still regular backups are essential to ensure safety. Paper wallets can be stored offline, thus diminishing chances of stolen crypto.

2FA also helps. But on a different note, this is why some people hesitate to try cryptos. The complexity and layers of securing cryptos are indeed a pain but like what they say, with great power comes great responsibility 

[Sithara007]

OP is absolutely spot on. I know a number of cases where people lost access to their Bitcoins, because they lost the password and recovery phrase. In most of the cases, carelessness was to blame. But I know one incident when the backup, which was stored in hard-copy format was destroyed in a fire. Obviously you can blame the user for not keeping multiple backups at different locations, but no one really expected that the backup copy will go up in fire. Among my friends, I have heard only one incident of someone losing his coins to hacking, but I have heard multiple incidents of people losing their coins because they can't access their wallets.

[elisabetheva]

OP is absolutely spot on. I know a number of cases where people lost access to their Bitcoins, because they lost the password and recovery phrase. In most of the cases, carelessness was to blame. But I know one incident when the backup, which was stored in hard-copy format was destroyed in a fire. Obviously you can blame the user for not keeping multiple backups at different locations, but no one really expected that the backup copy will go up in fire. Among my friends, I have heard only one incident of someone losing his coins to hacking, but I have heard multiple incidents of people losing their coins because they can't access their wallets.

true, there are many variations of events because people lose access to their bitcoins, of course the most often is forgetting to store and usually do not have adequate backups because they believe that what has been done must be easy to find.

Of course the recovery password and phrase seem to be the same as the character who forgot to save access. all because they are overly confident because sometimes when they need it they are just confused because what they think they remember did not happen, they actually forgot.

If the matter of hacking, there is indeed a friend of mine who has also experienced hacking but it can be ascertained because of the negligence that was made so that it could be hacked, because often open unknown links or resemble something related to blockchain, if I myself was hacked by close friends because I trusted to help me, but that is sometimes belief cannot guarantee so that it must be maintained by whatever causes it to happen.

[Rehan Zakir]

Hardware wallets and decentralized exchanges have key phrases, and secret words. And if we forget these key phrase then we can't able to access our wallets.
But if we stores our bitcoins to exchange wallet the it requires a password and 2fa code to access the wallet. Sometimes the exchange hacks and we lost our Bitcoins. So, storing Bitcoins in a hardware wallet is a good technique.

[ninabobo]

Bitcoin is the most secure one. Bitcoin is the future currency. So individuals hold the bitcoin long time and sit tight at the cost increment. So individuals securely use Bitcoin. Bitcoin is protected. So don't lose it. Bitcoin isn't difficult to have. So don't share your own data. Dynamic your record without fail. Bitcoin is the king of all coins.

[SmokerFace]

We can not generally recall the private key or seeds, so we frequently compose it on a paper. Unfortunately, my wife threw that paper but that GOD I remembered the password. Yet, I was late, somebody previously took my all bitcoins and move them to an obscure wallet id. At any rate, it was my issue to not keeping the bit of paper on its precise spot. It was a great lesson for me. Your bitcoins are protected as long as you keep your private key in a safe spot. It's difficult to keep your bitcoin's wallet private key yet not feasible.

[Karartma1]

Wallet and keys management, by far,  is the most difficult topic for a bitcoin retail investor. I have to admit that the exchanges of today are not that shit of the past, still those who want to get full advantage of the not your keys, not your coins rule will need to dig deep into the rabbit's hole.
Keys mismanagement could lead to severe losses, make sure you are able to access them in a secure manner and make them redundant to avoid potential single points of failure.
You'll never be too grateful to the time spent learning about how to securely store your keys.

[yohananaomi]

We can not generally recall the private key or seeds, so we frequently compose it on a paper. Unfortunately, my wife threw that paper but that GOD I remembered the password. Yet, I was late, somebody previously took my all bitcoins and move them to an obscure wallet id. At any rate, it was my issue to not keeping the bit of paper on its precise spot. It was a great lesson for me. Your bitcoins are protected as long as you keep your private key in a safe spot. It's difficult to keep your bitcoin's wallet private key yet not feasible.

i'm are also concerned about what you experience that what you have stored properly can be known or used by other people to get the results of what you have done which may be quite a long time, but this is a very valuable experience that you can be more careful.

security is actually very realistic but usually sometimes people forget and underestimate what is considered memorable but eventually forget. The private key has been stored in a safe place, but when you want to use it you forget it because you don't know where it is stored and this often happens and it is even worse to want to fix it because they lost the password and recovery phrase. then all that is stored properly is gone because of his own carelessness.