Can Your Bitcoin Wallet Be Hacked? How Can You Secure It?

[Sanugarid]

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

There are rumors that hackers can access and steal bitcoins from our digital wallets but it's still humor and I've never heard personal experience with regards to this matter. Bitcoin network is supported by Blockchain technology, so it's impossible to be hacked since it's the most secure way of storing our digital assets such as BTC. Moreover, there's no record of a security breach on the bitcoin network before so the only way for hackers is to gain access to your digital wallet. So it is most likely caused by carelessness of the owner.

[tanjiran]

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

The popularity of bitcoin is increasing, especially after this pandemic, many people are trying to keep getting money in this difficult time. many people have come to know bitcoin and cryptocurrency in general after doing a search for "how to get money from the internet", right?
this is a good step, but it needs to be studied more deeply, remember that knowledge is power.

In the article that you linked to, several types of wallets have been explained and their level of security. There are also tips for keeping your online wallet safe by keeping internet access safe, avoiding phishing, etc.
My advice, if you are involving large funds, use a hardware wallet.
unfortunately, most newcomers don't care about the security of their wallets, so it's easy to get caught in hacking, even though it's because of their own carelessness. it is necessary to understand the risks and how to overcome them in order to adapt well.

[South Park]

Bitcoin wallets are a little more likely to be hacked because they are online.However, if we all keep all the security provided by Bitcoin, it is safe to say that there is no risk.Because, bitcoin wallet is hacked due to our negligence.

People need to be a little bit more specific with the language they use, except for online wallets like the ones that you see in exchanges it is very rare for a wallet to get hacked, what happens is that the users behind those wallets get hacked, it may seem like semantics but it isn't, people are the ones that make all kind of mistakes that eventually leads them to lose their coins, so the first thing that people need to learn is how to secure their coins properly otherwise every other piece of knowledge that you may have about this market is useless.

[clint25n]

Exchange wallet is secure but depend how many security you added in your account, bascily you have use 2fa authication for yoru exchange wallet account. Maybe this most safety if you hold assets in exchange wallet but not guarantee because hacker looking for thousand way how to make your assets loss.

[xSkylarx]

Any accounts that reside on the internet can be hacked for me. But there are also multiple ways how you can secure it. For bitcoin wallets, as long as you secure it properly and never share it to anyone the private key and passphrase then you won't be easily hacked. Never store those private info online like pasting it on your email or keeping it in online storage, it is better to write it in a piece of paper then keep it somewhere safe. You should also be aware of phishing websites, if it is too good to be true like putting your passphrase and you can get an amount of bitcoin then it is definitely a scam.

[Valuena]

I don't think your Bitcoin wallet can be hacked as long as you don't show any of your private information related to the wallet. It should be really one of the hardest things for the hackers when it comes to crypto wallets. Decentralized systems are more secure than centralized ones.

Actually even if you do not show any private information related to your wallet stlll, there are some hacker out there that can access your wallet. Just be careful with what you download like for example applications, what you access link, and any other suspicious things. It is better to have many wallets so that you can distribute your funds.

[RondoAnyar]

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

many cases of bitcoin wallets being hacked, and it is not an open secret. now the most important thing is how we secure our own assets by storing our wallet passwords safely to avoid being hacked. because any kind of security is easy to hack by professional hackers

[DrearyUrbanite]

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

many cases of bitcoin wallets being hacked, and it is not an open secret. now the most important thing is how we secure our own assets by storing our wallet passwords safely to avoid being hacked. because any kind of security is easy to hack by professional hackers

One important thing is to not publicly talk a lot about your portfolio because that may make you a target for social engineering. Many people brag about their portfolio in public and I think that is not very smart. Rather keep quiet and enjoy.

Other than that there is a variety of things you can do. I wouldn't recommend holding too much in a single wallet for example. Split it up such that you can bear the loss of a single wallet. Use a hardware wallet and so on and so forth.

[AakZaki]

All security certainly has loopholes that can be hacked by hackers. no system is safe.

All security also depends on the individual using it. If the system has been updated to the latest security, but the user is still not alert, the security used will be useless.

there are many ways that hackers do to break into security systems. Personal bitcoin wallets or exchanges become vulnerable when ignoring the security used. using 2FA authentication does help, some other security can also be applied such as authentication on phone numbers and e-mails etc.

[DrearyUrbanite]

All security certainly has loopholes that can be hacked by hackers. no system is safe.

All security also depends on the individual using it. If the system has been updated to the latest security, but the user is still not alert, the security used will be useless.

there are many ways that hackers do to break into security systems. Personal bitcoin wallets or exchanges become vulnerable when ignoring the security used. using 2FA authentication does help, some other security can also be applied such as authentication on phone numbers and e-mails etc.

Security is a delicate topic. You never know how secure your system is until you get hacked. If you don't get hacked your system could be secure but also could just have been no target thus far. That's why it is very difficult to assess want anti malware is actually worth as you don't really ever know whether it was helpful to you or not.

[giantrobot]

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

Your Bitcoin wallet can be stolen at any time by talented network crimes. So need to protect your wallet safely to protect your own property. You can do the following:
_ Need to optimize your password so that hackers are hard to invade.
_ Do not use any unknown software to limit the intrusion of viruses on your computer.
_ Do not log in to your account at computer or public places.

[geegaw]

Any accounts that reside on the internet can be hacked for me. But there are also multiple ways how you can secure it. For bitcoin wallets, as long as you secure it properly and never share it to anyone the private key and passphrase then you won't be easily hacked. Never store those private info online like pasting it on your email or keeping it in online storage, it is better to write it in a piece of paper then keep it somewhere safe. You should also be aware of phishing websites, if it is too good to be true like putting your passphrase and you can get an amount of bitcoin then it is definitely a scam.

The Internet is truly open source and it is very vulnerable to attack by hackers all over the world if we do not carefully stick to some bad websites. To ensure our account, the method as you said is also quite reasonable, vigilant and not sharing private information, for storing information on email, it's not as risky as you might think when the email system is relatively secure depending on our setup. Some recommendations are that we should store it in a cold wallet which is also quite good but quite inconvenient for the transition and investment.

[mezzaluna]

I believe that this Bitcoin wallets are so secure that the only problem people accessing it is forgetting their own passwords or losing their private keys over something that was trivial when they started keeping or hiding their secure places to keep it. Bitcoin wallets cannot be hacked as long as you yourself only knows the passwords that would access it. You should also look for the Bitcoin wallet that already has a good standing and credibility in terms of its security and not just some new Bitcoin wallet that was created and just hyped because of the one promoting it. Always go for quality.

[capcaypro]

if we say bitcoin can't be hacked it's the same as lying to yourself because bad guys have many ways with his expertise to hack bitcoin accounts. with the technology that is now very sophisticated people with bad intentions must be thinking how to make a profit without working very hard and one of them is by hacking our bitcoin accounts.
but the anticipation is huge because bitcoin also has a pretty good security system to keep hackers from taking our accounts. we can use duplicate passwords as well as whatever it is that keeps our account safe from hackers.

[cydrix]

Private keys and others stuff is enough for you to be secured in every exchange. Unless the exchange itself gets hacked then no matter what you do it is inevitable.
The most safe I guess is the cold storage I don't know much about it but someone boasts about it in here that it is the most secure wallet.

[lepbagong]

I know a person whose account has been hacked I don't know how, maybe there was a mistake when he trade his coin, was deceived by some phishing site and made all the account in her wallet gone, so I think we need doubled check out count and make sure you do not share it to some other people and really be careful when trading.
 

I really believe that anything is done according to the right procedure when doing anything including trading. we can be sure it will be safe and there will be no way hackers can hack your accounts. All accounts that can be hacked after making any transaction are not due to the wrong transaction, but before or after trading is usually a mistake made by the user. what is often wrong is to open any link that we do not know, and give our secret key to friends or anyone. because the wallet is made, its security is very guaranteed and if it weren't for our carelessness, it wouldn't be possible for someone to hack it.

[Peanutswar]

There's a chance if you not completely make sure that your wallet is safe from different intruders. This is the reason why we have the seed phrases we need to store in a physical way like writing down on a piece of paper and make a copy of it so if there's a chance it might lose you can have a duplicate. Password on that bitcoin wallet is just a security feature on the device but not on the account if you lose your wallet they are looking for the seed, not for the password itself. it's better to sure have different layers of security too if you can add a two-way authentication(2FA) it's good also with another password with a text field. Also, avoid using public wireless fidelity (WIFI).

[charlesmichel1]

If you use hot wallets, the best way to secure your funds is using non-custodial solutions like Ownr, ZenGo and BRD.

[Xinarae*]

Strong passwords are like a powerful ieldal that protects you from brutal forces and attacks like this, thus preventing the attacker from accessing your encrypted data this makes it so important to set up a strong password for your crypto holding. If you don't know a strong password is one letter number and symbol and at least 16 characters long  actually better. I know that remembering passwords is more strategic than remembering people’s names and that’s why I always recommend writing a paper sheet password and keeping it safe somewhere I use a hardware wallet so it is less likely to be hacked.

[velive08]

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

the problem of hacking depends on how we store our assets. now my advice is to use a hardware wallet such as nano ledger to store assets because that is the best rather than high risk of storing on an exchange, there is a huge danger and potential to be hacked