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Author Topic: Every Bitcoin holder Should Take a Cybersecurity course  (Read 631 times)
zaim7413
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July 25, 2023, 04:30:51 PM
 #61

Every individual needs to create a strong fence to secure the Bitcoin they have, often simple things are taken for granted like storing Bitcoin in Exchange wallets, ignoring phishing links that are spread via Email, Telegram, WhatsApp messages and other social media. hackers always try to lure their victims by all means, need to avoid the little things that are often taken for granted as a precaution to save assets.

Bitcoiners who have joined the forum at least really understand how to avoid something that can threaten the safety of their assets. I feel lucky to be in the midst of a community that reminds each other members to avoid any form that could threaten the safety of assets.
 

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July 25, 2023, 05:58:04 PM
 #62

I couldn't agree more in fact I think every individual on this planet has to be aware of cyber security but taking the course is not really necessary for everyone, it will be better if we aware of its basics and striking the right balance between convenience and security.

Advanced security measures may involve longer and more complex processes, which can be cumbersome for everyday use. Even if we are completely educated about all the things involved still no security system is foolproof and human errs can lead to vulnerabilities and further complications.

And your statement be like everyone has to become a doctor because they are at the risk of getting sick anytime, Am I wrong?
Everyone should know about cyber security. Because the present age is the age of technology. The next generation will be completely dependent on technology. If someone loses everything there due to his safety, he will be responsible for it himself. But while some may disagree on whether advanced level cyber security is mandatory for everyone, I would say that it is not mandatory for everyone yet, but they will be required in the next few days. But considering the future, it is necessary to know these things.
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July 25, 2023, 07:58:52 PM
 #63

As people that are dealing with digital currency it's gonna be an added advantage to have apprehension about cyber security giving you an edge over your contemporaries as a bitcoin holder nevertheless it's not compulsory that everyone that's into bitcoin be it a trader or investor must enroll in a course to acquire cyber security knowledge. Hence the person is not taking it beyond being a bitcoin holder or trader then the basics on how to keep your secret phrase safe and secure, not sharing it to a second party, been aware of avoid clicking of unverified links etc, that's enough to hold onto for ones wallet security.
Let be very careful not to make the bitcoin holding stuff look so tedious and herculean to handle in our various wallet it could scare some newbies somehow.
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July 26, 2023, 08:54:38 AM
 #64

Discussions like this I suppose is more discussed by people who are of higher ranks than a newbie like me but with my own little knowledge about internet security, I think learning about cyber security will go a long way in helping anyone who who wants to keep not just his personal Bitcoin data safe but to also safeguard any other internet key.
As far as the internet is concerned many people wake up every trying new measures on how to hack into people's personal security details and thereby stealing from them immediately they gain access to their security keys and that's why we all need to know the basics of Cyber security so as to stop this Intruders from accessing our respective personal Bitcoin data

It seems that although you are a newbie you are concerned about security from the start and that doesn't discourage you, but that's not how it works for most people. I have told some friends about Bitcoin in the last years, and failed in arousing their interest, not to say if I also warned them about cybersecurity threats.

I genuinely think that for small amounts you don't need special knowledge, apart from the basic every computer user should know (don't run unknown .exes, don't click on unknown links, don't send relevant information while connected to public wifis without a good VPN...).

If you want to be your own bank and store a high amount of your savings, then concerns should be higher, but not too much: as many colleagues said before, just a good hardware wallet will do for that (you can create your keys offline if you want to be ultra-safe).

And, of course, you should educate yourself and take cybersecurity courses if your aim is to escrow money from other people, especially high amounts, because you'll be targeted by hackers, but this is very unusual.

So we could say that for 80% of Bitcoiners who "play" with satoshis, there is no need of improved cybersecurity, especially if that will make them think about it twice and abandon the idea of holding any sats; for the remaining 20% it would be advisable, but it can be ignored by simply purchasing a good hardware wallet; and for the 0.0001% of escrowers, then yes, educate yourself not only in cybersecurity but also in laws and economics before managing someone else's money, just in case.
Thank you so much sir for the advice in your response. I've learnt a lot from it as it'll help in shaping me while going forward. I sincerely appreciate
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July 26, 2023, 01:22:16 PM
 #65

When you have some crypto assets you are obliged to learn to protect yourself from hackers because these people are not resting and they continue updating their tactics to hack and steal your crypto from you. You also need to always update your info regarding their new ways of hacking and also there are lots of ways to prevent it once you are getting used to it. But if you don't have crypto with you and you are planning to promote bitcoins to your families and friends, then you have to learn and take some courses for Cybersecurity so that you can protect them from any potential threats like hackers and scammers.

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July 26, 2023, 09:33:10 PM
 #66

Not actually a compulsory thing to do but if you are capable to do so, then why not? After all, you also gained for what you pay. However, do not expect for everyone that they will also do the same thing. There’s always a lot of ways to learn cybersecurity for free, and I think by having your own due diligence to study and understand it, you will always gain positive ideas on how to deal with it. And through self-experience, you will always learn it for free, without the need to pay for it.

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July 26, 2023, 10:25:58 PM
 #67

I think that there has never been a time when bitcoiners should take personal Cyber security courses not for commercial purposes but for personal reasons for them to learn how to stay protected and secure their crypto assets.
What do you think?

If this is what is needed for every holder then we're not ready to welcome global adoption because many people won't have the time to start doing that. I know we always say we should be incharge of the security of our finances but if we have to go through this courses to achieve that, It would be a failed mission. I have nothing against cyber security as they'll definitely be useful to anyone that takes them but to hold bitcoin doesn't have to much of a trouble. One thing I noticed in the industry is that those claiming to know it all (when to buy, sell, hold etc) don't get profits but the average users that just buy and store his Bitcoin in a secured location always come out profitable.

If you have the time and money to afford a cyber security course, take it but if you don't then just make sure your investment are secured in the best possible way because hackers will not stop at nothing to steal your Bitcoin if they find out you have some that they can steal. A paper wallet or a non custodial decentralized wallet is fine to use to store your Bitcoin and you just relax and let the market do its magic. You can come back in few years and your investment would had yeild great results (profits).

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July 26, 2023, 10:53:55 PM
 #68

When you have some crypto assets you are obliged to learn to protect yourself from hackers because these people are not resting and they continue updating their tactics to hack and steal your crypto from you. You also need to always update your info regarding their new ways of hacking and also there are lots of ways to prevent it once you are getting used to it. But if you don't have crypto with you and you are planning to promote bitcoins to your families and friends, then you have to learn and take some courses for Cybersecurity so that you can protect them from any potential threats like hackers and scammers.
I'm not against taking a cybersecurity course; it causes no harm. However, I don't believe that hackers are constantly on the lookout to steal your bitcoin; it's not that simple, nor does it work that way. The general principle of being safe on the internet, both for yourself and your coins, is pretty straightforward: don't visit sketchy websites, avoid torrents at all costs, don't download stupid stuff from unverified sources, and don't store your passwords online, such as on Dropbox, Mega, or Google Drive. If you follow these simple tips, it's quite unlikely that you'll ever fall victim to a possible attack or compromise.

 
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July 26, 2023, 11:22:46 PM
 #69

Why take a cyber security course? Must everyone go technical before they can deal with Bitcoin? Do I need any form of technical knowledge to understand the phrase "Not your key, not your coin"? Does the word "Centralized and decentralized not make sense to a common man?

Taking a cyber security course should be a choice,,not atcompulsory oneory one for e.eWhate. see ast I see as necessary for one to learn before g is the difference between a custodial and non-custodial wallet. Know howsafelysafely keep your private key and ;hrase; know that the wallet  and hrase and private key hold the entire control over the funds on the wallet; and know that it's important not to share those accesses with anyone. Avoid untrusted links and all that.
 
Cyber security courses are for those who need more than just holding Bitcoin, as those courses are of great advantage to them, and they're for the person's personal skill development level and not just for the purpose of holding Bitcoin alone. There are services that they can render aside from holding Bitcoin alone, and they can top off their own personal security in whatever way they want to channel their programming. Those are choices for them to make, and lacking thatknowledge won't stop anyone from being a successful Bitcoin holder.

 
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Bushdark
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July 26, 2023, 11:32:07 PM
 #70

Not actually a compulsory thing to do but if you are capable to do so, then why not? After all, you also gained for what you pay. However, do not expect for everyone that they will also do the same thing. There’s always a lot of ways to learn cybersecurity for free, and I think by having your own due diligence to study and understand it, you will always gain positive ideas on how to deal with it. And through self-experience, you will always learn it for free, without the need to pay for it.
I don't see any important reason why we all have to take a cyber security course just to be able to keep our wallet safe. If we are ready to follow all safety rules and guidelines, we are not going to have usea with transaction and keeping our walltes safe. Although scammers are hackers had been looking for ways and upgrading there effort to always have a loophole on how to steal from people. We need to make sure that we are always at alert and we are keeping our information safe from the hands of those that can use the little information they know about us to hack our portfolio and take away our funds.

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July 27, 2023, 06:36:18 PM
 #71


Taking a cyber security course should be a choice,,not atcompulsory oneory one for e.eWhate. see ast I see as necessary for one to learn before g is the .

Yes, it should be by choice, as long as losing one's asset is not also by choice. OP only generalised the talk, not forcing anyone to take the course; he (OP) has just given some reason for his title, and anyone who thinks it important for them to do so can go ahead with it. It's true that we can buy and hold out Bitcoin without full knowledge of Cyber security, but gaining some knowledge about it is not bad; it doesn't mean you should go and start studying the courses before Investing in Bitcoin.

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July 27, 2023, 08:17:42 PM
 #72

This is actually a good topic to discuss, especially for newbies who are holding a big amount of bitcoin in their wallet. Security is very important and there's no room for jokes about it, as there are always hackers waiting for the slightest mistake to steal all your bitcoin and altcoins.

Taking cyber security courses is essential for bitcoin holders but you don't need to know everything. Understanding the basics of how to secure yourself from being hacked and keeping your online environment safe should be your first step and especially by avoiding to download any suspicious programs or files on your PC. Always save your seed phrase offline, and for even better security consider investing in a hardware wallet.
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July 27, 2023, 08:22:05 PM
 #73

This is a good idea. Most of us are afraid to loss our coins to hackers so it is important to learn cybersecurity to protect our wallets. Because the way this hackers are attacking accounts online is something else. For those who have a very large amount of bitcoins in their wallets an do not know the technical and security measures that will be used to secure the funds are always afraid of hackers. But if they know the security know how to protect their funds then they will sleep well with the two eyes close.

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Kelward
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July 28, 2023, 09:54:56 PM
 #74

I think that there has never been a time when bitcoiners should take personal Cyber security courses not for commercial purposes but for personal reasons for them to learn how to stay protected and secure their crypto assets.
What do you think?

If this is what is needed for every holder then we're not ready to welcome global adoption because many people won't have the time to start doing that. I know we always say we should be incharge of the security of our finances but if we have to go through this courses to achieve that, It would be a failed mission. I have nothing against cyber security as they'll definitely be useful to anyone that takes them but to hold bitcoin doesn't have to much of a trouble. One thing I noticed in the industry is that those claiming to know it all (when to buy, sell, hold etc) don't get profits but the average users that just buy and store his Bitcoin in a secured location always come out profitable.

If you have the time and money to afford a cyber security course, take it but if you don't then just make sure your investment are secured in the best possible way because hackers will not stop at nothing to steal your Bitcoin if they find out you have some that they can steal. A paper wallet or a non custodial decentralized wallet is fine to use to store your Bitcoin and you just relax and let the market do its magic. You can come back in few years and your investment would had yeild great results (profits).

I personally classify bitcointalk forum, as a course, although, I can see that you never really graduate from it, because you learn new things and gain experiences from other members every day. So most of the things that I've learned about bitcoin, including how best to secure my wallet and guard against cybercrime as it relates to bitcoin, I've gotten on this forum. Though that is not to discredit the importance of taking additional course on cyber security. What I've learned about how best to secure bitcoin is to store it in a non custodial wallet, as you have noted. Unless this method is proven that it can be compromised, without the owner being careless, then it'll become inevitable to find solution.











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July 29, 2023, 01:47:24 PM
 #75

I believe this is a good decision learning how to secure yourself in crypto-currency is very important for everyone expert and newbies alike so yes I encourage everyone to take the course.

But I would also want to add, this should not mean that protecting yourself in Crypto-currency is complicated, you can follow the simple basis and still be very secured but if you can then why not learn something new
Everyone who is in cryptocurrency is conscious of securing itself from scammers, the thing is that cryptocurrency is now the shortest way people is now using to scam people and that is bringing bad name to Bitcoin, so i believe that any cryto enthusiasm should know that security is important in cryptocurrency and if you have the security you will lose all your cryptocurrency investment. Why some people do lose their coins in wallet because of using wrong wallet and another one is investing in a scam project without investigation

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July 29, 2023, 05:17:09 PM
Merited by nelson4lov (1)
 #76

It helps if you understand threats and things that can go wrong and why they pose risks. Understanding aspects of cybersecurity helps you to follow better or best practices. Do you need courses for that? Maybe, it depends on your level of understanding and expertise. You can learn a lot yourself, but you need to be somewhat tech savvy and eager to read and watch and practice a lot. If you're not very much interested, you will have a hard time doing it yourself.

I'd say that awareness of risks isn't only for hodlers but as "digital life" occupies more and more it's a necessity for everyone. Cybercrime is convenient for criminals, less risky than robbing a bank as we know it from before "digital". The Internet connects us globally. That's why ransomware and similar exploded in popularity.

Quick tips: don't have your software wallets on your digital devices where you do your daily "digital shit". Use a decent hardware wallet with good understanding of best practices as a barrier to potentially unsafe computers whose safety level you can't assess easily. Don't let greed eat your brain, if something sounds too good to be true, it's in most cases not good for you but the other party. Don't use an OS for your crypto stuff that has a major market share as this will be the preferred playground for malware.

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March 28, 2024, 08:49:46 PM
 #77

Every Bitcoin holder has to learn about cyber security. There are so many phrases like not your keys not your coins. There are topics covering how to secure your private keys, how to be careful and watch out for phishing emails, links, scams, keylogger and many others. For me the two most important reasons why every bitcoiners should take a personal course on cyber security are because crypto wallets are attractive to hackers and cybercriminals. Secondly, malwares and keyloggers ...there are too many malwares that try to record our details from the backend without our knowledge. Lastly, if the keys is yours, then the coins are yours, it lies on you take a cybersecurity course to learn sophisticated ways to protect your non-custodial wallet that has your coins.

I think that there has never been a time when bitcoiners should take personal Cyber security courses not for commercial purposes but for personal reasons for them to learn how to stay protected and secure their crypto assets.
What do you think?



Going to cyber security for personal reasons, to stay protected and to secure assets is not really necessary. Even banks usually get hacked by scammers even when they have ethical hackers, so learning cyber security for these reasons will be like a waste of time and energy. You must not learn it as course for one to secure his/her wallet or assets. I will rather learn for commercial purposes than to learn for protection of assets. My advice for  everyone is that, make sure you keep your pass keys or phrase very safe and don't open your device anyhow to people most especially don't show off anything related to your pass keys to public cause it can be traced.
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March 29, 2024, 10:20:52 AM
 #78

...

Sounds a lot like dream dancing and hoping for the best going through darker corners of a town. Could work...  Roll Eyes

Yes, companies and banks get hacked even when they devote money, training and ethical hackers to harden their security. But those entities have (sometimes a lot of) people involved, sometimes working under pressure, who are not 100% loyal and/or vigilant, who don't care, make mistakes and get tricked into clicking on links they better shouldn't have, ignoring cybersecurity best practices.

You don't need to know all details of threats so much so that you could replicate them. You should know at least the basic picture of threats because that helps you to spot and avoid the pitfalls.

Keep your mnemonic recovery words of your wallets offline and safe, keep safe redundant copies to avoid possible loss at one single place. Don't use stupidly easy passwords that are already on every hacker's password dictionary.

Know for a fact that software wallets can't protect your assets on potentially compromised devices. And it's usually not easy to judge if a digital online device is compromised or isn't yet. Don't do your crypto coin stuff on digital devices which you use for all your daily online shit.

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March 30, 2024, 10:38:30 PM
 #79

This is a good idea. Most of us are afraid to loss our coins to hackers so it is important to learn cybersecurity to protect our wallets. Because the way this hackers are attacking accounts online is something else. For those who have a very large amount of bitcoins in their wallets an do not know the technical and security measures that will be used to secure the funds are always afraid of hackers. But if they know the security know how to protect their funds then they will sleep well with the two eyes close.
There are hackers that are just in existence of the space for the purpose to empty one's account, I'm narrating out of experience and it was hugly poor. There are measures to follow up when we're in the space. Don't give up because these projects have been timely in place to make good bullish runs. As traders, they ought to understand how these things works and brings out the best student. Learning cybersecurity will do enough aides and also keep us on winning path. Atleast our chances of getting scammed reduced to its minimum ratio.

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April 01, 2024, 09:39:16 AM
 #80


   This an important and necessary aspect of our Bitcoin journey. As an holder getting yourself equipped with Cyber security knowledge will help you identify scammers,their sites and the thrick they play in dupping investors online, how they operate
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