Post
Topic
Board Economics
Re: Is wallet security important to use?
by
boksoon
on 31/08/2018, 15:57:43 UTC
I once read for security wallet,
this is just for discussion how to secure the wallet. I do not think there is a security system and there will be no theft in the wallet.

If you choose your wallet or phone software, you need to be extra careful! Remember that bitcoins are stored inside your device. If your computer or phone breaks down, your bitcoin is gone too! Thieves can also take your bitcoin if it gets access. Consider the following tips to avoid losses:

Perform regular backups regularly
Save the backup on another device like in flash or another computer.
Use the encryption feature
With encryption, each transaction requires a login with a password. This prevents thieves who manage to gain access to your computer.
Do not forget the password
Losing a password equals losing your money! Wallet does not provide a password forgot feature.
Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-wallet

Do you guys have a better idea to avoid theft in the wallet?
Your Knowledge and Ideas will be more helpful if shared.

This was the major topic that should be learn by the beginners. It is very crucial that they should know how they can manage their certificate for everything will be useless if they forgot it neglect these important things. Passwords are the common problems that a user can encounter. They forgot their passwords, and what they can do is just to sit down in a corner. To about this, always secure multiple copies of this, hard and soft.