Post
Topic
Board Economics
Re: Is wallet security important to use?
by
Cherylstar86
on 23/12/2018, 22:47:33 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.


If you think your wallet is not safe and prone to hacker thats the time to use a secured wallet with covered by security apps to avoid stollen thats better.
That's right because now there are so many hackers who want to take our assets, so to secure our wallets is very important before you feel sorry later on
Indeed! It's very important that we make safety and security a priority because hacking is becoming very rampant. The security of cryptocurrencies is dependent on the security of your wallet. The more security features you have in your wallet, the better it is. As always, make up a strong password, including some unique characters.