Post
Topic
Board Bitcoin Discussion
Re: How often are people really hacked out of their BTC?
by
Sithara007
on 06/03/2021, 03:26:18 UTC
People get hacked all the time, only  a few are able or willing to come  and share their  experience. As soon as your private  keys or back-up phrase  are compromised, you  are doomed. Personally,  my bitcoin got stolen  on  a staking platform simply  because I had not activated 2FA security  verification. This experience  has made me to activate Google Authenticator  verification  on all platforms wherever  it's  applicable.

Don't get paranoid. If you take the necessary precautions, then the chance of your wallet getting hacked is near zero. I first purchased BTC in 2014. Ever since that date, none of my wallets have got hacked. The trick is to follow basic safety precautions, such as email verification and 2FA. Also, if you go for email verification, you need to create a fresh email rather than using the id that you use elsewhere. And Gmail is the best, because it flags whenever a login occurs from an IP which is previously not used.