How to avoid theft, scams, and any other loss of funds.

[Yabuko 629]

These 3 points are the best ways to avoid losing your currencies whatever happens with you , about cold wallets we also should be careful when using them so we don't destroy them and lose our currwncies and about hot wallets it is always good to activate additional security methods like 2fa if available

[Cryptic 0]

On 12/23/2019 at 8:33 PM, Saifchy said:

By giving a strong and unique password. And give a 2 step login security in your yobit Account.Don't click in any unknown link that you don't have idea.

 

Yeah always use a combinations of capital letters, small letters, special character, numbers as your password and a minimum of 8 letters or better to make a long one because it would be hard to decrypt. The hackers will took a lot of time and guess a lot of combinations to do so, and I think some wallet nowadays has a function that would notified the use user if someone spamming their password. Other than that, don't click any suspicious links and if you are visiting a website better to always check its url if it is http or there has a green padlock icon on it. When you are on internet, you must always be careful.

[Maaz sultan 265]

On 12/23/2019 at 5:04 PM, Digicoin said:

Generate your private keys in a secure, offline environment

Except if using little amounts, in which cases keys may be created in a hot wallet but otherwise offline wallet it better and the safest.

 

Create backups of your private keys

This helps to protect against the loss of your bitcoin due to hard drive failure.

 

Encrypt wallets to provide additional security

This helps prevent the physical theft of your funds in the event that your device or hardware wallet is stolen. 

I agree with you make backup to backup for securely use the digital currencies make two or three backups of your private keys , paraphrases  and hardware wallet is a very secure wallet to backup your data physically .

[Mosab73 333]

I think that the means of safety from theft and fraud have become common and well-known, and I add to them the most important safety factor, which is controlling your instinct that drives you to make profits at record speed, and here mind and patience must be judged

[Honny143 13612]

You mention three security tips really useful because present scammers have everywhere, so our accounts need strong protection to avoid scammers,

not only these three things but we  take extra care  before installed any file in our device, and check unknown links before click, because these all thinks welcomes malware virus in our device, so be careful and protect our accounts.

[Naylor89 1223]

A lot of investors put their money in a project without fully understanding the whole purpose of the project. Everyone should check the project whitepaper, the team that handles the project, the website and the manager who holds the project. In my experience, 80% of projects out there are fraudulent. If there is suspicion in one of these factors, leave the project.

[Zeshan Khalid 2577]

Do not try to download files from the unverified sources and do not click on the pop-up links. Just try to depend on offline wallets and trade the crypto currency into the national currency as early as possible.

[yato987 2811]

cold wallets are great and provide a perfect security to your currencies but you should use them only when you have a big amounts of a currency not a small amount , online wallets like blockchain and trust are also great and safe , add 2fa for more security if available

[Waqar Satar 500]

There are many peoples who have fallen victim to many scams and in return all lost their money. For this purpose, strict actions are required along with awareness. You suggest good points, but I further want to add that we should share our bad experiences with each other so that we don't fall for the scam. And we must create a very strong password to secure our account.

[Swapzone 174]

Apart from the points you mentioned, there are some others too.

 

- "Not your Keys, Not Your Coins"
- Never Store your Private Keys digitally

- Always use trusted and reliable wallets

- Use an anti-virus software 

- Use an adblocker while surfing web, etc.

[khan22 3478]

On 12/23/2019 at 5:04 PM, Digicoin said:

Generate your private keys in a secure, offline environment

Except if using little amounts, in which cases keys may be created in a hot wallet but otherwise offline wallet it better and the safest.

 

Create backups of your private keys

This helps to protect against the loss of your bitcoin due to hard drive failure.

 

Encrypt wallets to provide additional security

This helps prevent the physical theft of your funds in the event that your device or hardware wallet is stolen. 

I always select the 2FA becasue it is most secure and good option for us to secure itself from the hackers. Crypto is a big market and in this market so many scammers and hackers are enter and they make the money through the short way and we need to secure itself from these type of scam peoples.

[Guroo0 47]

Much obliged for the helpful post. likewise I will say that assets ought to be put away in various wallets. as all sum put away in one hot wallet could be hazardous.

[Guru2050 8284]

So many effective solutions has already been provided, I will just try and highlight some points

To keep yourself protected from any attacks that may rises from scammers, hackers and any other cyber security disruptions, you must prioritize security as your first Agenda, making it your utmost concern and giving it first class attention.

 

[Teminali69 1081]

20 hours ago, arikjordan said:

Crypto market is so risky for doing business activitirs because there are a lot scammers are there in this market. so try to avoid any unknown person and do not gave any your secret  password that's the way to safe myself from scammers.  

I think we should be more carefully than that, scammers do not even need your password to scam you, they only need your weak spot and everyone has one, so you might get away from one scam and get caught in another one. We should be more carefully and more smart and always ask around before you get into some kind of investment, that is why there are forums like these one where we can discuss such things.

[Danii2312 34]

I think everyone understands. next is, beware of phishing sites because they are very dangerous if we access it because it looks almost similar. then bid by email, just ignore it if you don't want to be fooled, they usually offer a deposit for investment with large and unreasonable returns

[Mella 3680]

This is good advice we have to know about and we are need to be in the place to avoid the thefts happen to us. I am known to many scammer and their plans but the safety of investers are need to lock the funds in wallets and this way I am read another place too is the one that secure better the crypto. As I am trader I have to use the exchanges to keep the crypto and trade them because this is need time if I move to wallet and do all this work.

[sarahmoses202020 251]

On 12/24/2019 at 9:07 AM, Interface User said:

Also don't talk deeply to the strangers especially in Crypto world because sometimes when we deeply talk there's a higher chance that this scammers or hackers can trick us. Also be careful in using public computers because sometimes there's a virus or malware that can attack your private data so if you can, use your own clean device.

Sometimes we get corrupted files from people which helps them get access into our systems. We need to stop entering malicious site and also stop downloading malicious programs. Another security that we need to put in place is 2factor authentication, if you enable it then your wallet and funds are safe.

[safwan944 54]

 You have nicely mentioned how to keep the cryptos safe from being theft and scam i would like to add some tips like having a strong password and choosing the trustable exchange sites and wallets like yobit and coinbase .

[bogdanoff 3173]

These are instructions about how to secure the private keys but there are more we need to know and even if we do all the above the coins are not safe if we access the wallet again and make mistakes. There was an electrum wallet vulnerability in previous version and many bitcoins were lost so it matters what happens later too. we maybe not have new information about what to use after three years when we will access our wallet again.

[pacific 2268]

Thank you for this informative post. I will keep in mind these things, before creating any online wallets. Besides, you can also use Two-Factor Authorization(2FA) for keeping your private wallets more secure. I would recommend Google Authenticator app for keeping your wallets secure with 2FA's. 

[khan22 3478]

Scammers are every where and if you want to avoid them than invest always in the old exchanges and buy the old coins becasue the new exchanges and the new coins always give us loss not profit and they just make these exchanges and coins for scam which is not good and we just lose our money in it.

[Danii2312 34]

Great tips all-in-all, but I do think this has been already discussed in various topics/threads. Merging your information in other OP could be much better to avoid duplicate posts in the forum

[annayks 2314]

A better title would be how to safely generate and secure your private key. Thefts and scams can happen anyway so we don't protect ourselves from scams this way. Scammers can convince someone to send them Bitcoins they will not try to access the private key or find where they are stored.

[Bulver 100]

I think a cold wallet is well protected from theft of your crypto assets.  This is a removable media device that has your fingerprint scanner, voice recognition, and more.  The most important point of this wallet is that it is always near you and it is able to work without the Internet, unlike crypto-exchange wallets.

[baykriptoo 15]

very good advice dude.. always doing backup for our private key and safe it on safe place on offline storage like flashdisk and also always use antivirus and some scam website detection like ethereumaddresslookup to prevent malware that will harm our advice...