Can people steal my Bitcoin?

[Haley 832]

On 10/11/2020 at 6:30 PM, Robrey17 said:

This is one of the questions I get asked most often, and it’s easy to see why. Unlike cash or transitional investments you are responsible for storing your own crypto safely.

How does storing cryptos work?

• Cryptos are stored in a digital wallet.
• This wallet has a private and a public key.
• The private key allows you to transfer funds out of it. The public key allows you to transfer funds into it.
• If you lose your public key, you can still access it with your private key.
• If you lose your private key, you lose assess to your wallet’s funds.
• If someone discovers your private key, they gain access to your funds.

It’s as simple as that.

So, as you can see, it’s extremely important that you keep your private key, well, private.

I think its not possible to stole cryptocurrencies if they are kept in save wallets. These wallets use high security levels which protect your currency from being stolen. 

[yenniferamos14lsv 45]

The answer to that question is very obvious, of course they can steal our btc or any cryptocurrency, so we must keep our wallet well secure, it is recommended to keep our private key in a safe place, in addition to activating the 2fa authenticator, cryptocurrencies are becoming more popular and consequently more scammers and thieves are entering this world of cryptocurrencies, also if we lose access to our wallet, it is likely that those btc will be lost forever.

[Razan alikac 1899]

The use of a cold wallet is safer than hot wallets, and this saves it from theft. It is also very important not to share our keys with anyone and keep them in a safe place.

[Zeshan7736087 287]

Any type of cryptocurrency can be stolen if the private key of your wallet is not kept safe. Or you provide your sensitive details while logging into an anonymous website which scams the users usually.

[scofield64 943]

Thank you for this simple explanation. We all need to keep our private keys safe and secure and we should not share our private keys to any third party because our cryptocurrencies can be stolen or hacked. 

[milyapsak0901 693]

Thank you mate , you explain it perfectly, i've some experience in crypto world and all that i can say is protecting your private keys, if you lose it or if you share it some one else you can lose every assets you have. I know crypto is the future for us but we can't complain about problems if we lose our assets , it's not like banks. That's why we have to be very careful about out private keys.

[Feras1997 97]

My friend, it is clear that this topic is very important for every novice who is here .. so that every person does not lose their labor and work .. I do not think that there is someone who can steal our coins if we keep the private and public keys securely.

[True legend 554]

On 12/26/2020 at 12:48 PM, cryptomata said:

Hello everyone they can steal your bitcion if they have access to your account details they can have easy access to your wallet and make transactions without you knowing it make sure you secured your wallet 

That's the most important thing, let try and always secure our account, anyone can steal our coins ,not only Bitcoin but every other coin, that's why it always advisable to always make our account very secure and we should not put it open to other people

[tobom 133]

Sharing this information is really important for those who are just starting out in this business. As I understand it, the most important thing in the wallet is our private key. I hope people have learned how important these keys are.

[NiazKhan90 35]

Bitcoin is a product of the Blockchain technology, and interfering with a block on the Blockchain is almost impossible to do. The first way a Blockchain secures itself is by a process called hashing, tempering with a block on the Blockchain causes the hash to change imagine changing a million hashes per seconds??? 

That's  nearly impossible to do 

[Michael098 58]

truly. you should be cautious. you should utilize a chilly wallet to shield yourself from programmers. or on the other hand you ought to pick your trade passwords well overall.

[jack88 427]

I thank you my friend for this information. Indeed, every member has a private key for their wallet that they should keep, but there will always be hackers trying to access your private keys. But do not worry, the forum here is safe and there is no fear that your private keys will be stolen. Because there are always security measures in place to prevent fraudsters from entering your wallet.

[Jack07 316]

On 10/11/2020 at 7:30 PM, Robrey17 said:

This is one of the questions I get asked most often, and it’s easy to see why. Unlike cash or transitional investments you are responsible for storing your own crypto safely.

How does storing cryptos work?

• Cryptos are stored in a digital wallet.
• This wallet has a private and a public key.
• The private key allows you to transfer funds out of it. The public key allows you to transfer funds into it.
• If you lose your public key, you can still access it with your private key.
• If you lose your private key, you lose assess to your wallet’s funds.
• If someone discovers your private key, they gain access to your funds.

It’s as simple as that.

So, as you can see, it’s extremely important that you keep your private key, well, private.

If you keep your bitcoins in a good wallet with good security, no hacker will ever be able to steal your bitcoins.I would suggest that if you keep your Bitcoins in Coinbase account then it will be in the most secure condition there

[Ajkion 275]

Surely, most forums of this kind are full of scammers who may steal your earnings. The only way you can avoid this is by avoiding chartings with unknown and untrusted friends. Also avoid sharing you identity and vital information tl with anyone.

[bitcoin-shark 1928]

let's say that generally non-custodial bitcoin wallets are safe just don't access them from compromised computers or mobile phones and keep the private key safe, the best wallets for security are hardware wallets such as ledger and tresor unfortunately they are quite expensive

[Roarnoman12 621]

An informative post dear mate. We should keep our private key safe. Our bitcoins can be stolen by our carelessness. Another thing that we have to keep secure. The password of our yobit id.

[Mishi Lorana 717]

On 10/11/2020 at 6:30 PM, Robrey17 said:

This is one of the questions I get asked most often, and it’s easy to see why. Unlike cash or transitional investments you are responsible for storing your own crypto safely.

How does storing cryptos work?

• Cryptos are stored in a digital wallet.
• This wallet has a private and a public key.
• The private key allows you to transfer funds out of it. The public key allows you to transfer funds into it.
• If you lose your public key, you can still access it with your private key.
• If you lose your private key, you lose assess to your wallet’s funds.
• If someone discovers your private key, they gain access to your funds.

It’s as simple as that.

So, as you can see, it’s extremely important that you keep your private key, well, private.

Yes sir I will agree with you that no one can steal or Bitcoin because Bitcoin is the safest wallet for currency online. Our bitcoins are totally secure in BTC wallet. As it is a digital currency it is very difficult for almost impossible to steel it.

[Sophia163 206]

Hi friend someone can steal your bitcoin if your private keys is vulnerable to someone, you should keep your private keys where only you will have access to it. do not disclose your private keys to anyone.

[Bruno52 1141]

I'm very happy that crypto currencies are very secure and I hope that the members in this forum will try their best to make their information secure from hackers who can use that information to steal their earnings in the crypto world.

[Beryymark 126]

Your bitcoins can be steal only if hackers gained access to bitcoin owners'digital wallets if hackers can determine some of your personal information they maybe able to infiltrate your transactions in the space regardless so avoid using your personal information for your wallet also ensure you mixed letters,numbers when settling your wallets 

[Choudhary umer 0]

Yes sometime you can lost your money e if you not keep your eyes on the rules made by the moderators for this forum and I also suggest you that if you received any attractive offers first of all you should to to investigate it many time this type of offers received from the scammers

[habib ur Rehman 207]

This world of cryptocurrencies is full of scammers, it is always advisable to be careful with what we dowanload ..The links respresent a great danger since it is easy to infect your computer..

[Zaman222 415]

Bitcoin transactions are recorded in a block chain and it is a decentralised coin that uses cryptography to make his transactions highly secured to be free from scammers which makes it not possible for someone else to have assess to your bitcoin except you and as far as you can keep your details personalized, its not possible to steal your bitcoin.

[Moudr 513]

13 hours ago, Sara nour said:

Thank you very much for reminding us of the importance of preserving our account keys, and we must make sure not to forget them because they are so important.

I agree with you that our accounts must be protected from any hacking and not to give the password or account number to anyone

[m7md 0]

You can keep your cryptocurrencies in one of the cryptocurrency wallets in this field and therefore you must choose a popular and secure wallet and make sure to keep the passwords of the wallet in a safe place