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Robrey17

Can people steal my Bitcoin?

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Yes, dear friends, hackers can steal your collection of cryptocurrencies, so it is highly advisable to have your cryptocurrencies on Cold roads and it is very important to have you know private
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On 10/11/2020 at 2:30 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.

Verily, we are the controller of our coins if unknown person get access to our funds this may be as a result of our negligence by exposing our privacy for easy access.

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Can you loose your bitcoins, sure why not. But only if you are dumb idiot. The private keys are hard enough for anyone to memorise, hence they will try to keep in secure place. But if where you keep is not secure enough, then you run the risk of loosing it, and along with it all the bitcoins in your wallet. keep your keys secure, and enjoy the money. 

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you are right, we should be save our wallet keys in safe place, because it's the source of our wallet and if it's lost we will lose all our crypto.

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Yes private key is the most important thing to keep safe a crypto wallet. Dont keep it on virtual place like email or virtual storage. Keep it offline pendrive or note down it in your physical notebook. Pc storage and mobile data storage both are slide risky places too. When you browse online your storage data may get stolen by hackers. 

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It is not completely guaranteed, you should choose a high-security and reliable wallet that does not share your private keys with anyone.

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I am sure that you bitcoin is not very safe as most people don't do correct ways of safe the keys and they can lose or get scammed with the coins or lose them to trading and more problems they can find.

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Our wallet protection measures for digital currencies are really amazing steps! But with all this, there are many people who lose their money every day due to people hacking their devices! Often this happens because people access untrusted websites and links

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This happen only when they get access to your private or special keys, with that

they can be able to embezzle or dupe your currency. So it's very important to maintain your personal details in order to avoid from unnecessary loose or fall as victim of scammers or any other disruptions

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You should choose a good and secure wallet where you BTC will be store and make a strong password so that it will be secure no one will be able to stole your BTC, so everything depends on you if you make everything strong then no one can stole anything from you..

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Yes, your money can be stolen if a hacker breaks into your email or computer and obtains your information such as the password and data of trading accounts or wallets, so you must keep this information in a safe place

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The most important thing for keeping a wallet safe is to keep the private key in a safe place and not to lose it or forget it. The private key is the key to the lock for the wallet, and if anyone gets the private key, the wallet becomes the property of that person, and thus money is easily stolen.

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The safety plays so important role than other things (money or etc.). Cause of that we must take care about that, in my humble opinion if we use wallet which is most safety and also exchange, it would be so hard to steal your money for them in my mind. 

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Bitcoin is a money like any other money and can be stolen normally, it's your responsibility to secure your money if not they can be stolen but if you secure your Wallet or exchange no one can be stolen it's your money you need to keep them safe

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It can if you don't protect your btc. I advise you to keep your btc in a wide and reliable exchange and acquire strong passwords so that nothing happens to you and your btc. Always pay attention to everything and prioritize your safety.

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On 10/15/2020 at 9:59 PM, Jack764 said:

The most important thing for keeping a wallet safe is to keep the private key in a safe place and not to lose it or forget it.  The private key is the key to the lock for the wallet, and if anyone gets the private key, the wallet becomes the property of that person, and thus money is easily stolen.

Yes this world of cryptotalk is full of scam things and there is a chanc to loss your money by the scammers and hackers. So I will suggest you to activate the 2fa function to secure your account perfectly. It works well and there is no chance to stole your money by anyone. So let try it once for your safety

 

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just keep your private key in a safe place , don't keep it in your computer if someone else has access to that computer too. avoid using your wallet in public computers like schools, college or at work.

you can use hardware wallets too.

or if you are a trader , keep you account information in a safe place.

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Yes, of course people can steal your Bitcoin if you aren't careful enough with your wallet. That is the only time that they can hack you and there is no other way, I think so. If you're being extra careful with your wallet, then you should be more safe.

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The best explanation of the issue  is you need to keep your private keys at te safe place and write them down at more than one places you will need them all the time in future.

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The key for each wallet is very important to us so that our money is not stolen, and I encourage everyone to keep their keys in a safe place, and it is possible to send this key to someone you trust in order not to lose it.

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I think people can steal anything with value without exception. Our Bitcoins protection depend about our self, if we don't take attention about our protection or we don't invest in their security, of course we will be an easy victim. So before anything is your protection and avoid the ignorance. 


 

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security system never reaches 100%. You should use as many layers of security as possible. 2fa should be used and it is best not to have more than one website open at the same time.

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If you give your private key mistakenly then someone can easily steal your from your wallet. So we never share our private key to the others because it is made for us 

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