How to Keep your Bitcoin Wallet Safe

You already know how valuable the bitcoin might be. Some have managed to be convinced that it is a good investment, others not. It does not matter, even Satoshi Nakamoto declared himself far from being an evangelist and said “he does not have time” to convince them of anything if they do not see the value of this new electronic market.

So without being an evangelist and without promising you to get rich overnight, I will say one thing – without robust security and minimal care, all your enriching dreams can be ashes under your eyes. Not once I read the stories of virtual millionaires who have a few hundred or thousands of bitcoins in a wallet they cannot access or who have lost their savings overnight. I can only imagine the bitter taste that they have every time they see that bitcoin has grown. Treat this series of bitcoin wallet security seriously and do not play with money.

The Bitcoin Loophole review can be very useful reference for the future. You can read below the essential data for new users – how to correctly set up your bitcoin wallet security.

Some short points:

  • It is preferable to install Linux instead of Windows.
  • even on Linux, you need antivirus
  • if you still stay on Windows, take a licensed Windows, install antivirus, antimalware / spyware, anti-keylogger, adblocker all the preferred in the paid or prize option (if you want to know why, read the Antivirus, the house guard)
  • choose a safe and secure Internet connection, tricky passwords and Internet on the wire rather than Wi-Fi
  • Secure the portable device. Preferably use iPhone, not Android
  • Use antivirus and VPN, especially if you log in from unknown Wi-Fi

Linux does not Windows. How I chose with all kinds of viruses on my laptop

Bitcoiners are information stored on an electronic device. We’ll talk about cold storage later (on paper wallets or devices that are not connected to the Internet), but genesis is invariably on your computer or your phone.

By the end of last year, I was pretty comfortable. Most often I use an HP laptop that kind of contradicts the Linux operating system and I did not have time to switch from Windows to a Linux distribution. Also, I have some programs I’ve attached to and native to Windows (Photoshop and Office Pack are the head of the poster).

I’m going to tell you what happened to me, and why I’m glad I was even pretty careful to store my bitcoins on my partner’s life, whose computer is better suited and undoubtedly free of viruses. I’m usually relatively cautious about computer security, I have a decent antivirus and try to avoid the problematic sites I could end up with viruses. At work, however, I have to go to different places sometimes more obscure, I tested including dubious fits for your sake, and my antivirus seems to have failed.

I have robust passwords on all the accounts I use – alphanumeric, with unique characters, prominent and diacritic letters (I do not tell you which language you are unless we become excellent friends). Well, think of such a password of over 15 characters that could theoretically be broken by brute force in a few generations. It’s like it cannot be better reinforced and looks a bit like a bitcoin wallet password. Well, let me tell you that before the holidays I received a message that I was told that … my email address was broken. How? You cannot suspect this situation except a keylogger, obviously. I mean, somebody somewhere, a hacker, managed to infiltrate into my computer something that would allow her to see what I type on my personal computer, especially passwords.

Imagine what it was like to have a bitcoin wallet with all the savings stored on a computer that has a keylogger. In fact, viruses are quite common on this popular operating system, and if you’ve got it from somewhere without a license, it’s very likely you get it directly with viruses.

On Debian, I regained my racing laptop (a gift from mine, so with brighter specifications), which did not give any more heat and no longer made noise and which now goes to the speed at which it should go. Why? Most likely, on Windows, either someone remote from my symptomized laptop either uses the processing power for my interests, depriving me of the full capabilities of my computer.

I’m telling you all this to understand that there are many types of malware, viruses, worms, and other such animals that can live in your computer and make your life harder, especially if you hold bitcoins on your computer.

So I recommend giving up Windows and going to Linux where you’re a little safer. It’ll take some time to find the right distribution for you. If there are any programs you cannot give up on, you can either use a Virtual Machine (which virtually installs a kind of Windows window inside Linux) or install two operating systems on the same computer (it does not get nasty about one another one, it’s just consuming some more hard disk space).

In any case, bitcoin operations should be right on Linux. I still want to repeat one thing. Linux, I come in, is not necessarily safer or better done than other operating systems. It’s just less noticeable for the simple fact that Windows is more popular.

You definitely need an antivirus on any operating system. Yes, for hackers, it is more cost-effective to plug in the populated lake of Windows, but be sure that if you have a bitcoin wallet Linux. Anyway, do not leave your computer without antivirus.

bitcoin-1
bitcoin-1

Other tips for a healthy Internet connection

It’s hard to tell what percentage of the attacks are given by attacking the router. It’s certainly a relatively easy variant of hacking (we’ve also broken about two times, fun, Wi-Fi at work, and we disconnect each other from the Internet). You will not be able to apply them all, and there is no need to be paranoid, but here are some ideas. Use the Internet rather than a Wi-Fi network. The most vulnerable are small devices such as a wireless printer or smart TV that are never as secure as is the computer. However, I can hear from a gateway. If you are suddenly disconnected from the Internet, be sure to log in again. If you see a network with the same name as yours but not secured with a password, it’s a fake one trying to catch the airshow. Of course, use an unbeatable password. You need a long, alphanumeric password that has special characters and uppercase / lower case letters.

According to the estimates made by CryptoAware, in the first half of 2018 nearly $ 2.3 billion was lost to the crypto market due to malicious attacks. Whether we talk about Coincheck or the last incident from Coinrail. Over time, the crypto world has faced significant incidents such as Mt.Gox or DAO, which have generated both legal consequences for those involved and hard forks of affected crypto money.

Alisia Watson
Alisia Watson
Alisia Watson is a brand strategist at My Ultimate Success Tips a.k.a MUS Tips.

2 COMMENTS

  1. Thanks for the awesome tips. I once got my wallet hacked and it was not a fun experience to say the least. Thank goodness I did not have much in it but nevertheless it was a big lesson. You bitcoin wallet can never be too safe.

  2. Thanks a lot for sharing this immensely useful tips. These points will really help me to use the wallet safely. Keep writing more and sharing more like this in the future.

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