Hackers, stop wasting your time!
I was surprised to see how many failed login attempts there were on one of my exchange wallet.
I use VERY HIGH security principles to protect my digital gold. If you follow my 10 principles. You intangible coins will stay safe.
1- Never put all your funds in 1 wallet address no matter how secure it is.
2- Never let your money sleeps on an exchange. You have to control your private keys
3- Use a very strong password (My exchanges passwords have at least 16 complex characters while my wallet's password have 22 characters)
4- use a dedicated computer to trade Cryptocurrencies.
5- Use a less popular computer operating system (Spyware usually target popular ones).
I use Qubes OS Linux (recommended by Edward Snowden) to manage somes of my wallets.
6- Use a hardware wallet when they support your coins.
7- If you want to backup your recovery phrases into the cloud, you can use a software like boxcryptor wich encrypts your files before sending them to Dropbox or Google drive.
8- Enable two-factor authentication on all your online accounts whenever you can.
9- Generate your wallet address with the official wallet using Linux.
10- Avoid mobile phone wallets for huge amounts.
Thanks for posting. This is a useful resource.
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Hi there, I am a complete novice with I.T. and Cryptocurrencies but I am interested in buying around £500-£1000 worth of Bitcoin. Your post has concerned me as Im not sure I would know how to Install or understand the formats/software you advise. can you advise me on how to start out please?
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For novice, the best advices are :
If you need more help. Just google it
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you are giving too much away by saying how many characters there are in your password
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I said "at least" 16 characters. Yes my desktop wallet has 22 COMPLEX characters. That doesn't help too much
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Congratulations @aurelscorp! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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