You discovered Crypto and want to get your skin into the game? Congratulations for joining the next digital revolution. The current state of crypto the bitcoin group 123bitcoin risesfalls exchanges unavailable and blockchain blockchain wild and ruthless.
This guide is your game plan for whatever you are planning to get into within the crypto ecosystem. This article will help you to find your way into the crypto space. Learn step by step the most crucial parts to practice safe crypto. Before you even think about buying your first Bitcoin, learn how Blockchain works. As a smart investor you better know what exactly you are throwing your money at.
What is Blockchain anyway? And why is everyone so hyped about it? Below you can find the best videos and articles to explain how Blockchain technology works and why it has the potential to disrupt multi-billion industries.
The possibilities of Blockchain technology go beyond storing value or transacting money. Some Blockchains are trying to fill the space for problems which Bitcoin is not able to solve. Surprisingly the Bitcoin whitepaper written by Satoshi Nakamoto is only 24 pages long and easy to understand. I highly recommend reading the original whitepaper behind Bitcoin.
Ever heard of HODL? And what is FUD? In the crypto community, you will find many terms you probably never heard in your life before. Note that this part is super-biased. Mostly those are the people who I evaluated of being legit. Of course, I might be wrong. At any point people might be added, removed or altered. Soon I will add other people who I mostly disagree with and who stand on opposite sides to the people mentioned below. Staying updated on the recent events in critical in the crypto space.
It can be even more extreme with Altcoins. A basic account is free. Scammers and hackers who are after your coins want to make sure, that their spent time for attacks is rewarded. If a hacker spends 20 hours on hacking somebody's account, he want's to make sure that he gets a sweet honeypot instead of wasting their time on the bitcoin group 123bitcoin risesfalls exchanges unavailable and blockchain blockchain empty wallet. Keep in mind even the most secure systems one big flaw: This creature is full of insecurities and fears and can be easily manipulated or deceived.
Like you are taking a shower every day I hope so at leastkeep your computer clean from any digital dirt. Whether you are on Windows, Linux or Mac, all Operating Systems can encrypt your hard drive with a master password. Especially if you are managing large sums of Crypto on your computer, nobody should have any chance to get access to your files, if your machine gets stolen.
Enable Full Disk Encryption Ubuntu: You will be surprised how many people are still using birthdays, spouses names or password to "secure" their most precious logins. Step up your game! In the past couple of years, major online platforms like as Yahoo, Dropbox, Adobe and many others were hacked and had their user data stolen - including passwords. You can check on https: But how do I memorize hundreds of passwords?
The bitcoin group 123bitcoin risesfalls exchanges unavailable and blockchain blockchain a password manager. Most have browser plugins and can generate secure passwords.
Password managers are a convenient way to store all your logins and to use different passwords for each website. Don't forget that you are putting a lot of trust into the hands of developers of the app.
Chose your Password Manager wisely! If somebody gets access to your password database, my thoughts and prayers are with you and I am not even religious. Two Factor Authentication 2FA is a must-have for all your accounts. By enabling 2FA and connecting your account with a 2FA app, you add a second layer of verification to your login process. The OTP for the connected account is generated randomly on the mobile app and changes every 60 seconds. In case your username and password get stolen, a hacker cannot access your account without the One Time Passphrase displayed on your smartphone.
Consider 2FA your savvier and protector of all your accounts. Especially in the USA scammers have repeatedly ported victims' numbers to a different provider and were able to reset passwords on their victims' accounts. By backing it up, you can recover access to your account if you lose or restore your phone. Some websites don't display the Recovery code, which is more than inconvenient.
In that case contact support to implement that feature. Until then print the QR code on a secure printer. Never store the 2FA recovery code digitally on your on any online device! Social Engineering is an attack on the most vulnerable link in the chain of any security: It mostly revolves the bitcoin group 123bitcoin risesfalls exchanges unavailable and blockchain blockchain manipulating somebody to obtain sensitive information. In the world of crypto Social Engineering attacks mostly target customer support agents.
Hackers gather your personal information to impersonate you and get access to your accounts. Sometimes we even forget about the most obvious things. That includes using a browser which is secure and runs the latest version. Don't forget to install extensions which increase your security such as Adblockers and phishing protections. A common scam is placing ads to fake phishing sites in search engine ads.
Sometimes people don't even realize they are clicking on a paid link since the lines between organic and paid search the bitcoin group 123bitcoin risesfalls exchanges unavailable and blockchain blockchain are often blurry. There is a staggering amount of phishing websites in the crypto space. And the sad truth is, that the scam methods are becoming more and more sophisticated.
To avoid hitting phishing sites accidentally, bookmark all legit URLs in your browser. That way you avoid falling for a phishing site. To avoid visiting any scam site in the first place, you can block them with some browser extensions. Keep in mind that they are relying on reports from users.
Newly setup scam sites might not be listed yet. Browser extensions can alter any website element without you even noticing. Sometimes scammers buy existing free extensions which already have an active userbase and sneak in malicious code. At the moment, there are no permission levels for browser extensions.
For an extra layer of security, separate all your crypto activities from everything else by using a completely different browser. If your social accounts provide your real name, hackers will try to find out whether you are a valuable target or not.
If you are an active trader, you might already be on the radar of hackers. Major updates can be a pain in the ass to deal with. But is a minor inconvenience worth losing all your coins? Mark Zuckerberg is aware of his high profile and the risk the bitcoin group 123bitcoin risesfalls exchanges unavailable and blockchain blockchain comes with his position.
Most Smartphone wallet apps don't heavily encrypt private keys or seed phrases. A Jailbreak for your iPhone or Root for Android enables root access, so you open another floodgate for potential hackers. Potential Malware would be able to snatch any private keys or seed phrases if they are stored in plain text or with weak encryption. Avoid custom ROMs for Android as well. Most of them are unvetted and not always deliver bug fixes for discovered vulnerabilities.
If you want to print the bitcoin group 123bitcoin risesfalls exchanges unavailable and blockchain blockchain crypto data private keys, 2FA backup codes, etc. The caveat is that many printers store most recently printed documents on the internal storage for caching or convenience features. Those files can be recovered since they are mostly stored unencrypted. Almost every printer leaves tracking dots on the paper so that the document can be backtraced.
You might want to share some folders on your local network. Chances are high you will forget to disable the service if you the bitcoin group 123bitcoin risesfalls exchanges unavailable and blockchain blockchain at your favorite cafe.
You have sensitive documents in your Dropbox, Google Drive or such? Wipe those suckers clean and host your own cloud service instead. There are plenty of options to set up your own local cloud storage with your Router or an additional device such as a Raspberry Pi. Wifi Routers can be more vulnerable than you think. The KRACK vulnerability from October shows that one single issue can affect millions of devices worldwide overnight.
If you plan to do crypto stuff from your favorite cafe, a secure VPN is a must. Public Wifi networks such as in cafes cannot be trusted at all.
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