RATE Group | Keep Your Bitcoin Safe by Making Security a Habit
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Keep Your Bitcoin Safe by Making Security a Habit

Keep Your Bitcoin Safe by Making Security a Habit

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When considering how to keep your bitcoin safe, most users think about the hard stuff like buying a hardware wallet, using complicated passphrases, buying bulletproof safes and backing up seed words on steel … but most users ignore the easy stuff because it doesn’t seem to be linked to your coins. Unfortunately, it’s ignoring the easy stuff that causes the most loss. The biggest threat to personally owned coins is the threat of impersonation and the dozens of ways attackers use impersonation to steal funds. 

The most complicated passphrase and the most secure hardware wallet won’t stop you from sending your own coins to the attacker yourself.

Protecting your own accounts from impersonation can have an “infectious” quality for your friends and coworkers. When my accounts are secure, my friends are safer because my accounts can’t be used as a springboard to attack them. Since impersonation is the most successful method of attack, I’ve found that training employees to…

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