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Author Topic: Use strong passwords for your wallets/ accounts  (Read 1325 times)

Offline yhiaali3

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Re: Use strong passwords for your wallets/ accounts
« Reply #15 on: January 19, 2024, 02:52:22 AM »


Storing a password is similar to storing a seed. You should never use third parties to save it. It should be saved on paper in a safe place and not stored on a computer or the Internet.

I'm using a password manager but I have a trick on my own on every saved password I just make sure before I hit save the password in the password manager I have inserted two characters in the beginning and also two characters at the end of the password that 4 characters I remember by heart, so even if there is a breach those passwords are useless as they need those 2 characters in the first and the last password I'm fully aware of those breach in the password manager so this is my own innovation to keep the all the password safe.
Very well, this is a good strategy to overcome the problem of password manager hacking, but you must have a good memory otherwise you will get into big trouble.

Although this is a good strategy, with the development of hackers' skills and their use of artificial intelligence, it has become very difficult to trust a third party. It is better to follow the old methods of saving important passwords, I mean writing the password on a piece of paper, and it is also better to hide part of it so that it does not fall into the hands of Unreliable.

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Re: Use strong passwords for your wallets/ accounts
« Reply #15 on: January 19, 2024, 02:52:22 AM »

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Offline bitmover

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Re: Use strong passwords for your wallets/ accounts
« Reply #16 on: January 19, 2024, 03:51:15 AM »
I have heard about this so many times even in the bitcointalk but I have decided to trust my memory for my passwords.
The problem with this approach is that all your passwords will be similar.

And there are a lot of data base leaks from websites. From time to time websites get hacked, and criminals get your password (which is the same or similar to other websites), and then you have a problem...

A password manager mitigate this problem, as you will have different auto generated passwords for all web sites.
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Online robelneo

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Re: Use strong passwords for your wallets/ accounts
« Reply #17 on: January 19, 2024, 04:00:52 AM »


Storing a password is similar to storing a seed. You should never use third parties to save it. It should be saved on paper in a safe place and not stored on a computer or the Internet.

I'm using a password manager but I have a trick on my own on every saved password I just make sure before I hit save the password in the password manager I have inserted two characters in the beginning and also two characters at the end of the password that 4 characters I remember by heart, so even if there is a breach those passwords are useless as they need those 2 characters in the first and the last password I'm fully aware of those breach in the password manager so this is my own innovation to keep the all the password safe.
Very well, this is a good strategy to overcome the problem of password manager hacking, but you must have a good memory otherwise you will get into big trouble.

Although this is a good strategy, with the development of hackers' skills and their use of artificial intelligence, it has become very difficult to trust a third party. It is better to follow the old methods of saving important passwords, I mean writing the password on a piece of paper, and it is also better to hide part of it so that it does not fall into the hands of Unreliable.

When it comes to securing one's account one should devise his ways and should innovate, but if you are a marketer or you have a business online it is hard to keep up writing notes on all the sites where you have accounts you will need the help of a third party that is secure enough not to get hacked, my method will render all passwords in the third party useless, but it's always securing your environment and how you handle yourself when you're online and be aware of the hacking and scamming.
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Offline MUGNIA

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Re: Use strong passwords for your wallets/ accounts
« Reply #18 on: January 19, 2024, 02:14:04 PM »
    • Use password manager tools if possible.

    I think this is the best advice which summarize all of them

    I just switched to proton pass, I think it is very goof and privacy focused password manager
    https://proton.me/pass

    Password manager will automatically create one unique strong password for you in each website, and automatically fill up. I can't live without one anymore.

    Can this change an existing password?

    I'm the type of person who is very forgetful, sometimes I don't open a site/wallet/exchange for too long, where I have to enter my password, I have to research it first to be able to log in again.
    so almost all the websites/plafroms/emails that I have. have the same pwsd[/list]

    Offline bitmover

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    Re: Use strong passwords for your wallets/ accounts
    « Reply #19 on: January 19, 2024, 06:00:15 PM »

      Can this change an existing password?

      I'm the type of person who is very forgetful, sometimes I don't open a site/wallet/exchange for too long, where I have to enter my password, I have to research it first to be able to log in again.
      so almost all the websites/plafroms/emails that I have. have the same pwsd[/list]

      Using the same password is a terrible practice.

      You would need to download a password manager and start using new auto-generated passwords.

      You can change old ones, as I would consider them compromised. You can go to each website and change using the password manager
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      Offline famososMuertos

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      Re: Use strong passwords for your wallets/ accounts
      « Reply #20 on: January 19, 2024, 07:03:08 PM »
      It seems like a random issue to use a password, and that is perhaps the main problem, yet despite knowing the fragility of certain passwords and not adding 2FA, it is a recurring situation.

      Some may know the infographic shown below:



      Offline tranthidung

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      Re: Use strong passwords for your wallets/ accounts
      « Reply #21 on: January 21, 2024, 09:14:50 AM »
      It seems like a random issue to use a password, and that is perhaps the main problem, yet despite knowing the fragility of certain passwords and not adding 2FA, it is a recurring situation.

      Some may know the infographic shown below:
      <image snip>
      I have that article from Hive in OP but did not make a screenshot. In fact, there are different tables for estimated time of wallet password bruteforce, not only one.

      The time to brute force password will become less and less when we have more powerful computational power with time. Better graphic cards and better computers will help us to brute force wallets more easily and faster.

      HIVE team update that article each year as I know.
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      Re: Use strong passwords for your wallets/ accounts
      « Reply #21 on: January 21, 2024, 09:14:50 AM »


       

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