Bitcoin is a decentralized cryptocurrency that is getting increasingly popular all over the world. With its increasing popularity and decentralized nature, it has become the prime target of hackers. So, if you are using bitcoins, you must use a secure bitcoin wallet and choose a strong password for it. Selecting the password is a challenging task as you need to consider several factors. If you are struggling to pick a suitable password for your wallet, you can visit btcrevolution.io and read some of the tips mentioned below.
Length and complexity
There are numerous important factors that you need to consider while choosing a password for your bitcoin wallet, but two of the most crucial factors are complexity and length. If you want to set a secure password, you must make it highly complex and lengthy so that it is difficult for anyone to guess it. If you choose a simple and short password, hackers may be able to crack it. A strong password is considered to be long and complex.
Increasing the length is easy as you can add any word, but if you want to increase the complexity, you can use some numbers, symbols, and different alphabets. But you must ensure that you must choose a complex password that only hackers can't pick, but you can remember easily; otherwise, you may lose access to your wallet.
Don't include personal details
Most of the users over the Internet choose a password with the words related to their personal life such as names, birthdays, pets' names, etc. It seems to be a great idea as you can remember such passwords easily, but it is risky too as hackers also can easily guess it and steal your bitcoins. When you set a password on a bitcoin wallet, it also asks you about few security questions for backup purposes. You must keep the same thing in mind while selecting the backup questions and avoid choosing questions that are simple and can be guessed through the other social media accounts. You should try to keep the password as random as you can so that there is no chance for anyone to guess it.
Avoid using common phrases
Passwords must not include common phrases or words that we use a lot of time in our daily lives. There are different types of hacks used by hackers, and one of them is 'dictionary attacks. They can use this hack to easily find out if you have used any common word or phrase in your password. These hacks are used to enter almost every word found in the dictionary as a password, and if any of them has been used in the password, they will easily get to know about it. Moreover, if you use a simple or common password, it would also be detected by these hacks. So, you must think and choose such a password that would not be identified even by such hacks.
Use combinations of numbers and words
Another excellent tip for choosing a secure password is to use numbers, alphabets, symbols altogether. Simple passwords are easy to guess, but if you choose unique combinations of numbers, letters, symbols such as @, #, $, %, etc., hackers will get confused, and they will never be able to hack your wallet. It is one of the common mistakes made by users while choosing a password; as they try to pick a password they can easily remember, but sometimes it backfires as cybercriminals can easily crack it. It is believed that to choose a tough password, it must have at least 12 characters with different symbols and numbers.
Never use the same password.
If you think that using the same password for all of your accounts on the Internet will offer you excellent accessibility, you are entirely wrong. It is a foolish thing to do as if any hacker is able to crack any one password; he will automatically gain access to all of your accounts. It like giving an invitation to him to steal all your data and funds. So, you must ensure that you choose a unique and different password for each account so that even if one of them gets hacked, the other is secure.
