The enormous growth of the crypto market makes it necessary to use a good wallet

With analysts who do not stop predicting the new values that Bitcoin will reach in the coming days, it is very natural to see many people buy BTC. Most of the predictions have come true briefly exceeding $ 5000, before declining to stabilize around $ 4000-at the time of writing this note the price is $ 4115 -… Now new predictions have arisen from Wall gurus Street, which indicates that the value of the criptomoneda mother could reach $ 6000 or even exceed this limit in the coming months.

In the first instance, anyone interested in changing their financial scheme to one of the crypto coins will be fixed in the wallet, an aspect that is not simple because the people demand comfort, security, and ease of use across the platforms. The growing value of Bitcoin serves as a great attraction to motivate hackers to theft of crypto-currencies, and this has led companies to turn to the implementation of reliable storage solutions for crypto-assets.

In the past, change platforms have learned about the importance of security in the crudest way, losing millions of dollars in bitcoins and altcoins belonging to their customers. As a result, many exchanges have deployed some of the most powerful security measures in their ecosystems, just as cautious users make the best use of features such as two-factor authentication, fingerprint recognition, or the purchase of a physical portfolio.

There are many guidelines that help people identify the best portfolios of Bitcoin, and it is advisable that people who are hesitant to search and seek all possible help to choose an appropriate option. In this compilation of Bitcoin Price, it is possible to appreciate specific requirements that we must take into account when choosing a portfolio to store our funds. Among other important recommendations, we must not have extra funds to exchange services or exchanges of criptomoneda, since these are usually targets for hacking or fraud. Users should not use these services as purses, but simply as platforms for the purchase and sale of crypto-currencies.

People who start in the world of crypto coins usually prefer the use of portfolios based on web interfaces, however, it is important to take into account the risk of depositing funds in a wallet to which we do not have access to private keys – the combination which unlocks the funds of an address of Bitcoin, Ethereum, or any other criptomoneda. In this sense, the inexperienced user should devote part of his time in investigating whether it is worth using a physical wallet, or one to which these private keys are accessed. And is that, as well says the promoter and lecturer Andreas Antonopoulos, if you do not have your private keys, the coins are not yours.

Eduardo Gómez

Eduardo Gómez is a Venezuelan freelance writer and Information’s Technology Professional. He discovered Bitcoin in 2012 and has been drawn to it ever since. He also works as a Customer Support Agent at the San Francisco-based Bitcoin startup Purse.io

Eduardo Gómez

Eduardo Gómez

Eduardo Gómez is a Venezuelan freelance writer and Information's Technology Professional. He discovered Bitcoin in 2012 and has been drawn to it ever since. He also works as a Customer Support Agent at the San Francisco-based Bitcoin startup Purse.io