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How to Invest in Bitcoin

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How to Invest in Bitcoin

How to Invest in Bitcoin: keep your software up to date(bitcoin blueprint)

Another way to invest in and protect Bitcoin is to use an up-to-date bitcoin client and wallet software. This regardless of whether you do it through your PC or mobile phone.

With this program, when investing in Bitcoin you will store your private keys and operate with them to make movements. In this case, make sure that everything on your computer or mobile phone is up-to-date and free of malicious programs of any kind.

Do you use a web wallet when investing in Bitcoin?

Your operating system may be infected or out of date, the browser may have a malicious extension that you are not aware of.

Do you use an installable program when you dedicate yourself to how to invest in Bitcoin ?

The wallet

maybe out of date, maybe you downloaded a compromised program or update. Or also, inside your PC or the phone you may have another application that is corrupted or that will be automatically updated in the future and infected to copy your private keys.

How to Invest in Bitcoin: Encrypt Your Private Keys

Currently, any self-respecting wallet program will automatically create your private keys when you decide to answer the challenge of how to invest in Bitcoin.

Not everyone follows good practices in the creation of these private keys when they start on the path of how to invest in Bitcoin, preventing it from being easy to replicate, but the best known do.

What is important to understand is that once created, they are saved on your device in plain text, in some file or internal database. The wallets that you should use when you dedicate yourself to how

to invest in Bitcoin that incorporates good practices to prevent this have the option of encrypting the file where you keep your keys.

The same wallets that you use to invest in Bitcoin usually have a process to encrypt the private key with a password or PIN , that way when making a shipment, it will ask you for it; But if someone steals your private keys, they must know that key.

This means that your private key is modified based on that password or PIN, and is no longer useful as-is. The bad part you should know before investing in Bitcoin is that if someone obtains the encrypted

private keys, they can use brute force for days, months (or as long as it takes) without you noticing

and could end up decrypting them.

In the mobile phone wallets that you can use to invest in Bitcoin, it is even simpler, since a 4-digit

PIN code is deciphered in a matter of minutes, and all this without any kind of notice that your keys have been committed.

However, if your Bitcoin investment wallet allows it, use a complex password to encrypt the keys.

If the wallet for how to invest in Bitcoin or wallet generator that you use gives you only the option of

choosing your private key, it will be time to choose a complex text (difficult to generate by brute force), for example, a text of 200 alphanumeric characters (with rare characters).

Using something like one or more dictionary words or numbers like "123456" is a bad idea before starting the way of investing in Bitcoin. To make your life easier when answering how to invest in

Bitcoin, you can use password managers such as Lastpass or KeePass, which are very safe if used well and help you generate strong passwords and remember them at minimal risk.

If you save the password that encrypts your private key printed on paper in Lastpass, it would be difficult for a criminal to gain access to both, but be careful, if you lose access to Lastpass you will not be able to remember the password. A key factor that you should know before how to invest in Bitcoin.(bitcoin blueprint login)

If you do not trust these applications, you can use standard AES encryption before starting the path

of how to invest in Bitcoin to buy a bitcoin and protect it. To do this, just download OpenSSL (or LibreSSL) and go through the encryption process.

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