How to create a strong password for your crypto wallet 🚀

Welcome to this guide on how to create a strong password for your crypto wallet. This guide is aimed at newbie crypto investors who are starting their journey and want to ensure the safety and security of their crypto assets.

Why is a strong password important? 🔑

The first thing you need to understand is why a strong password is important. A strong password is your first line of defense against potential hackers who may want to steal your crypto assets. The stronger your password, the harder it is for hackers to crack, and the more secure your crypto assets are.

Use a combination of uppercase and lowercase letters, numbers, and symbols 🎲

When creating a password, it is essential to use a combination of uppercase and lowercase letters, numbers, and symbols. This combination makes it harder for hackers to crack your password. Use a combination of random characters, including letters that aren’t related to your name, birthdate, or other personal information.

For Example, “oLkY#9863dE@”.

Avoid using common words and phrases 🙅‍♀️

Using common words or phrases can make your password easier to guess, and the last thing you want is for a hacker to guess your password in one try. Avoid using commonly used passwords that include names, dates, dictionary words, or sequential numbers.

For Example, “password123” is a common hackable password that should be avoided.

Make it Long 📏

The longer your password, the harder it is for hackers to crack. A good rule of thumb is to keep your password at least 12 characters long. However, the longer, the better.

To make it easy to remember, you can use a passphrase. Think of a line from your favorite song or movie and use the first letter of each word to create a unique but memorable password.

For Example, “The quick brown fox jumps over the lazy dog” could become “Tqbfjotld@1”.

Avoid reusing passwords ♻️

Using the same password across multiple accounts is dangerous. If one account gets hacked, all of your other accounts that used the same password are also vulnerable. It is recommended to use a unique password for each account to ensure that if one gets hacked, the others remain secure.

To manage passwords, password managers like LastPass and Bitwarden can be used which not only saves your password but secures them with a master password.

Change your password often 🔁

It is recommended that you change your password frequently to ensure that you remain protected. Changing your password every six months or so is a good practice, especially if there has been a major security breach that has affected many accounts.

Conclusion 🤝

Creating and maintaining a strong password is critical to the security of your crypto assets. Remember to use a combination of uppercase and lowercase letters, numbers, and symbols, avoid using common words and phrases, make your password long, avoid reusing passwords, and change your password often.

Stay safe and secure!