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What are the best strategies for creating a secure 12 word password in the cryptocurrency world?

avatarEdward RogerNov 26, 2021 · 3 years ago3 answers

In the cryptocurrency world, it is crucial to have a secure 12 word password to protect your digital assets. What are some of the best strategies to create such a password that is both strong and easy to remember?

What are the best strategies for creating a secure 12 word password in the cryptocurrency world?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    One of the best strategies for creating a secure 12 word password in the cryptocurrency world is to use a combination of random words that are unrelated to each other. This makes it harder for hackers to guess your password. Additionally, you should avoid using common phrases or words that can be easily guessed. Instead, opt for a mix of uncommon words that are memorable to you. For example, you could choose words from your favorite book or movie. Remember to include a mix of uppercase and lowercase letters, numbers, and special characters to further enhance the security of your password.
  • avatarNov 26, 2021 · 3 years ago
    Creating a secure 12 word password in the cryptocurrency world requires a balance between security and memorability. One approach is to use a passphrase that combines random words with personal information that only you know. This way, you can create a password that is unique to you and difficult for others to guess. Additionally, consider using a password manager to securely store and generate complex passwords. This can help you keep track of your passwords without compromising security.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends using a combination of random words and numbers to create a secure 12 word password. This can be achieved by using a password generator tool that creates a unique password for you. It is important to avoid using easily guessable information such as your name, birthdate, or common words. Remember to regularly update your password and enable two-factor authentication for added security.