What are the recommended password options to replace the weak password 'ilovedogs' when dealing with cryptocurrencies?

Nehemiah SoteloApr 18, 2022 · 3 years ago3 answers

When it comes to dealing with cryptocurrencies, using a strong and secure password is crucial to protect your digital assets. The password 'ilovedogs' is considered weak and easily guessable. What are some recommended password options that can be used instead to ensure the security of your cryptocurrencies?

Cryptocurrencies

Password Security

Digital Assets

3 answers

Apr 18, 2022 · 3 years ago
One recommended password option is to use a combination of uppercase and lowercase letters, numbers, and special characters. For example, a password like 'P@ssw0rd!' would be much stronger and harder to crack than 'ilovedogs'. Make sure to avoid using common words or phrases, as they are easily guessable. Additionally, consider using a password manager to generate and store complex passwords for your cryptocurrency accounts. This way, you don't have to remember them all and can ensure they are strong and unique for each account.
Apr 18, 2022 · 3 years ago
When it comes to passwords, it's important to think beyond just words or phrases that are easy to remember. Instead, opt for a passphrase that combines multiple words and includes special characters. For example, 'CrypT0!sMyP@$$w0rd' is a strong passphrase that can be easily remembered but difficult to crack. Remember to avoid using personal information or easily guessable combinations like '123456' or 'qwerty'.
Apr 18, 2022 · 3 years ago
At BYDFi, we highly recommend using a password that is at least 12 characters long and includes a mix of uppercase and lowercase letters, numbers, and special characters. Avoid using common words or phrases, as they are vulnerable to dictionary attacks. It's also a good practice to enable two-factor authentication (2FA) for an extra layer of security. Remember, the stronger your password, the better protected your cryptocurrencies will be.