Enable all security features on your wallet. Once you've chosen a Bitcoin wallet, set it up for maximum security to protect your Bitcoin. Use two-factor authentication to secure your account. When you log in, a code will be sent to you in a text message or email. You have to enter the code to access your account. This makes your account less vulnerable to hacking.[4] Make sure the password you choose is secure and would be difficult for anyone to guess. If you have a password manager on your computer or smartphone, you can use that to create a secure, encrypted password.