Bitcoin Forum

Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

Do you think on bull run the tokens that are not listed anywhere have any chance to get listed and get a good profit from?

Its not actually about the unlisted tokens, its more about the exchanges that often subtle prepare for exits any bull season.

They can also halt withdrawals during the bull run because everyone will be rushing to withdraw their funds. So, before going to that scenario, make sure that your funds deposited there are affordable to lose.
But, the reputable ones? I don't think that they will act like that in this scenario. They will be good because of the fees that they will cater from their users.

You have a point that is very good and an advise because even when the exchange don't have intention to scam, market pressure like bull run that is continuous can make an exchange collapse. So I think reputable exchange with enough security is better to invest with.

It is a different case, "listing on an exchange or not" should depend on the team of the project. That's why don't expect too much on new coins because they still have no clear future. Moreover, if you hold shit-coins, bullrun never affects anything on that garbage coins. Shit-coins is shit-coins, they just pollute our wallets.

Thanks for the advice, its still not 100% certain that there will be a new ATH this year because I think this present market movement is based on Hype, I guess its bitcoin halving hype, nothing more so the question is, after bitcoin halving is over in may will the market still remain bullish? cos one thing is certain, the hype will be over by then

That's for the team to decide, some projects are waiting for the market to change before listing which is a stupid hope to me because no one can predict when or how the future is going to turn out to be, such projects have weak teams, good teams should be prepared for both

Well risks are always there whether it is bull trend or bears dominating, keeping your assets on a third party platform always involve risk but we have no option i guess and we have to trust otherwise we cannot be in this business, it is just that we should choose good reputed platforms preferably registered with the authorities in the country of operations.

Basically, I agree with you that exchanges don’t usually have intentions to scam.
But if we experience exits from exchanges as reputable as cryptopia then there’s a need to be careful


Ofcourse exchange’s such as binance kucoin bittrex and some other few provides us security
But there are several exchange’s around the crypto sphere

Nonetheless I think it’s a good reminder

Actually this is depend on the exchange capability to have security tighten. Bull run is a day of celebration or most are doing cashing out, and exchanges shouldnt stop them from doing so. Keeping the asset safe is always a priority for everyone and must be do all the times. Either its on the exchange or in your wallet always be vigilant aa scammers will definitely use this time to have some free cash out of your stupidity. This is probably the time most ICOs will be sophisoticated also since the market is drawing closer to bull run.

I always remember that after crypto goes to the moon, a lot of FUD are created and lots of exchanges are hacked. Such cases always occur after the bull run ends and it has an impact on falling markets.

I think everyone has understood that it is not recommended to store assets in exchange and there is no reason for that, because the exchange is a place to trade, not to store assets.

no way ,unless the developer push it to list in exchange and release more money for advertising that can help the coins to be known and increase.
The possible things to happen if the bull market be start  , all shit tokens and coins will be dead. Only those who have more communty who can follow the thrend of bull market.

i totally agree with you OP, at this times, we have to be really careful! When it comes to storing our crypto in exchanges. Just to share my experience I did hold my tokens IDAX for almost a year and suddenly, and I think all of you know what happened, they exited. So, lesson learned better to hold a wallet where you control everything

It is better to hold all of your coins as of now because halving is coming. Bitcoin price will continuously gonna rise up due to the demand of the consumer because of the said event. Halving will make the supply of bitcoin into half that will probably lead to bull run of it and other coins since they are dependent to the price of bitcoin.

we are not in the bull run yet it can be a bull trap as well because whales are more rational than ever. and abuot keeping assets on exchange i will say there is need to do so as we need to buy and sell the token for the trading purpose but i can agree that we should never keep all of our assets on the same exchange. i have lost 4 ETH in the cryptopia now i kept all of crypto in wallets

I agree. The safest way to store your crypto assets is still your wallet where you can keep your private keys or seeds. These coming days are interesting to the industry and I bet many hackers will be busy trying to hack exchanges as there are lots of stored cryptos in them. Better secure your assets to avoid losing them.

yes, it can also be a safe way so that our assets are not stolen. always sending assets from the exchanger to the wallet is a safe way to save our assets to avoid losing. but with a note when we have made a profit.

Oh, so sorry about the idax incidence, I also had this token with them, xcrypt tokens,  all lost equally.
Thats why am worried about the new bull run expected due to the halving.

I dont reccomend to store you crypto even on the most trustworthy exchange. They can block it without any reason

Disappearing while bullrun is coming wouldn't be profitable for that exchange, it will only sound stupid of them to do that. The exchange would rather be doing it when the bears took over the market already but who knows they might just be quitting.

I feel we have more hack in the bear than in the bull, the big exchanges are far stronger than the average exchanges,with well secure wallet and big money backup. Location of exchanges also matter with different regulation from these locations, USA exchanges take more responsibility for security and are open to good human resource. Holder security will be from hardware and close allies that have access to their device, also phishing could be common in recent day.

Actually if they want to run away our assets, then there is no need to wait for the Bearish or Bullish situation, they will immediately give the reason that their Exchange was hacked. I agree with the OP that after the trade, don't store assets in the Exchange, but it's better to store them in a hardware wallet like Ledger or Trezor.

it will be safer. but sometimes I prefer saving money in exchange for my daily trading. not all of my money, but only the assets that I use as trading capital. when it's finished and I want to switch exchanges I will withdraw it. I make such a turnaround and rarely trade in exchange for the same assets and for a long time.

Yes 2020 has shown signs that bull run is somewhere around so this is a good idea to keep things ready before time instead of rushing in panic and that could be the reason of errors and in digital currency errors are very costly. Moreover that hacking attempts also increase during bull run so stay safe.

From the beginning of this year we heard the same thing that the bull run will start, according to crypto analyst and experts the expectation of bull run will come true this year and current fluctuation in prices is the sign that the market is going toward a positive trend and hopefully break all the records

Yes, recently the price of bitcoin and other top altcoins has begun to improve, price spikes have begun to be seen in the CMC market. but whether this is called approaching the BULL market or maybe just a market correction, I don't know the certainty. it's important for anyone including you not to panic, always monitor your assets, and sell when opportunities arise or when your coins surge at high prices.

Thanks for this reminder, as the bull run get momentum more scammers are going to be attracted to te space and some people are going to be scammed, by exchange, wallet phishing and other HYIPs program. Just know that what you have in your wallet is what is truely yours, those on exchanges or in a program or even ICOs are not yours

If you so not participate in any fraud behavior and the exchange does not exitscam
I don't think any exchange can block you without reason

Hopefully this year 2020 is a bright year for the crypto world, I am optimistic to see the current price movements also moving up. All are waiting for Halving bitcoin which will happen this year.
It is not wrong to store tokens or coins on an exchange if the exchange is a large and trusted exchange

Always withdraw your profit and not save all of your funds into exchange i think this is common advices from people that they try to warn people from scam exchange but for temporary putting all of your money to the exchanges also fine but only choose trustable exchange which have good reputation and lately not difficult to find it because some of good exchange are trustable and never attempts to stole people funds unless someday the hackers can hacks them

Well its not advisable to store your coins in exchanges if you're not going to trade it even how reputable the exchange is.

There's always possibility of hacking that might put our assets at risk hence better safe than sorry.

Now that it seems bull run is starting we have to be cautious and make sure to keep our assets secured in a wallet wherein we hold our private keys.

Thats a precaution for everyone. Almost all cases of scam or breached accounts has been filed and happened mostly on some exchange market. People should be reminded how dangerous to store funds in a 3rd party firm or app that has control over your asset. Yeah maybe exclusioms of those huge projects but it is noted in thr past how vulnerable and many cases happened about scam and breached became a trend. Even the number 1 Binancr got compromise losing lots of funds of the users.

I agree with your points. It is normal to think like that because I heard many exchanges are running under huge loss, so, if the crypto price keeps mooning then they may leave the community and scam anytime by recovering the loss! Therefore hackers are being active again as everyone's portfolio is jumping up! So, this is the right time to buy a hardware wallet first who still haven't bought it. 

That's right, I also store a lot of valuable tokens in a trusted exchange, and occasionally I also use these tokens as capital for daily trading, because now many tokens that are already popular are starting to rise in price slowly.

at this time, I am really making savings on my assets. Well, if I don't really need money, I won't make any withdrawals. however, the current conditions are really important to hold the assets that we have. I am pretty sure that the bull run will arrive when the price of bitcoin is above $ 13000. after that, the price of altcoin will increase rapidly. I'm pretty sure the development will really become bigger.

Yes, and not only is the Bitebtc exchange deceiving traders by not allowing them to withdraw, there is one more exchange that has made the same thing as Bitebtc, the Bcnex exchange, where all the withdrawal buttons are deactivated, and only four withdrawal buttons are activated However, withdrawals made by exchange users are always rejected.

I have never kept a crypto asset in exchange since I knew crypto until now, because I have heard "not your key not your funds" and it is very risky to keep it there. Almost everyone recommends that tetep safe when storing crypto so as not to be exposed to scams or phishing.

the step you choose is indeed very smart because when storing assets in an exchange place will have a very high risk, when the exchange place collapses it will make many people lose even many cases where the exchange closes and all of its assets are trapped in the exchange place and cannot withdrawal is carried out.

so than you hit cases like that you better secure your assets in a special cryptocurrency wallet that is used to store assets in the form of cryptocurrency.

As long as wr use the trusted exchange we will be fine if we are intend to hold our money on cryptocurrencies like in stable coin. Maybe you should be careful with new exchanges here who offer you a low fee to trade. Don't make any decision to try because you will be regreted at the end. This is not time for you to try, but if you force yourself to try the exchange then you have to read some review against the exchange. Google search can help it or you just write some thread if you doubt against the exchange on this forum there will be some users who have known it.

in my opinion the bull run will begin in phase 4 in 2020, because I still see some prices going up and down again. but the decline is not too significant, bull run will still occur only not at the beginning of this year. just a little reminder for traders not to be too ambitious when seeing rising prices, because maybe that can change in a matter of hours.

The exchanges that have the intention to exit are already planning towards that. they device every means possible to attract new users. The problem now is, you cannot tell exactly when they will exit. So the advice is that you should trade with only what you can afford to lose. This is why your choice of exchange, particularly, the one you trade on is very important. Laos, if you make profit, always withdraw it and continue with the rest.

Always should trading in a big exchange and don't risk deposit funds in unknown or new transactions, as you can see BCNEX exchange is exit scam and also some other exchanges like IDAX, I think after the bull run if you got profit should be safe in a hardware wallet.

People who want to get rich quick will get scammed no matter when the time is, it could be bear times or stagnant times even the most boring times and they would still get scammed without waiting for the bull.

The difference on bull run is the fact that there are more people who end up trying to scam others when they see price going up, they see people who make profits and like it and they offer them even bigger profits which people buy into since they already made profits so why wouldn't they make even more.

Lol. No need to mention exchanges. Actually, this is a good point you have made. I have had some close people experience something of such in the past. It wasn’t funny. It is the best one goes for exchanges with a good reputation.

From Binance exchange you don't need to withdraw your coin after trading or buying any coin. Some exchange like Bithumb, bitrrex and Binance doesn't disappear even after huge pump. This could make a bullrun of all altcoins, my one favorite coin wepower did a good surge in few times. During halving of top coin, some altcoins could get huge surge.

It is because a large exchange must have used a hard wallet and they also guarantee lost funds, as in recent cases in large exchanges they immediately replace lost funds

Hello everyone. Blockchain solutions are developing more and more and getting to some industries that used to work without it. I am pretty impressed with the value that certain worthwhile blockchain solutions are bringing to the table. Of course, analysis is required here to evaluate every particular solution

Morning. Oh yes, this is true. From my point of view, strategy that helps - getting deeper into the niche you are pretty experienced in. Because it makes it easier to analyze the found solution and understand its real value

Very true. For example, I am big fan of attending different sport and music events. And the ticketing industry is rather traditional with many frauds on the market etc. So I tried to find new, innovative and unique solution on the market

Hmm, interesting. Cause yeah, the industry is traditional. And have you found any truly advanced one? Can you share? Very curious to know

The most advanced discovery is GET protocol. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. Also interested in your opinion. Of course, I also recommend you to have a closer look at their website to have a deeper understanding of unique features guys are coming with

Sounds very attractive from your words, thanks for the recommendation. Let me have a closer look and share my thoughts

Even without the bull-run incoming, you must never store your assets in an exchange since you have no custody of your private key. There had been a lot of attacks in exchange and some even lost millions of dollars worth of crypto in an exchange. It is best to secure your assets, than be sorry in case your token gets lost.

Why still put your assets in less known exchanges where any time the bull run kicks in may end up exiting with all assets in it. Keep your assets to where you know it is secured and making a good profits such as binance, okex. They are also running some ways of additional income by staking and etc.

What I would say here - nothing depends on one components only. What basically makes sense - complex approach towards token and solution analysis. And I am sure that only such strategy leads to right decisions, while choosing the token

Hello there. You know, I would definitely agree with you on your statement. What is important as well - the practical value. Kinda you must be having understanding of why you are using the platform, how it simplifies your life and else

Sounds rational. I am adding innovations, roadmap, team experience and milestones - formula for a great platform. By the way, are you having any that fully meet your requirements? Many such?

Oh, good question. Nope, I cannot say that there are many - only 2 or 3 most interesting ones. But to be honest, the most advanced solution (and my latest discovery at the same time) is ThreeFold Network. What I am really impressed with here - entirely new and innovative approach. Basically, ThreeFold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. The mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price. But of course, much more rational is to have a look at their website to get a deeper understanding of the solution

More than impressing, thank you for your recommendation here. I will have a closer look at what solution stays for and get back with own thoughts afterwards. So far indeed sounds good

What I would also mention - the industry is growing pretty fast and ThreeFold is coming with something unique for sure. I haven't found anything similar on the market with such wide range of features

Wow, didn't know that, but makes everything even bolder. Thanks again, will have a look and share my thoughts

Yep, have a look! And share your thoughts afterwards, curious to know your opinion!

It doesn't need ath for smaller exchanges to exit scam, a little bullish pump is all they need if they are in financial trouble. And by smaller exchanges i really mean some top exchanges as well on the coinmarketcap, because of the faked volume they really are not that big.

You are right mate and actually it does not have to be necessarily because of the bull run that you are going to take efforts in keeping your cryptocurrencies safe. This should be a habit and the best of wallets to use is the hardware wallets but if you don't have funds to purchase them then you can go for either Trust Wallet or IM Token wallet. These mobile wallets are equally good and safe to use.

I'm guilty of this, it's that convenience factor. At least I have my main coins spread across different exchanges. But with the lack of time it's hard to spend a whole day getting 12+ wallets to keep in your computer.

I highly doubt that the good reputable exchange will just disappear like that I mean there are exchanges that are just no going to do that and many people know them I will just say if you find the exchange suspicious then you are good to withdraw if not the keep your money

Lol,

You realize you're asking bounty hunters to keep their assets safe, when the vast majority of their assets will never be tradeable.

The vast majority of bounty tokens are competely worthless these days, and many can't even be properly secured because they're not compatible with hardware wallets.

Here's some better advice: dump all your bounty tokens at the first instance you get, and invest in something more proven.

I agree. Right of this moment in time that we have already saw the positive improvement on the prices of different cryptocurrencies existing in the virtual market that have started upon entrance of year 2020, it is really in need that we must always keep our assets in tacked and always assure that the wallets we use (either hardware wallet or online wallet) that our assets are completely secure so that when the moment of the bullrun comes again into the cryptocurrency market, we will be benefited for the reason that despite of all the circumstances that the crypto world have encountered, you have made it right to this moment of keeping it on your side. Whether bull run is near or far, we must always keep our assets safe all the time.

true due to the many types of crypto that now require a lot of exchanges to adapt it, so all major exchanges don't support newly released coins, and they choose to mix their coins on new exchanges, where the costs are lower.
apart from that, you can immediately secure your assets on large exchanges such as binance, huobi, okex, or you can store them in your personal wallet.

In previous years some exchange already shut down because of bankruptcy or exit scam, After they raised a decent amount on IEO they run with investor's money. So we need to be concerned about what exchanges we are trading on they can run anytime with our money only trust reputable exchanges like Binance. I trust them personally because they have insurance in case of hacking. But to be safe withdraw your coins into your wallet if you are planning to HODL.

the fact is that we can never know what can happen to the exchange. people don’t hold their money on exchanges because they have seen many times how exchanges closed for very different reasons and people lost their money. read about closing BTCE exchange. a lot of people lost their money there and this exchange also did not plan to close

Yes it is.
Evidence is the btc price reaching $10k and eth reaching $224. Also is thr Waziri giving airdroppers quick money

There also are some more exchanges which were shut down due to some technical issues. Also we can see that some of the major exchanges are also being hacked which is also a reason why most of the people are losing their money onto those exchanges. That is why using exchanges for trading purpose only is been suggested and each of us should always use a secure wallet in order to store funds for longer intervals.

We should not always trust the exchange with our coins because anything can happen to the exchange. Even a legal circulation from the centralized government can make the exchange seize down which too would make a number of people lose their funds.

Don't lose guard in any exchanges because there is really a chance that the exchanges in some trading platform disappeared in which it always happen so much in different exchangers in which it will suddenly go down the server and you will not be able to withdraw your money or earnings. It would be good if you will be able to just careful everytime because we don't know what would be happen on the few more days. It is more better if we will be careful and secured every time we are trading in some trading platforms.

There are so many exchanges that really support new coins and doesn't support new coins because some exchanges doesn't have any trust to those new coins because they are suddenly doesn't have any value so that they are not supporting it but the thing is when you are holding some coins that has a high value and high liquidity you can really use top exchanges just like binance, okex and etc. for more secured assets and thank you for reminding as those secured exchanges for us to be mare careful on picking up a personal wallet that we can use.

NO, you are right you really hit it,  some new exchanges are just waiting to cash out in this coming bull market, so people should only trade in a well-established exchange when it comes to a big amount and do not just trust new exchange with a big amount check the reviews and test with a small amount, it's better to be careful than sorry, you never know.

I have been looking forward to this year and even there is already a big improvement in the price of bitcoin is still we don't if there will be a bull run or not. All my assets are ready for the bull run and until now, I keep on buying valuable cryptocurrency especially Bitcoin. I have been diversified my investment in top-performing cryptocurrencies. But, even the bull run will start right away I still not instantly sell my investment because I will wait for again for a longer time so I can able to make double my profit.


If you will only have a problem with the exchange if you going to use unknown and scam exchanges and always use the reputable exchanges that can help you to secure your assets. I agree with you OP, we should always withdraw our assets and storing it in an exchange is not a good idea because it can be hack by some hackers. Always secure your exchange account and don't let anyone see your password.

The thing that is even worse is that some exchange would freeze your funds instead that you can't even pull the minimum of it. Finding a lot of exchange would build a flexible trader especially if leverage trading is being done, but consider the fact that some exchange around the corners of the internet are just waiting for people to be preyed. Sometimes I ask myself, why do people still tread to far if we already got reputated exchange like Binance, Bittrex, etc.
There would be coins that are exclusive to an exchange, because it is an exchange coin but people should be aware that if it is an exclusive shitcoin in an exchange then probably it is a shit-exchange also.

Not only assets, you should keep yourself safe as the new bill season is coming. There will be numerous projects springing up from the blues, different giveaways who h has fishing links, various pumps here and there daily. Please be advice have a plan for your assets and yourself this season.

There really are a number of exchanges which might even be difficult to count. We should never trust each and every such exchange. Usually we could trust some centralized exchanges  because they do have high liquidity, higher volume, tight security, etc so those exchanges might serve us with benefits in bullish trend but some of the decentralized exchanges might just disappear as they might not leave any trace to track them down. That's why choosing a exchange is always a important task before we could start trading onto that exchange.

Bull runs would begin in few months and that would be the time when most of the coins including some newly launched tokens too would have a massive pump.

https://cointelegraph.com/news/chinese-exchange-fcoin-closes-down-still-owes-users-125-million (https://cointelegraph.com/news/chinese-exchange-fcoin-closes-down-still-owes-users-125-million)

Just few days when I mentioned the need to be careful with assets on exchange and now this news.
I urge everyone to remember the safest place is the private wallet.

I am finding more news about fcoin, you can let's know if you have further information

Yes, i think you're right. i think it's safer to keep our assets in our own wallets rather than always on an exchange platform. In addition, we should investigate the exchange platforms before taking any action and use only reliable exchange platforms.

yes, it is important to always monitor the cryptoqurrency assets that you have now. I mean, so as not to miss the opportunity to sell coins that you hold when the price is high. for me, 2020 is a good year for the crypto market because the price of bitcoin has passed $ 10k and the other top cryptoqurrency is also experiencing good price growth.

I agree and dont be greedy if you see a growth in your assets already. Sometimes we are expecting for more price increase and tend to ignore the current price growth only to realize the market is declining unexpectedly. Always monitor your assets to not miss the right timing to sell, but dont keep your assets on exchanges.

Exchange exiting is becoming a norm and nothing happens, we just move on.

Perhaps everyone can learn and trust the top based platforms. But store your portfolio wealth always on your paper or trezor wallet

Even those reputable exchanges they say are safe for your assets, but don't just be too confident. Anything can happen with it so never trust exchanges as much as possible. They can disappear easily together with your assets especially that bull run is near, we are more prone to scams. It would be more safe if we can remove our assets in an exchange after we are done trading.

Perhaps we are in an era, where exchanges will jeep shutting down after inability to maintain their exchange and survive the crypto space.

Source: https://twitter.com/TradeSatoshi/status/1230509341142220800 (https://twitter.com/TradeSatoshi/status/1230509341142220800)

https://i.postimg.cc/5jm6tXSD/Screenshot-75.png (https://postimg.cc/5jm6tXSD)

Trade satoshi is also closing down, so if you have an account with them, be sure to withdraw your assets before the deadline.

It is time to be on the look out for information, so you do not get left behind.

Though it's really unpredictable and none of us know when will the bull run approaches, I still have my hopes for it. I'm patiently holding my altcoins and trying to accumulate more as a preparation for the bull run. It's better to be ready so we'll be rewarded in time.

Not your keys, not your money. Keep this in mind, guys!

It's not doubt that scammers are still around trying to take advantage of this year 2020, the most annoying part are scammers who aren't scared of the public eye, they are so bold enough to appear on YouTube videos because they have a getaway scheme planned already, be careful

Yes, the scammers will always try to find out the new way to tricks people and get their money. We need to be careful, especially if that is related to our money because we need to take responsibility for our money. Maybe we are hard to find which exchange or project that will scam us but if we can be careful, the chance to get scam will be reduced.

That is why we always need to consider the exchange that we are going to use when we are to trade some of our funds but to consider, we are in an altcoin section and most of the cryptocurrency we could get are results of ICO's, the limitation of having these crypto to be listed is too high, that is why we don't really have an option but to trade with exchanges that list the cryptocurrency that we have.

In terms of bull, I don't think there is enough reason to conclude about it, thus we should always be cautious when trading even without the event of a bull.

Since from the beginning I entered crypto space, and started opening accounts on different exchange, my coins are all still in there, and nevere had been decreased, so I am perfectly comfortable leaving them. They would surely send me an email if theres a problem, also I have out security measures, 2fa and just to be sure my coins are all safe from being hacked. Never had the experienced on being snatched by some weird exchange.

You are just lucky but not entirely safe.

2FA doesn't save you if exchange's got hacked.It only saves while others try to bruteforce your password or something like that.

2fa or any security is not the issue here,

OP is pointing about some exchange who suddenly disappear or shuts down their exchange in approach to bull run.

The issue raising by OP is not about hacking or scamming, but the security of our funds when we  store it on exchanges.

We can see that the market as of now is recovering by looking at every price of cryptocurrency just like bitcoin, we can actually see that the price is recovering and rising as of now, we are all hoping for it to continue for us to experience bull run so that we can sell every token we are holding at a good price. Based on my own observation, as the bitcoin price rises up, it will affect any other altcoin to rise up in terms of price too, that is why I can say that bull run can happen anytime.

This is what you should do to protect your wallet from danger and to prevent the worst to happen. You should secure your wallet by using that 2-factor authentication. Because through that, it can really secure your wallet from hackers. As of now, there are lots of hackers are everywhere trying to scam people especially to those not really informed in everything that is happening here, so I recommend to the new investors or the people who really want to start being involved with cryptocurrency, they better learn important things first.

See,which post I quoted for this reply.If not read it again. :)

The user who I replied thinking that he can save his asset even if the exchange got hacked if he has 2FA security activated but its not going to save your assets,it only saves you account.

At the moment, it is very important to be patient and wait for a good price. Thus, crypto assets are a very profitable investment. And in the near future, crypto assets will become the most profitable investments.

Too difficult sometimes to hold each coin in its native wallet - there are too many of them :)
And also there are some situations when pumps are made on exchanges when deposit function is off for this coin.

Honestly I have been patiently expecting another bull run in the crypto market, because the experience of 2017 bull run is still fresh in my memory.  Although this is what most people have been expecting too. There have been diverse reports from crypto market analysts about this. However, I don't see this bull run coming soon at all. I am not a pessimist though, just saying my observation.  Notwithstanding, I still have some pretty good assets I'm holding should bull run come any time.

You definitely have a point there because, bullrun can make any of these scam exchange can disappear without any form of notification to her users. I think many scenarios have been seen during some last bull run when some exchange collapsed and then disappeared into the radar till death why some of these exchanges CEOs fake death. Personally, am not going to use those shitting exchange when we're into the bull run proper.

I agree with you because it is true Not your key, Not your coins .
And it is true not all of the exchange is safe, But I think most of the big exchange could be trusted like Binance.
But it is always better to be safe than sorry don't let the fee hold you off because you could lose more if something wrong happens to the exchange platform.

Indeed, because during the bull run many scammers would appear to gets our assets that we trade on trading platform. Many exchanges looks and they say that they are good but not, before we did an exchange it is necessary to checked for the information on the platform that we want to exchange. Checked for they security if it has a lot of verification such as captcha and email verification that has a code that opens in email there before we access an exchange platform. Use only all reliable platforms for easy and safety transaction.

Hey! You know, I would definitely agree with you on your statement. What is important as well - the practical value. Kinda you must be having understanding of why you are using the platform, how it simplifies your life and else. Are you aware of any truly advanced solutions today? Cause I wouldn't say that I have many advanced ones in mind and definitely interested to hear yours, if you have

Those days will remain in our memories forever, that's really unforgottable. We cannot expect bullrun right now as market looks volatile, and yes holding assets right now is really a great thought. Someday the market will go high at that time it will be like a dream come true for every holders who are waiting from a long time.

This is a dangerous way to store cryptocurrency assets. It is better to store cryptocurrency on hardware wallets. It is convenient and has a high level of reliability.

I think the best strategy right now is to accumulate more and more quality coins atleast btc and eth whenever you can and do nothing else and in an year or two these savings and investments will reap you huge profit and hopefully life changing money to all of us but we need to be clear and should follow this simple strategy. Secondly we whould not try to do anything different or extra ordinary out of greed and im sure we will be safe.

I do not agree that it is right to be patient with your assets, your investments. Instead you need to be proactive about it.
Now is the time to avoid any form of phish links, and also, do not use phone number as 2fa, instead use a google authenticator and keep your device safe  at all times


True, but remember, not all crypto assets, Just few of them will make that cut.
DYOR and make it count.

Quite right, this 2020 has so far shown a good trend in the growth of all cryptocurrencies and we hope that this year altcoins and bitcoin will reach new heights and of course you should not store your cryptocurrencies on exchanges because various exchanges are constantly attacked by hackers.

People have always considered the exchanges as a good alternatives to store coins as it has various wallets cutting across loads of blockchains since it is its functions. Unconsciously, people use them to not just trade but to store asset. I was a victim, so,i understand better as i have first hand experience. An exchand platform is bascically for business transaction and not a store of funds or value. I think if this messgae is communicated, it will change the perception of people.

I also feel the good vibes of crypto in entering the year 2020. I think everyone hopes for the betterment of this year's crypto. And yes, we should keep our assets and accounts to be fully secured from hackers and fraudulent people.

not only during the bull market, we must be very careful, but also in the bear market there are a lot of scammers. The scam market is always alive. during a bull run, it is more active because the opportunity to earn money is higher and the number of uneducated people in this market also becomes higher

We've been hoping for a  bull run since 2018 bit due to uncertainty of the market,  no one has been able to fully predict the market. However,  i really hope the lots of potentials displayed so far will bring about a swift and stable market surge to the entire market.

You dropped a good hint about not leaving assets in exchanges, the hacks happening regularly to the major exchanges validates the facts that exchanges do have a loopholes that hackers/scammers will always prey on

This risk can be reduced by choosing a potential global exchange. Potential global exchange will at least not just disappear, they will surely maintain their reputation well, and provide the best service for its users. Do not put your valuable assets by trading on small and dubious exchanges, unless there are urgent conditions where you have to use the shitexchange, for example, to sell tokens from bounties, you should immediately move if you already sell them.

You are right, understanding the high-risk cryptocurrency ecosystem will make us more selective and careful in choosing the exchange and wallet to use. However, storing large assets in a wallet exchange is very risky.

Safety is the most important factor in the Cryptocurrency world. If you don't store your coins safe, everything is lost. You should always pay attention to your passwords, 2FA and other security measures to protect your accounts.

I know it is always safe to protect your exchange accounts with sophisticated password and google authentication, But when it comes to keeping your assets safe, it deals with storing your huge or large funds in your personal wallet, could be a paper wallet or cold storage.

Because 2FA or GA only prevents your exchange accounts from hack.

Any  successful hack on any exchange or exit scam from any exchange means that the exchange and your funds and your 2fa or google authentication is gone.