NEver keep all your coins on an exchange

[BitcoinPC]

I agree with it, you know when the incident happened about Bitfinex, in that time, i was thinking to convert our coins into exchange and by chance the exchange has been hacked. Than i thank to God, he safe me and also my bitcoins, but my friend, he has near about 30 bitcoins in Bitfinex, he has lost.    

[th3nolo]

of course if you have all your funds in one wallet you can lose it all, don't matter if is a company with a great brand, the online wallets always can be hacked. Just look bitfinex thats a great example why you can't have all your funds in one exchange.

[BeGoods]

Never keep ANY coin on ANY exchange.

Fixed.

Please people, learn to put your coins in your own local wallets where you control the private keys, never have coins in exchanges. How many times this has to be said? I guess some people never learn.

There will always be new BC users who do not understand the nuances of safeguarding your BC. I have secure wallets with 2 FA, but I just got scammed by nitrogensports.eu.  Their admins have access to your wallet and mine just got emptied of 6 BC.  It was clearly an insider as my password is not shared across web sites and is super secure.  When you complain on their chat, they ban you.  The admins do not want anyone warned.

I think one of my suggestion that the first no very safe place to store bitcoin place was always vulnrable for dikes, but theft can be scaled likely with some additional security such as authentication, and other advice is do not use the same password. because it would be too risky, it could be hackers looking for another account and take your money with the same password

[Doamader]

If we dont risk a bit we wont get any new bitcoins, we do need to trade or invest our bitcoins into exchanges and casinos or dice, let them stored makes no sense at all. Sure the bitcoins should be at more then one place but sometimes its better to be at one place.

[BingoDog]

By now we all know that exchangers are not wallets.
So you shouldn't keep there more then you need for trading on that moment because your funds could be at risk.
At least you shouldn't keep them in only one exchanger.

[Xester]

It is not always to put or store coins on any exchanges online.Yet it is still better if you will still store your coins on a wallet that you hold the api and private key so you will feel secured even though  you leave it just right there for a long timem but putting 2FA on accounts on exchanges will help a lot on securing stored coins

[bitbunnny]

Exchangers are very atractive to hackers who attack them more and more often and the funds are at constant risk. They weren't even ment to use them as wallets but some people do. It's not wise to keep large amount of coins there but sometimes we are all lazy and because we don't have enough patience to wait for transaction confirmation when we need funds to trade, we just keep our Bitcoins there.

[delliaerd]

Never keep ANY coin on ANY exchange.

Fixed.

Please people, learn to put your coins in your own local wallets where you control the private keys, never have coins in exchanges. How many times this has to be said? I guess some people never learn.

There will always be new BC users who do not understand the nuances of safeguarding your BC. I have secure wallets with 2 FA, but I just got scammed by nitrogensports.eu.  Their admins have access to your wallet and mine just got emptied of 6 BC.  It was clearly an insider as my password is not shared across web sites and is super secure.  When you complain on their chat, they ban you.  The admins do not want anyone warned.

I think one of my suggestion that the first no very safe place to store bitcoin place was always vulnrable for dikes, but theft can be scaled likely with some additional security such as authentication, and other advice is do not use the same password. because it would be too risky, it could be hackers looking for another account and take your money with the same password

Blockchain is the best. Although disk or paper wallet is in our direct control. also the security is depend on us. No matter how we safe our money in there but I still think that blockchain is the best, blckchain is the most practicaly wallet. It is have mobile  user interface that easy to use. Never safe all of our bitcoin in exchabge becouse it is different with wallet. The exchanger can be close or hacked any time. But if we safe our bitcoin in many wallet it will reduce the risk of hacked. To avoid hacker we need to safe in paper wallet or disc but it is not practicaly to use.

[tabas]

Oh boy! This is what I am doing I am making an exchange site as my personal savings account. Because instead of getting of savings account, that is what I am depending because I believe if I will just going to let my bitcoins stay to my bitcoin wallet provider then I will going to get profit effortless when the price increases.

[marleybobthedog]

I had invested $120 in yobit and bought blry coins so how can i transfer those coin from yobit to my blry wallet is there any official wallets for bitcoin. I understand the risk of stories coins on exchange sites but many of my friends say that it's safe to store coins in exchange sites. I am in a dilemma

[noictib]

I had invested $120 in yobit and bought blry coins so how can i transfer those coin from yobit to my blry wallet is there any official wallets for bitcoin. I understand the risk of stories coins on exchange sites but many of my friends say that it's safe to store coins in exchange sites. I am in a dilemma

ofcourse it is safe to put your money in exchange sites . but if you are going for only particular or single coin than it is not good .
since here at the current time blry is a good condition because its admin is a politician and goin to win his last dibet so no chance to loss more .
and secondly i want tell you that there is no such wallet for blry ( i had not heared about this wallet which for blry , official )

[Zadicar]

I had invested $120 in yobit and bought blry coins so how can i transfer those coin from yobit to my blry wallet is there any official wallets for bitcoin. I understand the risk of stories coins on exchange sites but many of my friends say that it's safe to store coins in exchange sites. I am in a dilemma

If  you have  blry  wallet  you could actually transfer  your  blry from  yobit    to blry wallet  itself     its possible. Same as  others said    here  that   keeping   huge money   on exchanges  would  be  somehow risky     because  of  some  exchages hacks , to be safe better  to store   small  amounts of money.

[Rostadom]

Each exchange website, you get only 1 bitcoin wallet. You should use multiple bitcoin wallets from different websites so that even when you get hacked or if the website gets hacked, not all your funds will vanish. You can't say what would happen after the Bitfinex hack. Maybe the exchange website that you're using is next. You should secure your PC as well so you can make sure that there are no hackers just waiting for you to access your bitcoin wallet.

[ethereumhunter]

I had invested $120 in yobit and bought blry coins so how can i transfer those coin from yobit to my blry wallet is there any official wallets for bitcoin. I understand the risk of stories coins on exchange sites but many of my friends say that it's safe to store coins in exchange sites. I am in a dilemma

better you sell your coins first and after you have bitcoin, then you can send it into another market so you can start to trading with other coins too. maybe you can't make your bitcoin as first in $120 but at least, now you have bitcoin and you can do whatever you want.

[passwordnow]

I don't think that it is not bad if you are going keep all your coins with exchange sites just put it on those trusted sites that has already built for 2-3 years already. And I don't think that they are going to break the trust of their subscribers and as per as the bitfinex scamming incident did happened then for sure that is going to make them more alert.

[wahb]

i think there is  nothing wrong to put coins in an exchange

[diegz]

I don't think that it is not bad if you are going keep all your coins with exchange sites just put it on those trusted sites that has already built for 2-3 years already. And I don't think that they are going to break the trust of their subscribers and as per as the bitfinex scamming incident did happened then for sure that is going to make them more alert.

It's not always the issue when you put your coins in one exchange, there are also incidents where a exchange is down when you need or when the exchange was hacked and all its coins where bagged, whether its true or not, it is still the best to spread your coins in different exchanges just to make sure that when something happens in one atleast you still hold part of your coins in other exchange.

[croutonhexagon]

My friends says that exchange sites are safe and we can store our coin safely in those site. But i had argumented with them that it's not safe to keep coins with exchange sites, they could run away anytime or could delete my account our alter my coins but they said NO it's safe to use exchange sites. I am too in dilemma.

[boybugs18]

I never keep my bitcoins on any exchange as its dangerous and they are prone to hacking because hackers know that exchange site has many reserve coins for paying such services they are using. I'm using some local wallets to avoid hassle and also practicing using offline wallets even if takes me so long.

[xSkylarx]

Same as never keep all of your bitcoin in a single wallet. We can't really say what will happen to them tomorrow so it's better to divide them so it would be that disappointing if something happens in one of that exchanges or wallets.