Hacking is the Big Problem

[Daimon88]

Your money is safe only in your wallet and if you are trader you agree with risk that you might lose your funds. Remember that.

Hacking is actually one of the biggest threat to all those who are there in the world of crypto currency as their money is highly exposed to hackers and there are hackers which are continuously trying their best to grab all your coins. Till the time, you will not be having enough of knowledge about the things and that you will not take care of your coins well, there will always be a risk of losing of money.

[mersal]

Your money is safe only in your wallet and if you are trader you agree with risk that you might lose your funds. Remember that.

Hacking is actually one of the biggest threat to all those who are there in the world of crypto currency as their money is highly exposed to hackers and there are hackers which are continuously trying their best to grab all your coins. Till the time, you will not be having enough of knowledge about the things and that you will not take care of your coins well, there will always be a risk of losing of money.

I don't think so it is a big problem because the hackers can't hack the wallet without the private keys if you have your private key safely then your coins will be safe forever and you never have to store your coins in an exchange wallets where the most of hacking are happening.

[pisston]

Your money is safe only in your wallet and if you are trader you agree with risk that you might lose your funds. Remember that.

Hacking is actually one of the biggest threat to all those who are there in the world of crypto currency as their money is highly exposed to hackers and there are hackers which are continuously trying their best to grab all your coins. Till the time, you will not be having enough of knowledge about the things and that you will not take care of your coins well, there will always be a risk of losing of money.

I don't think so it is a big problem because the hackers can't hack the wallet without the private keys if you have your private key safely then your coins will be safe forever and you never have to store your coins in an exchange wallets where the most of hacking are happening.

Perhaps this is true, but not all wallets have such protection. If you take examples of the block chain info, then there must be a special key for logging into your account, or for example myetherwallet, you need a file key or a secret key to access the wallet. It is difficult to get data here.

[jeepuerit]

Yes, it's hard to just trust, and many site hackers, really need to double check our site, especially when we're here. We will do better than trust what others say, and get our accounts accountable because not just possible of hackers.

[zemb]

I think a hacker can destroy one's wallet. It is not good for us. I hate the hacking system. It is not good way to earn huge amount of money. For me, despite the security and protection, I don't seem to like it. I do prefer offline wallet.

[JCLee]

Our money never safe on any exchange although it's the best crypto exchange in this world. I just read a news topic said that 17m$ worth of ETH just stolen by hacker . I don't really know if it's real or fake news but it's also an alert for people to keep their cryptocurrency safe in their own wallet which they can control their own private key.

[Kevin77]

yes many who feel harmed here because of hacking, and hacking also makes the investors and traders afraid to do big game so they just play with little capital

Traders and investors, who decided not to learn all they need to do to be secured, should have themselves to blame and most especially investors.

Investors only need a cold storage to keep their assets as they have no single business or dealing with trying to store their funds in an exchange or online wallet considering how vulnerable they can be and also, traders should know by now that they should only trade with what they can afford to lose, so they do not get totally burned if any negative situation arises.

[zeaderza]

Your money is safe only in your wallet and if you are trader you agree with risk that you might lose your funds. Remember that.

Hacking is actually one of the biggest threat to all those who are there in the world of crypto currency as their money is highly exposed to hackers and there are hackers which are continuously trying their best to grab all your coins. Till the time, you will not be having enough of knowledge about the things and that you will not take care of your coins well, there will always be a risk of losing of money.

I don't think so it is a big problem because the hackers can't hack the wallet without the private keys if you have your private key safely then your coins will be safe forever and you never have to store your coins in an exchange wallets where the most of hacking are happening.

Hackers can do anything which they want to do. They just need to get some backdoor in your computers using which they can steal all your credentials which may even include the private key of the wallet in which all of your crypto coins are placed.

You need to be very well aware of hackers as they can harm you in no time without even letting you know what they have done. Keep your system up-to-date and do not give them a chance to take away your money.

[yrrehc16]

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

Exchange that hacked are safe for us, they are on the attack with the exchange account and not members property, staying your asset in exchange will give you much problem.
Remember! DO not make your holdings on any exchange for a long time there, use your wallet to hold your tokens.

[beej]

Hacking is a serious problem and threat to everybody in the cryptocurrency community.
The growing number of occurrences and incidents are alarming and taking it's toll on
everyone. With so many ways to lure and steal vital information, it is unpleasantly
damaging. Hacking can fabricate varieties of damages and exploitation to individuals,
groups, organizations and systems of broad spectrum. Hackers are very skilled and
with their arsenal of programs, codes and viruses everybody is at risk. We are all
vulnerable to their exploits, we should always be careful, take precautionary steps
to avoid such incidents and situations.

[muto@]

Well I guess its the fear of been hacked that is why most people refuse to have anything to do with bitcoin or other cryptocurrency. When I told a friend of mine whom i have been trying to convince into investing in cryptocurrency about how people do get hacked if not careful, he ended up telling me he has made his stand not to invest in crypto because it freaks him out. How I wish there will be a solution to this, probably, a lot of people might have invested in cryptocurrency.

Lol..this got me laughing, I guess you are the one that freaked him out, which is why he made his stand never to invest in cryptocurrency. You should have also encourage him by telling him how to pervent himself from getting hacked by putting his coins in a cold secured ledger or cold storaging. There might be a lot of hacking going on but bitcoin investment is worth more.

It is good to guide and lead people towards profit because it is good for our own benefit as well if, we will guide people well about bitcoin they will invest in bitcoin to earn profit, some new users use to make mistakes in bitcoin which make them discouraged and they never try to invest again, hacking is not the big problem now because there are a lot of wallets for bitcoin available in market and people can get one of their choice easily, it will save your bitcoin and will never let other people to hack your bitcoin, blockchain is the all time best wallet for bitcoin according to me to prevent your bitcoin form being hacked.

[South Park]

Well I guess its the fear of been hacked that is why most people refuse to have anything to do with bitcoin or other cryptocurrency. When I told a friend of mine whom i have been trying to convince into investing in cryptocurrency about how people do get hacked if not careful, he ended up telling me he has made his stand not to invest in crypto because it freaks him out. How I wish there will be a solution to this, probably, a lot of people might have invested in cryptocurrency.

If that is the fear, then they are not really ready for the future and they can just best stick to their traditional age and ways of doing things. Not like there is no solution to security but the problem is people always prefer staying in their comfort zone rather than looking for those solutions. What happened to cold and offline storages if they are scared of hackers? I guess they just do not have anything to do and are busy looking for excuses.

You need to understand that people do not like to take responsibility for their own actions that is why something like bitcoin scares them if they lose their coins then big daddy government is not going to cover the losses the same way it will with fiat, this could be one of the reasons the adoption of bitcoin is so slow and I will not be surprised if the problem with hackers gets worse before improving.

[Norwaycross]

Hacking is something I think we neeento sort out asap. Too many newcomers are getting burnt by hackers at the moment pushing them out of crypto currency. Education of security should everywhere

[deevan]

First of all, Exchanges are not safe to store your coins, they are out there only for trading. Why you want to keep your coins on an exchange?? as your private keys are stored by exchange safely but it is still vulnerable, hackers try to find every possibility of a vulnerability in a system and then exploits it.  Always store your coin in your personal wallet for which the private keys are only held by you and you only. Only transfer your token to an exchange when you gonna trade, after trading immediately transfer it to your personal wallet. As recently some exchanges got hacked and you never know when hacking takes place. Don't take a risk for your hard earned coins by storing it on an exchange.

[LolEnergyXglossy5]

Do not trade that money continuously, trade and wait for some time.

[streazight]

Your money is safe only in your wallet and if you are trader you agree with risk that you might lose your funds. Remember that.

Hacking is actually one of the biggest threat to all those who are there in the world of crypto currency as their money is highly exposed to hackers and there are hackers which are continuously trying their best to grab all your coins. Till the time, you will not be having enough of knowledge about the things and that you will not take care of your coins well, there will always be a risk of losing of money.

If I have money and I am not making use of it because of the attack from the hackers, then I think the attackers have successfully done their job by keeping me away from my money.

Too much trading is not the problem but the problem is using the public computers and leaving your information in those computers. If all the bitcoin holders stop using the computers of others, I can guarantee that the hacking will fall down 50 percent, because this one thing is the most dangerous thing over every other thing.

[samcrypto]

Our money never safe on any exchange although it's the best crypto exchange in this world. I just read a news topic said that 17m$ worth of ETH just stolen by hacker . I don't really know if it's real or fake news but it's also an alert for people to keep their cryptocurrency safe in their own wallet which they can control their own private key.

Exchanges for cryptocurency are really vulnerable to all hackers so its not advisable to put your big money on any exchanges. Hackers will always be on our side, so protect all your details to prevent any losses however its still not guaranteed.

[marsmyname]

I think a hacker can destroy one's wallet. It is not good for us. I hate the hacking system. It is not good way to earn huge amount of money. For me, despite the security and protection, I don't seem to like it. I do prefer offline wallet.

Hacking is no doubt one of the biggest threat for all of us and that we all need to make collective efforts in order to stay away from such kind of people. Hackers have lot of information and knowledge using which they can quite comfortably attack and can get all our details. We need to be very well aware of them and we need to keep on checking whether you are safe or not. Stay aware of what all is going on in your surroundings too.

[nniecan001]

Hacking is a big problem not only in crypto community, but also around the world that is connected in internet. Kind of virus, nope, a living virus in the mind of a greedy human being. Don't know why they need to take advantage to others? Do unto others as you would have them do unto you, hope  that they knew all hackers that words.

[naidray]

I do think any system is perfect when hackers keep looking at exploits. To secure yourself should be drained of the wallet after the transaction is the most potential way

Hackers will always want to find a way to screw some platforms up, no doubt and one can never be safe on any of the exchanges, but at least some of them have been able to prove to be strong enough to evade some of this attack in the past and that is where the trust and reputation comes in most times.

Also, every other thing with respect to security also balls down on us because I am sure that once a platform becomes vulnerable, the first few accounts to be targeted are those without additional security features.