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Author Topic: Can I lose my coins by choosing wrong wallet?  (Read 3211 times)
iTradeBit
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October 19, 2018, 02:03:22 PM
 #361

Use only reliable wallets!
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wall101
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October 19, 2018, 02:19:49 PM
 #362

Some wallets is also different to other wallet and not all cryptocoins is same their are also different to. If send your ethereum funds to bitcoin thats a big possibility to loss your money.
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October 19, 2018, 02:22:52 PM
 #363

Cryptocurrency is very dangerous. A lot of scammers will try to steal your coins, so you should use only the most reliable wallets. It is best to use a hardware wallet.

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October 19, 2018, 02:25:48 PM
 #364

If you choose the wrong wallet you can lose all the altcoin or token in it, with digital money, you always have to check carefully, all the mistakes are paid by your own money!
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October 19, 2018, 02:26:12 PM
 #365

You can easily lose your money if it is a scam wallet. Remember one thing, install and use only those wallets that have open source code laid out in the public domain, for example on github.

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October 19, 2018, 07:26:05 PM
 #366

I highly recommend not to experiment with wallet services and use only 100% trusted wallets, otherwise you may put your funds at a serious risk.

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October 19, 2018, 07:44:03 PM
 #367

Coins can be lost if you dont choose good wallets. I always recommend wallets with which you have access to your private keys. It is not secure not to just have access to your private keys as the wallet can be hacked or your device can be hacked because of a mistake you make.

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October 19, 2018, 07:56:41 PM
 #368

I think there are still many online wallet-based service providers that have good ratings, then why should you review the wallet provider that has just released, which might be fraud, it's better to use a wallet that is already famous than you lose your money
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October 19, 2018, 08:00:37 PM
 #369

I think the wallet that is now is safe, usually theft of coins in our wallet is our own fault that does not keep privatekey and passwords.
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October 19, 2018, 08:03:57 PM
 #370

I believe that most online wallets for crypto coins unreliable. Since no accurate storage hackers can access your private keys . There are also phishing sites, hitting on that you can lose access to your coins . Therefore, the safest are the cold wallets or hardware wallets, your private key is never displayed.
Xcode7
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October 19, 2018, 08:04:10 PM
 #371

I think the wallet that is now is safe, usually theft of coins in our wallet is our own fault that does not keep privatekey and passwords.
not only how to save the Private key and so on for access. but the method of accuracy also influences when logging in the wallet because most cases are phishing. therefore you must be careful when accessing your wallet

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Classica35
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October 19, 2018, 08:08:32 PM
 #372

Can I lose my coins by choosing wrong wallet or they can never stole any coin because they just provide wallet service only?
I would advise you only use the wallet you are so sure of the security. You should go for a new wallet if you know someone that has been using it and who can be trusted.
Then if there is nothing wrong with your present wallet, why wanting to change to another.
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October 20, 2018, 01:37:27 PM
 #373

Hi everyone, I found a service announcement of new wallet platform few days ago in our forum.
Their introduction and vision stated in the post seems to be great and it also attracts me a lot.
However, I still wonder whether I can trust that new wallet.
Can I lose my coins by choosing wrong wallet or they can never stole any coin because they just provide wallet service only?

Please help me if you have experience in this field. Thank you.
This is the link to the wallet that I mentioned: https://bitcointalk.org/index.php?topic=4582763.msg41338130#msg41338130

Most of wallets that appeared several years ago could be caller reliable enough, but I am not so sure about new ones. However, you can always depend on reviews.
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October 20, 2018, 01:46:23 PM
 #374

You have to be very careful with these subjects. I think the existing wallets are very safe.
If you are looking for a new wallet, be very careful against fraud.


There might be new and good looking wallets out there, but you should take in account that there are many wallets that are commonly used for scamming people. Yes you can lose your coins by choosing the wrong wallets. Be cautious

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October 20, 2018, 01:47:10 PM
 #375

Hi everyone, I found a service announcement of new wallet platform few days ago in our forum.
Their introduction and vision stated in the post seems to be great and it also attracts me a lot.
However, I still wonder whether I can trust that new wallet.
Can I lose my coins by choosing wrong wallet or they can never stole any coin because they just provide wallet service only?

Please help me if you have experience in this field. Thank you.
This is the link to the wallet that I mentioned: https://bitcointalk.org/index.php?topic=4582763.msg41338130#msg41338130

The answer is absolutely yes, be careful with the new wallets out there, trying to make you believe, some of them are created in order to steal money from the users, i think MEW is my only choice, been using this for many times, and i never encounter problems. Looking for new wallet might not be a good idea at some point.

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October 20, 2018, 01:52:41 PM
 #376

Absolutely, you can lose everything that you have today, this is a standard situation, especially if today you don’t understand how the structure works correctly, because you are just starting your way into this world.
maligu
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October 20, 2018, 01:57:11 PM
 #377

I don't know if this wallet is safe, because I haven't used it yet. If I understand computer programming, I can refer to their code, but unfortunately I don't know how to program. Or you can find someone who uses this wallet to give you some feedback, but I am curious why you don't use those already famous wallets? This is a relatively safe choice.

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October 20, 2018, 02:06:09 PM
 #378

You might lose all the coins you've got while using a wrong wallet!. I think previously existing wallets are still safer and more better than the new ones.
So one needs to be extremely careful while choosing a wallet.

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October 20, 2018, 02:09:10 PM
 #379

Yes of course. If the owner of the wallet will not return your coins due to incorrectness of the address, then say goodbye to your coins. It is a must to be keen in everything you do.
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October 20, 2018, 02:45:31 PM
 #380

Hi everyone, I found a service announcement of new wallet platform few days ago in our forum.
Their introduction and vision stated in the post seems to be great and it also attracts me a lot.
However, I still wonder whether I can trust that new wallet.
Can I lose my coins by choosing wrong wallet or they can never stole any coin because they just provide wallet service only?

Please help me if you have experience in this field. Thank you.
This is the link to the wallet that I mentioned: https://bitcointalk.org/index.php?topic=4582763.msg41338130#msg41338130

Since people are able to steal 65 million worth tokens from the exchange, nobody could be sure about reliability, but there are several good solutions, which would handle with security issues.
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