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Author Topic: Can I lose my coins by choosing wrong wallet?  (Read 3241 times)
Ayobami99
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October 20, 2018, 03:00:08 PM
 #381

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
Yes,  so far your private keys are in your possession, you are safe but if not then you are on your own. Don't mistake it,  your private key is different from password or 2fa

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October 21, 2018, 03:49:03 PM
 #382

You will be very careful about choosing the wallet. If you choose wrong wallet.You can lose your coins because now the hackers can steal the coins from the wallet and empty your wallet.So, It is not good for us.
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October 21, 2018, 03:59:27 PM
 #383

Yes definitely because some wallet are scam or phising but you can trust so many wallet this day just double check it before using it. One of the dangerous wallet now is the Mew because someone copying this site and create it for phising so that it's better to check if you using the real mew wallet in you browser.
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October 21, 2018, 04:02:16 PM
 #384

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 best is to use very well known wallet, mistakes are always behind the corner. Good luck!
GodsChosenVessel
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October 21, 2018, 04:03:03 PM
 #385

There is high tendency of losing all your coins while using a wrong wallet! There are so many wallets out there that are available for keeping your altcoins so it's just for you to choose the best one out of all.

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mel1978
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October 21, 2018, 04:04:27 PM
 #386

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.
For me pls be careful in chosing for wallet for coins. Try to ask for a friends idea before using any wallets. There the same name in the website of wallets but that is phising site so beware of it.
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October 21, 2018, 05:36:24 PM
 #387

There is high tendency of losing all your coins while using a wrong wallet! There are so many wallets out there that are available for keeping your altcoins so it's just for you to choose the best one out of all.
The wallet is very important when choosing to have coins. Find if the wallet is made officially or if it is a third-party wallet because that makes a huge difference.

 
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faceoff97
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October 25, 2018, 11:24:53 PM
 #388

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.

Unless that wallet is open source, surely that wallet is safe. Honestly, most of project being introduced seems to be promising but you will never know if you won't verify it. I suggest you to review this wallet: HODLER wallet. Its a fully  open source multi wallet. This one of a kind wallet is the most secured one and you have the full control over your coin. Don't trust, verify!
There is a lot of wallet out there just like the link above, take a lot of reading. Be sure to choose a secure one and not a wallet that you don't have the full control over your fund.
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October 26, 2018, 01:26:19 PM
 #389

You can lose all your coins only if you choose some unofficial wallet, which few people know about. Or if you follow the wrong link. Be careful and use proven wallets
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October 28, 2018, 04:23:35 AM
 #390

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

Yes, we will lose our coins or token when it is wrong to send other wallets when transferring. But when we try to send coins or tokens of different platforms will fail sent. For example try to send ERC20 token to Wallet based on EOS, Wave or Neo will not. Because I've experienced alone and we should swap first to be transferred.
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October 28, 2018, 08:16:49 AM
 #391

Okay, in this space wallets are the main thing. Doesn't matter if you are trading or holding the main thing is storage. And there is lots of storage but I always prefer the wallets from the official sites. The exchange wallets are also good but they are very non-secure all the time. And if you deposit in a not so popular wallet maybe you will lost your coins. Cause a scam wallet always lock your coins after some time. Sometimes they took a lots of charge for transfer. So first do some research about that wallet then deposit.

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November 05, 2018, 02:44:58 AM
 #392

if experience if wrong in the wallet then we can contact or PM dev manager to update our data, but it takes a long time.
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November 05, 2018, 03:42:13 AM
 #393

If youre using an online wallet, always make sure its a reputable wallet. Some online wallets may take your information like your private keys or have weak security systems that allow hackers to gain access easily. If you wanna not risk any of your coins being stolen, the best place would be an offline wallet with extra security features like a confirmation button.
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November 05, 2018, 03:56:10 AM
 #394

yes of course you can, lots of cases are exposed to phishing links or cheated with fake wallets, these fake wallets are almost the same as fake wallets so they cheat people and finally make them trapped there and will lose the coins you have. so it's better you can be careful when choosing and accessing your wallet.

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November 05, 2018, 04:59:58 AM
 #395

of course it may happen anytime...better you go for good software wallets it will help you to be safe your coins and there is no need to in that.
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November 05, 2018, 05:07:43 AM
 #396

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

Better first check the reputation of the people behind that wallet, I have lost funds on the wallet because of the security issue and better use desktop wallet if you cannot afford a hardwallet, it all goes down to the security and the people running the project and of course the source code if it is clean.
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November 05, 2018, 07:14:10 AM
 #397

Of course, choosing a wallet to store your tokens is an important aspect, since you need to choose only those with a good level of baseness, you need to know that when registering a wallet, you will be given a special key from the wallet that you cannot transfer

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yeniruieni
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November 05, 2018, 07:20:09 AM
 #398

A good platform for storing tokens is very important. So you are not easily interested in new platform services that might give you convenience. And you have to be more careful in determining your platform. When you enter the platform, you must receive the private key. And you must save the private key correctly.
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November 05, 2018, 12:30:15 PM
 #399

A good platform for storing tokens is very important. So you are not easily interested in new platform services that might give you convenience. And you have to be more careful in determining your platform. When you enter the platform, you must receive the private key. And you must save the private key correctly.

There are now plenty of platform options to hold your coin, and you can manage them visually with great ease with your smartphone. I now know the following wallet app, Houbi Wallet, Ginco are certified applications of prestige
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November 05, 2018, 01:06:57 PM
 #400

of course, if you enter the wrong wallet including typing in your website wallet address. then you can be exposed to phishing sites. You can lose all your assets.
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