cryptocrabs2
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July 23, 2018, 10:29:34 PM |
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The hacking incidents are at large nowadays. And this has indeed got the people worried. The best advise would be to get the get the exchanges done and withdraw the money as soon as possible. And to use a secure wallet.
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brylle34
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July 23, 2018, 10:50:07 PM |
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Thanks for your reminder, you correct if we don't have the private keys we are not the one who is on control of our bitcoin or any other altcoins on our wallet, i would like to add up, not just on what your referring online wallets, also the other trading platform don't put all you have their if their is hacks that will happen your money will say good bye to you
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BitCoinDream247
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July 24, 2018, 01:14:42 PM |
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This is a good help, and heads up to how you should always be cautious, in securing your investments.
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yj300316
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July 24, 2018, 02:55:56 PM |
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[Friendly Reminder] While waiting for the market bull run, first make sure that your bitcoin/cryptocurrency investments are actually secure. Always remember: NOT YOUR KEYS, NOT YOUR COINS If you're still using services like Coinbase to store majority of your coins, you could possibly lose your investments(not an exaggeration). Sure, we respect Coinbase for their service, but Coinbase is NOT hack-proof. NOTHING in general is 100% secure, especially for a centralized system. People in the past probably thought that MtGox was also actually "secure" enough, well guess what happened? You're significantly decreasing the chances of your crypto getting stolen when using a well-made paper wallet or a hardware wallet. Some reputable hardware wallets: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FQa80tuo.png&t=665&c=kXHwkDFD789TUA) - Hardwallet is the best wallet for security i think. You don't need to expose your key or something that can harm your wallet. If you want a secure and free wallet, i think you can use desktop wallet and install it on your pc.
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easycoin995
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July 24, 2018, 03:00:31 PM |
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I agree because, after the recent recovery of BTC, scammers will become active again and try to scam people. So it's safe to apply as much as security on your hard earned money and stop believing in false rumors.
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popsys
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July 24, 2018, 03:00:50 PM |
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Hello please can somebody advise, bought some btcx2 last month, however, cannot yet see any exchange or wallet address, how do i trade or withdraw my money? Any advice will be greatly appreciated. Kind Regards
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Gabali126
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July 24, 2018, 03:07:52 PM |
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This is very good. A lot of people may have been carried away by transferring their coins to the exchanges to sell once a predetermined price is reached.
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CrytopiaRaRa
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July 24, 2018, 03:17:51 PM |
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This is a powerful reminder,thanks! Its true,we need to just be cautious and alarmed for this kind of bad scenarios in the world of cryptocurrencies. Always in the safe side.Always create a strong password and better to write in a book that only you can know . Also be careful to scammers and hackers for they are so many now adays
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Reatim
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July 24, 2018, 03:44:52 PM |
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I think that we already stress this message across this forum for too long that it already sounded like a broken record. So I don't know if people have invested big enough money and doesn't know how to secure it. Exchanges has been hacked, online wallets and even scammers have been with us so by now if people still need reminders how to protect their assets and then bitch around later that they have lost tons of money then crypto is not for you.
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btcdevil
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July 24, 2018, 03:50:38 PM |
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I think that we already stress this message across this forum for too long that it already sounded like a broken record. So I don't know if people have invested big enough money and doesn't know how to secure it. Exchanges has been hacked, online wallets and even scammers have been with us so by now if people still need reminders how to protect their assets and then bitch around later that they have lost tons of money then crypto is not for you.
Just you said what i was to comment, This is the message appearing from long long time and till now it is like dead boring topic but still like what you said who ever is in crypto world should have been knowing all the problems if you are still using online web wallets and exchange wallets. But still their are so many new users who are still using web wallets and exchange wallets and are happy till they are not scammed or hacked.
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idelawire
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July 24, 2018, 04:15:39 PM |
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Yes its really important to secure our cryptocurrency because recent time hacking is happen and in exchanges our coin is not safe. so we need to store coins in ledger, hardware wallet and paper wallet and we can access our coin from private keys. so important security is the biggest priority for us.
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LavernB
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July 24, 2018, 04:22:16 PM |
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Pretty much standard stuff and well known. You only need coins on the exchange if you trade. If you're holding then put it away man, that's common sense. But anyways it's good to have this kind of topics so people can read and do something about it. Nobody's gonna hack your phone because you're irrelevant but many hackers were trying for years to for example hack PS4 and they did it in the end. Everything is hackable it just depends how big of a target it is.
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dupee419
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July 24, 2018, 04:23:38 PM |
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This is true, hence software wallets cannot be completely reliable, especially if you are holding huge amounts of BTC or any other assets that you may have in your Coinbase or any other software wallet, It is also not hack-proof, hence you should buy a hardware wallet that can be reliable in safekeeping your coins, it may cost you but it is also worth it, for a price of $65 you can get yourself a Ledger Nano S, it's more reliable and it is indeed safer.
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Stormyblue
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July 24, 2018, 04:42:36 PM |
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The recent hack of Binance has made very clear that storing your cryptos on exchanges can cause you to lose your money. It is very important to protect and secure your hard earned Cryptos from hackers.
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ubay
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July 24, 2018, 04:48:24 PM |
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Thank you for reminding us, indeed we should be aware of our coins. Finding the safest place to store digital assets is very important, it's better to spend a little money to save our assets than to regret later.
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Oasisman
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July 24, 2018, 04:50:12 PM |
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The recent hack of Binance has made very clear that storing your cryptos on exchanges can cause you to lose your money. It is very important to protect and secure your hard earned Cryptos from hackers.
Heck, even without the occurence of Binance hacking, I wont be storing my coins on any exchanges. I dont trust them at all. I dont care if how many 2FA's you have to go through before you completely logged in. It would be the dumbest thing for an investor to store their coins in an exchange for a long time. If you notice, there are a lot of issues in every exchange are facing every single day. One of them was the log in attemps. Instead if I do trading I'll transfer some coins only enough value to trade. Sounds so hassle, but its better be safe.
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Kprawn
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July 24, 2018, 04:58:51 PM |
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High prices draw scammers too, so be extra vigilant when the price increase. I store more than 80% of my coins in cold storage, because I do not trust any exchanges or centralized wallet providers. I also have several different hardware wallets, because some of them cannot store all the Alt coins I invested in. I prefer to use storage methods where I am in control of the private keys. <It is also beneficial when there is a hard fork and you can have control over the forked coins> ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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butterfly8226
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July 24, 2018, 06:14:52 PM |
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I also truely believe that the hackings can be stopped just by simply using the hardware wallet and keep ourselves away from the threat and loses.
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Coinblaze
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July 24, 2018, 07:51:00 PM |
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A very good and timely reminder, I'll be doing this today. Better safe than sorry!!
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easybtcearn07
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July 24, 2018, 09:41:34 PM |
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Exactly. Before going into different lucrative investment in the future, one must always be aware of possible hack that might affect their account and steal away valuble possessions of theirs.
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