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Author Topic: How safe is our money in crypto?  (Read 7714 times)
Dogmygod
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August 08, 2018, 05:38:52 PM
 #341

I think nowadays in 2018 your money in cryptocurrecny is 99% safe. Ofcourse it depends on your own behavior and how accurate you are with your security.
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Andalusy
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August 08, 2018, 05:42:39 PM
 #342

its dependent on how much you value the security of your assets and how far you are willing to go to keep them secured. it is can not say that not safe and also can not say it is safe. Like I said, it all balls down on using the available security features of a wallet to keep yourself secured as well as using a very strong secured wallet like hardware wallet which are known to be safer. As long as you know how to play safe, then, you should be fine with the safety of your funds.
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August 08, 2018, 06:08:51 PM
 #343

Apart from hackers, the cryptocurrency itself is very unstable. If you invested $ 1000 at any time you can lose half or more. But I don't trust banks either. I have invested in cryptocurrency 5% of my funds, the rest of the money I try to invest in real estate. Property for a very long time will not make a profit, but the property will even grandchildren - that's what the safety. As for the safety of funds in the cryptocurrency, hardware wallets are quite safe today. But I wouldn't worry too much about keeping the cryptocurrency on MEW. You just have to take precautions.

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August 08, 2018, 06:18:05 PM
 #344

I think it will be safe as long as you can be careful in storing your private keys, but cryptocurrencies are very risky and unstable, and from that you have to have patience in dealing with the crypto market.

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August 08, 2018, 07:01:29 PM
 #345

It really depends on which cryptocurrencies you have invested in. There's a reason why everyone says to only invest what you could afford to lose. There are many factors which could lead a coin to drop in price and you can never be sure about anything.
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August 08, 2018, 07:09:28 PM
 #346

Money is not at all safe in cryptocurrency, There are so many hackers around here who's only business is hack a wallet of bounty hunters to get money without doing anything.
Your money will not be safe if you are careless and surely hackers will have an easy way to hack your wallet. Security starts from your end and no matter how good the security of your wallet. If you don't put a premium on security then somebody's wallet will surely get compromised.
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August 08, 2018, 07:11:27 PM
 #347

Crypto currency is a high-risk investment. The less risky it is to invest in bitcoin, it will not grow or fall relatively from other coins
Temeber
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August 08, 2018, 07:12:43 PM
 #348

there are many risks associated with cryptocurrency from fraud fraud, there are those who are determined to make the most of the flaws or slowness in the crypto market. There is also the possibility that the market may fall as the crypto market is not as stable as we would like it to be, money is not as safe in this market
FrosyaBulatova
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August 08, 2018, 07:16:04 PM
 #349

Where money is there and hackers. Money is not safe, there is always a risk of losing it. Moreover, the cryptocurrency is a relatively young sphere, and many beginners come to it. Easy prey for scammers. But let's look at the Fiat money. You keep them in the Bank, but the Bank can also be robbed. So be careful and cautious.
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August 08, 2018, 07:21:03 PM
 #350

Crypto is a high risk investment. When you think of crypto you'll always remember this phrase, " invest only what you can afford to lose". So meaning in crypto there are high chances that your money will be gone. When you invest, better consider it gone.

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August 08, 2018, 07:25:15 PM
 #351

If you follow the minimum security requirements, the ability to be hacked is reduced to 0%. All cases of hacking that I know, anyway was because of the stupidity of the victim
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August 08, 2018, 07:40:25 PM
 #352

Your money is as secure as in an illegal casino. You either lose it, or you are deceived or simply stolen. The truth and the win can be impressive. Grin

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August 08, 2018, 10:01:02 PM
 #353

If we take into account the fact that many people have lost a lot of money in cryptocurrencies, then cryptocurrencies are very dangerous. As for the wallets, it is necessary to adhere to precautions and then the chances of losing funds to be reduced significantly.
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August 08, 2018, 10:18:27 PM
 #354

For now, I don't think it is advisable if you move your money in crypto or for altcoin. If you are not careful all your money will be lost. If for investment it might be a good choice. Certainly very safe in my opinion. If you save in an ETH wallet I think it's very dangerous. Now many hackers are eyeing MEW's wallet. So we are always careful.

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August 08, 2018, 10:50:00 PM
 #355

I would say that if you hold money in crpyto and it's unlikely you'd need that money in an emergency situation, your funds are more or less safe in the long run. However, short-term investment can be very risky.
caeles
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August 08, 2018, 10:57:58 PM
 #356

Keeping money in crypto is too risky. You just have to be extra careful not to go to phishing sites.

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August 08, 2018, 11:11:43 PM
 #357

The most reliable way in addition to cold wallets is to buy a separate computer. From this computer you should not go online.  It is necessary to install desktop wallets on it.

Olgdanil
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August 08, 2018, 11:12:55 PM
 #358

Money is not at all safe in cryptocurrency, There are so many hackers around here who's only business is hack a wallet of bounty hunters to get money without doing anything.

Keep your money on your own wallets, do not leave passwords anywhere, do not open letters from strangers. Think and no one can steal anything from you.
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August 08, 2018, 11:28:38 PM
 #359

Your cryto or money is your responsibility.  We know that there are many theives, hackers  and scammers so we must becareful  in our every action. Store your precious  belongings in a safe place. Always check the URL address  of every site before entering  your password and private key, don't  save it in your email account  or anywhere . It is safe if you'll spend time writing  it on a paper. ALWAYS ENABLE YOUR 2FA.
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August 08, 2018, 11:47:26 PM
 #360

in my opinion, it's safe to keep our money in cripto, but there are a lot of big risks that we endure because crypto prices are not like real money, prices can change every day.
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