How safe is our money in crypto?

[tanvir232]

I think it's safer to put our money on cryptocurrencies than the traditional system. There are plenty of ways to secure your wallet. If you are aware enough, I don't think there will be an issue while if you put your money on a bank, those can be stolen. For example, can you remember the event of $1 billion robbery with hacking from Bangladesh Bank? How safe our money in traditional ways?

Learn more- https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery

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[Bill205]

I agree it's risky to invest in cryptocurrency but you can minimize this by choosing some good coins to invest and following the appropriate security steps like keeping your private keys safe, have a physical wallet for storing your assets etc.

[Anatolich]

The wallet itself, yes it's very safe, you only have the characters that only you know, steal in no way. But hacking wallets, the biggest evil. How many cases there were. It is a pity that scammers in all shoots are, and do not change.

[byteminr]

The wallet itself, yes it's very safe, you only have the characters that only you know, steal in no way. But hacking wallets, the biggest evil. How many cases there were. It is a pity that scammers in all shoots are, and do not change.

Much more often, people themselves pass access to their wallets than hack wallets

[Theyess1928]

The way to protect your money when you invest in the crypto market is that you should not invest in a whole bunch of coin instead you should invest in diversified and divided into more investment. is a concentrated investment

[XiaoRui]

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.

I believe that nothing is safe, neither in crypto currency nor in real estate, as in any other business.
Everywhere there is a risk and his reward, for the moment I believe that the crypto currency is the most payable case with minimal risk.

[Nurul_]

if I think it's very safe, bro. as long as we do not take actions that are bodah. like not cleaning our cellphone or lectop from a virus that can make our assets lost. or install applications from unclear sources

[campusnet]

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.

I believe that nothing is safe, neither in crypto currency nor in real estate, as in any other business.
Everywhere there is a risk and his reward, for the moment I believe that the crypto currency is the most payable case with minimal risk.

with minimal risk are you sure? cryptocurrency is always fraught with risk. by investing our money on crypto there is a possibility we will lose our money. But if it can overcome the risks we could benefit greatly. with a large risk of it will benefit greatly.

[betece777]

really there are so many hackers and fraudsters here I have almost become a victim of fraud by being asked by 0.4 ethreum. At first I tried to chat in the telegram groub asking if my exchange account was not accepted by my verification, and someone told me to disguise myself as an admin with a telegram and said that my verification was acceptable if I deposited 0.4 ethreum

[letsfly]

Our money is very safe as long as you keep it to safe wallets , like hardware wallets. Even in a traditional safe keeping our money will not be safe if there is no enough security . In crypto , there is more than enough.

[nangiarushali]

Your money in crypto is as safe as you keep it. The cryptocurrency market is the most unpredictable and no one knows what can rise and fall in seconds only. So if you trade safely and keep a regular check on your profit and loss you will always be having it safe.

[xiwanfd]

If we use a hardware wallet, our money is totally free from hackers.

We need to protect our money on cryptocurrencies. We don't need to expose our private key to others.

[kenjionline]

I agree, but if you are afraid to invest in the cryptocurrency, and prefer to keep everything in national currency, then your money can also disappear if you keep them at home. And even if you keep them in the bank. Just do not store everything on one wallet and keep it safe and secure.

[alberdina]

Indeed many people who lost their money because others steal. Keep the money in the wallet is indeed risky but you should really be able to save your private key. Do not let the private key known to others. Because until now I save money in Cryptocurrency is still very safe.

[camperous]

Money kept in crypto is very safe just that crypto needs better regulations so that the future will be better

[Folajuwon56]

I think our money is more safer in banks as fiats rather than in cryptocurrency. Cryptocurrency is subjected to cyber attacks and hackers, so it's still safe to save money in the bank.

[tomboi]

It must be realized that every place we use to save money actually has risks, it's just that there is a large level of risk and a small one. And that is also smart for us in securing both from the data and from the activities we do every day. If we are able to control and secure all personal data concerning our wallets, I think that it has helped secure a lot, because crypto basically has good security.

[Akichiva23]

Basically, there is nothing like safety n the crypto platform, anything can happen anytime, especially with the fact that there is an increase in hacks and all that, it's almost impossible to guarantee security in the crypto arena, But take the necessary safety measures and you will be just fine

[camryku]

If you want to secure the bank was a sought after place and not on crypto. Hackers a lot here and it became one of the reasons why this crypto is quite dangerous to be owned. entered in the crypto has more risk than on results that can be obtained. But even so of course also depends on the strategy of how to run it so that it can produce.

[Cryptobel]

Yes!I'm worried about my assets!!I try to check everything very carefully so as not to run into a phishing site!!!and I keep my assets in a cold wallet.)