How safe is our money in crypto?

[miraxgr]

As for security, money in the crypto-currency space, you are right, there are problems with this. But still, to avoid this situation, you need to protect yourself, that is, be careful not to store all your passwords on the desktop of your computer, and not to Shine your email address, and finally I would recommend you to buy a cold wallet.

[1714786530]

1714786530

[1714786530]

1714786530

[1714786530]

1714786530

[1714786530]

1714786530

[edmundo]

I will say just like every other thing in life, crypto is a risky terrain and care must be taken to ensure your digital assets are safe and secure as much as possible. Be sure to take care of your wallet keys, preserve them in multiple offline places and also, try as much as possible to keep a written record of them. Another thing to note is, always do some background checks and studies on the companies you decide to trust with you crypto investments, above all, invest only what you can afford to lose.

[opeakande]

Yes their are series of hackers who do nothing other than to dupe the people of their hard earned money most especially in the cryptocurrency world. But one thing is certain, if a wallet owner doesn't compromise his or her own private keys to his wallet, no hacker can hack and still ur money.

[Maximal-Ether]

I think it's never possible to be completely sure of something. In any kind of activity there are always risks. And this applies even to small things. So just live, work and think about a promising, carefree future.

[HoorrrBitc]

There must necessarily be primary and secondary security. The primary is not to visit questionable sites. Secondary - do not store passwords in accessible locations. Well. and as for their depreciation, it turns out that all the money stored in the crypto currency is not safe.

[Bellator]

I think it's safe enough. Because I have never even felt lost. This means that my wallet has never been hacked by hackers and also things that have harmed me. Saving money in crypto is safe enough while you store it in the wallet. But unstable prices sometimes need to be considered.

True. Crypto market is unstable but it doesn't mean that it is unsafe. But of course, it always pay to be vigilant at all times especially in money kept by means of crypto. Hackers are present anywhere ready to breach so it pays to be preventive at all cost.

[UnDerDoG81]

For a safe investment, you must first secure your account or your coin hold. The next step is to closely monitor the growth or downturn of the project you are investing in to know when to sell or continue to hold.

[lorylore]

Well we cant totally put the faith in the crypto security. We need extra precaution that can help to more secure our money like using a hardware wallet or 2 time password to protect our money.

[Red Fire]

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 think as long as our wallet is on the internet it is not safe at all. hackers is around the internet. you can avoid being hacked by simply not giving your private key to anyone.

[Crytptomeniac]

I think that's the disadvantage of decentralization and anonymity, that you as a user are 100% responsible for the security of your coins, so you have to keep them in a safe and protected place, many people only have laptops or notebooks offline to serve as wallet and thus keep their information safe, every day we see less news of hacking, at least to exchanges recognized so that is another concern that is dissipating.

[Elseye]

I think that today the main problem of safety is not hackers, but actually it is volatility of the whole market, money is not safe even if it is in BTC...

[WiiD]

I think that today the main problem of safety is not hackers, but actually it is volatility of the whole market, money is not safe even if it is in BTC...

In any investment there is a risk. Market volatility is a good opportunity to earn a lot of money. There are many coins except bitcoin investing in which you can get a big profit.

[EZTips]

Our money cannot be in safety anywhere. If to store them in cryptocurrency, then it is necessary to get a cold purse surely. But you can also lose from it access, such cases already were.

[helenbmb]

Our money is actually safe in Crypto but we need to invest with causion and be patience with what the market might be saying and definitely profits would come.

[CoinCollect]

The best way to protect your savings is to store them in your hardware wallet, but unfortunately you can't store different tokens or coins on it.

[atorle]

Hacker usually do not target wallets with small holdings, if you are holding significant amount, it is best you get a hardware wallet and store your assets offline. That should be sufficient in as much you keep your private keys offline too

[Ingoats]

I would say that it is safer in the bank because there are possibilities for wallet address to be hacked and at the same time there are risks involved regarding with profit loss due to market volatility such as at this moment wherein the market value of most cryptos are falling. If you are into secured wealth, choose banks instead.

[imboss]

Our money is actually safe in Crypto but we need to invest with causion and be patience with what the market might be saying and definitely profits would come.

If you have everything that you need to be done in crypto taken care of then it should be a little safe.

[boolog]

the money in crypto is 100% safe as long as you store it offline. my friends recommended it to me and i stick to it.

[GreatArkansas]

As long as you know the basic security of using internet, you will be safe, like not downloading any files over the internet,  setting up your antivirus to be safe. And in crypto, you should store your private keys in very very private, always be careful surfing the internet.