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Author Topic: How safe is our money in crypto?  (Read 7714 times)
JCO05
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July 26, 2018, 02:42:00 PM
 #81

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.
If you are referring to safety that has no risk of losing money, it would be a bad idea turning your fiat to cryptos. Cryptos are volatile in nature. The market value of most cryptos are changing from time to time which includes ups and downs which also means that there's a tendency to earn profit from holding but also, lose profit.

MasterMoon
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July 26, 2018, 02:42:43 PM
 #82

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.
Yes you are right with that one nothing was safe especially on internet world that is why you need to learn those thinks that will protect you. Be careful always and avoid those anything suspicious to you. Goodluck.
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July 26, 2018, 02:43:13 PM
 #83

that make it safe or not it's yourself because you should be able to secure your funds because there are many cases of money loss based on the person's mistake. for example, accessing the wallet and being fooled by phishing sites

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kjnfmplm
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July 26, 2018, 02:47:32 PM
 #84

The money in our wallets are safe if we are keeping it safe. Or do the things that we should do in order to maintain the security. For example, not opening unsafe websites. If the hacker's target is the entire website for example, what happened to MEW, I don't think we can do so much. Just be aware of the situation and keep up to the latest news.
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July 26, 2018, 03:00:29 PM
 #85

it's natural in the real world money is also not safe many thieves roam let alone in crypto that can be seen by everyone. back to each of us security depends on ourselves if we neglect then security can be broken

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thinhthai
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July 26, 2018, 03:01:39 PM
 #86

It depends on what wallet we use, if we use app such as Enj or Eidoo, and also metamask for ETH network, it's OK. The best way to save all our coins and tokens is use Leger nano or kind of that wallet Trezor for example. It's the best wallet for all coins and safest place from hackers
maman567
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July 26, 2018, 03:06:37 PM
 #87

Added your exchange account with google authicator because is safer and your money will safe forever until you want to sell all of it. but you never try to hold your money on myetherwallet account, because is unsafe for your holding altcoin.
Sarobeat
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July 26, 2018, 03:09:43 PM
 #88


It's strange that you paid attention to the security problem only with crypto currency. Banks can be robbed, electronic money can be hacked by a lot of bugs of a purse, Fiat to steal or lose (if you do not spend on useless things), and so on. No system, including financial, does not provide users with complete security.  Roll Eyes Roll Eyes Roll Eyes
Impulseboy
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July 26, 2018, 03:14:35 PM
 #89

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.

Unfortunately this is one of the downsides of investing in cryptocurrency. It is a risk that everyone takes when they decide to get into crypto. If you are not smart about handling your money, then you will lose it at the hands of hackers and scammers.
wulian18
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July 26, 2018, 03:15:02 PM
 #90

In the world of cryptocurrencies, if you put coins on the exchange, make sure it is a very safe exchange. Otherwise, you should put it in your own wallet, as long as you keep your wallet private key from being stolen.
Jaybitcoin2018
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July 26, 2018, 03:17:35 PM
 #91

We really cannot predict and secure our money 100% because even banks get hacked sometimes and even government websites which is well monitored by highly paid IT's still get hacked. Hackers are everywhere so all we can do is keep our details and wallet address in private and be more vigilant and active in monitoring your account because this is the risk we have to take in exchange of good amount of money.
yanglei504
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July 26, 2018, 03:17:55 PM
 #92

My money in my crypto asset is safe because I learn how to prevent hacking in our wallet. I learn about how to secure accessing my wallet through some youtuber, they give me a lot of learnings on how to be secure and that makes me comfortable that my funds and my future is safe.
rijaljun
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July 26, 2018, 03:21:13 PM
 #93

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 guess you never tried private wallet yet, so try it. I actually dont 100% trust any exchanges wallet as it's too risky. Yeah hackers are around, hackers are everywhere but in this decentralize world, centralize exchange is actually the real problem because they against 'decentralize ecosystem'. Don't let them fool you, take your money and say "we are hacked".

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Rosilito
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July 26, 2018, 03:21:50 PM
 #94

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.

Not that safe as you think though. We are vunerable to all hackers, even though some wallet platforms made a strong security it is just the hackers are so smart that they can make a way to strike it through into it. What we need to do is to monitor our address, and make some a quick assessment if we are free or prone to hackers, and make some security with our ownselves. Do not depend on the site itself, make your own self guarding and make some quick precautions for us and to our wallet as well.
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July 26, 2018, 03:25:04 PM
 #95

For me money in Crypto is a high risk with a great reward, actually I think money in Crypto is not guaranteed until it is spent, but still better than fiat considering the future gain, surely, CryptoCurrency market is highly volatile reason one has to be prepared.
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July 26, 2018, 03:25:25 PM
 #96

I don't worry about my money, because I only have a few coins. And I'm all stored in famous exchanges, not those small exchanges, and their technology and anti-hacking are very powerful.
ballerin and giroud
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July 26, 2018, 03:52:44 PM
 #97

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.
We should be aware of our assets are in the Internet network, has become commonplace internet network can be manipulated by someone, let say he is a hacker. Before crypto currency became popular, many hackers had taken the asset of a country or bank. Especially with crypto currency that there is no legal protection of a country, so that when someone loses his assets they will be indifferent to respond. So that every asset we have is only ourselves that will guard it, there will be no other parties that will help in case of loss.
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July 26, 2018, 03:59:24 PM
 #98

Too much hacker in the world, most of them start to join crypto, it'll give them more money than other, our money is not 100% safe in crypto, actually everything connect to internet also not safe, but we can try our best to prevent it happen, I'm very careful my cryptocurrencies assets, I don't mind invest money to protect my computer and I also don't allow other people touch my computer, hardware wallet also must have to secure your assets.
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July 26, 2018, 04:03:19 PM
 #99

Hackers are everywhere. Most of the wallets are getting hacked by Pishing sites. The best way is using a hardware wallet. Then no one can touch our money.
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July 26, 2018, 04:13:32 PM
 #100

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.
before join in this business we all must know the risk, risk about volatile, get hacked, etc. then we must do something to solved that problem so it not come to us. the only way is save ourself. make strongest security for our account

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