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Author Topic: How safe is our money in crypto?  (Read 7714 times)
Rollesto
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July 30, 2018, 03:01:49 PM
 #201

Hackers are not the only ones we should look out for. We should protect ourselves much more to scammers out there especially when you are only doing campaigns like signature and social media. You can earn your lost money again, but you can't retrieve your lost efforts in a campaign.
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tillerthekiller
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July 30, 2018, 03:02:58 PM
 #202

You should ask people who were highly invested in Facebook how safe they feel investing in traditional stocks.
wakeofgod
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July 30, 2018, 03:06:50 PM
 #203

we can't predict that. It will depend on your luck. Also if you use hardware wallet it will better to save your coins for a couple of years until those coins are becoming to higher in the market
yrsat
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July 30, 2018, 03:16:32 PM
 #204

Cold storage of crypto currency. This type of saving digital money is called cold because the devices on which the crypto currencies are located are not connected to the Internet. This fact excludes the possibility of hacking your account by cyber criminals. Storage devices may be external hard drives and special hardware wallets, which are created specifically for this purpose.
mdzahed134
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July 30, 2018, 03:17:17 PM
 #205

Yes,this is right in everywhere hackers are existing.I think most of the hacking happened with bounty hunter & they more affected.Online wallet is more risky i think.So i prefer you should be use hardware wallet-
1. Trezor
2. Ledger Nano S
3. Digital Bitbox

bayarau
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July 30, 2018, 04:06:33 PM
 #206

My opinion is unambiguous - money does not have safe storage either in Cryptocurrency or in Fiat! Everywhere there is a risk of losing them irretrievably! The thing is that the crypto-currency market is a high-risk investment and the first rule for crypto-investors is: do not invest in crypto currency that money you are not afraid to lose! If you agree with this statement, it means that you have already made your choice!
Myra4
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July 30, 2018, 04:09:18 PM
 #207

If we talk about hackers you just need to properly store your funds and no one can steal them. And about the price here is undoubtedly a very risky asset that can depreciate completely

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sedahan13
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July 31, 2018, 08:18:26 AM
 #208

Other risk in crypto is high volalitilty and our money can be loss up to 90% , so dont put all money in to crypto and we have should be has strategy and risk management. For example put money in to crypto only 20% , 30% in other asset like stock or commodities and 50% in bank.

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Kayuslawal
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July 31, 2018, 08:24:26 AM
 #209

Investment in any cryptocurrency is not safer and its risk, we all know we are risking our money when investing and should be ready for any negative effects anytime and anyday.
santino11
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July 31, 2018, 08:25:55 AM
 #210

as long as i keep my private keys and passwords safe its all good for me.
i am using my laptop alone in crypto also.
how safe is your FIAT in your wallet?
danger is all over the world...
kworrom
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July 31, 2018, 08:30:03 AM
 #211

In real life, a lot of scammers who can steal your money from a credit card or even a purse. Theft in the crypto-currency market is not as frequent as in the real world
Glen1989
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August 02, 2018, 08:53:41 AM
 #212

Do not keep all your savings in one coin, on one exchange, on one wallet. Differentiation of income and security of your passwords is the key to reduce the risk of loss
Aleksandr_ov
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August 02, 2018, 10:40:41 PM
 #213

Crypt at the moment is an investment, and investment is primarily a risk, if you want not to risk earning, then this is a more crowded markets
Alex09012004
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August 02, 2018, 10:42:53 PM
 #214

It's important to be very attentive with your private key. I think Metamask is a great thing and with it your wallet will be safe.
paxmao
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August 02, 2018, 10:43:54 PM
 #215

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.

You should ask yourself if your money is safer in a Bank. The ridiculous sums spent in rescuing banks were paid by ordinary people through tax so you are actually talking about keeping your money in the box of thieves. Be a man (or a woman) and learn your criptos.

Casmania
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August 02, 2018, 10:48:49 PM
 #216

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.

You should ask yourself if your money is safer in a Bank. The ridiculous sums spent in rescuing banks were paid by ordinary people through tax so you are actually talking about keeping your money in the box of thieves. Be a man (or a woman) and learn your criptos.
If we have bought a trusted and has a good community cryptocurrency, then I can say you had safer holdings. Your money has a good future in crypto, specially when it's growing a good value in the market. We should promote and share the importance of the cryptocurrency to other so it may help gain good interests coming from other people around the world.
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August 02, 2018, 11:07:58 PM
 #217

The safety of your money in crypto depends how youy handle it. In order to totally prevent hackers from hacking into your wallet, evry one is advised to use hadware wallet. The us of hardware wallet guarantees ! safety of your fund, except you give your hardware wallet details to another person.

You can still be safe if you are using a wallet in your laptop or pc, we should just have to avoid engaging on some activities that might cause private key or seed stealing. Our money in crypto is safe, it's just depends on each person on how he/she handle it.

Getcoinsite
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August 02, 2018, 11:12:41 PM
 #218

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.

Its upon our discretion on how to protect our assets here in cryptoworld because even in your own house theres a possibilities of losing your money so don't just put the risk in this forum

Hackers are really great in this field they are knowledgeable about how to take advantage of the weakness of the users but if we will make precautionary measures and more security maybe we can lessen the possibilities of being a victim
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August 02, 2018, 11:16:50 PM
 #219

safety  of your money in crypto is dependent on your, personal security, ensure you take all details into consideration, do not input your private key into any form or platform online,avoid opening phisting mail or website.  
Cookie Man
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August 02, 2018, 11:18:41 PM
 #220

here are a lot of risks involved when cryptocurrency is concerned  from scams to frauds, there are those that are determined to get the most out of the weaknesses or sluggishness in the crypto market.  There are also chances that the market can fall, as the crypto market is not as stable as we would have loved it to be, the money is not as safe at all in this market
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