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Author Topic: How safe is our money in crypto?  (Read 7714 times)
akishang
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August 07, 2018, 05:32:33 AM
 #261

If its money, there will always be risk no matter what way you are keeping it. The only advantage of crypto is its accessibility. You just have to be cautious on the things that you do on your device and hope that those hackers will not be able to access your wallet. Keep your private key safe and always make a backup on your file. Prevention is better than cure. That also applies on crypto wallets.

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Nikolas_the_Wonderworker
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August 07, 2018, 05:35:01 AM
 #262

Money in the crypto currency is very unsafe - you always have to trust strangers on the other side. I believe that the efirium wallet is a risky place to store. I think that the secret key is not exactly secret when you insert it for the first time. Maybe I'm wrong.
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August 07, 2018, 05:43:09 AM
 #263

I don't worry about my wallet unsafe. On the one hand, I only exchange encrypted money when I trade, on the other hand I don't browse and open the unsafe website.
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August 07, 2018, 05:46:26 AM
 #264

If you want your money to be safer then it's better to store your money in the bank but the value of your money won't grow rather they will lose it's value to inflation.
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August 07, 2018, 05:47:40 AM
 #265

there's nothing safe in crypto market. that's why we can got big profit here.. i prefer you to use extra money in it. so if you on the situation that you should hold you didn't cutloss and losing money
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August 07, 2018, 05:57:42 AM
 #266

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 quiet safe i think as long as you safe your private key in the safe place. Yet i do think if you wanted a safety you should store your money in bank not in digital currency.

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mh6e
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August 07, 2018, 05:58:07 AM
 #267

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 our money is very risky on crypto currency. Cause there have lot of chance to loss our whole money. But if you want to get some good profits you need to take this risk. You can also use all higher security to safe your money from hacker.

If were talking about safety, in crypto there's no guarantee that,when we wake next morning our money is still there. That's how risky this business is but if we compared to gamble this is much better. At least here your the one to decide if you want to win or loss. The only unfortunate here is if you got hack that's beyond our control.
WolkGold
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August 07, 2018, 06:05:12 AM
 #268

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.
Indeed, I'm not comfortable with personal wallet like mew or metamask for erc 2.0. The hacker is still a really serious problem at this point. So, I tend to keep them on the exchange floor.
crypto is safe but it can not be blamed for hacking issues from usage or preservation of the user. So, be wary of any of these.
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August 07, 2018, 06:09:13 AM
 #269

Yes you're right many people are doing that some are giving a phishing site to hack your wallet so its better to check carefully thw website

labhsikh123
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August 07, 2018, 06:13:46 AM
 #270

Absolutely, We have lot of risk in crypto currency. If we want to earn more profit, it will have to bear the risk. More risk is more profit. However,
I will recomend for the security to safe money from hacking purpose.
Hendramuliadi
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August 07, 2018, 06:38:15 AM
 #271

I do not save money in my wallet except the results of the prize campaign. if it's for trading I do it in a short time. for the safety of my money. because I don't like hackers who hunt our wallets.
idioma1
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August 07, 2018, 06:44:04 AM
 #272

That's true. Maybe the best way is to keep it in hard wallet on your computer
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August 07, 2018, 07:04:58 AM
 #273

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 our money is very risky on crypto currency. Cause there have lot of chance to loss our whole money. But if you want to get some good profits you need to take this risk. You can also use all higher security to safe your money from hacker.

Since we know that already all we have to do is to apply all precautionary measures to kept our assets safe, taking risks I think is a pre requirement of our journey going to success.
all have risks but the risk can be minimized by how you manage it. there are 2 risks that are considered. first risk because of hackers and there are many explanations about securing your assets in the wallet from hackers. like using hardwre wallet, 2 autentication factors and so on. second risk to investment. You have to hone your skills and knowledge for this
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August 07, 2018, 07:12:08 AM
 #274

yes that's true, and it's very annoying. experience teaches me to be more careful, keep all important data such as eth address and private key. and also be careful when opening a wallet, never open it through your smartphone.

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Btcshawn2017
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August 07, 2018, 07:27:29 AM
 #275

I think there is no safety when money is in involve on crypto today because it can easily be hack by some hackers so my advise is be wise.
mary0919
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August 07, 2018, 07:32:33 AM
 #276

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 cannot say our money here in this business is safe that is why if I earn I will get my capital and invest the rest so my capital will be safe and my earnings are in the investment. I will not keep all my money here because there is big chance of losing like if I can forget the password or the private key  and most of all it can be hacked.
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August 07, 2018, 07:34:53 AM
 #277

we know that in the world of cryptocurrency we must be more careful because if we misstep or careless it will be risky. we must be able to save and manage our crypto assets well so as not to suffer losses. the most important thing is never to rush to do something and keep careful.
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August 07, 2018, 07:42:54 AM
 #278

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 cannot say our money here in this business is safe that is why if I earn I will get my capital and invest the rest so my capital will be safe and my earnings are in the investment. I will not keep all my money here because there is big chance of losing like if I can forget the password or the private key  and most of all it can be hacked.
Honestly if you know how to save your coins than it is the most safe option there is out there, if you really know how to use stuff like ledger nano and so forth or at least have a way of using rasberry pi or so with coins wallet inside installed with the coins stored or even go back a few years when the cash prints were a big deal and people had printed out their big number of coins in paper just like cash and they stored it there. I honestly think there are a lot of ways to keep your crypto very safe.

The encryption algorithm which is being used in all cryptos are safer until the invention of quantum computers. Other than this, our coins are safer until we have stored our passwords safer. Yes, first concern must be system after that all the responsibilities are within us to safe guard our cryptos.
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August 07, 2018, 07:46:35 AM
 #279

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.

There's a positive and negative side in cryptocurrency. First for the positive side is by the help of the cryptocurrency we can invest and have an income so by that we can plan a great and bright future. And the negative side is there are some people that who illegally gains access to  some account users and sometimes tampers with information in a computer system to hack the wallets of a user.
Chronner
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August 07, 2018, 08:09:54 AM
 #280

What is the amount of "money" amounts? If the sums are less than with five zeros, then the worry is not the external threat but the internal one - inattention, a cold attitude to the data, and so on.

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