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Author Topic: How safe is our money in crypto?  (Read 7714 times)
jlew079
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August 13, 2018, 10:21:30 AM
 #441

Good question. we can earn a lot of profits in the crypto. But we need good safety for our money because many scammers are in the crypto field. Not only for that field, the scammers are in everywhere. So we need to protect our money. But how? Some people are investing money in ICOs without any researching. That's a very bad thing. Don't invest your money without research. And another thing is we need to protect our wallets. I heard online wallets are hacking by scammers. So, If you using web wallet, be careful. I use Hardware wallet for store my tokens. It's very safe for me.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Dhruvv1
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August 13, 2018, 04:50:12 PM
 #442

Crypto is a brand new monetary market. It doesn't even come close to the depth of stocks or gold around the world, but it has the potential to eclipse both.

By default anything which can give you a very high return in a very short span of time will be very risky, because risk and returns are always inversely proportional. Cryptocurrencies are a high risk high return game. So I would suggest you to invest the amount you can afford to lose.
ombir
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August 13, 2018, 05:08:57 PM
 #443

Money in crypto currency is not completely safe, there are so many hackers around, who hack only the bounty hunter wallet to earn money without doing anything.That's why we should put a strong password to our account. the stronger the password will be, the less likely theft
Yusuf_Jay
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August 14, 2018, 12:08:14 PM
 #444

I think it's safe as long as you know how to secure the money you save on cryptocurrency, therefore, it is mandatory for us to know the steps that must be taken so that our money remains safe.
salesjr1
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August 14, 2018, 03:24:31 PM
 #445

Great technical analysis on Bitcoin, Ethereum and Ripple plus market update today: https://youtu.be/yf-H31K_KJY
zelenkova
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August 14, 2018, 03:33:17 PM
 #446

for 8 years the crypto market has captured the whole world! in every corner of the earth they constantly talk about it! I'm sure that crypto money is the future of the entire world financial system! Now this is a very good investment, a lot of people use crypto money! so do not worry - your money is in the right place!
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August 14, 2018, 03:39:19 PM
 #447

Yes, you are right. I only use some of my money for crypto. if I get a profit, then the profit that I can use to buy other coins is more potential for my investment.
bitcoinbuyer
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August 15, 2018, 06:59:13 AM
 #448

Crypto is the best choice to keep your money in the safe way and everything you need here is not to make mistakes like early selling or wrong investing.

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george_hured
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August 15, 2018, 07:18:09 AM
 #449

Security in crypto-currencies is a very mediocre phenomenon, I think that crypto-currencies will be safe only in certain cases, when quantum computers will work together with crypto-currencies.
funkenschuster
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August 15, 2018, 07:21:59 AM
 #450

as I would see it more secure than in banks. They are only a sham. On the off chance that you are being watchful with passwords and tokens, you know how trades works, at that point you won't have inconveniences. They are a few guidelines, what not to do, open suspicious sends, giving somebody your private keys and others.
Kate74Bell
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August 15, 2018, 07:32:11 AM
 #451

Browser extensions:
Some extensions on Safari or Chrome claim to be able to experience your trading on trading sites, so they can actually read everything you do on those pages. I do not use the extension Safari also good enough.
Tip: Do not install any extension when trading crypto coins. It is best to turn on private mode, normally all extensions will be disabled in this mode. Or you can use the Brave browser to make a transaction.

Clone Website:
You enter the URL of a web page, if your URL bar is hacked, you will visit another site with the same URL, interface and logo y change. Be careful.
Tip: Find the https certificate of the site or use Chrome / Firefox extensions to detect fake URLs, only using reputable extensions.

Hobbledehoy
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August 15, 2018, 12:16:23 PM
 #452

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 always have in mind that the money you put in cryptos is expendable. Your money is never just safe in cryptos, you always have to make sure that your coins are secure. There is so many was that you can lose your money especially to hackers. but the fact is that, there are so many ways and so many kinds of wallets built to prevent hacks.
ElenaN
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August 15, 2018, 12:25:01 PM
 #453

It is important to keep your wallet safe with the key, although you can not be 100% insured here
hheight
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August 15, 2018, 12:26:23 PM
 #454

Holding your assets in cryptocurrency initially unsafe. There are many related risks, as hackers attack or phishing, closing of the exchange (if you keep your coins there), also at one point coins can depreciate. But this doesn't mean that regular bank system is somehow better. Everything has its pros and cons.
sehoon
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August 15, 2018, 12:29:36 PM
 #455

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.

But we can still manage to avoid such things buy using applications like metamask and buying a ledger. Though there is no guarantee, it can lessen the chances of you losing money by hackers. Even the money that is not related to cryptocurrency, it is not even sure that your money is secured. Because even your credit card could get hacked.

zander09
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August 15, 2018, 12:32:37 PM
 #456

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.

But we can still manage to avoid such things buy using applications like metamask and buying a ledger. Though there is no guarantee, it can lessen the chances of you losing money by hackers. Even the money that is not related to cryptocurrency, it is not even sure that your money is secured. Because even your credit card could get hacked.

Yes we can do something to avoid lose our money by using Ledger. The secure of our money is always depends on us, on how we keep our money in crypto secure.
solovalley
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August 15, 2018, 01:05:22 PM
 #457

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.

the money in crypto is certainly not safe, we all know that crypto is very volatile and unstable. the price can change at any time very quickly. If you want to save money, keep it in a bank instead of crypto.
azzag0000
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August 15, 2018, 01:27:42 PM
 #458

I agree. Money when invested in crypto currency becomes a very volatile asset in the crypto room. So we don't know how much we will get from our investment. But if you want to get good profits, you need to take this risk.
Vilianms
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August 15, 2018, 02:23:08 PM
 #459

In theory, the current password mechanism is very secure, and no one can crack it. But we still need a good app or application to prevent privacy leaks, because hackers can steal your privacy instead of stealing your block directly.
keykey1
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August 15, 2018, 08:18:43 PM
 #460

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.

Do not have to worry about being hacked by hackers if you follow all the security rules. With the correct approach with the crypto currency you can make good money.
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