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Author Topic: How safe is our money in crypto?  (Read 7743 times)
diedvw96
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August 19, 2018, 10:52:09 PM
 #501

It's as safe as you are, it's like a personal wallet, if you leave it lying around and you lose it all the time, obviously they're going to steal your content, but if you always have it with you, you put a little chain on it and you always have it in sight, it's pretty safe, isn't it? That's how it is with wallets and cryptos, security depends more on the user than in any kind of financial exchange, so you have to worry a lot about informing the best ways to keep your wallet safe, so you won't be a victim anymore.
Kimjonghun
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August 19, 2018, 10:53:51 PM
 #502

The cryptocurrency market does not stand still and continues its development, part of which is security. I am sure that in a short time there will be impenetrable protection of all types of cryptocurrency from hackers.
yes, with this sophisticated crypto development there will be many security-based projects that will emerge. but before we can only take care of ourselves, because there are so many people who lose their assets because of their own carelessness.
The highest security is in you.
Wiwendefak
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August 19, 2018, 10:56:41 PM
 #503

Our money safety depend on us! If you use online wallet like myetherwallet, then your money is not safe enough. Because myetherwallet got suspicious activities last year, this year and may will happen in next year! Myetherwallet is very easy to hack for the hackers!

So, I would suggest you to spend almost 135 USD and buy a hardware wallet. In hardware wallet, Your money will remain enough safe. So, It depends on us.
romero121
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August 19, 2018, 11:03:08 PM
 #504

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 there is very many of hackers and but also if you would be safe enough and secured you can be no worried about them, because following the rules very simple you would be secured.
There is no safe money because even in the banks you can still lose the money. A lot of hackers living in a dirty world so if you don’t want to become a victim start protecting your important details now and also your cryptowallet. We control our wallet and we should protect it.
Agreed, safety is always a questionable thing everywhere. Each user has got their responsibility to keep it in a secure manner as much possible. Maybe this needs additional care, but what we do to safe guard our portfolio will be more important as the breaching has increased a lot over the years.

jerowacik
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August 19, 2018, 11:04:52 PM
 #505

There is no safe investment. Always remember that crypto-investment is very risky. Do not invest more than you’re ready to lose at any moment.
nobetci
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August 19, 2018, 11:06:54 PM
 #506

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 spend a little time to the security of you coins, you can have a better protection. In my opinion, you can use hardware wallets to have a better protection for your coins.

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SaoAccel
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August 19, 2018, 11:50:25 PM
 #507

Our money are stored in a crypto wallet which acts like a safety deposit bank that we put our valuable belongings.Cryptocurrency wallets work pretty much the same as a normal everyday wallet that we use to store our money but has a twist instead of having it as a physical wallet we carefully guard it as our digital keys. So in conclusion, our wallets is developed to be as secure as we know it since it is used for keeping our treasured assets. It depends on how you keep them.
veinspeak
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August 20, 2018, 12:11:09 AM
 #508

well, krypto is fluctuating a lot and anything can happen.
juljon18
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August 20, 2018, 12:30:37 AM
 #509

Your crypto is very safe as long as you take proper security precautions.  Most of the hacks we hear about are people being sloppy with their security and not true hacking incidents. 
dedi joni
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August 20, 2018, 12:34:19 AM
 #510

If you decide to invest in the long term I think crypto you need to choose the proper crypto, because crypto  not all suitable for the long term. We know this investment very risky because the movement of the market very quickly. You should see the market every day to convince you not to accept losses.
princeyeboah
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August 20, 2018, 12:39:13 AM
 #511

Money kept in crypto is one of the safest way of keeping money with full security in the total care of the wallet holder. How best a wallet holder protects and keeps safe the login details to the wallet determines the security level of the money in the wallet.

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ahasan909
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August 20, 2018, 06:24:33 AM
 #512

It is safe as long as you are careful and know what you are doing, most of the problem comes from the user negligence of security and they don't think that they need better security. 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.

It's always healthy please really are conscientious and additionally figure out what you are carrying out, lots of the condition was produced from the individual negligence about security and safety where they don't believe make will want more suitable security and safety. If you need to your income that should be safer afterward it will be safer to stash your income on the mortgage lender however, the key appeal on your finances don't cultivate very the can get rid of excess it will be an appeal to make sure you inflation.
madoka
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August 20, 2018, 06:27:13 AM
 #513

Cool stockpiling of digital money. This kind of sparing computerized cash is called chilly in light of the fact that the gadgets on which the digital forms of money are found are not associated with the Internet. This reality bars the likelihood of hacking your record by digital hoodlums. Capacity gadgets might be outside hard drives and unique equipment wallets, which are made particularly for this reason.
Dodongbtc111
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August 20, 2018, 06:28:32 AM
 #514

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 agree with that fact already. But we all understand that when the time we set our foot in cryptocurrency we all understand that it is already taking risk. Risk is everywhere in cryptocurrency but we are still here.
kelamiyoui
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August 20, 2018, 06:47:17 AM
 #515

From my opinion it is the safest place for your money because only you can move them and have an influence on their future, banks and other 'real' organisations can't give you such chances.
last7minutes
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August 21, 2018, 08:29:37 AM
 #516

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.

Crypto currency is quite dangerous because the whole responsibility for safety lies with the person himself. Even with an experienced user hackers can crack the wallet and he will not be able to recover his funds.
maronalex2
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August 22, 2018, 11:00:04 AM
 #517

The level of their security is hard to analyze but I think that it is better to hold them in crypto than at home or in banks and so on, there are more chances here.
esportseco
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August 22, 2018, 11:01:30 AM
 #518

If you leave your money in the exchange that is asking to get burned so be cautious and do not keep your money on exchange sites.
jaicos88
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August 22, 2018, 11:06:20 AM
 #519

I think we invested in Crypto even though for years we were fine too. because we also believe that investing in Crypto is also a positive investment that we use.
localcrypto
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August 22, 2018, 11:38:46 AM
 #520

nothing is safe in the crypto world we should keep accounts in step 2 verification and google authenticator is must for safety
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