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Author Topic: How safe is our money in crypto?  (Read 7714 times)
dmgrinko1@gmail.com
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September 06, 2018, 08:32:17 AM
 #741

Do not forget that this is an investment. You must be careful with your money. Do not invest in bad projects. You must understand that you can lose money. These are risks and therefore one needs to be cautious when investing in cryptocurrencies. Invest only in good projects that will be interesting in the future
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HaFiiSs
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September 06, 2018, 08:39:38 AM
 #742

Any money and anywhere, there must be risks. There is a risk of cryptocurrency hacking, we must personally take security measures individually. The risk of wrongly investing our money can be a failed or scam project, the risk of failure, etc. But even if there are still many advantages of cryptocurrency, we just need to be extra careful and watchful.
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September 06, 2018, 08:43:06 AM
 #743

Any money and anywhere, there must be risks. There is a risk of cryptocurrency hacking, we must personally take security measures individually. The risk of wrongly investing our money can be a failed or scam project, the risk of failure, etc. But even if there are still many advantages of cryptocurrency, we just need to be extra careful and watchful.

The money is not 100% safe but at least while we stay safe and we don't to things that can risk our assets then I think we are safe enough but not 100%.
Staying away from viruses, randsomwares, staying in clean devices, using some things only for wallets, making backup and testing if the restore really works.
rightway00372018
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September 06, 2018, 09:13:13 AM
 #744

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.
[/quote

Agree, aside from risk of hacking incident which is rampant nowadays our crypto currency is not safe from price volatility most especially if the crypto market is very weak and we can't really sure when it happen so we can be ready of the huge fluctuation.
Accts4u2
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September 06, 2018, 07:53:17 PM
 #745

As safe as your money in any other investment. With cryptos though, the safety of your money depends on you and how well you secure the wallets that you are storing your coins in.. Always make sure that you are using the right wallets to store your coins, make sure that you are sending coins to the correct address and make sure that you do not use exchanges to store your coins

4garret
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September 06, 2018, 09:36:10 PM
 #746

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 it's true, because cryptocurrency is not like a bank. crypto is an investment place, where the price can go up and down anytime and unexpected. therefore don't ever spend your money in crypto, because there are too many risks here.
byteminr
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September 08, 2018, 11:49:58 AM
 #747

I think it's very safe, because of the high level of security that Blokchain has is very trustworthy and proven, it's just that some people from crypto holders are not careful or open a pishing address, so the crypton account or wallet is hacked by irresponsible people.

Our money is safe in crypto if we just know how to keep it properly. By using a strong password and changing it often will help us secure our money in our e-wallet, and better have a hard copy of our strong password in the computer.

Will be better if you save your keys not on your computer but on the paper
Computer can broke or be hacked
Specialforce
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September 08, 2018, 11:57:46 AM
 #748

Well sometimes their are no gurantee that you will keep your money safe all the time but there are wyas to prevent it like buying a hardware wallet like a ledger and some sort and also not click anything from net and making sure that you know what you are doing

TpoJIb
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September 08, 2018, 12:09:45 PM
 #749

Hacking a wallet is not so simple it usually happens if you do not take seriously the security of your data

Xomukiw
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September 09, 2018, 08:55:40 AM
 #750

For reserve funds wallet im utilizing my old PC to introduce the wallet, and never associate it again to web, I made a reinforcement on 5 pcs of paper and safe it separetly, I think im 90% safe from online risk, yet for phisicaly danger im still valnurable. Yet, to trade wallet im utilizing wallet with 2fa so I think im enough safe as well
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September 09, 2018, 08:59:18 AM
 #751

if what you meant by safe is safe from hacker or any other cybercriminal, then i think it's quite safe. but if you prefer safe in market loss, then nothing "safe" in crypto market
insurgent
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September 09, 2018, 01:33:42 PM
 #752

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.

Safety of your money or your wallet relies on you. As a holder you should be careful in signing in devices or in signing using public WiFi. Also in clicking some links because it can lead to some sites of hackers. Just be careful enough in posting your data. But as I can see that the see in cryptocuurency the secury is safe

Abiodun99
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September 09, 2018, 01:44:19 PM
 #753

It depends on which cryptocurrency you invest in. There are a ton of cryptocurrencies out there and most of them are valued less. These less valued cryptocurrencies attract many people, not knowing that many of them could fail in the near future.
nicedreams
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September 09, 2018, 03:29:36 PM
 #754

Yeah, but it could be the same for your money in your bank at this IT age. Internet transaction, just one click to send your money from this bank to another bank in a different country. In the end, crypto is not safe but so is your bank.
gloomyz
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September 09, 2018, 03:32:11 PM
 #755

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 when we save money in some wallets it looks very insecure. therefore until now the safest is to save offline wallet like ledger wallet
Peashooter
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September 09, 2018, 03:33:42 PM
 #756

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.

Safety of our money is dependent to ourselves. Even in cryptocurrency or in real money.  If we are careless about the information and the action that we are doing our.money will be not safe. Safety of your money also depends on where you invest it. There are a lot of scams, if you dont have knowledege and simply just investing without doing any background checking then maybe your.money will be lost.
KobbyD
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September 09, 2018, 03:42:23 PM
 #757

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.
Aside from hacking, the money that you will put into cryptocurrencies can depreciate to a very low value. The luckiest thing is that, after taking on this risk, only one coin can make you rich.
Mypanara19
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September 09, 2018, 03:45:14 PM
 #758

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 you when you said that 'there are so many scammers around', but as long as we always make all our wallet safe and secure then I guess scammers wouldn't have a chance getting those tokens from other people. Keep all your accounts safe and make sure you enable all the security feature from your accounts and avoid clicking websites that is not safe becaise that's what the scammers do to get access with your wallets.
kingzonehtx
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September 09, 2018, 03:54:09 PM
 #759

The best way to preserve the token and coin is to put it in the offline wallet. There is no need to worry about having someone hack your wallet and take all the money
ethalliance
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September 09, 2018, 03:54:17 PM
 #760

I think they are safe enough to sleep at night. Crypto currency gives us a kind of guarantee for security. For this, quality wallets have been developed. So that everyone could be confident in their means.
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