How safe is our money in crypto?

[JembatanMerah]

did I save money in crypto have a high enough risk. to that end, should actually be careful in storing money in crypto. but all the risks can be minimized. because of the great benefits of having a reasonable risk.

[DisWhale]

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 can vouch for the security of money in cryptocurrency. Due to the decentralized nature of the entire crypto world, the total security lies in the care of the user or a wallet holder. Just exercise cautions and keep login details to your wallet safe and i can assure you, you will have a 99.99% security level for your crypto money.

[yeezycheezy]

not really safe but if you careful about phising sites and other hackers program you will get scam . its safe but your the one who will be safe it or store it

[ennave123]

Crypto currency is digital and none of us is really holding what we are hodling in this industry. Thus, being digital have so much way to breach. For me, our money is not safe here but it is for us to decide. I think this is one of the risk by gaining profit in crypto, all investments always has risk.

[r_uyab]

for me to save money in the crypto world for years and I have never been hacked, and it's also safe, so you also don't be afraid to do it.

[Anastasyia]

Crypto currency is digital and none of us is really holding what we are hodling in this industry. Thus, being digital have so much way to breach. For me, our money is not safe here but it is for us to decide. I think this is one of the risk by gaining profit in crypto, all investments always has risk.

I also agree with you, it's not safe if money is in Crypto but many people follow Crypto, that is their choice. if the profit or loss in my opinion is good or sustenance respectively. all investments will not always work, many people fail, but I hope you remain optimistic and are sure to make things easier.

[marksayson]

Honestly, when you convert or exchange your fiat money to a certain type of crypto, you endure a high risk of losing it. Because cryptocurreny is a volatile currency, meaning, it could instantly turn your money into bubble.

[spritJ]

I think you only need to put your cryptocurrency in your wallet and refrigerate your private key. Then no one can steal your property. It is very safe. Don't put your money in the transaction for a long time. Wallet.

[gabagandalf]

i think crypto is quite safe if you use good passwords and don't download everything to your computer. if you pay attention to that, crypto should be very safe.

[Redhead5]

As long as you know the basic security of using internet, you will be safe, like not downloading any files over the internet,  setting up your antivirus to be safe. And in crypto, you should store your private keys in very very private, always be careful surfing the internet.

Agree. In addition we can really assured that our money will be more secured if we are the only one who knows about our account and everything will be put into high confidential level always. And also a unique password is also needed to make it more secured from hackers ability of hacking. And be always vigilant when working in an internet cafe shop because probably many hackers are there surrounded around.

[dwwbit]

use hardware wallet, that is more safer than myetherwallet. bookmark sites and check for the url before use. there is a desktop version of myetherwallet you can use it. Other than that never share or use your privet key on web sites or share with others. metamask is good alternative option to handle Ether based tokens and ETH in safe way.

[matico]

The coin kept in a wallet that you hold  it's private key is safe. You shoukd also endavour to keep your fund off the internet if you are not using it to trade or invest! Practise safety procedure of checking website fir phishing and malware.

[jjeeppeerrxx]

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.

Everything in the world is risky, much more with cryptocurrency it is not safe to put all money in cryptocurrency as we all know the price is so volatile we might lose everything we have for doing such action. On the other hand, I agree that there are people who have bad intentions will try to hack an account just to get money from us.

I wonder how they hack someone's crypto wallet such as MyEtherWallet in which there's an encryption of the private key and other security features. Keep safe guys!

[leviafan]

Of course, it is possible that in the future cryptocurrency will become the safest way to store money. but now the situation is far from ideal.

[Drunken Lullabies]

its clear you should always be careful. don't easily give important data you have on anyone. save important data related document wallet, especially in safety. and unknown to anyone except you. because the wallet is equal to your account.

[hdtqisg]

Investment is always risky! To minimize risk:
  + Select projects that are likely to develop
  + Have a good developer team
  + Follow up and make the right decision with all relevant information!

[nurbay]

I agree with you.
At present, Cryptocurrency is experiencing a rapid development that makes many hackers want to break into money in the wallet.
There have been many cases that have happened but this is a very evil way.
People who struggle to raise money but are hacked by irresponsible parties.
We should be more vigilant and careful again.

[kahrde]

the main problem in crypto is indeed from the level of security, and this level of security is the main cause of crypto prices deteriorating, such as when exchange bithumb is hacked which makes people prefer to sell their coins because they feel scared and unsafe

[Babayan]

There is only one way to save your money in crypto - you should buy stablecoins during the market is falling. I think it is the best strategy.

[stevanGR]

Remember "no system is perfect". even if you put ur money in bank or anything
hacking maybe happens. but what i believe that crypto is safer than others. i never get hacked