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Author Topic: How safe is our money in crypto?  (Read 7683 times)
sulec70
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September 20, 2018, 08:47:06 AM
 #901

I am very positive about cryptocurrency and safety. I think it's safer to use paper wallets or hardware wallets, because they are not available for hacking unlike using your private key. and try not to participate in any airstrip you see or open any links that you see online. I save money in crypto with long-term investments. while others sell and monetize after every successful trade, I raise capital and invest even more.
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Adhichan
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September 20, 2018, 08:49:31 AM
 #902

I am very positive about cryptocurrency and safety. I think it's safer to use paper wallets or hardware wallets, because they are not available for hacking unlike using your private key. and try not to participate in any airstrip you see or open any links that you see online. I save money in crypto with long-term investments. while others sell and monetize after every successful trade, I raise capital and invest even more.
you right dude, as long as they could not acces our hardware wallet our balance are safe and possible to steal our balance.i am prefer to use hardware wallet than online wallet .it is become risky since many hacking case.
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September 20, 2018, 09:03:30 AM
 #903

There have been many people who have experienced, that the money they lost because of them hacked. Of course, this is very risky and if you want to save some money is better for the Bank. But saving money in more profitable Cryptocurrency because when prices experienced a growth, of course, your money will grow.

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September 20, 2018, 09:08:14 AM
 #904

I've been hacked and I know that there will be no space of security in online word (if ever there is not to great) but the good thing is as you experienced you have learn to be careful. the only question here that supposed to be tackle is "Do you know how you can make your money safe in crypto?" Cheesy
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September 20, 2018, 09:13:15 AM
 #905

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.
Is cash safe? Even banks will have the risk of bankruptcy, isn't it? And cash will be stolen and robbed. Although the cryptocurrency is at risk of being stolen, I feel much better than cash.

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September 20, 2018, 09:20:07 AM
 #906

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 can't be 100% safe in cryptocurrency because there are lot of hackers trying to hack wallet everyday but you can still be safe to some extent if you have store your crypto in hardware wallet. Its very difficult to hack hardware wallet because private key doesn't go out of the hardware wallet.

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September 20, 2018, 09:30:41 AM
 #907

To make safe our money in crypto is to choose coins that have the chance to skyrocket in the future, that jam we have to think long term because many projects eventually become scams.
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September 20, 2018, 09:36:24 AM
 #908

thats why knowing cryptocurrency with excellent knowledge are a must before joining into cryptocurrency. knowing exactly how are blockchain technology works, what kind of benefit you will earn from cryptocurrency comparing with another currency investment, the most important thing is to know any kind of risk we will face in cryptocurrency. Even you are investor or profit seeker, those are obligation for every crypto enthusiast. Cryptocurrency offers more safety rather than other currency for long term holder investment.

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Aldi blackspade team
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September 20, 2018, 09:39:30 AM
 #909

To make safe our money in crypto is to choose coins that have the chance to skyrocket in the future, that jam we have to think long term because many projects eventually become scams.
if you are experienced in the trade world I think you must know which coins can skyrocket in the future. but unfortunately now the ico coin is not much in demand by investors. most prefer to trade crypto which is exchanged rather than ico investment.
tyronecoinbit
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September 20, 2018, 09:46:03 AM
 #910

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 this statement and I already victim that matter, I was surprise one time, when I check my etherwallet that my token worth a thousand of dollars has been transferred to somebody, without knowing how this could be happening, since I keep my private in safe storage. Hackers is really unbelievable skills and really mad to be one of his victim.
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September 20, 2018, 09:48:06 AM
 #911

saving the money we have in crypto is very risky, besides the many hackers who take all the money from a few people's wallets, crypto investment is also risky because if you are wrong in choosing a coin then you can also lose all the money you invest

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September 20, 2018, 09:48:23 AM
 #912

There is no place to save our money 100% safely. Storing in crypto currencies is susceptible to hacking. Saving money at the bank can also occur fraud or ATM burglary. All there are risks that must be borne in each choice. We can be safe in saving money in crypto currencies by ensuring that all of our security procedures are carried out properly. Besides that, we can periodically monitor the security of our crypto currency wallet. When we decide to save our money in the bank, it is safer if we save the money in the form of deposits so the possibility of burglary or fraud is smaller.

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KrakenZ
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September 20, 2018, 09:53:04 AM
 #913

I myself doubt when saving all my money in the form of crypto currency. I am afraid that there will be hacking so I think saving all the money in the form of crypto currencies is dangerous. More crimes are easy to occur in crypto currencies because the laws governing crypto currencies are not yet strong. In addition, crypto currencies are very easy to hack by very smart people so we can prevent them from keeping our money safe. We must do and ensure that all security procedures are carried out properly.
FurDich
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September 20, 2018, 09:56:28 AM
 #914

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 perfectly safe since its in digital form that uses data as a base of system that cannot be cheated or scammed on. unless of course, you insensitively divulging your sensitive informations which can be used as access to your coins like, private addresses.
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September 20, 2018, 09:57:00 AM
 #915

This is also my biggest concern, because I have been attacked by hackers, I lost some of my coins, and now most of my coins can only be placed in the "cold wallet"!

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September 20, 2018, 10:10:14 AM
 #916

Your cryptos depends on the wallets you are using to access to them. And it also depends on the softwares you have installed on your computer.
If something has been hacked, your money is not safe. It also depends on what action you are doing on your computer.
It is difficult to trust an application, but we have to trust them to be able to use cryptos.
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September 20, 2018, 10:23:58 AM
 #917

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.

not all of them can be hacked by them. According to me, for those who save digital money in this system it is better to increase security. by using several features, for example using authenticate or GA google. I think by using the feature, the money you save in digital currency will be very safe and cannot be hacked.

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September 20, 2018, 10:35:24 AM
 #918

nothing is safe in this internet world, but at least we minimize to avoid hacking crime namely is saving money crypto in hardaware wallet

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September 20, 2018, 11:04:02 AM
 #919

It's probably more safe than having it on banks, except if you have by your side paper money, that is more safe than crypto and banks until you get to the gunpoint.

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September 20, 2018, 11:12:32 AM
 #920

It is Bit risky to invest here as the coin gets converted into digital form and some times you may not get the invested amount back as there are fluctuations in the market but you should take the risk in investing and trading then you will get a good amount of profits and also there are many hackers ,so the wallet should have a good security so that your money is safe.
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