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Author Topic: How safe is our money in crypto?  (Read 7714 times)
kiansantan
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September 26, 2018, 03:31:09 AM
 #981

I withdraw large amounts of money from my wallet and leave only a few transactions. I would rather save money on exchanging crypto.About the security of money in crypto, I would say that I did not lose money from the wallet or from the stock exchange.
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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AiloveYouks21
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September 26, 2018, 03:32:32 AM
 #982

There is no guarantee in crypto currency, you will not get any protection if you lose money.
AshleyCarter67
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September 26, 2018, 03:39:45 AM
 #983

To keep your cryptos safe, you should invest in it and keep them in online wallets like Blockchain.io. I think this is the best wallet I have used, their security features are very advanced and you do not have to be afraid that will be hacked by hackers.
SimonJones
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September 26, 2018, 03:40:58 AM
 #984

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 only crypto currency, even our fiat money is not safe if we are not careful. We should follow the privacy rule properly to keep our account safe.






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September 26, 2018, 03:49:37 AM
 #985

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.
As long as the key of the cryptocurrency is not revealed on the network, I think it is safe unless you forget the password.


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rhomzkie26
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September 26, 2018, 04:05:23 AM
 #986

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.

Hackers and scammers are every where, and I think we can't do nothing about them, except of being careful of the decision we are going to make in terms of investing here in crypto, because all here has risk involved particularly money involve. so, if you want to invest on crypto you must buy first in the exchange which are legit of course like Binance, kucoin and others after that keep and save to safest wallet like MEW or known as myetherwallet ot ledger nano.
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September 26, 2018, 08:06:19 AM
 #987

Security in cryptocurrency is exclusively your task, so everything is in your hands, or rather in the flexibility of your mind. This is where it all ends.
erox
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September 26, 2018, 08:07:34 AM
 #988

I think the safety of your coins is up to you. From how well you store your wallets, private keys and passwords.

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briton
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September 26, 2018, 08:11:18 AM
 #989

actually the safest way is by installing various kinds of protection for a wallet that we have. and don't forget that we are always vigilant in acting. do not let the later us quite the sloppy data inputting wallet carelessly.
Panteleymon
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September 26, 2018, 08:31:14 AM
 #990

There is no absolute guarantee that your savings will be safe. You can bring this chance to 100%, but there are always exceptions. The question is where they will be more safe from both thieves and crises. Ideal options do not exist, of course. Crypto currency is one of the options, but so far unstable. Rather, you can use the crypto currency as a source of increasing profitability, and not for storing savings.
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September 26, 2018, 11:45:33 AM
 #991

I think it's as safe as keeping them under the mattress. You really should lover your spouse is still there to throw money.
JuliaJi
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September 26, 2018, 08:25:25 PM
 #992

two my wallets was hacked and stole money, I bought ledger , hope it will be safe , but if no - I will dissapointed in all crypto world
therhslv
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September 26, 2018, 08:28:21 PM
 #993

two my wallets was hacked and stole money, I bought ledger , hope it will be safe , but if no - I will dissapointed in all crypto world

Can i know how it was hacked ? If you did browse some strange webpages or did get some Virus then yes i believe you was hacked after that . But to lets say guess / hack private key there is just very , very small chance to do it . Almost the same to win National lottery 7 times in a row Smiley
kalashnikovski
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September 27, 2018, 11:54:44 PM
 #994

If the risk is very high, income will be higher too, it's a life.  In reality also maybe probability stealing your money. Nobody prevents to lower the risk of larceny of income with the help of a lot of wallets and complicated passwords.
lornadane
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September 27, 2018, 11:59:47 PM
Last edit: September 28, 2018, 01:42:28 AM by lornadane
 #995

Actually, everyone needs to keep their crypto in a safe zone. I think it depends on us. If you keep your crypto in Myetherwallet or in exchange for a long time, then I would say your crypto coins are not enough safe. If you keep your crypto in a hardware wallet then you can be sure that your coins are in a safe zone. So, It is up to us. So, The question will be, How aware you are about your crypto?
Gatsby club
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September 28, 2018, 12:28:40 AM
 #996

There are several things that every professional should have connected with crypto-currencies, and one of them is a hardware purse for cold storage of crypto currency.

3lyntmy
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September 28, 2018, 07:03:53 AM
 #997

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 think hard wallet will be safer right? impossible hacker can hacked our hard wallet  Grin
eekkaa
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September 28, 2018, 07:36:19 AM
 #998

I think to be able to secure the assets that you have on cryptocurrency you can save them depending on the coins you have when you have a platform like bitcoin so you can save it on the blockchain but if you have assets created from the smart contract base from ethereum then you can save it on myetherwallet.
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September 29, 2018, 09:02:48 AM
 #999

Much depends on where you keep your coins. Some wallets and exchanges are not reliable. So that’s why I try to be as careful as possible to avoid getting on fishing links of something like that. My friend lost all his coins on a exchange, because his account was hacked.
ser54gold
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September 29, 2018, 09:04:27 AM
 #1000

Crypto has some risk factors to loose your money. I think choosing a good coin is a way to benefit in Crypto. But you can avoid it by taking proper precaution. And Have you heard how much bank frauds had there been in the history? The most rampant these days is stolen identity. There is nothing safe on money so you just have to always keep your guards up.  Wink
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