Hacking kills the cryptocurrency market

[mr.robot8]

luckily it has not happened to me yet but i am aware of the great danger and i take my precautions such as for example use only big exchanges that i can trust (bittrex, binance) and for what concerns the security of the wallet i only do offline transactions

[1714800557]

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[nizamcc]

This is mostly due to your inattention. If you were more careful and watched your actions, most likely this would not have happened.

[DragonETH]

One day my wallet just broke down and I could not get access to encryption. Because of this, I lost some of my savings. Be careful with hardware wallets.

smartphone manufacturers are starting to release smartphones with built-in hardware crypto-wallets. whether they will guarantee that the product will not bring a loss is unclear yet.

[drrekkty]

Yeah, crypto market has connection with hackers,but won't be affected by them in a significant way.
That's why I don't pay attention to this even though I lost money on hackers

[Tarion]

It is sad to hear that so many people were scammed and we should be more careful with out data and it is a must for every investor in this industry to diversify your funds. Keep your funds on a lot of different wallets and exchanges.

[jaywizzy]

I have never been hacked for once and  pray not to be in such situation but have heard series of such incident. This is my  advice for my fellows in this business that we just to be vigilant in any transaction we are doing because scammer are over the place now.

[Unplugged]

Hacking is actually a cyber crime. And any crime done is against humanity. It's just sad that people still do bad things to innocent people just for their own's sake. I get that selfishness could sometimes be a nature to human beings, but let's all try to be considerate in other people's needs and feelings. You probably wouldn't want this kinda things happen to you, so why do it anyway?

[RockHenki]

I have not encountered hacker attacks ever but watch the news also heard that the hacker is so horrible I have some advice for us in the market crypto. Choose companies that are reputable entrepreneurs. Support is essential for you to enter the profession. And most importantly, learn and be careful of what you do. Errors leave the price is not small.

[EducoinVietnam]

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.

I think it's a little different. Hackers rather undermine the trust of investors and nothing else. It seems to me that after all, now the cryptocurrency market is at a standstill for a completely different reason

[mitsarasss]

Both my Wife and I have been hacked in MYETHERWALLET and also on exchanges and two developers stole a lot from my Wife. Do NOT trust anyone on the internet, especially in crypto, most are out to steal whatever you have. Telegram groups are full of stealing bots and also even in the bounty sections we are getting people cheating and trying to steal our content and identities. There are big gangs of thieves lurking even on this forum, trying to steal whatever you have. TRUST NO ONE! That is my advice to you here. This is what is putting off mass adoption in crypto right now, too many negative and rogue elements that need to be weeded out first before we can invite others in.

TRUST NO ONE, but yourself.

No one except you will define a scam, will not hack the stock exchange, will not protect itself against unnecessary risk of loss. This is a crypto market,
here your security depends only on you, on your attentiveness and mental skills. This is not a bank with cameras and huge safes,
this is a digital environment where the safety of your funds is in your hands.

[Debonaire217]

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.

I think in all aspects, hacking can really devastate a technology. Hacking is about interferring to the source code and manipulating it. In the case of cryptocurrencies, hacking is very dangerous. Though, blockchain is not that vulnerable, wallet address can be access if we are careless about its security.

[jyotianand01]

I face the hacking of myetherwallet once and lost many coins but never happen this with my any exchange accounts. Now i a using hardware wallet and it is fully secured from these issues.

[darefreads]

It was so funny to me  what I experience when I started to trade my Coins in a exchange and ask for to help in an admin in the telegram group and ask for a guide to their exchange to trade after asking it someone ask for help too and after some conversation his asking for some payment and I use to follow it and I realized that the amount that she's asking for payment is bigger value than what I will trade then ask the admin and the admin say's he will Block it  after he ask she's name. That's why I'm very careful to any people who i'm talking to by now.

[veekky]

It doesn't kill, it makes crypto holders stronger.
I've started to become interested in technical details after has been hacked and now my security is stronger!

[lutcor]

No, I am categorically against such an opinion, because I also think that today very often people simply underestimate the possibilities of hackers, the whole system can be subjected to a hacker attack that can be destroyed, such systems must be identified.

[powerglade]

i never experienced such things and i don't want to experience it, coz i know someone who that's been hacked and all his earnings got stolen from his wallet he was so devastated but he never stop investing. getting hacked doesn't kill crypto it only makes crypto holders and investors stronger and smarter to be careful every time doing transactions.

[StatesManG]

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.

I have not been hacked, but that didn't kill cryptocurrency.  Every other financial agencies suffers hack too and still survives

[BartS]

The number of hacking cases certainly makes investors afraid, this proves that a strong security system is not perfect, of course after hackers can take their accounts immediately sell, making the market difficult.

Hackers are making more difficult the adoption of cryptocurrencies in general, but they are not such a big problem as many people make them out to be, if you take the time to secure your coins and you make sure that your wallet is only online when you are going to make a transaction then the chances that a hacker can get access to your coins are incredibly low, in my opinion a greater risk that we are going to see forming in the future is the robbery of your coins by the usual methods.

[Cashi]

1- Ever been hacked?

No

2- Lost your coins in an exchange hacking?

No

3-Did the exchange pay you back for lost coins?

see above

Please share your story, and give some TIPS on how to avoid being hacked.

My TIPS:

- don't trade on shitty exchanges, only if the shitcoins are not listed anywhere else
- don't store your funds on exchanges
- never send p2p first if you don't know the user, better use a trusted escrow of Bitcointalk

[hanomnom]

Do not worry about the fact that some hackers several times hacked wallets. This is not a good enough reason for the cryptocurrency world to die. The best thing is not to look for the reasons for the decline, but to look for ways to earn money on the market