Hacking kills the cryptocurrency market

[cathat]

I guess not. They show weakness even at the level when the industry is just emerging. Can you imagine what would happen if we found this hole when the market capitalization would have reached 1 trillion dollars?

[Checkoi]

I very much hope that next year there will be more fewer hacks and new investors will come and make money in this market.

[CASTIEL05]

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 agree with your opinion. Hacking disrupt the industry of cryptocurrency. If we are going to make a survey, 30% of users does not want to delegate their safetiness in exchange or digital wallet. When it will be stopped? Many people expect that cryptocurrency will be a vital asset to keep our money. Well, we don't want to be hacked maby times, that is why we need to invest in most anonymous and secured coin like monero.

[Mabinat]

I have never been hacked and I hope that this will never happen because it would be very bad

[vallydelly]

Yeah sure I have been when i joined the space newly, i was only a novice and didn't know much about wallet, I was hacked through airdrop that made me put my private keys in a site,

[RareFortune]

Hacking is really one of the main problems in cryptocurrency space that is why we should be aware of any program or site that the hacker's use. Exchanges are of their targets because we all know that there are lot of funds inside the platform that is why some exchanges has hire their own IT experts to help them avoid hackers.

[Febo]

Hacking kills the cryptocurrency market

I totally disagree with that statement. Cryptocurencies will actually killed or at least severely damage hacking. Now with crypto internet security become much more valued. And lots of investments is put into developing better security. All that will build more secured internet and much harder space fro hackers.

[Miklight88]

Among the market situation we had so many obstacles in the crypto space which hacking is a very one that has made a serious dip to the market and has really affect many , also the scam of a thing has also dent many investors, cause many claimed to be hacked but they are not hacked as they used that as a way to break through, no exchange will ever return any funds to you if hacked , that is why is good to know where to put your funds and trade safely as many exchange are here to scam people .

[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 there is also one factor that can affect to the market negatively, if people forget their private key and think if they stored too much crypto in there. There is no circulating supply in it and I think it can affect in some ways.

[laguseklik]

well, some market exchange has huge trading fee and withdrawal fee. that can be another reason why the market got killed

[Experia]

hacking is a threat to crypto and Im agree with that many exchange got hacked and after that the price drops meaning investors are in hesitate because they are afraid that they would lose their money and as we know hacking can happen anytime especially when the security is weak.

[cewekimut]

Hacking is indeed one that makes everyone afraid of losing the assets they have. My experience is losing the coins that I keep in my wallet. And that made me suffer losses and now I am more careful. And save assets in several wallets to make it safer.

[paveel90]

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.

Cryptocurrencies of course help us to earn. And they help hackers to earn too. But I do not think that in the end they will have too strong an impact on the market, it's impossible

[aioc]

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.

So far I have no bad experience in being hacked and I don't want to fall victim to that, yes it's a big factor and we have seen that happening to many exchanges and wherever there is a breach in the security expect the price of Bitcoin to fall real hard this is one issue that needs to be resolve.

[rachman mahesa]

Of course that will happen, hackers will sell what they get from the bad treatment. And this will result in the crypto market. Whatever the price at this time they will immediately sell. thanks to all that will dump the crypto market. So from that we have to be careful of hackers

[Krismanto]

Not all exchanges can guarantee security for your coins and if your money is lost, they will not refund your money. It's better to be careful not to try something new without doing research. Indeed hacking will be a serious problem when you keep coins in your wallet, it's better to be able to keep the password lock correctly.

[3lyntmy]

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.

remember log out every single web every times

[Fredomago]

Of course that will happen, hackers will sell what they get from the bad treatment. And this will result in the crypto market. Whatever the price at this time they will immediately sell. thanks to all that will dump the crypto market. So from that we have to be careful of hackers

From that point investors will begin again to wait, as hackers will easily dumped what they've got bringing the value to fall a lot, it will take time for the value to cope up and investors interest will be lessen so people who still believe needs to make a proper set up and plans in order to survive inside this
unpredicted market, the more the value fall the more we need to hold as new investors will come along the way.

[seramania]

sometimes if hacking is done in large quantities and sell coins the size of a hack on a large scale I see this will definitely kill the market. but we need to see if the market situation is destroyed sometimes due to various factors and hackers being the cause of a small part of the destruction of the cryptocurrency market

[alexsoul]

When it comes to the security of your assets, you should first of all be concerned that they are safe. The most secure way to store cryptocurrency is your software or hardware wallet. In no case do not store your tokens on centralized exchanges, and your private keys and passwords on network resources.