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Author Topic: I'm afraid of losing money  (Read 5439 times)
bagikoin
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November 05, 2018, 07:13:50 AM
 #601

I think it is a risk. lost in the crypto is a reasonable thing to happen. When looking for security then maybe the bank be the solution you are looking for and instead of crypto. just because of the fear of losing will not make can survive and it stifles free expression to be crypto in to get results.

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Dewar Noise
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November 05, 2018, 08:14:57 AM
 #602

in my opinion each wallet has a risk of being hacked each, actually safe or not depends on how we use the wallet, if in the MEW wallet there is a private key that we have to keep as safe as possible because it is the most important thing in the wallet, you should not be too often open the wallet using the private key, if you only want to see the balance in the MEW wallet, you should only use the wallet address, when you want to transfer the coins in the wallet, then we use the private key.
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November 05, 2018, 08:30:29 AM
 #603

Hey, guys!

I become more and more nervous about my crypto safety.
I used different wallets for different coins before and now I want to choose one wallet for everything.
I have Bitcoin, Ethereum and Ripple.

The point is that even the biggest and as I thought the most reliable wallets have problems these days.
Money disappear somewhere, there's problems with access and withdrawals.

Can you recommend me a good, safe and reliable wallet, please?
I'm sure you have more experience in it.
Blockchain.info, myetherwallet, among many others, i believe you can trust guys with good reps who have been around for so long. Other than that,  keep your private keys safe

ripple
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November 05, 2018, 08:34:51 AM
 #604

The wallet that I use is safe is myetherwallet, because so far I feel very safe and unhindered when using or storing crypto assets that I have, but also must remain vigilant about fake addresses to trap and cause crypto assets to be stolen by irresponsible people answering . for example like some time ago who felt lost because it was not accurate when opening a web address.
but I also saved bitcoin in the nano Ledger wallet or Tresor offline.
I'm using Myetherwallet and I think this is a safe wallet. This wallet is certainly very important to those holding coins. Because now a lot of people lose a token when storing the wallet. You will be able to store the key where it is safe. Avoid letting others see your keys

Maricel2017
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November 05, 2018, 08:35:51 AM
 #605

in my opinion each wallet has a risk of being hacked each, actually safe or not depends on how we use the wallet, if in the MEW wallet there is a private key that we have to keep as safe as possible because it is the most important thing in the wallet, you should not be too often open the wallet using the private key, if you only want to see the balance in the MEW wallet, you should only use the wallet address, when you want to transfer the coins in the wallet, then we use the private key.
Yes i agree with you, we should need to take more care using our wallet and sharing your private key is not prohibited but make sure you share it to your partner or to your parents which what ever happen the fund will recover.
I think all of us are afraid to lose our money that is why we need to take it place at the right wallet or invest in the right project that has possibility to return our money with profit and also important is do not be greedy.

nadyn
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November 07, 2018, 09:08:01 AM
 #606

This fear of loss is familiar to all of us. If you are talking about security of storage, this is certainly hardware wallets such as Trezor and Ledger, and never in a hurry, weigh each step.
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November 07, 2018, 02:13:16 PM
 #607

Buy a hardware wallet then. Alternatively, you can acquire a cold storage on the exchange like CEX. Or you can combine storing some of your coins on a wallet and on an exchange. I am storing the majority of coins on CEX because it's both convenient and secure. I like buying major coins and smaller ones like dash there (https://cex.io/dash-eur) and leaving them there offline.
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November 07, 2018, 03:29:32 PM
 #608

Many are also afraid to lose their money. Who would not? I suggest you to avoid clicking links that are being sent to you and I am recommending you to use hardware wallets like Ledger. You can assure the safetiness of your money there unlike private keys that are prone to hacks.

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November 07, 2018, 03:32:11 PM
 #609

If you are afraid, then the mind is present in your head. Working with cryptocurrency is very risky. And those who understand this, make the right decisions.
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November 07, 2018, 04:03:50 PM
 #610

Firstly I will like to advice you not to put all your asset in cryptocurrency. It's just like putting all the eggs in one basket. The basket may got damage or fall and the content spoiling, so exactly this is the way putting all asset in cryptocurrency wallet look like. So on the wallet you use to do. Secondly, you should consider using the ethereum wallet (imtoken)
We can put all of our properties into cryptocurrency but we are not putting all into a cryptocurrency. It is a taboo for investing and the reason is the same as you say. Use all your assets and buy a variety of altcoin, it will be safe

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November 07, 2018, 04:09:34 PM
 #611

when you are afraid of losing the money you have then you should not enter the world of trading and you should when trading should know the possible risks you can get when trading. trading for beginners will definitely lose some of your money because they don't know the right way to trade.
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November 07, 2018, 08:45:17 PM
 #612

Fear of losing money is at all, this is normal. But this feeling should not control you if you want to earn enough money in people of the region, especially in the field of cryptocurrency where there are big risks. Just do not need to risk everything that would fail to keep afloat.
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November 07, 2018, 08:49:24 PM
 #613

If you cannot afford to lose your money by any kind of investment, they are not for you, and cryptocurrencies too.

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Sama517
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November 07, 2018, 08:57:38 PM
 #614

Hey, guys!

I become more and more nervous about my crypto safety.
I used different wallets for different coins before and now I want to choose one wallet for everything.
I have Bitcoin, Ethereum and Ripple.

The point is that even the biggest and as I thought the most reliable wallets have problems these days.
Money disappear somewhere, there's problems with access and withdrawals.

Can you recommend me a good, safe and reliable wallet, please?
I'm sure you have more experience in it.
Have you tried any of the hard wallets such as trezor? It cost about 200 USD to purchase one including some other accessories. It is quite expensive though, but it worth the price as your coins will be better secured.

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Question123
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November 07, 2018, 09:00:03 PM
 #615

Everyone are afraid of losing money. Mostly of the coin that you mentioned which is bitcoin, ripple and ethereum most of them sre stored in coins.ph wallet it is wallet for the philippines and other country so if you use it is gpod to store your coins.

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Tope559
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November 07, 2018, 09:04:03 PM
 #616

IT is so hard to make money than to allow hacker to withdraw what you have in your wallet. Everyone is afraid to lose money. I have been using imtoken wallet for my alts from the begining and its have been reliable. I dont play with my private key
nityans
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November 07, 2018, 10:36:48 PM
 #617

It is not necessary to store all coins in one place, it is safer to use several different wallets. Choosing a wallet is your individual decision and depends on your preferences.
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November 07, 2018, 10:40:31 PM
 #618

The funds you are not trading with it is the safest to be stored on a hardware wallet. Do not keep your funds on
exchanges if you are not trading with them. U use  Ledger Nano S  as it ensures optimal security.

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November 07, 2018, 10:56:49 PM
 #619

It seems to me that the best option would be to use different wallets for coins, and not one for all of them, it's very risky and you can lose everything at once, even better to buy a Ledger or Tresor, this one is worth it.

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mistemb
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November 07, 2018, 11:02:19 PM
 #620

yep that was my concern a year ago when evrything and everyone getting hacked or phished i suggest you should check trezor they can deliver it within a week or 2 they can store what coins you currently have + all of erc20 tokens
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