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Author Topic: I'm afraid of losing money  (Read 5441 times)
Fheya
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November 23, 2018, 07:54:40 AM
 #801

MEW in my opinion, it is very safe to store your coins. And as long as I continue to keep the coin in the wallet of MEW. And coins I stay safe and not diminished. But if you're still afraid of losing money, of course, you should try to learn and understand further crypto.
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November 23, 2018, 08:18:12 AM
 #802

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.

I have two different smartphones: one for storing money and other for everyday use. That is how I make sure that nobody is able to hack me.
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November 23, 2018, 08:21:35 AM
 #803

Everyone is afraid of losing money, many friends are using Ledger, I think you can try to use it to save your crypto! But I think the crypto wallet is not absolutely safe!

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November 23, 2018, 08:22:12 AM
 #804

Most people are like this. It is normal to invest and lose money. You must be courageous. Only those who dare to take risks can get more profits, or you can wait patiently.
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November 23, 2018, 08:26:22 AM
 #805

If you are afraid then it is good to stay away from the crypto trading because those who face risks will always make a good profit through cryptocurrencies. There is a downfall in every market but we need to be very careful in choosing the coin list in order to increase your portfolio.
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November 23, 2018, 08:26:26 AM
 #806

At the first time, i am like you. I am affraid of to losing money but nowadays i got used to this situation. But first thing you have to know when you are doing investment, if you affraid of losing your money you can not earn money.

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November 23, 2018, 08:28:48 AM
 #807

Everyone is afraid of losing money, many friends are using Ledger, I think you can try to use it to save your crypto! But I think the crypto wallet is not absolutely safe!
ledger wallet one of hardware that has high security as long as we know how use it.and dont let people take our ledger and the key.so wallet security depend on our ways.

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November 23, 2018, 04:31:29 PM
 #808

If you want to get massive returns then you need to get out from your comfort zone. Cryptos is only for risk takers. If you are afraid of earnings or returns then you should go for traditional investment where you will get stable returns. Don't bother about the losses. Cryptos is all about timing. Just hold your investment and wait for the best time.

I think there's no point in selling coins at the bottom. Wait a year and your investment will grow of course If we are talking about liquid coins. The market is very unstable and oversold now.

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November 23, 2018, 05:24:42 PM
 #809

Now I'm using Blockchain wallet, coinbase and O3 wallet. I don't know which one is more trusted wallet. Still I don't find any wallet which support every coin with secure.
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November 23, 2018, 05:30:54 PM
 #810

You can use hardware wallet like trezor or ledger nano.
It must be safe than exchange wallet cause you own your wallet on your hand

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November 23, 2018, 05:35:42 PM
 #811

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.
if you want to be safe, use a wallet in the form of hardware, like Trezor. and if you want to use your wallet online, use myetherwallet. safe or not all depends on you who use

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November 23, 2018, 05:43:17 PM
 #812

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.
Well, if you're so afraid of losing your money I think you need to buy a Ledger, only it can provide you with a greater guarantee of safety

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November 23, 2018, 05:48:58 PM
 #813

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.

The most reliable storage place is at home under the pillow.  Transfer everything to cash and keep at home, you will sleep better and worry less.

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nangiarushali
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November 23, 2018, 05:49:19 PM
 #814

Undoubtedly, everyone is. No one is fond of facing loss. Also, truly speaking i am also facing the same problem and confusion. I would also be grateful if i too get a solution because of your query.

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November 23, 2018, 05:54:55 PM
 #815

I would say go with your previous startegy. Keeping all you coins in one wallet increases the possibility of loosing all your money at once. If you have different wallets, and by chance one gets hacked , you have another one too as a backup.

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November 23, 2018, 07:31:57 PM
 #816

The most reliable storage place is at home under the pillow.  Transfer everything to cash and keep at home, you will sleep better and worry less.

Then it is better to have a personal safe and keep all the cash at home. The main thing to remember is that no one can spread on this account, and hire trusted cleaners. And even this does not guarantee that the currency in your safe at some point will not depreciate.
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November 23, 2018, 07:48:59 PM
 #817

I think all investors afraid of this so stay calm and try to bepositive about your investments
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November 23, 2018, 07:52:27 PM
 #818

Today I don't afraid already. Now I think where is to get more money to buy more alts  Grin Maybe this discount period will continue till Bakkt was started. But it will happen not earlier then Jan '19. That's why we can see another dump for market and for our portfolio
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November 23, 2018, 07:53:28 PM
 #819

Then just do not buy cryptos anymore, that is the only thing that you can do at the moment, why would you keep buying if you are always losing?

Wait a few more months from now, take a look at the market when bitcoin is at $3000, and then buy as much as you can.

Wait two - five years, and you will be happy.

It is simple as that.



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November 23, 2018, 08:01:57 PM
 #820

Then just do not buy cryptos anymore, that is the only thing that you can do at the moment, why would you keep buying if you are always losing?

Wait a few more months from now, take a look at the market when bitcoin is at $3000, and then buy as much as you can.

Wait two - five years, and you will be happy.

It is simple as that.


Even if bitcoin drops to $ 3000, this does not mean that They will not fall below. The cryptocurrency market is difficult to predict, but there will always be those who can earn at any of its trends and there will always be those who will be dissatisfied.

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