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Author Topic: I'm afraid of losing money  (Read 5437 times)
Chronner
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November 25, 2018, 03:23:57 PM
 #861

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.

You can choose ledger wallet, it accommodates your asset as well. You can store your asset offline and online. You can find the tutorial how to use it on the youtube channel

Thanks for advice. I have so big variety of wallets already that were offered to me by forum users that I don't even know what to choose Smiley
The point is not what wallet to choose, but what method to protect your system to choose. Reliable firewall, accurate handling of mail and instant messengers, and you can safely use online wallets. There is still a good way - to use several wallets and store currencies in different wallets.

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dumplingsandsushi
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November 25, 2018, 03:24:49 PM
 #862

The absolute best wallet you can ever have is a paper wallet.
You will never get phished or scammed.
On top of that, they are free!
Of course, you could lose the paper wallet...but if you store it in a safe or security box no problem.
If you don't know what a paper wallet is or how to make one, there are TONS of faqs and guides on how to do it.

If you feel like paper wallets are not your thing, then the next best thing is a hardware wallet.
The only two brands that are good are Trezor and Ledger.
These are a little bit expensive, about $100 for one.
But they are secure, they support a huge amount of coins, and they are easy to use.

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November 25, 2018, 03:26:07 PM
 #863

everyone is very afraid of losing money, but if you are patient and know when the right time to buy and sell, then it will be very profitable, i think now is time to buy

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November 25, 2018, 03:32:05 PM
 #864

unfortunately for this period its really lost money. But need be very careful. I think now its moment to participate in bounty campaign and buy coins in market. important no panic. soon market will rise

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November 25, 2018, 03:41:36 PM
 #865

Everyone is afraid of losing their money , for this there is a diversification of risk that was not much panic and do not keep your money in one coin

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November 25, 2018, 03:49:08 PM
 #866

You see, at the moment there are no secure wallets, but the MEW wallet is currently the safest for me, of course, there are flaws in the security system, but the team is working to eliminate this flaw, it’s necessary to install this for a long time, and therefore many people resent and say wallet has become unreliable

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November 25, 2018, 04:14:44 PM
 #867

It's right that you are trying to secure your wallet, and I think that you can use the exchange and of course ledger or mew wallet are great and have not yet been hacked!
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November 25, 2018, 05:11:19 PM
 #868

If you are holding for longtime or untill the dump finish , I guess you had better to use cold wallets or hardware one I prefer Trezor or Ledger NANO is cheaper.
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November 26, 2018, 10:24:59 AM
 #869

Everybody is afraid, because there are a lot of hackers and scam projects in the crypto industry at the moment. Be safe, try to avoid visiting fishing websites and always keep your funds on different wallets and your private info safe.
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November 27, 2018, 01:19:19 AM
 #870

Well, if you are afraid of losing money then you should not invest then if you want to be rich then you should invest , if you are holding bitcoin now then do not worry !

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November 27, 2018, 01:26:14 AM
 #871

Crypto is full of risk. If you want extra safety just keep your money in bank. Everything is depend how you safe your asset. Online wallet always full of risk. Just keep it your mind. Be carefull and think bad and good before do anything. One day maybe you need offline wallet.

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November 27, 2018, 01:39:36 AM
 #872

I think all investors are worried about their money, if I think if you can protect yourself by choosing good projects that you develop in the future, I think you will also be good and good at protecting your money and also many benefits.

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November 27, 2018, 01:48:47 AM
 #873

Hackers are indeed a problem for all investors and bounty hunters. We need a wallet that is very safe and maybe you can use a hardware wallet. And you can also use MEW because I think it's safe and you need to be able to ensure that your private key is properly maintained.

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faadhilah
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November 27, 2018, 01:51:39 AM
 #874

That is natural if you are afraid of losing money especially crypto in conditions like this, all of course there are risks but believe your assets will remain safe if you save your coins in a place that you think is the best place of course

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ishirut009
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November 27, 2018, 02:23:39 AM
 #875

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 think you should go for a trusted hardware wallet, but you need to buy from trusted individuals because theif will do anything in able to get your cryptos. Also, dont use wallet that you does not control the private key, i use mew for my eth.,

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November 27, 2018, 02:36:05 AM
 #876

Everyone are afraid of losing their money when they are taking the risk of investing but still we need to try to invest how you can earn without trying it out and I think risk is always everywhere. And we should deal with it to know how strong we are in decision making in our investments to offer in a currency we know that you we are not sure if it will grow.

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November 27, 2018, 02:53:31 AM
 #877

Your risk will increase even more if you decide to use just one wallet to hold all the coins you have. If there is something bad that happens to you, all of the money that you have can immediately disappear all. If you do not want your money to be lost and in a safer position, you can use a hardware store which is quite expensive.
No need to worry too much about the decrease in the value of your coins, there will be time for the value of coins to increase immediately.
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November 27, 2018, 02:57:17 AM
 #878

Everyone are afraid of losing their money when they are taking the risk of investing but still we need to try to invest how you can earn without trying it out and I think risk is always everywhere. And we should deal with it to know how strong we are in decision making in our investments to offer in a currency we know that you we are not sure if it will grow.

if you are afraid of risk, you will stay in one place, everything will be at risk. if you fail it is not the end of it, failure is the beginning of success, keep trying to succeed. do not give up easily and are not easily affected, everyone must be afraid of losing money, trying to make your money not lost, remain optimistic that you can succeed.
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November 27, 2018, 03:09:41 AM
 #879

A lot of people say that hardware wallets are the best ones out there.  But I do not own one.  What I do is I split my coin and tokens into several wallets.  I use:

1. Aphelion wallet for NEP-5
2. MEW & Enjin wallet for ERC-20
3. AION desktop wallet for my AION coin

At least, if my wallet gets hacked, I won't lose everything all at once.


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November 27, 2018, 03:41:30 AM
 #880

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.

Get a hardware wallet Trezor or Ledger and keep those seed words safe.
If you have more than $1,000 worth of crypto, best to invest in a $200 hardware wallet.
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