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Author Topic: I'm afraid of losing money  (Read 5683 times)
slashz9
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October 26, 2018, 08:54:43 PM
 #501

i prefer ledger nano because no complain as far i know, you can also use myetherwallet but that just token erc20 and other wallet too.
so i prefer ledger nano or tresor, and remember dont hold coin for longterm in any exchange.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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vvalaby
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October 26, 2018, 08:55:02 PM
 #502

I too very much am afraid to lose the money. But I don't see any exit from this situations. To any purse there can be something and you can lose all the cryptocurrency.
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October 26, 2018, 09:03:04 PM
 #503

Everyone is afraid. It depends on how much money to keep. Cold wallets as an option. Or the second computer is offline.
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October 26, 2018, 09:08:12 PM
 #504

The cryptocurrency is big risk for yours investments. Investing you can lose all the money. You have to remember it.

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October 26, 2018, 09:13:51 PM
 #505

The cryptocurrency is big risk for yours investments. Investing you can lose all the money. You have to remember it.
Everyone is really afraid of lossing money, but as what we all have seen people still really putting there self upon the very high risk investment on crypto. Maybe it is all because they all have seen that crypto has really a big potential that can give a big amount of profit. So everyone is really taking a big risk. But anyway there ate also a low risk process of gaining in crypto we only need to choose and thatvwas really our own decision.

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October 26, 2018, 09:26:53 PM
 #506

I am afraid to lose the money. Many people lost a lot of money for corrections of cryptocurrency. Now all are afraid that the cryptocurrency will fall.

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October 26, 2018, 09:27:53 PM
 #507

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.

All of you are doing in crypto world is risky even in investing or holding you coins. If you will continue to afraid then think a way that you will be comfortable enough and stop to worrying because of the risk that crypto gives you. If you want to be safe then do a back ups of your password and back up keys, do not immediately believe in a crypto coins rumors about a new trend coins and it can give you a big profit.

There is always a risk everywhere you just need to be aware from it and you need to always check your account to monitor whether they are safe or not. It is not bad to afraid because losing money is not a joke especially if its comes from your hard work.

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bonyaserg
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October 26, 2018, 09:28:28 PM
 #508

Personally, I can recommend an ordinary wallet the simpler the safer. Of course it is better to use ezervalet it is very versatile and convenient in all cases. And in order not to steal a large amount, you need to have several wallets and divide the entire large amount into all wallets. And if one is hacked, one wallet is hacked and the rest of the funds will remain in place and in safety.
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October 26, 2018, 09:33:44 PM
 #509

It depends on your budget, if you are have enough money to spend then you can go for hardware wallets like Nano ledger, most people that have fat balance in crryptos use this to store and hold their coins but if you don't have enough to spend then you can stick with the popular myetherwallet
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October 26, 2018, 09:35:59 PM
 #510

It depends on your budget, if you are have enough money to spend then you can go for hardware wallets like Nano ledger, most people that have fat balance in crryptos use this to store and hold their coins but if you don't have enough to spend then you can stick with the popular myetherwallet
In any case, you can lose your money due to carelessness. In most cases, users of cryptocurrency lose my coins in this way, because somewhere inattentive or somewhere there was a leak of personal data due to negligence.
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October 26, 2018, 10:23:47 PM
 #511

There are no really safe and reliable multiwallets. All of them will have access to your coins. It is better to use official wallets for every coin and secure your private keys.
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October 26, 2018, 10:29:53 PM
 #512

When it comes to the crypto and bitcoin markets, we all have many inexplicable things. Our assets can be increased several dozen times a night. So faith and patience are the measure. Measure for our faithfulness and trust in Bitcoin.

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October 26, 2018, 10:29:58 PM
 #513

Use your Ledger wallet ! Or as I) I have a separate apple computer, from which I go to only wallets and exchanges! And nowhere else !!!
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October 26, 2018, 11:52:51 PM
 #514

I only used myetherwallet for my altcoins and I don't have any problem of it, I think also it depends on how careless is the holder is, it may you used hard wallet or not it all depends on how you protect it.

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October 27, 2018, 06:31:23 AM
 #515

If you are using bitcoin you can start blockchain wallet for much better secure and Myetherwallet for some tokens that compatible in Erc20 and also ethereum.
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October 27, 2018, 06:38:52 AM
 #516

If you are afraid of losing money,  don't even start to invest in Cryptocurrency because you will lose money!  What make difference between winner and traders is what both of them do after losing!

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October 27, 2018, 02:33:15 PM
 #517

I only used myetherwallet for my altcoins and I don't have any problem of it, I think also it depends on how careless is the holder is, it may you used hard wallet or not it all depends on how you protect it.
Absolutely right. It would also be good to have an offline wallet and a separate computer for transactions. This is still a reliable way to protect your money and yourself from a heart attack in case of theft.

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October 27, 2018, 02:48:03 PM
 #518

Honestly, everyone has this kind of worry. Losing money is not a pleasant thing for anyone. The only difference is that some people can forget this in time and adjust their mentality very quickly.

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October 27, 2018, 02:55:45 PM
 #519

I only used myetherwallet for my altcoins and I don't have any problem of it, I think also it depends on how careless is the holder is, it may you used hard wallet or not it all depends on how you protect it.
Absolutely right. It would also be good to have an offline wallet and a separate computer for transactions. This is still a reliable way to protect your money and yourself from a heart attack in case of theft.

Yes, it's more afraid to lose money here because the prices not having a good value due to it's decentralized market, but I believe that having courage it can be more profitable and having a path as well.

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October 27, 2018, 02:57:08 PM
 #520

There are no really safe and reliable multiwallets. All of them will have access to your coins. It is better to use official wallets for every coin and secure your private keys.

Your advice is good. I would add that even if you have an official wallet, do not keep all your money on it. Divide them into pieces and store in different wallets.

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