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Author Topic: I'm afraid of losing money  (Read 5735 times)
jajorforce
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November 17, 2018, 05:42:02 AM
 #761

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 put money in  wallet on big exchanges that you do not feel safe, then choose blockchain.com or MEW you do not feel safe anymore. Then buy a cool wallet. 
Where no internet is the safest place with your crypto.
eka rock69
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November 17, 2018, 05:58:01 AM
 #762

Surely everyone is afraid of losing their money, you have to save your money in a safe wallet such as myetherwalet, this dampet will save your assets safely
Cat Coin
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November 17, 2018, 06:01:55 AM
 #763

The choice of the crypto-wallet is important, but their choice is large enough. It all depends on what you do with the coin, store or work. It is important to make several wallets, to disperse funds. Therefore,it is desirable to have several wallets for different operations.

kicauklaten
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November 17, 2018, 06:16:01 AM
 #764

Can you recommend me a good, safe and reliable wallet, please?
I'm sure you have more experience in it.

I use myetherwallet and I have no problems with it. As long as you do not share your private key to anyone else or any access for that matter then your coins are safe. You should always be careful when accessing some sites because there are times when you thought it is the legit site that you are accessing and it turns out that it's a phishing site and you end up losing all your coins. Being careful when accessing the sites is the way so that you can manage the risk like always accessing the site through bookmark and not just search it in google.
This was the problem. many are easily or can't store private key properly. many are too greedy and easily tempted to be big results on crypto and when it's already mastered myself then bad things will happen. fooled by a major project but not being too thrilled to unknowingly enter a private key. or also because of phishing sites enter in because it felt it was the site of a large project. This is the problem and indeed fear losing it arises also because of his own mistakes.

Aleksei Hurskiy
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November 17, 2018, 06:01:27 PM
 #765

everyone is afraid of it. I also keep on several wallets, as well as I bought myself a cold wallet, I advise you to buy it for yourself too, since now I am calm!
T.T.BH
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November 17, 2018, 06:04:36 PM
 #766

Anything on the internet has the potential to be hacked. You can't be in crypto and be afraid of scam. Just be extra careful. It is not advisable to keep all your tokens in one wallet. You can't create 3 or more to avoid losing all in one attempt.
miklesm
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November 17, 2018, 06:27:53 PM
 #767

If you are afraid of loosing your funds, the best option is to buy a hardware wallet for your crypto and hold all the coins on it. Unfortunately, it is rather uncomfortable to transfer coins from such wallets, so it is the best decision for holders.
C.L.B.K
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November 17, 2018, 06:47:27 PM
 #768

This is a full-fledged normal situation because a situation when a person takes money and people perceive it as normal, then I think that this is not normal, therefore I fully support you, fear helps to be vigilant
Sethrey (OP)
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November 17, 2018, 10:21:12 PM
 #769

If you are afraid of loosing your funds, the best option is to buy a hardware wallet for your crypto and hold all the coins on it. Unfortunately, it is rather uncomfortable to transfer coins from such wallets, so it is the best decision for holders.

Can you tell me more about that? I mean which one is better to choose and why do you say it's hard to transfer the money?
JCO05
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November 17, 2018, 10:25:53 PM
 #770

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.
l
In the first place an investor should expect risks with regards to profit loss upon engaging into any investment. Cryptoinvestment is known to be risky because the market value of cryptos are lacking consistency and is naturally volatile. Therefore, investor should not be weak on times of market downfall.

Deborah Christine
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November 18, 2018, 03:02:07 PM
 #771

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 it's best not to save a lot of coins in one wallet. just in case you should still use several wallets to store your coins. So far, what I did, I saved my coins in several wallets. because once my wallet was hacked and at that time I only had one wallet and all of my coins were lost. since then I have never used one wallet again.
absurde
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November 18, 2018, 03:05:12 PM
 #772

Everyone is afraid of loosing money, especially being hacked is the worst.  But the most safest way to keep funds in cold storage.
I remember that saying, no risk no gain:)
Sethrey (OP)
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November 18, 2018, 03:10:08 PM
 #773

Everyone is afraid of loosing money, especially being hacked is the worst.  But the most safest way to keep funds in cold storage.
I remember that saying, no risk no gain:)

Just today I saw the story that hackers have stolen coins from a hardware wallet. Many people here prove it's the securest one.
So it can be also hacked?
newbie-hero
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November 20, 2018, 04:00:21 PM
 #774

Everyone is afraid of loosing money, especially being hacked is the worst.  But the most safest way to keep funds in cold storage.
I remember that saying, no risk no gain:)

Telling sincerely investing in cryptocurrency is a risky deal. That's the clear thing, we all know it. But if your fears disturb you too much then you must leave crypto or find out the way to tame your feelings.
mulukey
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November 20, 2018, 04:04:57 PM
 #775

I do not know about a good purse but I have a good purse on the Ethereum money issue but you have to learn about the purse wallet yourself as well as you have stepped into the bitcoin. My friend introduced me to this purse which is very safe in the crypto market. Every day, altcoin grows, then of course you have to have a sturdy wallet to keep your money right?
edmundo
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November 20, 2018, 04:06:36 PM
 #776

Losing money in this industry is easy and simple if you don't take care of security of funds. I will recommend a wallet like Coinomi. It has little to no scam reports online and has proven to be one of the safest multi currency wallet and the good thing about it is that, its a simple mobile app wallet and does a whole lot of other things aside just being a mobile wallet. However, the security of your keys lies with you. If you expose your keys then you risk having an unwanted intrusion. Be safe!
hashpuppy
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November 20, 2018, 04:12:27 PM
 #777

Everyone is afraid of loosing money, especially being hacked is the worst.  But the most safest way to keep funds in cold storage.
I remember that saying, no risk no gain:)

Just today I saw the story that hackers have stolen coins from a hardware wallet. Many people here prove it's the securest one.
So it can be also hacked?
I don't think hardware wallet is safety. We can lose the wallet and there are many causes that can ruin our wallet such as heat, dampness, and severe bumps. SO we have to protect the wallet carefully if we don't want to lose money.
shirackjs
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November 20, 2018, 04:35:12 PM
 #778

Everyone is afraid of loosing money, especially being hacked is the worst.  But the most safest way to keep funds in cold storage.
I remember that saying, no risk no gain:)

Just today I saw the story that hackers have stolen coins from a hardware wallet. Many people here prove it's the securest one.
So it can be also hacked?

It could be the hardware wallet was tampered with in the first place, do you mind sharing the news? Anyway, it is always recommended to buy the hardware from the official store and not from eBay or other individual sellers who have a chance to tamper the hardware wallet.
Milamol
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November 20, 2018, 04:56:02 PM
 #779

Reasonable behavior in the network; store assets at addresses that nobody knows; talk less about your coins. In this case, MEW and blockchain.info are enough for you.
In the case of other behavior, it will not help you save coins, even a hardware wallet.

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mamesso
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November 20, 2018, 05:41:46 PM
 #780

it's time to stop entering the market, we don't know the deepest price this year.
trade is not convincing but the market will definitely return.
and don't panic.

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