Warning to all newbies concerning wallets

[HighlanderToken]

I cringe when I think about free wallet, they were one of the first I used when I was a newbie. Valid point OP, also alot of others that posted in this thread. My first advice to someone starting out is take a day or more and do research on anything before diving in. If you don't you could learn the hard way, it's okay if you do but it could cost you financially to learn that lesson.

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[Gagal Mancung]

Freewallet is untrusted wallet that means it's not a scam but it can't be trusted.

Agree, there are no strong feature that can guarantee safe assets inside. like certain feature that can be used tool to as access to the wallet.

Note: can't be trusted not a scam.

[Google+]

many new traders and new investors who don't know the security of the wallet they are using are actually very dangerous, so there must be more accurate information about the problem of the cryptocurrency wallet so that newbies traders can safely store their assets.

[towi078]

We must worry, remember hacking often occurs.Even decentralized exchanges or DEX, do not escape from hacking targets.So I think, it is possible, wallet services like that, will one day be targeted by hacking

[NavI_027]

Just heard that kind of wallets, so it will be dangerous because we can't claim our money back if something happen, but me even use private key, i never use android wallet and trust my own wallet on PC.

Yeah! You have a point but there are some which still remain trustworthy. Actually I consider myself using a so called "free wallet" but my experience was good so far. What I'm using is the most trusted and oldest running local crypto wallet (as far as I know) here in our country so I have no worries for issues about losing money.

When choosing a wallet, don't look only on whether it is "free wallet" or not, look also for its ratings, years of operation and feedback from its other users.

[elisabetheva]

private key is a very important thing for the wallet, so don't even give your information to anyone because it can be fatal, while with you not giving it, you can still fill our wallet, because of our careless and inadvertent mistakes.
learn all the problems of this wallet so that it is not harmed.

[Bittalk12]

Newbies should always do their own research before choosing a wallet and dont just download it because it may also contains a malware that will be able to pull up any sensitive information on your device. It would be better if they search about the wallet users feedback, how responsive their customer support and how long this wallet exist. The wallets i am using was Coinomi, Jaxx, Exodus, MEW and Metamask.

[Freewallet]

Unfortunately freewallet is first result when searching for eos/ethereum wallets, many newbies fall prey to it.

I am pretty sure sooner or later freewallet will run away.

We are pretty sure that the time of our presence on the market will exceed your expectations. We are aimed at providing long-term and comfortable service.

[belli4388]

my favorite wallet is for android that of eidoo, as software wallet exodus, even myetherwallet is not bad taking the necessary precautions

[Sundaey]

Since every project planning to have is own wallet will have a straight link that will lead to where to download it, and if it to be etherum myetherwallet and metamask is the best wallet. The rest is left to the owner how carefully he's about it so as not to lose it to scamers

[CLywaTeLb]

You should also be very careful with the project that creates universal services. A wallet, investment package, crypto exchange or exchanger is conveniently linked, but this can be fatal to all the cryptocurrency of the user who trusts such a service.

[kerzhake]

I believe that you need to trust the proven wallets that have been used for several years and have never been attacked by hackers.

[ZaraZara_01]

sometimes you need to trust good services like Freewallet. They deliver a nice app and allot of features. Its the same as a bank if a bank or your country goes bankrupt you loose your money to

[bit-freedom]

Nice advice, I prefer to use the official wallets and reputable hardware wallets. Other than the mobile wallet, I would like to add exchange wallets to the list. We have no control over wallets in exchanges and shouldn’t be using the wallets to store our coins for the long term.

[apitico]

I think that there is a certain list of wallets that are trustworthy, although they are also hacked, so if you are new to the world of cryptocurrencies, then you should be very careful.

[Jackrodwell]

That's why newbies should always stay away from unknown wallet source provider because it can only cause big problems, used only trusted wallet provider like MyEtherWallet.

I strongly agree with you, too many scam project and wallets out there looking for people to devour, MyEtherWallet is a good wallet that recommends and their security is ok.

[ujinice]

When I was a newbie, I first of all found out what types of wallets exist and which one is safer. On youtube a lot of video reviews on this topic. I'd add that there is nothing safer than storing a wallet.dat on flash drive and a private key on paper.

[Absolutep]

Many has lost their asset due to wrong use of wallet,we need to be mindful of the wallet we are using to store our asset,make sure you are having control over your private key.

[arnelandvik]

Many has lost their asset due to wrong use of wallet,we need to be mindful of the wallet we are using to store our asset,make sure you are having control over your private key.

Well, not giving users their private keys is another thing to increase security, not all of them understand how to use it and just to get 5$ from the upcoming fork some of them transfer the fund to a random wallet that claimed its support. I don’t find this a good idea, the private keys should be given to those only who understand how to use them and when you should not do so. Cold storage is basically keeping safe the money of those who is just new to the crypto and takes off a chunk or responsibility from the users. I personally store part of my coins in a Cold Storage wallet and never had issues with it.

[SinLinJim]

It sounds trivial, but things like that are often ignored, I personally prefer the wallet issued by the coin itself or their official wallet.

It is better to use top-end, internal wallets have many vulnerabilities about which you may not know, and they may disappear along with the coin.