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Author Topic: Stupid mistake newbies still do till date  (Read 4995 times)
Icologies
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August 23, 2019, 04:02:05 PM
 #21

Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.
therefore we are more careful in securing a personal wallet because all the assets we have are in it. beginners do like to try because they are curious and still need a lot of experience. there is nothing wrong if done but if it has happened then just think of it as learning so that in the future you know and do not repeat the same mistakes again.

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August 23, 2019, 04:11:11 PM
 #22

The best thing is you can save all the keystore files, private keys in a safe place. If you save them on your computer, keep in touch with your computer security.
a safe place that cannot be accessed by hackers is an offline place without being connected to the internet. can use the flash with additional security such as files that are compressed to RAR with a password. would be very safe.

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August 23, 2019, 04:55:56 PM
 #23

The best thing is you can save all the keystore files, private keys in a safe place. If you save them on your computer, keep in touch with your computer security.
After was hasked  a very long e-mail password cracked and lost several wallets, I do not leave any passwords and secret keys in my device, and also turned off data backup. I keep everything in paper form, as well as on a separate disk, which I almost never use. I enter the secret key manually without copying. If you need to copy a long key, first I first change 1-2 characters in it. After that, there have been no failures so far.

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August 23, 2019, 05:55:31 PM
 #24

There are still so many scam airdrops asking in their forms people to send their private keys. It is happening mostly for the Etereum ERC20 wallets. Newbies with a lack of knowledge made this mistake many times, and lost big amounts of Ethereum and valuable tokens. Private keys should never being revealed to anyone else.
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August 23, 2019, 06:01:12 PM
 #25

Many beginners do not know the actual function of the "private key" so that they are easily fooled when dealing with phishing, form tricks for filling private keys, etc. Many beginners get caught up in that, and they will learn from experience
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August 23, 2019, 06:04:10 PM
 #26

What are your thoughts about saving them in a software like LastPass?
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August 23, 2019, 06:21:02 PM
 #27

I think such immature actions are only done by some real greedy and wannabe rich quick kind of people and secondly such behavior is expected from airdrop or some new hunters as well because they think they have not put anything out of pocket so it is safe to share even private keys, they need to learn that one day they will be able to earn good from some campaigns and then how will they feel if someone hacks their account because they posted their private keys publicly online few months back? People need to be more responsible and rationale in what they do.

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August 23, 2019, 09:34:36 PM
 #28

The newbie mistakes should be expected no matter how educated they are. If there weren't the mistakes the learning process will slow down from my perspective. Sharing the private key is the foolish, scam airdrops use this fact for hunting the new investors. Sad, but true.

What are your thoughts about saving them in a software like LastPass?

Lastpass is the main password saving program, but it is also server based which makes it less secure. I have used their service for a long time but later the alternative methods attracted my interest. It is not vulnerable as the Google passwords but you need to believe their promises blindly.

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August 23, 2019, 09:43:22 PM
 #29

I think the failed to understand the meaning of the world "private" because it they do then they will know that private key is meant to be personal. However, in any given chance we should try and educate them on certain things like how to secure private keys, backup phrase etc so we all can grow together.

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August 23, 2019, 09:55:09 PM
 #30

You know what...using such words sometimes should come with carefulness. You think it's easy fir people to know thier way around in crypto?  moreover you said "newbies" so what's there to say more? They basically don't know what they're doing so you should better make a post on teaching them the better way rather than insulting. People really struggled to learn crypto and safety measures buddy. You may not know how bad they qere educated to get in.

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August 23, 2019, 10:42:31 PM
 #31

They are newbies or amateurs so what do you expect? I had a friend who sent someone his private keys lucky enough there wasn't any good coin there, so I had to take time to teach him all the things he needs to learn. So instead of seeing them as those who doesn't know anything let's teach them so they can be better.

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August 23, 2019, 10:47:22 PM
 #32

Sure it's a big mistake giving others your private keys and if that wallet contains a lot of tokens, I think he's not aware of what he's doing. There are newbies that are desperate for the airdrops.

And there are abusers who creates a form that asks for their private keys. Some newbies think that it's fine to give it but they don't know that the consequence is really big on their part especially if it contains their lifesavings.

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August 23, 2019, 10:49:03 PM
Last edit: August 24, 2019, 02:21:00 PM by adzino
 #33

Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.
They got to learn their lessons right? Let them lose few coins and then they will either run away or be more careful next time. Well, they are newbies. What else can you expect from them? Give them some time. They will eventually get to learn how to keep their wallets safe. They will get to know how to secure their private keys and why they are important. Unfortunately, those people just hear about making profit with crypto currencies and thus they also join to make profit. They have little knowledge about the technology and how it works. They need to educate themselves first in this field if they ever wants to keep their funds secured.

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August 23, 2019, 10:52:40 PM
 #34

They are newbies or amateurs so what do you expect? I had a friend who sent someone his private keys lucky enough there wasn't any good coin there, so I had to take time to teach him all the things he needs to learn. So instead of seeing them as those who doesn't know anything let's teach them so they can be better.

Usually, a hard lesson will make newbies totally learn from their mistakes. But we can't deny the fact that we also came from being a noob in this space, right? That is the reason why there is a beginners section in this forum. If you are a new one, give yourself time to read some of the basics of crypto, at least you are not dumb enough when someone asks you regarding crypto. And as time goes by, you will learn more about cryptocurrencies.
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August 23, 2019, 11:23:26 PM
 #35

stupid action, this is not carelessness but beginners who are lazy to read and learn.
and not worth emulating.
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August 23, 2019, 11:29:49 PM
 #36

Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.

As what your title about a "newbie mistake" I think this is normal fpr those people who are new in cryptocurrency, if you want to safeguard your private key then place it in a safeplace or make a paper print incase you lose or delete your privatekey in that case you backup your privatekey. And takenote dont ever post or give your privatekey to anyone to avoid hacking your wallet.

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August 23, 2019, 11:33:24 PM
 #37

Most newbie they never learn, some thinking that crypto space is a place were you can get profit easily, and can store it easily too.
They've became neglectful in keeping what is important to be keep like private key, password, seed phrase and etc. Which is supposed
to be save somewhere in usb, or making bakcup if they use pc something like that.
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August 23, 2019, 11:51:23 PM
 #38

I thought that there were no such people who make such stupid mistakes. On the other hand, if they do it, it's their problem. Because everyone who comes to crypto has to be responsible enough to keep their private keys safe.

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August 24, 2019, 12:27:23 AM
 #39

Most newbie they never learn, some thinking that crypto space is a place were you can get profit easily, and can store it easily too.
They've became neglectful in keeping what is important to be keep like private key, password, seed phrase and etc. Which is supposed
to be save somewhere in usb, or making bakcup if they use pc something like that.
But, the experience is the best teacher. For those who want to learn and care about their investment funds, they will surely learn from the mistakes that have been made. So for those who have lost, lost, due to losing the Private key, caught in a scam, etc., will surely get new experiences that can be used as preventive measures. Moreover, cryptocurrency is relatively new, many lay people who do not understand it and must be more concerned to learn and understand the risks before joining.

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August 24, 2019, 06:13:47 AM
 #40

Entering a private key in a post or in a bounty and airdrop registration form is a big mistake if is done, because PK is the main access for us to be able to access the asset we have in the wallet and if PK is known to others, of course they will be easy to steal assets we have, as a bounty hunter or trader we should be careful in storing the pk so that it can avoid such carelessness.

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