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Author Topic: Stupid mistake newbies still do till date  (Read 4995 times)
charlop24
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August 28, 2019, 10:11:03 AM
 #81

It's quite unfortunate that newbies no longer go through the hurdles of studying about the industry before joining airdrops and bounty. They get introduced on how to earn and immediately they dive into the airdrop campaigns without a sound knowledge of the do's and don'ts. Since airdrops are the most easiest way of getting newbies, they ask for private keys and are given by the ignorant newbies.
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August 28, 2019, 01:09:47 PM
 #82

the owners should forget whatever tokens he have in that wallet. the best he can do is try to transfer everything into a new wallet for safety purpose. most newbies forget to learn the basics of the cryptocurrency and join every project they see. some wil provide their ethereum wallet address when they are required to provide an EOS or Neo wallet address
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August 28, 2019, 01:15:05 PM
 #83

The best place to save your private key should be offline because many jackets has been stealing people's tokens simply because they save their private key in their email, some hackers will send a dangerous ware in form of advart, if you mistakely click on it they will have access to everything in your mail. So it is better to save it offline
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August 28, 2019, 11:29:51 PM
 #84

that why i always put my private keys save, never use suspicious site and, im do this to avoid got hacked.
because I've been hacked, so I always pay attention to the site address that I will visit.
and use private window to site i never visit before.

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August 28, 2019, 11:34:44 PM
 #85

Only using the anti-spyware and keylogger software will not solve the privacy focused attacks, offline protection is required for the best protection. I have a second phone for the 2FA authenticators and the hardware wallets are used as cold storage. New crypto traders should understand the risks, the education will save them to be the close victim of the scammers.
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August 28, 2019, 11:41:26 PM
 #86

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.
Some newbies are naive when it comes to privacy of their keys or their personal identity, there only concern is to make money. Sometimes they are doing this because their wallet has no funds at all meaning no coins can take from them and they will just create another wallet easily.

It is common to make mistakes if you're a newbie in crypto but its not an excuse to be careless because its very easy to educate yourself before entering in any earning opportunity.

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October 18, 2019, 05:17:58 PM
 #87

Negligence costs anyone. Newbies should understand the value of their Seed phrase and Keys that should be stored safely and it should not be accessible by others to avoid any losses. Do not hand over your keys to anyone in any condition.

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October 18, 2019, 05:28:07 PM
 #88

I unfortunately did this once by mistake when filling in a translation bounty form. I lost within seconds over 3k USD worth of Eth and tokens plus around three months bounty work I had made which I could not get the bounty managers to change the address on the sheets. All those bounties back then in those days were very good so I estimate I must have lost around 10k USD worth of Crypto, very bad mistake which if I had that money now I could buy one Bitcoin with it. This is sad fact of my life that I lived to regret again. Unfortunately we as a family have made more mistakes in Crypto than successes so far.


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Samayuki
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October 18, 2019, 05:33:04 PM
 #89

It is a classic mistake by greedy people. They do not have time to care about the privacy of their keys, they want only money as soon as possible. Most of them are participating in fake airdrops: Give us your private key to verify the address and then we will send you the airdrop..  Roll Eyes
How can you give private keys to verify addresses? i wonder how people fall for this foolish trick, i guess we have too many newbies who don't learn how crypto wallets works, that's why they are easily fooled, any airdrops or bounties that ask for private keys are scam

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October 18, 2019, 05:46:54 PM
 #90

I don't even think they know that they are making this type of mistake.
Normally, many noobs are not truely aware of what Bitcoin or cryptocurrency is all about and it segments.
Crypto adresses and private keys looks alike but they don't know. They just know they have to submit something that has letters and numbers.
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October 18, 2019, 05:49:05 PM
 #91

in my opinion this is common for beginners because they are not accustomed to using digital wallets and are less careful about storing keys or seeds. or don't understand that what they are telling you is a private key. but over time they will learn a lot and understand. someone is said to be stupid when he always makes the same mistakes. not take lessons from previous experience.

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October 18, 2019, 05:54:01 PM
 #92

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.
That's the reason why I created a crypto class back in 2017 to coach newbies. Nobody is above mistakes anyway, but posting private key in public just to proof he didn't receive tokens is a huge mistake. I think basic things to learn in crypto aside "what is cryptocurrency and blockchain" should be "how to secure your crypto assets". Let's always try to assist newbies to avoid regrettable mistakes.

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October 18, 2019, 06:09:10 PM
 #93

It is not so common to see such occurrence or should I say I do not really see it happen. There are other ways in which one's crypto can be lost  and that private keys and seeds can be exposed without your knowledge. Although being careless with it is one of the main reasons. However, hardware wallets are the safest. You might think you are being extra careful and still lose your fund.
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October 18, 2019, 06:12:21 PM
 #94

in my opinion this is common for beginners because they are not accustomed to using digital wallets and are less careful about storing keys or seeds. or don't understand that what they are telling you is a private key. but over time they will learn a lot and understand. someone is said to be stupid when he always makes the same mistakes. not take lessons from previous experience.

beginners do sometimes make lots of mistakes but there are some beginners who make these mistakes as an experience to learn more. and usually beginners who make mistakes they don't have people who teach them and are also lazy to read some of the references

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October 18, 2019, 06:29:18 PM
 #95

I've always seen private keys of newbies especially in twitter and facebook campaign spreadsheets. We can't blame them too because they are new, What we can blame here is those who taught them because they didn't teach most important thing! To keep and be responsible for holding their own private keys
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October 18, 2019, 07:33:59 PM
 #96

I always backup privatekey and keystore file but now im using metamask and then i wanna buy hardwallet to safe my assets crypto, always bookmark MEW website or website you can trust and i cant trust when project ICO/IEO,airdrop,or bounty must be send privatekey to claim rewards
Always be careful when you fill the form or something and always check everything is correct

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October 18, 2019, 09:39:20 PM
 #97

Is really a crazy thing to do but once you get wiped out the first time am sure people will begin to take note and trend really carefully to avoid making thesame mistake twice I mean cmon is a private key even MEW state that in red ink

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October 18, 2019, 10:10:35 PM
 #98

Those newbies are not following some rules or not have read on what they need to do. Well its a lesson for them for not having to secure of what important to them. And they read some important news in this forum maybe they can get more information and can learn so much to avoid those on what mistake doing in the past.
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October 18, 2019, 10:29:56 PM
 #99

Private key as the name implies should be private to the owner of the wallet. Exposing it is inimical to one's financial well being
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October 18, 2019, 10:35:45 PM
 #100

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.

I really don't know what to feel with this. He just posted his pk just to prove that it is empty? So what if it's not in the next days? We need to tell them the importance of pks and it's not just any key, it is the only password that can access the wallet. I hope he will be last one to do that but if someone else do that, I wouldn't feel sorry if they'll be hacked.

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