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Author Topic: Stupid mistake newbies still do till date  (Read 4995 times)
adoring
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October 21, 2019, 08:36:27 AM
 #141

newbies make lot of mistakes on crypto field common one is struggle with scam project , i have do search and study on hawk network and their team also  whitepaper, acualty this can be a best project everyone can take a part of it, check with twitter page on them https://twitter.com/Hawk_HKC/status/1185539270456553472
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October 21, 2019, 09:02:15 AM
 #142

I think not only a newbie to experience something like that. Even my friend, a Pro, lost more than $ 60k. I think storing privatekey safely is still not enough because a fake web can also be a threat to the loss of our valuable funds. So increase your knowledge more than anything related to securing your assets or funds from internet crimes.



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October 21, 2019, 09:04:32 AM
 #143

Offline wallets are by far the best and most secure but you still have to keep your backup safe, new wallets are the most dangerous one to use but mobile wallets are still cool for everyday use, keeping private keys safe is where most have issues

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October 21, 2019, 09:28:20 AM
 #144

The number one mistake would surely be selling at times of downfall. Most of the new oned are not yet aware of the nature of market volatility. They do easily panic at times like this and we cannot also blame them for doing so. Even those who are not new panic due to the situation we are currently experiencing. Investing is highly risky at this moment because stability is still absent in the market. But if we would trust the process, holding would be beneficial someday once recovery take place.

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October 21, 2019, 09:50:53 AM
 #145

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

This is so unfortunate. I think in my early days, I did such mistakes too but I got to know somehow that I was not to expose my private key. I was lucky I have no coin yet on the wallet, so I had to abandon that one and generated another. As a newbie, yes you are prone to such mistake. A time when you really don't much in the world of cryptocurrency. All thanks to this forum.
private keys are indeed a problem that is often done for a beginner. some of them sometimes forget or don't even save it. I also never paid attention to it, and when I lost it, it became a very important lesson for me.

It is true that we need to pay attention to the private keys that we have, such as ATM cards, or our bankbooks, because when you lose it, you lose all your assets. some people try to cover this using hard wallets, but most people save their private keys on hard disks and other data storage places.

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October 21, 2019, 10:14:44 AM
 #146

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

This is so unfortunate. I think in my early days, I did such mistakes too but I got to know somehow that I was not to expose my private key. I was lucky I have no coin yet on the wallet, so I had to abandon that one and generated another. As a newbie, yes you are prone to such mistake. A time when you really don't much in the world of cryptocurrency. All thanks to this forum.
private keys are indeed a problem that is often done for a beginner. some of them sometimes forget or don't even save it. I also never paid attention to it, and when I lost it, it became a very important lesson for me.

It is true that we need to pay attention to the private keys that we have, such as ATM cards, or our bankbooks, because when you lose it, you lose all your assets. some people try to cover this using hard wallets, but most people save their private keys on hard disks and other data storage places.
We can't fully understand why they kept on losing their private keys, and even give it to others presumed to be their wallet address.
Every time we create new wallets, there is always an instruction regarding the details of our wallet including a warning where you should not share your private key to anyone and keep it as this is the only way to open your wallet.
Newbies are actually skipping every instruction they have to understand which they shouldn't.

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October 21, 2019, 10:50:43 AM
 #147

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.
This is often done by newbies because they don't know much about it and they easily trust the words of others. So in my opinion, it's better for newbies to not easily trust others and also share their private keys with ease. Ask your closest friends if you don't want to experience things that might happen to us.
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October 21, 2019, 10:57:59 AM
 #148

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.
This is often done by newbies because they don't know much about it and they easily trust the words of others. So in my opinion, it's better for newbies to not easily trust others and also share their private keys with ease. Ask your closest friends if you don't want to experience things that might happen to us.

Lacking of knowledge is sometimes the reason why they easily entrust their private keys to others.

If you're aware how important your private keys you wont do this common mistake of a beginner.

So to avoid this from happening dont jump in any earning opportunity if you dont fully understand it.

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October 21, 2019, 11:03:38 AM
 #149

Most newbies doesn't know the difference between a private key and a public address. That is why a lot of newbies lose their funds easily, either by scam or foolish mistake. However, I've been in a telegram before where there was an instant someone purposely posted a private key, which has a lot of token, so I was watching the wallet and seems like a lot of people had sent ethereum for gas fee. And after a while, someone posted never to send anything on the wallet since you cannot withdraw it, surprisingly the wallet was able to accumulate almost one ethereum from that scheme. I don't know how it happened but, just be careful.

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October 21, 2019, 11:25:52 AM
 #150

I think they really don't know what they're doing if they are exposing their private keys. Even in the creation of the wallet, it is already stated that you shouldn't be doing that. I would recommend them to use other ways in opening their wallets like using a hardware wallet or the file. And they're "newbies" btw.

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October 21, 2019, 11:30:25 AM
 #151

I think they really don't know what they're doing if they are exposing their private keys. Even in the creation of the wallet, it is already stated that you shouldn't be doing that. I would recommend them to use other ways in opening their wallets like using a hardware wallet or the file. And they're "newbies" btw.
Newbies often skipped everything they need to know regarding important information such as keeping private keys and passwords. They focus on making a money which is not actually the first step in cryptocurrency.
They lack the knowledge and they do not understand everything they do. They just know that earning is possible.



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meliodas
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October 21, 2019, 02:18:11 PM
 #152

I think they really don't know what they're doing if they are exposing their private keys. Even in the creation of the wallet, it is already stated that you shouldn't be doing that. I would recommend them to use other ways in opening their wallets like using a hardware wallet or the file. And they're "newbies" btw.
Newbies often skipped everything they need to know regarding important information such as keeping private keys and passwords. They focus on making a money which is not actually the first step in cryptocurrency.
They lack the knowledge and they do not understand everything they do. They just know that earning is possible.
I agree. Newbies are so greedy that they skipped the basics and they went straight to the profit making or on how to grow their capital in this opportunity. Newbies should be informed first about the things that they should practice to avoid getting scammed or getting their capital stolen in the internet since it is easier and faster to scam ignorant people here.

 
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October 21, 2019, 02:30:42 PM
 #153

as you have explained, if someone or maybe really a beginner gives a private key just to get an airdrop token I think that's very silly. I am also a beginner but not that stupid either, I mean give my crypto asset key only for airdrop tokens? it's the same as feeding a hungry crocodile.
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October 21, 2019, 02:45:34 PM
 #154

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.
Carelessness at its finest can lead you to your worst nightmares. If you really want to be bountiful all throughout your investment here, you should always make sure that you know what you are doing. Be knowledgeable on the project you are joining in, the wallet you are using and the tradings you are getting involved with. Stupidity and ignorance is not an excuse here so make sure you have yourself ready for everything that you are going to experience here in the crypto world, regardless if you are a newbie or not.
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October 21, 2019, 02:50:54 PM
 #155

users with the token to manage as uses with customs on following details with personal preference on expecting with returns to complete as the decision on applying customs of personal strategy with works on crypto trading.



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October 21, 2019, 04:18:03 PM
 #156

It shows only how crypto difficult really is for newcomers, and also it shows how greedy newcomers are. Before they learn something, they do and then wonders that the world is unfair and crypto is a fraud.  Roll Eyes

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Visbay
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October 21, 2019, 07:31:37 PM
 #157

They are newbies and it is one of the factors why they lose their private keys. When I was newbie, I always double thinking about my decisions for me to protect my funds from scammers and hackers.
It’s not kids' play for people so new gamblers will have to remember their loss and they will have to remind private key all the time so they don’t forget and sharing it is the worst thing ever. Are gamblers use more than one coin for investing their money so use more wallets that are not good idea better use one and never share with anyone.
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October 21, 2019, 07:43:33 PM
 #158

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.

You're right. Despite the development of the community and the availability of a huge amount of training information, many cryptocurrency users continue to lose access to their wallets. All this happens due to a poor understanding of what is happening and the unwillingness to learn, think and analyze their actions. I have long encountered such a problem and understand that for security you need to be serious and attentive, and also not give in to all kinds of dubious offers and provocations.
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October 21, 2019, 09:13:46 PM
 #159

Even when I got into Cryptocurrencies newly, I knew the importance of private keys but the sad fact is that even people who are not newbies are still making that mistake until today, I have a friend who has been a crypto enthusiast for years and still lost a huge amount of crypto recently because he forgot to back up his new wallet.
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October 21, 2019, 10:52:00 PM
 #160

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 didn't quite make such mistake because I took time to understudy the cryptocurrency space plus I had guidance too. I took time to understand hot, colds wallets, types of chains and their uniqueness, including ICOs too. So I have not really falling short in that category. Perhaps, this mistakes will be attributed to current newbies who's larger percentage are after the quick profits from crypto
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