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Author Topic: Stupid mistake newbies still do till date  (Read 4995 times)
Dr.Osh
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October 22, 2019, 05:24:14 AM
 #161

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.
it's simple bro because they are still a newbie. I've also done that when I first entered the world of crypto because I don't think private keys are that important. I'm pretty sure, if they continue to study this, they will realize how important private keys are.
but, I feel they can avoid this when they really learn cryptocurrency. I am sure, people with basic knowledge will not eliminate, or give private keys to others.

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October 22, 2019, 05:34:03 AM
 #162

Because they are new bie they don't know anything about the wallet translation and so on thats  why newbies are took some time to completley know the detail about the wallet and so on. In case they will lose private key also several ways are there to get back the account. The will learn slowly.

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October 22, 2019, 06:50:20 AM
 #163

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.

In fact, it is certain that all beginners will always experience things that look stupid. when i first became a beginner, also almost did the same thing. it's just that when I was very diligent to always ask questions and diligently read from experience in the forums that are available.
so that I can avoid the things we don't want.
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October 22, 2019, 08:00:17 AM
 #164

Seed phrase, private keys — this is your money. They must be kept secret. It is better to print them on paper and store in a safe place. The ideal option is when your private keys are not in contact with the Internet. It is foolish to treat this negligently, because the neglect of such important files can cost the loss of all coins.

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October 22, 2019, 08:46:41 AM
 #165

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.
true that you convey in your opinion about the beginner's mistakes that often occur and that is also my experience and I have experienced and with mistakes that I have done I became more alert and more careful in investing with crypto currencies and experience is a valuable teacher who is very valuable we need to invest
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October 22, 2019, 08:59:20 AM
 #166

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.

Events such as the loss of private key or seed words often occur if we are not careful. Private key or seed words are the only access for our wallet to open, we should secure it and not share it with others

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October 22, 2019, 04:48:57 PM
 #167

Unfortunately, people do not want to get familiar with technology, including wallets and blockchain in general. The only thing they want is to get rich and as a result, they are losing all their money. Learn a lot about something, before doing it.

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October 22, 2019, 05:39:40 PM
 #168

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 common and I speculate that it will go on as long as there will be airdops and people hoping that they will make some money from them. From bright side , in case of airdops they do not lose a lot of money and will learn next time. This is just a learning process nothing more.

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October 22, 2019, 06:42:47 PM
 #169

Unfortunately, people do not want to get familiar with technology, including wallets and blockchain in general. The only thing they want is to get rich and as a result, they are losing all their money. Learn a lot about something, before doing it.

It also seems to me that this happens to people who simply do not understand what's what. This is simple laziness and carelessness. If they initially sorted out, where is the the key, and where is the address, such mistakes wouldn't have occurred.
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October 22, 2019, 07:43:15 PM
 #170

Unfortunately, people do not want to get familiar with technology, including wallets and blockchain in general. The only thing they want is to get rich and as a result, they are losing all their money. Learn a lot about something, before doing it.
These people shouldn't be joining cryptocurrency. It's like in a community, Ignorance in the law excuses no one. In cryptocurrency, ignorance in crypto system excuses no one. If you're very ignorant in securing your wallets which is the basic in crypto, there's no room for you in here.




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October 22, 2019, 08:59:37 PM
 #171

Last week I started a giveaway in a group, I asked people's ETH address as I was giving Ethereum. Two people gave their private key, I deleted them instantly, they again gave the private keys, I said drop your Eth address, not this. One of them replied send here! I was just shocked by seeing such noob people! Later he got it and replied to me " Thanks for the quick deleting! "
Lack of knowledge in all crypto related stuffs had really caused a lot of havoc on newbies losing their coins to scammers imagine people sending private keys to unknown or an anonymous scammer that could have been the end of those coins, You did well by deleting their private keys and that gesture shows that you are really a good fellow, I implored all newbies or new crypto enthusiast to seek adequate knowledge first and try to study all relevant terminologies related to cryptos before embarking on its usage.

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October 24, 2019, 07:04:56 PM
 #172

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 are not stupid as you have said but they still do not understand many things about the function of Keystore and PrivateKey .. therefore we consider them as newbies.. so it's very normal if they make that mistake so they need more knowledge to be able to store their wallets properly and correctly in the future.. and I'm sure everyone will learn from the mistakes they have made in the past .

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October 24, 2019, 07:32:08 PM
 #173

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 are not stupid as you have said but they still do not understand many things about the function of Keystore and PrivateKey .. therefore we consider them as newbies.. so it's very normal if they make that mistake so they need more knowledge to be able to store their wallets properly and correctly in the future.. and I'm sure everyone will learn from the mistakes they have made in the past .
that's right. each of us has made or is making mistakes, and all of these mistakes make us smarter and help to learn better to understand cryptocurrency.

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October 25, 2019, 07:02:16 AM
 #174

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.

Private key/phrase = the key of the wallet. If we lost the key or other peoples get our key, it means we lost the wallet as well.
That is the basic thing to learn when i entered cryptocurrency world, and it should be known by all peoples who using crypto.

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October 25, 2019, 07:45:37 AM
 #175

I am observing that a lot of people still fall on those old shady schemes as joining the pump and dump groups or better put, following pump and dump signals; getting scammed via Telegram by scammers who are pretending to be team members of certain projects etc. But hey, there will always be newcomers to the space who are not aware of those traps, so rotten individuals who are exercising those malicious activities will always have someone to pray upon.
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October 25, 2019, 10:26:36 AM
 #176

The fact is that during the first acquaintance with cryptocurrency, many underestimate the importance of private keys, because you have to immediately study a lot of unusual and previously unknown information, so often the first private keys remain stored on desktops, are entered into questionable forms in the first days of the week and months acquaintance with the world of blockchain.
In the future, such a wallet may be the target of hackers because it was once compromised, and the user himself no longer remembers and does not remember how, when, and where he compromised his wallet.

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October 25, 2019, 10:45:29 AM
 #177

my wallet and private key to me is something very privacy. and it is not wrong if someone says they are too stupid, to someone who wants to spread their wallet and personal key to others. in my opinion a natural if the one who does that is a beginner. As time goes by, I am sure that person will understand better what he must do and what he should not do. a bad experience will definitely be a good lesson for the future.

New comers (beginners) are just curious and this thing might doings of a bounty hunter. spreading her private key to the groups. beginner traders wont do that because they know how crypto works in first place. they are aware and bounty newbies are not. so I'm not blaming them for this kind of behavior. we know that our private key is sacred as we own it. they will know this as soon as they earning and do their own research.

Watch out for this SPACE!
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October 25, 2019, 10:49:21 AM
 #178

Lack of information and experienced are the reasons why they doing it. When i was a newbie, I also experience to save my private keysin my google account and it is the reason why it got hacked. It is better if we will store it where no one can access it.
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October 25, 2019, 10:58:23 AM
 #179

my wallet and private key to me is something very privacy. and it is not wrong if someone says they are too stupid, to someone who wants to spread their wallet and personal key to others. in my opinion a natural if the one who does that is a beginner. As time goes by, I am sure that person will understand better what he must do and what he should not do. a bad experience will definitely be a good lesson for the future.

New comers (beginners) are just curious and this thing might doings of a bounty hunter. spreading her private key to the groups. beginner traders wont do that because they know how crypto works in first place. they are aware and bounty newbies are not. so I'm not blaming them for this kind of behavior. we know that our private key is sacred as we own it. they will know this as soon as they earning and do their own research.
that' s big mistakes if we shared our private keys in public channel.they could immediately.even newbies must know about this important thing,.this is be first thing we have to understand while joining in cryptocurrency market.many people actually already shared how to save our private keys.in future we must keep it secretly and dont reply the same mistakes.

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October 25, 2019, 11:04:48 AM
 #180

Apart from phishing scams i believe every newbies will be safe if they use better smartphones of today, most have finger print security and face I.D too, there won't be problems if you always put security locks on your phone, i have been doing this for years now and till date no single coin lost
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