bitcoinposts
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Merit: 10
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October 24, 2019, 04:14:03 AM |
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i came across scam bitcoin which i got mislead by one investment company we should extremely cautious in sending btc payment through links
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k@suy
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October 24, 2019, 05:48:20 AM |
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I am careful what I do and try to check where I am sending my crypto to. I have lost a lot of crypto sending bch to a bitcoin address on localbitcoins. I also signed up for an online eth wallet which I later couldn't access after being paid out a lot for a bounty I know you must not use online wallets but eth had just come out and there were not that many wallets to choose from. Many people lost out because of that. Now I use a hardware wallet and will never use anything else again. NEVER USE AN ONLINE WALLET!! Its good for you, I have lost a lot, not because of online wallet but because of trading to a lower amount and then after few more days the coin goes up. But in terms of wallet it is not bad to use online wallet as long as you will put different security measure such as 2FA and SMS verification.
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Magkirap
Sr. Member
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Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
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October 24, 2019, 05:52:37 AM Last edit: October 24, 2019, 10:49:27 AM by Magkirap |
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Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it? There must be a comparison based on the number of incidents, statistics, etc. I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet? Where do you keep crypto? Have you ever been stolen? You must first make sure that the company or the team behind the digital wallet is credible. Also, it is better to use wallets that are trusted or was operating long time ago for it was already known and probably know how to operate. On the other hand, we must be aware about possible threats such us apps that requires to put our passwords and informations or unexpected and malicious emails.
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Ashong Salonga
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October 24, 2019, 06:02:14 AM |
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Yes, I’ve already lost bitcoin because I have been scammed. It was like the idea of phishing where if you click the link, they will be able to get your account details and get your money in your wallet. I do not know why there are people who do such thing.
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djsugar
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October 24, 2019, 06:46:18 AM |
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I lost my BTC to a fraud exchange. During the 2017-2018 bull run, many new exchanges came and many people got scammed by such fraud exchanges. Exchanges left when the market started correcting. I lost almost 2btc to such an exchange which was worth almost $35k that time. But every loss is a learning. Since then, I keep my crypto in a wallet and not on exchange until and unless I am trading.
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asus09
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October 24, 2019, 07:06:01 AM |
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Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it? There must be a comparison based on the number of incidents, statistics, etc. I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet? Where do you keep crypto? Have you ever been stolen? Every person are invested money in bitcoin or altcoin ever stolen bitcoin and altcoin assets with different reason, maybe some one stolen bitcoin by sending to scammer wallet and some person got stolen by hack bitcoin exchange wallet account with less security, I got stolen bitcoin assets because I not use authicator for my bitcoin exchange account, I got stole on Binance exchange account.
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Eugenar
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October 24, 2019, 08:30:18 AM |
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stolen? sure.. various exchanges and pools stole some.
lost? that too. those were all purely due to my own stupidity.
We don't have an idea but there's a possibility that in paying transaction fees, exhanges might take away even a few amount of excess fee. In this regard, a small amount in a huge volume of traders is a bug issues. So far, I haven't experienced getting my bitcoin stolen directly yet.
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sapnu
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October 24, 2019, 03:17:29 PM |
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Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it? There must be a comparison based on the number of incidents, statistics, etc. I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet? Where do you keep crypto? Have you ever been stolen? When I was first browsing and bought bitcoin. I invest in some crypto to earn some more but I am new at that time and did not notice every reminder when sending token. Mistakenly, I did not read the reminder that no one should send using eth wallet but I did it. That is the lesson for my entire trading here. The lesson in that, we should read everything first before taking any steps because your money is at stake so we should be aware of every situation and be informed first before making such a decision. I am also being scammed in some projects I joined but that was long time ago, I joined to promote their project, the project became successful but still, the team did not pay us for the job we have done for them. They are reasoning that they cannot continue the project and they give back the money to some investors. But I dont think the reason is valid because the project really reached the target cap.
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angrybirdy
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October 24, 2019, 03:34:38 PM |
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I have had the experience of losing the bitcoins that I have because I invested in famous mining that was a scam, so that the assets in the form of bitcoins that I had became lost and the website could not be opened, until now I was traumatized when I wanted to invest using my bitcoin.
That is the saddest part of experience in cryptocurrency, losing money with a reason of being scammed in an investment. I have never lost my BTC even from the first time I entered cryptocurrency, I am very cautious for every transaction I have made, and before I enter, my friend who taught me about bitcoin warned and told me to be careful and do not easily trust other people especially those investments.
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Chrystora123
Full Member
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Activity: 1414
Merit: 228
Omicron is another FUD
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October 24, 2019, 03:43:50 PM |
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My Bitcoin has never been stolen by anyone (I hope it doesn't happen). but I ever lost the Bitcoin that I saved in the Bitcoin wallet that I made for the first time.. At that time I saved a private key in my laptop, but accidentally I downloaded a file that made my laptop attacked by a virus and must to be reinstalled... if there is someone still haphazardly storing a private key or personal Bitcoin wallet password, you should immediately store it in a place that is easy to remember and safe.
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GideonGono
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October 24, 2019, 03:46:08 PM |
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In my experience in two years of knowing bitcoin, I never experience stole my coin on the wallet that I trusted but I experience a lot of scams. I also experience lost from trading that easily dump and my money doesn't have any value to trade so you need to start at first again. If you want to secure your bitcoin then you must need to know how to secure it and where, what are the safest wallet in this internet world.
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Shasha80
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October 24, 2019, 04:12:43 PM |
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I lost my BTC to a fraud exchange. During the 2017-2018 bull run, many new exchanges came and many people got scammed by such fraud exchanges. Exchanges left when the market started correcting. I lost almost 2btc to such an exchange which was worth almost $35k that time. But every loss is a learning. Since then, I keep my crypto in a wallet and not on exchange until and unless I am trading.
I'm sorry for your lost, I just lost $ 1500 it feels very annoyed and stressed, especially if you lose 2 BTC I can't imagine your feelings at that time. 2 BTC is not a small amount of money that is very much, fortunately you are now already move on. If I may give advice, do not save money on exchanges well-known exchanges or not popular exchanges. It's better to choose popular exchanges, because popular exchanges are more credible, safe and trusted. And don't keep too long in exchanges, then don't deposit funds in one exchange or in one wallet. You have to save them in several swallets or keep them on several exchanges. With the intention that if one exchanges scam, the money does not disappear all will still be in another exchange.
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Kambal2000
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October 24, 2019, 04:15:02 PM |
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I lost my BTC to a fraud exchange. During the 2017-2018 bull run, many new exchanges came and many people got scammed by such fraud exchanges. Exchanges left when the market started correcting. I lost almost 2btc to such an exchange which was worth almost $35k that time. But every loss is a learning. Since then, I keep my crypto in a wallet and not on exchange until and unless I am trading.
I'm sorry for your lost, I just lost $ 1500 it feels very annoyed and stressed, especially if you lose 2 BTC I can't imagine your feelings at that time. 2 BTC is not a small amount of money that is very much, fortunately you are now already move on. If I may give advice, do not save money on exchanges well-known exchanges or not popular exchanges. It's better to choose popular exchanges, because popular exchanges are more credible, safe and trusted. And don't keep too long in exchanges, then don't deposit funds in one exchange or in one wallet. You have to save them in several swallets or keep them on several exchanges. With the intention that if one exchanges scam, the money does not disappear all will still be in another exchange. It's really a heart breaking reading someone stole their Bitcoin or their account has been hacked, we should always be careful and don't trust your passwords, personal computers to everyone, only your most trusted one life your wife/husband or parents. Well, for me I do back up via email but making sure I am not clicking things I am not familiar with to avoid hack.
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d3nz
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October 24, 2019, 04:23:44 PM |
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I've never experience getting lost or stolen my bitcoin but only in scam since i trust those HYIP program before and i have no idea about trading, i think that was year 2016 and almost 3 bitcoin was been scammed from me.
That's why i never trusted any invedtment program that has high yield interest and minig program thag you get satoshi evety minute. Best way to avoid getting lost of your bitcoin is to always check the address and make sure you are not creating an account from those scam exchanges.
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mkcjeewantha
Member
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Activity: 336
Merit: 14
https://exiptoken.io/
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October 24, 2019, 04:27:21 PM |
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No one can steal your BTC until you keep them in a safe place, in my opinion, an exchange is a particular place we should trade and buy ALT coins ect...but we should never keep for long term holding. so there are plenty of options we can keep BTC out of them such as nano wallet, my ether wallet.. ect..that's how I keep them safe.. and still, I have not been stolen my BTC so far! have a nice day to everyone, keep your valuable BTC safe!
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bitzizzix
Sr. Member
Online
Activity: 2562
Merit: 451
Enjoy 500% bonus + 70 FS
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October 24, 2019, 04:35:00 PM |
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I lost my BTC to a fraud exchange. During the 2017-2018 bull run, many new exchanges came and many people got scammed by such fraud exchanges. Exchanges left when the market started correcting. I lost almost 2btc to such an exchange which was worth almost $35k that time. But every loss is a learning. Since then, I keep my crypto in a wallet and not on exchange until and unless I am trading.
I'm sorry for your lost, I just lost $ 1500 it feels very annoyed and stressed, especially if you lose 2 BTC I can't imagine your feelings at that time. 2 BTC is not a small amount of money that is very much, fortunately you are now already move on. If I may give advice, do not save money on exchanges well-known exchanges or not popular exchanges. It's better to choose popular exchanges, because popular exchanges are more credible, safe and trusted. And don't keep too long in exchanges, then don't deposit funds in one exchange or in one wallet. You have to save them in several swallets or keep them on several exchanges. With the intention that if one exchanges scam, the money does not disappear all will still be in another exchange. It's really a heart breaking reading someone stole their Bitcoin or their account has been hacked, we should always be careful and don't trust your passwords, personal computers to everyone, only your most trusted one life your wife/husband or parents. Well, for me I do back up via email but making sure I am not clicking things I am not familiar with to avoid hack. The level of security must be tightened to avoid hacking, and if it happens to me, it will be very sad and annoying for me but everything related to assets or something useful is not far from hacking and must be anticipated. Beware of web phishing and avoid unrealistic offers and many others such as offers that make you tempted and do not click on something unknown or suspicious because hackers can occur from unexpected things.
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jossiel
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October 24, 2019, 11:58:13 PM |
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so there are plenty of options we can keep BTC out of them such as nano wallet, my ether wallet.. ect..that's how I keep them safe.
Sorry but you're wrong. MEW is certainly for Ethereum and ERC20 tokens. There's no possible way to store bitcoin on that wallet, they have an option to trade ETH to BTC but it's because of a 3rd party service and you will receive BTC through a receiving wallet and it's not through MEW. Being a BTC wallet, they are not. You can use our swap function to swap between BTC and ETH, thanks to our partner Bity, but we do not offer support for BTC. We just offer the option to swap it. This requires you have a BTC wallet, to receive the funds.
Source: https://kb.myetherwallet.com/en/getting-started/does-mew-support-other-coins/
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virasisog
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October 25, 2019, 10:07:24 AM |
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Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it? There must be a comparison based on the number of incidents, statistics, etc. I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet? Where do you keep crypto? Have you ever been stolen? They say it is unsafe to store your cryptos on Exchangers , i bet it is because unfortunately a friend of mine lost his balance on Hitbtc amounting to 4000k ,it was hacked. Luckily i have not experienced any of this. I have losses investing on lending schemes way back 2018 and i will never attempt to go with those kind of investment schemes.
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BChydro
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October 25, 2019, 10:12:35 AM |
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i came across scam bitcoin which i got mislead by one investment company we should extremely cautious in sending btc payment through links
There is no scam in bitcoin but some stupid people taking the name of bitcoin and starting a scam company or a fake set up to scam people and all the bad name is going to bitcoin as if bitcoin is created to scam people, if people are not having common sense and they keep on helping the scammers grow by listening to their fake stories and investment plan and how they can magically increase your bitcoin majority of the greedy people jump into it without even thinking. If everyone understand that there is no free money then these scams will end.
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joinfree
Sr. Member
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Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
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October 25, 2019, 10:26:24 AM |
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I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet? Where do you keep crypto? Have you ever been stolen? The best way of knowing if a wallet is safe is to look at the number of users who are currently using it. Definitely you might not get at least a 100% security but the huge number of user bases tells you that particular wallet is better than the others. Not long ago, i came across Ellipal wallet and i think it's very secured looking at its air-gapped nature which does not allow transactions to be made through any physical or network connection. To me this wallet is the most secure in the industry at the moment. You can check it out here https://www.ellipal.com/
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Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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