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Author Topic: Is there any way to out of this insecurity?  (Read 766 times)
KnightElite
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July 30, 2020, 06:43:24 AM
 #101

You need to learn to develop self-confidence in order to really work out well.
Not just self confidence but also self-awareness because hacking is something that you can't be a victim of unless you somehow gave the hacker your information. There can be emails that contain phishing links or there can be brute forcing methods applied by hackers to gain access to your accounts.

What one needs to do is just set a strong and different password for each website/exchange and make sure to avoid clicking any emails they receive from unknown sources and verify the sender's email (sent-from).

I am also being in crypto since a long time but I never got hacked because these are basics and I was always aware of these.

To survive in the long run you need to be aware of what can hurt you, and to avoid that of course. Any rushing in unknown is risky, trying new things is risky, but if you do your research, if you check all the angles, before you try something you can save yourself from many troubles.
I am in crypto for a long time too, and we saw many scams, and many victims. We have to learn from that and calculate our steps, there's no magical protection, education is the key, it's how you protect yourself, with knowing what is around you and how it works.
Lack of understanding and awareness can be the main reason why there are traders who are worrying to their funds because of the security of some certain exchange. It is the fault of the trader if he keeps worrying because he do not understand and he do not have enough knowledge on what exchange that he is currently using. Depositing in trusted exchange can help us to remove our worrying in terms of security of our portfolios.
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pragna
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July 30, 2020, 11:45:45 AM
 #102

Over the past few years, I have been horrified by the way accounts of various exchanges and crypto-related websites and individuals have been hacked by hackers. Is there any way to out of this insecurity? I think cryptocurrency will lose popularity if it continues like this, share your ideas on what can be done to overcome this situation.

I think at present time hacking is going to be part of us. Its a cyber crime that does by some people for various reason but i think if any site hacked by hacker there is no way to save your account. Yes its fully depends on developers experience about hacking security. For this reason big exchange developers make bug system to check their site before starting and does regular maintenance.

Why you are saying cryptocurrency will lose popularity? those who engaged here in trading for investing knows about hacking so we all have to familiar with it and have to work with anti-hacking system.

thanks.
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July 31, 2020, 01:06:08 PM
 #103

You need to learn to develop self-confidence in order to really work out well.

Must believe also as skills towards work Also no unfamiliar sites or links are often clicked on Always attempt to stand back from these Planning is best with trust before performing on any site. If you'll work consistent with the plan the scam is a smaller amount and far more insecurity is maintained Negative Thinking Negative Everything is bad.
The problem starts when the exchange itself gets hacked because no matter how smart we are and how cautious we are towards our approach but you cannot do anything when the exchanges turn scam or get hacked because that is not in our own control.

I was someone who used to praise and suggest cryptopia to everyone but they turned shady and eventually stopped withdrawals and then said that they got hacked, I don't know if they are lying or actually got hacked but there is no way I can login and withdraw my funds now. The problem is I always keep my alt-coins on exchanges so I can track them easily and sell them once price rises for any coin.

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July 31, 2020, 08:17:47 PM
 #104

You know, the only way to put your mind at ease of your over worry about security matter on the exchange is:
+Get to the best exchange as possible to reduce the risk of exchange got compromised
+Get all the security option for your account on that exchange ( 2FA, phone code verify, IP-browser,... heck, turn on anything they have)
+Make sure your email also has the same security, you don't want hacker get to your account by your password of 123456 Grin
+Try to make a second PC workplace and smartphone for business only and another one for playing vidya, leisure activity, porn and such.
If you had gone thru all of the above already but still feel insecurity then you are really need to see the therapy.
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August 02, 2020, 08:25:19 AM
 #105

Even banks got hacked and security information from the various developed countries are also hacked so we can't stop the hackers but we need to do our best and keep watching for the security flaws.I don't think cryptos will get affected by the hacks but the exchanges might lose its reputation completely so they need to be more careful.And for the user don't store your funds on websites just keep it in your wallets then you can feel safe for sure.









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South Park
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August 03, 2020, 05:37:52 PM
 #106

It is not really necessary to go through a scam or hack to take your online security seriously, as they say it is better to prevent than to cure, especially in this market because once you lose your coins there is no way to get them back, and I do not like the idea of a scammer enjoying my coins that have taken me so much time and effort to get while they just take advantage of my ignorance, I prefer to take the necessary steps to ensure the security of my coins and never lose them than to take the easy way out and lose them.
There are no such technology is perfect when it comes to security because no system is safe from hackers. You are right. Prevention is better than cure that you need to learn how to take care of your coins or funds away from hackers because we don't want them enjoying our funds that we put a lot of time and effort just to give them away. It is why we need to be aware and becareful on the sites we visit and the devices we use.
There is not really any technology that can protect you completely from hackers however that is not really the idea, hackers either go for low hanging fruit just to get whatever they can or they go after places with a lot of security but with a high reward, if you do not have a lot of coins but still implement  the security measures of an exchange or at least something similar hackers will leave you alone as there is simply too much effort to try to get to your coins.

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August 14, 2020, 04:40:16 PM
 #107

Over the past few years, I have been horrified by the way accounts of various exchanges and crypto-related websites and individuals have been hacked by hackers. Is there any way to out of this insecurity? I think cryptocurrency will lose popularity if it continues like this, share your ideas on what can be done to overcome this situation.
The funny part of this is that some of you that will be talking about exchanges getting hacked will be mentioning exchanges that nobody knows lol.

Exchanges that are not good, why would you expect them to be able to defend themselves from hackers?

If you want to make use of an exchange, make use of the exchanges that can be fully reliable and not the ones that are not secure. Read everything about them, there are even review sites that will help know the kind of experience have had with a particular exchange, always go through them.
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August 14, 2020, 05:08:07 PM
 #108

The conclusion is like this, traffic accidents have become the number one killer in the world so will people stop using their vehicles and start walking again? I don't think so, likewise with risk exchange, there will always be, but it will not eliminate this activity directly.
or rather people will continue to transact while developing so that the same thing will not happen or at least decrease in the future.

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TitanGEL
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August 15, 2020, 03:00:37 AM
 #109

Over the past few years, I have been horrified by the way accounts of various exchanges and crypto-related websites and individuals have been hacked by hackers. Is there any way to out of this insecurity? I think cryptocurrency will lose popularity if it continues like this, share your ideas on what can be done to overcome this situation.
The funny part of this is that some of you that will be talking about exchanges getting hacked will be mentioning exchanges that nobody knows lol.

Exchanges that are not good, why would you expect them to be able to defend themselves from hackers?

If you want to make use of an exchange, make use of the exchanges that can be fully reliable and not the ones that are not secure. Read everything about them, there are even review sites that will help know the kind of experience have had with a particular exchange, always go through them.
If you feel that your funds may get lost then it only indicating that you are still not prepared to the risks that you are taking, you can overcome that fear and insecurity if you will make investment in your knowledge. In what way? By simply becoming aware to the exchanges that have good security. You feel insecure because it seems that you do not know what you are doing but if you able to understand yourself then you can get out and overcome your fear and insecurities.

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