Don't be fool to keep on exchange, look my name

[peter0425]

Not your key, not your BTC

If you save it in the cloud, exchange, or any service online, you don't own your key. It's the same as giving your neck to the executioner. Better to give your wealth to social institutions, war victims, and people who are undernourished than give your wealth to rich people who own the cloud and exchange.

Your name is more than enough for us to tell what you mean here , but thanks for this mate as there are still many of us here trusted their online wallets and exchange since they have been holding there for years.
not knowing what may come or happen .

we need to be ready for everything that may come across and that is why we need to keep safe our crypto holdings.

[tjtonmoy]

In the end, it's our fault for not choosing to keep our assets in private wallet. There are still people who know about all the risks, and yet they choose to ignore it and put their crypto in centralized platforms or online wallets. Also, people easily trust online services so much nowadays that they willingly store their Private key, passwords, personal information in the cloud without any hesitation. This is really concerning. As they say, you will never know the consequences, until it happens to you. So it happens to a point where it is not possible to recover your data and all that you had are lost. I know how scary that could be, because I have already faced it once. Now all my data is stored in hard copy or in a piece of paper and all the crypto hodlings are in private wallets. So everyone should learn to do it before it's too late. Store your information offline and make multiple copies and keep your hodlings in your private wallet. Many of us knows this, but they don't so it yet. So to them, start doing so before it's too late.

[Latviand]

For example, Coinbase was founded in 2012 and is still doing well to this day, so not every exchange is going down.

Maybe not yet, they waiting us off guard.

That's such a paranoid outlook although I can share the sentiment, I won't worry too much about my bitcoin lest it's in the whole number or 0.1 territory about the security, probably don't use obscure exchanges and online wallets to store your coins.

[nakamura12]

For example, Coinbase was founded in 2012 and is still doing well to this day, so not every exchange is going down.

Maybe not yet, they waiting us off guard.

That's such a paranoid outlook although I can share the sentiment, I won't worry too much about my bitcoin lest it's in the whole number or 0.1 territory about the security, probably don't use obscure exchanges and online wallets to store your coins.

Not storing your bitcoin in an online exchange is what people should do or what we should recommend especially to newbies. As what op name is "not your key not your btc" explained a lot already. Think about accessing the wallets that contains BTC without the private key or seed phrase is impossible to do so that's why not your key not your btc is a good saying when it comes having some btc in a wallet.

[bayu7adi]

Not storing your bitcoin in an online exchange is what people should do or what we should recommend especially to newbies. As what op name is "not your key not your btc" explained a lot already. Think about accessing the wallets that contains BTC without the private key or seed phrase is impossible to do so that's why not your key not your btc is a good saying when it comes having some btc in a wallet.

Sure, it is secure for everyone, but sometimes certain individuals require a more flexible system for easier access and trading of our assets. In truth, all methods of storing Bitcoin securely still carry a slight possibility of being hacked. Hence, being overly possessive of our assets is certainly not advisable.

I am not advocating for asset storage solely on exchange wallets, but it is essential to maintain a portion of our assets on an exchange wallet in proportion to our sufficiency. It doesn't need to be substantial; the key is to have it. Personally, I often keep a balance ranging from $10 to $30 in a wallet that I can easily access for the purpose of purchasing something in case I forget to bring my physical wallet or if my balance is insufficient for shopping. You never know when such situations might arise.

[Crypt0Gore]

It's a shame that warnings like this still won't stop people from keeping coins on Coinbase and other top exchanges, like how I talked to someone through proximity chat online yesterday and we talked about some new projects for the 2025 bull run, he told me how he has been storing his coins on coinbase for months now, and when I told him how risky this was he said he will move it out once the bull market is about to start, he must have believe that we ars out of the bear market already but he forgets that a top crypto exchange won't warn you if something bad is going to happen, it will just happen very fast and it will be too late to move any assets out of the exchange.

Some people really prefer to see the bad side of things before they learn their lessons.

[Not your key not your BTC]

Maybe not yet, they waiting us off guard.

That's such a paranoid outlook although I can share the sentiment, I won't worry too much about my bitcoin lest it's in the whole number or 0.1 territory about the security, probably don't use obscure exchanges and online wallets to store your coins.

I have to worry even if I keep it 1 satoshi because next 2038 bitcoin price to be $1 billion, 1 sat = $10?, I won't lost even 1 sen

BOLD

I don't know you bold your post?, because we here can read even your post transparent.

[crunck]

It's a shame that warnings like this still won't stop people from keeping coins on Coinbase and other top exchanges, like how I talked to someone through proximity chat online yesterday and we talked about some new projects for the 2025 bull run, he told me how he has been storing his coins on coinbase for months now, and when I told him how risky this was he said he will move it out once the bull market is about to start, he must have believe that we ars out of the bear market already but he forgets that a top crypto exchange won't warn you if something bad is going to happen, it will just happen very fast and it will be too late to move any assets out of the exchange.

Some people really prefer to see the bad side of things before they learn their lessons.

But not all exchanges will crash. Do you agree with me that Coinbase is an exchange founded in 2012, and so far, it is doing very well and without any problems? While not all will be as reputable as Coinbase, not all CEXs will collapse. Not to mention we always trust the Ledger and have you seen the rumor about it? Everything will be safe until it collapses.

[Not your key not your BTC]

Binance get sued by the SEC on allegations of violating federal securities laws.
https://twitter.com/coindesk/status/1665739863730135042?s=46&t=qiShzQbMhPt-0IDwGYJ_pQ

Not Your Key Not Your BTC.
Don't keep your crypto on exchange

[noormcs5]

Not your key, not your BTC

If you save it in the cloud, exchange, or any service online, you don't own your key. It's the same as giving your neck to the executioner. Better to give your wealth to social institutions, war victims, and people who are undernourished than give your wealth to rich people who own the cloud and exchange.

Most of us, if not all, know that keeping the money is in exchanges is risky as their we do not get the access to the keys. Any Central exchange where we access our funds through username and passwords is always subject to risk as the site can scam or go offline anytime and we can lose our funds.

Any how I found your username unique that is not your keys not your funds (BTC) 🙂

[Cvetik56]

Binance get sued by the SEC on allegations of violating federal securities laws.
https://twitter.com/coindesk/status/1665739863730135042?s=46&t=qiShzQbMhPt-0IDwGYJ_pQ

Not Your Key Not Your BTC.
Don't keep your crypto on exchange

I think everyone learned that at this point. At least on this forum. Those who didn't can't be fixed.

[Minhxx]

Not your key, not your BTC

If you save it in the cloud, exchange, or any service online, you don't own your key. It's the same as giving your neck to the executioner. Better to give your wealth to social institutions, war victims, and people who are undernourished than give your wealth to rich people who own the cloud and exchange.

That's right, I save my key to the ebook. They will be more secure and not attacked by hackkers
Don't leave assets on exchanges, keep them in your cold wallet.

[taufik123]

But not all exchanges will crash. Do you agree with me that Coinbase is an exchange founded in 2012, and so far, it is doing very well and without any problems? While not all will be as reputable as Coinbase, not all CEXs will collapse. Not to mention we always trust the Ledger and have you seen the rumor about it? Everything will be safe until it collapses.

And Binance initially too, they were strong but when it comes to the SEC there will certainly be some impact on the crypto market.
Likewise, Coinbase might also get some problems. Although it looks strong it is not recommended to store all assets in any CEX, the safest is a personal wallet, Non-Custodial Wallet because it has full control without third parties.

Binance get sued by the SEC on allegations of violating federal securities laws.
https://twitter.com/coindesk/status/1665739863730135042?s=46&t=qiShzQbMhPt-0IDwGYJ_pQ

Yes, this is trending news at the moment, but as per the facts. The only thing affected is Binance.US, and Binance.com is not affected at all.
That's what CZ said on his Twitter.


https://twitter.com/cz_binance/status/1666202238933426178

Clarification: this could only affects http://Binance.US, IF granted by the court.
It does NOT affect http://Binance.com. Funds are #SAFU

[Not your key not your BTC]

That's right, I save my key to the ebook. They will be more secure and not attacked by hackkers
Don't leave assets on exchanges, keep them in your cold wallet.

I am very excited to search your ebook on amazon store next, and when I am luck I found your key there.

Binance get sued by the SEC on allegations of violating federal securities laws.
https://twitter.com/coindesk/status/1665739863730135042?s=46&t=qiShzQbMhPt-0IDwGYJ_pQ

Yes, this is trending news at the moment, but as per the facts. The only thing affected is Binance.US, and Binance.com is not affected at all.
That's what CZ said on his Twitter.

I am happy to hear atm, maybe next time .com is the target