Why does most people neglect security?

[Patikno]

Hey community..
from some of the cryptocurrency news that I have been following up I have to understand that security is our utmost priority but some people do not always apply security measures in their wallet or are too careless about their seed phrase. I came across a post or do I say an article that explains how some imported his seed phrase on a mobile wallet advertised on social media and instantly his wallet was drained, again another person imported his seed phrase on a new wallet that doesn’t have a mobile version rather than only desktop version and was wiped.

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them?

The examples you mentioned are common among beginners or newbies, and they typically stem from a lack of knowledge, particularly regarding wallet security, which can make them appear to neglect it. Well, basically, anyone should know what they are doing, and that applies to anything. I believe in the saying "Smart people learn from their own mistakes, while wise people learn from the experiences of others". So, beginners should learn from the mistakes, and experiences of others to become wise in any activity, especially in crypto.

[Floxynice]

Hey community..
from some of the cryptocurrency news that I have been following up I have to understand that security is our utmost priority but some people do not always apply security measures in their wallet or are too careless about their seed phrase. I came across a post or do I say an article that explains how some imported his seed phrase on a mobile wallet advertised on social media and instantly his wallet was drained, again another person imported his seed phrase on a new wallet that doesn’t have a mobile version rather than only desktop version and was wiped.

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them?

The examples you mentioned are common among beginners or newbies, and they typically stem from a lack of knowledge, particularly regarding wallet security, which can make them appear to neglect it. Well, basically, anyone should know what they are doing, and that applies to anything. I believe in the saying "Smart people learn from their own mistakes, while wise people learn from the experiences of others". So, beginners should learn from the mistakes, and experiences of others to become wise in any activity, especially in crypto.

As much as Bitcoin gives freedom, it doesn't mean bitcoiners should care less about everything because they have freedom. Owning bitcoin comes with responsibilities and that is where the term "self-custody" comes in. Every bitcoiner owes himself that responsibility of safeguarding his bitcoins like his life depends on it.

If newbies understand this about bitcoin, they will make sure they protect themselves, ofcourse no one will be that careless with something as precious as bitcoin. The challenge all who take security consciousness lightly are facing is lack of knowledge. It is because they don't know, that is why they behave the way they do. Sometimes I don't blame them, I blame those who introduced bitcoin to them for not educating them properly. 

[MorganaX]

Hey community..
from some of the cryptocurrency news that I have been following up I have to understand that security is our utmost priority but some people do not always apply security measures in their wallet or are too careless about their seed phrase. I came across a post or do I say an article that explains how some imported his seed phrase on a mobile wallet advertised on social media and instantly his wallet was drained, again another person imported his seed phrase on a new wallet that doesn’t have a mobile version rather than only desktop version and was wiped.

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them?

The examples you mentioned are common among beginners or newbies, and they typically stem from a lack of knowledge, particularly regarding wallet security, which can make them appear to neglect it. Well, basically, anyone should know what they are doing, and that applies to anything. I believe in the saying "Smart people learn from their own mistakes, while wise people learn from the experiences of others". So, beginners should learn from the mistakes, and experiences of others to become wise in any activity, especially in crypto.

As much as Bitcoin gives freedom, it doesn't mean bitcoiners should care less about everything because they have freedom. Owning bitcoin comes with responsibilities and that is where the term "self-custody" comes in. Every bitcoiner owes himself that responsibility of safeguarding his bitcoins like his life depends on it.

If newbies understand this about bitcoin, they will make sure they protect themselves, ofcourse no one will be that careless with something as precious as bitcoin. The challenge all who take security consciousness lightly are facing is lack of knowledge. It is because they don't know, that is why they behave the way they do. Sometimes I don't blame them, I blame those who introduced bitcoin to them for not educating them properly. 

The basic structure of Bitcoin itself is about security and I don't why anyone will decide to be careless with their crypto or Bitcoin to be specific. There are countless reasons why one would need to be extra careful with Bitcoin and one of them is that once you lose your password or seed phrase holding your coin it's all gone and nothing like resetting of password or the popular features that require you to hit the forgotten password opt. A newbie into Bitcoin will be careless based on the orientation he came with in the crypto space.

[Floxynice]

Hey community..
from some of the cryptocurrency news that I have been following up I have to understand that security is our utmost priority but some people do not always apply security measures in their wallet or are too careless about their seed phrase. I came across a post or do I say an article that explains how some imported his seed phrase on a mobile wallet advertised on social media and instantly his wallet was drained, again another person imported his seed phrase on a new wallet that doesn’t have a mobile version rather than only desktop version and was wiped.

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them?

The examples you mentioned are common among beginners or newbies, and they typically stem from a lack of knowledge, particularly regarding wallet security, which can make them appear to neglect it. Well, basically, anyone should know what they are doing, and that applies to anything. I believe in the saying "Smart people learn from their own mistakes, while wise people learn from the experiences of others". So, beginners should learn from the mistakes, and experiences of others to become wise in any activity, especially in crypto.

As much as Bitcoin gives freedom, it doesn't mean bitcoiners should care less about everything because they have freedom. Owning bitcoin comes with responsibilities and that is where the term "self-custody" comes in. Every bitcoiner owes himself that responsibility of safeguarding his bitcoins like his life depends on it.

If newbies understand this about bitcoin, they will make sure they protect themselves, ofcourse no one will be that careless with something as precious as bitcoin. The challenge all who take security consciousness lightly are facing is lack of knowledge. It is because they don't know, that is why they behave the way they do. Sometimes I don't blame them, I blame those who introduced bitcoin to them for not educating them properly.  

The basic structure of Bitcoin itself is about security and I don't why anyone will decide to be careless with their crypto or Bitcoin to be specific. There are countless reasons why one would need to be extra careful with Bitcoin and one of them is that once you lose your password or seed phrase holding your coin it's all gone and nothing like resetting of password or the popular features that require you to hit the forgotten password opt. A newbie into Bitcoin will be careless based on the orientation he came with in the crypto space.

Wondering why people will be that careless with their bitcoins? It is because they do not fully understand the implications of the things they do, that is why I said earlier that a major part of the blame goes to those who introduced them to bitcoin.

Before I started acquiring bitcoins, I was told alot about bitcoin. The person who introduced me to Bitcoin made sure I understood the implications of many actions. Oftentimes, he would tell me "don't do this, don't do that". Those guidance have made me to always be at alert all the time. Now, this newbies will learn from their own experience, whether good or bad. They too should let others know about their experiences so they will learn.

[|MINER|]

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

Actually, two things can be happen here: one is that the person is not aware or does not receive proper guidance, or even though the person is aware, out of greed, they fall into the hackers' phishing trap and lose the acids they have in their wallets.
In fact, we have to remember that our own safety is with us, so we have to take good care of the security of our wallets. If you notice one thing, wherever there is money, there are fraudsters. If we see it in real life, from theft to robbery or other frauds also happen. Similarly, in the online world, wherever there is money, fraudsters will try to cheat us, but we have to be careful.

[ginsan]

Hey community..
from some of the cryptocurrency news that I have been following up I have to understand that security is our utmost priority but some people do not always apply security measures in their wallet or are too careless about their seed phrase. I came across a post or do I say an article that explains how some imported his seed phrase on a mobile wallet advertised on social media and instantly his wallet was drained, again another person imported his seed phrase on a new wallet that doesn’t have a mobile version rather than only desktop version and was wiped.

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

• Ignorance
• Not researching
• And being overconfident that they feel safe

These points can be the reason why they don't understand how to have and maintain a secure phrase. Many beginners lose their wallet funds due to being drained or hacked, essentially because they don't keep their seed phrase secure. Honestly, whether it's a desktop or mobile version doesn't matter as long as the wallet has been proven safe and has good reviews from many users, especially among genuine crypto enthusiasts. However, using a new wallet without proof that it's truly safe to use is a mistake.

Currently, it's not that there's no guide available, but rather that people don't want to learn what to avoid when using a wallet. I think many people nowadays need to understand simple things like this, not just in forums, but in articles and other sources as well.

[Marvelockg]

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

Sometimes, it's a little oversight or a single act of carelessness that ends up exposing people to the risk that's capable of leading to loss of ones asset. A lot of crypto users are generally careless with their security even when dealing with exchanges expecially the ones that are commonly used by the majority of people. Because a lot of people are using it, there's every tendency that they might become comfortable and become negligence in terms of taking care of their privacy.

Ignorance is no longer an excuse as far as matter of security is concerned. What's rather the case is an act of negligence that leads to carelessly leaving out key things we should normally take seriously.

[Chinesebaby]

Hey community..
from some of the cryptocurrency news that I have been following up I have to understand that security is our utmost priority but some people do not always apply security measures in their wallet or are too careless about their seed phrase. I came across a post or do I say an article that explains how some imported his seed phrase on a mobile wallet advertised on social media and instantly his wallet was drained, again another person imported his seed phrase on a new wallet that doesn’t have a mobile version rather than only desktop version and was wiped.

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

Downloading an app from social media, which is not directly connected to either Google or Apple play store is a total red flag. And as such, who ever might have downloaded his crypto wallet from a social media ads and got his wallet compromise should face the consequences of his negligence. Because that's the reason why it's always good people do a detailed research about which and what Bitcoin wallet is most suitable and secure for for each device, and also good to ask people who might have been in crypto before you came and knew about it, rather than act ignorantly and regret ever making certain actions when you might have lost your funds. Because security is actually one thing that we shouldn't compromise as Bitcoin investors.

[Hazink]

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

​Once you are in search for free money, you are one way closer to falling into the hands of scammers. The crypto space just seems to be making headlines when it comes to people's funds getting stolen, because that's the narrative they want to push out there for people to believe while we know deep down hackers are not just targeting crypto users everyone is on their target raider but once's a victim is successfully hacked, and it happens to be a crypto case the news will wild spread as if crypto is not a safe something to get involve in.

[libert19]

Hey community..
from some of the cryptocurrency news that I have been following up I have to understand that security is our utmost priority but some people do not always apply security measures in their wallet or are too careless about their seed phrase. I came across a post or do I say an article that explains how some imported his seed phrase on a mobile wallet advertised on social media and instantly his wallet was drained, again another person imported his seed phrase on a new wallet that doesn’t have a mobile version rather than only desktop version and was wiped.

I call both of these cases were actions of smooth brain.

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them?

In both cases, they had Internet, now if they don't bother to research whose fault is it?

Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

It's nothing about crypto space in itself, scammers are there irl, same way they are here.

People should not expect that there shouldn't be hackers/scammers, rather they should learn to secure themselves.

[Z_MBFM]

Hey community..
from some of the cryptocurrency news that I have been following up I have to understand that security is our utmost priority but some people do not always apply security measures in their wallet or are too careless about their seed phrase. I came across a post or do I say an article that explains how some imported his seed phrase on a mobile wallet advertised on social media and instantly his wallet was drained, again another person imported his seed phrase on a new wallet that doesn’t have a mobile version rather than only desktop version and was wiped.

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

Those who neglect security do not have very large funds and those who have large funds are always very worried about security. Many people are overconfident that their device will never be hacked, so it is not possible for their seed phrase or private key to fall into the hands of someone else, so they keep them in their device or store them on an online drive. Due to such carelessness, if there is a phishing attack, their important things are stolen and since crypto is completely dependent on the seed phrase or private key, if they fall into the hands of someone else, they can easily transfer funds. Therefore, it is very important for everyone to pay a lot of attention to security at all times. It does not matter how much the value of their documents is.

[TravelMug]

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

Maybe they "trusted" those wallet, and to be honest, in Bitcoin, Electrum could be one of the best that's why most of us didn't DYOR in the beginning as it is recommended. That was during my time though around 2017.

But perhaps there are a lot of wallet softwares, some of them close and others are open source.

Scammer/hackers are here simply because there are still enthusiast, regardless of beginner or has experience in the market already, they could still be the next victim is they let their guards down for a minute.

[ThemePen]

As much as Bitcoin gives freedom, it doesn't mean bitcoiners should care less about everything because they have freedom. Owning bitcoin comes with responsibilities and that is where the term "self-custody" comes in. Every bitcoiner owes himself that responsibility of safeguarding his bitcoins like his life depends on it.

If newbies understand this about bitcoin, they will make sure they protect themselves, ofcourse no one will be that careless with something as precious as bitcoin. The challenge all who take security consciousness lightly are facing is lack of knowledge. It is because they don't know, that is why they behave the way they do. Sometimes I don't blame them, I blame those who introduced bitcoin to them for not educating them properly. 

Yes freedom that Bitcoin provides, which is freedom to be your own bank, without checking of middle people, is mostly tied to duty to take charge of your own assets. It is not choice but must because system is designed to take away backup provided by old banks. You have keys, you have power, but all risk of safety. Your point on role played by knowledge and teaching is very strong. Failure to be careful about safety is rarely mean spirited. It is almost always sign of not knowing or not realizing how big risk is. Task of teaching new people about Bitcoin is to be good teachers, and they must say clearly that first and most key purchase new Bitcoiner makes is not more Bitcoin, but knowledge needed to protect what they already own. New users will sadly remain weakest part of entire system until that important learning gap is closed.

[Yablee0]

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

One thing I know  is certain is that if you have something dear or important to you, you must learn how to protect it, I know scammers are everywhere that's why we got to be more careful and sensitive especially when it concerns financial matters like this, being so careless over a funds you work so hard to earn just to be scammed by frusters is totally unacceptable, it shows you didn't value your sweat.

Therefore, we should be more careful and extremely conscious of our self even while carrying out our daily transactions so we wouldn't fall victim.

[8rch7]

Hey community..
from some of the cryptocurrency news that I have been following up I have to understand that security is our utmost priority but some people do not always apply security measures in their wallet or are too careless about their seed phrase. I came across a post or do I say an article that explains how some imported his seed phrase on a mobile wallet advertised on social media and instantly his wallet was drained, again another person imported his seed phrase on a new wallet that doesn’t have a mobile version rather than only desktop version and was wiped.

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

All people hold assets cryptocurrency in wallet know well about security and protect their wallet by saving seed phrase carefully, but do you know why many people get drained their wallet? Most of them as airdrop hunter participants and easily connecting their wallet with third party side without checking early about that site are secure or not. Just priority for earning airdrop coin and most of them connected their wallet with airdrop website before wallet got drained.

For investor only focus hold cryptocurrency assets I believe difficult getting drain their wallet, without connected with third party side I think not any way for address drained. If wallet only function for holding cryptocurrency assets I believe difficult get drained during not click any scam or fake link sent to our email, keep stay with your wallet and take carefully after seeing many scammer very smart right now to stole our cryptocurrency fund.

[beveryu778]

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

Actually, two things can be happen here: one is that the person is not aware or does not receive proper guidance, or even though the person is aware, out of greed, they fall into the hackers' phishing trap and lose the acids they have in their wallets.
In fact, we have to remember that our own safety is with us, so we have to take good care of the security of our wallets. If you notice one thing, wherever there is money, there are fraudsters. If we see it in real life, from theft to robbery or other frauds also happen. Similarly, in the online world, wherever there is money, fraudsters will try to cheat us, but we have to be careful.

Phishing attacks always send big offers, which makes greedy people click on them very quickly and don't think twice about clicking. Basically, those who do phishing attacks target greedy people. Because a single tempting offer can turn some people off, and no one will ever click on anything else. And those who are greedy enter the phishing link without thinking about their security, in the greed of getting something big. Which helps hackers to take control of their device. Then they take all the information or documents on their device. And sometimes they blackmail them with some private documents and demand more money.

[HONDACD125]

​Once you are in search for free money, you are one way closer to falling into the hands of scammers. The crypto space just seems to be making headlines when it comes to people's funds getting stolen, because that's the narrative they want to push out there for people to believe while we know deep down hackers are not just targeting crypto users everyone is on their target raider but once's a victim is successfully hacked, and it happens to be a crypto case the news will wild spread as if crypto is not a safe something to get involve in.

I think there is no way for the negativity to just end all of a sudden, there will always be some people who will be against Bitcoin and cryptocurrencies, and they won't leave any opportunity to make them look bad in the eyes of the people who are not yet using them so that they don't think of using them because the more people start using them, the more popular and stronger they will become, and those people with hatred inside can't bear that.

However, it's not only their fault because we, the users of cryptocurrencies, provide them those opportunities that they then use against the whole industry. If crypto users start focusing more on the security of their assets than making more money quickly, such things wouldn't happen, because if you are not going to allow a scammer ot exploiters to gain access to your assets or financial accounts, there won't be any news about it, and the haters won't have anything bad to say about cryptocurrencies, but this is also not possible, because most people only care about making money, and they only start focusing on security if they become a victim at least once.

[Issa56]

​Once you are in search for free money, you are one way closer to falling into the hands of scammers. The crypto space just seems to be making headlines when it comes to people's funds getting stolen,

People that are against bitcoin are the ones that spread news like this, they want to do everything possible to spoil bitcoin reputation, they want to make people feel like bitcoin is so bad, and it’s only used for illegal activities. When people like that hears that bitcoin is used to scam some, they are always so happy to publish news like that.

If you are in search of free money, you are definitely going to be losing money, because I don’t think there is free money anywhere right now, if you want to earn, then you have to work for the money. I have seen some Ponzi schemes which were organized with fiat currency in my country but people don’t really talk about those ones online, but when it comes to bitcoin, you will see people saying different negative things.

[puloweh555]

My question is: before these people go ahead downloading those wallet don’t they have a guidance  here or around them? Why are hackers and scammers are that much in the space does it mean that people are longer safe while clamouring for financial freedom?

It's not that they neglect it, but rather that they (beginners) consider wallet security trivial, especially when they have few assets. So they don't really care, even though they don't realize that a small amount of crypto assets can become more valuable in the future. Only when they become more valuable do they realize the importance of wallet security. They should be accustomed to making wallet security a top priority, even for small amounts, because it will eventually become a habit for protecting their wallets in the future.
On the other hand, it might be because they initially don't understand which wallet is good, so they store their assets haphazardly due to a lack of education. This is all due to not learning properly. That's why when entering the world of trading, it's important to learn thoroughly, including wallet security, and not underestimate the small details of trading, especially wallet security.

Scammers are everywhere not only in the crypto world, but also in the real world. Especially in the crypto world where it's easy for hackers to carry out their actions by exploiting user negligence and carelessness. So don't be surprised why there are so many scammers in the crypto world because that's also part of crypto itself, so you need to be sensitive to wallet security.

[JunaidAzizi]

On every forum and community, there are experts always saying to focus on your security first. It's a digital world, once your funds are stolen, it can't be reversed. I don't know why new users don't follow this advice, and maybe that's because they are in a hurry, leaving something important for hackers. If you can't secure yourself or your wallet, then your money will flee to the hackers, so it's better to take precautions before blaming and yelling at yourselves.