Topic: Can I lose my coins by choosing wrong wallet? - page 12. (Read 3245 times)
it can happen because there are lots of wallets published recently but there are no recommendations that convince us, we must first try the security of the wallet by transferring a little of our capital, if there are no new problems we can invest completely
Yes, you can lose all your coin. You can be hacked if your wallet uses poor security. I think you should use Trezor and Ledger Nano S. Don't store your coin on exchanges.
Yes. If you choose the wrong wallet you can lose your coins. You should think about it. Many people do not think about it at all, so hackers easily hack all the coins. You can use the hardware wallet. It's very simple, dependent and safe.
Yes, you will definitely lose your coins by choosing wrong wallet, just have a look at when you put your money in another persons purse what do you expect, the person will definitely eat the money. You should secure your wallet very well to avoid you loosing your money.
I don't trust those new wallets that are coming to the forum.
Scammers and hackers are everywhere and they are providing such service to gain more data and people that will fall for their trick. Use only those wallets that are trusted and has been involved to cryptocurrencies for quite awhile.
Scammers and hackers are everywhere and they are providing such service to gain more data and people that will fall for their trick. Use only those wallets that are trusted and has been involved to cryptocurrencies for quite awhile.
If sender accidentally misspelled the destination wallet address by changing a number or letter? If this happens, unless that same exact (misspelled) wallet address is created again (very unlikely) those bitcoins have gone poof. Nobody owns those bitcoins anymore, because they got transferred to a wallet that doesn't even exist. Those bitcoins have completely disappeared.
Maybe yes, dont rely on any other wallet sites. Just choose the trusted one.
Yes, you can lose all your coins if you choose wrong wallet. I think you should offline wallet or hard wallet for protect your coins. Eg. Trezor, Ledger.
Of course, you can, look at the fact that sending tokens to another purse, you start a contract that can not be canceled, also this situation concerns the sending of tokens to exchanges. By sending tokens to another address of the exchange, they remain on their balance sheet
Err, what exactly do you mean by choosing the wrong wallet? Most of the wallets I'm aware of and have been exposed to have maximum security, and are really safe to use, and store up your tokens or coins. I think that there is no way you can lose your funds unless in cases where the wallet was hacked or when you share your login info with other people who are not trusted and you get your coins stolen.
Hi everyone, I found a service announcement of new wallet platform few days ago in our forum.
Their introduction and vision stated in the post seems to be great and it also attracts me a lot.
However, I still wonder whether I can trust that new wallet.
Can I lose my coins by choosing wrong wallet or they can never stole any coin because they just provide wallet service only?
Please help me if you have experience in this field. Thank you.
This is the link to the wallet that I mentioned: https://bitcointalksearch.org/topic/m.41338130
Their introduction and vision stated in the post seems to be great and it also attracts me a lot.
However, I still wonder whether I can trust that new wallet.
Can I lose my coins by choosing wrong wallet or they can never stole any coin because they just provide wallet service only?
Please help me if you have experience in this field. Thank you.
This is the link to the wallet that I mentioned: https://bitcointalksearch.org/topic/m.41338130
Yes you can lose all of your coins if you choose the wrong wallet, you should always be careful with your transactions and make sure that everything is correct before you send it through because the transactions are irreversible and if you do send it to the wrong address then you coins are lost forever. This is one of the risks involved with cryptos.
Of course, it is one of the most important component of safety. Moreover, you should copy all your QR-codes from exchanges, because your device could be destroyed.
Of course! You can steal coins from absolutely any wallet. Will it be new or not. Such was not times. I will recommend you better buy a "cold wallet". It is safe and secure and certainly your coins no one will steal from there. Because it is a kind of battle flash drive, which is not constantly connected to your computer, so access to it'll only have you yourself and passwords must be entered only manually on the wallet. I consider this type of wallet to be the most secure at the moment. Because whatever the online wallet, it is still subject to hacking and theft by hackers and scammers.
There are many ways to lose tokens:
Use fake wallets, fraud scams
Use the wrong wallet for the token (NEO token and send it to the ETH wallet).
Poor security and hacked as myetherwallet
Use fake wallets, fraud scams
Use the wrong wallet for the token (NEO token and send it to the ETH wallet).
Poor security and hacked as myetherwallet
Yes ofcourse you could lose all of it if you didn't manage well because a lot of right are scams and low security which an apple of the eye of the hackers because it will be easy for them to take a money if the wallet you are using has a very low security. Do your own search about the best hard and cold wallets and you will be fine for sure.
Hi everyone, I found a service announcement of new wallet platform few days ago in our forum.
Their introduction and vision stated in the post seems to be great and it also attracts me a lot.
However, I still wonder whether I can trust that new wallet.
Can I lose my coins by choosing wrong wallet or they can never stole any coin because they just provide wallet service only?
Please help me if you have experience in this field. Thank you.
This is the link to the wallet that I mentioned: https://bitcointalksearch.org/topic/m.41338130
Their introduction and vision stated in the post seems to be great and it also attracts me a lot.
However, I still wonder whether I can trust that new wallet.
Can I lose my coins by choosing wrong wallet or they can never stole any coin because they just provide wallet service only?
Please help me if you have experience in this field. Thank you.
This is the link to the wallet that I mentioned: https://bitcointalksearch.org/topic/m.41338130
If they are the one who provided your wallet address then you are certainly at risk of losing your coins there. It should be like a reputable site like Coinbase because if that site is like an online investment that promises ROI then you should leave them by now.
I would strongly advise against using hardware wallets. Their only benefit is ease of use and convenience since they are not as safe as many erroneously think. For example, if you can restore your keys when the wallet breaks, it is not safe by definition. But if it breaks and you can't retrieve your coins, your coins are not safe either, though on a completely different level (not security wise).
Paper (or brain) wallets are the only way to go if you want your coins safe at all times and not depend on a third party in any possible way (be a desktop wallet developer or a hardware wallet manufacturer) even if it can be very inconvenient.
Paper (or brain) wallets are the only way to go if you want your coins safe at all times and not depend on a third party in any possible way (be a desktop wallet developer or a hardware wallet manufacturer) even if it can be very inconvenient.
Of course you can lose all your funds if you have your coins in the wrong wallet. We need to be very much careful in this market in my own opinion. Make sure you read reviews from people before using such wallets.
if this case is called wrong, enter the address of our wallet which does not belong to us, instead we fill it with someone else's wallet that is not ours, which we should get that benefit.
Choosing wrong wallet might cost you the fortune you've labored for ,not sure what the wrong wallets are but what makes the Blockchain technology assumes right owner of wallet and coins in it is the private keys, so keeping the private keys to your wallet safe is the only way you cannot lose your coins, don't share your private keys with anyone and it's preferably to keep it in hardware format or better still use hardware wallet, it's the most secured wallet to save your altcoins if you can afford one such as trezor and S Ledger nano
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