Topic: Can I lose my coins by choosing wrong wallet? - page 5. (Read 3214 times)
I think the wallet that is now is safe, usually theft of coins in our wallet is our own fault that does not keep privatekey and passwords.
I think there are still many online wallet-based service providers that have good ratings, then why should you review the wallet provider that has just released, which might be fraud, it's better to use a wallet that is already famous than you lose your money
Coins can be lost if you dont choose good wallets. I always recommend wallets with which you have access to your private keys. It is not secure not to just have access to your private keys as the wallet can be hacked or your device can be hacked because of a mistake you make.
I highly recommend not to experiment with wallet services and use only 100% trusted wallets, otherwise you may put your funds at a serious risk.
You can easily lose your money if it is a scam wallet. Remember one thing, install and use only those wallets that have open source code laid out in the public domain, for example on github.
If you choose the wrong wallet you can lose all the altcoin or token in it, with digital money, you always have to check carefully, all the mistakes are paid by your own money!
Cryptocurrency is very dangerous. A lot of scammers will try to steal your coins, so you should use only the most reliable wallets. It is best to use a hardware wallet.
Some wallets is also different to other wallet and not all cryptocoins is same their are also different to. If send your ethereum funds to bitcoin thats a big possibility to loss your money.
Use only reliable wallets!
In so many cases the answer is yes. There are some exchanges or Blockchains that will revert the transaction and send back your coin to you, while in most cases the coin will be gone for good
Even though you use a good wallet. The safety of your coins is always depends on you. But there are truly some people that will do anything to get your coins. So don't easily trust some people or website and links that sent to you.
Just use a simple MEW and stay safe with your private key. You can also hodl some savings on the trusted exchanges. Or you can buy a Ledger wallet to be 100 percent safe. But I prefer just a regular MEW wallet.
Yes there is fraud wallet, please check the scam announcement to see a lot of complaints about the fake wallet, be sure that you are only using trusted and with good reviews wallet, don't try to use wallets that do not have reviews from other users, it's your money to protect it by educating yourself.
Every coin is dedicated to certain wallet. You may loose tokens if you will choose the app that is not reliable enough, that is the only option.
Untill you are the only person which has access to you private key, there is no way to steal your coins. In other way, you cannot be sure for 100%.
When they get access to your own personal crucial your gold coin could be dropped. incidentally I simply examine the hyperlink as well as I will begin to see the main distinction in between their own wallet and also the therefore known as 'traditional wallet' may be the deal charge which was pointed out to become really low within their personal situation along with other wallet tend to be colored to become higher. I'll prefer to understand how reduced their own deal charge as well as perform they have the cheapest deal charge from just about all obtainable wallet. they are extremely important last but not least I believe you ought to be careful about thinking about brand new wallet without having customers evaluation.
Yes, definitely you can lose your coin by choosing the wrong wallet. One of the wallet name I do not recommend that is SpectrCoin which is very compromised. So, guys never choose this wallet to keep your digital currency.
I think all the wallets are safe right now but it is our job to make sure how safe we are keeping our personal information. I am using myetherwallet.
The risk is here but it is so low that risks are higher that you will lose money thanks to your wrong move with them. So just be careful and money will be saved.
Definitely. because as a example if you send eth to an BTC wallet it will more in likely to be gone because eth and btc are using different blockchains which makes it almost impossible if you send your coins to a different blockchain.
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