Do not trust New wallets with your fund - page 11.

indah rezqi

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Quote from: OasisDre on September 19, 2019, 02:14:09 PM

The reason why i don't like new wallets
1. They always have low users which means they have nothing new to offer,even if new users try them out,once they don't see any thing new they bounce back to their old wallet, repetitive at work

2. Many new wallets on playstore can't be trusted,they have different set of aims, some have access to your private keys but they will fool users thinking you are the only one in control of the private keys and some don't give out private keys to users,they work as online wallet

I also really do not believe...
Wallet for me is an asset. A very important asset value. If the wallet required to receive the results of the bounties is MEW or MetaMask, then that's all I believe.

joinfree

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I might say you got your tittle wrong because as matter of fact cryptocurrency is new so we must expect a lot of new crypto wallets most of them can not be trusted but each and everyday there are more and more highly secured crypto wallet coming out. my advise t o investor is do due diligent to choose best wallet.

cybernetik7

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I don't actually trust any wallets. I only use ledger nano. If the ledger nano doesn't support my coin, I can trust binance. Among the bitcoin wallets, the most trusted wallet is the paper wallet. I recommend it to you.

torpedo

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I am actually stick with one from the very beginning. New wallets mean you have to take some risk. It's enough risk in my life already.

adekogbe

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Either it is a New or old wallet i really dont have a problem. I try to check If the fundamental properties of a good and secure wallet.

First it must be a wallet where only me owns the private keys which i will store safely offline to prevent losing my tokens to hacking.

So i dont really have a preference of new or old wallets. It just has to be a safe wallet

minairia3

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Quote from: OasisDre on September 19, 2019, 02:14:09 PM

The reason why i don't like new wallets
1. They always have low users which means they have nothing new to offer,even if new users try them out,once they don't see any thing new they bounce back to their old wallet, repetitive at work

2. Many new wallets on playstore can't be trusted,they have different set of aims, some have access to your private keys but they will fool users thinking you are the only one in control of the private keys and some don't give out private keys to users,they work as online wallet

These wallet are different from Mew, jaxx, and other wallets that support main coins and erc20 tokens. I think youre right, why try youre luck with this, if you already have good wallets such as Trustwallet, enjin wallet, coinomi and other types of supporting wallet. Many wallets can be also a source of scam activity so be careful on the one youre using.

stripykitteh

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Quote from: DevilSlayer on September 30, 2019, 06:26:03 PM

I only use wallet that have good background and reviews. It is really preferable for us to be sure that our coins are safe and secured. There are wallets that have weak security thats why there are many issues about lost of fund.

I do the same thing though I mainly just use a Desktop wallet. Having a hardware wallet is a bit too much because it calls for a lot of clunky features.

DevilSlayer

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I only use wallet that have good background and reviews. It is really preferable for us to be sure that our coins are safe and secured. There are wallets that have weak security thats why there are many issues about lost of fund.

Capt00

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Quote from: FaucetKING on September 30, 2019, 12:16:55 PM

This question keeps coming to my mind when i open and surf on Playstore. There's a wid variety of Altcoin's wallets and cryptocurrency wallets in general, some of them are getting developed by so much unknown developers around the world just for the sake of fast cash profits. These wallets are going to have a bad ending soon because its developed by 3rd party persons, we couldn't trust anybody with our holdings or our own cryptocurrencies. It's dangerous and it's a full threat to give your wealth to someone else.

And as I looked into them, I feel doubts about and most of them never have good reviews but rather to read a lot of complaints.
Makes this thing clear that a lot of people tried to fool us again and taking advantage over crypto. And to make it safe, we have to stick on the most reputable and secured wallets rather than to look something new which we can't sure about it.

StayFly

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The new crypto wallet can easily run away with your money, be very careful you are warned. Used trusted services out there. New cryptocurrency exchanges and wallets can easily get hacked or exit-scam users, stay away from them if you like your coins.

Denlon

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Quote from: OasisDre on September 19, 2019, 02:14:09 PM

The reason why i don't like new wallets
1. They always have low users which means they have nothing new to offer,even if new users try them out,once they don't see any thing new they bounce back to their old wallet, repetitive at work

2. Many new wallets on playstore can't be trusted,they have different set of aims, some have access to your private keys but they will fool users thinking you are the only one in control of the private keys and some don't give out private keys to users,they work as online wallet

I always use offline wallets. Its safe and no get acess to wallet data. Some new wallets really work to stolen people data and private keys.

FaucetKING

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This question keeps coming to my mind when i open and surf on Playstore. There's a wid variety of Altcoin's wallets and cryptocurrency wallets in general, some of them are getting developed by so much unknown developers around the world just for the sake of fast cash profits. These wallets are going to have a bad ending soon because its developed by 3rd party persons, we couldn't trust anybody with our holdings or our own cryptocurrencies. It's dangerous and it's a full threat to give your wealth to someone else.

hahahafr

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Well i would only endorse Blockchain wallet, Trust wallet, IM Token wallet as the cryptocurrency wallets that you should hold your funds with. Some of these wallets out there are just waiting to shut down and abscond with the funds of users. Stay away from them and only hold your funds with renowned companies like the ones i have mentioned above.

JeffBrad12

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Quote from: suryana on September 30, 2019, 11:01:25 AM

Quote from: J1mb0 on September 30, 2019, 02:25:06 AM

It is best to use an old wallet that has been verified as legitimate and trustworthy. Do not use a new wallet unless you know it is reliable. Because using a new wallet is risky, you could be fooling all your money.

Old wallets like myetherwallet, metamask, are the safest than others, I still use both of these wallets, don't trust too much to use new wallet which you download on Playstore, because hackers could have put the virus there. So be careful.

Definitely not the safest, there is hardware wallet that is far more safer tha MEW or metamask. While MEW and metamask is indeed a legit wallet and trustwrothy all the securities still in the hand of users meaning that they only giving you facilities and the rest of the thing will be up to you and that include security.
Most of the time adding 2 factor authentication is enough, and if you want to add more security layer that'll be even better.

AwoCorporation

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Quote from: suryana on September 30, 2019, 11:01:25 AM

Quote from: J1mb0 on September 30, 2019, 02:25:06 AM

It is best to use an old wallet that has been verified as legitimate and trustworthy. Do not use a new wallet unless you know it is reliable. Because using a new wallet is risky, you could be fooling all your money.

Old wallets like myetherwallet, metamask, are the safest than others, I still use both of these wallets, don't trust too much to use new wallet which you download on Playstore, because hackers could have put the virus there. So be careful.

all wallets are still at risk from hacking. but in this case, of course, the old wallet is still the main choice.
I do not really believe in new wallets in the form of applications, especially if there is no big support from the exchange or other platforms. such as a trust wallet that is compatible with binance dex.

suryana

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Quote from: J1mb0 on September 30, 2019, 02:25:06 AM

It is best to use an old wallet that has been verified as legitimate and trustworthy. Do not use a new wallet unless you know it is reliable. Because using a new wallet is risky, you could be fooling all your money.

Old wallets like myetherwallet, metamask, are the safest than others, I still use both of these wallets, don't trust too much to use new wallet which you download on Playstore, because hackers could have put the virus there. So be careful.

SistaFista

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If we want to use new wallet, it will be better to start a wallet with a new address.
Importing the existing address is very dangerous because it means we will give our private key or phrase to others.
Always use the trusted wallet so we can save our coins with ease.

Ailmand

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I suggest using hardware wallet and never to trust your funds in new wallets. There is no guarantee that it will.last and it is secured. Invest your money on securing your funds than having your funds stolen. As simple as that.

Metall303

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Quote from: Dread Pirate Roberts on September 30, 2019, 07:12:51 AM

The problem is not new or not. but whether the provider has a good track record or not. why did you choose a new wallet while the old one provided exceptional security? and anyway the most important is the private key of the wallet itself. as long as it can be accessed specifically it should be safe.

I would also pay attention to the number of users of this wallet. if the wallet has no audience and people don’t talk about it, then it’s better to avoid this wallet

Dread Pirate Roberts

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The problem is not new or not. but whether the provider has a good track record or not. why did you choose a new wallet while the old one provided exceptional security? and anyway the most important is the private key of the wallet itself. as long as it can be accessed specifically it should be safe.

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