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Topic: Do not trust New wallets with your fund - page 12. (Read 3504 times)

sr. member
Activity: 1526
Merit: 251
September 30, 2019, 06:37:54 AM
yes but if you don't believe, how will it develop.
like bitcoin which was just released in 2009, at first people didn't believe it, but slowly bitcoin land gained trust from people.
this might also apply to new wallets but in a different sense  Roll Eyes
sr. member
Activity: 1701
Merit: 308
September 30, 2019, 06:05:00 AM
I am not entirely in the new wallet, especially those present in the play store with many advantages offered, I prefer the old wallet that has been trusted in the crypto room to store assets, because I have a few assets in the old wallet I painstakingly collected, so for now I still believe in the old wallet
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
September 30, 2019, 05:02:31 AM
I always tell this to my friends that they should not keep on trying new wallets because it is a very risky type of move since they have their money at risk. I always suggest them to just buy a ledger hardware wallet and keep their cryptocurrency there and keep their passphrase at a safe place so they don't need to worry about getting hacked or getting their money stolen.
sr. member
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
September 30, 2019, 03:27:54 AM
I have 3 wallet on my phone and those are Blockchain, coinbase and coins.ph. Coins.ph is one of the popular online wallet in our country which is Philippines and this wallet has different features like you buy loads, game credit and even pay online transaction.
Coins.ph is the best choice among other wallets because like what you have said, it also offers selling of prepaid loads and bills and payment services aside from storing your crypto. Take note, it doesn't only hold btc but also other famous coins such as eth, bch and xrp. It's like a one-stop shop for Filipino crypto holders Smiley.

But aside from coins.ph, I think Abra would also be a nice choice especially that its services is now getting broader, they now have a partnership with 7-Eleven.
hero member
Activity: 983
Merit: 502
September 30, 2019, 03:25:06 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.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
September 30, 2019, 03:16:46 AM
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 have seen different new wallet in playstore and I also read some feedback of user who downloaded that wallet and some of them have a different problem on that wallet. Even there are a new wallet that release I just still stick on my old wallet that I know my funds are secure and safe. I have 3 wallet on my phone and those are Blockchain, coinbase and coins.ph. Coins.ph is one of the popular online wallet in our country which is Philippines and this wallet has different features like you buy loads, game credit and even pay online transaction.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 30, 2019, 03:06:42 AM
I am not trust with new wallet developer with app playstore, I am still use old wallet like myetherwallet for many altcoin transaction, get much coin and more safety using our wallet.
I also am, until now I still use myetherwallet and tronlink wallets, because besides liking the ETH platform, I also like the TRX platform, so that until now I am still loyal to use both of these wallets, and is very safe in making transactions.
full member
Activity: 1176
Merit: 100
Vave.com
September 30, 2019, 02:41:07 AM
as users might find of interest with one of service with reference from news and affiliate links on online community forum the returns to helps as investors to becomes of least on sentiment as appealing deliverance of work on table as their entrance on field of business with the bitcoin finance.
sr. member
Activity: 630
Merit: 265
September 30, 2019, 02:16:16 AM
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
It's true that you should never trust other wallet in playstore and other sites because most of them don't really have strong security features that will keep all of your funds safe, that is why using a hardware wallet like ledger is still the best way to store your funds, and using popular wallets like MEW and etc because it is already tested by many users.
sr. member
Activity: 1936
Merit: 290
September 30, 2019, 12:48:11 AM
You are right many new wallet come here days by day but still i don't trust new wallet because i am happy for use older wallet. Lot of wallet here and there giving more opportunities for income double money with more safety but i don't like this. I have see some wallet project team offline no support after 1-2 month that's means we need happy for old.
hero member
Activity: 2184
Merit: 585
You own the pen
September 30, 2019, 12:44:09 AM
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

On play store, you cannot just blindly download anything there. especially those wallets that are just like a clone of the older wallet.
Who knows if they are scheming for something? there are so many cases with the Apps on play store where they can access the data of the user without them knowing it.

In worse cases, you might end up losing everything we have if they stole all of our necessary information.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
September 30, 2019, 12:38:17 AM
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
Even if you have older crypto wallets but you dont hold the private keys your unsafe. It is better to stick using wallets that you have full control such as private keys or passphrase better if you have hardware wallets for plus protection.
hero member
Activity: 1638
Merit: 505
September 30, 2019, 12:15:11 AM
I am not trust with new wallet developer with app playstore, I am still use old wallet like myetherwallet for many altcoin transaction, get much coin and more safety using our wallet.
Actually the development of a new wallet is a pretty good thing but indeed we as users must be able to be careful when it is currently looking for a new wallet. of course we do not want to get losses due to wrong in choosing a wallet to store our assets
legendary
Activity: 1890
Merit: 1003
September 28, 2019, 10:19:19 AM
Scammers are prepared to grow old with their bad habits so they will always find a way to feed on innocent victims, even if we have all know how they will try to scam us what about the newbies that are coming into crypto world every day? unfortunately they will easily fall victim
Unfortunately, new investors are easy to target for wise scammers. Learning through failures and having a small experiment with each project can add a decent experienced to their investing life but some investors are not patient enough to wait for the right time and project for investing the rest of their financial savings. After falling a few more time, new investors cook in their own oil and they will never go for investing in the shady projects. Scammers know how to attract the investors but investors have to accurately check the legitimacy of the investment initiated project.
member
Activity: 784
Merit: 21
September 28, 2019, 10:02:41 AM
Scammers are prepared to grow old with their bad habits so they will always find a way to feed on innocent victims, even if we have all know how they will try to scam us what about the newbies that are coming into crypto world every day? unfortunately they will easily fall victim
member
Activity: 648
Merit: 10
September 28, 2019, 09:54:01 AM
I am not trust with new wallet developer with app playstore, I am still use old wallet like myetherwallet for many altcoin transaction, get much coin and more safety using our wallet.
sr. member
Activity: 430
Merit: 250
September 28, 2019, 09:46:28 AM
no i dont i dont trust new wallets i usually use new wallets and if there is a new wallet i will wait until somebody review it first and if the review is good then i will try the wallet most of people use old wallet than new wallet
legendary
Activity: 1006
Merit: 1000
SafeHaven.Finance
September 28, 2019, 09:44:49 AM
For the love of "god", dont hold your funds in random wallets and stick to your hardware ones, but if that is not an option, at least hold your holdings in some credible hot wallets like Trust wallet or even on tier 1 exchanges like Binance (for shorter period of time) with 2FA enabled.
Affording a small number of crypto holdings for the crypto hardware wallet is a better solution for protection. Even 2FA can be bypassed with the various hacking programs and stealing the code which sent to the phone number is not hard for the professional hackers. Buying one of the popular hardware wallets will give the required security to the crypto investors but these investors should avoid holding the crypto assets on the crypto exchanges.
plr
member
Activity: 1162
Merit: 24
September 28, 2019, 09:41:29 AM
I only trust wallets that are popular I have no time to research or the capability to check a bug in any wallet, so might as well use popular wallets in the market, there are a lot of wallets in play store, but when it comes to my coins I only use a desktop version like Exodus and MyCrypto.
full member
Activity: 1022
Merit: 106
September 28, 2019, 09:26:49 AM
I’m probably a retrograde. I am quite satisfied with the old reliable  wallets that haven't failed me  in a few years. Now the number of new wallets applications is growing like mushrooms after the rain. Money doesn't like fuss and satisfying your curiosity by setting a new wallet is akin to adventure. Too much scammers appeared on the Internet craving your money.
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