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Topic: Do not trust New wallets with your fund - page 13. (Read 3504 times)

hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
September 26, 2019, 04:44:16 PM
after two times when my wallets was hacked and funds dissapered from unknown exchange I am using Ledger Nano, I think it is safe
Sure. It's the safest wallet at the moment and your money will never be stolen again
Ledger Nano S is one of the safest wallet and this is the hardware wallet that I have. They have a new release which is the Ledger Nano X[1] which has a better feature than the previous but this doesn't mean that the security of the old nano version is weaker, no it's not. All of those new to cryptocurrency must try and purchase their very own hardware wallet, use it and be comfortable without worrying about the security of your wallet.

[1] https://shop.ledger.com/products/ledger-nano-x
full member
Activity: 1121
Merit: 100
September 26, 2019, 02:59:32 PM
Yes, but it is not 100% true. Few new wallets which are dominating and promising. But old is gold and more worthy  than other wallets like as coinbase,(I use coinbase over two years), metamask, trust wallet etc. So well-known or popular wallets are always trusted for any crypto-currencies.  
hero member
Activity: 2954
Merit: 605
September 25, 2019, 07:34:58 PM
after two times when my wallets was hacked and funds dissapered from unknown exchange I am using Ledger Nano, I think it is safe
Sure. It's the safest wallet at the moment and your money will never be stolen again
Not really 100% guaranteed assurance that it will be safe, it still depends on how we manage into our wallet. No matter what wallet we used either online or offline wallets just like Ledger, is still subject for these but the good thing about offline wallet is not prone to any hacking scheme unlike to online wallets which everyone suffered such losing of private keys.
full member
Activity: 1190
Merit: 105
PredX - AI-Powered Prediction Market
September 25, 2019, 07:14:52 PM
after two times when my wallets was hacked and funds dissapered from unknown exchange I am using Ledger Nano, I think it is safe
Sure. It's the safest wallet at the moment and your money will never be stolen again
member
Activity: 798
Merit: 38
September 25, 2019, 07:13:03 PM
The rate at which different forms of wallets is increasing these days is quite alarming. Which then means that one needs to be careful. It is better to continue to use the old one, which one has been acquainted with, than going for that which is strange.
At least. if I have people who use any, and can vouch for such, then I might use it.
legendary
Activity: 1722
Merit: 1014
September 25, 2019, 07:07:05 PM
I consider using some new crypto wallet only if it is popular and trustworthy enough. And only if it loos much better than the one I used before. Sometimes it's better to stay calm and not to worry at all - at least you won't regret it if this new wallet/exchange/platform fails somehow.
jr. member
Activity: 350
Merit: 1
September 25, 2019, 06:52:39 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
But in General nothing should be trusted not to new wallets as the old , crypto-currencies are very easy to steal and impossible to return this is always need to select only the best purse with the protection.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
September 25, 2019, 06:46:42 PM
Anyone trusting any new wallet on playstore without ensuring it is safe through asking questions is clearly taking a risk he might not be able to control afterwards. I have seen many people who uses random wallets on playstore and later come back to report. Before holding our assets in any app, we should make sure to check the wallets supporting that coin, if there is an already existing wallet which is trusted, it should be used; if there isn't then contact the team to know the right wallet.
Most of the new people always think that everything in the playstore is safe while it actually isn't. There are so many cases about playstore listing some of phishy apps and a crypto wallet is also one of them.
People should just try to search up to google a bit for the most popular wallet and then use them instead of using random wallet.
full member
Activity: 925
Merit: 100
September 25, 2019, 06:39:00 PM
Anyone trusting any new wallet on playstore without ensuring it is safe through asking questions is clearly taking a risk he might not be able to control afterwards. I have seen many people who uses random wallets on playstore and later come back to report. Before holding our assets in any app, we should make sure to check the wallets supporting that coin, if there is an already existing wallet which is trusted, it should be used; if there isn't then contact the team to know the right wallet.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
September 25, 2019, 04:35:01 PM
Well, if they download random wallets from the store or the internet and loses their funds, then sadly, they do deserve to get scammed and hacked. At least they will learn a lesson from here. They will be careful next time when using such wallets. Sounds harsh, but this harsh way will actually open their eyes.
Like other suggested, never use a new random wallet that just popped up. Don't even think about using a web wallet to store your coins for long term!
full member
Activity: 896
Merit: 103
September 25, 2019, 04:32:00 PM
after two times when my wallets was hacked and funds dissapered from unknown exchange I am using Ledger Nano, I think it is safe
full member
Activity: 1064
Merit: 101
September 25, 2019, 02:49:23 PM
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.
member
Activity: 728
Merit: 14
September 25, 2019, 02:28:47 PM
never change a running system. i also have this motto with my wallets. why should i switch if i'm satisfied with my current wallet?
besides, there are far too many wallets you can not trust. for that very reason, i would not change my wallet often.
member
Activity: 742
Merit: 11
September 25, 2019, 02:12:26 PM
I  really don't trust  a new wallet, especially if you need to download them through app or in desktop.  I want to access first thru web wallet, because some scammers conceived to steal data from crypto wallets.
full member
Activity: 854
Merit: 101
September 25, 2019, 01:50:45 PM
I will only use new wallet if that wallet is in new blockchain, like the payment of the bounty will go there.
But i will never transfer my other cryptocurrency on that wallet.
I am good at the old ones, it never give me trouble.
newbie
Activity: 29
Merit: 0
September 25, 2019, 01:46:05 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

U can use Coinomy Trustwallt Counos wallet.
full member
Activity: 1260
Merit: 100
September 25, 2019, 03:46:57 AM
New wallet without new function is just a waste. Peoples won't use the new wallet if they already using existing wallet conveniently.
The developers of new wallet must have something to offer to the users, so the users can using their wallet.
Security is no 1 in crypto wallet, we don't know yet how safe the security of new wallet, so it can be risky.
newbie
Activity: 43
Merit: 0
September 24, 2019, 06:14:53 AM
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sr. member
Activity: 1106
Merit: 310
September 24, 2019, 05:23:28 AM
best way to protect your altcoins or bitcoin is to use the trusted wallets or exchange
or hardware wallets because sometimes exchanges even if you secure it , they got hacked mostly
sometimes inside job
sr. member
Activity: 1078
Merit: 256
September 24, 2019, 05:23:20 AM
#99
There are some new wallets that has unique features, but I don't know if they really safe to use. Well it is better to use a trusted old wallet than a new one because some new wallets could be a malware so let's stay safe.
One of the risk that users might have will be victimized by hackers or some malware from developers who's untrustworthy, best to keep away from those people and continue using the old one's which already gives confidence from the teams who created the wallet. You need to be more careful as assets value is very important to be secured from the hackers.
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