Topic: ❗❗ Friendly Reminder: SECURE. YOUR. ASSETS. (Read 1519 times)
Maybe exchange market will be safety for holding and keep our bitcoin or altcoin is safe, I don't care how many time exchange market have hacked but so far I will trust with all of market holding my asset bitcoin and altcoin.
Though I like coinbase most, And I haven't faced any problem with it! But you are right, Coinbase is not hacker proof. I have Ledger Nano S, I ordered Trezor too. Actually, I very much care about my wallets, but truly speaking, I like coinbase most! But by seeing the Cryptopia exchange hack incident, Now I totally depending on hardware wallets and I think everyone should use hardware wallet before too late.
You are right.Always secure your wallet because there is no 100% security in any exchange. Just your own wallet.
I wonder how long it will take to get this Cryptopia hack sorted out? I hope we can access our accounts soon and it isn't dragged out to be a 6-month long ordeal. I wonder how many exchanges will be hit by hackers in 2019?
Yes, of all the existing ways to store cryptocurrency hardware wallet is the best and safest way. I also use it and my funds are always safe.
Safety issues are fateful for every investor and seeing such sharing people who are willing to help each other is very promising. If we stay together and inform each other recent incidents, security of all will be achieved at the highest level.
I agree about hardware wallet is better ways to safe our funds, but for me, I think that's is expensive. Now I still using free website wallet like MEW. If my funds already much, I will consider using a hardware wallet. And until now my funds safe in MEW. Always update all security and never open your wallet on a public computer.
You're right. Even checked the exchange as Binance, Kucoin etc can't be 100% safe. Always keep your coins in your wallet. And it is best to get a hardware wallet. In that case, you will definitely be safe.
So I bought myself a cold-type hardware wallet. Many say that it is the most safe for your storage. And while a few years of storage of coins in such a purse, they are all safe and sound. I hope that it will always be so.
This is very true and the recent even that can prove this is Cryptopia hacking the good thing is some funds can be recover, the bad parts is it is harming the whole market and holders are having a second thought to trade because hacking is very rampant.
A properly chosen hardware wallet can significantly reduce the risk that your investment will be stolen. Therefore, I advise all investors, especially beginners in any case not to neglect the issue of safe storage, it is very important for a successful investment.
Any system as powerful as coinbase cannot guarantee its security, the right step is to store our own coins and assets in cold storage without connection, use them as needed if needed, because we will regret when our assets are lost
Your post is based on the claim that companies can be hacked, and arguably, will all eventually be hacked. This is a perfectly reasonable claim.
However, it doesn't include the important consideration that individuals can also be hacked, and arguably, will all eventually be hacked (or more simply, lose their own assets).
The important question to ask is not whether it's possible that a company will ever be hacked.
The important question to ask is: Is it more likely that assets are safer with this company, or with myself.
However, it doesn't include the important consideration that individuals can also be hacked, and arguably, will all eventually be hacked (or more simply, lose their own assets).
The important question to ask is not whether it's possible that a company will ever be hacked.
The important question to ask is: Is it more likely that assets are safer with this company, or with myself.
An individual is significantly less likely to get hacked than a company holding millions and billions of dollars worth of assets. As long as an individual does everything right in terms of security, he/she won't get hacked.
A very good and timely reminder, I'll be doing this today. Better safe than sorry!!
We need to secured first our hard earned income from those hackers we need secured it in hardware wallets to safe and secured our assets. This is good reminder for us cause it's hard to earned now, that's why we need to protect it and hackers are always there, this reminder are very helpful to us.
For someone like me who've learnt his lesson in the past with bitebtc exchange I'm boldly enough to say 'its unwise to leave your coins and tokens on any exchanges for a long time' no matter how good the exchange is or how popular ,anything can happen in a blink of an eye ,if you can't afford hardware wallets go for wallets with private keys and beware of phishing
so far, the perception of most people how they think that a market that has never been hacked is a good market I think that is the wrong thing. I also want to ask, is there a place where we can store our assets in the form of FIAT which of course only we have the key
Security is the first thing we need to take care of when using cryptocurrency. That's the most important thing. So I agree with everything you said. It is necessary to disseminate information about it much as possible, especially for beginners.
Your post is based on the claim that companies can be hacked, and arguably, will all eventually be hacked. This is a perfectly reasonable claim.
However, it doesn't include the important consideration that individuals can also be hacked, and arguably, will all eventually be hacked (or more simply, lose their own assets).
The important question to ask is not whether it's possible that a company will ever be hacked.
The important question to ask is: Is it more likely that assets are safer with this company, or with myself.
However, it doesn't include the important consideration that individuals can also be hacked, and arguably, will all eventually be hacked (or more simply, lose their own assets).
The important question to ask is not whether it's possible that a company will ever be hacked.
The important question to ask is: Is it more likely that assets are safer with this company, or with myself.
[Friendly Reminder]
While waiting for the market bull run, first make sure that your bitcoin/cryptocurrency investments are actually secure. Always remember:
NOT YOUR KEYS, NOT YOUR COINS
If you're still using services like Coinbase to store majority of your coins, you could possibly lose your investments(not an exaggeration). Sure, we respect Coinbase for their service, but Coinbase is NOT hack-proof. NOTHING in general is 100% secure, especially for a centralized system. People in the past probably thought that MtGox was also actually "secure" enough, well guess what happened?
You're significantly decreasing the chances of your crypto getting stolen when using a well-made paper wallet or a hardware wallet.
Yes your right, even sites has a very good security system, you cannot say that it is invulnerable from hacking. Hacking are happens every where at anytime, so you better to secure your coins first into the very safest wallet in crypto. Because we all dont know when or where do hackers do that dirty job to steal our assets in an instant. Safety is better than sorry.
I am pretty much agreed that suing hardware wallet is the most safest wallet that we can use to make our coins be safe very well.
Only you need to buy em in online, or you can also use cold wallet if you don't have budget to buy nano ledger one of the hardware wallet in accordance to my idea about it.
This is true. Recent hackings are from exchanges. Storing coins in a hardware wallet or paper wallet would be the best bet. My advice is when using exchanges deposit in exhanges, do your transaction then withdraw as soon as you have finished.
Most of the people who hold or have huge amount of cryptocurrencies or simply called whales are always use hardware wallet like trezor or ledger which is most secure and safe kind of wallet. Its hard to stock any cryptocurrencies in a exchange and it is very dangerous because if someone hack your account you can lose your entire money and cryptocurrencies. Jump to: