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Topic: Have you ever been stolen or lost your BTC? - page 10. (Read 1209 times)

sr. member
Activity: 254
Merit: 1258
October 17, 2019, 10:38:57 AM
#7
No, I did almost fall for a scam that impersonated the Erik Voorhees account for shapeshift, where they said they would double the shift on one tx for doing the survey. I pulled the plug on my trezor during the transaction. I almost lost a few bitcoin, I felt like such a fool.
sr. member
Activity: 1316
Merit: 257
October 17, 2019, 10:39:13 AM
#7
I have never lost a coin.  but there is a friend of mine who lost due to carelessly pressing an unknown link on his email, finally all the funds in his wallet were drained away. seeing the incident woke me up, to be more careful in accessing my wallet.
many methods used by hackers to break into the user's wallet the most common way is phishing, these thieves are willing to spend capital for buy a domain and create fake website just to break into.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
October 17, 2019, 10:36:47 AM
#6
I experience lost of btc from exchange but its my fault not by exchange , since i am not careful registering in any website and use same email and password and no other security like 2fa .
If i remember i lost around 0.2 BTC that time i recover my email but not my exchange account .
This is the reason why i prefer to store my balance in my own wallet than exchange, after what happen.
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
October 17, 2019, 10:36:37 AM
#5
but how do you actually know, which wallet will be safe?
You use open source wallets. Yes, a lot of people don't know how to verify and take a look at the code themselves, if a certain wallet seems to be vulnerable to a lot of problems and is unsecure in general, expect some developers to call them out; pretty much just like what happened with Jaxx in the past. This is why you should always use non-custodial wallets that are already fairly reputable so we know that the code was at least most likely studied by a good number of people.

How did you choose your current wallet?
By learning about the pros and cons of certain wallet types. And since I want to maximize security but with decent usability, the perfect pick was a hardware wallet. In my case, Ledger. Which is greatly reputable in the cryptocurrency space, along with Trezor.
sr. member
Activity: 806
Merit: 250
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October 17, 2019, 10:34:24 AM
#4
The safest way is to keep your bitcoins in a cold storage and you keep your own private keys. Besides if you lose them then you cannot blame any of the exchanges but yourself alone.

Personally I have many wallets, online and offline, some I just keep on exchanges. Binance have SAFU now and is doing fine since that hacking incident. But if you have bitcoins that you don't want to touch for a long time then better buy a trezor or a ledger.  

sr. member
Activity: 1372
Merit: 264
October 17, 2019, 10:24:46 AM
#3
I've experience this situation and unable to withdraw my bitcoin and i felt been scam since they are rejecting my KYC information and they need more personal information. I will not mention the name of the exchange.

And i think its not a good idea to keep your bitcoin in exchange and withdraw and deposit it to your cold wallet that has access to private keys to secure your funds.
sr. member
Activity: 1092
Merit: 254
October 17, 2019, 10:21:18 AM
#2
Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?

Thank's God I have never been stolen. But it is a pity, my close friends were, and I would say even more, noone has such strong guarantee that it never happens to him. Of course it is not very safe to keep your assets on the exchanges, even in case it is strongly protected. It is better to use wallet on the separate gadget that is not used by you for other different things like searching information, watching films or downloading some of the programs. Too many risks everywhere. I like MyEtherWallet, but there are some cold wallets that really good in use. But first of all it seems to me your safety depends on the kind of wallet you choose, but first of all it depends on your being attentive and your maximum following the rules of using your gadget.
member
Activity: 273
Merit: 14
October 17, 2019, 10:09:45 AM
#1
Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?
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