Topic: How safe is our money in crypto? (Read 7743 times)
If you think your money is safe, you're wrong. Fiat is never safe. Your money in your bank account can be stolen by fraudsters. I think it's safe to keep the crypto money. Because I only know the private key of my crypto money wallet.
The safety is all about the fact that you control your own money in the crypto space expect if you have put your coins in a centralized exchange or any third party site for any kind of business of which you accepted its terms of service.
Money is not at all safe in cryptocurrency, There are so many hackers around here who's only business is hack a wallet of bounty hunters to get money without doing anything.
Our money in crypto is not safe at all, because you invest here in crypto ofcourse it is risky that is why our money is not safe. Those hackers is so crazy about hacking our coins and doing it always to gain profit.
Take care in saving assets. save everything in a safe device. if indeed you have money it is recommended to buy nano-s or trezor wallet for more secure assets
sometimes people lose their assets in bitcoin. it's because of their own mistakes. not be careful to protect and secure their wallet. from viruses or Wallet security keys that are not strong
No money is ever safe when you engaged in cryptocurrency investment. First, it's market value is very volatile so you can't expect it to have a stable price that will not threaten your money. Second, cyber criminals are around trying to steal people's assets including yours.
of course we have to secure it as safe as possible, because if we don't work our money will be lost, we really don't know how secure our money is in crypto, but it would be better if we could save it carefully so that no one else knew the wallet password we have.
The security level to our monies on crypto depends on how an investor chooses it. It is always good to read about a project before investing to avoid the risk of investing your money into an already dead project.
There are also hard ware wallets like the Ledger Nano S which offers good security for holding coins.
There are also hard ware wallets like the Ledger Nano S which offers good security for holding coins.
Cryptocurrency can be risky truly saving your money but I believe this days its also a safe place for me and like being Said most mistakes are personal and there are ways to keep your self safe of getting ripped. Try keeping your wallet safe and I believe there are many ways which you can loose money because if it's only one way it could have been better to emphasize on it. Investing in wrong project is also a way of loosing money but we can still control loosing money anyhow by being extra careful.
it depends a lot on us. on how we treat security. Many cryptocurrency holders themselves admit that they steal funds from them without observing elementary security requirements.
Money is not at all safe in cryptocurrency, There are so many hackers around here who's only business is hack a wallet of bounty hunters to get money without doing anything.
Well, as we can see, there is a lot of vulnerability I can see in the private key and wallet that we use. for example, you can easily try to jumble your private key in myetherwallet, after this, when you enter your private key, you can open another account with its respective wallet address without ease. It is surely a vulnerability for me.
I think it's not safe to keep money in crypto currency because of the situation of the market and price not stable and keep dropping Everyday
There is a lot of swindlers and hackers everywhere. Sphere of cryptocurrency too not an exception. There is also a lot of deception and fraud. It is necessary to be very careful not to lose keys from a purse or a purse. Our money in cryptocurrency isn't in safety.
Never think your money is being saved when turned to coin it just like gambling you on a 50/50 chances of winning either you lose or or make profits, safe ain't meant for crypto beware
You can also say about cards, there are a lot of carders nowadays, so you can't keep your money on a card, etc., so you need to follow all safety rules and everything will be fine.
now it is not safe to store money in cryptocurrency. your money is safer in the Bank. but investing in cryptocurrency you can get multiple profits.
But I think that investing in cryptocurrency is always dangerous. This asset is very profitable and very risky. But I am willing to take risks for big money.
If you're referring to security then unlike banks where you have to depend on them to keep your money safe, in Crypto you're your own security and your assets depends solely on you for safety. But if you were referring to investment safety, Then you should know that crypto possess the highest risks when it comes to investments, Just as the popular crypto quote, "Only Invest What You Can Afford To Lose"
Yes, I ran into phishing at the beginning of my acquaintance with cryptocurrency. They stole tokens from MEW, the prl tokens cost about $ 100 at the time of theft in November 2017, and after two months their cost was about $ 25,000, it was very disappointing. Then I did not become greedy and bought a trezor. Well, if you give general recommendations, then recheck the site address several times, use your device only for operations, store the keys on a flash card.
It depends on which cryptocurrency you invest in. There are a ton of cryptocurrencies out there and most of them are valued less. These less valued cryptocurrencies attract many people, not knowing that many of them could fail in the near future.
ypur money can be safe but the thing os no matter how professional ypu are upu can still lose them really quick Jump to: