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Topic: How safe is our money in crypto? - page 26. (Read 7743 times)

member
Activity: 149
Merit: 10
September 16, 2018, 06:28:53 PM
Our money is actually safe in Crypto but we need to invest with causion and be patience with what the market might be saying and definitely profits would come.
If you have everything that you need to be done in crypto taken care of then it should be a little safe.
full member
Activity: 518
Merit: 100
September 16, 2018, 06:19:22 PM
I would say that it is safer in the bank because there are possibilities for wallet address to be hacked and at the same time there are risks involved regarding with profit loss due to market volatility such as at this moment wherein the market value of most cryptos are falling. If you are into secured wealth, choose banks instead.
newbie
Activity: 126
Merit: 0
September 16, 2018, 06:15:33 PM
Hacker usually do not target wallets with small holdings, if you are holding significant amount, it is best you get a hardware wallet and store your assets offline. That should be sufficient in as much you keep your private keys offline too
sr. member
Activity: 770
Merit: 250
September 16, 2018, 06:12:42 PM
The best way to protect your savings is to store them in your hardware wallet, but unfortunately you can't store different tokens or coins on it.
newbie
Activity: 66
Merit: 0
September 16, 2018, 03:15:54 PM
Our money is actually safe in Crypto but we need to invest with causion and be patience with what the market might be saying and definitely profits would come.
full member
Activity: 206
Merit: 100
September 16, 2018, 03:05:06 PM
Our money cannot be in safety anywhere. If to store them in cryptocurrency, then it is necessary to get a cold purse surely. But you can also lose from it access, such cases already were.
sr. member
Activity: 756
Merit: 250
September 16, 2018, 03:01:28 PM
I think that today the main problem of safety is not hackers, but actually it is volatility of the whole market, money is not safe even if it is in BTC...
In any investment there is a risk. Market volatility is a good opportunity to earn a lot of money. There are many coins except bitcoin investing in which you can get a big profit.
full member
Activity: 378
Merit: 100
ApolloX
September 16, 2018, 02:51:39 PM
I think that today the main problem of safety is not hackers, but actually it is volatility of the whole market, money is not safe even if it is in BTC...
newbie
Activity: 240
Merit: 0
September 16, 2018, 02:50:38 PM
I think that's the disadvantage of decentralization and anonymity, that you as a user are 100% responsible for the security of your coins, so you have to keep them in a safe and protected place, many people only have laptops or notebooks offline to serve as wallet and thus keep their information safe, every day we see less news of hacking, at least to exchanges recognized so that is another concern that is dissipating.
member
Activity: 189
Merit: 28
September 16, 2018, 02:46:23 PM
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.
i think as long as our wallet is on the internet it is not safe at all. hackers is around the internet. you can avoid being hacked by simply not giving your private key to anyone.
legendary
Activity: 1470
Merit: 1002
September 16, 2018, 02:43:44 PM
Well we cant totally put the faith in the crypto security. We need extra precaution that can help to more secure our money like using a hardware wallet or 2 time password to protect our money.
legendary
Activity: 2179
Merit: 1201
September 16, 2018, 02:34:17 PM
For a safe investment, you must first secure your account or your coin hold. The next step is to closely monitor the growth or downturn of the project you are investing in to know when to sell or continue to hold.
hero member
Activity: 826
Merit: 501
September 16, 2018, 02:33:56 PM
I think it's safe enough. Because I have never even felt lost. This means that my wallet has never been hacked by hackers and also things that have harmed me. Saving money in crypto is safe enough while you store it in the wallet. But unstable prices sometimes need to be considered.

True. Crypto market is unstable but it doesn't mean that it is unsafe. But of course, it always pay to be vigilant at all times especially in money kept by means of crypto. Hackers are present anywhere ready to breach so it pays to be preventive at all cost.
member
Activity: 67
Merit: 10
September 16, 2018, 02:33:31 PM
There must necessarily be primary and secondary security. The primary is not to visit questionable sites. Secondary - do not store passwords in accessible locations. Well. and as for their depreciation, it turns out that all the money stored in the crypto currency is not safe.
member
Activity: 154
Merit: 10
September 16, 2018, 02:30:48 PM
I think it's never possible to be completely sure of something. In any kind of activity there are always risks. And this applies even to small things. So just live, work and think about a promising, carefree future.
newbie
Activity: 140
Merit: 0
September 16, 2018, 02:28:20 PM
Yes their are series of hackers who do nothing other than to dupe the people of their hard earned money most especially in the cryptocurrency world. But one thing is certain, if a wallet owner doesn't compromise his or her own private keys to his wallet, no hacker can hack and still ur money.
copper member
Activity: 518
Merit: 2
September 16, 2018, 02:25:41 PM
I will say just like every other thing in life, crypto is a risky terrain and care must be taken to ensure your digital assets are safe and secure as much as possible. Be sure to take care of your wallet keys, preserve them in multiple offline places and also, try as much as possible to keep a written record of them. Another thing to note is, always do some background checks and studies on the companies you decide to trust with you crypto investments, above all, invest only what you can afford to lose.
full member
Activity: 406
Merit: 100
September 16, 2018, 02:18:54 PM
As for security, money in the crypto-currency space, you are right, there are problems with this. But still, to avoid this situation, you need to protect yourself, that is, be careful not to store all your passwords on the desktop of your computer, and not to Shine your email address, and finally I would recommend you to buy a cold wallet.
jr. member
Activity: 434
Merit: 2
September 16, 2018, 02:17:43 PM
Alot of risk is attach to money invested in crypto because is volatile.You can never be certain of it outcome.in crypto ,anything can happen.To say your money is safe in crypto is kind of far from the truth,though you may be the lucky guy that will hit the next jackpot in crypto.In crypto,anything can happen.
full member
Activity: 384
Merit: 100
September 16, 2018, 02:07:09 PM
I think it's safe enough. Because I have never even felt lost. This means that my wallet has never been hacked by hackers and also things that have harmed me. Saving money in crypto is safe enough while you store it in the wallet. But unstable prices sometimes need to be considered.
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