How safe is our money in crypto? - page 30.

Mypanara19

member

Activity: 826

Merit: 11

Quote from: A.H.Rassel on July 25, 2018, 12:34:28 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 agree with you when you said that 'there are so many scammers around', but as long as we always make all our wallet safe and secure then I guess scammers wouldn't have a chance getting those tokens from other people. Keep all your accounts safe and make sure you enable all the security feature from your accounts and avoid clicking websites that is not safe becaise that's what the scammers do to get access with your wallets.

KobbyD

newbie

Activity: 126

Merit: 0

Quote from: A.H.Rassel on July 25, 2018, 12:34:28 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.

Aside from hacking, the money that you will put into cryptocurrencies can depreciate to a very low value. The luckiest thing is that, after taking on this risk, only one coin can make you rich.

Peashooter

sr. member

Activity: 868

Merit: 257

Quote from: A.H.Rassel on July 25, 2018, 12:34:28 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.

Safety of our money is dependent to ourselves. Even in cryptocurrency or in real money. If we are careless about the information and the action that we are doing our.money will be not safe. Safety of your money also depends on where you invest it. There are a lot of scams, if you dont have knowledege and simply just investing without doing any background checking then maybe your.money will be lost.

gloomyz

jr. member

Activity: 280

Merit: 1

Quote from: A.H.Rassel on July 25, 2018, 12:34:28 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.

indeed when we save money in some wallets it looks very insecure. therefore until now the safest is to save offline wallet like ledger wallet

nicedreams

member

Activity: 173

Merit: 10

Yeah, but it could be the same for your money in your bank at this IT age. Internet transaction, just one click to send your money from this bank to another bank in a different country. In the end, crypto is not safe but so is your bank.

Abiodun99

newbie

Activity: 140

Merit: 0

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.

insurgent

member

Activity: 168

Merit: 12

Look ARROUND!

Quote from: A.H.Rassel on July 25, 2018, 12:34:28 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.

Safety of your money or your wallet relies on you. As a holder you should be careful in signing in devices or in signing using public WiFi. Also in clicking some links because it can lead to some sites of hackers. Just be careful enough in posting your data. But as I can see that the see in cryptocuurency the secury is safe

bastiankey03

newbie

Activity: 73

Merit: 0

if what you meant by safe is safe from hacker or any other cybercriminal, then i think it's quite safe. but if you prefer safe in market loss, then nothing "safe" in crypto market

Xomukiw

newbie

Activity: 77

Merit: 0

For reserve funds wallet im utilizing my old PC to introduce the wallet, and never associate it again to web, I made a reinforcement on 5 pcs of paper and safe it separetly, I think im 90% safe from online risk, yet for phisicaly danger im still valnurable. Yet, to trade wallet im utilizing wallet with 2fa so I think im enough safe as well

TpoJIb

member

Activity: 252

Merit: 13

Hacking a wallet is not so simple it usually happens if you do not take seriously the security of your data

Specialforce

full member

Activity: 378

Merit: 100

Well sometimes their are no gurantee that you will keep your money safe all the time but there are wyas to prevent it like buying a hardware wallet like a ledger and some sort and also not click anything from net and making sure that you know what you are doing

byteminr

sr. member

Activity: 574

Merit: 256

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Quote from: infinity33 on September 05, 2018, 05:50:24 AM

Quote from: catok broek on September 03, 2018, 06:32:51 PM

I think it's very safe, because of the high level of security that Blokchain has is very trustworthy and proven, it's just that some people from crypto holders are not careful or open a pishing address, so the crypton account or wallet is hacked by irresponsible people.

Our money is safe in crypto if we just know how to keep it properly. By using a strong password and changing it often will help us secure our money in our e-wallet, and better have a hard copy of our strong password in the computer.

Will be better if you save your keys not on your computer but on the paper
Computer can broke or be hacked

4garret

newbie

Activity: 168

Merit: 0

Quote from: A.H.Rassel on July 25, 2018, 12:34:28 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.

yes it's true, because cryptocurrency is not like a bank. crypto is an investment place, where the price can go up and down anytime and unexpected. therefore don't ever spend your money in crypto, because there are too many risks here.

Accts4u2

member

Activity: 350

Merit: 11

As safe as your money in any other investment. With cryptos though, the safety of your money depends on you and how well you secure the wallets that you are storing your coins in.. Always make sure that you are using the right wallets to store your coins, make sure that you are sending coins to the correct address and make sure that you do not use exchanges to store your coins

rightway00372018

newbie

Activity: 210

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Quote from: A.H.Rassel on July 25, 2018, 12:34:28 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.
[/quote

Agree, aside from risk of hacking incident which is rampant nowadays our crypto currency is not safe from price volatility most especially if the crypto market is very weak and we can't really sure when it happen so we can be ready of the huge fluctuation.

wdnj

hero member

Activity: 762

Merit: 500

Quote from: HaFiiSs on September 06, 2018, 03:39:38 AM

Any money and anywhere, there must be risks. There is a risk of cryptocurrency hacking, we must personally take security measures individually. The risk of wrongly investing our money can be a failed or scam project, the risk of failure, etc. But even if there are still many advantages of cryptocurrency, we just need to be extra careful and watchful.

The money is not 100% safe but at least while we stay safe and we don't to things that can risk our assets then I think we are safe enough but not 100%.
Staying away from viruses, randsomwares, staying in clean devices, using some things only for wallets, making backup and testing if the restore really works.

HaFiiSs

newbie

Activity: 126

Merit: 0

Any money and anywhere, there must be risks. There is a risk of cryptocurrency hacking, we must personally take security measures individually. The risk of wrongly investing our money can be a failed or scam project, the risk of failure, etc. But even if there are still many advantages of cryptocurrency, we just need to be extra careful and watchful.

[email protected]

full member

Activity: 406

Merit: 100

Do not forget that this is an investment. You must be careful with your money. Do not invest in bad projects. You must understand that you can lose money. These are risks and therefore one needs to be cautious when investing in cryptocurrencies. Invest only in good projects that will be interesting in the future

keepandhold

jr. member

Activity: 223

Merit: 1

If you are afraid of hackers then use hardware wallets and store important information in encrypted form or on paper.

bennysax

newbie

Activity: 190

Merit: 0

This is true. Hackers all over are threat to our hustle. It is quite unfortunate that they would always be there in as much there are still not necessarily lazy but dubious people out there. I say they may not be lazy but dubious because I want to believe that it is not an easy task for one to devise a means that can hack into people's wallet but then, because of their wicked nature, they decided to channel their strength into defrauding others of their had earn money.

I wish it is very impossible for them to achieve their nefarious act; it would have been the best thing that happened to bounty hunters.
My only advice is that we should try as much as possible to avoid indulging in any activity that would expose our wallet to them.

Topic: How safe is our money in crypto? - page 30. (Read 7743 times)