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Topic: How safe is our money in crypto? - page 53. (Read 7718 times)

member
Activity: 294
Merit: 11
August 07, 2018, 11:31:07 AM
I think there is no one can guarantee our money in crypto to be very secured. However, we ourselves that should manage and protect our money. We know that crypto is very full of risks. We can't lose our money easily. However, on the other hand, crypto itself is very beneficial.
Yes agree with this one, always remember nothing is safe on the internet but you can minimize the risk ofcourse by being careful. A lot of people right now are not really totally aware about the technologies these days and that's why a lot of hackers taking advantage of them. Just avoid any unsafe links/websites and clicking links from random emails or downloading anything from random links or peoples. Goodluck everyone.
newbie
Activity: 142
Merit: 0
August 07, 2018, 11:26:50 AM
Anywhere you will save you money there will always have a risk even if you are saving it on bank account, on you house, there is still a way for bad people to get you money off. Such in crypto, just keeping our wallet key or using hardware wallet is more important and maybe the only way to make our investments are safe.
newbie
Activity: 38
Merit: 0
August 07, 2018, 09:56:10 AM
There is no safe money in Crypto market.
member
Activity: 168
Merit: 10
August 07, 2018, 09:53:12 AM
And I want to add that a lot of factors and nuances need to be taken into account to store money in the crypto currency. For example, ease of use, a good security system, only in these cases it is good to store your money in the crypt.
member
Activity: 168
Merit: 10
August 07, 2018, 09:52:32 AM
I think it's safer than keeping them in the same bank. In the crypto currency your money is not just lying. And they are working intensely. And this brings more profit. I think so. I generally see that many began to store their money in the crypt. Not just the same, right?
member
Activity: 574
Merit: 10
Gistcoin
August 07, 2018, 09:52:10 AM
I think there is no one can guarantee our money in crypto to be very secured. However, we ourselves that should manage and protect our money. We know that crypto is very full of risks. We can't lose our money easily. However, on the other hand, crypto itself is very beneficial.
sr. member
Activity: 504
Merit: 250
August 07, 2018, 09:51:32 AM
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.

In any case, there are always different risks associated with fraud and attempted theft, they just need to be known and accounted for. Especially it is necessary to remember about the risk of falling of the market of crypto.
if we are always vigilant and careful, the money in our wallet will not be easily lost or hacked by hackers. because hackers usually look for wallets that are easy to hack like people who are arrogant and negligent.
sr. member
Activity: 1078
Merit: 270
August 07, 2018, 09:47:48 AM
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 you know very well about that, but the fact is that hackers only occur on a few exchanges. my experience, my wallet was never hacked by anyone as long as I guarded it and made my own security.
full member
Activity: 644
Merit: 101
August 07, 2018, 09:39:42 AM
It is safe since it is base on blockchain, the only problem is that when the value of the specific altcoin you hold will collapse so picking a right altcoin is also important. Doing some research will prevent your money from collapsing. So, instead if you find a good altcoin while keeping your money you also make it grow. One example is bitcoin, if you keep your money in a digital way through bitcoin on earlier years, let us say 2010 then you are already getting profits until today. So I could say that putting money on crypto is a good thing but depending on what kind of digital asset you will choose to keep.
newbie
Activity: 182
Merit: 0
August 07, 2018, 09:33:03 AM
Crypto is safe and nice from technology for creativity and utility to the user. transparent and effective. But it can not prevent the wrong effects and problems hackers or security measures. Be careful and vigilant.
full member
Activity: 616
Merit: 100
August 07, 2018, 05:29:01 AM
For the safety of my own money and coins in General, I use the "cold wallet". Access to which I have only and most importantly it is not in contact with my computer. Therefore, I recommend it to all those who care about the safety of their own investments or received bounty.
member
Activity: 322
Merit: 10
August 07, 2018, 04:53:32 AM
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.

In any case, there are always different risks associated with fraud and attempted theft, they just need to be known and accounted for. Especially it is necessary to remember about the risk of falling of the market of crypto.
member
Activity: 308
Merit: 10
August 07, 2018, 04:50:55 AM
No one is safe even our lives, what we do now is to protect our assets to be claimed illegaly by the hackers. When you are entering this community, you'll have to think first the consequences to be face, the risk to be filled. Crypto is the game of survival ,you'll have to defeat others in order to gain profit but in a fair game trading. Not likely some other people who are trying to scam or fraud  some newbie in order to get a money.
member
Activity: 672
Merit: 10
umachit.fund
August 07, 2018, 04:41:22 AM
If there are still a lot of their hackers activities, then the security of our money in crypto is worrying.
But I keep on forwarding positive things about hackers because if the money is ours then it won't disappear.
jr. member
Activity: 308
Merit: 3
August 07, 2018, 04:41:16 AM
I think it is not safe if we put our money in crypto, first of all it is very volatile and sooner or later the coin or token that you are holding will lose value. And beware of hackers and scammers especially in this techno world. If the value of your coin or token is good then better change it to fiat for safekeeping.
newbie
Activity: 126
Merit: 0
August 07, 2018, 04:38:29 AM
Everything has good things and bad things. Investments make on any field is also same situation. Unfortunately, losing money in crypto is very easy there are lot of ways to make your money unsafe on crypto. Your wallet may be hacked and you lose everything. But you can improves security phases that will help to protect our wallets from hackers. But this Crypto game is worth it to risk. Have to be careful always.
full member
Activity: 228
Merit: 101
August 07, 2018, 04:28:17 AM
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.

Being "EXTRA CAREFUL" is the key for you money in cryptocurrency don't go in vain because of those hackers out there lurking for their preys, just don't be too naïve and you'll not be victimize by those hungry hackers. The first thing that you need to do is you have to provide a secure wallet for you money in cryptocurrency, if you got bitcoins then just simply get a Hardware wallet which is safer than a web wallet.

Then if you have Altcoins then you could also buy Nano Ledger for more security since you are the only one who knows your private key unless you give it to someone or accidentally give it to someone. I'm not promoting this products, I'm just giving you guys an idea because this are the products that I'm using and luckily I didn't lost any money on my cryptocurrencies.
jr. member
Activity: 344
Merit: 1
August 07, 2018, 04:10:39 AM
Well, investing in crypto is worth it.... Sometimes  u can get as much as 30times ur initial investment, even sometimes far more than that at times... Nobody wants to loose their money... So there are many ways to secure your account to safeguard it against hacking Google authenticator and some odas can be used aswell.... Its really worth it because someday u will hit ur fortune...
member
Activity: 420
Merit: 31
August 07, 2018, 04:09:54 AM
What is the amount of "money" amounts? If the sums are less than with five zeros, then the worry is not the external threat but the internal one - inattention, a cold attitude to the data, and so on.
member
Activity: 71
Merit: 10
August 07, 2018, 03:46:35 AM
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.

There's a positive and negative side in cryptocurrency. First for the positive side is by the help of the cryptocurrency we can invest and have an income so by that we can plan a great and bright future. And the negative side is there are some people that who illegally gains access to  some account users and sometimes tampers with information in a computer system to hack the wallets of a user.
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