How safe is our money in crypto? - page 54.

rickadone

legendary

Activity: 1176

Merit: 1024

Quote from: mary0919 on August 07, 2018, 03:32:33 AM

Quote from: A.H.Rassel on July 25, 2018, 01:34:28 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 cannot say our money here in this business is safe that is why if I earn I will get my capital and invest the rest so my capital will be safe and my earnings are in the investment. I will not keep all my money here because there is big chance of losing like if I can forget the password or the private key and most of all it can be hacked.

Honestly if you know how to save your coins than it is the most safe option there is out there, if you really know how to use stuff like ledger nano and so forth or at least have a way of using rasberry pi or so with coins wallet inside installed with the coins stored or even go back a few years when the cash prints were a big deal and people had printed out their big number of coins in paper just like cash and they stored it there. I honestly think there are a lot of ways to keep your crypto very safe.

The encryption algorithm which is being used in all cryptos are safer until the invention of quantum computers. Other than this, our coins are safer until we have stored our passwords safer. Yes, first concern must be system after that all the responsibilities are within us to safe guard our cryptos.

hollet

newbie

Activity: 163

Merit: 0

we know that in the world of cryptocurrency we must be more careful because if we misstep or careless it will be risky. we must be able to save and manage our crypto assets well so as not to suffer losses. the most important thing is never to rush to do something and keep careful.

mary0919

full member

Activity: 476

Merit: 100

Quote from: A.H.Rassel on July 25, 2018, 01:34:28 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 cannot say our money here in this business is safe that is why if I earn I will get my capital and invest the rest so my capital will be safe and my earnings are in the investment. I will not keep all my money here because there is big chance of losing like if I can forget the password or the private key and most of all it can be hacked.

Btcshawn2017

newbie

Activity: 61

Merit: 0

I think there is no safety when money is in involve on crypto today because it can easily be hack by some hackers so my advise is be wise.

firaituaku

full member

Activity: 364

Merit: 100

yes that's true, and it's very annoying. experience teaches me to be more careful, keep all important data such as eth address and private key. and also be careful when opening a wallet, never open it through your smartphone.

deppil

hero member

Activity: 1008

Merit: 501

Quote from: toygama on August 07, 2018, 01:06:26 AM

Quote from: jony35490 on July 25, 2018, 01:42:15 PM

Quote from: A.H.Rassel on July 25, 2018, 01:34:28 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 our money is very risky on crypto currency. Cause there have lot of chance to loss our whole money. But if you want to get some good profits you need to take this risk. You can also use all higher security to safe your money from hacker.

Since we know that already all we have to do is to apply all precautionary measures to kept our assets safe, taking risks I think is a pre requirement of our journey going to success.

all have risks but the risk can be minimized by how you manage it. there are 2 risks that are considered. first risk because of hackers and there are many explanations about securing your assets in the wallet from hackers. like using hardwre wallet, 2 autentication factors and so on. second risk to investment. You have to hone your skills and knowledge for this

idioma1

newbie

Activity: 266

Merit: 0

That's true. Maybe the best way is to keep it in hard wallet on your computer

Hendramuliadi

full member

Activity: 308

Merit: 100

I do not save money in my wallet except the results of the prize campaign. if it's for trading I do it in a short time. for the safety of my money. because I don't like hackers who hunt our wallets.

labhsikh123

newbie

Activity: 126

Merit: 0

Absolutely, We have lot of risk in crypto currency. If we want to earn more profit, it will have to bear the risk. More risk is more profit. However,
I will recomend for the security to safe money from hacking purpose.

kobe24

sr. member

Activity: 616

Merit: 250

www.cd3d.app

Yes you're right many people are doing that some are giving a phishing site to hack your wallet so its better to check carefully thw website

WolkGold

newbie

Activity: 139

Merit: 0

Quote from: A.H.Rassel on July 25, 2018, 01:34:28 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, I'm not comfortable with personal wallet like mew or metamask for erc 2.0. The hacker is still a really serious problem at this point. So, I tend to keep them on the exchange floor.
crypto is safe but it can not be blamed for hacking issues from usage or preservation of the user. So, be wary of any of these.

mh6e

newbie

Activity: 140

Merit: 0

Quote from: jony35490 on July 25, 2018, 01:42:15 PM

Quote from: A.H.Rassel on July 25, 2018, 01:34:28 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 our money is very risky on crypto currency. Cause there have lot of chance to loss our whole money. But if you want to get some good profits you need to take this risk. You can also use all higher security to safe your money from hacker.

If were talking about safety, in crypto there's no guarantee that,when we wake next morning our money is still there. That's how risky this business is but if we compared to gamble this is much better. At least here your the one to decide if you want to win or loss. The only unfortunate here is if you got hack that's beyond our control.

deloreswest

member

Activity: 350

Merit: 10

Open and Transparent Science Powered By Blockchain

Quote from: A.H.Rassel on July 25, 2018, 01:34:28 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.

its quiet safe i think as long as you safe your private key in the safe place. Yet i do think if you wanted a safety you should store your money in bank not in digital currency.

grimjoever

newbie

Activity: 115

Merit: 0

there's nothing safe in crypto market. that's why we can got big profit here.. i prefer you to use extra money in it. so if you on the situation that you should hold you didn't cutloss and losing money

Alfamouse

member

Activity: 224

Merit: 10

If you want your money to be safer then it's better to store your money in the bank but the value of your money won't grow rather they will lose it's value to inflation.

ELE.ZYK

full member

Activity: 434

Merit: 100

I don't worry about my wallet unsafe. On the one hand, I only exchange encrypted money when I trade, on the other hand I don't browse and open the unsafe website.

Nikolas_the_Wonderworker

jr. member

Activity: 238

Merit: 1

Money in the crypto currency is very unsafe - you always have to trust strangers on the other side. I believe that the efirium wallet is a risky place to store. I think that the secret key is not exactly secret when you insert it for the first time. Maybe I'm wrong.

akishang

member

Activity: 434

Merit: 18

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

If its money, there will always be risk no matter what way you are keeping it. The only advantage of crypto is its accessibility. You just have to be cautious on the things that you do on your device and hope that those hackers will not be able to access your wallet. Keep your private key safe and always make a backup on your file. Prevention is better than cure. That also applies on crypto wallets.

ropyu1978

hero member

Activity: 1904

Merit: 510

Quote from: A.H.Rassel on July 25, 2018, 01:34:28 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.

Well, I think you know very well every risk we can face at any time. especially in terms of hacking that often happens lately. in my experience, I have never had a problem as long as I have full security against the computer I use. especially I always give priority to security internet.

kier010

full member

Activity: 532

Merit: 100

money is not safe in crypto because of different reasons. the hackers as you said is one of the reasons. cryptois also volatile and your money may lose instant or piece by piece until nothing is left. but even it is risky there are still many people using crypto. if there is a risk there is also profit.

Topic: How safe is our money in crypto? - page 54. (Read 7718 times)