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Topic: How safe is our money in crypto? - page 56. (Read 7718 times)

jr. member
Activity: 238
Merit: 1
August 05, 2018, 12:29:29 PM
It's not good, because for me it's crash. Adding against the purchase of the tbar will be a brilliant idea for remedying the situation. Excellent think, well done!  Smiley Smiley Smiley Smiley Smiley Wink
newbie
Activity: 37
Merit: 0
August 05, 2018, 12:26:04 PM
All decisions must be risky. Then, with that, before we make the decision to save our money in the form of encryption then we must know the risk then we must be prepared for all the risks. It may remain the same in your wallet but it is electronic and its practicality is very ambiguous. We do not know whether tomorrow it still exists or not
member
Activity: 266
Merit: 11
August 05, 2018, 12:25:10 PM
I think that now our wallets are on the lowest level of cybersecurity evolution... There is still a long way of mistakes and big attacks that are to improve the whole ecosystem of crypto.
full member
Activity: 448
Merit: 103
August 05, 2018, 12:21:07 PM
It is basically on your side on how to be safe with your holdings.
make sure that you put your private keys and password in safe place.
also, you must never share it to anyone especially online.
full member
Activity: 392
Merit: 114
August 05, 2018, 12:19:10 PM
If you invest in crypto, you should invest in hardware wallets such as Trezor and Ledge Nano S to store cryptos. Hackers will not be able to steal your cryptos if you store at hardware wallets. So if you do not have a regular transaction on exchange floors, it's a good idea to save at hardware wallets.

Hackers still able to hack your hardware wallets if your computer infected by malware, ransomware, virus , etc.
I think is more safe to backup wallets with privkey, json file, and mnemonic phrase  but you save it to somewhere places , like google drive, or save to harddisk, write down mnemonic phrase on paper.
sr. member
Activity: 588
Merit: 256
August 05, 2018, 12:07:43 PM
before deciding to save or invest our money into cryptocurrency you must first know the risks to be faced. whether our money is safe in a cryptocurrency depends on how we maintain the private key that we have, even though in the internet world there are many people who commit crimes by hacking into someone else's personal account, but if we can be careful to secure the privacy key that we have, then cryptocurrency will be safe to use as a valuable investment deposit
jr. member
Activity: 336
Merit: 1
August 04, 2018, 02:28:25 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 everyone is liable to his/her loss in the crypto world because extra caution is needed when you are dealing with digital currency ranging from exchange of information to how you keep your private keys to your wallet safe,  your private keys is never meant to be shared with anybody note that
member
Activity: 406
Merit: 11
August 04, 2018, 02:27:53 PM
I agree with you .. This is the main problem of crypto currency .. But I heard that for example mew will release faceid protection
sr. member
Activity: 420
Merit: 250
August 04, 2018, 02:24:09 PM
in cryptocurrency, money is safer than anywhere else. people just don't know how to keep their data from other people.
member
Activity: 280
Merit: 10
August 04, 2018, 01:03:54 PM
I expect a decent acceptance of crypto currency by the modern world for 3-5 years now. The world will use the crypto currency as the main payment instrument.
jr. member
Activity: 100
Merit: 1
August 04, 2018, 11:47:25 AM
Oh man, if I am a hacker/thief, I would definitely not target a bounty hunter but a bigger fish  Grin. All right, I know, we should be aware all the time. But as long as you are not doing silly newbie mistakes, you are minimalizing a chance of being robbed of your tokens. Of course, no system is perfect, but as long as you are not giving someone your private keys/holding your tokens on a big exchange 24/7, add a bit of common sense and you will for 99% never experience a hacker attack on your wallet.


That's true. Crypto is a place for risk takers or optimists and like in any investment you have to use common sense to keep your money safe.

Yeah, only invest money you can afford to loose. With higher gain comes higher risk and vice versa.
member
Activity: 294
Merit: 11
August 03, 2018, 02:03:58 PM
The risk is always there, even when you put the money in a regular Bank. But now I have a cryptocurrency stored on a regular wallet and no problems with the loss of funds I fortunately do not
member
Activity: 392
Merit: 10
August 03, 2018, 01:08:40 PM
I've never had a problem and no one's robbed my wallet. You need to keep the money on the exchange and then in case of loss of funds you will only be in the black as some exchanges can return the money
member
Activity: 196
Merit: 10
August 02, 2018, 09:45:45 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 it is not safe in the market. The investment is very risky and we may lose money even without hacker. SSo money in the market is not safe. Be smart and do the wise choice.
newbie
Activity: 35
Merit: 0
August 02, 2018, 09:40:16 PM
In case you're taking think about security of your cash then you should realize that your cash is sheltered as long as you stay mindful, on the off chance that you don't go to outsider destinations, you won't send private keys to anybody
full member
Activity: 686
Merit: 100
August 02, 2018, 07:34:08 PM
Financial assets will be safe if we really keep them properly and never be careless. Wherever we save there must be a loss because we are often off guard.
So it takes a separate place to store private keys and also all things that are personal and need security.
member
Activity: 448
Merit: 12
August 02, 2018, 07:26:36 PM
The safety of your money in crypto depends how you handle it. In order to totally prevent hackers from hacking into your wallet, evry one is advised to use hadware wallet. The us of hardware wallet guarantees ! safety of your fund, except you give your hardware wallet details to another person.
full member
Activity: 437
Merit: 100
Adoption Blockchain e-Commerce to World
August 02, 2018, 07:19:24 PM
If you invest in crypto, you should invest in hardware wallets such as Trezor and Ledge Nano S to store cryptos. Hackers will not be able to steal your cryptos if you store at hardware wallets. So if you do not have a regular transaction on exchange floors, it's a good idea to save at hardware wallets.
newbie
Activity: 149
Merit: 0
August 02, 2018, 07:18:41 PM
here are a lot of risks involved when cryptocurrency is concerned  from scams to frauds, there are those that are determined to get the most out of the weaknesses or sluggishness in the crypto market.  There are also chances that the market can fall, as the crypto market is not as stable as we would have loved it to be, the money is not as safe at all in this market
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
August 02, 2018, 07:16:50 PM
safety  of your money in crypto is dependent on your, personal security, ensure you take all details into consideration, do not input your private key into any form or platform online,avoid opening phisting mail or website.  
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