Topic: How safe is our money in crypto? - page 7. (Read 7735 times)
I agree money is not safe in bitcoin, but it is a very young industry, yet is not able to deal with all threats, give it time and developers will come up with many solutions against hackers and cryptocurrency will be safe as in the Bank.
No one is safe, hackers are always find a way to access our wallet but it takes time so we also make extra precaution and add some defense to our PCs and backup of wallet keys.
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.
Hackers can be in the Bank. So do not be so afraid of them. Proper allocation of funds to different exchanges and wallets, as well as storing passwords in safe places is the key to success
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, there really are a lot of hackers here. This is something that often instills a lot of fear in potential investors. I think it's not so scary and the probability of being hacked is not so high now. Proper password storage is what you need
Long term investment is always but you have to keep up to date with the market because sometimes good coins are not supported by developers for long time and holding those coins for long time may lose your investment.I have always been very successful in short and long term investment still i am holding BTC,ETH,NEO,BCH,XLM,EOS,MIOTA,TRX for long term but also keep check on the projects of these coins.
In fact, your money is as safe as you can protect it. If you are not able to protect your crypto wallet,then this is only your problem.
That's the problem with crypto as it currently is, any idea of safety is an illusion. Wallets and exchanges can be hacked. Keys can be lost and no one guarantees your lost money. It's still the wild-west on the crypto timeline and its value will not remain stable until it can be relied upon.
Moreover, when doing long term investment, it is best to choose a coin that has a great chance of growth and a technology that truly attracts not just Users but also investors. Though long term investment requires patience and the capacity to observe and wait since this type of investment doesn’t gain profits overnight but it actually takes months or even years.
Long term investment is the best policy here in this crypto world as we already see the holding value, those who are holding BTC, ETH and Dash from last two years r full of their bags with money and all r millionaires and billionaires. Holding for long term always give better and maximum gains rather then short term holding.
Choose a project that have a good team and do some research about them. Good team have a high chance to be successful.
It depends on in what currency you will invest in. During 2018, the most stable coin was Bitcoin. But if you have invested at the beginning of the year, you can answer you question by yourself. No, money is not safe in crypto currencies.
investment is very helpful for the growth of coins. besides by investing will be able to increase the existing development in the market. and if investing, in the long run, will be very able to improve quickly and make progress and the price becomes high gradually. so it will be very helpful for his future.
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.
Your money is safe as long as you know how to protect your password and your private key from the eyes of the others, you alone should be the one to have access to your private key and you should be educated on how to handle your private key, knowledge is power when it comes to storing your coins/token.
Of course it is not 100% safe, but of course that is what we know for ourselves how safe we are to save money in crypto as well as trust if we believe our assets are safe in crypto certainly in the future will be safe for our assets even though we have to be careful in storing assets that we have
How safe your money is in crypto depends on how you maintain your wallet and your wallet account. Like hackers and theft, it's also here. Secure your wallet account from the reach of others, as they might not know about your wallet's private data. Be careful in visiting the site, do not carelessly visit the site, because they could be one of the malware installed by hackers.
In many ways, it depends on us. You need to be vigilant and not open phishing sites. Do not download the dubious side of the application and most importantly do not tell anyone that you have a large number of cryptocurrencies.
Hmm, i think wherever you store it there's always some risk that it still can be stolen. Even it's a real life or on internet there is always some way to stole something so no thing safe for me.
The security of you funds depend on your capability of securing your own funds! Be careful at all times and do not expose your private keys!
All investment is risky so I don't think money is safe in crypto because prices drop on a daily bases and when price drop people lose money. The price is not stable in crypto when price rises you gain and when price drop you lose money
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.
When it comes to saving money in crypto, you are now your own bank. Which means that the security of your fund is in your hands. So why not get the best means through which you can secure your fund, by making use of hardware wallet instead of the wallet that can easily get compromised. Jump to: