Topic: I would move for security if it’s really better (Read 316 times)
This is the biggest problem of the whole industry and community has been divided into several parts. Some participants do not care about their privacy and want to reduce the number of scams by integrating regulations of any type. But others would likely stay anonymous rather than have any regulations going on.
So, what will you do personally? If all people are afraid of losing, the volatility or crypto, and scam, they will be better not to enter the crypto world. We are aware that the crypto world is full of risks. But, we can also find the gold chance in this cryto world. That is why it will depend on how we analyze, take the decision, and make a strategy.
It’s good to move to security; but even security agencies are hacked
Truth is, either centralized or decentralized; you are responsible for your gains or loss
Follow the simple patterns
1. Keep your private keys safe
2. Keep your assets off exchange platform
3. Never compromise your security for anything
Truth is, either centralized or decentralized; you are responsible for your gains or loss
Follow the simple patterns
1. Keep your private keys safe
2. Keep your assets off exchange platform
3. Never compromise your security for anything
It's our duty together to fight the thieves we have to move together to create healthy performance so that thieves are difficult to carry out their plans and there must be someone who creates a better security system
What security are you referring to? Keeping your investment on centralized exchanges? Well if that's what suits you then go ahead. Majority of people aren't going to use blockchains as they are meant to be used anyway
Right, about the self-protection of their assets. The cryptocurrency environment teaches the user to be cautious, reasonable and technically competent in some issues.
Although, if something is invented that improves security when using cryptocurrencies, it will attract more investors.
Although, if something is invented that improves security when using cryptocurrencies, it will attract more investors.
people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust. 
We need a real decentralized solutions. IDEX has not been hacked yet! Bitcoin, Etheruem private keys never been hacked (I am not talking about stolen private keys).The problem is always with the intermediary! Such as hacked browser, computer, CEX and so on.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
There are more robust and secured option such as decentralized exchange and hardware wallet and people still didn't want to use them anyway. Wonder why? people want a more convenient way of dealing with their problem instead of finding the mroe secured although harder way. People just don't feel like trading on decentralized platform and because of that the liquidity is low then many people will become less interested because of that reason aswell.
Imagine being the people that complaints about the hacking that occurs so frequently these days while not realizing that they are the one that caused such a thing to happens. Even million of posts here have warned the danger of saving money in exchanges and people still save it there anyway.
Imagine being the people that complaints about the hacking that occurs so frequently these days while not realizing that they are the one that caused such a thing to happens. Even million of posts here have warned the danger of saving money in exchanges and people still save it there anyway.
people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust.
We need a real decentralized solutions. IDEX has not been hacked yet! Bitcoin, Etheruem private keys never been hacked (I am not talking about stolen private keys).The problem is always with the intermediary! Such as hacked browser, computer, CEX and so on.
people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust.
Nothing on this world is unhackable which anything can be possibly exploited yet any platforms being coded by programmers itself so there would always be a way on punching a hole with it.It depends on a certain skill of such hacker where security can be possibly bypassed if they wanted to.
Security is a big factor to gain peoples trust but look at on what happened on Binance,we thought this one is the most tight when it comes to security on exchange platform but it was still being exploited.
people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust.
Most of the hacks happened on centralized exchange, so why keep using this platforms if they are prone to attacks. It would be best to choose decentralized exchanges when you want to invest into cryptocurrency to minimize attacks like hacking.
I've heard that there are exchanges who successfully passed the Deloitte audit. Do you think it's secure enough?
people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust.
Most of the hacks happened on centralized exchange, so why keep using this platforms if they are prone to attacks. It would be best to choose decentralized exchanges when you want to invest into cryptocurrency to minimize attacks like hacking.
There is no proof that if you choose centralized exchanges rather than decentralized one, you are not prone to any of the hacks. Those exchanges that has been hacked is coincidentally with a centralized system.
There are two types or risks in crypto investment thatbyou should handle.
1. Internal risks where your investment may go higher or lower depending on the market and
2. External risks which all the hacks and frauds is.
You are already prone to these two and even you go from one exchange to another, its always there. The best thing to do is to get cautious at all times.
people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust.
No industry is really safe even the banking sectors suffer from hacks and robbery, Binance have insured people's coins in their platform, so it's better to transact your coins to a more secure and those that will guaranty your coins, in case there is a hack, Cryptocurrency is here to stay and the industry is doing everything to make things safe and easier.
people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust.
Most of the hacks happened on centralized exchange, so why keep using this platforms if they are prone to attacks. It would be best to choose decentralized exchanges when you want to invest into cryptocurrency to minimize attacks like hacking.
Hackers will act on weak security or have gaps, to guarantee investors, a good quality of security is needed by continually updating the security level of a system and managing valid data so that investors trust a project.
Hackers will always be hackers, they will find a way to steal money whether it is from the banks or innocent crypto users.How to update security level system? this is more of technical terms you are using and normal investors doesn't really care about this.
What security majority knows today is to buy hardware wallet, hold your private key, save it somewhere protected.
people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust.
That's why we need to choose wallet systems with high security levels or reputable exchanges such as Binance, Huobi, Bitthump.when they are hacked, they will not let disadvantaged investors, because they always have a risk reserve fund.
people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust.
No need to do that, the investors are there and just waiting for the dip.While the market is on dip, everyone is just watching it and waiting for the right timing.
Again this security issue. Before you deal with cryptocurrencies, you need to carefully examine how it works and what security measures. But when FOMO subordinates a newcomer, there is no time to study crypto - it's need to quickly buy something 
.
The decentralized system requires the user to take security measures independently. And the crypto market teaches people to be more careful with their money.
If something new is invented, in order to simplify the use of cryptocurrencies while at the same time increasing security, this will attract new investors.
. The decentralized system requires the user to take security measures independently. And the crypto market teaches people to be more careful with their money.
If something new is invented, in order to simplify the use of cryptocurrencies while at the same time increasing security, this will attract new investors.
it all depends on how we can secure our assets or choose a trusted investment platform. Hackers will choose targets that have low security. Investment will remain safe from hacker attacks if we remain vigilant on the investment platform we will use.
There is no safe system, but we still need to be vigilant
There is no safe system, but we still need to be vigilant
people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust.
You can’t run from the hackers, they know where to go and what to hack but as investors you have nothing to worry about if you are putting your money on a safe place. Hackers can’t access your details if you remain anonymous and never click any suspicious link, go for the top security and protect your wallet. In future more good security system will be invented. Jump to: