Pages:
Author

Topic: Keep your assets safe as the Bull run draws nearer - page 2. (Read 642 times)

full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
yes, it is important to always monitor the cryptoqurrency assets that you have now. I mean, so as not to miss the opportunity to sell coins that you hold when the price is high. for me, 2020 is a good year for the crypto market because the price of bitcoin has passed $ 10k and the other top cryptoqurrency is also experiencing good price growth.
We can see that the market as of now is recovering by looking at every price of cryptocurrency just like bitcoin, we can actually see that the price is recovering and rising as of now, we are all hoping for it to continue for us to experience bull run so that we can sell every token we are holding at a good price. Based on my own observation, as the bitcoin price rises up, it will affect any other altcoin to rise up in terms of price too, that is why I can say that bull run can happen anytime.

Since from the beginning I entered crypto space, and started opening accounts on different exchange, my coins are all still in there, and nevere had been decreased, so I am perfectly comfortable leaving them. They would surely send me an email if theres a problem, also I have out security measures, 2fa and just to be sure my coins are all safe from being hacked. Never had the experienced on being snatched by some weird exchange.
You are just lucky but not entirely safe.
2FA doesn't save you if exchange's got hacked.It only saves while others try to bruteforce your password or something like that.
This is what you should do to protect your wallet from danger and to prevent the worst to happen. You should secure your wallet by using that 2-factor authentication. Because through that, it can really secure your wallet from hackers. As of now, there are lots of hackers are everywhere trying to scam people especially to those not really informed in everything that is happening here, so I recommend to the new investors or the people who really want to start being involved with cryptocurrency, they better learn important things first.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
Since from the beginning I entered crypto space, and started opening accounts on different exchange, my coins are all still in there, and nevere had been decreased, so I am perfectly comfortable leaving them. They would surely send me an email if theres a problem, also I have out security measures, 2fa and just to be sure my coins are all safe from being hacked. Never had the experienced on being snatched by some weird exchange.
You are just lucky but not entirely safe.

2FA doesn't save you if exchange's got hacked.It only saves while others try to bruteforce your password or something like that.
2fa or any security is not the issue here,

OP is pointing about some exchange who suddenly disappear or shuts down their exchange in approach to bull run.

The issue raising by OP is not about hacking or scamming, but the security of our funds when we  store it on exchanges.
full member
Activity: 1498
Merit: 146
Since from the beginning I entered crypto space, and started opening accounts on different exchange, my coins are all still in there, and nevere had been decreased, so I am perfectly comfortable leaving them. They would surely send me an email if theres a problem, also I have out security measures, 2fa and just to be sure my coins are all safe from being hacked. Never had the experienced on being snatched by some weird exchange.
You are just lucky but not entirely safe.

2FA doesn't save you if exchange's got hacked.It only saves while others try to bruteforce your password or something like that.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

Since from the beginning I entered crypto space, and started opening accounts on different exchange, my coins are all still in there, and nevere had been decreased, so I am perfectly comfortable leaving them. They would surely send me an email if theres a problem, also I have out security measures, 2fa and just to be sure my coins are all safe from being hacked. Never had the experienced on being snatched by some weird exchange.
sr. member
Activity: 644
Merit: 364
In Code We Trust
That is why we always need to consider the exchange that we are going to use when we are to trade some of our funds but to consider, we are in an altcoin section and most of the cryptocurrency we could get are results of ICO's, the limitation of having these crypto to be listed is too high, that is why we don't really have an option but to trade with exchanges that list the cryptocurrency that we have.

In terms of bull, I don't think there is enough reason to conclude about it, thus we should always be cautious when trading even without the event of a bull.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
It's not doubt that scammers are still around trying to take advantage of this year 2020, the most annoying part are scammers who aren't scared of the public eye, they are so bold enough to appear on YouTube videos because they have a getaway scheme planned already, be careful

Yes, the scammers will always try to find out the new way to tricks people and get their money. We need to be careful, especially if that is related to our money because we need to take responsibility for our money. Maybe we are hard to find which exchange or project that will scam us but if we can be careful, the chance to get scam will be reduced.
member
Activity: 756
Merit: 14
It's not doubt that scammers are still around trying to take advantage of this year 2020, the most annoying part are scammers who aren't scared of the public eye, they are so bold enough to appear on YouTube videos because they have a getaway scheme planned already, be careful
jr. member
Activity: 127
Merit: 1
Not your keys, not your money. Keep this in mind, guys!
sr. member
Activity: 1596
Merit: 335
Not only assets, you should keep yourself safe as the new bill season is coming. There will be numerous projects springing up from the blues, different giveaways who h has fishing links, various pumps here and there daily. Please be advice have a plan for your assets and yourself this season.

Though it's really unpredictable and none of us know when will the bull run approaches, I still have my hopes for it. I'm patiently holding my altcoins and trying to accumulate more as a preparation for the bull run. It's better to be ready so we'll be rewarded in time.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

Perhaps we are in an era, where exchanges will jeep shutting down after inability to maintain their exchange and survive the crypto space.

Source: https://twitter.com/TradeSatoshi/status/1230509341142220800



Trade satoshi is also closing down, so if you have an account with them, be sure to withdraw your assets before the deadline.

It is time to be on the look out for information, so you do not get left behind.
hero member
Activity: 2814
Merit: 576
yes, it is important to always monitor the cryptoqurrency assets that you have now. I mean, so as not to miss the opportunity to sell coins that you hold when the price is high. for me, 2020 is a good year for the crypto market because the price of bitcoin has passed $ 10k and the other top cryptoqurrency is also experiencing good price growth.
I agree and dont be greedy if you see a growth in your assets already. Sometimes we are expecting for more price increase and tend to ignore the current price growth only to realize the market is declining unexpectedly. Always monitor your assets to not miss the right timing to sell, but dont keep your assets on exchanges.
Even those reputable exchanges they say are safe for your assets, but don't just be too confident. Anything can happen with it so never trust exchanges as much as possible. They can disappear easily together with your assets especially that bull run is near, we are more prone to scams. It would be more safe if we can remove our assets in an exchange after we are done trading.
member
Activity: 1540
Merit: 68
Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

https://cointelegraph.com/news/chinese-exchange-fcoin-closes-down-still-owes-users-125-million

Just few days when I mentioned the need to be careful with assets on exchange and now this news.
I urge everyone to remember the safest place is the private wallet.

I am finding more news about fcoin, you can let's know if you have further information

Exchange exiting is becoming a norm and nothing happens, we just move on.

Perhaps everyone can learn and trust the top based platforms. But store your portfolio wealth always on your paper or trezor wallet
hero member
Activity: 3010
Merit: 629
yes, it is important to always monitor the cryptoqurrency assets that you have now. I mean, so as not to miss the opportunity to sell coins that you hold when the price is high. for me, 2020 is a good year for the crypto market because the price of bitcoin has passed $ 10k and the other top cryptoqurrency is also experiencing good price growth.
I agree and dont be greedy if you see a growth in your assets already. Sometimes we are expecting for more price increase and tend to ignore the current price growth only to realize the market is declining unexpectedly. Always monitor your assets to not miss the right timing to sell, but dont keep your assets on exchanges.
full member
Activity: 1048
Merit: 101
yes, it is important to always monitor the cryptoqurrency assets that you have now. I mean, so as not to miss the opportunity to sell coins that you hold when the price is high. for me, 2020 is a good year for the crypto market because the price of bitcoin has passed $ 10k and the other top cryptoqurrency is also experiencing good price growth.
member
Activity: 910
Merit: 12
Yes, i think you're right. i think it's safer to keep our assets in our own wallets rather than always on an exchange platform. In addition, we should investigate the exchange platforms before taking any action and use only reliable exchange platforms.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

https://cointelegraph.com/news/chinese-exchange-fcoin-closes-down-still-owes-users-125-million

Just few days when I mentioned the need to be careful with assets on exchange and now this news.
I urge everyone to remember the safest place is the private wallet.

I am finding more news about fcoin, you can let's know if you have further information
legendary
Activity: 2100
Merit: 1058
We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.
There really are a number of exchanges which might even be difficult to count. We should never trust each and every such exchange. Usually we could trust some centralized exchanges  because they do have high liquidity, higher volume, tight security, etc so those exchanges might serve us with benefits in bullish trend but some of the decentralized exchanges might just disappear as they might not leave any trace to track them down. That's why choosing a exchange is always a important task before we could start trading onto that exchange.

Bull runs would begin in few months and that would be the time when most of the coins including some newly launched tokens too would have a massive pump.
member
Activity: 798
Merit: 14
Not only assets, you should keep yourself safe as the new bill season is coming. There will be numerous projects springing up from the blues, different giveaways who h has fishing links, various pumps here and there daily. Please be advice have a plan for your assets and yourself this season.
sr. member
Activity: 1596
Merit: 264
~
Don't lose guard in any exchanges because there is really a chance that the exchanges in some trading platform disappeared in which it always happen so much in different exchangers in which it will suddenly go down the server and you will not be able to withdraw your money or earnings. It would be good if you will be able to just careful everytime because we don't know what would be happen on the few more days. It is more better if we will be careful and secured every time we are trading in some trading platforms.
The thing that is even worse is that some exchange would freeze your funds instead that you can't even pull the minimum of it. Finding a lot of exchange would build a flexible trader especially if leverage trading is being done, but consider the fact that some exchange around the corners of the internet are just waiting for people to be preyed. Sometimes I ask myself, why do people still tread to far if we already got reputated exchange like Binance, Bittrex, etc.
There would be coins that are exclusive to an exchange, because it is an exchange coin but people should be aware that if it is an exclusive shitcoin in an exchange then probably it is a shit-exchange also.
copper member
Activity: 658
Merit: 402
I have been looking forward to this year and even there is already a big improvement in the price of bitcoin is still we don't if there will be a bull run or not. All my assets are ready for the bull run and until now, I keep on buying valuable cryptocurrency especially Bitcoin. I have been diversified my investment in top-performing cryptocurrencies. But, even the bull run will start right away I still not instantly sell my investment because I will wait for again for a longer time so I can able to make double my profit.

but do not lose guard while using exchange platform to trade. Always withdraw your assets from exchanges after trade.

If you will only have a problem with the exchange if you going to use unknown and scam exchanges and always use the reputable exchanges that can help you to secure your assets. I agree with you OP, we should always withdraw our assets and storing it in an exchange is not a good idea because it can be hack by some hackers. Always secure your exchange account and don't let anyone see your password.
Pages:
Jump to: