Yes it is best option to stay safe when it comes to cryptocurrency. The crypto market has also scam and fake projects be them crypto exchanges or ICO, IEO or ITO. There are instances that some crypto exchanges that are fleecing traders in a way or another. I want to name a crypto exchange, Bitebtc, which is scamming traders by not allowing them to withdraw. Stay safe guys.
Yes, and not only is the Bitebtc exchange deceiving traders by not allowing them to withdraw, there is one more exchange that has made the same thing as Bitebtc, the Bcnex exchange, where all the withdrawal buttons are deactivated, and only four withdrawal buttons are activated However, withdrawals made by exchange users are always rejected. 
Topic: Keep your assets safe as the Bull run draws nearer - page 5. (Read 642 times)
at this time, I am really making savings on my assets. Well, if I don't really need money, I won't make any withdrawals. however, the current conditions are really important to hold the assets that we have. I am pretty sure that the bull run will arrive when the price of bitcoin is above $ 13000. after that, the price of altcoin will increase rapidly. I'm pretty sure the development will really become bigger.
Hopefully this year 2020 is a bright year for the crypto world, I am optimistic to see the current price movements also moving up. All are waiting for Halving bitcoin which will happen this year.
It is not wrong to store tokens or coins on an exchange if the exchange is a large and trusted exchange
That's right, I also store a lot of valuable tokens in a trusted exchange, and occasionally I also use these tokens as capital for daily trading, because now many tokens that are already popular are starting to rise in price slowly. It is not wrong to store tokens or coins on an exchange if the exchange is a large and trusted exchange
I agree with your points. It is normal to think like that because I heard many exchanges are running under huge loss, so, if the crypto price keeps mooning then they may leave the community and scam anytime by recovering the loss! Therefore hackers are being active again as everyone's portfolio is jumping up! So, this is the right time to buy a hardware wallet first who still haven't bought it.
Thats a precaution for everyone. Almost all cases of scam or breached accounts has been filed and happened mostly on some exchange market. People should be reminded how dangerous to store funds in a 3rd party firm or app that has control over your asset. Yeah maybe exclusioms of those huge projects but it is noted in thr past how vulnerable and many cases happened about scam and breached became a trend. Even the number 1 Binancr got compromise losing lots of funds of the users.
Well its not advisable to store your coins in exchanges if you're not going to trade it even how reputable the exchange is.
There's always possibility of hacking that might put our assets at risk hence better safe than sorry.
Now that it seems bull run is starting we have to be cautious and make sure to keep our assets secured in a wallet wherein we hold our private keys.
There's always possibility of hacking that might put our assets at risk hence better safe than sorry.
Now that it seems bull run is starting we have to be cautious and make sure to keep our assets secured in a wallet wherein we hold our private keys.
Always withdraw your profit and not save all of your funds into exchange i think this is common advices from people that they try to warn people from scam exchange but for temporary putting all of your money to the exchanges also fine but only choose trustable exchange which have good reputation and lately not difficult to find it because some of good exchange are trustable and never attempts to stole people funds unless someday the hackers can hacks them
Hopefully this year 2020 is a bright year for the crypto world, I am optimistic to see the current price movements also moving up. All are waiting for Halving bitcoin which will happen this year.
It is not wrong to store tokens or coins on an exchange if the exchange is a large and trusted exchange
It is not wrong to store tokens or coins on an exchange if the exchange is a large and trusted exchange
I dont reccomend to store you crypto even on the most trustworthy exchange. They can block it without any reason
If you so not participate in any fraud behavior and the exchange does not exitscam
I don't think any exchange can block you without reason
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
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
Thanks for this reminder, as the bull run get momentum more scammers are going to be attracted to te space and some people are going to be scammed, by exchange, wallet phishing and other HYIPs program. Just know that what you have in your wallet is what is truely yours, those on exchanges or in a program or even ICOs are not yours
Yes, recently the price of bitcoin and other top altcoins has begun to improve, price spikes have begun to be seen in the CMC market. but whether this is called approaching the BULL market or maybe just a market correction, I don't know the certainty. it's important for anyone including you not to panic, always monitor your assets, and sell when opportunities arise or when your coins surge at high prices.
From the beginning of this year we heard the same thing that the bull run will start, according to crypto analyst and experts the expectation of bull run will come true this year and current fluctuation in prices is the sign that the market is going toward a positive trend and hopefully break all the records
Yes 2020 has shown signs that bull run is somewhere around so this is a good idea to keep things ready before time instead of rushing in panic and that could be the reason of errors and in digital currency errors are very costly. Moreover that hacking attempts also increase during bull run so stay safe.
Disappearing while bullrun is coming wouldn't be profitable for that exchange, it will only sound stupid of them to do that. The exchange would rather be doing it when the bears took over the market already but who knows they might just be quitting.
Disappearing while bullrun is coming wouldn't be profitable for that exchange, it will only sound stupid of them to do that. The exchange would rather be doing it when the bears took over the market already but who knows they might just be quitting.
I feel we have more hack in the bear than in the bull, the big exchanges are far stronger than the average exchanges,with well secure wallet and big money backup. Location of exchanges also matter with different regulation from these locations, USA exchanges take more responsibility for security and are open to good human resource. Holder security will be from hardware and close allies that have access to their device, also phishing could be common in recent day.
Disappearing while bullrun is coming wouldn't be profitable for that exchange, it will only sound stupid of them to do that. The exchange would rather be doing it when the bears took over the market already but who knows they might just be quitting.
I dont reccomend to store you crypto even on the most trustworthy exchange. They can block it without any reason
i totally agree with you OP, at this times, we have to be really careful! When it comes to storing our crypto in exchanges. Just to share my experience I did hold my tokens IDAX for almost a year and suddenly, and I think all of you know what happened, they exited. So, lesson learned better to hold a wallet where you control everything
Oh, so sorry about the idax incidence, I also had this token with them, xcrypt tokens, all lost equally.
Thats why am worried about the new bull run expected due to the halving.
yes, it can also be a safe way so that our assets are not stolen. always sending assets from the exchanger to the wallet is a safe way to save our assets to avoid losing. but with a note when we have made a profit.
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