Topic: NEver keep all your coins on an exchange - page 22. (Read 25791 times)
Some have made a good point. How I am supposed to hold coins that don't even have wallets yet and im holding long term like maid or agoras? Is Omniwallet safe?
I dont know why i should not keep my coins in exchanger if i am carefully then i think that nobody cant stole my money from my wallet so i keep my money in exchanger really long time and it is still there in exchanger.
well i guess you didnt learn about the bitfinex hack, it should be never done because no one knows what might happenThat's why i never keep my bitcoins on exchanger, it's really risky because they can take your coins or a hacker hack that exchanger sites like happened to bitfinex.
I also do the same it was a lesson for all of us who often kept their money in exchanges, and those online wallets which do not have any good review or history are also not good for keeping our bitcoins in there , as they also can be hacked.
even there is some people used an exchange as their online wallet lol ,we should never trust any wallet that involved with third party ,
as bitcoin wallet is private , you should not tell and held your private key to anyone ,
by storing bitcoin in third party like an exchange and other online wallet which you did not hold the private key , you are just giving away your bitcoin.
I dont know why i should not keep my coins in exchanger if i am carefully then i think that nobody cant stole my money from my wallet so i keep my money in exchanger really long time and it is still there in exchanger.
well i guess you didnt learn about the bitfinex hack, it should be never done because no one knows what might happenThat's why i never keep my bitcoins on exchanger, it's really risky because they can take your coins or a hacker hack that exchanger sites like happened to bitfinex.
Gox
Cryptsy..
If you have most of your coins in Bitfinex.. there will be little mercy when they disappear.
Cryptsy..
If you have most of your coins in Bitfinex.. there will be little mercy when they disappear.
You are correct, bitfinex suffered a hack case, lol, you are the prophet to know the future. How about bittrex and poloniex?
I dont know why i should not keep my coins in exchanger if i am carefully then i think that nobody cant stole my money from my wallet so i keep my money in exchanger really long time and it is still there in exchanger.
well i guess you didnt learn about the bitfinex hack, it should be never done because no one knows what might happenThat's why i never keep my bitcoins on exchanger, it's really risky because they can take your coins or a hacker hack that exchanger sites like happened to bitfinex.
Gox
Cryptsy..
If you have most of your coins in Bitfinex.. there will be little mercy when they disappear.
Cryptsy..
If you have most of your coins in Bitfinex.. there will be little mercy when they disappear.
You are correct, bitfinex suffered a hack case, lol, you are the prophet to know the future. How about bittrex and poloniex?
if we talk about the the store btc at exchange site then the main fear arise in the mind is bitfinex where many persins had lost there btc but i think in my openion , i will say we should keep that amount of btc at exchange site which is more for daily profit . in this way there will be less chance to loss all of our btc .
I send bitcoin to exchanger when the price was up or when I need some money for my daily necessity only. I never leave my bitcoin for longer time at any exchanger. I am affraid cause exchanger looks easier to hack by someone outthere!
if we talk about the the store btc at exchange site then the main fear arise in the mind is bitfinex where many persins had lost there btc but i think in my openion , i will say we should keep that amount of btc at exchange site which is more for daily profit . in this way there will be less chance to loss all of our btc .
I think there is no exchange sites are completely safe because they might have an evil purpose. bitfinex might have been planning this from the beginning. they are looking for and nurture the trust after they have trust and they get a lot of users. of course there will be plenty in the wallet main bitcoin. then they will steal it. be careful with third party dude
if we talk about the the store btc at exchange site then the main fear arise in the mind is bitfinex where many persins had lost there btc but i think in my openion , i will say we should keep that amount of btc at exchange site which is more for daily profit . in this way there will be less chance to loss all of our btc .
If I buy altcoins that don't even have wallets like agoras or maidsafe, how im supposed to not keep them at the exchange if its the only way to hold them?
Also I need some btc in exchange for quick movements, i cant wait for transactions.
Also I need some btc in exchange for quick movements, i cant wait for transactions.
A real valid reason why some of us resort to exchanges. I recently bought some xaurum and this tokem don't have wallet as well, i wish theyd create one later. As of now i kept my xaurum in myethwallet.com this is an online wallet by ETH to which you can store any tokens so long as its goig to be set up.
Maybe Agora had it set up as well.
Yeah, exchange is risky, and Bitfinex has given us that proof, but sometime we need it, otherwise without exchange it is difficult to handle the coins and also trading. But i avoid it at least, But we should open our eyes, because Bitfinex has been hacked in second time. It give us a lesson.
the problem is when you want to trade, then you have to keep something on the exchange site. for example in an open order to buy or sell that coin at a specific price. it is not like buying and withdrawing to your wallet immediately and then in a couple of days depositing/ selling/ withdrawing immediately again. you have to place orders sometimes and wait for them to be filled.
Yeah, exchange is risky, and Bitfinex has given us that proof, but sometime we need it, otherwise without exchange it is difficult to handle the coins and also trading. But i avoid it at least, But we should open our eyes, because Bitfinex has been hacked in second time. It give us a lesson.
yeah I never keep my coins in exchange Bitfinex,I do not understand exchange in bitfinex,so I do not want to take risks
I ever experienced a bad thing when you want to swap,when I want to withdraw my money,but at that time there was a problem,a problem I am having withdrawal pending for 5 days,'ve been trying to report to support but five days later they had to reply,This makes me emotional
so I just save my coins in one exchange number 1 in the world this bitcoin,until now had never experienced a problem there
I ever experienced a bad thing when you want to swap,when I want to withdraw my money,but at that time there was a problem,a problem I am having withdrawal pending for 5 days,'ve been trying to report to support but five days later they had to reply,This makes me emotional
so I just save my coins in one exchange number 1 in the world this bitcoin,until now had never experienced a problem there
I agree, there are lots of history where people who left their coins in exchange lost everything. GOX and Cryptsy are the bigger one, and there are some small exchanges too like sharex that just close and run with their client's Coin not saying the one posting this message have First hand experience of losing coins to an exchange/trading platform that shutdown.
Yeah true, I remember before I never thought that cryptsy will be shutdown, I was shocked actually, but I learned and that is, it doesn't mean the exchange is company it will long last,..no its not like that just like what happen in bitfinex its a company and many people invested to that exchange but it shutdown too.
But it were running without license, and the most of the people didnt know it, i just trust poloniex, and sometimes i let my all funds there, but as are always less then 0,10btc im not taking a huge risk. All should know that the most exchanges hasnt license to run, soo the result will be a hacker attack or closing doors.
I even dont even know such thing that most exchangers doesnt have a license to run. I trust also poloniex too but same as your i really dont put up too much money on there or any exchanger like c-cex etc. . I lost also money on bitfinex too for about 0.5 which still a waste of money but i accept already because any investment would have the risk not only to the coin but also to the site that you have invested your money on.
Would have loved to see this thread before I lost most of my coins on Bitfinex. I took a big loss, lesson learned though.
That's why decentralised initiatives like shapeshift and bitsquare are so important, and need to thrive and survive. I literally moved coin a off Gox a week before it went down. Talk about luck. Never again.
Okay and we get the answer about that in this time and I trying a bitsquare and that is working for smoothly. 
well, I think a lot of bitcoiners need a migration into the better place . we don't need again making the answer from this topic because the answer is very clear. I dont know why i should not keep my coins in exchanger if i am carefully then i think that nobody cant stole my money from my wallet so i keep my money in exchanger really long time and it is still there in exchanger.
well i guess you didnt learn about the bitfinex hack, it should be never done because no one knows what might happenThat's why i never keep my bitcoins on exchanger, it's really risky because they can take your coins or a hacker hack that exchanger sites like happened to bitfinex.
Why not, i was too lazy for withdraw my coin from exchange. i think that a risk we should face in cryptocurrency isn't everything becomes easier when we save the coins in exchange.
I agree, there are lots of history where people who left their coins in exchange lost everything. GOX and Cryptsy are the bigger one, and there are some small exchanges too like sharex that just close and run with their client's Coin not saying the one posting this message have First hand experience of losing coins to an exchange/trading platform that shutdown.
Yeah true, I remember before I never thought that cryptsy will be shutdown, I was shocked actually, but I learned and that is, it doesn't mean the exchange is company it will long last,..no its not like that just like what happen in bitfinex its a company and many people invested to that exchange but it shutdown too.
But it were running without license, and the most of the people didnt know it, i just trust poloniex, and sometimes i let my all funds there, but as are always less then 0,10btc im not taking a huge risk. All should know that the most exchanges hasnt license to run, soo the result will be a hacker attack or closing doors.
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