Topic: NEver keep all your coins on an exchange - page 34. (Read 25795 times)
That's right
i have to do it even though those exchange are scam because i need them for my trading activity but may be now i don't dare to save all of my bitcoins only in one exchange
That's right, because it's totally a stupid idea to safe your coins there. And I believe, some exchanges remind the users to not keep their coins there too.
Apart from the market meltdown, isn't the main cause of pain in this case people losing control of their margin trade positions? By the looks of things some guys have lost thousands and they didn't do anything or anything wrong.
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 can also add bter exchange, they lost 7,100BTC+ last year on February, i think people have got enough lessons to not keep any coin in any exchange but the needs to profit, and a hope that tomorrow the exchange rate of a coin will be increased and to make a profit will never end.
Its good standard advise in the bitcoin world but i think with the recent high prices of bitcoin many people have probably been keeping bitcoin on exchanges in an attempt to short it. Its actually a perfect time for someone to exit scam. I try to never keep more than i can afford to lose on an exchange, and since i dont have much, i dont have much to lose =p
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.
Indeed, that is what I advise to everyone I speak to / educate on Bitcoin/Cryptos!! Then PC security aswell.
Never keep ANY coin on ANY exchange.
Fixed.
Please people, learn to put your coins in your own local wallets where you control the private keys, never have coins in exchanges. How many times this has to be said? I guess some people never learn.
Fixed.
Please people, learn to put your coins in your own local wallets where you control the private keys, never have coins in exchanges. How many times this has to be said? I guess some people never learn.
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.
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