Stupid mistake newbies still do till date

meliodas

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Quote from: hamba laeh on October 24, 2019, 02:04:56 PM

Quote from: Mighty_crypt on August 23, 2019, 03:33:23 AM

Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.

they are not stupid as you have said but they still do not understand many things about the function of Keystore and PrivateKey .. therefore we consider them as newbies.. so it's very normal if they make that mistake so they need more knowledge to be able to store their wallets properly and correctly in the future.. and I'm sure everyone will learn from the mistakes they have made in the past .

Instead of criticizing them, we shall help them out and guide them properly regarding the safety of wallets and related stuff. We need to be helping hands for the newcomers because in this way the scope of market will increase which will ultimately increase the worth of crypto currencies. Mistakes are not mistakes if you learn from them.

I definitely agree with that. We should not underestimate the newbies because all of us came from being a newbie. We should educate them and not belittle them. Creating mistakes are not bad as long as you don't let it to be just a mistake, you should look at the mistake as a teacher that is trying to teach you a lesson and that is how you will become a newbie into an educated one.

akungagal

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Quote from: hahay on October 25, 2019, 06:38:56 PM

The age of this industry has been quite large and however at least newbies do not come alone anymore for now, they have many friends who are at least among friends who have experience in this field. Indeed, newbies must have a desire to continue learning but if they are lazy to read then a friend will help him, but remember to keep learning first before doing something related to money.

yup! it is true.
indeed to get something, we are required to study first so that the results can be in accordance with what we want. we cannot act carelessly especially with regard to money.

if we take the wrong path, then we will suffer losses. that's why we need to study. as you said at least we must have experienced friends who might be able to help us learn. if we don't have friends like that, then we have to work hard to learn them ourselves.

nomenclatur

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newbies still learning fair if they lose the private key and recovery seeds my time is still newbies had also lost the private key and recovery seeds me 2x eth lose money in my wallet was still lucky because it has sold part of my tokens. since the incident a lesson so that the private key loss events do not happen again.

hahay

legendary

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Quote from: 103deltafox on October 25, 2019, 04:50:28 PM

Newbies should try to read about the blockchain and all surrounding it like the wallet, make sure you do not allow anyone to have access to your wallet's private key,this is because your wallet will be now accessible with your private key. Also we should try to avoid clicking on phishing links which could lead to your wallet.

The age of this industry has been quite large and however at least newbies do not come alone anymore for now, they have many friends who are at least among friends who have experience in this field. Indeed, newbies must have a desire to continue learning but if they are lazy to read then a friend will help him, but remember to keep learning first before doing something related to money.

103deltafox

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Newbies should try to read about the blockchain and all surrounding it like the wallet, make sure you do not allow anyone to have access to your wallet's private key,this is because your wallet will be now accessible with your private key. Also we should try to avoid clicking on phishing links which could lead to your wallet.

sky_Gritzz

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that's why i'm creating some group learning about crypto and blockchain for educate my friend and family circle.
i don't want they do stupid thing like that, educate your friend and family is best option to minimze they make mistakes like that

Denreal

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If someone here on this forum is carrying a newbie rank, that does not !EAM he is new to cryptocurrency. Some of them know much more than those with higher ranks. However, no one is perfect. Mistakes can be made which is why before coin anything, it is better to double check.

Pelunize12

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I guess they are the lazy person or even cant understand thing. saving private key is a basic in a cryptocurrency that it must be understood by user
there are many informations about it and if user read more in basic knowledge, they should understand it
or maybe they dont have any money (zero wallet) so they dont care if the wallet stealed by anyone

forexandcryptoauditor

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Yes, being very professional is really important here. It's not information, it's hard earned money what we have inside the wallet.
We should be very careful storing the private keys just like our passwords to bank account.

Prompyboo

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Quote from: Serco on October 25, 2019, 09:31:46 AM

Quote from: Rebisco on October 25, 2019, 05:49:21 AM

Lack of information and experienced are the reasons why they doing it. When i was a newbie, I also experience to save my private keysin my google account and it is the reason why it got hacked. It is better if we will store it where no one can access it.

if we didnt face our mistakes we will not get valuable important that could support our existance in crypto market.from mistakes we will be better day by day, but always avoid big mistakes that could make us poor.as a newbie , knowledge was be an obligation for us .but unfortunately most of them forget this thing.

you can never understand which mistakes will lead to large losses and which to insignificant. only if you follow to very strong money management - then you can avoid big losses, but for this, you need to be a professional

mirgo1791

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hackers might work on decision as appealing the different tasks on running with future attachment on works with the engine as following trend on drawing with the extras on tools to helps as referring one with challenge as referring offers of service to gains with interest from public audience as the relation with business on crypto finance.

Serco

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Quote from: Rebisco on October 25, 2019, 05:49:21 AM

Lack of information and experienced are the reasons why they doing it. When i was a newbie, I also experience to save my private keysin my google account and it is the reason why it got hacked. It is better if we will store it where no one can access it.

if we didnt face our mistakes we will not get valuable important that could support our existance in crypto market.from mistakes we will be better day by day, but always avoid big mistakes that could make us poor.as a newbie , knowledge was be an obligation for us .but unfortunately most of them forget this thing.

btcdie

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Activity: 784

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to secure a private key or file keystore I save it on a computer that has never accessed the internet and I write it on paper and then I store it in a safe. many beginners do not know how to secure private keys, the most severe form filling google with a private key, instead of expecting tokens that can be sold later on (LOL).

the easiest and most simple way for me to store it in a hardware wallet, it only requires $ 50 to buy it in an online store.

VDraci

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Apart from phishing scams i believe every newbies will be safe if they use better smartphones of today, most have finger print security and face I.D too, there won't be problems if you always put security locks on your phone, i have been doing this for years now and till date no single coin lost

Serco

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Quote from: Aying on October 25, 2019, 05:45:29 AM

Quote from: ?? on ??

my wallet and private key to me is something very privacy. and it is not wrong if someone says they are too stupid, to someone who wants to spread their wallet and personal key to others. in my opinion a natural if the one who does that is a beginner. As time goes by, I am sure that person will understand better what he must do and what he should not do. a bad experience will definitely be a good lesson for the future.

New comers (beginners) are just curious and this thing might doings of a bounty hunter. spreading her private key to the groups. beginner traders wont do that because they know how crypto works in first place. they are aware and bounty newbies are not. so I'm not blaming them for this kind of behavior. we know that our private key is sacred as we own it. they will know this as soon as they earning and do their own research.

that' s big mistakes if we shared our private keys in public channel.they could immediately.even newbies must know about this important thing,.this is be first thing we have to understand while joining in cryptocurrency market.many people actually already shared how to save our private keys.in future we must keep it secretly and dont reply the same mistakes.

Rebisco

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Lack of information and experienced are the reasons why they doing it. When i was a newbie, I also experience to save my private keysin my google account and it is the reason why it got hacked. It is better if we will store it where no one can access it.

Aying

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Quote from: ?? on ??

my wallet and private key to me is something very privacy. and it is not wrong if someone says they are too stupid, to someone who wants to spread their wallet and personal key to others. in my opinion a natural if the one who does that is a beginner. As time goes by, I am sure that person will understand better what he must do and what he should not do. a bad experience will definitely be a good lesson for the future.

New comers (beginners) are just curious and this thing might doings of a bounty hunter. spreading her private key to the groups. beginner traders wont do that because they know how crypto works in first place. they are aware and bounty newbies are not. so I'm not blaming them for this kind of behavior. we know that our private key is sacred as we own it. they will know this as soon as they earning and do their own research.

desticy

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The fact is that during the first acquaintance with cryptocurrency, many underestimate the importance of private keys, because you have to immediately study a lot of unusual and previously unknown information, so often the first private keys remain stored on desktops, are entered into questionable forms in the first days of the week and months acquaintance with the world of blockchain.
In the future, such a wallet may be the target of hackers because it was once compromised, and the user himself no longer remembers and does not remember how, when, and where he compromised his wallet.

xOdiumNostrumx

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I am observing that a lot of people still fall on those old shady schemes as joining the pump and dump groups or better put, following pump and dump signals; getting scammed via Telegram by scammers who are pretending to be team members of certain projects etc. But hey, there will always be newcomers to the space who are not aware of those traps, so rotten individuals who are exercising those malicious activities will always have someone to pray upon.

fosco333

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Quote from: Mighty_crypt on August 23, 2019, 03:33:23 AM

Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.

Private key/phrase = the key of the wallet. If we lost the key or other peoples get our key, it means we lost the wallet as well.
That is the basic thing to learn when i entered cryptocurrency world, and it should be known by all peoples who using crypto.

Topic: Stupid mistake newbies still do till date (Read 5035 times)