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Topic: Stupid mistake newbies still do till date - page 6. (Read 5016 times)

member
Activity: 854
Merit: 10
October 18, 2019, 02:09:10 PM
#93
It is not so common to see such occurrence or should I say I do not really see it happen. There are other ways in which one's crypto can be lost  and that private keys and seeds can be exposed without your knowledge. Although being careless with it is one of the main reasons. However, hardware wallets are the safest. You might think you are being extra careful and still lose your fund.
sr. member
Activity: 910
Merit: 267
Vave.com - Crypto Casino
October 18, 2019, 01:54:01 PM
#92
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.
That's the reason why I created a crypto class back in 2017 to coach newbies. Nobody is above mistakes anyway, but posting private key in public just to proof he didn't receive tokens is a huge mistake. I think basic things to learn in crypto aside "what is cryptocurrency and blockchain" should be "how to secure your crypto assets". Let's always try to assist newbies to avoid regrettable mistakes.
sr. member
Activity: 938
Merit: 250
October 18, 2019, 01:49:05 PM
#91
in my opinion this is common for beginners because they are not accustomed to using digital wallets and are less careful about storing keys or seeds. or don't understand that what they are telling you is a private key. but over time they will learn a lot and understand. someone is said to be stupid when he always makes the same mistakes. not take lessons from previous experience.
full member
Activity: 966
Merit: 153
October 18, 2019, 01:46:54 PM
#90
I don't even think they know that they are making this type of mistake.
Normally, many noobs are not truely aware of what Bitcoin or cryptocurrency is all about and it segments.
Crypto adresses and private keys looks alike but they don't know. They just know they have to submit something that has letters and numbers.
member
Activity: 574
Merit: 24
October 18, 2019, 01:33:04 PM
#89
It is a classic mistake by greedy people. They do not have time to care about the privacy of their keys, they want only money as soon as possible. Most of them are participating in fake airdrops: Give us your private key to verify the address and then we will send you the airdrop..  Roll Eyes
How can you give private keys to verify addresses? i wonder how people fall for this foolish trick, i guess we have too many newbies who don't learn how crypto wallets works, that's why they are easily fooled, any airdrops or bounties that ask for private keys are scam
hero member
Activity: 1036
Merit: 504
October 18, 2019, 01:28:07 PM
#88
I unfortunately did this once by mistake when filling in a translation bounty form. I lost within seconds over 3k USD worth of Eth and tokens plus around three months bounty work I had made which I could not get the bounty managers to change the address on the sheets. All those bounties back then in those days were very good so I estimate I must have lost around 10k USD worth of Crypto, very bad mistake which if I had that money now I could buy one Bitcoin with it. This is sad fact of my life that I lived to regret again. Unfortunately we as a family have made more mistakes in Crypto than successes so far.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
October 18, 2019, 01:17:58 PM
#87
Negligence costs anyone. Newbies should understand the value of their Seed phrase and Keys that should be stored safely and it should not be accessible by others to avoid any losses. Do not hand over your keys to anyone in any condition.
hero member
Activity: 3010
Merit: 629
August 28, 2019, 07:41:26 PM
#86
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.
Some newbies are naive when it comes to privacy of their keys or their personal identity, there only concern is to make money. Sometimes they are doing this because their wallet has no funds at all meaning no coins can take from them and they will just create another wallet easily.

It is common to make mistakes if you're a newbie in crypto but its not an excuse to be careless because its very easy to educate yourself before entering in any earning opportunity.
legendary
Activity: 1890
Merit: 1003
August 28, 2019, 07:34:44 PM
#85
Only using the anti-spyware and keylogger software will not solve the privacy focused attacks, offline protection is required for the best protection. I have a second phone for the 2FA authenticators and the hardware wallets are used as cold storage. New crypto traders should understand the risks, the education will save them to be the close victim of the scammers.
full member
Activity: 1554
Merit: 101
August 28, 2019, 07:29:51 PM
#84
that why i always put my private keys save, never use suspicious site and, im do this to avoid got hacked.
because I've been hacked, so I always pay attention to the site address that I will visit.
and use private window to site i never visit before.

newbie
Activity: 55
Merit: 0
August 28, 2019, 09:15:05 AM
#83
The best place to save your private key should be offline because many jackets has been stealing people's tokens simply because they save their private key in their email, some hackers will send a dangerous ware in form of advart, if you mistakely click on it they will have access to everything in your mail. So it is better to save it offline
jr. member
Activity: 280
Merit: 5
August 28, 2019, 09:09:47 AM
#82
the owners should forget whatever tokens he have in that wallet. the best he can do is try to transfer everything into a new wallet for safety purpose. most newbies forget to learn the basics of the cryptocurrency and join every project they see. some wil provide their ethereum wallet address when they are required to provide an EOS or Neo wallet address
copper member
Activity: 560
Merit: 2
August 28, 2019, 06:11:03 AM
#81
It's quite unfortunate that newbies no longer go through the hurdles of studying about the industry before joining airdrops and bounty. They get introduced on how to earn and immediately they dive into the airdrop campaigns without a sound knowledge of the do's and don'ts. Since airdrops are the most easiest way of getting newbies, they ask for private keys and are given by the ignorant newbies.
hero member
Activity: 2828
Merit: 518
August 28, 2019, 06:03:25 AM
#80
It is a classic mistake by greedy people. They do not have time to care about the privacy of their keys, they want only money as soon as possible. Most of them are participating in fake airdrops: Give us your private key to verify the address and then we will send you the airdrop..  Roll Eyes
Ain't be appropriate to call them greedy,  they actually careless for their account and lead into losing them.  Not a stupid mistake cause even old Bounty hunters tend to lose their keys especially if they only save it into their laptops or PC.  We cant memorize the keys in the first place and losing the keys will be losing it forever.
full member
Activity: 588
Merit: 100
August 28, 2019, 05:55:02 AM
#79
It is a classic mistake by greedy people. They do not have time to care about the privacy of their keys, they want only money as soon as possible. Most of them are participating in fake airdrops: Give us your private key to verify the address and then we will send you the airdrop..  Roll Eyes
jr. member
Activity: 1876
Merit: 5
August 28, 2019, 05:48:20 AM
#78
Yes, quite right, I completely agree that you need to take your wallets very seriously. Since it takes a lot of time to recover all passwords. And you need to be very careful about your funds. Since money is very fond of being taken care of and carefully guarded from scammers.
hero member
Activity: 1092
Merit: 500
August 28, 2019, 05:30:19 AM
#77
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.

For us to keep our private key and password or phrase seed for what I did was I keep save them in my 2 usb flash drive, so that even my desktop or Laptop will be damage I can still retrieve it anytime I want. Because saving them is more important in savings in the bank, since I am crypto enthusiast.
member
Activity: 434
Merit: 10
www.thegeomadao.com
August 28, 2019, 04:26:36 AM
#76
There are many cases that people have lost funds due to lose of their ERC private key. So investors should be aware and keep their private key in a safe place. I think there are not ways to recover private key once lost. So you can save it in safe places like email.
member
Activity: 812
Merit: 11
August 28, 2019, 03:16:07 AM
#75
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.

Loss of private key or seed word often occurs. In addition to private keys that are not backed up, 2FA codes are also often not backed up by market participants or investors, so they have difficulty getting into exchangers and accessing their funds.
full member
Activity: 1232
Merit: 186
August 28, 2019, 12:47:13 AM
#74
Here's my advice for you guys, maybe some of you find this effective because it does for me. During the days when I'm interested to altcoin the most, I manually write down the private key/recovery phrase of my wallet into a sheet of paper including all of the usernames and pw of my social media accounts (including this account as well) and then keep it inside my wallet. FYI, this is not the wallet I use everyday. I only stay it inside my room and use a purse instead every time I go outside. Through this, I was able to keep my accounts secured and also prevents me to overspend somehow since purse was small for storing large amount of money Grin. What a win-win situation, right?
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