Topic: What scares you the most? - page 4. (Read 2012 times)
I personally save in several places for private keys. My fear in crypto is not losing my crypto assets or the price of being zero (0). but I am afraid I did not have crypto assets when crypto started to the moon. so I could not party with the others, who had been prepared long ago. I am not worried if the market becomes 0, because 99% is not possible for 1 night. except the internet is dead. My second fear was that when I crashed and was in a coma or died (hopefully not) it did not tell the private key and how to open my assets to the family. so I taught my family.
The scarriest thing that happen to me few years ago, I open my ethereum wallet using private keys, and Im really shocked seeing my wallet is empty. My wallet got hacked and the saddest part is the coin in my ethereum wallet is worth 1000$+.
Probably being hacked or catching a keylogger trojan that or some other thing that will allow someone to take control of my computer. This would be much worse than simply losing money i have on an exchange because in time a hacker would gain access to all my personal information bank accounts contacts, all email addresses, everything.
At this point losing your presence in the Internet is worse than losing a job.
Me too, this is one of the nightmare that has happen to me, yes it happen already to me, ive lost some of my coin because a hacker decrypt my password, it happens few months ago. Since then I put a 2FA security to my account if that is an online wallet and in my hardware wallet I put a strong anti virus and anti malware for me to avoid being hack even in hardware. At this point losing your presence in the Internet is worse than losing a job.
What are your biggest fear in crypto?
That the bug known as Proof of Work goes unsolved and my living room becomes part of the Atlantic Ocean.Bitcoin might provide humanity with a better form of money. But is it really worth wrecking our planet in the process?
Gold mining/recycling, coin minting, banking, circulation of paper currency -- these entail massive energy costs, far larger than Bitcoin. Securing money is unfortunately an expensive and resource intensive process.
Obviously, the real problem is that humans are still using money.
Probably being hacked or catching a keylogger trojan that or some other thing that will allow someone to take control of my computer. This would be much worse than simply losing money i have on an exchange because in time a hacker would gain access to all my personal information bank accounts contacts, all email addresses, everything.
At this point losing your presence in the Internet is worse than losing a job.
At this point losing your presence in the Internet is worse than losing a job.
I am a btc holder for a quite some time now and I only use one device for my btc wallet. And what scares me the most is if I lose access to my wallet and can't lose all my btc stored there. Much worst is to lost my phone. I can't imagine that to happen.
Given the price drops scared me a bit but that's a natural scenario of crypto market. A margin trader like me used to manage those worst market ways.
Given the price drops scared me a bit but that's a natural scenario of crypto market. A margin trader like me used to manage those worst market ways.
What I am scared of these following days is that bitcoin will fall under $5000 or worst. But I know it wasn't possible now due to strong market and I believed that adoption is potential to go further, as many people we're having confidence to own bitcoin as their reliable asset. That conviction had given me courage to be neutralized, even though I've been through anxieties several days ago.
The biggest fear is buying a shitty altcoin that keeps dumping like a dead team, nothing scare me more than that as for private keys I have them saved in my room and I have other means to access my wallet apart from keys.
What I was afraid of happening with my bitcoins was falling in price due to bad news as my country banned it. I know you disagree with putting our hard earned money here but this is what I did. I risk my money for bitcoin invesment because I believe its price will rise and I will be just like the early adopters of bitcoin who are now rich.
This fun picture got me thinking. https://imgur.com/2GwIL5Y
What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.
Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?
By the way, Happy Halloween!
The biggest fear for me in Crypto is also loosing my private keys and getting hacked. I have already suffered from this kind of incidence once when I forgot the keys of one of my wallets and accidentally deleted that wallet and after a few days I got my bounty payment in that wallet but was horrified after realizing that I deleted that wallet. What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.
Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?
By the way, Happy Halloween!
We have the same fear and experience, especially in losing private keys. I lose my private keys once and can't log in to that account. I think its almost 500$ at this price rate. So, now I always keep my private keys and give some copy to someone that I genuinely trust. I’m grateful that I don't have any experience of hacking and hoping that it will never happen.
We know the risk in crypto and it for sure we know this before we are about to enter here. If we are worried about an unexpected drop in price, it simply means that we don't have a future in crypto. This is to know that only risk-takers will survive and the others don't. If we can carry out these worries and market emotions, it has nothing to be on the dark side but rather to see us in the light(positive side).
I'm afraid if this could lead to another market drama and even create dump again just like it happen to Binance.
This morning I found out that Bitmex was hacked. And i not that it positively affected my level of anxiety in general...
https://cointelegraph.com/news/breaking-bitmex-may-have-just-leaked-all-of-their-users-emailsI'm afraid if this could lead to another market drama and even create dump again just like it happen to Binance.
This morning I found out that Bitmex was hacked. And i not that it positively affected my level of anxiety in general...
It already happened. Lost everything. Mostly because what I had was in alts and not in BTC, and you guys all know what happened the whole time from last year. I had 6 digits, then became 5 digits, then 4 digits ...
As for wallets, you should never delete them. They are so small you can at least archive them, back them up, and put multiple copies somewhere, at least in your own home. If the coin itself dies, there's not much you can do anyway, but at least you saved the wallet and private keys.
I got almost a billion stack coins mined years back. I haven't seen a peer in 3 or 4 years; I think it died. HODL to the death.
As for wallets, you should never delete them. They are so small you can at least archive them, back them up, and put multiple copies somewhere, at least in your own home. If the coin itself dies, there's not much you can do anyway, but at least you saved the wallet and private keys.
I got almost a billion stack coins mined years back. I haven't seen a peer in 3 or 4 years; I think it died. HODL to the death.
Aside from losing my private key and getting hacked since all of us probably are afraid of it, what's also scary is my local government prohibiting cryptocurrency in my country. Although right now it seems impossible since I could see that the government have no plan of banning bitcoin. But this problem just cross my mind, what if this actually happens? How am I supposed to deal with it?
Use legit VPN if ever, but it will be less hussle if they will not bans it. I'm afraid sometimes in sending big amount of transaction since I might send it in a wrong address or will not be able to receive it sometimes. But losing private key, being hacked, scammed with huge amounts scares me the most. or doing KYC some times scares me. 
This fun picture got me thinking. https://imgur.com/2GwIL5Y
What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.
Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?
By the way, Happy Halloween!
The biggest fear for me in Crypto is also loosing my private keys and getting hacked. I have already suffered from this kind of incidence once when I forgot the keys of one of my wallets and accidentally deleted that wallet and after a few days I got my bounty payment in that wallet but was horrified after realizing that I deleted that wallet. What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.
Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?
By the way, Happy Halloween!
This fun picture got me thinking. https://imgur.com/2GwIL5Y
What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.
Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?
By the way, Happy Halloween!
What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.
Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?
By the way, Happy Halloween!
Waking up that the whole market went down to nothing is likely not going to happen at this point in time, but on losing your private keys that could possibly happen if you are not taking care of it, three things will scare me the most getting my email hacked and my account here in Bitcointalk hacked and of of course all my wallet private keys have gone, any one of this will cause anxiety to me.
That's a nightmare for me too if the whole market went down, hope that won't happen as it will be the biggest fear of every trader. But so far that is impossible to happen, as we all know that cryptocurrency is day by day adopting by most countries and it is widely using now too.
Aside from losing my private key and getting hacked since all of us probably are afraid of it, what's also scary is my local government prohibiting cryptocurrency in my country. Although right now it seems impossible since I could see that the government have no plan of banning bitcoin. But this problem just cross my mind, what if this actually happens? How am I supposed to deal with it?
This fun picture got me thinking. https://imgur.com/2GwIL5Y
What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.
Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?
By the way, Happy Halloween!
Same with you OP I am also scared of losing private key and password that's why I always save it in a file then I will put in a folder. I am also scared about the price of different cryptocurrencies simply because some of them might lose value on the market or some of them might take time to recover. Lastly, I am also scared of hackers because they might steal all your cryptocurrencies and we all know there many incidents of hacking that's why we need to protect all our funds and even our password and private key. What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.
Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?
By the way, Happy Halloween!
What I scare the most is when the government will start to regulate and even implement to have a tax on bitcoin, it may be impossible for us to have the true purpose of bitcoin when it happens.
Just like some of you, I'm afraid that Bitcoin could lose its value because I have invested my earnings in BTC. I have been holding it for a long time hoping that it could have a good value in the future but I always have my faith in cryptocurrency. Bitcoin is growing and there are adoptions each day so that's too impossible to happen. Happy Halloween, mate!
An individual fear is always inside of every one of us. Bitcoin is a currency that cannot lose its value any time, it is valuable to every users and investor. It will only lose its value once it is completely forgotten which is impossible.
Just like some of you, I'm afraid that Bitcoin could lose its value because I have invested my earnings in BTC. I have been holding it for a long time hoping that it could have a good value in the future but I always have my faith in cryptocurrency. Bitcoin is growing and there are adoptions each day so that's too impossible to happen. Happy Halloween, mate!
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