What scares you the most? - page 7. | Bitcointalksearch.org

matchi2011

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Buy $BGL before it's too late!

Quote from: Shasha80 on October 31, 2019, 04:27:33 PM

For me the scariest thing in cryptocurrency is when I trade on an exchange and then make a profit, after that I tried to withdraw
profit from the trading results and what happened was I could not withdraw my money from the exchanges. This really scary to me,
because my capital and the results of my efforts I can not enjoy it. This is truly a disaster, really scary to me.

I feel you, after working and effectively execute your trading position then afterwards when you tried to withdraw your money exchange will ask for many things, freezing your money and won't allow you to move anything. That's scary seeing the amount of your efforts and not letting you do anything. Double black eye to your minds regretting to why using the scam exchange.

Wysi

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Quote from: btc_love on October 31, 2019, 10:59:27 AM

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!

Losing private key is my worst nightmare since the day I lost my private key for blockchain wallet and also forgot the password for it and ended up losing a good amount of bitcoin, yes market dump is always pain in wrong place and I fear about my account being hacked than the market dump as I am really concerned especially about my Binance account.

shark1006

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Quote from: btc_love on October 31, 2019, 10:59:27 AM

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!

I'm afraid of a quantum computer attack on the Bitcoin network. I’m afraid that the governments of the top countries will recognize Bitcoin as illegal. To lose my private key I'm also afraid

Shasha80

sr. member

Activity: 1876

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For me the scariest thing in cryptocurrency is when I trade on an exchange and then make a profit, after that I tried to withdraw
profit from the trading results and what happened was I could not withdraw my money from the exchanges. This really scary to me,
because my capital and the results of my efforts I can not enjoy it. This is truly a disaster, really scary to me.

Artemis3

legendary

Activity: 2030

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Quote from: btc_love on October 31, 2019, 10:59:27 AM

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!

Handling the seed words is important, but can be planned in advance. Keep the seed words in two separate but secure physical places. You could be very smart hiding them in plain sight, perhaps marking words in a book...

As for the market fluctuation, there is nothing to worry about, at least not with bitcoin. Just wait it out, as long as it takes. Many altcoins may never recover though.

Memminger

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Activity: 540

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Quote from: btc_love on October 31, 2019, 10:59:27 AM

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!

I think it is also one of my biggest fear , I have been out of this forum for so long but I never actually leave my wallet I always take some time to check it at least twice or thrice monthly, And every time that I would open it my heart would beat so fast.

Upgate

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Activity: 560

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Quote from: btc_love on October 31, 2019, 10:59:27 AM

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!

My biggest fear is not my private key I make sure I keep that very Safe. I believe cryptocurrency is real but there is still this small part of me that feels that we would wake up one day and maybe discover that is was fantasy. I know it's not true

Kyraishi

hero member

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Merit: 513

Probably leaked data. With stuff like money or wallets it's mostly just money which can be recovered but since I use a ledger it's not much of an issue for me anyway.

Leaked emails/personal data would be horrible, that means your entire file is just on the internet floating around and there is absolutely nothing you can do about it. The thought of that is just scary, isn't it? Especially when you factor in how many people there are.

BlackFor3st

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Activity: 1932

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Betking.io - Best Bitcoin Casino

Quote from: btc_love on October 31, 2019, 10:59:27 AM

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!

I guess almost all of us fear it especially if we have huge amount that was stored in that wallet then we just forgot or lost the private keys and we have no other ways to recover our wallet.

I also fear that all the governments will banned crypto currencies and they will strictly implement it then there will be a fine in using it as it is the only way to completely banned the crypto currencies.

Maotezi

member

Activity: 252

Merit: 40

You may think that I am a miser or love money, but most of all they are scared of their "INTERNET PREDATOR", and of losing their property, I do not like to be cheated or cheated. And there is nothing worse than when one does nothing but cheats people.

udidrone

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the thing that I am most afraid of is when the price of bitcoin is falling because at that time all coins will follow the decline in bitcoin and what happens is a loss in investment as I experienced at the end of year 2018

eaLiTy

hero member

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Have Fun )@@( Stay Safe

Quote from: btc_love on October 31, 2019, 10:59:27 AM

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.

If you are able to safe guard your social media and mail passwords then it is not a big deal to safe guard your bitcoin wallet password as you do not need to safe guard your entire private key all the time if you are using the right wallets that are available including hardware wallets.

Quote from: btc_love on October 31, 2019, 10:59:27 AM

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?

If you think that a billion dollar market will vanish just like that then you have some serious problem with logic Tongue

. I am not talking about the alt coin market but there is no way that bitcoin market will vanish just like that.

sevillanoflores

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darkangel11

legendary

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Don't let others control your BTC -> self custody

Quote from: electronicash on October 31, 2019, 02:09:42 PM

hacked email is the most scary than anything.

i felt it myself when i received an email that someone tried recovered my password. this is scary when this email is tied to your trading accounts where you kept trading there and most of your btc is right there and they can do it withdraw to their wallet and all are gone. i don't have 100BTC in those accounts though.

Happy Halloween.

I agree. Even if they don't do anything malicious with it a hacked email means that you need to abandon all the accounts registered with it and preferably set them up again. This means moving all the money, redirecting all messages, making sure nobody sends anything onto the hacked email.
A hacker will know what accounts you have what services you use, what things you buy and in which stores, your wallet addresses because confirmations often contain personal details IPs you used to log in and other things. A hacked email is one big mess.

acroman08

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Quote from: btc_love on October 31, 2019, 10:59:27 AM

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!

this is what scares me the most "Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?" when I was just starting using cryptocurrency I
keep having this kind of thoughts and would always check the bitcoin's price every day even though I don't have much BTC in my wallet. although the fear has subsided I still sometimes worry
about the price of bitcoin especially when the price suddenly falls down(i.e. the sudden fall this oct.23).

jakelyson

legendary

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Merit: 1069

Quote from: btc_love on October 31, 2019, 10:59:27 AM

This fun picture got me thinking. https://imgur.com/2GwIL5Y

It might be the worst that can happen to any bitcoin holder, losing your private keys. I know there are lots of bitcoins already lost because of misplaced hardware that contains bitcoin and lost private keys. People who lost them are pretty much regretting it. It is not a joke, it is a reality.

I have already backed up my private keys, so I know losing it will not be a problem for me. My greatest fear is waking up one day and bitcoin is already banned in my country. That will make me choose, my country or my bitcoin.

electronicash

legendary

Activity: 3248

Merit: 1055

hacked email is the most scary than anything.

i felt it myself when i received an email that someone tried recovered my password. this is scary when this email is tied to your trading accounts where you kept trading there and most of your btc is right there and they can do it withdraw to their wallet and all are gone. i don't have 100BTC in those accounts though.

Happy Halloween.

harizen

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Quote from: btc_love on October 31, 2019, 10:59:27 AM

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?

To save other's time clicking the image link (don't want to quote it to save space lol), the quote is:

"Once upon a time, a boy lost the private keys to a wallet that had BTC100"

This is really a "scary moment" but out of our own fault. No one to blame but the user itself. I can't imagine how could that happen since even at BTC1, the majority are overreacting about what security should be done to protect their respective wallets. Well, unless it's stolen by force at any means.

I'm more concern about crypto in general, the market, every country's approach, government action, etc. Market seeing down or a long-period of bear market is fine, bitcoin always have a retracement and can bounce back anytime. Just don't want to see bitcoin will be rejected by most of the countries and eventually seeing it slowly fades as time passes by.

kuyaJ

sr. member

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Quote from: BrewMaster on October 31, 2019, 11:01:36 AM

Quote from: btc_love on October 31, 2019, 10:59:27 AM

As for me, it's losing my private keys by accident. Also, I'm afraid that BTC dumps during the transaction.

maybe that is because you have invested more money that you can afford to lose. psychologically speaking people are more scared when they are taking bigger risks. that is why when it comes to investment they always say "invest what you can afford to lose".
so maybe it is time for you to rethink the amount you have put in.

Yup at least you are prepared on what happen next because if you didn't know what happen, you will be scared. But sometimes by just thinking the money that is okay to lose you didn't think your goal.

yoseph

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Activity: 868

Merit: 266

I am very much afraid of waking up one morning and seeing two things and the first one is the value of Bitcoins spiraling down so that it becomes very worthless and secondly someone getting access to my account and stealing all my money.The second scenario can really happen and it scares me.

Topic: What scares you the most? - page 7. (Read 2012 times)