Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: princessgirl on October 30, 2018, 02:37:58 AM
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This is crypto and due to its decentralized nature, the total control of transactions and security to wallet lies in the care of the wallet holder. This is the main reason why every crypto user must keep safe their login details in order to avoid being scammed or phished. Never keep tokens on exchange sites after trading because exchange sites are always under attack.
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That's right keeping safe in the crypto world is the first priority to be more successful. We should keep safe our private information so that nobody will ever get our account, because this days many phising sites and hackers are gonna make move to take all of your funds and leave it empty. It's better to be preventive now before it's too late.
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I think storing coins in a personal wallet is safer, especially if you use wallet hardware. With a personal wallet, we can store our own private key. That's why we can guarantee that our investment is safe.
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One important thing I want to say, don't keep all the coins in one wallet. Because if the wallet is hacked, then all of our investment will be lost. But if you save it in several wallets, then if one wallet is hacked, you still have an investment in another wallet.
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I advise you to save crypto on your hardware wallet like Ledger Nano S https://www.ledger.com/. Online wallets or exchange wallets are often hacked. Scam websites easily store the private keys that you have, so stay alert when you want to open your wallet online by looking at the correct link address.
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it all depends on how we use cryptocurrency. in the world of crytpoxcurrency, we must learn to be more patient and careful. it is an important key in cryptocurrency to avoid the big losses.
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Indeed, it is advisable to keep your tokens in your secure wallets like hardware wallets or have them scattered around in several paper wallets. It is also advisable to have some kind of antivirus or anti-malware program installed on your machine... to keep away threats that might get the hold of your private key.
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Nothing is safe with cryto(in terms of price). I lost 4/5 of my portfolio, but actually not lost because I'm holding, thinking these coins will come back to their aths.
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I think that everyone that invested more than 1000 $ must have an hardware wallet like Ledger Nano S or Trezor or similar ones. Actually is one of safest way to store your coins because noone can know private key and you just have to store recovery phrase in a safe place
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Never keep tokens on exchange sites after trading because exchange sites are always under attack.
If there is no more plan to trade anymore, then that is the best decision. Personally, I still leave some of my coins or tokens in an exchange especially when I have a buy order.
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I think to save a safe token, inside a personal wallet, I think it's safer, especially if you use a hardware wallet. because with a personal wallet, we can store our own private key. That's why we can guarantee that your investment will be safe.
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So true. Crypto is a good technology where it uses Blockchain technology as a mainstay of Crypto, which means Decentralized. So all financial affairs and storage, especially in the wallet, are the business of each user. Both the risk and the exact benefits will be borne by the user. That is what is called the Decentralized system in this crypto world.
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Yes, I agree with that. Therefore I prefer to store my tokens or coins in my personal wallet. And I divided it into 2 parts. To save bitcoin and tokens, I used to keep it in a hard position. But to save coins that are placed daily, I save them in an online wallet.
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the safest place to store crypto is in a personal wallet and it is proven especially if you can afford to buy this hardware wallet. physisng and malware can attack at any time and careful steps are necessary to keep our crypto safe
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Also we should not stop reading and learning. No matter how long we have been in crypto we should not forgotten the word learn. Learning is forever so keeping the motives to educate ourselves is a gift to be safer than before.
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Yea people really need to be careful, to many scam because of decentralization and untraceable transaction. Research before investing on any project.
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Yes, you are right on this. crypto is one of the most dangerous areas since there is almost no any regulations. When you lost it, you lost it. Nothing can help you if your hacker is not soft enough to play a game with you.
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I completely agree, you cannot leave your tokens on exchanges, very often these tokens disappear somewhere and nobody will can help you to return them, you need to keep all tokens only in your wallet.
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Yea,, we always enjoy it. But someone has to be very extra careful
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Due to the anonymous nature of crypto, it is difficult to identify those who hack into a system to steal one's tokens. Your wallet is also your property so you should do well to keep it safe from hackers.
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This is crypto and due to its decentralized nature, the total control of transactions and security to wallet lies in the care of the wallet holder. This is the main reason why every crypto user must keep safe their login details in order to avoid being scammed or phished. Never keep tokens on exchange sites after trading because exchange sites are always under attack.
Of course play safe. We must be carreful.Your wallet, password etc We must keep it.
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indeed. instead of keeping your coins in the exchange you should put it in the main wallet to be safe and to avoid scam.
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the most important thing in the world of cryptocurrency is being patient and careful. we know that if we are not careful then it will be risky. it can causing the big losses to our crypto assets. therefore we must learn the world of cryptocurrency well.
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it all depends on how we use the cryptocurrency. if we can use it well then we will also get the benefit. Cryptocurrency is risky if you can't use it properly. but it will be very profitable if we can use it well and able to see the opportunities that exist.
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I think people who are interested in investing money need to make a good research before they jump in . Lots of scam and non trackable transaction and fund raising going on .
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Yes i prefer desktop Wallet or personal wallet cause it more safety. and double check the url and wallet address before you transfer or go to website url.
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before joining the world of cryptocurrency we have to learn it well in order that we can know the benefits and also risks that are acceptable if we are not careful. if we are not careful then we will get a big loss.
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Keeping the tokens in exchange site is not advisable due to vulnerable reason. Better to keep the tokens in the hardware wallet and withdraw them if necessary. Keeping safe every aspect is one of the security.
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Yes, true. Security and risk are borne by ourselves. Because Crypto is indeed decentralized, which means we can set our own financial conditions and the security of our wallets and manage their own transactions. Therefore, before going to Crypto, you should study well so that later you can be safe in doing various kinds of activities in the Crypto World.
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Playing save is every trader priority but we all know that centralized exchange are the major exchange trader use which has 100% control over the investors money but DEX is cool for personal safety but many find it difficult to use or even scared as some have been hacked too , so moving token to personal wallet Everytime will end up giving more profit to the exchange and the user lossing money , except if you are holding for long term.
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Sure you have got a nice tip there. Security should be everyone's highest priority
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all of it relies upon on how we use cryptocurrency. inside the international of crytpoxcurrency, we need to discover ways to be extra affected person and careful. it is an essential key in cryptocurrency to keep away from the large losses.
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I agree with you, I also never keep my crypto assets on the exchanges, because I am very afraid of the attack of fraudsters. They are constantly attacking the exchange. And it is very sad.
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Agree with you, hold our token in our wallet is safer than the wallet exchange.
recently i see some exchange was hacked by hacker, they stolen more token and they was big damege for the user and the exchange.
therefour we just keep token in our wallet
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there are many crypto wallets that are easy to use, each of the coins has a different wallet address, besides using a web wallet you can use a hardware wallet. but be careful not to be damaged or lost
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It's true, the safety depends on the users. How the users manage their wallets and do the right ways in every transactions. In crypto world, there is no 100% guarantee for the safety. We must know the possible risks and prevent our investments with proper ways. One of the ways is to avoid keeping the tokens/coins on exchange wallets in a long time. Just store them when we want to sell them only.
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I think that the owner is responsible for the security of his wallet. I'm not agree with you that it is wrong to store tokens on exchanges. Many people keep their assets on top cryptoexchanges, such as Binance. I think it's safe.
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This is crypto and due to its decentralized nature, the total control of transactions and security to wallet lies in the care of the wallet holder. This is the main reason why every crypto user must keep safe their login details in order to avoid being scammed or phished. Never keep tokens on exchange sites after trading because exchange sites are always under attack.
I agree with your opinion by not putting a coin on an exchange because now many people are attacked by irresponsible people, but if you want to trade, of course it doesn't matter if you put the coin but it needs to be seen whether the market is safe or risky
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if we want better long-term investment in a personal wallet that has its own key that we hold and what if to trade we don't need to keep it in a personal wallet because someday when we have gotten the profit we want we can sell right away
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Just as the topic goes, people need to think smart in this crypto world, scammers are very desperate to do what ever they want to do, and they can go to any length to achieve their aim.
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Yes, safeguarding assets is better, and therefore I choose a safer personal wallet, activate security and also store private keys carefully.
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One important thing I want to say, don't keep all the coins in one wallet. Because if the wallet is hacked, then all of our investment will be lost. But if you save it in several wallets, then if one wallet is hacked, you still have an investment in another wallet.
I like this suggestion very much. Keeping your cryptocurrency in different wallet makes it impossible to lose all your portfolio in case of an attack.
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Play safe also by not being greedy and start buying into those burgeous promise of getting coins through airdrops and then start clicking on phising sites.
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Very good advice, thank you for reminding us that we should always play safe or be careful. But for me I feel saving our coins in exchange, minimizing the risk of losing our coins to wallet hackers.
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Yes. It's right. It is best to keep your coins in your wallet than on the stock exchange. Because they are constantly hacked, and sometimes such machinations turn the exchanges themselves!
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Indeed, it should be for all of us as crypto users to keep playing safe and maximize profits so that their income is large. So we must be able to choose a good wallet to save our money, then we must be able to play Trading wisely and invest well for the future. who clearly must play it safe so as not to lose and regret it.
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Negligence costs you in loss of coins. We have been heard many times that some one wallet hacked. It happen only when we click on unnecessary links we should not click the links from unknown persons and we should not share our keys to anyone in any conditions. Always try to store your coins in hardware wallets that are very secured and use google authenticator also on your email Ac.
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If you play it safe, it's not only in cryptocurrency.
Look at the world out there like car racing, motorbike racing or boxing fights, they are always looking for safety rather than losing.
In cryptocurrency, the core is not Greedy.
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Indeed the possibility of theft occurs in the place of exchange of a token So that such conditions must be able to be anticipated by traders to reduce losses and certainly not hesitate when they want to invest later.
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This is absolutely true. Your safety and that of your coins is in your hands at all time.
I know someone who moves his coins from wallet to the exchange every day and move same back after the day's trading. It costs him about $3-$4 to do that everyday and he's fine with it. He tells would rather lose little daily which is almost insignificant to him than lose all should the exchange get hacked
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Yeah, I read some people regretion before when they lost the most important thing that we must keep for our wallet "Private key" and "Wallet.dat". We must avoid it.
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I agree that full control of crypto assets is our own and that the wallet is a vital tool to support the security of the investment. if you already have a lot of crypto it's a good idea to buy a hardware domper like a trazor with maximum security in the crypto wallet and it's quite easy to use
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This is crypto and due to its decentralized nature, the total control of transactions and security to wallet lies in the care of the wallet holder. This is the main reason why every crypto user must keep safe their login details in order to avoid being scammed or phished. Never keep tokens on exchange sites after trading because exchange sites are always under attack.
Very well said thats the best thing to do. But as we all know not all the time luck is favor to us or to everyone, sometimes mistakes just happen and were not prepared to counter it if this happen Will let it happen.
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Indeed such bad conditions often create panic from traders So that in anticipation of fraud they have to be careful and not in a hurry in the account login.
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Surely everyone and crypto users here will try to play safe in this crypto world in doing their business. I think when people want to play it safe first have to learn more about crypto and also about other projects. Because it's important so that later you can easily solve existing problems and handle risk easily too. This is what is safe.
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That is right. People must be aware that scammers are improving everyday. We must think twice before we make such move.
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Cryptocurrency teaches us to be more patient and careful. if we are hurry to make a decision it can be risky and causing the losses. if we can't use the cryptocurrency well, then we won't get the benefits. therefore, before joining in the world of cryptocurrency it would be better if we understand it well first.
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Anyone who wishes to be successful in cryptocurrency business should as well wear patient as a garb ....very important.
And do not be greedy.
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In the highly volatile market of crypto where the rates of the coins make both ways upwards and downwards movement beyond control it is safe to play a secured game with utmost caution.
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if you want to play safely. if in my opinion. do not buy crypto unless you monitor the chart movements of the price of coins that you buy. don't get careless ..
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Good topic, seriously people need to be wise in this cryptocurrency business, because many people come with the motive of scamming others.
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Yesterday's cryptomarket call 10-15% shows that bitcoin and alternative coins don't seem to be reliable assets. to create a profit in today's realities is incredibly troublesome. The market doesn't work in line with the laws of economic science, within the world of cryptocurrencies everything is dominated by speculators.
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Good advise to all crypto enthusiasts. Need to be safe. Too many scam projects.
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important information to all lover's of cryptocurrency it is good to play safe under go research
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One of the ways to play safe as a scrypto enthusiasts is,
Don’t click on links or open attachments in unsolicited email. Links can download malware onto your computer and/or steal your identity. Be cautious even with email that looks familiar; it could be fake.
And in addition, don’t believe everything you see. Scammers are great at mimicking official seals, fonts, and other details. Just because a website or email looks official does not mean that it is. Even Caller ID can be faked.
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iIf we cannot use cryptocurrency properly, we will not get the benefits. Therefore, before joining the world of cryptocurrency, it would be better if we understand it well first.
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the world of cryptocurrency is risky if we don't use it properly. but if we can use it well then we will get a big profit. we are taught to be more patient and careful in doing something because it will be related to our crypto assets that we must manage it well.
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getting a hardwere wallet will be the best for all cryptocurrency holders because it is the safe way of holding our coin,hackers are always on the way to hack investors wallet so play safe.
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yes, it is true that we as crypto users must be wiser and always be careful when making transactions and store login data in the exchange market. You say well and it's true that we have to play safely in this crypto world.