Don't put too much money in BTC trading platforms!

[Ms.o 3322]

Nice advice,hopes everybody read and know this,because alot of us dont have time to install wallets.but there are still trusted trading platforms out there,we just need to be more careful.

[Sohel Rana 406]

Yes you are right.

I think also no more exchange who secure your money. That's why I store my maximum coin in hardware wallet and i invest crypto only my additional money.

Because I know crypto market are very risky.         

[Beromnia 733]

Hello my friend
Thanks for the advice, check which sites have a good reputation. You can do this at:
https://www.scamadviser.com/

[CryptoMaxim 3829]

It is desirable to trade on proven sites. And I always take profit from the transaction leaving on the stock exchange the amount that was invested.

[Crypto123 0]

On 12/25/2019 at 2:25 PM, juos1s said:

There should not be too much money on the trading platform, it is really risky. Using the exchange platform binance and yobit, the two most secure platforms today

Yes, I agree with you regarding the Binance and Yobit exchange, Binance is the best platform by everyone's agreement, and although it has banned some countries, it still ranks first and Yobit comes after directly to me.

[Maaz sultan 265]

Thanks for the useful post i am collecting large amount of btc in youbit account. But their is large amount of people are gather their coins in their account.

[Brushless4500KV 4214]

I think keeping money on trading platforms for a short time is necessary. How can you trade with high amounts without putting your money on any platform? You can't always trade with small amounts because you will not earn enough. Depositing money into platforms may be risky but it is an essential part of trading. Sometimes special trading opportunities only happen for a few hours or even minutes and if you always keep your money in your wallet, you will miss these opportunities. If you don't want to deposit money into platforms, you can only do long term trading with the crypto in your wallet. Daily trading without putting money into platform is almost impossible. So, if you only put money into platforms for a few hours or a day to earn profit, that's okay.

[duncun007 3577]

On 12/25/2019 at 1:25 PM, juos1s said:

There should not be too much money on the trading platform, it is really risky. Using the exchange platform binance and yobit, the two most secure platforms today

i think people say its risky to have all your money in exchanges because there is a chance that the exchange could be hacked and you will lose your money but big trusted exchanges cant be hacked easily.

[Naga 1250]

35 minutes ago, Jackmil said:

It must be like that. Don't keep bitcoin on exchange. Because I think it's risky. Keep it in your wallet and it will be safe. because the wallet is a safe place.

i think we are all keeping our money on exchanges and simply because its boring to keep always sending coins back and forward from wallet to exchanges,.

[Whydoyoucare 1094]

I prefer storing my coins into my hardware wallets because it is really safer and untouchable, unlike online wallets the vulnerability is still there hackers right now are so good. 

[nicolas1234789 2566]

We should use wise money management to manage our fund, replace all money in one basket is not great idea. Our money should split in 2 section, for primary activity and back up fund. Never save your money in exchanges is popular step to avoid scammer and wallet is the right place for saving.

[McCree 713]

Most people's bitcoins should be in an offline wallet but what can you do if your computer is not reliable, to me that's even worse than leaving it in an exchange. The thought of your computer suddenly breaking and your bitcoins become inaccessible is awful. But technically they aren't lost because the hard disk drive is OK, but still, how many people know how to replace hardware spare parts?

[Zues 1069]

5 hours ago, Maraj77 said:

Yes, I think in this week bitcoin price is going to 11k. Now bitcoin price is 8.8k+-. Day by day bitcoin price is rise up. If bitcoin price is going 9k+ then it is very good news for all crypto user. Then people sell their bitcoin and earn lots of money.                  

That was true because some wallet today are getting shutdown without notice and it is hard because you cannot get your wallet and money bring back again.

[dinabolt 514]

Most people will agree with you, in every reason split your money into several trading platform or for saving asset is better. Scammer is every where and exchanges can closed anytime, after finish your transaction just send it into your wallet and make time to enjoy your profit.

[MuhammadSh 3067]

i agree with you.. 

because some wallets today are getting shutdown without any notice!!

we should be careful.. and i am sure about the future of digital currencies!

[Kenan mehoub 540]

Yes, this is correct. Money must be kept in special portfolios for cryptocurrencies, as some trading sites have blocked their owners ’money for various reasons.

[Agios 1763]

Thanks for sharing, I agree with you, because an exchange is not a wallet, so it is very risky if we save money / crypto in large quantities, except only for trading capital,

[Dolpharius 675]

On 16.10.2019 at 06:45, wilbertson said:

Guys, don't treat your tradding account or exchange sites accounts a s wallets. We have seen many traditing sites clossing up moatnof them announce a closing up but some don't or not announce it properly purposely. But be aware some don't announce at all. 

My advice, don't store your money in exchange or trading site plus don't use site that's have no good reputation

Take care and Happy trading..

no need to store, there are special places for storage, and exchanges are created to participate in tenders - to sell or buy assets.

[Dolpharius 675]

14 hours ago, wilbertson said:

You and i are not treating exchanges as a storage for our coins, by many think there is no difference.

yes no it’s not reasonable to think so)) to keep it under your pillow is easier to say or to keep it from third parties it’s not clear from anyone and moreover there are already many cases recorded that the exchanges themselves provoke hacker attacks on themselves and thereby do not pay.

[Hendy1 370]

Yes, good conclusion;

1) I will keep my money in the bank and henceforth,

2) I will save my profits in a cryptocurrency wallet, all have the choice for the best.

[Win 1015]

That's correct just out only what you afford to lose.becouse trading also form of investment so be carefull also.maybe some are earning big on trading but nit all are earning big.and also use best and secured exchanger.

[guatazoo 7150]

57 minutes ago, treasovov said:

It's right merely shouldn't keep the cryptos within the exchanger pockets considering e if the vicinity is hacked or wallet is hacked at that factor all of the cash can be expelled inside a second.

But many exchanges finds ways to make you keep money on them, like yobit use investbox for that purpose.

[Dolpharius 675]

17 hours ago, wilbertson said:

Wait you think some of those exchanges hacks might be a big lie to cover their scams??

Well, of course - this is the easiest way to earn money - you make the security service guilty and that’s all, you make a hole in the attack and the rates are smooth.

[Man 741]

We have two things, funds to hold our assets and funds to trade. These two things really cannot be equated, we must differentiate. You must specify funds to trade and if there are funds to save then save them as your future assets.

[talo122 735]

Also mention that many of exchanges have been hacked, so tradr must only keep the amount he want to trade with in exchanges, and keep the rest of his capital in his personal wallet.