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Protecting your crypto

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Just now, Rifat773 said:

I have no idea how to protect crypto. Please tell me how to protect it. I think it's best to stay away from scandal in crypto. General Chat Chat Loung

Do not share your wallet private key to other and do not like the unknown Facebook page some time they upload the scam link in their pages which will hack your computer.

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5 hours ago, Hambohotdog said:

In order to protect my cypto I'm not telling to anybody my email and of course my password. And I'm only using my phone and not doing transactions on other devices. 

Yah, i agree with you, and of course we shouldn't share our accounts to any body else, for us to be more safe, we know that trusting others can make us fooled also by others, not everyone that looks trusted to you is trusted, we know there's anlot of temptation so i suggest to don't share your accounts to anybody else. 

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11 hours ago, Mendeleev17 said:

Protecting the Bitcoin is not an issue now as because there are a lot of private wallets you can buy, which is secure and encrypted by strong algorithm.

Do you mean a hardware wallet? You have to buy it at an official store, so you don't get a compromised wallet.

 

11 hours ago, Rifat773 said:

I have no idea how to protect crypto. Please tell me how to protect it. I think it's best to stay away from scandal in crypto. General Chat Chat Loung

We are all discussing it and have already delivered it. You need to read a few posts back. And please fix the typo. 

 

11 hours ago, Lubna said:

yes. in this case, we have to.choose the person who is most close and trustworthy for my. My father, mother can be a great choice for this.

Of course, Family is primary option. 

 

11 hours ago, Herol said:

What I do to protect the web is that I use a web wallet because it's the easiest and most widely used and the safest offline storage solution creates a seamless experience for trading, trading, and protecting my crypto.

Bravo! Coinbase and ledger wallet is a perfect combination for me.  What about you?

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12 hours ago, Rifat773 said:

I have no idea how to protect crypto. Please tell me how to protect it. I think it's best to stay away from scandal in crypto. General Chat Chat Loung

protect crypto i think you need to learn you must save your crypto on private wallet and add 2fa i think coinomi and coinbase is best at the moment in my opinion .

Edited by sidik7

 

 

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Appreciate it completely with the tips. The earth connected with cryptocurrencies can be quite risky in addition to most of us find out regular announcement connected with piracy in addition to sham. Many exchanger seemed to be hacked in addition to thieved purchaser dollars. Stick to this safe practices course of action

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I juts make sure I spread all my crypto on different wallets, never keep your coins on the same wallet not all of them.

  • Useful or interesting 1

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I enable the maximum security settings possible, two-step authentication, and save the secret key from the wallets, + generate passwords for all wallets

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Thanks for reminding us to be safe our coins mate, no one people will be agreed if they are losing some coins, they will secure our wallets and also keep the wallet file and privacy keys and make an duplicate of that in case of emergency we have already had back up.

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It's my responsibility to save crypto because there are many hackers who can hack into crypto so change the password regularly and use a big and long difficult password.

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On 12/6/2019 at 2:58 AM, amiraliko said:

I leave all on desktop wallets, but I'm thinking to buy a hardware wallet to make a safer way to protect my coins. I don't like paper wallets, but I have to admit that is a good way to protect yourself against hackers.

The paper wallet is the safest. However, the security depends on the way you manage it.

 

On 12/6/2019 at 3:11 PM, Tashfik said:

If you protecting your crypto then at first you need to choice a trusted wallet. I think yobit is the best trusted wallet I have ever seen. Everyone try to use this wallet.

Yobit is a trusted exchange, not a wallet. However, I hope this will encourage Yobit to make one.

 

 

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This is actually a really good topic for discussion, especially for newbies, because crypto isn't like keeping money in a bank where its safe even if the bank gets robbed.  You have to take total control over your coins and keep them really secure.

 

Me, I use a hardware wallet for most of my coins.  The great thing is that a thief could steal the device but would have no way to access the coins.  I keep the seed phrase hidden away and locked up in duplicate.  Is it 100% safe?  Probably not, but it's as safe as it can get.

 

I wouldn't trust web wallets or exchange wallets like Coinbase or even software ones like Electrum if you really want security.  Either invest in a hardware wallet like a trezor or ledger or create a paper wallet and keep it secure.

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Watch after the gadgets I enter crypto wallets from for they must be clear and safe enough and have no viruses. Otherwise it's become really easy to lose your savings that way 

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On 10/17/2019 at 5:19 AM, Glossy said:

What are you doing to protect your crypto?

There is big danger that someone will take your crypto assets from you, so we must be careful in protecting them.

 

Here are some of the rules that help us protect them:

1. If you hodl crypto then use hardware wallet or cold wallet - copy the seed and store it on 2 or 3 safe locations - same with cold wallet

2. Don't let your assets stay on exchange too long

3. Always be careful before investing in ICO - research the team and the project

4. Never trust anyone who contacts you on Telegram group and offers you "some great deal"

5. If something seem too good to be true, it is probably scam.

 

If you have any tips please do not hesitate to share it

 

Stay safe my friends

 

If you find this thread helpful feel free to mark is as interesting

 

 

Thankyou! These tips are so helpful. It is important that we diversify our cryptocurrencies or to withdraw them time by time just to be sure to avoid scams. 

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Security for your crypto is biggest matter in nowadays. You have to keep your wallet password secret from others. You have to enable 2 factor for your wallet. And don't share wallet keys to others. 

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Don't store your private keys onlins, Make sure you have a back up and it is better to have a back up on hardware wallet, Be careful on every transactions we do and  don't be asure on the links that is being provided. Those can help me to secure my crypto and maybe it can help you also.

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On 10/17/2019 at 12:43 AM, lucky80 said:

If you can invest tens of thousands of dollars, so don't forget to invest in your own computer's security. It will cost you less than 50 bucks to have additional protection. 

Yes this is very important the majority of people are victim for not invest on their security also the websites exchange are victims.

On 10/17/2019 at 4:25 AM, Mohs3n71 said:

Good points, and always keep in mind that the safest way for holding your crypto for a long time is storing them in a hardware wallet

Yes you are right, there are not other option better than hardware wallet. The best option.

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Protecting our crypto is hard because alot of hackers are just everywhere,even how we secured it,thats why we have to be very careful in every site or pages we visits,we must try to be private as possible as we can be,and i suggest using 2fa,it will help protect our crypto and every assets we have online.

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Crypto asset regulations could be developed with the help of a new survey of stakeholders by the Basel Committee on Bank Supervision, which sets standards for bank regulators around the world.

A potential outcome of the survey is the establishment of minimum crypto asset standards internationally.

The Committee said the size of the crypto asset market is meaningful despite it’s a small part of the global financial system. Crypto is estimated to have reached a market cap of $800 billion in January 2018.

The global advisory center is urging banks to apply a conservative regulatory treatment to crypto assets, particularly for high-risk varieties.

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10 minutes ago, Selfish777 said:

I lost my coins so much time specially in an exchange i buy coins on a exchange which is hacked and my all money gone in just 1 day so now i invest my money in different exchanges to safe my coins becauseing using a single exchange will give you a huge loss when that exchange is hacked.

Don't keep most of your money in exchange site, and you must have an attitude to cash out your [rofits weekly or monthly not leave it in the exchanges,

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i like your tips.i think it one of the best posts on cryptotalk.org.you have covered almost all the aspects of threat.cryptocurrency has biggest threat with hackers and scammers.if we will follow your tips we are going to be always safe.

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I always protecting my cryptocurrency in my wallet.

Mostly i secure it on my mobile wallet. Because that wallet is really easy to use and good to used outside.

If on computer we need many times to open. I also transfer with my wallet to decrease the fees and times.

If i trading cryptocurrency and already get some Bitcoin, i will prefer to transfer it first to my wallet for securing my asset. Where we know exchanges have possibility get hacked, but not if already on our wallet.


Please don't spam this forum!

Give me 💙 if my post helpful

Thank you.

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Everyone should protect their own cryptocurrency.If you do not protect your crypto you can lost yout crypto.So every crypto holders needs to protect their Cryptocurrency

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It is very essential for you to protect your crypto currency.if you don't do this than you have a chance to lose your coin .so you should protect your crypto currency.

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Regards substantially for one's help and advice. A society from cryptocurrencies is perilous not to mention we tend to learn day to day press from piracy not to mention deception. A considerable amount of exchanger was hacked not to mention ripped off customer's profit. Meet typically the defense approach.

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Davis believes this impressive figure clearly indicates growing recognition of cryptocurrency and interest from institutional investors, especially from the US.   Strike CEO Jack Mallers predicts that during the ongoing bull rally, bitcoin could reach $250,000 and possibly rise in price to $1 million. On a podcast with Pomp Investments founder Anthony Pompliano, Mallers explained his bold forecast by stating that bitcoin is still at an early stage of development. According to him, the bond market is currently facing problems, so central banks may inject a significant amount of liquidity into the financial system to stabilize it. This liquidity influx will trigger an increase in the value of risky assets, including the leading cryptocurrency.   Jack Mallers disagrees with the notion that bitcoin is a bubble or a tool for speculation. The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike fiat currencies and gold. "Bitcoin can be called the hardest form of money – thanks to the fixed issuance schedule and halvings every four years. The release rate of new coins gradually decreases, thereby increasing bitcoin's long-term value," argued the Strike CEO.   Analysts from financial investment company Motley Fool also target a six-figure number. They suggested that bitcoin's rate could rise to $400,000 and possibly even reach $1 million. The reason, which has been mentioned many times, is the influx of money from institutional investors through spot ETFs. Motley Fool analysts noted that more and more pension funds and hedge funds, managing multi-billion dollar sums, are entering the bitcoin market. Thanks to cryptocurrency ETFs, they can easily include bitcoin (and soon Ethereum) in their investment portfolios.   According to analysts, around 700 investment companies have already invested in such funds. Nevertheless, the share of institutional investors in bitcoin-ETFs is currently only about 10% of the total. Motley Fool estimates that if financial institutions invest about 5% of their assets in bitcoin, the market capitalization of the first cryptocurrency could exceed $7 trillion, which explains its forecasted rate of $400,000.   Considerably less optimism was heard in the forecast of Bloomberg senior analyst Mike McGlone. According to him, bitcoin's volatility leaves it trailing gold and the US dollar in investment appeal. Furthermore, he believes that stocks will soon crash amid the expected recession, but BTC will suffer even more than the stock market. McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
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