Keeping your currencies online is a horrible idea

in #bitcoin7 years ago

nightmare.png!

Helllo :)

this week ,A New Zealand cryptocurrent trader lost more than 7 BTC (18,000 USD) on Bittrex, it was hacked by malicious robots created to steal digital assets,

Another trader Shayne "Crypto is Key" also lost 11 BTC even though his account is protected by 2FA and a strong password, it was stolen from 7 BTC on bittre

"The worst nightmare of all traders is losing its wealth for thieves," says the Bittrex trader.

source image : bit.ly/2trjGnR
source article : http://bit.ly/2t2ROTM

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Thanks @machhour for the insight..
In your opinion, what would be the safest way to store digital currency?
Everyone seems to be "selling" their own product

Paper lmao, Exodus for the win !

Paper wallet or hardware wallet is the only way to go!

i will try exodos what do you think?

Exodus is fine for short term storage and trading, however any serious amount of crypto should be put in a MUCH more secure location than Exodus. Exodus might be the best hot wallet out there in many ways, but it is still somehwhat valnerable. That said, exodus has hardware wallet support on their development roadmap so in the future exodus might end up being the best thing out there full stop.

i think we should not keep our currency on 1 exchange site , its very risky , i opt for exodos for minimize the risk

There is still risk, especially if you are using a windows computer. A ledger Nano S is pretty cheap, why risk it?

Have more and you'll have more!

You are very correct on this everyone show be safe. There showed be more security in the crypto world.

yes with poloniex we have trouble , bittrex too , its safe to secure our money

I have a poloniex account and this morning i checked my email and it said that someone had login into my account even tho i have no money on there i don't use poloniex i was still very alarmed about it the ip address was from the Netherlands Im staying away from poloniex

No risk no gain.. we can reduce risk but can't eliminate

yes , we know that , just be careful

go head machhour,super

thanks kamal

Thank you :) You deserve one Upvote:)

countinue mr machhour

Great post.

thanks brother youness

Great keep going

Lol I totally agree! It can be stressful having them online especially if you lose them

thanks great writer:)

Good post, thanks for the heads up