In This Day and Age With All the Viruses, Key Loggers and Hackers If You Are Not Practicing Safe Sats You are a Fool.
Every day people report losing their crypto currency because they left it on an exchange. Seriously? How many times do people have to be told, "If you don't hold it, you don't own it."!
so thanks @hilarski, truly it's hard to believe, but it's true we ought to do prudent steps. in the event that anybody dont consider it important at that point on the off chance that he lost his crypto then he will be in charge of it.
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In India it is said that keep your keys safe before blaming others. So self consciousness is necessary for safety in every walk of life. Thanks for sharing such a valuable message to the people friend. Have a good day.
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Totally true man i use exodus and i will buy a trezor in my opinion the best way to hold coins. Regards
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Recently I lost the Crypto currency in polonex, the amount is not big. But still it's a pity. Nothing like we say "learn from mistakes"
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Yes your this post is a real and truthful warning for every crypto saver . Always be careful on your on side and in crypto world news like fake , and froud exchange .. thanks
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Thanx you so much dear SIR @hilarski for Advise . & #RESTEEM & UPVOTE DONE .
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Very wise words. Security is above all. Good luck to you and good.
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I heard about ETH hardfork, I don't think it's a problem of investors & they couldn't hold investors funds. As you said exchanges are not a safe heaven to crypto investments. Do trade, take the profit & secure them at somewhere else. Excellent article about your practice~
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The reversed version is also true: If you don't own it, you don't hold it. This one is true for people who didn't find out yet about cryptocurrencies :)
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@hilarski - Sir according to you we should not keep crypto in exchanges.... Sir please tell us the best way to keep them.... Nice you decided to talk about the security....
+W+ [UpVoted & ReSteemed]
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excellent advice dear friend @hilarski, I appreciate the valuable information that you publish every day.
I consult you, I have a small investment in liks (LSK) which is the best wallet you recommend me to use? I would be very grateful with your advice
thank you very much
I wish you a wonderful day
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I keep some alts on stock exchanges to trade them. Of course, it is not very reliable, but there is no alternative :(
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Sure there are.
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I guess it's just that new people enter the crypto space daily and they have to be reminded again and again.
It is why Coca-Cola advertises everyday cause they keep getting new customers everyday!!
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Paper wallet or hardware wallet can keep them safe. But everything is at your own risk.
~Followed & Upvoted
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Leave crypto on exchangers only if you trade.
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Smart advice. Lots of the new users to the crypto world need to learn about this.
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So interessing and very Wise thanks for sharing this great info
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thanks for helpful information on crytocurrency security.
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Very true.. never trust any exchange, paper or hardware wallet would be better options for storing Crypto's.
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Is the ledger nano s good? Also any recommendations for cold wallets?
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Hardware wallet are the best ..if money in large amount...thanx @hilarski...in this age computers and internet ...it very difficult to get security..
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EXACTLY!! Great post! Everybody needs to be on their toes about this.
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Yet that is what like over 90% of the people do? I think a lot of people don't even realize they don't own their wallets on an exchange site.
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Better don't talk about people that think to buy btc on etoro lol
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Thanks for useful / short/exellent advice
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Congratulations @hilarski
Exceptional thought & nice suggestion like a tip. Good advice to entire community...!!!
50% Upvoted by @MinnowsPower
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"If you don't hold it, you don't own it."
Thank you for updating lot problem of market use above concept.
Up-Voted & Re-Steemed.
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@hilarski,
In This Day and Age With All the Viruses, Key Loggers and Hackers If You Are Not Practicing Safe Sats You are a Fool.
You gave us a great advice! This is absolutely correct! Safety 1st!
Cheers~
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ohhh really its a bad situation but i have no any bad experience to losing currency @hilarski
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Well said @hilarski.
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Thanks for the reminder. I'm very new in crypto and I'm learning everyday. Can you tell me where can I learn about storing it in an extended degree?
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I'm scared I'll break or lose it if I keep it somewhere else x_x)
I can't tell you how many times I accidentally deleted my Bitcoin wallets when I first got into it ;w;)
What's that thing in the picture though?? Can I get a keychain that holds my crypto?? :0c
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Well said, "If you don't hold it, you don't own it."
Thanks for the awareness. hackers are being more cruel these days.
be careful and safe.
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Well we are still talking about a key to some virtual money. Even if you hold it you may don't want any other to see it too.
Nothing is really 100% safe, but it seems paper is the safest option so far. Let's not hope the house will burn down or gets flooded.
What will we rescue first??
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Uhmmm!!! If yo don't hold it, you don't own it... Certainly a word word or should I say a sentence for the wise....Every crypto owner must do whatever it takes to secure their crypto-assets with every gadget available.
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yes,i am agree with you.
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Well said. Still larger chunk is left in exchange. People who are new must be educated about different types of wallets and how to secure they crypto assets.
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You've got that right!
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whats the best storage device for btc or any other crypto @hilarski Thanks in advance
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Ledger devices, Tigo CTM will deliver computers soon.
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Thanks got it
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I fully agree with you, as soon as we sent it to the stock exchange, it becomes just a record. It does not belong to us any more.
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yeh thier for i dont leave my crypto on any exchange for a long time
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Great article...I totally agree, so many people put unfounded trust in Bitcoin exchanges to keep their funds safe. To me this is an extraordinarily dumb thing to do; to trust your fortune to the coding skills and security of a third party over which you have no control. Additionally even a large majority of the wallet or hot wallet services are ripe for the pickings of thieves and hackers.. for me I use the KISS method.. (Keep it simple stupid) and default to good old Bitcoin Core Wallet on a laptop not connected to the network.. backed up with the paper wallet and corresponding key in a 9000 lb safe that would survive a nuke..
DAILY DETAILED MARKET ANALYSIS, GIVE IT A READ, MAKE SOME MONEY OR SAVE SOME...
https://steemit.com/bitcoin/@pawsdog/12-12-2017-the-market-view-and-trading-outlook
https://steemit.com/bitcoin/@pawsdog/12-9-2017-the-market-view-and-trading-outlook
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Bitcoin booming today. Hope it touches 20k in this month
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i watch this post dear. i like @bitcoin . nice sharing @hilarski
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Thanks for your this advice for awareness of your wallet .. humble thanks ...
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Thanx you sir for your advise .
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I understand your article as much as possible. You're right. I agree with you.
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good suggestion @hilarski. you are great. i like your post and following.
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Hey nice thought @hilarski. We should always be careful and keep ourselves safe from fraud. Thanks for the advice.
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Hello @hilarski,
"If you don't hold it, you don't own it." 100% correct statement. We must secure what we earn. Exchanges is not a good place to keep it. Valuable topic you shared.
~@mywhale
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Security is must. Thanks
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Bad current market condition our losing money. Perfect advice you giving us. Nice secure procedure.
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When you move money to an exchange, you are betting.
Not only betting on the market, but betting on the exchange.
It is the same in the stock market.
Remember MF Global?
Your money is not safe outside of your control.
Bet what you can afford to lose.
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never trust any exchange, follow hilarski, then again check rule #1 & follow hilarski. useful update @hilarski
@resteemia
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then whats the safe way to protect
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Thanks for your advise sir great to see your post really good job
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Very impressive post, thanks for thinking of security
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I have most of my coins in exodus wallet and a hardware wallet!
In exchanges is just for what the word say exchange!
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Which hard wallet is safe from your point of view would you like to share the best :) one in this category for btc
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time to keep crypto safe and secure !!
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The news is true...
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