Quote from: Jating on February 24, 2018, 11:42:20 PM

Quote from: carodupuis on February 24, 2018, 06:12:03 AM

Quote from: GoldenLad on February 19, 2018, 10:13:46 AM

Well I guess its the fear of been hacked that is why most people refuse to have anything to do with bitcoin or other cryptocurrency. When I told a friend of mine whom i have been trying to convince into investing in cryptocurrency about how people do get hacked if not careful, he ended up telling me he has made his stand not to invest in crypto because it freaks him out. How I wish there will be a solution to this, probably, a lot of people might have invested in cryptocurrency.

If that is the fear, then they are not really ready for the future and they can just best stick to their traditional age and ways of doing things. Not like there is no solution to security but the problem is people always prefer staying in their comfort zone rather than looking for those solutions. What happened to cold and offline storages if they are scared of hackers? I guess they just do not have anything to do and are busy looking for excuses.

You can't blame them. And as far as I know cold or offline storages are good if you stash huge amounts of bitcoin. But for a common and casual traders, it makes sense to store small amounts in desktop wallet or even in an exchange. But we all know hackers are really that good and it seems they always found vulnerabilities that they can exploit anytime, just like what happened to CoinCheck hack.

So the best thing for us is to be very protective of our accounts. I'm sure that we all heard howr to secure it, but most of us are not really doing good because thousand or even millions of dollars are lost to the hackers.

Then definitely you must secure your account. You should kept your private information secure so that no one can hacked it. Because we cant deny it that as the technology improve people who have enough knowledge about will surely abuse it for them to have money in the most easiest way.