Post
Topic
Board Bitcoin Discussion
Re: The Bitcoin Crooks are not Who We Thought They Were
by
Razick
on 01/03/2014, 03:03:57 UTC
created my paper wallets on offline Linux machines,

this would have saved you. shame you prefered to throw 100% into exchanges. even today you admit losing BTC last week, yet your left over funds are not in a cold wallet.. but where... an exchange...

i think you have not learnt your lesson.

this is what i do.

break down your funds. 90% in cold store. 10% on exchange. when you profit. put the excess into the cold store and continue playing with the 10%. rinse and repeat, putting profits into cold store and only risking 10%

stop... yes stop using exchanges as long term store of 100% of funds. its just not worth it. after all from the beginning investment, are you still in profit or at a loss.

Hey, I recognize my mistakes. I trusted exchanges more than my own security and put too much emphasis on trading and not enough on keeping what I already had. Security measures do no good when what you are trying to protect is not behind them. Good advice, thank you.