Post
Topic
Board Exchanges
Re: LIVECOIN HACKED
by
The Pharmacist
on 05/01/2021, 23:37:29 UTC
Honestly, it's hard to believe someone would risk that much on an exchange like this. When will these guys learn..
Yeah well, when you have people posting stuff like this, swearing that keeping coins on exchanges is profitable:

Nonsense I made much more than 0.2 BTC by leaving my stuff on the exchanges. Just today I caught the Fun pump. Sold 100k fun coins and an hour later the 400% gain was gone. Just diversify a bit so you can afford the hacks..

Livecoin was by far my smallest account. But would still like the money back
No I am saying the rewards outweigh the risks. I have been able to trade up from a 1k investment to having close to a 100k in two years. That is with having lost 4 exchange accounts along the way.

Hodl all you want and leave the trading to the rest of us.
....you'll realize that not everyone thinks the same.  The fact is that it just isn't safe to do so, and Livecoin is just one example of many as to why that's true.  I sort of feel bad for anyone who lost large amounts of money, but part of me thinks that they weren't careful enough--or just plain had too much trust in an exchange that shouldn't have inspired any trust in anyone.

I have read someone said that his entire life savings were there.  Undecided
Jesus.  I really hope that's not true, but somehow I wouldn't be shocked if it was.