Post
Topic
Board Bitcoin Discussion
Re: South African Man Loses $900,000 Worth Of BTC After Accidentally Deleting Keys
by
Kakmakr
on 23/08/2021, 06:46:00 UTC
It is better to store BTC in an online wallet, such as COINBASE .

You sure? Even though "Exchange" hacks are not that common anymore.... it does happen. Also, Coinbase is basically a Bank and they have the most stupid rules and regulations..... so if you break one of their rules... your account get "locked" and you have to battle them for months to get your own money back.

I have heard some horror stories of people gambling with their crypto and getting their accounts blocked... or underage kids accounts getting locked.... etc. etc...

Many of these "A guy lost 500 coins" stories are fake ....because the shills make up these stories to discourage people to buy Crypto currencies.  Roll Eyes