Post
Topic
Board Altcoin Discussion
Re: Why are crypto devs so greedy
by
Jancuki
on 20/11/2022, 08:04:50 UTC
One thing everyone can agree on is that centralization is essential for the long term of cryptocurrencies. There needs to be a way for people using cryptocurrencies to do so without putting themselves at risk of fraud, theft, or other scams that could hurt investors.

Unfortunately, this decentralization is difficult to achieve due to the nature of cryptocurrency itself. Because there is so much room for scams and theft, ordinary people who are new to investing in crypto are hesitant to get involved because there is really no way for them to avoid the risk.

If you register on a CEX or a crypto trading platform, keep the money in moderation. Don't keep all your crypto assets there, the goal is clear because of security issues.
It is undeniable that after many recent events, we are required to be wiser in asset storage. it turns out that big cex does not guarantee its security, so if it is stored in the wallet itself it is vulnerable to hacking. At the moment it's more realistic for me to keep my assets in a bank account, and keep some of them in the hardware wallets I buy. hope this can be a solution for me.