Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
letteredhub
on 01/12/2023, 22:50:36 UTC

So it is not wise to 100% trust a site , as anything unexpected can happen any time. We should be prepared and never store so much money on freebitco or any site.
It is true that we cannot completely trust third parties, but we can choose the right place for our money, even though the wallet is not completely safe either, there are also some cases of them losing their money in the wallet either because of phishing sites or others, all of them It depends on each user how they want to store their money, third party sites like exchanges or sites like freebitcoin.

There is no guarantee that money will be safe, but we might be more careful in choosing sites or other places to store and place our money and it is not wise to trust third party sites 100%, even personal wallets are also not completely 100% either, The point is that it comes back to each individual's choice, if I personally only save a few FUN tokens in FreeBitcoin just to get WOF, the rest I keep in my wallet as a long-term investment.
Every storage methods have their risks, but without any doubts it's much more risky to keep your money at third party hands than keeping the coins with yourself. By storing your coins inside a cold wallet, the maximum which can happen is to lose the keys and access to your wallet, but then it's totally your fault for not taking care of it properly, while when storing money at online platforms your money will be under the responsability of someone else, so you will depend on them all the time. It still seems much safer to think you are the only one controlling your funds instead of relying on others to do so, unless you have the conscience of being a very careless, inattentive person.
Story your coins in third party control like the exchangers is same as keeping your money in the bank which some persons hate but still have their coins sleeping in an CEX of what difference does it make. The least I can do with CEX is that my coin gets in there for trading and p2p transactions immediately am done I transfer bank to my non-custodial wallet. It's only irresponsible people that will be scared of manning the responsibility of keeping their own money safe through the safety of their private keys. Your coins are safer when you have charge over your keys than when it's in third party's the rules are so much to bear.