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Joey's Investment Board
(Total Views: 250)
Posted On: 07/25/2017 4:36:26 PM
Post# of 1584
Posted By: fourthjohn
Re: ljsilver #1127
Dont get to confused. Bitstamp places its customer accounts in an offline cold wallet. It was the first exchange to do so.

a lot of these investors come from the computer programming world. Many of them are former or current bitcoinists that were super paranoid to begin with. Bitstamp was hacked in 2015. Only a small amount of bitcoin was stolen from a hot wallet (a wallet stored on a computer) that was used for operations. none of their customers lost any bitcoin Furthermore it changedchanged things like the cold wallet 2FA authentication, security checks etc. Its "safe" enough. when i say enough for the beginner. anything can be hacked. everything i type is encrypted, and i only use 2FA to log in. The better advice is dont tell anyone who u are with, how much u hold, etc.

i dont plan on flipping, or buying things with my xrp. eventually i plan to store it away. but i wont go crazy as digital info erodes over time, banks get robbed, etc.

just be smart.

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