Scam on Cold Wallets or Digital Wallets

in #cryptocurrency6 years ago (edited)

By now, most of us know not to put all the cryptocurrency we have on a cryptocurrency exchange or an online wallet. The reason for this is because companies can get hacked and you will lose all your money! 
To solve this, you have to buy a hardware wallet or a cold wallet to save your cryptocurrency into.
Since the Ebay Scam, I have seen many online website selling used cold wallets like amazon.com 
Lately, I'm hearing people new to crypto talking about a good deal on used wallets.

One advice i can give is DO NOT EVER BUY A USED WALLET!!!!
You will probably lose all the crypto you have if you buy a used wallet because the original owner still has the password. WHY WOULD YOU EVER BUY A USED WALLET AND POSSIBLY LOSE ALL YOUR SAVINGS? This is asking for an order of heart attack!  

If you do not have enough money for a new wallet or want a good deal on a wallet, i suggest an online wallet. They are very safe. A lot safer than a used wallet...
People that have been buying used wallets have had their savings stolen because the seller still has the password to the wallet. 

Make sure when you do buy a new cold wallet, that you do keep it somewhere safe and DO NOT FORGET THE PASSWORD. I have had many people including myself forget the password:(

One cold wallet i like is Trezor and they are for about $80 right now. I'm sure as the years go by the price of wallets will drop tremendously.


Coin Marketplace

STEEM 0.20
TRX 0.19
JST 0.034
BTC 90741.27
ETH 3105.77
USDT 1.00
SBD 2.95