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#201 2023-06-08 20:55:47

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,071

Re: Warning: Don’t leave your funds on an exchange/crypto service

PEACEMAKER;12599 wrote:
JONSNOWING;12560 wrote:

<p>Their reputation will eventually get damaged if their users get to know about this things on their own, which is why the Utopia P2P ecosystem always has a way of getting hold of their users trust because they treat them as priority which is how it should be

Most times it really doesn't get damaged because many crypto user are not cautious of their privacy. We saw that with ledger hardware wallet where users still patronize them after they had a data leak.

And you are mate,the utopia team treat we the customer as the priority.

I think reasons for being scammed should have a space for it to be stated, because most of this users saying they were scammed maybe as a result of their own self insecurity and lack of cautiousness

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#202 2023-06-08 22:02:07

Europ
Member
Registered: 2023-05-23
Posts: 1,372

Re: Warning: Don’t leave your funds on an exchange/crypto service

JONSNOWING;12747 wrote:
PEACEMAKER;12599 wrote:
JONSNOWING;12560 wrote:

<p>Their reputation will eventually get damaged if their users get to know about this things on their own, which is why the Utopia P2P ecosystem always has a way of getting hold of their users trust because they treat them as priority which is how it should be

Most times it really doesn't get damaged because many crypto user are not cautious of their privacy. We saw that with ledger hardware wallet where users still patronize them after they had a data leak.

And you are mate,the utopia team treat we the customer as the priority.

I think reasons for being scammed should have a space for it to be stated, because most of this users saying they were scammed maybe as a result of their own self insecurity and lack of cautiousness

The centralised social media exposes people to lots of online threat and attacks. Most o
Informations are derived from what we upload online, comments,link sign up and leaked email login details.

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#203 2023-06-09 08:05:45

Lanistergame2
Member
Registered: 2022-12-25
Posts: 1,520

Re: Warning: Don’t leave your funds on an exchange/crypto service

JONSNOWING;12747 wrote:

I think reasons for being scammed should have a space for it to be stated, because most of this users saying they were scammed maybe as a result of their own self insecurity and lack of cautiousness

This exists in isolated cases, but when there is a large amount of users affected by a hack it is not possible that they were all careless at the same time.The platform bears the blame for such situations and users should be more careful when dealing with them.

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#204 2023-06-09 18:51:52

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,244

Re: Warning: Don’t leave your funds on an exchange/crypto service

Guys do you think it's right for exchanges to earn their users on the dangers of leaving their funds on exchange or it would be very bad for the exchange to do that based on liquidity

Last edited by CrytoCynthia (2023-06-09 18:52:04)

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#205 2023-06-09 19:39:02

Detroit
Member
Registered: 2022-12-27
Posts: 1,402

Re: Warning: Don’t leave your funds on an exchange/crypto service

One of the biggest factors that distinguish average crypto traders from seasoned investors is the use of technical analysis and on-chain metrics. While the former can take a considerable length of time to master, the latter is much easier to grasp and can be leveraged straight away to improve a person's trading.

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#206 2023-06-09 19:40:20

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Warning: Don’t leave your funds on an exchange/crypto service

A great place to start using on-chain metrics is with crypto exchanges. Exchanges are businesses that allow traders to buy and sell their crypto, such as Binance, Coinbase and Kraken.

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#207 2023-06-09 19:41:09

Detroit
Member
Registered: 2022-12-27
Posts: 1,402

Re: Warning: Don’t leave your funds on an exchange/crypto service

When analyzing exchanges, the most appropriate on-chain metrics provide trading signals and insights using crypto transaction data or, "who is sending what, where, and to whom."

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#208 2023-06-09 19:41:36

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Warning: Don’t leave your funds on an exchange/crypto service

Monitoring the flow of crypto in and out of exchanges allows traders to determine whether the market is in a bullish or bearish phase and, coupled with other metrics, can help you make better investment decisions.

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#209 2023-06-09 19:41:53

KingCRP
Member
Registered: 2023-01-06
Posts: 1,054

Re: Warning: Don’t leave your funds on an exchange/crypto service

Camavinga;12901 wrote:

A great place to start using on-chain metrics is with crypto exchanges. Exchanges are businesses that allow traders to buy and sell their crypto, such as Binance, Coinbase and Kraken.

I see you big on centralized exchange well guess you have not been a victim of all the negative side of the centralized exchange well I encourage you to try doing your research on that.

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#210 2023-06-09 19:42:39

Detroit
Member
Registered: 2022-12-27
Posts: 1,402

Re: Warning: Don’t leave your funds on an exchange/crypto service

High liquidity indicates that the market for a particular cryptocurrency is active. As a result, it is easier to trade cryptos in a liquid market since trade orders are filled more effectively due to the larger volume.

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#211 2023-06-09 19:43:39

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Warning: Don’t leave your funds on an exchange/crypto service

Detroit;12905 wrote:

<p>High liquidity indicates that the market for a particular cryptocurrency is active. As a result, it is easier to trade cryptos in a liquid market since trade orders are filled more effectively due to the larger volume.</p>

This is because there are fewer buyers to prop up prices if there’s a sudden decline and fewer sellers to hamper breakouts if there’s a sharp rally.

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#212 2023-06-09 19:44:38

Detroit
Member
Registered: 2022-12-27
Posts: 1,402

Re: Warning: Don’t leave your funds on an exchange/crypto service

One reason for an increase in exchange inflows is that investors are looking to sell their crypto assets. Exchange inflows due to selling pressure is a bearish signal and indicate that prices could fall.

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#213 2023-06-09 19:45:05

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Warning: Don’t leave your funds on an exchange/crypto service

investors could be looking to capitalize on an airdrop or move funds to exchanges to stake their crypto. Actions like these are neutral and price impacts are difficult to discern.

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#214 2023-06-09 20:25:30

PEACEMAKER
Member
Registered: 2023-01-27
Posts: 412

Re: Warning: Don’t leave your funds on an exchange/crypto service

KingCRP;12904 wrote:

I see you big on centralized exchange well guess you have not been a victim of all the negative side of the centralized exchange well I encourage you to try doing your research on that.

Many users of centralized exchanges do not want to bear the responsibility of their assets, they rather have an exchange take care of that and if anything goes wrong they believe they can complain and the issue would be rectified, although that is not always the case.

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#215 2023-06-09 21:37:57

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,071

Re: Warning: Don’t leave your funds on an exchange/crypto service

Detroit;5984 wrote:
Lanistergame2;5978 wrote:
Detroit;5977 wrote:

You totally have a point there. But you will agree with me that organizing some social gathering examples seminars and webinars would elevate or improve the chances of people being thier own bank.

I guess there is no harm in trying. Even if just one person is convinced to act as their own banks as a result of such an event, then it is totally worth it.

Whoever would organize it would need to be well grounded on how to act as your own bank, including best security practices and privacy methods.

I guess that's why forums like this are created. To share ideas and support each other but I'm the internet and outside the internet which also includes coordinating ourselves and helping those who need it both intellectually and in every other aspect as much as we can.

The benefits of being in the Utopia P2P project keeps on getting on the good side ranging from knowledge gotten from different individual experiences on Cryptocurrencies and scammers and investment advice generally

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#216 2023-06-10 05:37:20

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,558

Re: Warning: Don’t leave your funds on an exchange/crypto service

JONSNOWING;12973 wrote:
Detroit;5984 wrote:
Lanistergame2;5978 wrote:

I guess there is no harm in trying. Even if just one person is convinced to act as their own banks as a result of such an event, then it is totally worth it.

Whoever would organize it would need to be well grounded on how to act as your own bank, including best security practices and privacy methods.

I guess that's why forums like this are created. To share ideas and support each other but I'm the internet and outside the internet which also includes coordinating ourselves and helping those who need it both intellectually and in every other aspect as much as we can.

The benefits of being in the Utopia P2P project keeps on getting on the good side ranging from knowledge gotten from different individual experiences on Cryptocurrencies and scammers and investment advice generally

You have a point mate, our protection starts from knowledge, information is the basic data for knowledge. A lots of information lurking around the sites waiting for people who needs it values. Utopia p2p ecosystem makes it all available.

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#217 2023-06-10 19:12:04

PEACEMAKER
Member
Registered: 2023-01-27
Posts: 412

Re: Warning: Don’t leave your funds on an exchange/crypto service

Comrade;13040 wrote:

You have a point mate, our protection starts from knowledge, information is the basic data for knowledge. A lots of information lurking around the sites waiting for people who needs it values. Utopia p2p ecosystem makes it all available.</p>

That's correct, researching cannot be over emphasized. It is the most important thing a person should do before embarking on any project and Utopia makes it easier and also creates a platform for interaction of members to enable them learn from experienced individuals on the forum.

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#218 2023-06-10 19:17:02

Detroit
Member
Registered: 2022-12-27
Posts: 1,402

Re: Warning: Don’t leave your funds on an exchange/crypto service

Doing your research on crypto does not have to be tedious; once you understand the necessary information to look for and where to look for them, making informed investment decisions become easier.

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#219 2023-06-10 19:20:30

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Warning: Don’t leave your funds on an exchange/crypto service

All your sources of information are advising you to do your own research before investing, and this is sound advice. The Crypto industry is an economic experiment happening in real-time, and more often than not, the market can act irrationally.

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#220 2023-06-10 19:21:17

Detroit
Member
Registered: 2022-12-27
Posts: 1,402

Re: Warning: Don’t leave your funds on an exchange/crypto service

Market participants (investors) need strong, clear, and measurable incentives not to panic sell in the event of a downturn or “FUD” (fear, uncertainty, and doubt). If their sentiment towards the investment is not one of the community but zero-sum, then you can expect massive dumps at irrational moments that would otherwise not require such action.

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#221 2023-06-10 19:44:31

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,071

Re: Warning: Don’t leave your funds on an exchange/crypto service

Detroit;13071 wrote:

Doing your research on crypto does not have to be tedious; once you understand the necessary information to look for and where to look for them, making informed investment decisions become easier.

Research most times might not involve a personal effort, knowledge and information are shared on Cryptocurrency related groups like the utopia p2p  forum where members get to share their experiences using cryptocurrency

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#222 2023-06-21 19:18:20

Detroit
Member
Registered: 2022-12-27
Posts: 1,402

Re: Warning: Don’t leave your funds on an exchange/crypto service

Cryptocurrencies may revolutionize digital trade markets by creating a free-flowing trading system without fees. A SWOT analysis of Bitcoin is presented.

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#223 2023-06-21 19:23:02

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Warning: Don’t leave your funds on an exchange/crypto service

The United states branch of Binance is having problems with the U.S sec and nobody knows what is going to happen, if the exchange will be shut down or allowed to continue their operation, but this is why you should not leave funds in exchanges, they can close before you have the chance to withdraw.

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#224 2023-06-21 20:15:29

Europ
Member
Registered: 2023-05-23
Posts: 1,372

Re: Warning: Don’t leave your funds on an exchange/crypto service

Camavinga;15275 wrote:

The United states branch of Binance is having problems with the U.S sec and nobody knows what is going to happen, if the exchange will be shut down or allowed to continue their operation, but this is why you should not leave funds in exchanges, they can close before you have the chance to withdraw.

In Utopia we are opportune to get to gather our ideas and also contribute different occasions support info. We shouldn't forget that the cryto exchange is actually like any other online website site that can promote to maintenance in any moment. So avoid stressing tbe support system .

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#225 2023-06-21 20:55:24

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,574

Re: Warning: Don’t leave your funds on an exchange/crypto service

Europ;15296 wrote:
Camavinga;15275 wrote:

The United states branch of Binance is having problems with the U.S sec and nobody knows what is going to happen, if the exchange will be shut down or allowed to continue their operation, but this is why you should not leave funds in exchanges, they can close before you have the chance to withdraw.

In Utopia we are opportune to get to gather our ideas and also contribute different occasions support info. We shouldn't forget that the cryto exchange is actually like any other online website site that can promote to maintenance in any moment. So avoid stressing tbe support system .

Well actually in the Utopia p2p ecosystem its might be hard to get hack or scam in the system right in front of all users cause i believe there is no PM available for now. So if anyone is looking for way to loose is fund probably he or she can overlooked the alarming warning being given and leave his fund in the exchanger

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