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RE: Regulations are coming, and that's a good thing!
"Just about every week we hear about someone who was hacked or an exchange that was hacked and funds were lost.
Right now there is not much recourse for something like that.
As regulations comes out and reserve requirements are instituted for exchanges and they are properly insured, many of those types of risks will go away."
That is it in a nutshell.
Just buy a ledger wallet, store the crypto = safe, people just want the quickest way to get rich without taking the precautions needed to not lose the money, they buy coins that they dont know anything about just because McAffee or some other important dude said so, or go to a bitconnect exchange and leave their coins there, or give money to a cloud mining website thinking they are going to get their money back... i prefer to have less returns and keep my money safe in coins and wallets that i trust then put it in a quick get rich scheme.
recently a popular wallet was hacked
Ledger nano s and trezor are the only true wallet gods, calling other stuff wallet is a blasphemy
Pretty much
I agree with you 100%