Protecting your crypto

[Shaza Ahmad 1682]

Thank you for sharing these important tips. In the world of cryptocurrencies, all beginners need to apply these tips, or they will fall into the trap of fraudsters or lose their money due to their limited knowledge in this field.

[Bohana 2143]

On 10/17/2019 at 12:19 AM, Glossy said:

What are you doing to protect your crypto?

There is big danger that someone will take your crypto assets from you, so we must be careful in protecting them.

 

Here are some of the rules that help us protect them:

1. If you hodl crypto then use hardware wallet or cold wallet - copy the seed and store it on 2 or 3 safe locations - same with cold wallet

2. Don't let your assets stay on exchange too long

3. Always be careful before investing in ICO - research the team and the project

4. Never trust anyone who contacts you on Telegram group and offers you "some great deal"

5. If something seem too good to be true, it is probably scam.

 

If you have any tips please do not hesitate to share it

 

Stay safe my friends

 

If you find this thread helpful feel free to mark is as interesting

 

 

Well for me, I wouldn't suggest anyone to use a hardware wallet (a wallet installed on hardware) because it's very risky and easy to steal. Instead, use online crypto wallet with secure password as they are more secured wallets. Also, ignore suspicious Emails and avoid scam coins!

[Lover840 0]

Hello my dear friend. Thank you so much for this information with us. As a newbie such tips are really helpful for us. I'm keeping my BTC into my wallet with the 2fa security system. 

[thomsong 5]

You shouldn't fall season for the purpose of tricks, should a specific thing might be much too fantastic to always be the case through crypto it definitely might be. Hype from complimentary profit, makers, wonderful miners because of certainly no manufacturers which were process compatible with market place values. Its nonetheless detail.

[gkapoxm 84]

We can protect our crypto from scam and other issues quite easily.

[lifelline1262 15]

12 hours ago, John33 said:

This is a amazing site for earning money. You can earn btc by comments this site.Yes basically I would like to add one that is of concern to phishing sites . 

You don't need to believe in any sites that comes your way, some are scams and not good to patronize

[Jonayeed1207 11]

In my opinion the cryptocurrencies protection in the Coinbase is a regulated company and holds licenses in all districts in which it operates. It is backed by major US investors and is not a scam. So, it's safe to link your bank account but that does not mean you should ever store bitcoins with Coinbase.

[Munkhatun 7]

Totally agree with point number 1 and it sounds great but it will definitely be a scam, I resort to putting my assets in a great wallet or offline wallet and I think it will allow my funds to be sought anywhere and whenever.  Allows the exchange to be withdrawn

[Mwaleed 4]

If you can invest tens of thousands of dollars, so don't forget to invest in your own computer's security. It will cost you less than 50 bucks to have additional protection. 

[Rahul11 292]

There are various steps that can be taken to prevent our coins from being lost and missing. Save in the wallet Trusted, do not keep currency exchanges for long, do the proper analysis for coins, investments. That way I can protect our mind.

[m7md 0]

Yes, and the most important thing is that you do not send anyone your personal information and also that you check your balance from time to time to check

[Ionescu 115]

In year 2019 many big exchange hack such cryptopia, binance and many other exchanges Wallet. So exchange Wallet not safe at this time. Also hold you coin software Wallet or hardware Wallet. This Wallet safe and secure. 

[MrGeany 297]

yes you are right just use offline wallets and store them on usd or ssd and don't connect it to the internet that way noone can steal your coins and you can stilll use that btc address like you want.

[Maroua 1159]

Thank you for these most wonderful advice. We cannot trust people we do not know this first and second. We should consult people we know and have experience in the world of cryptocurrency.

[AshikSakib 5]

There are many ways to protect our coins, there are several actions that I take to protect my coins from running out and missing in example  Save coins in a wallet Trusted, don't keep coins on exchanges for too long, be careful choosing ICO projects, do a proper analysis of investing in coins, activation dual security system, etc. Hopefully all of you can protect each of your assets.good luck...

[deepown 0]

On 3/13/2020 at 5:46 AM, Butterflyy said:

There are many ways to protect our coins, I save coins in a trust in a wallet for any actions for protecting my coins from the missing my coins, do not keep coins in exchange for a long time, select ICO projects, invest in currencies

You can never know the time you get scammed by an exchange, so you can keep for long time, but not too much or all of your coins.

[Whited35 15285]

Whenever cryptocurrency protection issue concerns, there is only one way that store your most valuable crypto currencies in the cold wallet or the hardware wallet. You will not be sharing your secret phrases to anyone else to let them steal your funds. 

[Treat1234 0]

You need to be very careful in cryptocurrency, there are hackers and scammers that just need a little information about you, so that they can crack your wallet and go away with your funds

[SuperCrypto 7193]

Do not use your mobile phone number to receive SMS messages to obtain the 2FA code, instead use apps like Google Authenticator or Authy to secure your accounts, as cyber criminals cannot access these applications even if they have your phone number

[jacker 1095]

Thank you, I also kept my money safe the way you said it. I use a nano X ledger wallet and keepkey. I feel unsafe so I usually withdraw money immediately or transfer money from exchange to my wallet immediately.

[Upright 2688]

I never really heard of the multisig wallet, as most guys tend to mention the aspect of this wallet, as having a seed is the most important key to safely have control on your wallet and the funds It. Having to store is the most important aspect for funds security

[chancellor_ 210]

Good antivirus, strong password and keys, reliable wallet - and no problem at all.

[Honny143 13612]

I use coinbase wallet to store my bitcoins and enable all security function, like 2fa authenticater and give strong password especially I can't use my coinbase email I'd in any other website, are any third party apps, iam not share my personal information in any other platform, I think its enough to secure our account.

[George10 9932]

Protecting our crypto is very important and must be the first thing to consider because if we don't then we will fail to deal with cryptocurrency and we can be scammed.

[Mcd0d0 5882]

On 3/3/2020 at 10:06 PM, Forhad77 said:

I put my coins in an online wallet. and enabled dual protection. My Crypto Currency
Everything's going well. And I haven't had any problems for 6 months.
And I hope that there will be no problems in the future.

Well, this is good for you mate just make sure that your wallet is highly secured for the hackers here in internet and if you have that thing, this is sure that it has no problem in the future.