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Protecting your crypto

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I just keep privatekey and be careful of phishing sites or not give my privatkey to other. I also use a hardware wallet to store a bit of bitcoin for a very long time. Wallet security also depends on the user not to do anything reckless, so educating users is important.

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You must protect your wallet at first, Don't give your private keys all of your username and password. There's a lot of fake wallet, site you need to do your research not to deceived always lock you laptops or phone.

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1 minute ago, So Rio said:

Currently i dont really own alot of assets to store them in an ColdWallet! So i just store them in my binance account! Being an Top class exchange i trust my funds there!

Well I guess we all have our own opinion on where to store our Cryptos even though many people have said exchanges are not the best option. We still have our Cryptos saves there anyways when we are trading them and even then, anything can happen.

I save mine on personal wallets though when I am not trading then in exchange.


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Unfortunately a lot of newbies get fooled and they fall in the trap of this free money. They think they hit the jackpot because they will get free money for doing anything but in fact they are only working for free for scammers and they get paid nothing 

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On 11/14/2019 at 6:51 PM, HCOOH said:

There are many crypto site in the world.But some people are not well they want to hack and try to steal other crypto currency from others wallet.So we should not save password on your browser. 

The no.1 rule to protect your assets is dont save your passwords to any online connection like browser because malwares can get it easily once your computer was infected by it.


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On 10/17/2019 at 5:19 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

 

 

Thank you for this tips! It is very helpful for us beginners to know what to do and not. Thank you for all kind crypto friend here for sharing your knowledge and share them to us. Godbless

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On 10/16/2019 at 5:19 PM, 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

 

 

The best way to protect your cryptocurrencies is to buy a portable device, a cold wallet and in that way keep them away from hakcers and bad network intensifiers, you can also write your private keys separately and thus have more confidentiality even with your cryptocurrencies, It is better to guard against common mistakes.

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thanks for sharing your valuable thought mate.. i always use online wallet for store my crypto currency mate.. i always active 2FA for double safe my wallet mate.. and never store my asset in a exchange too long cause i don't believe exchange too much cause they scammed us anytime and hacker can also hack there site.. and i always research about ico when i try to invest on them and i never listen those who give us so much greedy proposal for invest money and earn so much money...

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3 hours ago, Keith700 said:

The best way to protect your cryptocurrencies is to buy a portable device, a cold wallet and in that way keep them away from hakcers and bad network intensifiers, you can also write your private keys separately and thus have more confidentiality even with your cryptocurrencies, It is better to guard against common mistakes.

I agree with you Keith. It is better to buy those portable device to make sure that your assets are safe from hacker. The price is really cheap compare to the assets that going to lose if your wallets got hacked.

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Put on password on your wallet for those spying. Like trust wallet they provide a password interface and also avoid phishing sites

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On 10/17/2019 at 5:19 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

 

 

In able to protect your crypto you must be wise. There are some websites that are scam, they are just looking for money. So better research for the legit websites before investing your money and from that on you can make sure that your money is in good hands.

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Protecting your crypto is a need for you specially because it provides you financial support if you need it in time and also give you less hassle on earning money so you really do need it.

 

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On 11/16/2019 at 4:26 PM, ZeusBoy77 said:

I suggest just not keeping your crypto in unreliable exchanges. There are tons of good wallets like Jaxx.

I also used jaxx but as i know, android users face problem with this wallet. i will suggest the wallets which is also good fot android such as blockchain or coinbase.


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Yes, i did a mistake in the past. I stored my btc onto a popular exchange which got hacked and my all BTC is gone. So, I will suggest everybody to not store your valuable crypto in a exchange for a month or two, It's too risky IMO.       

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Protecting your crypto is very important, protecting your crypto is like securing your own money or your own investment.

Securing your own account is really important especially to yourself. Because it's your own beneficial. 

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57 minutes ago, Warrior said:

Whatever we use we need to store backup safely otherwise nothing can be restored our balance from those wallet anymore so we needs to be more safe using this

True, at least you need to make a backup about your private key, your wallet and all your important file and things about crypto. Maybe you can stored it on flashdisk or google drive.

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4 hours ago, Hanhassie said:

You cam also store in an online wallet, not all are capable of purchasing a hardware some of the software can be trusted to store your bitcoin

In the world of cryptocurrencies, security is the main element you have to take care of. if you take into account the main security rules then you can be sure that your funds are safe. But you can never be 100% sure

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oh wow! thank you for enumerating this valuable information. this would definitely be a great help so that we can secure our crypto and be cautious and responsible to protect our crypto. 

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I just always write down the secret key when creating a crypto wallet and do two-step authentication, usually this is enough to protect the wallet.

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better not to store crypto on the exchange, its reccomend save crypto on private wallet and to increase protect add 2fa and phone number and always to change the paswood wallet every month and alsways cover paswood


 

 

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I believe my account is safe beacuse it is always checked. I keep it protected so my crypto will not get stolen.

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I trust my investments on the Yobit exchange and nothing is wrong here. As for large amounts of bitcoin, the best thing is a flash drive or a proven cryptocurrency wallet. The Coinbase system is fully suitable for storing bitcoin. 

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Thank you for your information. I like to store my asset to a hardware wallet and no one should store his asset to any exchange wallet. if you store your exchange wallet you may not access it when you need your asset very much. always take more than one back up of your asset wallet.

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Appreciate it completely with the tips. The earth connected with cryptocurrencies can be quite risky in addition to most of us find out regular announcement connected with piracy in addition to sham. Many exchanger seemed to be hacked in addition to thieved purchaser dollars. Stick to this safe practices course of action

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In crypto, the scammers and the hackers are increasing badly in this situation it's hard to protect crypto where mostly newbies are victims due to they new and for the lake of knowledge.

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