Dear everyone,
Today i would like to share my experiences for those begin crypto. There are 5 basis rules to avoid scam:
- Rule 1: Setup strong password for all your accounts and dont use same password for all. You should write all your password into paper and carefully keep your password to safety place.
- Rule 2: allway check twice when you make the transactions. You should only copy the adress or scan the QR code when you fill the deposit address.
- Rule 3: You should use offline hardware wallet for long-term holding. You also consider use a separate ubuntu computer only for transaction.
- Rule 4: Double check all websites related to crypto. You will avoid the fake website by this way. I suguest you bookmark all trusted websites and also use Metamask extention for avoiding fake MEW.
- Rule 5: Dont download any high risk file to your computer and also use antivirus sorfware.
This is my experiences which i have learned from the others and internet. I hope 5 rules helpful for newbie. If you have any idea, please drop here! We discuss together!
Thank for reading.
I have several tips to help:
1. Always verify a Web wallets address, and dont follow links to an Internet bank or Web wallet.
2. Before sending, double-check the recipients address (at least check the first and last characters), the amount being sent, and the size of the associated fee.
3. Write down a mnemonic phrase that allows you to recover a cryptowallet if you lose it or forget your password.
4. Keep a cool head and make informed decisions when crypto-investing, and dont panic or hurry.
5. Always remember that crypto-investment is very risky. Do not invest more than youre ready to lose at any moment. Diversify your investments.
6. Use cryptocurrency hardware wallets.
7. Run high-quality antivirus protection to protect the devices you use to access cryptowallets, trade on crypto-exchanges, and so on.