Post
Topic
Board Beginners & Help
Re: Most underrated tip to avoid losing Bitcoin: stop being lazy!
by
Husires
on 16/06/2023, 09:46:35 UTC
What is happening with people? This is the second topic that I read about the terms of use. It is good that I read the expiration date of food products before eating them, let alone reading more than 10,000 words, conditions and regulations, even lawyers do not read them.

I has to divide your questions into two parts, part A related to user privacy and a small percentage of his coins, which is represented in reading the terms of use, and part B that may mean that you will lose your money, such as checking downloads before executing files or storing your seed safely and backups for it.

A:
I'll ask you some questions.
  • When you're registering on a centralized exchange, are you reading their Terms and Conditions? What about their Privacy Policy?
  • When your favorite centralized exchange sends you an e-mail about updated Terms and Conditions, do you take your time to read the update?
The behavior is not supposed to be the same in both matters, and a person can act negligently in reading the terms of use, but he must be careful in seed backups, because in the end it is only 12 words.

B:
I'll ask you some questions.
  • When you're downloading software like Electrum or Trust Wallet, are you verifying the downloads before executing files or installing?
  • Did you ever thoroughly, properly plan a way of storing your seed safely and backups for it?