Post
Topic
Board Bitcoin Discussion
Re: Share your top mistakes in crypto - learning from others experiences!
by
Strongkored
on 13/05/2024, 06:40:26 UTC
Share your top 1-5x most important mistakes you made during your journey in crypto that you won't make again and have brought you closer to success. I think we can learn a lot from the mistakes made by others.
One of my mistakes and it could be the biggest was saving assets in an online wallet which currently has a value of up to $80K and the wallet is down, and secondly lending assets to someone who is only known online.
Storing assets in CEX which is often considered a wallet is a mistake and in my opinion, this is the same as trusting someone we only know through the online world to store assets, whoever the developer and owner of their exchange should still not be trusted as a safe place to store our assets. Moreover, nowadays there are many hardware and software wallets available, we just need to learn which ones are the most trustworthy.