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Scraped on 14/06/2025, 13:19:41 UTC
I am new to Bitcoin and have realized that everyone is more experienced and has a better mindset than me.
I have learned some basics,
Now my question is -
How to keep the cricket safe?
I am interested in learning more as your brief words can help me move forward,
Thank you!
Welcome aboard. It is actually a good thing that you are asking how to keep your crypto safe, cos security is nt something that you will want to find out in the hard way.

Alright the first thing to note is that it is not 100% safe to keep your asets in an exchange for too long. One thing about exchanges is that it can easily get hacked by scammers, or influenced easily by government policies. We have seen cases of exchanges like FTX which goes bankrupt and ceased operations which affected so many of its users especially those who had their lifetime investment store d in the exchange. Always transfer your crypto assets to a non custodian wallet( it's more safer)

Secondly, do not ever consider storing your seed phrase on your phone.
This is because your phone can easily be hacked, monitored or even stolen and when something like this hapens it is very difficult to have access to the stored assets in your wallett. Always store your assets offline- you can write it on the wall of your room and at the same time write it in your diary. The reason for this is that your seedphrase is your key and once it's misplaced to be sincere it's a very big problem most especially if all your savings are stashed in that wallet.  Your seedphrase is personal it shouldnt be given or told to another person, one has to be very cautious in the crypto space.

And lastly no matter the level you have attain in crypto always see yourself as a learner and what are the qualities of a leaarner? A goodlearner will always have a teacher/mentor, a learner always asks questions, a learner always read and make detailed research to better his/her knowledge.

Original archived Re: How to keep crypto safe?
Scraped on 14/06/2025, 13:14:57 UTC
I am new to Bitcoin and have realized that everyone is more experienced and has a better mindset than me.
I have learned some basics,
Now my question is -
How to keep the cricket safe?
I am interested in learning more as your brief words can help me move forward,
Thank you!
Welcome aboard. It is actually a good thing that you are asking how to keep your crypto safe, cos security is nt something that you will want to find out in the hard way.

Alright the first thing to note is that it is not 100% safe to keep your asets in an exchange for too long. One thing about exchanges is that it can easily get hacked by scammers, or influenced easily by government policies. We have seen cases of exchanges like FTX which goes bankrupt and ceased operations which affected so many of its users especially those who had their lifetime investment store d in the exchange. Always transfer your crypto assets to a non custodian wallet( it's more safer)

Secondly, do not ever consider storing your seed phrase on your phone. This is because your phone can easily be hacked, monitored or even stolen and when something like this hapens it is very difficult to have access to the stored assets in your wallett. Always store your assets offline- you can write it on the wall of your room and at the same time write it in your diary. The reason for this is that your seedphrase is your key and once it's misplaced to be sincere it's a very big problem most especially if all your savings are stashed in that wallet.  Your seedphrase is personal it shouldnt be given or told to another person, one has to be very cautious in the crypto space.

And lastly no matter the level you have attain in crypto always see yourself as a learner and what are the qualities of a leaarner? A goodlearner will always have a teacher/mentor, a learner always asks questions, a learner always read and make detailed research to better his/her knowledge.