But there are several things you can do differently from Alexander to not get yourself in a similar situation:
- Don't hold your crypto in hot wallets. Especially not on devices you use for everyday activities. If Alexander's crypto had been in a hardware wallet, an airgapped computer, or a second computer he only uses for crypto, this could have been avoided. There is no reason to hold $1 million worth of crypto on an internet-connected device when there are safer options around.
About $1M fund and store it in hot wallets, it's pretty stupid and very careless. With fund like $5,000 or $10,000, I think it's big enough for having a hardware wallet as you can get more benefit and safety with it than saving some hundreds of dollars with risk of losing all money you have.
Additionally, for daily actitivies, especially interaction with strangers or explore new websites, new projects, new applications, use a device that does not store any wallet or log in your exchange accounts.
This loss reminds me about Luke Dashjr developer who is a senior Bitcoin developer, a forum staff, but too careless and lost his bitcoins.
Bitcoin developer @lukedashjr's wallet was hacked.