This small article is specially for my fellow beginners but everyone can read; you may still learn something even as a PRO you're...
As we all are now holding or trading Bitcoin, we should not forget the fact that this is digital money. We carry our money in our hands; several wallets, exchange platforms and what have you, we login and store our money. This is cool but have you thought of the numerous risks this is associated with?
It may interest you to know that keeping your assets in Exchange platforms is not even advisable(not safe), how then do you store/keep your Bitcoins safe you may ask?
One of the best ways to protect your Bitcoin investment is to secure a wallet; physical (or "cold") wallets thay look like USB drives and act as a physical store for tokens or coins.
But not many of us can acquire this, but it's advisable to go for it if you can afford it.
Apart from the above, there are some other small but vital things you can do on your own to safeguard your Bitcoin on exchange platforms or online wallets if that is the only option and cheapest way you've got. They include but not limited to the following:
1. Be conscious of the fact that you're holding money in your hands(I.e in your devices, which is online) and that the Internet is not safe. Trust me, that's the first step.
2. Avoid clicking anyhow link you don't know what they're, especially those without https, they can be malicious.
3. Keep your recovery phrases safe and don't disclose with anyone on no condition. No customer care of this exchange platforms can request for it, only a scammer will.
4. Avoid using the account you have your assets or investment in to participate in Airdrops, most of them are fake and only trying to get into your wallet.
5. Use 2-Factor Authentication where necessary and don't disclose your password to anyone.
6. Always monitor you devices to know where and where your accounts are logged in and if they're really you.
7. Make sure you don't allow unauthorised users to the devise where your crypto wallets are logged in.
I strongly believe when you do all these as a beginner, no one can hack you not to talk of stealing your Bitcoin.
Please, let's feel free to drop more tips we have noted down, maybe from experience so we learn together and be safe. Thanks!