Cryptocurrency Cryptocurrency Cautions.


Fixxx

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Cryptocurrency represent a separate new world with big opportunities and profitability, but also with big risks.
Many of these points may seem obvious, but it's precisely due to the violation of these rules that losses occur.
  1. It's important to remember that in most cases, money in crypto is lost due to one's own inattention and carelessness. Here, you and only you are responsible for the safety of your wallet. Don't take security lightly.
  2. There is a vast amount of fraud and scam projects in crypto. Don't invest money in things you are not sure about and where you don't understand where the returns come from.
  3. Create a strong password for your crypto wallet. Use unique passwords for each wallet, exchange and service.
  4. Securely store your passwords in a safe notebook or a reliable password manager (e.g. LastPass).
  5. Set up a separate email for cryptocurrency. Google Mail works well for this purpose.
  6. Don't trust websites based on their appearance. Phishing is common in crypto. By connecting your wallet to such a site, you risk losing all your money. Carefully check the address in the browser's address bar. Don't trust search engine results, as they may also contain phishing sites.
  7. Increase your level of knowledge. If you understand little, it's easier for scammers to deceive you.
  8. Don't use unsecured networks or public Wi-Fi for cryptocurrency transactions. You may be hacked and have your money accessed.
  9. Don't keep large amounts of money on centralized exchanges. Even very large ones have gone bankrupt and collapsed.
  10. Don't use a short investment horizon. Only a balanced long-term approach can ensure a reliable outcome.
 
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