How to stay safe in Crypto — do's and don'ts in personal crypto security.
I've been a coder and product developer for over ten years and have been in Crypto even longer. I have never been hacked, drained, or compromised.
Yes, I have been the victim of some scammers — slightly.
But that had nothing to do with my security practices but misplaced trust in so-called "friends."
This thread is about security in Crypto because I have seen it repeatedly: fear and doubt about the most essential things.
You need to know what is dangerous and what is not. So I will try to help you with that.
First, let's talk about basic security on a computer.
I’ve created an easy to consume News Summary of the last 24h in crypto.
Headlines first, then a summary to each headline in thread format.
Keep reading to find out what happened in crypto 💜
- Anchorage Digital to support liquid ether staking
- P2P org expands staking services with TON Integration
- Austin Federa leaves Solana Foundation to launch new protocol
- BIT Mining saw 3x profits mining DOGE, LTC instead of just Bitcoin
- Crypto founders take up nearly a third of Forbes 30 Under 30 in finance
Dear Projects that "still wait for better market conditions".
Bitcoin just broke through $100k
Are the bad market conditions in a room with us right now?
"I've turned $200 into six figures easily".
Everyone who's telling you stuff like this is probably full of shit.
Show receipts. We are in a bull; everyone is a genius in a bull market.
But SOMEHOW, after the bull is over, there are a lot of broke people who "made millions".
Do not believe everything you read. 80% plus are larping, 15% are lucky.
In the end, 95% of people end with less than they started with.
And 95% is an understatement.
Do not become too greedy. I know it's not a popular view, but it's one you need to hear.
Calm down, DCA, manage your portfolio responsibly, book profits, and remember your tax obligations.
That's how you keep your money