[I will be listing some ways which we can use to protect our forum account below.]

As a forum member, Dey get one thing wey we know suppose carry play which is our forum account security, people wey don Dey here before fit don sabi dis thing, but new members Dey wey just Dey join us, and dem fit no really get knowledge about this, and I Dey sure say dis post go Dey useful to both new members and old members of the forum. E no go make sense say we lose our account to hackers which at the end dem go use our account do illegal activities or scam people and spoiling our own image, so if we don join dis forum, I go recommend make we properly protect our account so that we no go lose am.

I will be listing some ways which we can use to protect our forum account below.

-Wetin we suppose first do if we Dey create forum account, na to make sure say we make use of strong password, make we no use password wey be say people go easily fit guess am.

-Make we make sure say we no leave our password for online, make we no keep am for any apps online, I know plenty people prefer make them store there password for on (Email), but e no really make sense, if anything happens to that place wey you keep your password, maybe if hackers hack am, then Dey don already get access to your password be that, and Dey go fit get access to your forum account.

-Immediately we create account on the forum here, Dey get one place wey go Dey show the E-mail wey we use create the account, e make sense if we hide the email, so that nobody go even sabi d email wey we use not to talk of say dem wan tamper with am. If person no sabi your Email e go hard for am to begin de guess password for the email wey him no know. We fit hide the email for settings (i think the default settings as you create new account de always hide our email).

-Make we make sure say we no Dey borrow people phone, or laptop to login our forum account, because if you finish Wetin you wan do, d person fit go Dey use your account for your back, and even if you logout your account, your username and password fit don save for the person phone automatically, so make we no Dey login for people phone anyhow, and make we no Dey give people our phone anyhow.

-If we Dey create forum account, make we make sure say we get separate email for am, make we no use email wey we Dey use to register for other sites, make we make sure say even the username and password Dey different, and make we make sure say we properly protect the email so that hackers no go fit hack am.

-Make we Dey always Dey careful with links wey we Dey click, and apps wey we Dey download, some of those links and apps na scammer’s get am, anything wey make you click some links hackers go get access to your phone, and Dey fit move any vital things wey Dey your phone, so don’t click links anyhow, and if we Dey download apps, make e be say na from original source we Dey get am.

-Make we try protect our forum account with google authenticator, if you wan login to your account you go need go generate code from google authenticator first which will expire after 30 seconds, so if anybody wan login to your account for your back, if dem no get access to your google authenticator, then Dey no go fit access am, so e make sense if we use am secure our forum account.

I Dey sure say dis thread go really help people on how dem go protect their forum account, and anybody wey get more things to add, then e go make sense make him drop am below, make all of us Dey learn, e no go make sense say we lose account wey we don suffer build.

[12 years don pass and people no sabi how dem go use Bitcoin or waiting e good for]

Translated Topic in Pidgin Language: 12 years don pass and people no sabi how dem go use Bitcoin or waiting e good for
Original Topic: 12 years later and people still don't know to use Bitcoin nor what it's good for
Author: GazetaBitcoin


12 years don pass since bitcoin don de. Till now, plenty people no get idea on how dem de use bitcoin, or Wetin bitcoin de good for. Plenty people de make combination again d nature, dem de use bitcoin together with our bank and centralized exchanges, de no get knowledge about its libertarian and crypto-anarchic grounds. De no sabi say bitcoin de here to help us invade d slavery wey governs and banks de force dem to, people de do everything wey dem fit do to enslaves themselves, de come make am easy for elites wey de oppress dem for thousands of years.

12 years ago Satoshi carry better tool come for humanity, tool wey don set dem free. Make we see how him de describe his invention:

A purely peer-to-peer version of electronic cash wey go allow make we make payments online wey we go send directly from one party to another and e no go pass through any institution.


Commerce for d internet don come to rely almost exclusively on financial institutions wey de serve as trusted third parties to process electronic payments. D system de work well for most transactions, e still de suffer from d inherent weakness of d trust based model.
If u don make transactions u no fit reverse am, since financial institutions no fit avoid mediating disputes. D amount for mediation de increase d transaction costs, and e de limit d minimum practical transaction size and e de cut off d possibility for small casual transactions, and there is a broader cost in d loss of ability to make non-reversible payments for non-reversible services. With d possibility of reversal, d need for trust spreads.

[…]

Wetin be d things wey we go need for electronic payment system based on cryptographic proof instead of trust, e de allow any two willing parties to de transact directly with each other and de no go need  any trusted third party. Transactions wey don de computationally impractical to reverse e go protect sellers from fraud […]

E don offer us method wey go make people fit transact directly, peer-to-peer, e de avoid any third party, no matter Wetin be d name - govern, bank or other person wey go de middle.

Satoshi carry bitcoin come and him give am out for free, for helping people get financial freedom, but people, in return, invested centralized exchanges, “helping” themselves to remain miserable slaves. Dis one na something wey remind me of other memorable scientific inventions, wey dem do to help people, but as dem create d inventions other showed up de come weaponized dem. Apparently, if any entity no de to harm them, we people de always choose on our own to harm ourselves.


If u don read dis finish, some people fit ask: “Wetin de wrong with using centralized exchanges? Na dem de keep money for me and I fit get my money whenever I like and I fit do anything wey I want with dem!”.

D last sentence na monumental lie. Na oxymoron, e mean say na expression Wey denies itself. E be like say I de talk say “I dey smoke in a healthy manner”.

D wey people de greed never get any limit. Bitcoin appeared for liberating dem, de only understand say bitcoin de there to make dem get money. Na d greed de determined people to invent d centralized exchanges. Instead wey dem go use bitcoin between dem, in peer-to-peer transactions. De get fact wey go render traditional money and governs as irrelevant, people don create an abomination meant to centralize something wey dem born decentralized.

Some people dey sharp pass others, but dem also de greedy, and de take advantage of their knowledge and d others’ greed for creating dis their centralized exchanges, where people de rush to deposit their money - which, since de don deposit am, e don turn exchange’s money. Individuals believe say dem go rich, de know no say dem de lose for all directions. D de very dramatic, as de no lose only money, but way more…

Wetin go de wey pass money? Dem de lose their personal information - that gift wey dem receive at d birth wey remain personal only if individual no want make e de personal again. And if de don reveal d personal information, e no go ever turn personal again. How many don ask themselves “Wetin be personal?”. As greed blinded them, dem de hope say de go get profits and de go become rich over night, people run happily go meet centralized exchanges, sparing no effort for having accepted their requests for opening accounts. E mean say de carry all their personal information give exchanges. Some exchanges de give dem free 5-10-20$ to people wey de create accounts with dem. U don reason before y d exchanges de give dis kin free money? U don tell urself before say “d exchanges de honored to have me as a customer, that’s why”? I no de sure. Dat money wey d exchange give u for free na nothing to dem, as dem go get back plenty money from d clients. Dem de talk say if something na free, na u be d merchandise. Like on Facebook. In d case of exchanges, d situation de worst: if dem de pay u to become a customer, reason d worst thing wey fit happen to u!

Wetin be d highest bad thing wey fit happen?

First of all, exchange no de ever lose money. House de always win. And na customers de Always lose. Users de always de happy if de see say bitcoin de pump, thinking de go earn some profits. Dem de always feel bad if de see say bitcoin price de crash, because dem de lose money. Plenty people sell their bitcoin even if de know say dem de at lose, but dem de sell am so that de no go lose more money. Dey know say as long as de keep their money for BTC their money go remain there de no go lose. And Wetin exchange de even do? De win when bitcoin soars, as de earn fees from d users. Dem de earn if BTC value de go down, as dem de receive fess now also. Anytime wey people commot money from d exchange, dem de lose more money. And we never even talk about d network fees, but d exchange’s fees. In other words, people de always contribute to d benefit of exchanges and also to their very own poverty. Besides, how many of us don notice how d biggest exchanges, like Coinbase or Binance, always encounter "technical outages", shutting down their platforms Since d time wey BTC dey dump reach time wey e de pump? Can it be a coincidence that each substantial price change, an outage shuts down d exchanges till dem see say price don come back to its previous value? D reasons wey d exchanges’ spokepersons de give de very pathetic and ridiculous. E de vivid clear that, since dis shitty moves don de happen for years, d exchanges decide to shut down in that particular moments, thus people no go get profit if BTC soars too much and limiting dem to buy BTC if d price plunges.

Second of all, as I de talk for d post wey de up, people de lose their personal information and na dem de carry themselves pass d dangerous process, wey dem de call KYC. Nothing consign d exchange about their customers or about their customers personal information. All Wetin dem want na more money. De can be hacked by hackers, which besides stealing money, de fit also steal customers personal information, wey de fit even turn to more money, most especially if dem sell d information on Dark Net. A CNBC article describes how those hackers de sell personal information for 1$ a piece (Dis information consisting, among others, de go sell d physical address of where d customer de stay, their credit / debit cards, copies of their IDs etc.): Hackers de sell ur data on d ‘dark web’... for only $1. A notorious similar case from d forum is D case of the Romanian bekli23, which, him de pretend say him de decrypt old BTC wallets, him be de ask people make dem send picture’s wey dem de hold their IDs and other bills for hand. Obviously, him no de decrypt any wallet na lie, him just de use style de collect people personal information, most likely, him de sell am for Dark Net, for as low as 1$ per piece!

For some cases, d exchanges na dem de sell customers’ personal information! And no be say na small, shady exchanges, we de talk about big exchanges. Coinbase na one of d biggest exchanges, and de don catch dem before wey dem de sell customers personal data! A 2019 article, Coinbase Admits Its Former Data Provider Sold Client Data, describes how Christine Sandler, one of d exchange’s executive, e admitted that d company sold d users’ personal information. Him get dis example, you think say other exchanges no de do the same thing? Na just because de never catch dem yet?

Third of all, exchanges offer users’ personal information directly to d authorities. Were u de reason say d govern no go sabi about u and ur finances - at least ur crypto transactions (considering that de know anyway all ur transactions with fiat money)? By using centralized exchanges, e de certain say d govern go put eye for u! Again, example involving Coinbase: a Forbes article, Coinbase Notifies Customers That It Will Turn Over Court-Ordered Data, e shows how exchanges de give people private information to IRS. No reason say na a singular case. Those practices are done by all exchanges, no matter d country.

Fourth of all, a centralized exchange no de give their customers private key, e mean say their customers no get access to d tool wey go allow dem control their own money. Na exchange de hold d private key to d exchanges, thus d users accept dem de cease d right of ownership over their money whenever de deposit to exchanges. Regarding dis situation, d Bitcoin evangelist Andreas Antonopulos used d expression “No be ur keys, No be ur Bitcoin”. Him even make things more clear, in a lawsuit against Coinbase ( dis exchange seems to be d most negative example), D accuser been lose d trial and d judge decided  Not Your Keys, Not Your Bitcoin.

Fifth of all, Hackers fit hack exchanges ( u don lose ur money be that).

Sixth of all, exchanges fit talk say u go against their rules make dem freeze ur accounts any moments (and u go lose all ur money).

Seventh of all, exchanges can exit scam (and u go lose all ur money).

Na d reason y u suppose avoid centralized exchange be that. Na y we no suppose use bitcoin together with such monsters, which dem de only work just to prejudice of d customers! Na how d customers of centralized exchanges de lose money their money no d operation wey dem de plan do. And dis is how, besides money, de also lose their personal information, risking to have it stolen by bad actors, facts wey exposes dem to monumental risks: if all those criminals just get access to person personal details, de fit pay him a “visit”, de fit attack am, de fit enter him house, de fit steal things wey him get and de fit threaten to kill am!


People’s greed no get limit and, although d above examples should suffice and convince anyone make dem run commot for centralized exchanges, e still no de happen. People no just limit am to d abomination of using centralized exchanges; de carry d absurd to d moon, and used Bitcoin in an even more grotesque combination, by involving also d bank for d financial transaction! Meaning dem de involve trusted third parties wey Satoshi wan carry commot by force for d system. D man fight well to damage himself as much as possible, by combining  Bitcoin with d exchanges and also with banks.

Similar as above, after u don read this finish, some go ask: “Wetin de wrong with make we de use bank? De go help me keep my money at my disposal and I go fit do anything wey I want with them!”.

Again, d last sentence na monumental lie.

First of all, banks no de hold ur money for u, dem de use am find more money for themselves. Dem de keep small for reserve but, plenty times, de no de even hold that fraction. Dis details was also observed by Satoshi and e fit represent another reason wey ginger am to create Bitcoin.

D central bank must be trusted not to debate d currency, but d history of fiat currency don full with breaches of that trust. Banks must be trusted to hold our money and de go help us transfer am electronically, but dem de borrow am out in waves of credit bubbles and de fit no even leave small for reserve. We suppose trust them with our privacy, trust them not to allow thieves wipe all d money wey de our account commot.

Second of all, banks no dey allow their customers use their money d way dem like. If de deposit money Wey plenty (d one wey plenty pass d money wey u de deposit before), d banks fit put leg for ur account dey go freeze am, de go come force d customer make him justify where dem see that kin big money from. D same thing de happen if customers receive big money like that. People wey de believe say de fit use their money anyhow dey very wrong. D same thing with centralized exchanges, if their customer don deposit money to d bank, de don give bank full control over d money be that.

Third of all, banks fit carry their customers give authorities. And again: If transaction wey dem do no de clear for d bank eye, normally na transaction wey involve big money, den banks no go just put leg for d account alone, de go involve authorities also. And, for dis matter, Wetin d customer go face go even worst, de go force am make him justify d money for front of d authorities!

Of course, if d customer no fit defend where him get d money from, then d money don go be that. Banks act like long arms of d govern and de no care about their customers; d only thing wey de care about na how dem go grow their own money, while keeping a good relationship with d govern.

Fourth of all, banks fit reject transactions wey their customers do, as de want, or base on d Terms and Conditions, which go represent a document wey customer sign, but no customer dey read that kin plenty things wey dem de write when customers de open account. And, as plenty banks no too like crypto, crypto users de very exposed.

Fifth of all, some people de use services wey some financial institutions de provide like Revolut, dem go de think say dem de own crypto. For real life, de no own even 1 Satoshi! Na because Revolut no de allow anybody own any crypto, but of CFDs. De sell u d illusion that ur own crypto, but u don’t. Na d same thing de happen to eToro.

Sixth of all, E dey similar to centralized exchanges, bank customers go lose money in all possible ways: de go pay to open account, de go pay money to deposit, de go pay money to commot money, de go pay to transfer money, de go pay money to check d money wey remain for account, de go pay for administration of d accounts, de go pay to collect credit / debit card and other things like that.

Seventh of all, banks fit go bankrupt also, de fit exit scam and de fit loose customers personal information. But all dis cases no be always compare to crypto exchanges, but all those things fit still happen. De don happen before and de go still happen later again.

And, if u de reason say Wetin I de talk since no de right, d picture wey I go provide below show how one of Romania’s biggest bank treats its customers:

Photo source: Facebook

Translated In English, e mean say:

Within d business relation wey d bank get with his customers, d bank is forced to follow d laws related to knowing their clients wey d purpose na to prevent and fight money laundering, sponsoring terrorism and to follow d General Business Conditions (GBC) for d entire customers portfolio.

According to GBC, to d regulation 2/2019 of National Bank of Romania and d law 129/2019, na d customer responsibility to provide d Bank all d documents wey dem ask for, wey dem need all those documents for verification and clarification of d purpose and d nature of d recorded transactions. Through dis documents, we go allow u know that, as we don analyze d transaction wey happen for ur account, we decided d typology of dis transactions don break art. 23.1 from GBC, which states d following: “in case d bank see some potential risks or some requests coerced by financial institutions implied in banking operations, d bank reserves its right to reject some transactions wey de connected to some services like gambling, acquisition of pornographic services (including to de videochat or similar services), buying of weapons/munition without complying with d conditions stated by d law, transactions wey involve cryptocurrencies.”

For below u go fit read  how d customer of d bank wey de up take react. U fit laugh, but de suppose carry d matter serious:

Photo source: Facebook

Translated In English, e mean say:

Subject: justification signed by […] in order to explain Wetin I de do with my own money

I […] being a customer of d bank, I sign d present document being forced by d Bank, wey invokes some internal regulations wey no dey against me, in order to coerce me to justify in front of d Bank Wetin I de do with my money.

Given d fact say na summer time and na time for vacation, considering say na post-quarantine period, I wan just have plenty fun. For doing so, I wan travel go Holland, where Ashawo business de LEGAL, so that I go fit nack some whores. Most likely, if I dey road de go Holland, I go do the same thing for Austria and Germany.
Then, if I don de Holland, given d fact say drugs de LEGAL, I get am for mind to smoke some weed and hashish, but I go try some shrooms.
I hear say dem get better weed cakes for Holland, and I go recommend am make u try am, maybe u go wake up and u no go force people make dem sign any rubbish papers again, base on stupid procedures, in order to justify to u Wetin dem de do with their own money.
Obviously, if I no go get toilet paper, given d fact say I get plenty money, maybe I’ll fancy and clean my yansh with a few hundreds of euros, like rich people de do.
D money wey remain na to de borrow my friends and making useless expenditures, wey I go regret later.

All d things wey de up suppose make all of us de reason about make we de use Bitcoin together with centralized exchanges and banks. Beware! U go just harm urself maybe u go vex irrecoverable prejudices. Make I also talk about Mt. Gox exchange, wey lost  850.000 BTC Make I also talk about dozen (hundreds?) of exchanges wey de don hack and customers wey don lose money? Make I mention thousands of cases when banks don freeze customers’ accounts? Make I mention how many people de don threaten to kill, how many de don blackmailed, how any were extorted, how many hackers don force to pay them ransom, after hackers don get personal information finish?

Sha u wan live that kin life? If u no want, den stop using bitcoin together with centralized exchanges and banks! Make u de use crypto cash-in / cash-out ATMs, wey go offer u anonymity. Make u use decentralized exchanges, wey no de hold even small customer money and act just to connect d users one with each other. Make u use peer-to-peer transfer. Use crypto wallets which have embedded anonymous exchanges, wey go allow u change cryptocurrency with each other. Make u use any style preserve ur anonymity and financial privacy. Na for ur own good.


Dis essay na part of my educational articles. I recommend all of u make u read d following essays:

- De dream of Cypherpunks, libertarians and crypto-anarchists
- Governs dey come 4 traders!
- Cryptocurrency nd digital money Palava by di state
- De Crypto Anarchist Manifesto - Make all of us read am
- Govern try to limit de public to access of information and freedom long long time ago
- Wetin Phil Zimmermann's Dey Reason about PGP  - Make all of us read am
- When d govern wants to hold your private keys
- De call for Julian Assange || De WikiLeaks Manifesto - Make all of us read

I just received this information for my gmail, and e dey KuCoin website also. I dey sure say e go dey useful to all of us wey dey dis board na why I say make I drop am here. KuCoin talk say then go make kyc mandatory for new members wey just dey create account with them, so if you be new member you go need complete your verification before you go fit dey use your account, no be like before wey you no need submit any documents before you go fit use KuCoin. Also old accounts wey register before 15 July go need complete their kyc also, if you no submit your documents, then plenty things go dey wey u no go fit do. So incase if we never complete our kyc and we get money for our KuCoin, make we do am now to avoid unnecessary story, and if you see say you no fit submit your document, then make we move our money commot for d exchange.



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[Click on Account related settings.]

I don’t know if this is the appropriate section to talk about this, but am sure the post will also be useful to be newbie’s in the forum here. Am sure scammers are also on the forum here which are looking for every opportunity just to steal from us, the forum is doing everything possible to fight scammers here, and all the high rank members are trying their possible best. I just noticed something recently and I decided to share it here and  am sure lot’s of people will really benefit from it.

After creating forum account here, some of us do make mistake of leaving our email public, some people don’t really know about this so after creating account, they just start using it without changing email visibility to private. Some people’s email address is not properly protected so immediately scammers have access to your email address, they can easily compromise your email address and they will compromise everything linked to the email address including your forum account, and you will be losing your account to scammer. Just imagine scammer using your account for illegal things, they are spoiling your reputation on the forum here and some might endup selling the account to other people. I think it’s better we all take preventive measures so that we won’t fall victim .

Am sure some people don’t know about how to hide email address from public, I will be providing short steps on how to do that so that we will all be free from hackers.

Click on Account related settings.


You will see(Hide email address from public?), click on the box at the front.

Most people wey dey use binance exchange wallet address receive payment from anywhere, some of us don copy wallet address to each coin  keep and incase if anybody wan send coin to use, we no dey go copy am from binance directly again, we go just paste the one wey we don copy keep before give the person. I just received notification now from binance say some wallet address go expire, which means they go replace the wallet address to some coins, after dey don change the wallet address, if you do mistake send coin to the old wallet you fit lose your coin. Make we all dey careful now, if you no they go copy wallet address directly if you wan receive coin from binance, e go make sense make you go dey confirm the wallet address first. I go drop image below so that we go all see the wallets wey they talk say e go expire.

This is just a very quick advice from me to my fellow newbies that are joining the forum, I received a message recently on telegram which the member told me he saw my posts on the forum, the person was advertising to me if am going to purchase a Bitcointalk account, I was surprise because I was shocked seeing that kind of message, after few conversation i immediately deleted and blocked the accounts, I made a mistake of deleting our chat I will have posted our conversation here.

I know it’s discouraged to purchase a forum account, which am sure some newbies that are really desperate to rank up might endup going for things like that, if you are in the forum, just keep on making meaningful contributions and am sure you are going to get your merit and rank up, you don’t have to buy account because you want to rank up. If you purchase a account here, sooner or later in the future you will be exposed and your account will be tagged, it’s better you start building your account from the scratch, keep on making positive impact on the forum and am very sure you are going to get your merits and rank up.

I know the seller will want to brainwash newbies just to purchase account from him, he will want to prove to them that they are safe after purchasing the account but don’t be deceived, immediately you pay him and he hands over the account details to you, even if the account is tagged that same day that’s non of his business. Also some of them will collect money from you, they won’t  give you any account details and you will never hear from them again. I will say it once again, newbies should avoid buying of forum account.

How time flies i remember times that cars disappeared with no trace and many have suffered heartbreak due to car theft, now that car can be tracked is another great achievement that have help reduce car theft in our time, a portal have been created recently by Nigeria police force, Central Motor Registry Information System (CMRIS) is a new development by the Nigeria Police Force to help improve investigation of car theft, all what you have to do is register on the website which I will be dropping the link below, incase if your car is stolen, you don’t have to visit any police station before you can report the incident and police force will start investigation on how to get your vehicle back for you. It’s a really nice idea but we all know Nigeria police how lazy they are, all they know is just bribery, I don’t really think the website will really be functional.
I will be providing steps on how to register on the site below.
Website link; https://cmris.npf.gov.ng/

- click one Get started.
- Create a account by using either National identity number or Driver's License.
- if your profile is available, then login using your details.
-CMR Request: Select a Request, then Select a Sub Request.
-Provide all the necessary vehicle details requested.
- click on next.
-you will have to confirm how accurate your car details are.
-press proceed button
- make payment.
-Details will be sent to the phone number provided during registration.
Website link; https://cmris.npf.gov.ng/

Lots of people that know am into bitcoin investment in my society always come to meet me and they have been complaining to me that they didn’t get to know about bitcoin early, most of them wants to invest in bitcoin but they believe the price is already high and incase if the invest now, it’s just waste of time because the won’t really be making much profits again, most of them decided to invest in other things why some of them decide to invest in altcoins(which is very risky).

I know bitcoin price has gone up compare to the price it was around 10 years ago, people that bought bitcoin years ago will definitely be in good profit currently, and am sure if they keep on holding their profits will keep on increasing because I believe bitcoin price is still low. If you are planning to invest in bitcoin and you have been thinking the price is high already, then you are wrong, I believe bitcoin price is still low and this is another great opportunity to invest in bitcoin, if you can HODL for long term then bitcoin price is still going to pump hard in the future, we shouldn’t lose another opportunity this time by not investing in bitcoin, so that you won’t endup regretting later in future why you didn’t invest now, to me bitcoin price is still low but if you are investing, you should be ready to HODL for long period of time.
I will be showing the chat which shows bitcoin price history since 2010 to 2022, then you will know bitcoin is still going to pump hard.



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[Don’t invest what u can’t really afford to lose;]

I've noticed that newcomers to the cryptocurrency market tend to invest blindly, which is why most of them ultimately end up losing money or making no profit at all. As a result, they label bitcoin and other cryptocurrencies as scams without realizing that the issue is actually from them. There are some fundamental concepts we need to understand before investing in cryptocurrency, which i will be mentioning few in my post.

1, Don’t invest what u can’t really afford to lose; In cryptocurrency don’t just invest blindly, or don’t invest due to what you hear from people about cryptocurrency, lots of people will tell you they are making money from cryptocurrency investment which will encourage you to invest all your money there. If you are investing, you don’t have to invest all your money or even sell your properties or take loan because you want to invest, in cryptocurrency anything can happen so always make sure you invest any amount you can afford to lose, don’t be deceived by what you hear people say on the internet, most people you meet on the internet will only show you their profit when they are winning and they will keep their losses to themselves.

2, Keep the long term in mind; Crypto space is not a place where you think you can just come and make easy and fast money, crypto space is not a Ponzi scheme when you will be promised high return in short period of time without any risk. If you are planning to invest in cryptocurrency, you should always have it in mind that you are investing for long period of time, you should be ready to HODL your coin for long period of time if you are expecting a maximum profit. Also i don’t think you can lose your money if you invest in bitcoin and you are ready to hold for long term.

3, Secure your key; Before you starting investing in cryptocurrency, you should take your time to learn about wallet Security and how to secure your private key, if you can’t secure your wallet, then you might endup losing all your investments. If you are not in control of your key, then the coin those not belong to you, make sure you don’t leave your crypto assets on any exchange, because the exchange will be the one controlling your assets, and you can easily lose your assets if anything happens to the exchange, the exchange can decide to freeze your assets at an moment’s. make sure your crypto assets is store on a non custodial wallet and make sure your key is stored properly. Make sure you store your key in a place where nobody can have access to it, anyone that have access to your key can easily send out all your assets without you knowing. One of the best way to secure your private key is by carving it on a metal steel and hiding it, it can’t be damaged either by water or by fire.

4, Do your own research before investing; Newbies in cryptocurrency recently don’t really known much about cryptocurrency, they are just desperate to invest because they heard people making money from cryptocurrency, if you are planning to join cryptocurrency, you should make sure you do your research first and know the basics of what you are planning to invest in. When you are planning to purchase any coin, make sure you do your research first, don’t invest due to the hype on the coin, don’t invest because your friend ask you to invest or because people ask you to invest in it, invest in it because you believe it worth investing in.

5, Pick a Good Crypto Exchange; We are  having lots of exchange’s recently but some of them are scam exchange and some are having low reputation, you don’t have to risk your money trading in  exchange with low reputation no matter the attractive offers they are having, if you are going to be trading make sure you are making use of exchange with reputation to  be at a safer side. You can visit CoinGecko  or to see rank of crypto exchanges and their trading volume.(https://www.coingecko.com/)

[1, Phishing scams;]

We need to be very careful when it comes to cryptocurrencies because there are a lot of scammers out there looking for ways to defraud us, and the majority of them always target newcomers because they think they are very simple to persuade and because they are unfamiliar with the cryptocurrency space, they don't really have much experience about security which makes it easy for scammers to easily brainwash them. That is why I put together the list because I think it will be helpful for the majority of newcomers just joining the forum.

1, Phishing scams; we all have to be careful because this is a common cryptocurrency scam but newbies are the ones that mostly fall for this kind of scam. Scammers always look for ways to get personal information, they do end up sending emails to people or sending personal messages to people which contain a harmful links. So make sure you don’t trust anyone on social media, don’t click on any link you receive through email or any social media account, be careful with the websites you are visiting and always try your possible best not to connect your wallet address to anyhow website.

2, Giveaway Scams; most newbies believe cryptocurrency space is where they can easily make free money, but I will tell you there is no free money in crypto, any money you are making you have to work for it. You might receive a random message telling you they are running a giveaway, any amount you send to them, they multiply for you in a few minutes or hours. Don’t be surprised if you receive this kind of message from an influential person on social media, the user’s account might have been compromised. No one will offer to double your money for you in the crypto space, so we all have to be very careful.

3, Fake Crypto Exchanges; we are having multiple crypto exchanges currently but some of them are fake when making use of crypto exchange, make sure you are using a reputable exchange, most of this those crypto exchanges are always offering  Bonuses just to attract customers, immediately you make a deposit to the exchange, the coin you send might not reflect or whenever you want to make a withdrawal, you might not be able to withdraw. So when using crypto exchange, make sure you go for reputable crypto exchange and avoid unrecognized exchanges even if they are offering attractive bonuses.

4, Fake Apps; lots of people have lost their crypto assets just because they downloaded fake crypto apps, we have seen lots of fake crypto apps that have been reported on the forum. If you are downloading any crypto app, make sure you get the link to the app from the official website don’t trust most of the applications you see on the Google play store. So make sure you confirm if you are downloading the right application whenever you want to download any application.

5, Fake crypto website; lots of people fall for this scam, most people don’t really take note of the website they are visiting, we have to be careful when visiting any website, scammers are always creating fake crypto websites similar to the original website, which if you don’t know you will think it’s the real website that you want to visit, the similarity is always much but there is always little difference in the domain name, they always make sure the website is very real.