Be smart with your crypto safety

[sokani]

I would also usually advise anyone to do offline storage as you said, and also suggest to keep electronic backups using a device that is rarely used to connect to anything.

Storing the seed phrase electronically is not good. If your device gets compromised by an infostealer, you will lose your funds.

But recently I just saw someone who was able to store his seedphrase by remembering it in his head, and it was quite challenging, I have tried to do it but have not succeeded, maybe I will try harder to be able to do it, and I think this method should be done by everyone who feels capable of doing it.

Memorizing the seed phrase is not good either. If you had a severe illness or an accident, it could lead to memory loss and thus, the loss of your funds. Write your seed phrase on a clean piece of paper or crest it on metallic steel and keep it somewhere safe.

[Sticky Bomb]

Scammers are coming with different approaches to scam their victims, and most of their targets are always crypto holders since it's easy to seamlessly transact. Holders just have to be extremely careful in order to survive any means they try to use to steal from us. The first thing I normally advise people is not to easily trust anyone they meet online, as that's most times the first step they use to gain access to whatever they want from your gadgets.

This is the most distressful part, as technology is evolving, their scam approaches are upgrading too. Gone are the days scam is easy to detect, now it feels so much like real. They target crypto holders because of the decentralization there in. Beyond being careful, holders must always put up privacy practices, like knowing who you should have crypto discussions with and never in any way admit being a holder or flash the worth of your coins on social media or to friends in a discussion since we barely know who is really for us and those against us in recent times.

[Hazink]

…They target crypto holders because of the decentralization there in. Beyond being careful, holders must always put up privacy practices, like knowing who you should have crypto discussions with and never in any way admit being a holder or flash the worth of your coins on social media or to friends in a discussion since we barely know who is really for us and those against us in recent times.

Sometimes the target comes directly from those who know you, like the frequent kidnapping and adoption cases that were happening in Paris and spreading all over the media. If it's being checked deep down, they became targets due to their publicity; either they themselves became targets or their relatives did.

In cases where you are fully involved in a crypto development project and your company is known, there is no way you can hide from the public that you own and hold it. The best thing to do in such a situation is to be security conscious because there will always be a target on your back and that of those who are close to you.

[AGogi2003]

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Op you are right, many crypto beginners did not know what crypto currency is before they started investing into crypto currency. Buying any of the crypto currency is easy but holdimg is and keeping it save is not easy. Crypto newbies do not know how to safe keep their crypto currency that's why they become victims to scammers. However, knowing what crypto to invest into and how to safeguard it is the main thing to learn. After that you don't have to continue clicking on random links because that's the easiest way to get scammed.

That is what some investors are facing, they don't know how to keep there crypto safe in the wallet, they think is normal thing like back account that even you lot your private key you can retrieve your wallet. Newbie need to be very careful when saving there coin in the wallet they need to look for a legit wallet to keep there coin safe to avoid scam. This season scammers have full everyone looking for who to scam in the market, because technology is advancing everyday you need to be very careful to know with link you are opening on your phone or platform that you are accessing in the Internet, and who you are telling about your bitcoin investment, because some people that you told about your coin are the people will try to steal your coins, try to know with of your family you trust most that you can tell about it. Because may people are after money they don't care to do anything to get funds. Let be wise on anything we are doing so that our coin will be safe from scammers.

[SOKO-DEKE]

[

Op you are right, many crypto beginners did not know what crypto currency is before they started investing into crypto currency. Buying any of the crypto currency is easy but holdimg is and keeping it save is not easy. Crypto newbies do not know how to safe keep their crypto currency that's why they become victims to scammers. However, knowing what crypto to invest into and how to safeguard it is the main thing to learn. After that you don't have to continue clicking on random links because that's the easiest way to get scammed.

Honestly, there are some people who are currently holding Bitcoin, but the truth is that they are just holding it. If scammers attempt to steal their coins, the scammers will succeed because they didn't take the necessary steps to provide proper security for their funds. The funny part is that they don’t seem to care much about giving their coins the best security; all they're after is just to keep investing more and more.

But the truth is, someone may make a reasonable profit in the future and have a good plan for holding for a long period of time. It may very well be that this is the time when someone who has made a big move in crypto will be attacked by hackers or scammers. So, taking the best measures to keep funds safe has to start from the day someone begins investing.if possible, I would advise newbies to learn the proper way of securing their crypto investments before they start investing. They should also stay updated on any new tactics scammers might be using.

[GreatArkansas]

But recently I just saw someone who was able to store his seedphrase by remembering it in his head, and it was quite challenging, I have tried to do it but have not succeeded, maybe I will try harder to be able to do
it, and I think this method should be done by everyone who feels capable of doing it.

Memorizing the seed phrase is not good either. If you had a severe illness or an accident, it could lead to memory loss and thus, the loss of your funds. Write your seed phrase on a clean piece of paper or crest it on metallic steel and keep it somewhere safe.

I want to add here, you can also have multiple backups, like a physical backup, just in case something happens in the place where you store our seeds physically. BUT this could also not be safe, because it is prone to other people finding it and accessing it.
So you just need to weigh whether someone can find or steal it versus losing the only backup.