CRYPTOCURRENCY INVESTMENT SAFTY TIPS

[bttmember]

One thing i want to add is that crypto investment market is improving because of huge bull market expectations so there will also be available some fake projects that will look to loot people of their precious btc and eth by selling them their useless tokens so be very careful and only invest in high quality projects.

[Genemind]

Dear Team,
For Every New Trader It's Time Very Critical Due to Corona Virus All Globally impact All over World High Unemployment Some people looking idea how to earnings online or digital crypto currencies My Suggestion is Everyone people keep full research after investing any coin hold good coin u profitable future time is cryptocurrency.
Safety tips For hacking any scammer not loosing your money
1.Never Share  Publicly Email Address.
2.Use Top 3 Exchange by Coinmarket cap rank.
3.Use 2FA Security Exchange And Email.
4.Never Share Your Personal Details Like Phone and Email.
5.Change Password Every Months And Use All special Characters.

I certainly agree with these tips. It's really important to invest with top coins especially if you're looking for an assurance and a guarantee of gaining a good profit. Securing your personal details is also helpful and that's also our responsibility. We should know that investing in crypto has a big risk so it will be better to invest in something that we could afford to lose. Never be greedy and try to apply the basics of investing which is to buy low and to sell high.

[Nesbee2]

 I will advise anyone who want to invest in cryptocurrencies should invest what he or she can let go in case of loses. another important tip is do not be in a hurry to invest in any project , rather make sure you carry out due diligence research  about the potentials of such projects before investing your hard earn money . One more thing learn to take profits.

[kawetsriyanto]

For Every New Trader It's Time Very Critical Due to Corona Virus ~

Your title is discussing about investment, mate? How can you describe "trader" on the thread content?
You must focus on the title. If you are discussing about investment, then you should explain about investor, not trader. 

This step by step is not for the investment purpose, but for the security advice ~

I agree with you, mate. I feel the title is like "clickbait" and if it is needed why don't to change the title. 
I think the best title is "Tips to avoid hackers or scammers".

[jajorforce]

One thing i want to add is that crypto investment market is improving because of huge bull market expectations so there will also be available some fake projects that will look to loot people of their precious btc and eth by selling them their useless tokens so be very careful and only invest in high quality projects.

Thanks to adding new add tips, we should be more before buying any scam altcoins. Newcomers can safely trade with top altcoins but fresh coins shouldn't be bought if it has a low volume. I want to add more tips on who's wants to trade in this pandemic. After listed any top exchange, every coin has correction time, so be ready for that.

[ahyadinnn]

I agree with you, coinmarketcap is now an unfair exchange rate, where fake volumes always appear in ranks one to ten, such as p2pb2b and coinsbit and latoken, why are fake volume exchange going to the top, this is strange

it looks like they don't check every market, so they put in fake volumes in the highest volume level, that's a lack of CMC, I prefer to use coingecko than CMC, I hope they can improve it, so new investors don't get caught up with the fake volume

[michellee]

I agree with you, coinmarketcap is now an unfair exchange rate, where fake volumes always appear in ranks one to ten, such as p2pb2b and coinsbit and latoken, why are fake volume exchange going to the top, this is strange

it looks like they don't check every market, so they put in fake volumes in the highest volume level, that's a lack of CMC, I prefer to use coingecko than CMC, I hope they can improve it, so new investors don't get caught up with the fake volume

Checking on the market can also give information. You can see how much the volume, the order, and the history for that coin. That will help you analyze the coin, and if you have an interest in the coin, you can directly place your buy or sell order at the market. But you should be careful if you want to buy the coins because the analysis will need to do more. No matter if you use coinmarketcap or coingecko, if you can not analyze from the information that you got, that will be no use.

[dragon695]

I agree with you, coinmarketcap is now an unfair exchange rate, where fake volumes always appear in ranks one to ten, such as p2pb2b and coinsbit and latoken, why are fake volume exchange going to the top, this is strange

it looks like they don't check every market, so they put in fake volumes in the highest volume level, that's a lack of CMC, I prefer to use coingecko than CMC, I hope they can improve it, so new investors don't get caught up with the fake volume

Checking on the market can also give information. You can see how much the volume, the order, and the history for that coin. That will help you analyze the coin, and if you have an interest in the coin, you can directly place your buy or sell order at the market. But you should be careful if you want to buy the coins because the analysis will need to do more. No matter if you use coinmarketcap or coingecko, if you can not analyze from the information that you got, that will be no use.

True! Besides doing trading analysis, we should check the markets and exchanges directly. Anything will lead to your proper skills and knowledge. therefore, if we want to make a good decision, we should learn how to make it! Investing is not an easy task. It not only based on your knowledge and skills but also based on your experience!

[aemma]

Point 1 is true as it reduce chances of spam emails and so on. But for point 2 I do not agree, what are the top exchanges when we know coinmarketcap do not always report the right thing?, rather I would say, when you see any potential coin to buy, buy from good exchanges and withdraw to personal wallet. This is because, not all exchanges nor the top 3 exchanges might have the potential coin in question, also even when bought from top exchanges withdrawing to personal wallet is the best form of asset security. Lastly, 2FA is a must, even most exchanges makes it mandatory.

[SyndicateLabs]

Emails are prone to be hacked, that's why we need a 2FA security factor. In cryptocurrency investment, there is always a way for hackers to scam their victims, some are by sending us phising sites via email. Also, we should refrain sharing our private information like I'D and some other private documents, and most of all we must secure or private key to our account.

I believe their security is good enough to avoid being hacked. As long as you set a strong password and have lots of special characters, I believe that no one will be able to hack it.

[totoy4741]

This step by step is not for the investment purpose, but for the security advice for everyone who held their asset on cryptocurrency.

I believe @OP miss understanding between the topic and title thread, should change it, anyway this kind of advice we already talking about this a thousand times even there has some better explaining from some member if we compare it with this advice.

This advice is exclusively for newbies or those people who certainly know nothing about crypto. There are plenty of tips and learning materials they read and learn to educate themselves before venturing in this kind of business.

[swordking]

This step by step is not for the investment purpose, but for the security advice for everyone who held their asset on cryptocurrency.

I believe @OP miss understanding between the topic and title thread, should change it, anyway this kind of advice we already talking about this a thousand times even there has some better explaining from some member if we compare it with this advice.

This advice is exclusively for newbies or those people who certainly know nothing about crypto. There are plenty of tips and learning materials they read and learn to educate themselves before venturing into this kind of business.

Definitely, in cryptocurrency, the people who got scam are the newbies in most of the cases. That's why they have to educate themselves enough before taking bigger steps in the beginning. This kind of advice is very much important for newcomers to not get scam.

[ATSgrowth]

You forgot about the most important safety thing - try to be anonymous! You never know who will abuse the information that you own cryptocurrencies.. and when you use the top 3 biggest exchanges, you need to pass KYC and thats why you can't stay anonymous.

[isaac_clarke22]

I can add a few thought in your list:
1. Use dummy email accounts, you can publicly those without any worry.
2. Nope, use top 3 exchange with real volume cap or good reputation.
3. 2FA is a must in almost every exchange today
4. Agree, I have nothing to add.
5. Use can use password keeper, just need to remember 1 master password for it.

I've tried before in using junk mails especially when joining airdrops in here, because I believe that they require email address and I don't want to use my real email address. Good thing I did though because there were quite plenty of junk mails I receive from the airdrop and one even attempted to lure me into their phishing site.

I must add up also.
6. Never leave any single cents of your money into an exchange ever.

[shaheer001]

Good tips thanks for the post. you shared all good tips i want to add something more, there are alot of suspicoius sites in first view its look like original legit website but if you do little more intention and observation you willfind out what is wrong as these type of sites steal your private keys, all your assets and your paswords.

[hrunya102]

Health to all of us and our loved ones, but I also advise you to leave some instructions on how to get access to your cryptocurrency for your family in case something happens to you.

[Lantind]

Dear Team,
For Every New Trader It's Time Very Critical Due to Corona Virus All Globally impact All over World High Unemployment Some people looking idea how to earnings online or digital crypto currencies My Suggestion is Everyone people keep full research after investing any coin hold good coin u profitable future time is cryptocurrency.
Safety tips For hacking any scammer not loosing your money
1.Never Share  Publicly Email Address.
2.Use Top 3 Exchange by Coinmarket cap rank.
3.Use 2FA Security Exchange And Email.
4.Never Share Your Personal Details Like Phone and Email.
5.Change Password Every Months And Use All special Characters.

Great...top 5 tips are great  and would help every investor who abides with it in one way or the other. N0 2 is golden. Trade a greater part of your funds on top exchanges rather than shit exchanges we see around.

Right, those five tips are very good to be used by anyone in any case, because everything is related to the security of our accounts and the security of our assets as well, so it is fitting for things like this to be used from afar for good, not just for now only.

[Malam90]

Dear Team,
For Every New Trader It's Time Very Critical Due to Corona Virus All Globally impact All over World High Unemployment Some people looking idea how to earnings online or digital crypto currencies My Suggestion is Everyone people keep full research after investing any coin hold good coin u profitable future time is cryptocurrency.
Safety tips For hacking any scammer not loosing your money
1.Never Share  Publicly Email Address.
2.Use Top 3 Exchange by Coinmarket cap rank.
3.Use 2FA Security Exchange And Email.
4.Never Share Your Personal Details Like Phone and Email.
5.Change Password Every Months And Use All special Characters.

Sharing email publickly is very risky but some bounty managers ask the bounty hunters to submit email and they disclose publicly on spreadsheet. This reduces our email privacy. Top 3 exchange like Binance is already hacked but more reliable than other exchange. Always try to change password regularly, using 2fa is secured.

[Beparanf]

Another tip I want to add and that is never put all your money in a single bucket. What I mean here is do not invest all of your funds in a single project. Split your fund into different sections and invest distribute them in the various projects from CMC Top 100. This will minimize your loss too. If you invest all your fund in a single project then if something bad happened to that coin you will take big losses.

Those who put their investment in single basket and not monitored it everytime probably already loss a lot, like what happen to me before, I'd been putting it in many altcoins but then lose since it's too late that I plan to monitored it hoping prices will go up again, so putting your investment does not mean putting only in cryptocurrency investments but in all investments which means not put only in crypto may it be BTC or ETH, but also a lot some for real estates or stock investment better if with business to, don't always put anything in one but it's good to focus at one at a time meaning setting time frame when to study or start forex, stocks and etc.

[popeye95]

I think I could add one more tip to your list: Never install an untrusted app/apk for your smartphone and alike for your PC as well. You will never know how much vulnerable you're if you allow those apps or programs running on your device.