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.
I think so and people must always avoid to deal with suspicious app. I heard that so many scammers were also creating fake application and software to steal the data from the users. So many news have also published that too. 
Topic: CRYPTOCURRENCY INVESTMENT SAFTY TIPS (Read 712 times)
I would say it is vital importance that if you want to be secure in trading, do not trade something that you have no idea about. Not even studying it for a while works, you have to actually make sure that you know every single bit of a detail about that currency that you can, that is the important part, if there is something that you didn't know and after buying it and it goes down and you realize it went down because of something you didn't see before, that means you didn't do your research well enough.
Learn absolutely every single detail about the thing you are putting your money into, you wouldn't buy an comb (simple thing) from someone unknown online, so why would you invest into something you do not know every detail about? Find even the smallest little detail if you can.
Learn absolutely every single detail about the thing you are putting your money into, you wouldn't buy an comb (simple thing) from someone unknown online, so why would you invest into something you do not know every detail about? Find even the smallest little detail if you can.
People shouldn’t be leaving their funds on exchange, even at that you should always make sure that the exchange you’re using is secure. Even exchanges can be hacked and money that belongs to customers will be stolen. It has happened so many times and if you read the news you must have seen it happen. So, you should make use of good exchanges that even when such a thing happens you’re sure that you money is still secure.
Know how they secure your funds; an example is Coinbase, they make use of offline vault to store your money and they have insurance as well. And like I said at first, also have your own wallet where you store your funds, everything shouldn’t be left on an exchange.
Know how they secure your funds; an example is Coinbase, they make use of offline vault to store your money and they have insurance as well. And like I said at first, also have your own wallet where you store your funds, everything shouldn’t be left on an exchange.
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".
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.
Whoever invest all funds in a single project knows nothing about investment and should not invest at all in the first place. Imagine getting a massive dump from that coin, you can't even bare it and will definitely sell at loss due to your emotions getting screwed up. But if you diversify your investment, and you know you are holding good coins, you can be patient enough for the price to rise when there is dump.
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.
Whoever invest all funds in a single project knows nothing about investment and should not invest at all in the first place. Imagine getting a massive dump from that coin, you can't even bare it and will definitely sell at loss due to your emotions getting screwed up. But if you diversify your investment, and you know you are holding good coins, you can be patient enough for the price to rise when there is dump.
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.
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. 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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 volumeJump to: