How about don't participate in bounty campaigns at all! Most of them are rubbish.
What's a more productive use of your resources - chasing a coin that no one's heard of and has a low chance of every having value or chasing a coin that's been established and has proven utility in the market?
We're on the cusp of a real ICO crash, stick with the big names and you'll be able to weather the storm.
Topic: investment and safety advice for begginers in cryptocurrencies (Read 127 times)
Do not participate in unidentified source airdrop programs, in airdrop there are malicious programs that can take away your account anytime. Refer to here
*never give your password and private key to anyone.
That belongs to that reminder.Another thing is that don't also be so gullible for reading tweets that are about giveaways.
Don't send someone that wants t you to send 1 ETH that promises you to return 5 ETh for example.
Do not participate in unidentified source airdrop programs, in airdrop there are malicious programs that can take away your account anytime. Refer to here
Hi everyone, just a simple advice when you are planning to make an investment in cryptocurrency and some safety tips.
Buying coins/tokens
*Research everything about a certain coin/token that you wanna invest in with your money.
*check it`s use case and potential growth
*market price history
Security of wallets and funds
*if you are using a wallet that requires an email account,just create another email and just use it for your digital wallet.
*if your using a wallet that requires passphrase write it down in your notes where nobody else could see.
You can also use a usb to keep your password and passphrases.
*hardware wallet(advisable for big amounts)
*if your planning to buy any cryptocurrencies and planning to hold it for LONG TERM,buy from an exchange and withdraw it to your wallet,never leave it on exchange site because they are more prone to hacker attack..(better to be safe).
Safety of your accounts
*never give your password and private key to anyone.
*avoid clicking suspicious sites always check the https in the web browser.(phishing)
*bookmarks the page you always visit that you need to login your account.
*avoid accessing your accounts in internet cafe's or unsecured sites connection.
*bad hackers always find a way how to get newbies cryto fund so please be safe and always updated.
NOTE: if there's some advice you can add to help our new freinds in cryptoworld please share it here..
STAY SAFE CRYPTO PEOPLE!!
Buying coins/tokens
*Research everything about a certain coin/token that you wanna invest in with your money.
*check it`s use case and potential growth
*market price history
Security of wallets and funds
*if you are using a wallet that requires an email account,just create another email and just use it for your digital wallet.
*if your using a wallet that requires passphrase write it down in your notes where nobody else could see.
You can also use a usb to keep your password and passphrases.
*hardware wallet(advisable for big amounts)
*if your planning to buy any cryptocurrencies and planning to hold it for LONG TERM,buy from an exchange and withdraw it to your wallet,never leave it on exchange site because they are more prone to hacker attack..(better to be safe).
Safety of your accounts
*never give your password and private key to anyone.
*avoid clicking suspicious sites always check the https in the web browser.(phishing)
*bookmarks the page you always visit that you need to login your account.
*avoid accessing your accounts in internet cafe's or unsecured sites connection.
*bad hackers always find a way how to get newbies cryto fund so please be safe and always updated.
NOTE: if there's some advice you can add to help our new freinds in cryptoworld please share it here..
STAY SAFE CRYPTO PEOPLE!!
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