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Topic: Keeping your assets safe in the crypto space.. (Read 914 times)

full member
Activity: 154
Merit: 115
November 09, 2024, 02:39:39 PM
#99
You can use an extra desktop or laptop to hold your assets.
You can travel more freely with the other computer you use. Do not trust people you meet on the internet, they can offer you good offers and sneak up on you.
It is good to separate exchanges and cold wallets just like you separate two PCs, the more you divide the risk, the better.
full member
Activity: 896
Merit: 117
PredX - AI-Powered Prediction Market
Actually op for sure you can read a lot of useful tips right now on the topic you made, all you have to do is listen correctly or properly to those who gave the way to
be safe the assets you have now and for the future as well .

Almost all of those who commented here are correct in what they say and it is worth it to follow, you know that what should be done is that you have an idea and knowledge
about these things as well.
sr. member
Activity: 546
Merit: 309
Use a clean PC or laptop when you’re dealing with cryptocurrencies. A separate one is ideal if possible, do not visit any torrent or file sharing websites. Your private keys & or seed are for your eyes only. Common sense & concentration goes a long way to keeping your money safe. 

that's right, using a device for crypto needs that is separate from what we usually use for other purposes is important. personally, i usually use my iphone and laptop only for my crypto needs, and for other things i will use my android and pc. because having a separate device for your crypto needs is quite important because you don't know whether the website you visit is safe or not, or whether the application you install is safe or malware, and thus your risk of being exposed to viruses or malware can be greatly reduced.
Regardless of the device you use to hold your crypto, always be careful not to accidentally click on a phishing link. Because hackers can access your device or your wallet at that time when you click on a phishing link. If you do a lot of things with just one device, hackers can lure you into clicking on phishing links at any time.  Therefore, if your holding amount is large, you should use another device or use a hardware wallet. Which can give you extra security
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
I am sorry, but if a random guy messages you and says that he will give you free money, and all you have to do is give him access to his wallet or download a file, and the victim does it, then the victim deserves to be scammed for lacking common sense. At least that will teach him a lesson. It might be an expensive lesson, but the next time he wont fall for it. Look at most of the scams. They are all obvious. It is just greed that makes them stupid and get scammed.
A recent example is Bitget releasing a couple of articles to inform their users about phishing and a particular malicious browser extension named "AggrTrade". I've seen similar notifications from Binance, bybit also telling their users to be careful
Never download any extensions that you don't trust. Extensions are the most common way to hijack someone.

What have you guys been doing to keep your assets safe though? Drop some comments, let's learn.
Using brain and thinking twice before any I take any action.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
Cold storage & common sense is all I’ve ever needed to ensure my coins are safe. Too many people rely on third parties to custody their crypto & we all know the well known failures that have happened in the past. Too many people store their crypto on devices that they use for every day web browsing, downloading files etc which is a recipe for disaster. Stay safe, stay smart because there are lots of vultures out there.
sr. member
Activity: 588
Merit: 289
Maybe the only thing I can say is that we should be careful with the exchange we choose, be careful with the wallets we use so as not to endanger the crypto assets we want to keep.

Just put and hide our seed phrases, private keys properly. or back-up for our account wallets is important because those are our crypto assets that can provide good savings in the future.
then our long and short-term assets should be segregated so that they are as rich as they actually are.
This advice is very vital at this moment because this is time everybody claim to be crypto expert, and this is the time people do rush into crypto without knowledge just because they are been told to invest and get quick profit; at the same time, this is the time scammers are using to get good money from newbies who are believing everything that is too good to be true just because they think that crypto is a place to get quick money and go.

We all need to be very careful with the types of wallets we use to store our cryptocurrencies. Let's make sure the wallets are open-sources wallets and let's make sure the wallet is a known wallet not a random wallet from a scammer and lets also make sure we download all wallets from their official websites to avoid downloading clone wallets.
Above all, lets treat exchanges as just marketplaces and not a place to hold our cryptocurrencies, because not your keys, not your coin.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
I guess we can only just remain careful to avoid falling victim to scammers after all there isn’t much that can be done. What have you guys been doing to keep your assets safe though? Drop some comments, let's learn.
The biggest issue regarding "security" is we are literally seeing people just giving it away. Too many fools and gullible people in the crypto I agree with that, and this is why there is no security that you could do. What we could potentially have in the future is bigger and better regulations, which stifles the growth, there is no problems with growth right now though, but if they can prevent scammers then it would be fine.

The whole world should get together and make their governments deal with these scammers, if they do a rug pull, a scam, basically steal your money, they should face jail time, and if you can do that, if governments put those in law, then we are going to be fine. But right now, they just steal your money and live their life happily unless they steal so big that they get caught by big governments, so they stick with smaller amounts.
hero member
Activity: 1666
Merit: 453
Maybe the only thing I can say is that we should be careful with the exchange we choose, be careful with the wallets we use so as not to endanger the crypto assets we want to keep.

Just put and hide our seed phrases, private keys properly. or back-up for our account wallets is important because those are our crypto assets that can provide good savings in the future.
then our long and short-term assets should be segregated so that they are as rich as they actually are.
hero member
Activity: 3010
Merit: 794
That is not to interact that much in different communities, not allowing me to connect my wallets from various unknown sources. That's fair and easy and it won't take you that much to understand how you protect yourselves from harm.

Those who are engaging with airdrops are the ones who are prone to being harmed in these wallets that they often connect because of such requirements.

One mistake that they make is that they keep their assets on one wallet that they commonly use for funding those transactions and sometimes in providing liquidity which is wrong. Everyone needs to separate their main big wallet or scatter it in various wallets like with a hardware one.
Actually this is really just that a basic stuff but you would really be able to get surprised on how the heck other people do get scammed because they've been really that a fan on trying to click random links online
on which ityou would really be having those questions on mind is that where their common sense been put into? It isnt really just that too hard to understand such basic action or consideration or simply trying out to understand that you must avoid such stuff. Usually because of curiosity of someones mind will really be leading out into those kind of actions on which they've been really that believing that they might be able to get that kind of advantage specially if they've recieved something about having more bonuses or having that first claims before TGE or whatever things that they've been read up.

People do really miss up on trying out to read into the main channels of those projects and they will really be just that eventually be able to learn up things on the time that they will really be experiencing unfortunate events or conditions. Keeping your assets safe is really just that a basic approach but surprisingly there are really that still tons of people who do really mess up these things just because they've been making
themselves that being too careless or being that confident on what they've been dealing into. It is really just that people do eventually learn on the time that they have lost money which they could
eventually be able to avoid it earlier if they had just make use of their own common sense.
It is basic but there are a lot of times that most of us are forgetting that the most basic thing that we have to remember is always being forgotten. And that is because of activeness in the market and that makes them very hyper without considering to take precautionary measures even the most basic stuff.

They like to get to connect quickly without thinking that it could be a trap made for them like those that are into airdrops.

This is very common today with all of the TG apps out there and they're wanting people to connect into their wallets and transact for as man as they can.
We do know that people would really be that only mindful on the time or moment that they are losing up their coins. Due on very basic then we do really forgot on what are the things that we must do or really just that we do become that too confident and thats why it do really ends up for us to have some problems due to some neglection on some very basic things even on how small it is, it will really be putting up the danger on losing up our coins. This is why its really that important that you should really be knowing on how to maintain and how to look up on the possible ways or holes that your coins might get compromised. We do know that on this crypto world on which there are tons of people or hackers who are really just that trying out to take advantage on the moment that they do get that opportunity on stealing up your coins specially newbies.

Dont keep your coins on centralized exchangers
Dont kepp your coins on custodial wallets
Dont keep your coins on gambling casino accounts

If you are really that holding up for long term then you should be having this kind of approach.
You should really be mindful about the security of those coins. Never trust up centralized platforms or on to those wallets that you dont possess its keys.
Always mind about that primary rule that not your keys then not your coins.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Keeping your investments and coins safe is the biggest task. Who wants their hard-earned money to be stolen by scammers? The best way to protect the coins is to use a trusted wallet where the pass keys are only available to you. Don’t save the pass key anywhere online. Don’t download malicious software on your PC, or don’t click on any phishing links. They affect your PC, and hence at last your coins will be stolen. So be cautious and be safe.
I have been a victim of a phishing scheme and I learned a lot afterwards. Thankfully, it only took the e-mail that I used for registering on doubtful website links but it also got the other other accounts on different websites from that e-mail although it's not that much. Still, after that happened I took the liberty of securing my main account because I don't want that to happen again.
It's actually difficult to keep everything safe in cryptocurrencies especially coins and tokens that don't have a cold wallet available and they are not listed in popular cold wallets too so you will have not much of a choice but to keep it in a trading site or the Metamask wallet.
I agree, as much as possible, do not keep anything online. Use a notebook, jot it all down, down be lazy, and keep it offline.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
Security is definitely a very hard situation in crypto, most people do have trouble with it and I do not think we are going to see it grow anywhere further unless we come up with a better innovation. We have literally hardware wallets for people to protect their coins better, but people still end up getting their coins scammed out of them instead.

I mean at crypto, you do not hear billions being stolen by force, people do some projects or whatever, and then ask people to invest and rug pull them, or they just go into someone's exchange account, or they find loophole in a casino. Basically when the money is not in a secure place, people try to steal. Most of the theft here for example happens when owner of coins gives it to someone else with hopes of making even more.
hero member
Activity: 3038
Merit: 634
That is not to interact that much in different communities, not allowing me to connect my wallets from various unknown sources. That's fair and easy and it won't take you that much to understand how you protect yourselves from harm.

Those who are engaging with airdrops are the ones who are prone to being harmed in these wallets that they often connect because of such requirements.

One mistake that they make is that they keep their assets on one wallet that they commonly use for funding those transactions and sometimes in providing liquidity which is wrong. Everyone needs to separate their main big wallet or scatter it in various wallets like with a hardware one.
Actually this is really just that a basic stuff but you would really be able to get surprised on how the heck other people do get scammed because they've been really that a fan on trying to click random links online
on which ityou would really be having those questions on mind is that where their common sense been put into? It isnt really just that too hard to understand such basic action or consideration or simply trying out to understand that you must avoid such stuff. Usually because of curiosity of someones mind will really be leading out into those kind of actions on which they've been really that believing that they might be able to get that kind of advantage specially if they've recieved something about having more bonuses or having that first claims before TGE or whatever things that they've been read up.

People do really miss up on trying out to read into the main channels of those projects and they will really be just that eventually be able to learn up things on the time that they will really be experiencing unfortunate events or conditions. Keeping your assets safe is really just that a basic approach but surprisingly there are really that still tons of people who do really mess up these things just because they've been making
themselves that being too careless or being that confident on what they've been dealing into. It is really just that people do eventually learn on the time that they have lost money which they could
eventually be able to avoid it earlier if they had just make use of their own common sense.
It is basic but there are a lot of times that most of us are forgetting that the most basic thing that we have to remember is always being forgotten. And that is because of activeness in the market and that makes them very hyper without considering to take precautionary measures even the most basic stuff.

They like to get to connect quickly without thinking that it could be a trap made for them like those that are into airdrops.

This is very common today with all of the TG apps out there and they're wanting people to connect into their wallets and transact for as man as they can.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Keeping your investments and coins safe is the biggest task. Who wants their hard-earned money to be stolen by scammers? The best way to protect the coins is to use a trusted wallet where the pass keys are only available to you. Don’t save the pass key anywhere online. Don’t download malicious software on your PC, or don’t click on any phishing links. They affect your PC, and hence at last your coins will be stolen. So be cautious and be safe.

That's so much complexity but it's the reality of becoming our own bank.

as for me, I just settle with hardware wallet and save the mnemonic in paper. feels a lot more convenient, no need to be afraid of having virus invading my PC because i don't store unencrypted mnemonic phrase.
also, the experience feels smoother since every in every tx I will need to sign through the hardware wallet, adding additional security layer.

Also, I won't trust any browser extension randomly like the ones that OP stated, I'd settle with extension coming from reputable developer like just using built-in metamask's security feature.
legendary
Activity: 2660
Merit: 1074
Storing your main asset and portfolio on a smartphone is a big no. You shouldn't do that, even it is your main phone. What you must do is to have your phone dedicated only for crypto because I think that you're able to afford that. Because using your main phone, it also means that you're going from one point to another and you're going places.
Not only are you bringing your phone from one place to another, you are also using it for different purposes which may expose your phone to different risks. Using different social platforms, downloading different apps and software, you never know what kind of risks may those things bring.

Navigating through links may also endanger your device so it is much recommended that you only use your mobile device for crypto alone.
I think there are mobile phone users who doesn't like to bring their mobiles anywhere they go. They can also have more than one phone and they just leave the other in their house as it stores important files. Phones now are still very secure. On top of that, we can put a passcode, so that once we accidentally lose it or it was stolen, it won't be opened immediately and then we can remove our accounts there remotely. If we are talking about malwares and viruses, as long as your phone is not old, it will still receive security patches, so that you are safe from them. They might only be an extra-layer of protection because we might still install the viruses manually.

Phones now are very smart that they can do almost any things that we can think of or a computer can usually do before. This is the reason why people are using it for different purposes. If we are really serious about the security of our cryptos, then it's better to just buy a hardware wallet for them (not phone). You can also save money this way and it gives more sense. As long as we are visiting the known and trusted sites and we already bookmark them, we should be fine. So I won't be paranoid as that can only make us crazy.
hero member
Activity: 3010
Merit: 794
That is not to interact that much in different communities, not allowing me to connect my wallets from various unknown sources. That's fair and easy and it won't take you that much to understand how you protect yourselves from harm.

Those who are engaging with airdrops are the ones who are prone to being harmed in these wallets that they often connect because of such requirements.

One mistake that they make is that they keep their assets on one wallet that they commonly use for funding those transactions and sometimes in providing liquidity which is wrong. Everyone needs to separate their main big wallet or scatter it in various wallets like with a hardware one.
Actually this is really just that a basic stuff but you would really be able to get surprised on how the heck other people do get scammed because they've been really that a fan on trying to click random links online
on which ityou would really be having those questions on mind is that where their common sense been put into? It isnt really just that too hard to understand such basic action or consideration or simply trying out to understand that you must avoid such stuff. Usually because of curiosity of someones mind will really be leading out into those kind of actions on which they've been really that believing that they might be able to get that kind of advantage specially if they've recieved something about having more bonuses or having that first claims before TGE or whatever things that they've been read up.

People do really miss up on trying out to read into the main channels of those projects and they will really be just that eventually be able to learn up things on the time that they will really be experiencing unfortunate events or conditions. Keeping your assets safe is really just that a basic approach but surprisingly there are really that still tons of people who do really mess up these things just because they've been making
themselves that being too careless or being that confident on what they've been dealing into. It is really just that people do eventually learn on the time that they have lost money which they could
eventually be able to avoid it earlier if they had just make use of their own common sense.
hero member
Activity: 3038
Merit: 634
That is not to interact that much in different communities, not allowing me to connect my wallets from various unknown sources. That's fair and easy and it won't take you that much to understand how you protect yourselves from harm.

Those who are engaging with airdrops are the ones who are prone to being harmed in these wallets that they often connect because of such requirements.

One mistake that they make is that they keep their assets on one wallet that they commonly use for funding those transactions and sometimes in providing liquidity which is wrong. Everyone needs to separate their main big wallet or scatter it in various wallets like with a hardware one.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Still, I guess we can only just remain careful to avoid falling victim to scammers after all there isn’t much that can be done. What have you guys been doing to keep your assets safe though? Drop some comments, let's learn.
Ignore spam direct messages you received on your inbox. Never click anything those fake accounts send you. Make sure to always join and click official links only on every projects you are aiming to participate. And of course, don't join every disponible projects, because some of them can have as sole purpose to scam participants and invade their devices through viruses. Before entering a project, you have to check if it's legit or not. Do your research, looking for opinions and reviews from another participants about the respective project.

Also, never send funds in order to participate or to receive rewards for anything. I've seen some people complaining about projects which demand users sending them funds from their own wallets in order to receive the aidrops' prizes. Avoid it at all costs, because it doesn't make any sense to have to pay for something in order to be paid later...
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
Keeping your investments and coins safe is the biggest task. Who wants their hard-earned money to be stolen by scammers? The best way to protect the coins is to use a trusted wallet where the pass keys are only available to you. Don’t save the pass key anywhere online. Don’t download malicious software on your PC, or don’t click on any phishing links. They affect your PC, and hence at last your coins will be stolen. So be cautious and be safe.
hero member
Activity: 938
Merit: 605
Leading Crypto Sports Betting & Casino Platform

Clicking on a suspicious link alone is dangerous enough but once you click a link it might not be totally over yet. A website could just be imitating another legitimate one, but you would still have to input some information for them to actually hack you so when you click a link try to look for suspicious signs. If a website seems informal and is littered with spelling mistakes and random characters, most likely it is not legit.
Quote
especially if you are an airdrop seeker, you are very vulnerable to fraud by connecting your wallet to their website and without realizing it, your assets are lost due to phishing.
This is honestly one of the reasons why I am a bit skeptical of airdrops. Itis hard to flush out the scams and differentiate them from the potentially promising projects.
It is literally not that hard though if the seeker for airdrops would get rid of greed and try to do due diligence about the team/developers before getting to participate in any airdrops.  Like if you know this ain't popular airdrop and practically just fewer persons are only talking about it, then it's a good sign to stay off and only hint after those   with a working official social media page that are with large community engagement.

Consequently, if you're after airdrops you should know well not to make use of wallets that you have funds in there but rather a burner wallet where there's little or no funds at all, just specifically for airdrops connections.
full member
Activity: 2548
Merit: 217
This often happens when on Telegram there are lots of fraudsters who send us messages disguised as group admins and so on. So, before clicking on a link, we should check it carefully, as well as when we receive an email because these two things make it very easy for them to find victims of fraud.
Clicking on a suspicious link alone is dangerous enough but once you click a link it might not be totally over yet. A website could just be imitating another legitimate one, but you would still have to input some information for them to actually hack you so when you click a link try to look for suspicious signs. If a website seems informal and is littered with spelling mistakes and random characters, most likely it is not legit.
Quote
especially if you are an airdrop seeker, you are very vulnerable to fraud by connecting your wallet to their website and without realizing it, your assets are lost due to phishing.
This is honestly one of the reasons why I am a bit skeptical of airdrops. Itis hard to flush out the scams and differentiate them from the potentially promising projects.
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