Topic: My first journey with crypto wallet - page 2. (Read 293 times)
Thst is why it is good to be just independently operating wallets, if someone has the seed phrase, it means it is no longer your coin alone because both of you can acessed the cryptocurrencies on the wallet. If the person send the coin to another wallet, that means it is completely no longer yours. The person will also just be taking you for fool, open wallet for you and move the funds into his own wallet. No one should know your seed phrase, supposing you open the wallet yourself, or pay attention to the instruction about the seed phrase, the wallet would have stated that the seed phrase should be backup, if anyone knows the backup, that means the coin can be stolen by the person, this is what you will want to avoid.
Alright fellas, listen to this little advice of mine, if you want to do anything crypto practical is a necessity to understand some things, I will just like to warn you to never allow anyone to help you download and open a crypto wallet for you, here is my story
When I was still very new to crypto I find it very hard to do things myself so I look for a friend of a friend living in my hood to help me open a crypto wallet, after buying few bitcoins my coins have vanished twice... Later I detect that the wallet was already compromised the moment I allowed someone to open it for me
Even when I told him what happened I instantly noticed he knew, so I was free when I finally abandoned the wallet for new one...hope you guys learned from my mistake
When I was still very new to crypto I find it very hard to do things myself so I look for a friend of a friend living in my hood to help me open a crypto wallet, after buying few bitcoins my coins have vanished twice... Later I detect that the wallet was already compromised the moment I allowed someone to open it for me
Even when I told him what happened I instantly noticed he knew, so I was free when I finally abandoned the wallet for new one...hope you guys learned from my mistake
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