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Published on Jan 5, 2019
Hi, You are searching how to and when to invest in crypto market?? But I think BEFORE ALL THAT you need to know how to secure your cryptocurrency. This video will guide you to do that. Please share any #crypto security tips you have in the comments below! Unlike traditional financial instruments, #crypto do not have fail safes in place to protect you. Hackers or user-error can cause you to lose your #cryptocurrency investments. Overview Content: Tip 1: Buy a Paper Notebook(if you can).
Tip 2: Use the Paper Notebook to Store All Crypto-Related Account Info & Create Paper Backups.
Tip 3: Scan Your Computer for Malware and Secure it with Cyber Security Software. Also Consider Keystroke Encryption Software.
Tip 4: Require a Password on Your Phone & a Passphrase to Request New SIM Cards. Never Publicly Display Your Phone Number or Cell Phone Provider Online.
Tip 5: Create Unique, Long, Secure Passwords for Each Crypto-Related Account. NEVER Store them on a Device Connected to the Internet. Store them in Your Paper Notebook (with Paper Backups!)
Tip 6: Create a New Email Address with a Unique Handle You've Never Used Before to Use Exclusively with Your Crypto Accounts.
Tip 7: Research, Research, Research to Learn which Wallets and Exchanges to Use when Investing in Cryptocurrency. Quadruple Check ALL URL's and then Bookmark the URL's to Access Safely. Beware of Fake Look-a-Like Websites!
Tip 8: Setup 2FA, or 2 Factor Authentication, for ALL Crypto-Related Accounts.
Tip 9: Learn How to Use Wallets and Exchanges to Complete Transactions Successfully. ALWAYS Use a Small Amount to Ensure Everything is Setup Correctly. Cold Hardware Wallets are the Safest.
Tip 10: Never Reveal Your Identity on Cryptocurrency Public Forums. Keep Your Identity and the Amounts You've Invested in Cryptocurrencies Secret.
Tip 11: Write Down Instructions in Your Paper Notebook on How to Access Your Funds in the Event of Your Death. Consider Creating a Will, Trust, or Other Document that Can be Legally Executed to Carry Out Your Wishes! Important note: NEVER invest more than you can afford to lose when investing in something as risky as #crypto.