Best Ways To Keep Your Crypto Safe from hackers.
Reports have shown that 80% to 90% of youths in my country, Nigeria, is involved in cryptocurrency, one way or the other, is either you are a trader yourself, or you pay someone to trade for you, or you pay to get signals from more experienced traders, although I'm not so fond of doing that, is still much better than just going into the crypto market clueless, and gamble all your money away which is far worst than paying to join a signal group, but be careful not to pay for the wrong signal group because that will be double loss on your end, the money you paid and the money you will lose in the market using wrong signals.
One thing is making or earning from the coin you bought and another thing is holding your coin safe and secure in your wallet, it could be in a cold wallet or hot wallet depending on which you prefer the most.
Recently, one of our Hiver @belemo crypto wallets got hacked and all his tokens or coins were stolen, 4 years of hard work disappeared in 15mins according to his post, I loved the way that he was shown great support from this lovely Hive ecosystem, on that day I saw posts from @deraa and @edicted, who gave @belemo 100% beneficiary benefits, that was a nice gesture, I also contributed the little way I could, I reblogged and upvoted.
For me, the most secure way to protect your crypto assets and wallets is using a Cold Wallet(Offline Wallet), but the problem there is that it is not cheap and not everyone can afford it, that is why we mostly use the Hot Wallet(Online Wallet), one cold wallet cost about $120 about N75,000 in my country currency.
Cold Wallet is an offline crypto wallet where you can store your cryptocurrencies, it is the most secure way of protecting your coins because it is offline and impossible to be hacked, the only problem with a cold wallet is that your coin does not increase in value.
We should also try our best to avoid clicking any link we see because if you click on the wrong link you can give hackers full access to hack your wallet and drain your wallet.
From the @HiveNaija meet held on Sunday, I learned something new on how to secure my wallet, which I usually dismiss and didn't take seriously, things like accessing your crypto wallet using untrustworthy or public WIFI, that is another way of exposing your wallet to hackers.
Lastly, any site that requires you to input the secret or seed phrase of your account, every time. Is or potentially a SCAM site so we should all be careful.
