The 10 Rules of Crypto

in #cryptocurrency • 7 years ago
  1. Don't lose your wallet password
  2. Never invest more than you can afford to lose
  3. Don't tell strangers what exchanges you use
  4. Everyone is a hacker
  5. DON'T LOSE YOUR WALLET PASSWORD
  6. Use 2 step authentication, with an app, not text message
  7. Dont store long term coins on exchanges, trade only
  8. When in doubt; HODL
  9. Buy the dip
  10. Keep calm and don't panic sell
#bitcoin #investing #money
7 years ago in #cryptocurrency by
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     7 years ago (edited)

    Great list, but I would add:

    11 - If you don't use an air-gapped computer for your wallets then be damned sure your main computer you do wallet operations on does not have malware or spyware on it doing keystroke logging
    12 - Encrypt your wallet passwords and remember the password, don't write it down
    13 - Backup you encrypted wallet private keys religiously (even if you're not religious)
    14 - Avoid online "lite" wallets - download the HTML and run it locally by opening the index.html file
    15 - DON'T LOSE YOUR WALLET PASSWORD

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