The mistake new crypto investors make is leaving all of their crypto on exchanges. Here we will talking about how to protect your crypto
So here are my 3 top tips on how to use cold storage properly, and no bullshit.
You have to follow these steps.
1: Make sure your seed phrases are correct and that you double-check them.
Protip: If you’re storing them in your house, basement, or safe, I would still laminate them in case of potential water damage.
2. never keep your seed phrases in your phone or laptop, and never take a screenshot.
Always handwrite them and store them safely. This protects your crypto
3. Always do a test trade when sending money.
This ensures that everything is correct and that the money goes to the wallet you intended it to.
Remember, don’t ever send it all without testing it first. Trust me, these three tips might seem like overkill, but if you have a lot of crypto, you want as much protection from hackers as possible.
Okay, so we have the plan. I’m certain you know how to protect your crypto now. Let’s go.
Also, see why people keep losing money in crypto here
Let’s Milk It!