CRYPTOCURRENCY : 2 BASIC SECURITY RULES

in #nkkb7 years ago

The first rule of cryptoland is:

Never invest more than what you can afford to lose.

The second rule is :

Never, buy cryptos if you don't know how to keep them safe and secure.

That's because security is a growing issue and concern many cryptocurrency community faces today. New armies of hackers, malware, ransomware, and scams are now engaging the crypto world into a devastating confict with serious financial threats.

Take this seriously and get yourself equipped before you burn your fingers.

Read more here: https://coinsutra.com/online-security-guide-cryptocurrency-baby-boomers/

I you find this article useful do share it with your friends and family who don't know how to secure their cryptocurrencies.

Article source:

#nkkb @nkkb
#teammalaysia Member at Steemit.
#mentormemtee with #zublizainordin and #nkkb
@OriginalWorks #originalworks
https://steemit.com/@originalworks
@t3ran13

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@zublizainordin says @nkkb #nkkb I have never done trading in My life, only a few days ago since I wanted to do Power Up at Steemit. The 2 Rules You mentioned are precautionary good. The 3 Rule... I am addicted already. Well, The Ketumnizationness of Cryptocurrency... Welcome to the Real World Neo...

#zublizainordin

@nkkb to @zublizainordin Welcome to crypto trading . As long as the 2+1 rule abided , you'll be fine.
#nkkb

I like the last six letters of your name, very nice

Offline wallets are the way to go.People that want to deal with bigger amount of cryptocurrencies should definitely consider it because the chances of getting your money stolen is lower.Online wallets are too fragile nowadays even with 2 factor authentication they shouldn't be trusted, at least in my opinion.

Thank you for contributing to the Steemit Community.Keep up the great work and I'm looking forward to your next posts.

May I know is it difficult to have offline wallet?
I'm very noob here. Never got chance to try credit out money yet.

It's not difficult depending whether you want to invest in one. You just order it and it should arrive in your place and there should be instructions on how to set everything up. It's the best way to stay protected when dealing with higher amount of cryptocurrency.

Thanks and if you have any other questions let us know.

Alright! Thanks for the information!

@nkkb Yes true and the offline wallet like Ledger Nano s and Trezor etc. is highly recommended by John Macafee himself, the founder of Antivirus software. He knows. Thanks @castbound

don't invest in what you don't understand too! I really think the security of knowledge required to not loose all your money is way too high.

Vote for witness @cryptohazard

@nkkb #nkkb : Very good point @cryptohazard. Understand what we are diving into. Thank you.

You make an nice article man .you are awaring people for their good.

The third rule is never engaged with crypto trading if you don't want addicted.. Lol

@nkkb to @akar-rumput . Thanks for the bonus 3 rd rule. That will be a problem w.

Beautiful post and very interesting!!It's true......
I like your hard work ^__^
Resteem!!

@nkkb Thanks for support All the best
#nkkb

Nothing dear @nkkd!!

awesome article thanks for your suggestion Resteem

Thanks for sharing!! Appreciate that.
Wish to show my appreciation but Im always limited bandwidth.... sorry

@nkkb No big deal . Sail through the vast ocean at your own pace.....biar lambat asalkan selamat.
#nkkb

Betul kata, saya teliti sebabtu lambat
:)

wall i have got a post ffrom you for the first time wow amazing

thank you nkkb for this information!!..i'm new to crypto world and this really help!!

Salam @nkkb ... i'm interested to learn crypto after i joined steemit, not for getting rich, but for my own knowledge and possibly educate others. As an active member in creative community, this knowledge is worlds apart from our daily expertise. World is evolving into digital and i believe this knowledge is important in near coming future. Hopefully can have a chat over a coffee and learn from you.

Terima Kasih.

@nkkb Sure @sireh I am learning too.
#nkkb