#CryptoSecurity101 Protecting your assets is even more important than growing them. Diversifying them in different hot & cold wallets reduces the risk of loosing everything at once.

Hackers & scammers can drain your wallets so it’s very important to keep track of your transactions history & look for any suspicious activity like unknown tokens in your wallet that might look like they are worth money. But trust me they don’t. Do not interact with them & simply withdraw & transfer your assets in another fresh wallet.

Protecting your wallet’s passphrase & private keys are most important security measures & are not to share with anyone else.

Remember the famous saying. “ Not your keys not your crypto “.It is not advised to keep all your major holdings & assets on Exchanges because they are also not immune to hacks. Also there’s always a risk of an Exchange getting banned from your country or they can also restrict your withdrawals.

So you should diversify your major & long term holdings in your hot or cold wallets to keep them safe.

Always double check or triple check your wallet address, network chain & memo before making any transactions through your wallet.

Also it’s always better to send small amounts transactions first to make sure everything is safe. After confirming the transfer was successful then only continue with bigger amounts.

You can create as many new wallets as you want.

Like create one for Airdrops one for long term crypto holdings one for short term holdings. Another for back up funds.

Stay safe