### **🚨 Day 2 (Part 2): "Cold Wallets vs. Hot Wallets; Where to store your $BTC and $BNB this 2025?
*"Yesterday I explained the basics… but today I discovered the **hidden risks** that ‘experts’ don’t mention!* 😱 *Ready for the truth?"*
### **🔍 3 DANGERS that NOBODY Tells You** *(Based on REAL cases from Reddit/YouTube)* 1️⃣ **Hot Wallets are **MAGNETS for Hacks**: - *Trust Wallet/MetaMask* are easy, but **60% of thefts come from:** - Downloading fake apps (e.g.: "MetaMask Pro" on Google Play). - Signing trap contracts on staking dApps. - *My advice:* **Never use the same wallet for P2E games and your savings.**
2️⃣ **Cold Wallets have TRAPS**: - Buying a *Ledger/Trezor* on Marketplace = **Hacked USB!** - *Real case:* A user lost $50,000 due to a *new* (but tampered) Ledger. - *Solution:* **Only buy from official websites** (even if they cost more).
3️⃣ **The Seed Phrase is your **BIGGEST ENEMY**: - If you store it on your *cell phone or cloud* → **Hackable.** - If you write it on paper → **Burn it after memorizing it!** *(Yes, seriously, you must be careful with money).*
### **💀 COMMON Mistakes (Avoid Them!)** - **"I store my seed phrase on WhatsApp for security"** → NO! Use **metal vaults** ($20 on Amazon). - **"I trust this exchange because it’s famous"** → FTX was famous too (be careful) - - **"I bought my Ledger with a 50% discount"** → RIP to your cryptos.
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**📌 CONCLUSION *"If you have **LESS than $1,000** in crypto: Why do you need a cold wallet? If you have **MORE than $1,000**: Why don’t you have it ALREADY?"* #CRİPTO #venezuela #bitcoin
**👇 Now that everything is said, VOTE!** Which Wallet do you use **?
Does this content help you? Support me with a tip in USDT! 🫶 (My Binance Pay)". @Alejandro Magno 1720
Day 2 of the Challenge: Hot vs. Cold Wallets… Which one should I choose? (And how to avoid losing your cryptos)"
I learned that NOT all wallets are the same. Here’s the basics to avoid making a mistake:
🔵 **HOT Wallets** (connected to the internet): - **Without keys**: Like Binance or Coinbase. *Advantage*: Easy. *Risk*: If the exchange goes bankrupt or gets hacked, goodbye cryptos! 💸 - **With keys** (Trust Wallet, MetaMask): You control the keys, but if you lose them or get hacked, there’s no recovery.
⚪ **COLD Wallets** (USB like Ledger/Trezor): - Advantage: 100% yours (offline). Risk: If the USB gets damaged and you forget your seed phrase, you lose everything. (Don’t buy on Marketplace! They might be hacked).
📌 **Conclusion**: - Are you a hodler? Cold wallet. - Do you trade often? Hot wallet with keys. - Never share your seed phrase!
What do you prefer? Any mistakes I should avoid? 👇 #CryptoSecurity #Venezuela #CRYPTO
"Does this content help you? Support me with a tip in USDT! 🫶 (My Binance Pay)" @Alejandro Magno 1720
I'M GOING TO LEARN ABOUT CRYPTO IN 7 DAYS (and I need your help) Hello #CriptoComunidad I am an absolute novice at this. Today I start my Crypto Challenge: 1. Day 1: What word/concept SHOULD I research first? (Blockchain? Wallet? Gas fees?). 2. Any video/book that explains it like for school kids? 😅 3. I promise: To update every day with what I learn (and my mistakes).