Having money in crypto is good, but the best thing is to secure it well. In this post I give you 3 tips to protect your investments.
Here are three essential tips to secure your crypto wallet
1. Use a secure wallet (hardware wallet)
Hardware wallets, like Ledger or Trezor, are one of the safest solutions. They store your private keys offline, which protects them from online hacks and malware.
2. Enable two-factor authentication (2FA)
For online wallets or exchange platforms, enable two-factor authentication. This adds an extra layer of security by requiring a temporary code in addition to your password to access your account. It is best to have the authentication code on another device.
3. Backup your private keys and seed phrase
Write down your private keys or seed phrase (recovery phrases) on a physical medium (paper) and keep them in a safe place.
Never share them online or with third parties. Anyone with access to this information can steal your funds.
Bonus:
Update your security software and wallets regularly.
Beware of dubious links or applications that could be phishing attempts.
With these practices, you will greatly reduce the risks of loss or hacking.
A very interesting chart to follow is the dominance of USDT which is trending downwards and this is a strong signal for the days to come as liquidity is coming in đ„â»ïž
1.36 billion $ have been liquidated in the crypto market in the last 24 hours, according to Coinglass. For those of you who want to anticipate the market's reaction, good luck to you, especially without training in the field đ
I think that if you have been in the crypto market for a long time you are not more surprised by this drop. Be patient and if it is time to reallocate your portfolio or buy more fundamentally solid projects, this is the moment.
the $BTC Dominance has been returning to a resistance for over 1.5 years, will it push Bitcoin down again? if so, it would really be bullish for altcoins, especially for $ETH đ„
Despite the prolonged declines in crypto projects, it is noteworthy that long-term holders remain strong and persistent. With 74.2% on $ETH which is supposedly dead and 73.3% on the leader $BTC
Many people complain about the price of $BTC but guys zoom out a bit on the Graphđđ. Honestly, I understand those who are crying have a very high average price.