Cryptocurrency Security Things to Do BEFORE Investing in Crypto

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Cryptocurrency Security Tips to Consider BEFORE Investing in Crypto!

Coinbase – Get 10 FREE BITCOIN when you use this link to sign up for Coinbase and invest 100: https://coinbase-consumer.sjv.io/Eaxk5W

This video discusses some of the things you can do to safeguard your cryptocurrency investments. There are many security measures you can take that are not covered in this video.

Share any crypto security tips you have in the comments below!

Unlike traditional financial instruments, cryptocurrencies do not have fail-safes to protect you. Hackers or user errors can cause you to lose your cryptocurrency investments.

Remember: NEVER invest more than you can afford to lose when investing in something as risky as crypto.

Tip 1: Buy a paper notebook.

Tip 2: Use the paper notebook to save all crypto-related account information and make paper backups.

Tip 3: Scan your computer for malware and protect it with cybersecurity software. Also consider Keystroke Encryption Software.

Tip 4: Require a password on your phone and a passphrase to request new SIM cards. Never give out your phone number or cell phone provider online.

Tip 5: Create unique, long, secure passwords for every crypto-related account. NEVER store them on a device connected to the internet. Keep them in your paper notebook (with paper backups!)

Tip 6: Create a new email address with a unique handle that you have never used before and that you can use exclusively for your Crypto accounts.

Tip 7: Research, research, research to learn which wallets and exchanges to use when investing in cryptocurrency. Quadruple Check ALL URLs and then bookmark the URLs to access them safely. Beware of fake look-alike websites!

Tip 8: Set up 2FA or 2-factor authentication for ALL crypto-related accounts.

Tip 9: Learn how to use wallets and exchanges to complete transactions successfully. ALWAYS use a small amount to ensure everything is installed correctly. Cold Hardware Wallets are the safest.

Tip 10: Never reveal your identity on public cryptocurrency forums. Keep your identity and the amounts you have invested in cryptocurrencies secret.

Tip 11: Write down instructions in your paper notebook on how to access your money in the event of your death. Consider creating a will, trust, or other document that can be legally executed to carry out your wishes!

Links to mentioned products/services:

MalwareBytes – http://www.tkqlhce.com/click-8628825-12849560
Trend Micro – https://www.trendmicro.com/
KeyScrambler – https://www.qfxsoftware.com/
ProtonMail – http://proton.go2cloud.org/SH1f
Authy – https://authy.com/
Google Authenticator – https://support.google.com/accounts/answer/1066447
Ledger – https://www.ledgerwallet.com/r/befe
Trezor – https://shop.trezor.io/[email protected]

ESSENTIAL CRYPTO RESOURCES

Recommended first option to buy Bitcoin/Ethereum:
Coinbase Signup Link – Get 10 FREE BITCOIN when you use this link to sign up for Coinbase and invest 100 – https://www.coinbase.com/join/57605a33b9140001c900020b

Recommended second option to buy Bitcoin/Ethereum:
Coinmama registration link – https://go.coinmama.com/visit/?bta51862&nci5343

Recommended exchange to buy Altcoins:
Binance signup link: https://www.binance.com/?ref11055137

Recommended hardware safe:
BC Vault link – https://bc-vault.com/shop/bc-vault/?wpam_id22

Recommended hardware wallet:
Ledger Nano

Recommended 2nd hardware wallet:
Trezor Model T Link – https://shop.trezor.io/[email protected]

Recommended malware protection for computers and mobile devices:
MalwareBytes link – http://www.tkqlhce.com/click-8628825-12849560

Recommended encrypted email account for managing cryptocurrency accounts:
ProtonMail link – http://proton.go2cloud.org/SH1f

Recommended Crypto Tax Solution:
CryptoTrader link – https://www.cryptotrader.tax/?fp_refcasey80

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