💰 Lifehacks to protect your crypto
Crypto can be stored in two ways, custodial and non-custodial:
🔓 When it comes to the custodial method, everything is clear; basically, it's a bank, but worse because there are weak regulations in crypto.
🔐 When it comes to non-custodial ways of storing crypto, everything is more interesting because, in this case, you are responsible for your funds yourself.
Here are five tips on how to organize your crypto wallets 👇
🔹 Always have separate wallets for different activities. This way, you increase the chances that you won't have 100% of your crypto stolen one day.
🔹 Have a separate wallet for activity in decentralized applications. This wallet will be at risk of interacting with smart contracts, while others will not.
🔹 Have a separate wallet that you use exclusively for storing funds. This wallet should not interact with any applications and should only work in "deposit/withdrawal" mode.
🔹 If you are into on-chain madness and actively trading memecoins while using dubious resources, then create a separate wallet for these activities and only use that wallet for them.
🔹 All of the above wallets must be organized with a physical hardware (cold) wallet. You can read more about what it is in my previous post.
📌 Save for later and be safe
