What’s the best way to store cryptocurrency? In one sentence: self-custody—don’t leave your coins on an exchange overnight.
How many exchange blow-ups have there been? FTX, Mt. Gox—none of them weren’t brutal lessons. Buy a hardware wallet, use a steel backup for the seed phrase (and store them separately). A cold wallet is the real “home” for people in crypto. Keep only small amounts you’ll use right away in a hot wallet. And never touch sketchy mining pools/investment schemes that can go to zero at the drop of a hat. Hold your assets yourself—so you can sleep at night.
$BTC #Crypto
How many exchange blow-ups have there been? FTX, Mt. Gox—none of them weren’t brutal lessons. Buy a hardware wallet, use a steel backup for the seed phrase (and store them separately). A cold wallet is the real “home” for people in crypto. Keep only small amounts you’ll use right away in a hot wallet. And never touch sketchy mining pools/investment schemes that can go to zero at the drop of a hat. Hold your assets yourself—so you can sleep at night.
$BTC #Crypto
