This is how to recovery your trust wallet recovery phrase incase you forgot to write it down somewhere safe in the first place or you can’t remember them again. #crypto

RT for others to learn
Step 1: you need to open your trust wallet app and tap on settings

Step 2: in the settings screen you’ll see “wallets” at the top. Tap on it to display the wallets that you currently have.
Step 3: open the wallet settings

If you already have several wallets created, this is how it would look like.
To access the settings screen for the Wallet that you want to Backup, tap on the i symbol beside it.
Step 4 -Tap on Show Recovery Phrase to display your recovery phrases.

Note : The recovery phrase is encrypted on the device and even the Trust Wallet team cannot access this.
Step 5 : now that you’ve reached your destination, carefully back up your code to a cloud storage or write it in a piece of paper. You can also save the QR code for convenience, but you also need to keep it safe as well as anyone who have access to it can get your 12-word codes
While you are at the Recovery Phrase screen, you can tap on Continue to verify that you have correctly saved the words. Putting them at a wrong order will result to an error. Put the words in correct order and then tap on Continue. Stay #SAFU

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More from @thegreatola

28 May
How to quickly revoke the BSC addresses authorized to spend your tokens with Trust wallet.

RT for someone on your TL. #Crypto #bsc
If you’ve granted permission to your Bsc wallet on TW either for airdrops, token swap, liquidity pool or staking. In case you were not aware, many of these permissions that you grant tend to remain active for a long time & in most cases permanently.
Follow these simple steps to secure your wallet and revoke access to your trust wallet, so one can spend your tokens.

Go to your dapp browser on trust wallet , like frame.

Insert “ allowance.beefy.finance “ in the navigation bar at the top.
Read 8 tweets
15 May
As a newbie in #crypto you’ll struggle with a lot of stuff.

This thread is on resources to help you navigate the ecosystem and make sure you invest on the right crypto currency.

RT FOR OTHERS 🧵🧵
First, this isn’t going to be easy. So prepare your mind to study every given links or resources to help you sharpen your trading skills.

Before you need to understand what Bitcoin, crypto currency is & what’s driving the craze

Watch this 👉🏾
For most people in this past of the world we use “Binance” app to trade. Lately there is an issue with their verification process, so most people are not able to verify their account well.

Don’t worry tho, you can still trade (buy / sell) with it, just that you can use p2p.
Read 12 tweets
6 May
New to #crypto ?, this is how to DYOR (do your own research) on any coin before you hop on it 🧵🧵

RT FOR OTHERS
First you need to download all these apps you have here.

There are the tools you’ll need for your fundamental & technical analysis
- go to coin market cap and type the name of the coin you want to research on.

- it will bring out data like you’re seeing in the frame 2 & 3. Read them and the attached links

At the end you’ll have an idea of what the coin is about, where to buy and the likes.
Read 11 tweets
26 Apr
FOMO is fear of missing out. When you see other people enjoying something, you too want to be part of it, so jump in so as to not to be left out. That’s fear gripping you, fear of missing out on opportunities

FOMO might drive you to buy into a coin, not take profits on a coin.
Or you don’t set stops on a coin that has done crazy numbers. This is an idea you’ve in your head that the profit will continue to go up or waiting for a possible reentry will result in you missing out. This fear of missing out is what causes people to buy at the top or...
... hold during a dip after making profits (only to lose some or all of their profits again). People can be said to get FOMO when they act on impulse due to the fear of missing out.
Read 4 tweets
23 Apr
Is #HODLing better than trading #cryptocurrency ? 🧵

Read this 👇🏿👇🏿

First, HODL is a purposeful misspelling of “hold” that implies holding on for dear life through crypto’s ups and downs. It’s a very good advice, but very hard to pull off through 40-80% price corrections.
HOLDing through 40% – 80% corrections takes a level of grit most people don’t have… and 40% – 80% corrections are common in crypto.

It’s like what you’re seeing right now in the market. Some will sell at this point bcos they can’t stand the loss
HODL simply means to buy & hold #cryptocurrency. For someone that’s new into #cryptocurrency, HODLing is much a better strategy than trading bcos of the risk. Just buy & hold it till price goes up and you can sell. This strategy can also be hard for newbies to execute. Why ??
Read 13 tweets
20 Apr
5 mistakes traders make in crypto currency trading;

1.They want quick money

They’ve zero patient in them & they immediately want to make $$$M amount of money in a short while. Build your profits slowly, start with lil achievable goal with good time frame.
2.Over trading

don’t enter into even trades bcos you want to make money quick. It’s not everything you need to trade. You should only be trading one trade a day maximum. Not more than one trade a day. If it ends in profit great, if it doesn’t end in profit great.
3.Don’t trade with every single penny if you have.

You’ve $10k in your wallet and you want to buy xxx coin with big lot size so you make big profit.

Trade with only what you can afford to lose. Not like you’re going to lose if your setup & strategy is good. Set TP
Read 6 tweets

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