Thread by @petergyang

According to Reddit, here are the 9 best life hacks for buying cryptocurrencies that everyone should know about...

1/ Triple check all addresses before sending any coins from one place to another.

One wrong character and all your money could be lost.

2/ Remind beginners that they can buy less than 1 bitcoin.

In fact, the smallest amount is 0.00000001 btc.

3/ Don't keep all your funds on a single exchange or wallet.

If you lose access for any reason, you'll lose everything.

Use at least a few.

4/ Make a second wallet if you're connecting to a new platform that you're not familiar with.

"So many people connect their main wallets and get their funds drained." (aka phished)

More here:

https://twitter.com/petergyang/status/1453377767249121282?s=20

5/ If your crypto is on an exchange where you don't own your keys, you should secure your account by:

1. Whitelisting withdrawal addresses

2. Enabling 2FA

6/ Avoid FOMOing into new coins.

"Almost everything that I wanted to FOMO in gave me a second chance to enter at a lower price."

7/ Never dump an entire bag, HOLD at least 15%, no matter what.

(This is kinda questionable imo but seems to apply to meme coins that are dog related).

8/ A random list:

1. Get @Brave to earn BAT
2. @Gemini has 10 free withdrawals/mo
3. Transfer using XLM, Algo, Matic
4. Look at the spread while trading
5. @Coinbase Pro fees are lower
6. Stake when you can
7. Do your own research

9/ Last but not least...

Buy BTC and ETH.
Delete Reddit.
Wait 10 years.

Ok don't delete Reddit.

Full thread here:
reddit.com/r/CryptoCurren…

10/ We're writing a beginner's guide to cryptocurrencies, subscribe here to get it when it's published:
creatoreconomy.so