Thread by @holdmyledgerDAO

What should you be careful about while using a #Crypto wallet ⁉️

Crypto wallets - The dos and don'ts
A bite-sized guide 🧵

1/ Do not use the same wallet for everything 👽❌

People keep separate bank accounts for savings and small expenses like #Online shopping.

✅ Just like that, having separate wallets for storing and spending your #cryptocurrencies is a really good idea 😎

2/ Do not store all your #cryptocurrencies in one place 👽❌

✅ One of the best ways to reduce risk is diversifying by using multiple wallets to spread your risk.

3/ Check and recheck addresses before a transaction ✅

#cryptocurrency

4/ Don't keep large amounts you cannot afford to lose on wallets 👽❌

While everyone loves the convenience an internet-connected wallet offers, significant amounts need significant protection 🚀

✅ A wallet disconnected from the internet is the best option for this 😎

5/ Do your own research while choosing wallets ✅

Learn more about the wallet you plan to use to store your hard-earned #cryptocurrencies

instead of simply choosing a wallet that is listed at the top of the #Google search results.

6/ Do not share your private keys👽❌

Some things are meant to be kept as a secret 🔒
As the name suggests, your private keys are one (or many) of those ✅

Beware of scammers asking for your private keys for transactions 👽

#cryptocurrency #Blockchain