Steemians how would it feel to lose all your Bitcoins, Ethereum, Steem, Shit coins etc? I'm sure it wouldn't be something we would be that fond of, but it is a HUGE problem that the whole crypto currency faces. Many early adopters of bitcoin have had a first hand experience of either having their coins stolen, or losing them....I'm not really sure which one would be worse, but I know both problems can be prevented!
How can this be prevented?
1. Never store your coins on a platform or a wallet that doesn't allow you to hold the private key. This means DO NOT hold your money in Coinbase, but instead move it over to wallet like Jaxx or Ethereumwallet.
^^WATCH THIS VIDEO ABOUT LOSING BITCOINS BY CEDRIC DAHL^^
Do NOT keep any coins on a centralized platform...Not smart a smart move.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good topic...security security security...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hardware wallets are the best option if you want to spend about $100 to secure your coins.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit