Interesting Advice on how to understand Crypto Security. I hope we all do 2FA for our well being and mental health. Not to lose out.

You've already lost all your crypto...
Due to silly mistakes, users lose $18 million every day!
I spent months understanding crypto security.
If I knew this before, I wouldn't have lost $100K.

⚹ As the market grows, there are more and more instances of hacks and user fund losses.
⚹ One of the latest HIGH-PROFILE events was the hacking of an OKX account belonging to a crypto enthusiast.
⚹ The amount of funds lost was around $11M in just 25 minutes.

⚹ To avoid becoming a victim of such events, you simply need to not neglect security.
⚹ Even basic security methods will show significant results.
⚹ I want to share with you 7 tips that can protect you from losing funds and various hacks:

• 2FA
⚹ The most basic and effective way to protect any account is two-factor authentication.
⚹ Always set up 2FA through Google Authenticator since SMS to phones have several vulnerabilities.
⚹ It was precisely for this reason that the account mentioned above was hacked.

• Preventing Drain Contracts
⚹ A common cause of fund loss is signing scam transactions that drain their wallets.
⚹ A good solution for protection is the extension
⚹ It emulates the transaction and shows you the result - if something is sent from your wallet, that's a red flag.

• Disable Synchronization
⚹ Your files can automatically sync to the cloud without you even knowing.
⚹ Check the synchronization settings for iCloud and OneDrive, and if something important was synchronized, delete those files from the cloud.
⚹ This way, your files cannot be accessed through a simple cloud hack.

• Storing Seed Phrases/Private Keys
⚹ A common mistake is storing such important data in the cloud or accessible files on the computer.
⚹ After the first hack or leak, you will lose all your savings.
⚹ Ideally, store such files on encrypted flash drives.

• VeraCrypt
⚹ An application that allows you to perform various encryption options:
• Create a container by encrypting a specific area on the disk.
• Encrypt the entire system.
• Encrypt an external drive/flash drive.
⚹ If you do not want to store files with seed phrases on a flash drive, at least create a container and put all the files in it.

⚹ Ideally, you should encrypt the flash drive and transfer the files to the flash drive while your computer is offline.
⚹ No one can access your files without entering the password.
⚹ Therefore, I recommend creating passwords of 20+ characters, including uppercase/lowercase letters, numbers, and symbols.

• Wallet Passwords
⚹ Few people create strong passwords for their wallets in extensions.
⚹ This is wrong because if someone gains access to your PC via remote access, your wallets will be drained by simply guessing the password.
⚹ Create passwords based on the principle from the previous tip.

• Antivirus
⚹ A very basic method of additional protection that almost everyone neglects.
⚹ It's not a panacea, but it will make your device more secure.
⚹ Do not skimp on purchasing a licensed antivirus, as crypto does not forgive mistakes.

ᗒ That's all for today
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