Oh my god, this is too tragic😭 More than 1 million just gone!

Prepared more than 1 million yuan for the airdrop, but it was all stolen? (More than 1 million yuan in RMB) Just because he ignored this matter.

My friend's coins were stolen a few days ago, just post the picture!

I don't know if you understand it? Because he was making a system, the people who made the system knew a little about the currency circle, installed Trojans and so on, and didn't even keep the handling fee, and took it all away!

I feel sorry for my friend for 10,000 seconds, and at the same time remind everyone, when making a system, don't reveal that you are speculating in coins, and don't make close friends! I have also had theft experience! Remember, believe in character, but don't ignore human nature!

I was stolen many times, and I remember 2 times vividly: the first time was when I downloaded the wrong software in the group; the second time was when I added friends in the currency circle on QQ, and all the mnemonics were sent to QQ.

As old fans, you should have seen this incident. So as newcomers, what problems should we pay attention to? Below I have compiled a beginner's guide based on my experience for reference only.

Investing in cryptocurrency may be a new and somewhat complicated thing for many people. If you are a novice, here is a detailed and simple guide to take you step by step to safely start your cryptocurrency investment journey.

1. Choose a reliable cryptocurrency exchange

1. Research and choose an exchange:

First, you need to choose a reliable exchange. Here is the first choice in the universe: Binance. Pay attention to the following points when choosing:

Reputation and security: Check the reviews of other users and experts to ensure that the exchange has a good reputation and has no security issues.

Regulatory compliance: Choose a regulated exchange so that your rights and interests are more protected. Check whether the exchange is regulated by the government or financial institutions.

Fee structure: Understand the charges of the exchange, including transaction fees, withdrawal fees, etc. The charges of different exchanges vary greatly. Binance has completely passed the test of the above issues and has never had any problems. So you can use it with confidence

2. Register and verify your account:

Create an account: Visit the exchange website, click Register, and fill in your email, password and other information. Verify your identity: Most exchanges require you to perform identity verification (KYC). Upload a photo of your ID and complete other verification steps to ensure your account security.

3. Enable security measures:

Two-factor authentication (2FA): Enable 2FA to increase account security. Generate dynamic verification codes with Google Authenticator or other security applications. Set a strong password: Use a strong password and do not reuse the same password on other websites.

2. Research potential investment options

1. Understand different cryptocurrencies:

Bitcoin (BTC): As the first cryptocurrency, Bitcoin is widely accepted and recognized, with relatively low volatility, but still has high growth potential. Ethereum (ETH): Not only is it a cryptocurrency, it also supports smart contracts and decentralized applications (DApps), and occupies an important position in blockchain technology. Other cryptocurrencies: There are many other cryptocurrencies, such as Cardano (ADA), Solana (SOL), Polkadot (DOT), etc. Each coin has different technical characteristics and application scenarios.

2. Research project background:

White paper: Read the project's white paper to understand its goals, technology, team, and development plan. Team background: Investigate the background and experience of the project team to ensure that the team has the ability to achieve the project goals. Community and social media: Pay attention to the project's social media to understand the community's feedback and support for the project.

3. Analyze market data:

Price history and volatility: Check the price history of cryptocurrencies to understand their volatility and historical performance. Market capitalization and trading volume: Cryptocurrencies with high market capitalization and high trading volume are generally more stable and easier to buy and sell. Technical analysis and news: Use technical analysis tools and follow relevant news to get more market information.

III. Store cryptocurrencies safely

1. Choose the right wallet type:

Hot wallets (online wallets): such as exchange wallets or mobile wallets. Suitable for frequent transactions, but less secure and easily hacked. Cold wallets (offline wallets): such as hardware wallets and paper wallets. High security, not easily hacked, suitable for long-term storage of large amounts of funds.

2. Set up and use wallets:

Download and install wallet apps (for mobile wallets or computer wallets). Generate and back up private keys: Private keys are the only credentials to access cryptocurrency. After generating private keys, back them up immediately to a safe place and do not disclose them to others. Use of hardware wallets: If you choose a hardware wallet (such as Ledger or Trezor), follow the instructions to set up the device and back up the recovery seed.

3. It is also very safe to put funds in the exchange. For example, I often put them in Binance Exchange.

4. Safely store cryptocurrencies:

Dispersed storage: Do not put all funds in one wallet to spread the risk. Regular checks: Regularly check the wallet balance and transaction records to ensure that there is no abnormal activity.

Summary

By choosing a reliable platform, conducting in-depth personal research, ensuring safe storage, and developing a wise investment strategy, you can safely start your cryptocurrency investment journey. Careful planning and execution, otherwise the hard-earned money will be taken away by others again! !

Have you ever been robbed? Do you have any experience on how to safely store the money you earn?

#StartInvestingInCrypto

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