3 Ways To Keep Your Crypto Safe

 Ever seen a message like this?

 

Scammers send out thousands of fake messages like this every day, and many people fall for them and end up sharing their personal information with scammers, putting their crypto and security at risk.

The truth is that online scams are very common, and one of the reasons for that is because they're easy to orchestrate, but mainly because people fall for them. This is why it benefits you to familiarize yourself with the most common types of scams and how to avoid them.

 

 

Here are some good tips:

1. Never share your private keys.

No crypto company, NFT project, or Twitter personality should ever ask for your password, personal information, or private key. Ever!
 

2. Check website URLs.

Scammers will often build convincing “lookalike” websites at “.org” or “.xyz” domains that trick people into inputting their login credentials or personal information.
 

3. Keep passwords private.

Avoid taking screenshots of your private key, reusing passwords, or storing recovery phrases in obvious places – like on your desktop.

 

 

Some other places where you can find information about how to protect yourself from scams are search engines, like Google, and of course the video site Youtube. Don't neglect your security, it's important!

 

Take care and stay safe.

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What’s the future of cryptocurrency?

With the markets down 50% from their November peak, the question on everyone’s minds is:

Is this cause for concern?

Historically speaking, no, it is not.

Bitcoin and the crypto markets have suffered plenty of massive price drops since their inception. Each time, the market has recovered. When in doubt, zoom out.

 

 

What's Coming?

Beyond bitcoin, a number of exciting trends have gained steam in the past few months. Here are the three themes we have our eyes on:

1. Decentralized Autonomous Organizations. DAOs are entities with no central leadership. Decisions get made from the bottom-up via proposals with governance functions like voting performed by the community. DAOs usually organize around a shared purpose or set of values
2. Sustainability. One of the hottest topics for bitcoin advocates and skeptics alike centers on the crypto’s energy consumption. Want to do a deep dive into mining? Learn more by listening to this podcast episode that takes a deep dive into this topic.
3. DeFi. Decentralized Finance created a world of permissionless, blockchain-based financial services allowing for the lending and borrowing of assets without a middle man. DeFi has seen explosive growth, with currently over $75 billion of funds locked in a multitude of ecosystems. Expect DeFi to continue its rapid growth in 2022.
   

We are still early to cryptocurrency and its infrastructure is being laid out before our eyes.

There is still so much to look forward to in this space and we can’t wait to see what 2022 has in store.

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