You are viewing a single comment's thread from:

RE: Custodial Comforts in Crypto Can Be Dangerous

in LeoFinance3 years ago

All of those tips are great. I haven't really started using cold storage yet since most of my funds are currently not in crypto. Its to be expected that leaving your crypto in the hands of an exchange is dangerous because they don't even insure your loses. I will definitely have to look more into it so I have a better idea in the future.

Posted Using LeoFinance Beta

Sort:  

I think its a mindset shift so companies have already realised how profitable data is but the average consumer has not since crypto is just data they treat it as they would files on a google drive instead of like a bearer asset that holds value.

I treated it the same when I got in because it wasn't worth that much but since then BTC has more than 10x's since I got in and those same 0.01's are now worth a lot more and it gets you thinking hmmm perhaps I need more security since people are going to want this thing I own

Posted Using LeoFinance Beta