Getting Into Crypto: Do's and Don'ts

Learn the essentials of cryptocurrency trading and investing that you need to stay safe and make informed decisions.

If it seems to good to be true then it is most likely a SCAM!

Do's

Do Your Own Research (DYOR)

Before investing in any cryptocurrency, make sure you understand the project, its team, its use case, and its potential risks.

Reputable Exchanges

Only use reputable major exchanges. If you don't know what you are doing perhaps check with a major brokerage firm and see if they offer ETF investments.

Secure Your Assets

Use strong passwords, enable two-factor authentication (2FA), and store your cryptocurrencies in secure wallets, preferably hardware wallets.

Stay Educated

The crypto market is constantly evolving. Stay updated on industry news, regulations, and technological advancements.

Reported Scams

Don't Send Her Your Crypto Song

YouTube Video

Don'ts

Don't Invest More Than You Can Afford to Lose

Cryptocurrency is highly volatile, and you could lose a significant portion, if not ALL, of your investment. Only invest what you're willing to lose.

NEVER give out your passphrase

Never, ever, EVER provide your passphrase! EVER, not even to "tech support".

Don't Fall for Scams

If it sounds too good to be true, then it IS too good to be true! Be cautious of projects promising guaranteed returns or asking you to send funds for investment. Always verify the legitimacy of exchanges and projects before engaging.

Stranger Danger!

No DM from a WhatsApp, Telegram, Dating site and etc user is trying to help you make money, they JUST ARE NOT. Avoid these people!

Recovery services are a scam

Currently there are no known valid recovery services, these are most likely a scam as well!

Stay Protected

Use best practices and stay vigilant to avoid falling victim to crypto scams.

Crypto Shield Padlock