How User Errors Spell Irreversible Losses—and How to Avoid Them
In the fast-evolving world of cryptocurrency, the allure of high returns often overshadows the critical importance of security. Yet, for investors holding significant crypto assets, the reality is stark: a single misstep in wallet security can lead to irreversible losses, wiping out fortunes in seconds. As the value of digital assets soars, so does the sophistication of threats targeting individual users. This article unpacks the most common user errors in crypto wallet security and offers actionable strategies to safeguard high-value holdings.
The Hot Wallet Trap
One of the most pervasive mistakes among crypto investors is the use of hot wallets—online wallets connected to the internet—for long-term storage. While convenient…
