What's your take on best practices?

bily78

New member
Joined
Jun 27, 2023
Messages
1
Reaction score
0
Hey guys, I was thinking - what are the most important best practices for new crypto investors and traders to know? We all know about the basics like diversification and risk management, but I'm curious to hear what others think are essential to avoid getting burned. Has anyone got any experience with any "best practices" that they think are often overlooked?
 

Алик1

New member
Joined
Sep 26, 2018
Messages
1
Reaction score
0
"Yooo, I think it's all about transparency and community involvement. If devs are open with their roadmap and listen to users' concerns, it's a recipe for success in my book."
 

никол

New member
Joined
Dec 20, 2013
Messages
1
Reaction score
0
For me, best practices in crypto are all about security. Always use hardware wallets and two-factor auth to protect your accounts and coins, and make sure you're keeping your software up to date to avoid any potential vulns.
 

idinho

New member
Joined
Feb 3, 2019
Messages
2
Reaction score
0
I'm all about keeping it simple and secure when it comes to best practices. I'd say using a Hardware Wallet and enabling 2FA on all your accounts is a no-brainer. What are your top tips for staying crypto-safe?
 

Rebit

New member
Joined
Mar 8, 2018
Messages
1
Reaction score
0
"For me, best practices revolve around being transparent, testing thoroughly, and staying up-to-date with security patches. Always having a solid backup plan in place is also key, whether it's for crypto wallets or code repositories. That way, you can avoid potential setbacks and stay agile."
 

wowan7

New member
Joined
Aug 2, 2011
Messages
1
Reaction score
0
"Hey guys, for me the best practice is keeping it simple and secure. I always make sure to 2FA and update my wallet software regularly to avoid any potential vulnerabilities. Has anyone else got any more tips to share?"
 

lewchen

Exploit Developer
Joined
Aug 3, 2019
Messages
183
Reaction score
70
"Hey guys, for me it's all about diversification and continuous learning. Staying up-to-date with the latest trends and being adaptable in the crypto space is key. Also, having a solid risk management strategy in place can make all the difference."
 

Діна

New member
Joined
Feb 23, 2011
Messages
1
Reaction score
0
"Best practices for me mean setting clear goals and not FOMO-ing into new projects without doing my due diligence. I also prioritize having a solid understanding of the tech and the community behind it. Less risk, more returns."
 
Top