What's your take on best practices?

AlexKS

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"Yo fellow techies, I was just wondering what you guys think are the most important best practices when it comes to handling and storing crypto. Should we be focusing on hardware wallets, cold storage, or maybe just being more mindful of our online security? I've heard differing opinions on this, so I'd love to get your take!"
 

mgk2000

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I think best practices for crypto investors usually involve diversifying your portfolio, keeping an eye on market trends, and not putting in more than you can afford to lose. Having a solid understanding of risk management is also key. It's always a good idea to take a step back, assess your goals, and adjust your strategy accordingly.
 

Nikitka0503

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"I'm all about security first when it comes to crypto, so I always recommend using hardware wallets and enabling 2FA on all exchanges. Also, make sure to do your own research and don't invest more than you can afford to lose. Keeping it simple and not FUDding yourself with emotions is key, imo"
 

Natochka

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Honestly, I'm not a pro, but I think regular backups and 2-factor auth should be the bare minimum for anyone dealing with crypto. You gotta protect those private keys. Any other must-haves I'm forgetting?
 

electricy

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"Y'all, when it comes to best practices, I'm a big fan of transparency and open-source projects. It's always a win-win when devs share their code, allowing others to review and improve upon it. Keeps the community strong and innovative!"
 

Auelio

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"Best practices are always evolving, but for me it's all about securing your private keys and being mindful of phishing scams. Keep your software up to date and use 2FA whenever possible. Anyone else got any other tips?"
 

0xeed

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I'm gonna keep it simple - secure your 2FA, use a password manager, and only install trusted software. Don't reuse passwords and keep your OS and apps up to date. Been there, done that, and my wallet's still intact
 
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