Not Your Key, Not Your Coin

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This is so true and a thing that make us more Concern about our crypto coins. This writing concept came to my mind when I was checking the verified X social media account of bitcoin. The bio section catch my attention where it was written that bitcoin is virtual gold and the title I've decide to discuss in this blog.

This forced me thinking about the importance of our key. Unfortunately I've experienced key losing issue once and I just wish this was my first and last worse experience when I'm active with crypto industry. Sometimes we can get good reminders and concept when we scroll in social media and checkout profiles of wise individuals and industries.

Whoever wrote that, not your key, not your coin remind me to be careful about keys and save coins in different wallet and all keys and phrases are saved as I can decode them only. This is a smart way to save our keys and coins and this can be saved even in multiple saving spaces though over concerned people often make mistake on saving so discovering our own way to decode our own keys or passwords safely can be a smart way.

Most of the blockchain platform gives us keys that we can't remember and we can add our own letters and characters with it that we only know that what we added and what should be the key actually and this way if somehow someone hack our personal drive can't decode the technical password or key we generated our own and only we know the actual for of the keys or passwords. This is my personal concept of saving keys there are many ways to save keys with tight protection by genius people.

If someday I'll have a big amount of bitcoin or some other crypto coin then I'll split them to my multiple wallets with different keys and this way I'll be able to save my coins and beside that I'll try my best to stay safe from any kind of fishy link or browsing a new site from the browser or device I use for sign in my wallets where my crypto coins are saved.  Using different browsers for login can be another smart idea. The most safest way can be stay calm when you have decent amount of crypto coins in your wallet,  if you show off more then scammers will target you very easily and it happened to me.

This year I created NFT and shared them in my Twitter account,  some scammers target me and planned a trap to grab my coins so they created a fishy link and successfully trapped me and the scam experience snatched away my earning of around two years. It still hurt me and it will until I will be able to recover my crypto coins. Anyway,  I got a good reminder to share so sharing this with you all too.

Thanks For Stopping By!! 

Regulation and Society adoption

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