New to Crypto? 3 Quick Rules
Crypto is like magic. From the first time I transfered a digital currency from one wallet to another or exchanged one token for another, I was hooked and fell deep down into the rabbit hole. Eventually, I found my way here: Steem. I will post from time to time on things crypto-related and lend my perspective.
To start, I will share 3 quick rules:
- Keep safe. Beware of scams -- there's no such thing as free ether. And beware of any link you have an urge to click on. Use 2-factor or 2-step authentication. Use strong passwords and be careful with your private keys. Last, be careful typing in addresses when sending coins/tokens.
- Keep up to date. Just this week there have been more than a handful of shocking revelations from BIP91 saving bitcoin from forking to the Bitcoin Cash team forking bitcoin anyways to exchanges not supporting Bitcoin Cash. Oh, and the SEC did a drive-bydropping off a report on the DAO and ICOs. Dont forget, AlphaBay and Hansa Market were taken down. Know the stuff or you could be prone to giving in to your FOMO or FUD. And that leads to...
- Control your FOMO and FUD. Beware of those posting on reddit and 4chan and all the other interweb chatrooms. No knows anything about anything, especially not future prices. I find that following reputable individuals and publications on twitter (check out my feed @Em2Oh) have been immensely helpful in understanding the space.
Welcome to Steem Community @em2o! As a gentle reminder, please keep your master password safe. The best practise is to use your private posting key to login to Steemit when posting; and the private active key for wallet related transactions.
In the New Steemians project, we help new members of steem by education and resteeeming their articles. Get your articles resteemed too for maximum exposure. You can learn more about it here: https://steemit.com/introduceyourself/@gaman/new-steemians-project-launch
Welcome to Steem @em2o I have upvoted and sent you a tip
Welcome to Steemit @em2o, I have upvoted and sent you a tip. Check my blogs if you are looking for tips on how to earn more Steem and SBD.
Welcome!!
We have slightly similar names....I guess though, for very different reasons!
Sounds like you know a lot more than I do about crypto...but I'm learning!
Here is the Welcome page if u havent seen it yet.....and check into MSP/PALnet after you have settled in and write a post or two.
https://steemit.com/welcome
Thanks for the upvote. You can also check out my twitter @Em2Oh.
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That's very good advice. You get my upvote!
Appreciate the vote. You can also check out my twitter @Em2Oh.
Welcome here @Em2o! Nice post, i will follow your account, please follow me!
Welcome to Steemit! You will rock here! Followed. Follow me back 😘
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