There are many pitfalls one can easily get caught in when using, storing, investing or trading cryptocurrencies. While some mistakes could cost you a fortune, most of the common ones can easily be avoided. Bitcoin.com has produced a video featuring the top seven deadly mistakes crypto owners should avoid.
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Common Mistakes for All Crypto Owners
Bitcoin.com has released its latest installment of the “top lists” video series. The video, entitled “7 Deadly Crypto Sins You’ll Want to Avoid,” highlights seven of the most common mistakes crypto owners could fall for with explanations of how they can be avoided. Some are aimed at all crypto owners and uses while others are more for investors and traders.
One of the top mistakes featured in the video is not backing up your wallet. “If you lose access to your private keys due to loss, theft, or damage, you lose access to your money, and it’s lost forever,” the video describes. A device…