How I Got Scammed Out Of Over $6,000

Cryptocurrency scams are rampant. Real or Fake Token? Think about the many fake ICOs, unregulated exchanges, paid online shills, and celebrity Twitter impersonations. It seems everyday there is a new hoax and with that comes a lot of duped investors. I fell victim to one myself. In early 2018 I participated in a Telegram group, discussing promising crypto projects and…

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How To Get Started With A Paper Wallet

A paper wallet is an offline method of storing Bitcoins with the public address and private key printed on a piece of paper. Keeping your cryptos on an exchange is never a good idea. Due to hacks, scams, and other malicious reasons you should never keep your coins on an exchange except if you are looking to day or swing…

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How To Get Started With MyEtherWallet

MyEtherWallet, or more commonly known as MEW, is a tool for creating Ethereum based wallets for the storage and management of ERC20 tokens. It is sometimes mistaken for its competitor, MyCrypto, which is also a free, client side interface, software tool that serves the same purpose. MyCrypto is actually a spun-off or fork of MyEtherWallet, after a dispute between the…

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How To Get Started With Gemini

Gemini is a digital cryptocurrency exchange and custodian founded by the Winklevoss twins in 2014. The name is derived from Project Gemini, the human spaceflight program that was launched by NASA. The web site shows a rocket launch and an astronaut ready for flight, a clear nod to the aerospace influence on its nomenclature. On Gemini you can convert us…

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How To Get Started With A Hardware Wallet

A hardware wallet, just as its name suggests, is an actual physical Bitcoin wallet where the private key is stored in the device.  Because the wallet is disconnected from the Internet it is secure from any hacks and malware/viruses.  Hence, storing your coins in a hardware wallet in offline or cold storage is highly recommended. Two popular hardware wallets that…

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How I Lost Over $500,000 In Cryptocurrencies

Free fall just like cryptos October 2017 was when I first got interested in Bitcoin. During this time it seemed like most news outlets were covering it. Everybody from hedge fund heavyweight Mike Novogratz, venture capitalist Tim Draper to online personality and security expert John Mcafee were giving wild projections of what Bitcoin price would be in a few years.…

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