Let's look at the various best practices to be followed to safeguard your assets if you want to be a revered cryptocurrencies investor or a person that wants to trade in cryptocurrency. Let's look at them very quickly in the following diagram:
Let's explore all the practices mentioned in the preceding diagram:
- Secure your private keys: Any typical Bitcoin transaction needs your private key to unlock its Bitcoin outputs or its value. Bitcoins are stored in wallets. These wallets are collections of public and corresponding private keys, where the public keys are represented by the Bitcoin address. If your ...
