Bitfury stock - COMMON WAYS YOU CAN LOSE YOUR BITCOIN - AND HOW TO AVOID THEM! (Bitcoin Elementary S

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Published Jan 4, 2020

Bitcoin gives us self-sovereign money (it's a bearer asset), but with that comes great responsibility to invest, manage, trade, and store it properly as not to lose all your Bitcoin in some way or another. In terms of threats to your Bitcoin, there are a few different categories: external and internal threats. External being other entities take your coins away. Internal meaning that your own actions actively made you lose those coins. Also Adriaan makes the distinction between voluntary (where you give your coins away voluntarily to something that makes you lose them) and involuntary (where an entity forcefully takes your coins away from you against your will). In this video, Adriaan will cover all the different types of threats and also teach you how to stay safe and some good principles to follow when investing in Bitcoin.

Common scams: https://www.bitcoinforbeginners.io/cryptocurrency-guide/common-cryptocurrency-scams/

10 commandments: https://www.bitcoinforbeginners.io/cryptocurrency-guide/crypto-investing-commandments/

Guy losing 200 BTC trading: https://www.reddit.com/r/BitcoinMarkets/comments/7s8umm/how_i_lost_nearly_200_btc_trading_this_past_month/

CryptoCanary site: https://cryptocanary.app/

#Bitcoin #Threats #Security