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Crypto Collective

#085 - How to Guard Your Crypto Like a Pro (And Avoid the Most Common Scams) 🚫 💸

30 Jan 2025

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Join Matthew's community for FREE and kickstart your crypto journey! Access the Crypto Kickstart Mini Course and expert strategies from a multi-7-figure investor: https://www.skool.com/matthewfraserIn this episode of Crypto Collective, host Matthew Fraser dives into the crucial topic of protecting oneself in the cryptocurrency space. With over 15 years of history in crypto, Matthew shares his insights on the common pitfalls and scams that have led many to lose significant amounts of money. He emphasizes the importance of understanding exchange security practices and offers practical advice, such as avoiding public Wi-Fi and steering clear of strangers who claim to help recover lost crypto. Matthew's mission is to equip listeners with the knowledge they need to navigate the crypto world safely and build real wealth. Looking to sign up to a Crypto exchange? I'm a big fan of SwyftX, use the below code to get $20 in BTC after verification—redeem it in the rewards section: https://trade.swyftx.com/register/?ref=fraser&promoRef=fraser_btc20 Follow Matthew:https://www.instagram.com/immatthewfraser/https://www.tiktok.com/@immatthewfraserhttps://www.facebook.com/immatthewfraser/Compound Interest App: https://apps.apple.com/app/id1509212588Referral link: https://trade.swyftx.com/register/?ref=fraser&promoRef=fraser_btc20Timestamps:00:00:00 - Introduction00:01:02 - Importance of Protecting Yourself in Crypto00:02:05 - Securing Your Private Keys00:04:11 - Using Hardware Wallets for Cold Storage00:05:58 - Regular Software Updates00:06:39 - The Importance of a VPN00:07:22 - Avoiding Public Wi-Fi00:08:17 - Verifying URLs and Apps00:09:22 - Understanding Exchange Security Practices00:10:27 - Transferring Bitcoin Off Exchanges00:11:31 - Setting Up Transaction Alerts

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