IT IS NEVER TOO LATE TO SECURE YOUR TOKENS

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It may not the first and I do not want to be the last man standing about getting my account hack on the world wide web. I read many stories of hivers losing everything. Scammers do not have to go far to get your tokens. Just a click and you can see everything vanish before your eyes.

Usually human error and lack of focus could be the culprit on any loss. Either you allow it to happen or they find a negligence from your setting. Either way you are a t fault and you lose.
After reading many posts about @belemo situation, I have to act. I did receive today my #ledger nano X and immediately I start the setup.

As you can see in the picture, I did most of the steps to get going. It is new technology for me and I have to learn fast. When you know the importance of being your own bank, you will make your due diligence to secure your earnings.

Hive is growing in value lately so it is more than ever to keep an eye and see how to stay safe. I think the minute Hive is touching the dollar value and rising, all eyes will be on us. I think it is important to talk more about what can happen so we can protect our earnings the best way possible. There is a way to put Hive in the ledger as well. I have to look and see how to get it done.

I know it is not safe to share your secret words to anybody. I have to say you need at least someone you can tell where you have your tokens. If you fall into coma, your tokens will fall also with no way for your family to dig for them. While being your own bank is very independent, you could cause big problem if your lost your way around.

While safety is primordial, try not to go too deep or secret where you could not be able to share what you have with your love ones. I think this part is essential as you grow your pile in the blockchain. Education is another milestone when you involve in crypto. You know crypto, make sure your kids, wife, husband have an idea of what you are doing.
After all why own the world and you cannot share it with anyone?
Keep vesting in yourself.

Posted Using LeoFinance Beta

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21 comments
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Good publication, friend, that must be a very frequent question that many Hivers should ask ourselves, have our tokens safe but at the same time also give the opportunity to have access to our savings in cryptocurrencies in case of any accident.

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Glad to see you took conscious steps to secure your wealth and it's a good step because currently we are our own bank.

You are right about sharing our Wealth with the people we love, we should endeavor to make them aware of all our obsession with Blockchain and how they can benefit from this obsession too whether we are there or not.

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It is a no brainer situation going forward.
Life could be fun and short at the same time.
Better be prepared for eventuality.

!BEER

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Yes, preparing for eventualities is what all humans should do. Thanks for the beer, sir. 🍺

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Question for you please, so, this device is brand new, did you still have to update this firmware device?

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So far I cannot get cubdefi to work.
Still learning. So much to get into in order to run
your hardware wallet.
At least I got one and I will take the best out of it.

!BEER

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(Edited)

Good stuff mate. I'm expecting mine in a couple of days. I got the nano S.

If I had done this earlier, I'd not have lost money.

Better safe than sorry.

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I had received it.
I did play with it but I am unable so far
to interact with Cubdefi.
I will ask question on discord to deal with smart contract.
Take care mate.
!BEER

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I am seeing a lot of people starting up hardware wallets and I am sure I will do so in the future when my holdings are big enough. I just don't see the rush given my current Defi investment.

Posted Using LeoFinance Beta

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It is something to consider knowing the abundance is near
while scammers are alive and well knowledgeable than many of us.
This is a step where the importance resides with info to know how to use a hardware wallet.
It is not that piece of cake to say the least.
It is important for security.

!BEER

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It is a shame that it took some tragedy for many of us to get serious about blockchain security, but it is better late than never and we really need to secure our assets so we don't lose huge gains in a potential boom

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Yeah! Indeed it is.
Still we need to carry on and keep eyes open not to click anything on the screen.
I do not want to fall into stuff like that.

!BEER

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there's going to be some kind of new solana/brave/bat mobile wallet, keeping an eye out for that... saw brendan eich talk at the solana cnf from portugal

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Just like we have thousand of tokens
I guess we need hundredth of hardware wallet.

!BEER

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