CRYPTO 101 Ep. 8 - What are Wallets and Should You Use One?
9 snips
Jul 31, 2017 Discover the fascinating world of cryptocurrency wallets and their importance for personal security. Through an engaging story, learn about the anxiety tied to losing access to your digital assets. Explore different types of wallets and why managing private keys is crucial for newcomers. The discussion highlights the parallels between securing your wealth and making deliberate efforts to earn income, along with surprising insights on holiday watch deals. Get ready to enhance your crypto knowledge and secure your financial future!
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Account Control
- Take total control of your crypto accounts.
- Use your own email and phone number for 2FA.
Grandpa's Hidden Cash
- Matthew Aaron's great-grandfather distrusted banks and kept cash hidden in his house.
- This illustrates a mindset similar to the control offered by crypto wallets.
Crypto as School
- Treat initial crypto investments as a learning experience.
- Experiment with small amounts to understand the ecosystem before investing larger sums.