Ultimate Guide to Keeping Your Crypto Safe: 20 Point Guide everyone should follow! (Patreon)

Ultimate Guide to Keeping Your Crypto Safe: 20 Point Guide everyone should follow!

https://www.patreon.com/InvestAnswers #CryptoSecurity #SecuringYourCrypto #KeepYourCryptoSafe #20PointGuide Ultimate Guide to Keeping Your Crypto Safe: How to lock down your security 20 point guide. 0:00 RISKS (the biggest one is yourself) 0:30 Scammers Are Everywhere For more info, check out my video: 1:00 Remember the Golden Rule If it sounds too good to be true, it probably is. The Giveaway Scam over 130K views - rem it is always DEPOSIT FIRST AND THEN WE SEND YOU YOUR DOUBLE ETH :D 2:00 Watch Embedded Advertisements! This one surprised me embedded ad not a google ad - deposit 10 BTC and we give you 10 BTC - not sure if it is a total scam but I am 99% they will swindle you some way or another thru terms and conditions. PS Love Lyn 3:00 I will NEVER follow or reach out to you. This is NOT me. I am INVESTANSWERS on Instagram. 4:00 Step 1 Passwords The world is moving away from PWs Never use the same PW more than once PW Strength is VIP Password-crackers can rifle through 350 billion guesses per second. Use a random mnemonic generator to create a passphrase, 5:00 Step 2 Use 2FA Raivo OTP for 2fa. Have separate 2fa for sign in and a separate one for funding/transfers 6:00 Step 3 Use Google Voice For 2FA How do they get your SIM / One of the reasons SIM-swap attacks have been so successful is that many mobile phone carrier representatives are extremely easy to socially engineer. 6:30 Step 4 Social Media Be careful what you post online (esp how much crypto you have) Don’t let people how much crypto you own. 6:50 Step 5 Never Share Anything with Anyone Social engineers, people pretending to be apple or google or coinbase Eg Coinbase: you cannot reach customer support - do you think they have the time to call you? 7:20 Step 6 Never Let Anyone Control Your PC Remotely Turn off remote access to your computer 8:00 Step 7 Check for Cryptojacking Malware could be on your PC or phone. A quick list here on how to detect crypto-jacking 8:30 Step 8 Email Create a dedicated email for exchanges eg protonmail Dedicated Gmail on Yubikey Lockdown your email eg with a Yubikey Have a 2nd key or a passphrase (eg Google) 9:00 Step 9 Computer Dedicated computer for exchange trading Keep offline when not using Make sure you have updates turned on Don’t let kids / others use your dedicated machine Watch what Apps you download (Macs are far safer) Windows - older versions are full of vulnerabilities. Make sure you are not logged in as an Administrator (prevent virus’ from admin privileges) Make sure you have updates turned on - things like Java are notorious for vulnerabilities Never use open networks (eg at a cafe or restaurant) 10:00 Step 10 Open Networks 10:30 Step 11 Network Strong password for network router Wifi is ok but wired is preferable Use WPA or WPA 2 on router if wireless Make sure your router firmware is up to date Use a 3rd party DNS server (avoid phishing sites) Use a VPN 10:50 Step 12 Centralized Exchanges Centralized Exchanges like Ameritrade make sure they call you before any transfer happens Configure U2F technology if they have it If not use Google Authentication for CEXs Banks and CEXs are insured, Crypto Exchanges are not. Hence targets 11:00 Step 13 Hardware Wallet (Cold Storage) We are going to do a more detailed vid on this in the future 12:00 Step 14 Software Wallet (Hot/Desktop) eg Metamask Best never to store anything on a hot wallet eg Metamask But fine to use Metamask for transfers 13:00 Step 15 Risk Mgt: Transferring Crypto Do a small test first Check the blockchain Whitelist your address book When you make a transfer check the end address is the address you are sending to eg Ledger or Trezor it will show the address on the device 13:30 Step 16 Use Security Key Yubico’s Security Key YubiKeyGoogle’s Titan Security Keys Thetis’s FIDO U2F SoloKeys’s to lock down your crypto exchanges and email 14:00 Step 17 Enable Address Whitelisting 14:30 Step 18 Beware of Fake Wallets Famous ledger case - ledger customers now receiving fake wallets in the mail. Make sure you buy from reputable sources and have them mailed to PO Box 14:50 Step 19 Store Seed Phrases with Utmost Vigilance Seed Phrases are your coins!!!! A Bip39 seed phrase is that curious string of 24 words from which you can derive a private key. Meticulously record your steps, so your loved ones can recreate 16:00 Step 20 BE PARANOID