Three Major Mistakes That Cause People Buying Bitcoin and Cryptocurrencies to Lose a Lot of Money
They, therefore, think that they can leave their Bitcoins on these platforms without fear.
This is a fundamental mistake for two reasons.
First of all, until you have the keys to your Bitcoins or Altcoins, you don’t really own them.
For your cryptocurrencies to be really yours, you must repatriate them on a hardware wallet.
“Not Your Keys, Not Your Bitcoins (or Altcoins).”
The two weakest links being individuals and trading platforms.
I will then come back to the weakness that individuals represent in the cryptocurrency industry.
As far as the trading platforms are concerned, you have to keep in mind that the hacks who see hackers stealing millions of dollars in cryptocurrencies year after year essentially affect these platforms.