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Cryptocurrency Investment Guide - How Not to Lose Money Trading Bitcoin

Written By Ivan on Tech

Jun 06, 2020

As the public’s perception of Bitcoin evolves from former stereotypes as the currency of cybercriminals to a legitimate financial asset, wider acceptance will bring newcomers into the space looking to profit.

If you’ve been wanting to buy Bitcoin but aren’t sure how to go about it, or you’re nervous because you’ve heard stories about people losing all their money, then read on. 

Yes, Bitcoin has received more than its fair share of bad press from the mainstream, but a little education goes a long way in avoiding big problems. Bitcoin is an exciting space to be in, but before you jump in, just follow the steps below and you can save yourself time, money, and a lot of headaches. 

1. Secure Your Phone

Since you’ll be using your cellphone in at least some of your transactions, and since hackers have been known to steal Bitcoin by compromising cellphones, at the very minimum, you’ll want to do the following:

  1. Password protect your phone...
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