How To Protect Yourself from Loss
- Make a backup of your private key and password. Do NOT just store it on your computer. Print it out on a piece of paper or save it to a USB drive.
- Store this paper or USB drive in a different physical location. A backup is not useful if it is destroyed by a fire or flood along with your laptop.
- Do not store your private key in Dropbox, Google Drive, or other cloud storage. If that account is compromised, your funds will be stolen.
- If you have more than 1-week's worth of pay worth of cryptocurrency, get a hardware wallet. No excuses. It's worth it. I promise.
If you lose your private key or password, it is gone forever. Don't lose it.
How To Protect Yourself from Loss
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