Security-vs- Convenience: The Tradeoff
So, you’ve caught the bug that’s spreading like wildfire. You want to invest in cryptocurrencies. You aren’t phased by the extreme swings of asset values or the lack of consumer protection. If you’re ready to take the gamble on digital money there is one more risk to consider before taking the plunge. Crypto assets are particularly attractive to hackers because they can steal them anonymously. For a clever cybercriminal, they present opportunities where the rewards can outweigh the risks. So, what should you do to safeguard your money? Don’t leave your assets on a cryptocurrency exchange When you first buy cryptocurrencies, you will need a place to store them. Many take the easy route and keep their coins on the exchange they...
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