Protecting your cryptocurrencies is not optional. Unlike a bank, you are your own security responsibility. A mistake, a false link, or a bad practice can mean losing everything with no possibility of recovery.
This article teaches you how to protect your cryptocurrencies step by step, identify common scams, and operate with greater peace of mind, even if you are just starting.
1️⃣ The most common mistake: thinking 'it won't happen to me'
Most crypto scams do not attack the technology, they attack people.
Scammers take advantage of:
The rush to “make money quickly”
Technical ignorance
Excessive trust in social networks or private messages
👉 Base rule: if someone rushes you, promises guaranteed profits or asks for data… it’s a scam.
2️⃣ Use secure wallets and understand the difference
Not all wallets offer the same level of protection.
Types of wallets:
Hot wallet: connected to the internet (apps, extensions)
Cold wallet: offline (hardware wallet, paper)
🔐 Best practice:
To operate → hot wallet
To store long-term → cold wallet
Never store large amounts in exchanges unless necessary.
3️⃣ Protect your seed phrase as if it were gold
The seed phrase is the master key to your cryptocurrencies.
❌ Never:
You keep it in screenshots
You send it via email, WhatsApp, or Telegram
You enter it on external pages
✅ Always:
Write it down on paper
Store it in a secure physical place
Have copies in different locations
Whoever has that phrase has your funds.
4️⃣ Most common scams you should recognize immediately
These are the most frequent and dangerous:
🚨 Phishing
Emails or messages that imitate real exchanges or wallets.
They lead you to fake pages to steal your keys.
🚨 Fake support
Messages like: “We are technical support, we detected a problem”
👉 Real support never writes first.
🚨 Miracle investments
Promises of:
“Double your money”
“Guaranteed profitability”
“Secret bots”
📌 In crypto, there are no guaranteed profits.
5️⃣ Use recognized exchanges with good security practices
If you are going to buy or sell cryptocurrencies, do it only on trusted platforms, with:
Two-step authentication (2FA)
History and reputation
Active security tools
A widely used option for beginners is Binance, as it allows:
Activate 2FA
Access alerts
Device management
Withdrawal control
👉 Create an account with a discount on fees:
(Always use unique passwords and 2FA)
6️⃣ Good practices that reduce risk to almost zero
Apply these rules and you will be well ahead of the average:
✔ Use an exclusive email for crypto
✔ Activate 2FA (Google Authenticator, not SMS if you can avoid it)
✔ Always check the URL before connecting a wallet
✔ Do not talk about your investments in public
✔ Be wary of any “urgent opportunity”
7️⃣ Secure mindset: the best anti-fraud system
Crypto security is not just technical, it’s mental.
Always ask yourself:
Who benefits if I do this?
Am I being rushed?
Does this sound too good to be true?
If in doubt, do nothing. In crypto, not losing is also winning.
🎯 Conclusion: protecting your cryptocurrencies is protecting your financial freedom
Most losses in cryptocurrencies do not occur due to the market, but due to avoidable mistakes.
If you learn to:
Use wallets correctly
Detect scams
Operate with secure platforms
👉 You are already above 80% of users.
