5 things you need to know = you'll lose your money in crypto.. no matter if the market is up or down! ⚠️
1️⃣ Private Keys & Seed Phrase
Your portfolio (MetaMask, Trust Wallet, Ledger…) is entirely yours.
If the Seed Phrase (the 12/24 words) is lost → your money is gone forever, no bank will get it back for you.
The most important rule: write it down on paper or metal, keep it in a safe place, and never store it online.
2️⃣ The difference between Custodial and Non-Custodial
Custodial (Binance, Coinbase, Bybit…) → they hold the keys, and they can freeze your account at any moment.
Non-Custodial (MetaMask, Ledger…) → you hold everything, no one can touch your money.
3️⃣ Common types of scams
Phishing Links → any link that asks you to access the wallet = 99% scam.
Rug Pull → a project collects money and runs away.
Fake Airdrops & Giveaways → "send 0.1 BTC and you'll get back 1 BTC" = lies.
4️⃣ How to verify any project (3 quick steps)
Check the smart contract on Etherscan/BscScan → does it have Renounced Ownership + Liquidity Locked?
Check the project team → are they known or anonymous?
Check the distribution → if 90% of the tokens are in one wallet = danger.
5️⃣ The 1% rule
Never invest more than 1-5% of your capital in a single currency (even if it's Bitcoin).
The market moves quickly, and diversification is what protects you.
Those who learn these things in the first week = save thousands of dollars later.
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