The $70,000 Lost, Crypto Mistake You Must Avoid

A 20-year-old freelancer who earned $70K in crypto

Secured with a cold wallet, but a crucial mistake was made

PIN forgotten, and the seed phrase lost – a disaster waiting to happen

Did everything right: Used a cold wallet, stayed anonymous, avoided digital copies of the seed, and used a VPN

But, he missed two vital steps: Didn’t secure his seed phrase on a metal plate and didn’t distribute funds across multiple wallets

The lesson? Always back up your seed phrase securely and diversify your storage methods

Don’t let this be you. Protect your crypto investments wisely. Share to spread awareness

Check out Cointopper for more stories like this

[{"selector":"#anim-e3f49f68-b5b1-40d1-805d-bf9593956b02","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b8d18ba6-7581-4511-b21f-d00abad32d30","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more