2 Things That Can Cause You to Lose Your Cryptocurrencies in the USA

by | Jan 3, 2022 | Financial Services

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Have you recently been scammed out of your cryptocurrency investment as a result of recommendations from inexperienced peers? Are you now left with only a certain amount of Bitcoin, Bitcoin Cash, Litecoin, and/or Ethereum and are now searching for a more secure method of trading them for cash? Have you exchanged a small amount online only to find that you were not given a good value for your asset? If any or all of these questions apply to you, then here are two things that may cause you to lose more crypto and what you can do about it.

Trusting an Unreliable Source

One thing that may cause you to lose your crypto investments is trusting a highly unreliable source. As you have experienced, your cryptocurrencies were taken from you, causing a reduction in assets. Do your own research so you can find a trustworthy trader to avoid these circumstances from happening again.

Sharing Your Seed Phrases

Another thing that will cause you to lose more crypto is sharing your wallet’s seed phrases. As you are well aware, these phrases will help criminals gain access to your wallet, allowing them to steal your cryptocurrencies.

What You Can Do to Protect Your Crypto When Exchanging Them for Cash

Perhaps you are now searching for an effective and efficient solution to trading cryptocurrencies for cash using a secure crypto OTC method. You should visit a RockItCoin Bitcoin ATM. You can securely sell or buy cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, and Litecoin using physical cash. So, when searching for the best crypto OTC method to utilize, their ATMs are the only ones you should be using.

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