Doing Due Dilligence

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In this crypto industry, you can never be too careful. The main reason obviously is that you're your own security but there's also the fact that law enforcement generally doesn't like you and even if they could help, there's almost no way to track down actual perpetrators of the evils.

That's why it is very important for everyone to always do proper research before clicking on any link. If you use metamask, the importance is compounded by the fact that the browser extension is quite fragile and easily exploited.

On average, I believe I receive maybe 3 DMs a day on Twitter, Telegram and Discord about one NFT project or the other. The projects are often quite ridiculous and mostly useless because the weird account with zero followers and five tweets will be telling you they're trying to save sperm whales or some crap.

One thing I'll never do is click a link from an unverified source because that's how most people get hacked. However, while security is very important, it is also vital to be able to do further due diligence than just ignore all your dms.

Sometimes you have to look

I had known about Splinterlands for a while before I decided to get started. Interestingly, I didn't even pay for a summoner spell book because I was gifted a voucher in a giveaway.

The first time I heard about Splinterlands was when the game first came into existence way back in steem as Steemmonsters. I received a dm on discord and ignored it.

In hindsight, if I had done a bit more research into the project, I would have been in a much better financial position than I am today. That's the thing though, hindsight is 20/20, and simply ignoring everything in the DM could translate to missed opportunities.

All I'm saying is that there are still new opportunities springing up every day and if you use the "ignore everything" approach, you might end up missing out on them.

I get very excited by developments in play to earn part of the crypto industry and sometimes I look but I never do it with my work laptop. I also don't commit to any project; downloading, connecting my metamask, buying tokens etc because I'm more afraid than curious.

I've started saving for a new laptop that will be somewhat better than my current system. This system will then become my work laptop while my current system will become my "play to earn" and curiosity-clicking gaming laptop.

In summary

You need to do due diligence for your safety and to ensure you don't miss out on numerous opportunities. Your moon bag could be one click away but you ignored it because you were being careful.

At the same time, it is highly recommended that you separate your work system where your funds are stored from the system you use to research new projects. Better yet, keep your crypto offline with a hardware wallet, so you can do proper research without any worries.

Posted Using LeoFinance Beta



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