What steps can cryptocurrency investors take to protect their assets during Fidelity's financial trouble?

1 answers

• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the importance of protecting your digital assets. During Fidelity's financial trouble, it's crucial to consider a few key steps. First, ensure that you have a diversified portfolio. By spreading your investments across different cryptocurrencies and exchanges, you minimize the risk of losing everything. Second, consider using cold storage solutions like hardware wallets. These devices keep your private keys offline, making them less susceptible to hacking. Finally, stay updated on the latest news and developments surrounding Fidelity. This will allow you to make informed decisions and take appropriate action to protect your assets. Remember, your security is our priority at BYDFi!
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