1. Use a hardware wallet: Hardware wallets provide an extra layer of protection to your cryptocurrency investments, allowing you to store them offline, away from malicious online attackers.
2. Use multi-signature: Multi-signature technology is designed to secure individual cryptocurrency wallets by requiring more than one key to unlock and access funds. This can be especially helpful for institutional investors who want to add an additional layer of security to their holdings.
3. Diversify your portfolio: Diversifying your investments across different types of cryptocurrencies and blockchain platforms can reduce the risk of fraud, volatility, and other market risks.
4. Research & Invest Wisely: Before investing in any cryptocurrency it’s important to do research on the project, team, and technology behind the project.
5. Follow Security Practices: Be sure to follow best security practices when setting up and using your wallet to protect your investments. This includes regularly backing up and creating strong passwords.