5 Dumb Crypto Mistakes (And How to Avoid Them)

Check out our easy tips to keeping your digital wallet safe from cryptocurrency scams … and from yourself.

A man screaming because he has made a mistake with his cryptocurrency wallet
(Image credit: Getty Images)

Despite its recent acceptance as a legitimate investment option, cryptocurrency and the surrounding world of Web3 are still very much a Wild West. Each day, new crypto investors face a steep learning curve filled with beginner mistakes.

These basic blunders, whether through bad actors or individual negligence, often result in serious money being lost or stolen. In some cases, people can lose all the cryptocurrency they own.

Read on as we cover five of the dumbest mistakes to be made in crypto and advise you on how to avoid them.

Randy Ginsburg
Contributing Writer, Kiplinger.com