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If this is a bear market, it'll be my third. Here's what I wish I'd done in the first two.

All Cryptocurrencies

by COINS NEWS 218 Views

Backup everything

  • Passwords
  • Logins
  • Seeds phrases / wallet keys
  • Bookmarks to all the ICO's, Airdrops, Trackers....
  • Exchange Info, get your crypto off the exchanges if you can. (Go lookup Cryptopia, Bitgrail and MtGox if you don't know why)
  • and keep every email.

It might not happen today, this week or even in the next year, but if this is the bear market you're going to lose interest and forget about a lot of things.

In 2014 when the bear came I cashed out roughly half of what I'd been mining and forgot about crypto for a couple of years. Then when I got interested again I couldn't remember shit. I found most of my wallet seeds written down in a notebook.

What I couldn't find though was the seed to this wallet with 0.05 BTC in it. A relatively small amount in the grand scheme of things, but still enough to piss me off. It's not as if I have the blockchain address bookmarked and I look at it all the time though.

Then in 17/18 it went fucking insane, the ICO mania absolutely had my pants down. I ended up with a decent stash of the top coins but then probably 50+ shitcoins.

Again, the bear came and everyone forgot about crypto and I definitely didn't learn my lesson. Cryptopia getting hacked rekt me and the majority of the other ICO tokens died within a couple of months.

Then in 2020 we go again and yet again I cant remember shit. I'd done a bit better this time as I had most of my stash on a Trezor and a lot of things backed up in a password manager, but there is definitely some crypto with my name on it floating around the universe all lonely.

TL:DR Go backup your shit, then backup the backup.

submitted by /u/IHaventEvenGotADog
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