Keep all your crypto safe & upgrade to a Ledger Nano X Hardware Wallet regularly see hear from folk who are having issues with their wallets. Whether they restored their recovery seed and get a bunch of empty accounts, get error messages relating to the wrong address or passphrase or are simply missing funds. There are a few common reasons for these issues and often things that can be easily recovered from.
Links:
BTCRecover: Wiki Commonly Mispelled BIP39 Words: - Intro
00:52 - Overview
01:21 - Passphrase (Hidden Wallet, 25th Word) Issues
01:32 - Incorrect Passphrase Resulting in Empty Wallets (Wrong addresses, missing funds)
02:07 - Wrong Addresses when Adding to Metamask (Due to Passphrase Typo)
03:09 - Seed Issues
03:39 - Hardware Wallet Produces a new seed with each reset
04:05 - Typo in Seed Leading to Different Addresses (Missing Funds)
04:27 - Warning for Wallets that use 12 word seed
05:33 - Verifying Recovery Seed
06:40 - Commonly Misspelled BIP39 Words (Trezor Wiki)
06:50 - Software Seed Recovery via BTCRecover
06:59 - Wallet Compatibility Issues (Often Derivation Path)
07:11 - Atomic Not Following Standards
07:19 - Atomic Documentation Incorrect...
07:34 - Restoring via a wallet with custom derivation paths
07:54 - Walletsrecovery.org
08:18 - FindEth.io
08:26 - Avoiding Wallet Issues
09:00 - Closing Thoughts
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If you are new to Crypto, my suggestion is that you start with buying ~$150 worth of Bitcoin, Ethereum, Litecoin @ Coinbase and get familiar with storing it, moving it around, etc.
For your first purcahse, just stick with CoinBase: Trading, just start with Binance: sticking with large, reputable exchanges for your first purchase (Coinbase) and first trade (Binance) you can avoid getting scammed right at the start by purchasing a non-existing coin off a scammy exchange. (You would be surprised how many people fall into this trap)
Don't have a hardware wallet?
Be safe and buy them direct from the manufacturer. (Not just through some random on eBay, Amazon, etc)
Get a Ledger: you are just starting out, I would just recommend a Ledger Nano S)
If this was helpful, feel free to send me a tip:
BTC: 37hiiSB1Poj6Shs8WawPS2HjT2jzHkFSQi
BCH: qr9qenlgjh0xlyz802h70ul69rpdj8z6qyuh7m79ah
LTC: MRWnUcsyofisVp5GvX7nxMog5caneycKZ6
ETH: 0x14b2E26021d0Ce8E2cE6a2Eb6E2690714bB18E17
VTC: vtc1qxauv20r2ux2vttrjmm9eylshl508q04uju936n
ZEN: znUihTHfwm5UJS1ywo911mdNEzd9WY9vBP7
#bitcoin #btc #ethereum #eth #cryptocurrency #crypto #cryptotag #trezor #security
Recommended Reading >> bit.ly/32kRpzw
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