What Crypto-Adopters Must Do

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Written by
2 months ago

Do you love cryptocurrencies?

I know that all of us (at least those who write here and on similar crypto-blogging platforms) love cryptocurrencies, especially BitcoinCash, aka BCH.

  • No, love is not all that cryptocurrencies deserve.

As an early adopter of cryptocurrencies, we have more to do. It is something like a responsibility a family member or friend should do for their relatives.

What are the best practices in cryptocurrencies?

There are a lot of pros and cons of using cryptocurrencies.

As a late adopter of cryptocurrencies, I have the following list of "what to do" with cryptocurrencies.

  • Transfer all your cryptocurrencies to a non-custodial cryptocurrency wallet.

  • Keep your primary cryptocurrency wallet addresses secret.

  • Reserve a few cryptocurrency wallet addresses for accepting tips/donations only.

  • Try paying your everyday purchases with a peer-to-peer payment gateway.

  • Learn how to swap high-fee cryptocurrencies for low-fee cryptocurrencies.

  • Never use BTC or ETH cryptocurrency networks to make payments.

  • Avoid centralized cryptocurrency exchanges as far as possible.

And, never believe the cryptocurrency price predictions.

Take positive steps with your cryptocurrency adoption.

  • Cryptocurrencies worldwide would face more challenges than ever before.

Every cryptocurrency adopter must try utilizing the freedom feature of cryptocurrencies.

  • Let us hope we can do more peer-to-peer transactions, such as buying directly using cryptocurrency payment methods.

That should be the aim for cryptocurrencies in 2024 and the years ahead.


Unity (Debesh Choudhury)

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Text Copyright © 2023 Debesh Choudhury — All Rights Reserved

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Lead Image:  Royalty-free image from Pixabay (modified with a BCH logo).

All other images are either drawn/created/screenshots by myself or credited to the respective artists/sources.

Disclaimer: All texts are mine and original. Any similarity and resemblance to any other content are purely accidental. The article is not advice for life, career, business, or investment. Do your research before adopting any options.

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#cryptocurrency #fintech #payments #freedom #money

Sep 21, 2023

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Written by
2 months ago


When you say "Reserve some cryptocurrency wallet addresses to accept only tips/donations." Does showing deposit addresses affect anything? Do we make our accounts vulnerable?

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2 months ago

Yes. Anybody can track what the crypto-address holds/receives or transacts.

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