If your answer is the first point, you have a risk appetite that is very susceptible to being scammed, and this feeling will deliberately lead you into the net of scammers. If your answer is the second item, it means that you have prioritised protecting that money as much as making money from this market. So let’s examine a fact that is actually common to both articles: How do I keep my crypto assets safe and how do I invest safely?
We, as cryptohukukcu.com team;
We are on a mission to inform our clients not only about the legal aspects or the technical side of this business, but also about the financial side. First of all, the first thing to do in order to make money in this market and make safe investments should be to get the training of this business. Unfortunately, many crypto asset investors who trade with very large sums of money inside cannot go beyond opening an account only on local exchanges and opening an account on a global exchange. Those who have been trading in this market for a long time know very well that investing in crypto assets does not only consist of centralised global and local exchanges, which we call CEX. Most crypto assets listed on centralised exchanges actually started trading on decentralised DEX exchanges days, weeks or even months ago, reached a certain maturity and then listed on a centralised exchange. In fact, most crypto assets that you invest in a centralised exchange with hope may actually be a crypto asset that has been trading for a long time and has already reached the desired price level. For this reason, having the necessary knowledge and equipment before investing, especially on the crypto asset side, will enable you to gain more from this market.
Yes, being able to own your crypto assets is at least as important as the money you have to invest in crypto. There are some methods that you should pay attention to and use in it. There are two topics that stand out from these: Hot and cold wallet concepts. Hot wallets refer to cryptocurrency wallets that are easy to use and always have internet access. It is a type of wallet that tries to protect the crypto assets of the user as much as possible with the password and recovery codes given to the user. But what we can see as the biggest handicap is that an online wallet is always open to an attack. Of course, there are extra security measures that can be applied for the safety of the hot wallet. If you are a hot wallet owner and a person with crypto coins in it, your priority should be how to protect this wallet in the safest way…
Similarly, it is also useful to explain the concept of “exchange wallet”, which we can evaluate in this category and which is actively used by almost 90% of crypto investors. A conscious crypto asset investor knows that the last place where crypto assets should be kept is “Exchange Wallets”. Because there may be hacking-induced losses due to user error, as well as a wide variety of bad scenarios such as hacking of the stock exchange or fraud of the stock exchange or bankruptcy and closure of the stock exchange. In such a case, even if the exchanges want to return the funds to the investor in good faith, these return periods can take months and sometimes years (Cryptopia, livecion.net)
If you use your preference in favour of a wallet that does not have an online internet connection, which we call a cold wallet, which is physically portable and can be stored, you have made a safer choice than hot wallets. However, cold wallets have advantages in terms of security compared to hot wallets and exchange wallets, as well as some disadvantages such as transaction speed and continuity. In general, crypto asset owners who prefer cold wallets tend to hold crypto assets that have reached a certain portfolio size and have a long term. It is also important to remember that in order to store the crypto assets you have purchased in the cold wallet, it is necessary to remember that the crypto asset must be a crypto asset supported by your cold wallet.
As I mentioned above, when the nature of the crime is considered as a crime of abuse of trust, a complaint is required for criminal investigation and prosecution. For crimes whose prosecution is subject to complaint, there is a 6-month complaint period.
Since there is no complaint in fraud, reporting the crime to the necessary units is not subject to any period of forfeiture; however, there is an 8-year statute of limitations for the crime of fraud. This means that the legal process must have taken place within 8 years, which is the statute of limitations for fraud. Otherwise, no further criminal investigation or prosecution can be carried out for that act.
The prolongation of the complaint process in information crimes such as cryptocurrency fraud will negatively affect the successful outcome of the legal process. Namely, evidence of criminal offences in cybercrimes must be collected and documented as soon as possible without the opportunity to obscure it. As it is known, the criminal offence is a digital data, which can be easily changed, erased and lost trace of which is just as possible. As a matter of fact, it is therefore important to take immediate reaction so that the realisation of the legal process as quickly as possible will bring successful results.
If you want to turn crypto assets into a highly profitable investment tool with methods of protection from crypto asset fraud, wallet security, trainings on opening transactions on central and decentralised exchanges, without investment advice but with the fine details of the business, you can contact us and get the necessary support.