Tips for buying digital currencies safely

The market of digital currencies in Colombia continues to grow, as its use has also been growing at the same time.

Despite the fact that the industry cryptocurrencies had a downward trend in the year 2022, for 2023 there are more positive projectionsmore specifically in the increase of investors and in the number of operations.

(13% of Web3 startups include women in work teams).

This scenario has also had upward trends in Latin Americaregion where transactions with virtual currencies they had an increase of 63% compared to 2021.

The figures, revealed by New Payments Index 2022 of mastercardshow that the 15% of Colombians made a purchase using cryptocurrencies during that yearof which, 82% did so for investment purposes and 18% with the purpose of protecting themselves from inflation and the devaluation of the peso.

(Possible infeasibility of Silvergate drives fall in bitcoin price).

Also, according to the same report, 61% acquired cryptocurrencies through exchange houses and 39% did so through other people and without intermediaries.

Although the cryptocurrency market is very young in the country, 12% of citizens said they were curious about investing in it, mainly in Bitcoin, ethereum, Bitcoin and Dogecoin. However, there are still doubts that directly impact the industry, not only because of the lack of knowledge that still exists among people, but because of the distrust generated by specific events that have recently occurred related to fraud or mismanagement.

(Analysts Lose Crypto-Fiat Battle).

In relation to this, 78% of Colombians still seem to have doubts about buying digital assets or notbut the vast majority admit not to do so due to their ignorance on the subject.

Despite the fact that the indicators exist, the truth is that distrust is generating more and more doubts regarding one of the investments that, according to experts, It is one of the best decisions that can be made to generate more profitability in the long term.

(The arduous task of cryptocurrencies in the financial sector).

andres gomixCountry Manager of CryptoMarket in Colombiagave several tips to people interested in investing in cryptocurrencies to take their security into account cybernetics and not be targeted by scammers.

1. Secure passwords: According to the expert, it is best to never share passwords and, if possible, always use two-step authentication to log into your account.

2. Skepticism: Cryptocurrencies are very susceptible to market volatility, so, like any other type of investment, there is no guarantee of return and if someone tells you otherwise, it could be a scam.

3. Avoid third parties: As far as possible, avoid having intermediaries in your investments. Also, as with passwords, avoid sharing your identity documents.

4. Secure Connections: Do not connect to public networks, as these often do not provide the security necessary to log into your digital accounts, which could leave you exposed to hackers.

5. ‘Batteries’ with phishing: Beware of opening unknown emails and links that appear on web pages that may expose your personal and financial information.

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