A friend of mine lost his bitcoin due to lax private key storage... It cannot be stressed enough just how important private key security is, do take measures to keep them safe.

A buddy of mine was HODLing 0.5 BTC and used a ledger to store them but made the mistake to store his private keys on his private computer cause he wanted a "digital" copy of his keys in case he loses his physical copy.

Well, his computer got stolen, and so did his coins.

It cannot be stressed enough how important the security of private keys is. Storing the crypto in cold wallets is not enough, you have to make sure the private keys are safe and offline without anyone but only YOU knowing where they are.

The owner of private keys is the true owner of bitcoin held at that address. Avoid storing digital copies of them on computers and phones.

In addition, you can also do the following to keep your crypto secure:

• Do not store any crypto on exchanges
• Do not share your personal crypto portfolio information with anyone
• Diversify your asset storage and store at multiple cold wallets if possible
• Use VPN, 2FA, and Strong passwords on your online devices