I made the mistake of putting all my bitcoin in one exchange, Mt.Gox... for trading. Almost immediately after, it crashed and all of my bitcoin went into the bankruptcy black hole.
The lesson... never keep everything on one exchange.
I made the mistake of putting all my bitcoin in one exchange, Mt.Gox... for trading. Almost immediately after, it crashed and all of my bitcoin went into the bankruptcy black hole.
The lesson... never keep everything on one exchange.
Or never keep anything on exchange in the first place. ;)
Unless you are simply trading, of course - but even then, it is safer to constantly pull out your profits.
Good advice.