Avoid silly transactions on hive

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(Edited)

Lately I have been hearing Alot of people talking about how they lost alot of hive because they are doing transactions. I'm this type of person that always wish to know more and why about alot of things.

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When I joined hive I heard a story about someone that lost his 1000 hive because of some mistakes. Some called it silly mistake but then to me there's nothing like silly mistake. The problem is you will think you are smart enough and it can't happen to you until it happens to you then you will realize that there's nothing like silly mistake.

The funniest part and the main reasons for me to write this is that this Same thing happens to my brother and it was so funny. It happens he needed to trade some HBD and then he forgot to convert it to hive before sending it. Yeah that looks silly right but then it's good to learn from others mistake. so we can be on a saver side. The main reasons he lost the HBD was that he's in hurry and when you are in hurry you will do things that you should not have done.

There are some things we need to avoid when doing transactions on hive. So it won't look silly.

  • Don't do transactions when you are in hurry :- always calm down to do anything like trading or transactions this is because you might end up giving it to a wrong account and not.

Avoid scammer:- If you are trading in binance for example there is always a way they use to do it sometimes. Let assume you did a transactions that worth 150,000 in naira they might send you 1500 and you won't know because you are not calm and you are in rush. Immediately you entered accept and you confirmed the alert there's definitely nothing you can do about it again. That means you have been scammed.

There so many ways to be scammed when doing transactions but the best way to reduced this is to calm down whenever we are doing any kind of transactions so we won't end up loosing the money we don't even have.



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