Takes a lifetime to make it, a Second to lose it! (Patreon)
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THIS MESSAGE IS FROM SOMEONE IN ROB'S COMMUNITY - IT IS NOT FROM ME.
You have heard me say this 100 times, but I will repeat again because this is a new attack vector, and a very sad story! This person lost it all.
This story was inspired by Rob - DAN... Everyone and I mean EVERYONE is exposed. After seeing a friend lose ALL his life savings from a CEX and Cold Storage HACK I have been bombarded with messages like the one below. Time to STOP being so careless and take these security action steps NOW!
Step 1: Google Authenticator Cloud Backup - DISABLE RIGHT AWAY
Why? Backup codes stored in Google’s cloud are unencrypted and vulnerable if your Google account is hacked. How to fix:
Open Google Authenticator.
Tap your profile icon → Use Authenticator without an account
Confirm to delete cloud backups.
Step 2: Strengthen 2FA Security
Replace SMS 2FA with:
Hardware keys (e.g., Yubikey from Yubico) for phishing-resistant protection
Step 3: Secure Cold Storage Wallets
Use air-gapped wallets (no internet connection)
Store seed phrases separately from the wallet (e.g., steel plates or secure vaults)
Enable multi-signature (multisig) wallets requiring multiple approvals for transactions
Step 4: Protect Against Physical Theft
Hide wallets in fireproof safes or bank deposit boxes!
Avoid tampered devices: Buy hardware wallets only from authorized retailers. Someone last week bought a second hand ledger and lost it all...
Step 5: Consider Safer Alternatives
Bitcoin ETFs: Gain exposure without managing private keys (e.g., spot ETFs)
Proxy stocks: Invest in companies like MicroStrategy, which holds Bitcoin as a treasury asset. This was a big part of my decision, making not only because I'm more comfortable with stocks and options, and finding the way to create optimal leverage, but also security risk
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