Lost bitcoin is the number one casualty for investors new to bitcoin. Kyle Murphy made the mistake of mismanaging his password's hardware wallet and almost lost his life savings.

In this episode, Kyle Murphy reveals to us how he almost lost all his bitcoin/life savings and what are the best practices for managing your bitcoin.

There's an estimated 2 to 4 million bitcoin estimated to be lost already for good. These bitcoin aren't EVER coming back and were obviously lost to negligence.

As a new bitcoiner it's imperative you take your security and your key management seriously. Kyle was lucky he was able to recover his funds but sadly many are not.

Don't be that guy in a boating accident!

Be smart. Don't lose your bitcoin



Time Stamp:

0:00 Introduction
1:00 Kyle's Introduction to bitcoin
3:45 Purchasing Bitcoin
5:45 Building Conviction
10:00 Storing Bitcoin
16:00 Reaching out to Bitcoin Twitter
20:00 Security Practices
25:00 Wallet Mistakes
32:00 Bitcoin Moving Forward
35:00 Hodling + Smash buying
40:00 Backup Exchanges
42:00 Won a Bitcoin
47:00 Apps
49:00 Running a Node
53:00 Travel Wisdom
54:45 Bitcoin Revolution



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