RE: Warning!!! Be careful of Scams in Steemit : Wallet Scams by taskmaster4450

Viewing a response to: @charles1/warning-be-careful-of-scams-in-steemit-wallet-scams

Rule #1:  Keep all your steem in SP.

This prevents anyone from taking more than 1/13th your money (presuming you log in regularly).  Also, it helps the entire system to leave Steem in SP.

Rule #2: Never forget Rule #1.

Thanks for the 411 on these scams @charles1....it is crucial we get the word out about them.

👍 charles1, foxdal

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@charles1 · Oct 7 '17

Good point @taskmaster4450 , I agree with you...

👍 jesta

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@fitinfun · Oct 9 '17

I have a small amount of my steem in STEEM. I need it there to pay for delegated sp when I lease it. Are you saying this is less safe than keeping it in sp? I was thinking I would keep about 30 STEEM at all times - not a lot, I know, but I'm a minnow!

👍 taskmaster4450

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@taskmaster4450 · Oct 9 '17

I wouldnt worry too much about 30 Steem since you are talking about $30 or so.

The point is to protect your account by using your posting pass code and not the main password.

Keeping Steem in SP makes it harder is someone does get into your account.  Of course, if they only get a hold of your posting key, they cannot move any money anyway.  That is why it is important to protect the account.

Hey no worries...us minnows have to look out for each other.

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@fitinfun · Oct 9 '17

lol - It's a minefield! I do not see myself giving out my key to anyone, but never say never...

👍 taskmaster4450

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2 replies