Most People Store Their Bitcoin WRONG - And One Mistake Could Cost You Everything (Bit Coin, Wealth & Investing)

Most People Store Their Bitcoin WRONG - And One Mistake Could Cost You Everything (Bit Coin, Wealth & Investing)

May 25, 2026 · 12 min

About this episode

Myles discusses the common mistakes people make when storing Bitcoin and the potential risks involved.

Most People Store Their Bitcoin WRONG - And One Mistake Could Cost You Everything Myles lost Bitcoin in the Mt Gox hack. He didn't even know it had happened until weeks later. The only reason he didn't lose everything was pure luck. Right now over $14 billion in cryptocurrency is locked in failed exchanges worldwide. FTX, Celsius, BlockFi, Voyager - the story is always the same. People could see their balance on an app and assumed that meant they owned it. It doesn't. This episode expla...

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Host: Myles Dhillon

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Mentioned in this episode

Organizations: Mt Gox, FTX, Celsius, BlockFi, Voyager

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