First of all: Don't be swayed by those panic messages.
Get to the point, a few life-saving habits:
1. Regularly check the authorizations of your wallet. Revoke all infinite authorization contracts for stablecoins, leaving none behind. This is not something to be lazy about.
2. Large fund transfers? Use an exchange for intermediary transactions, or a brand new wallet that has never exported private keys. Don't dismiss it as troublesome; you will regret it if something goes wrong.
Three, wish everyone asset safety.
The above advice comes from an old investor who was left questioning life after being taken advantage of in the last bull market. I've encountered enough pitfalls on-chain to write a book, so you all should take fewer detours.
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BugBountyHunter
· 9h ago
This issue of unlimited authorization really can't be delayed any longer. I spent two hours just withdrawing the contract, and then I found out I missed three...
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LightningLady
· 11h ago
The unlimited authorization part is truly a history of blood and tears; I've been scammed like this before.
Large transfers still require caution; using the exchange as an intermediary is indeed troublesome but worthwhile.
This advice from my older brother sounds like it comes from someone who has crawled out of a pit.
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LiquidityOracle
· 11-30 22:01
Unlimited authorization is really a big deal. I suffered a huge loss before because I was lazy. Now I regularly scan the contracts, and my sleep quality has improved.
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On-ChainDiver
· 11-29 16:59
Unlimited authorization is really a ticking time bomb, I now reflexively revoke as soon as I see approve.
Bro, this bloody lesson is valuable, last time I almost got liquidated because of laziness.
I've been using this transfer trick in the exchange for a long time, the feeling of being able to sleep peacefully is really different.
Someone should have explained these things clearly a long time ago, to prevent newbies from falling into traps one after another.
Just afraid that some people still won't listen, thinking they won't be that unlucky haha.
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HalfPositionRunner
· 11-29 16:58
Unlimited authorization is really a silent knife; now I have psychological shadows whenever I see approve. I've developed a habit of scanning through them every week, deleting them feels so satisfying.
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WinterWarmthCat
· 11-29 16:57
Damn, that infinite authorization really is something. My fren almost went bankrupt because of it. Now I review it regularly like a madman.
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BlockchainBrokenPromise
· 11-29 16:50
Unlimited authorization is really a thing; being lazy to revoke it just once might lead to losing everything. I am someone who has suffered this loss.
That said, is there anyone still daring to leave unlimited authorization? Isn’t that just waiting to be played for suckers?
I’ve learned to use the exchange for large transfers; although it costs a bit more gas, it feels stable.
Bro, your advice is really damn practical, unlike those who only shout "hodl."
Feeling a bit scared, I quickly went to check the authorizations...
If I had known this earlier, those coins stolen last year would still be painful now.
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CommunityWorker
· 11-29 16:48
The infinite authorization thing really needs to be removed. I lost stablecoin because of this last year, and now I have to check my Wallet every month.
First of all: Don't be swayed by those panic messages.
Get to the point, a few life-saving habits:
1. Regularly check the authorizations of your wallet. Revoke all infinite authorization contracts for stablecoins, leaving none behind. This is not something to be lazy about.
2. Large fund transfers? Use an exchange for intermediary transactions, or a brand new wallet that has never exported private keys. Don't dismiss it as troublesome; you will regret it if something goes wrong.
Three, wish everyone asset safety.
The above advice comes from an old investor who was left questioning life after being taken advantage of in the last bull market. I've encountered enough pitfalls on-chain to write a book, so you all should take fewer detours.