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What happens if you lose your phone with your crypto wallet? by connecteconomy

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· @connecteconomy ·
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What happens if you lose your phone with your crypto wallet?
The other day I got to give a wallet installation workshop again. I've been doing this on and off since 2018. 

This was my second workshop in Bansko, Bulgaria, where I helped a few #digitalnomads install their first #crypto wallet and send some $Dash to each other. 

https://www.youtube.com/watch?v=sEa6tIMKWw8

**Crypto Safety & Security is my main focus when I teach beginners about Bitcoin**, so in this workshop we discussed: 

* The difference between cold storage and hot storage
* How to install a non-custodial wallet on a phone
* What private keys are and what the 12-word mnemonic seed is for
* How to send and receive cryptocurrency 

After the workshop the participants had a full understanding of what it's like to be 100% responsible for their coins and how to recover them should they ever lock themselves out of their  wallets or lose their phones.

If you ever give a workshop like this, I highly recommend allowing the participants to send actual coins back and forth, so they can get some practical experience with that and lose the fear of doing something wrong. 
 
The [Exodus wallet](https://exodus.com) in particular makes this a lot of fun, with their special *SEND* and *RECEIVE* sounds. Check out the short clip above to see how much fun the participants had. 

Exodus is also a fantastic wallet for beginners in general - not only because of their user-friendly UI, but also because of their exceptional customer service. 

****
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****
### <center>Become a Conscious Crypto Investor
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[![Screenshot 2021-03-14 at 14.19.39.png](https://images.hive.blog/DQmX27hj8DN9sHqeWpHhcepQbufDikR7sVe4tx6wuqb6vjS/Screenshot%202021-03-14%20at%2014.19.39.png)](https://patreon.com/consciouscrypto)


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