Are Telegram bots secure for trading?

I’m getting ready to start trading and plan to reset my MacBook, which I previously used for non-legal software. My goal is to turn it into a dedicated trading laptop, running just a browser, Notion for maintaining a trading journal, and Telegram. For my cryptocurrency wallet, I’ll utilize Phantom, connecting it to Photon, and subsequently to a Telegram bot. Given that I won’t be linking this setup to any other services, can I feel confident that my wallets will remain secure? I intend to keep my seed phrase written down on paper. Additionally, I’m considering whether it’s worth it to set up a decoy wallet on Photon.

hey finn, telegram bots are generally secure but ensure you’re using well reviewed ones from reliable soureces. dont share sensitive info like your seed phrase with any bot. reset the macbook security settings too, just in case. also, having a decoy wallet is a gud idea for distraction! safe trading!

Telegram bots can be secure if you’re taking the right precautions. Always verify that the bot is from a trusted source and performs well within the community. Avoid using bots that request unnecessary permissions or information that doesn’t seem relevant to their function. Ensure the Telegram API and bots you use have robust encryption practices. Keep your system software updated, and your password secure and unique. Having a decoy wallet could add an extra layer of security, as you mentioned, so it might be a worthwhile investment.

always double-check the admin permissions of any telegram bot you’re using. sometimes malicious ones can sneak in with unnecessary permissions. also, keep your mac’s firewall on and maybe use a VPN for extra protection. as for decoy wallet, it’s a solid backup plan anytime!

When dealing with Telegram bots for trading, I recommend being extremely cautious. Alongside verifying the source and reviews like others suggested, consider the history of the bot. Check how long it has been operational and if it has a solid user base. Also, make sure it doesn’t require permissions that could expose your private data. Utilize any additional security features available in Telegram, such as two-step verification, for added safety. Lastly, keep your digital hygiene in check, like updating your operating system regularly, to safeguard against vulnerabilities.