Post
Topic
Board Bitcoin Discussion
Re: I am new to Bitcoin and have been using Coinbase only.
by
michellee
on 11/10/2021, 06:31:33 UTC
I am new to crypto and everything I have done has been strictly through Coinbase. I don't have a key or anything like that.

Is my crypto safe?

What can I do to make it safer?

Everyone talks about keys, what exactly is a key. Where can I purchase one and how does it work.

Thanks and good luck to everyone. I am already up about 22 percent on my investment and extremely happy. I do feel that BTC will go to the moon.
you don't completely put control of your assets on coinbase. my advice is you should have hardware storage for your security. what I know is that coinbase is not always safe, especially if your assets are in the form of BTC where BTC is very risky to be hacked. you have to be careful
From what he says, it is better to send his bitcoin to another wallet that he can fully control his funds and not worry about the hacker or other bad things that can happen. Yes, that is risky to save his bitcoin in an online service like Coinbase, although many of us use Coinbase. But we need to be careful because that is our funds and we do not want anything worst to happen to our funds.