Post
Topic
Board Beginners & Help
Re: investment advice?
by
NicNacCoin
on 07/03/2023, 23:54:28 UTC
I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss. I will invest in Bitcoin. I don't know where to invest. Should I put it in Trust Wallet or Binance? Hoping for advice from everyone on where it should be placed? There will be no possibility of hacking. please help and advice?
Since you are a newbie I can't recommend you to store cryptocurrency in Binance Exchange wallet, if you know or heard about the bankruptcy of Centralized Exchange FTX like Binance then you never want to store your Cryptocurrency in Binance Exchange. The correct advice for you is that if you live in a country where Bitcoin is legal, it makes more sense for you to use a hardware wallet.  Moreover, if you want, you can bring the hardware wallet from other countries by commercial shipment. You can use trust wallet to temporarily hold cryptocurrency but be careful to store 12 phase worlds very carefully. If these security systems are lost, your Trust wallet will be lost forever.