Post
Topic
Board Beginners & Help
Merits 3 from 2 users
Re: investment advice?
by
Nheer
on 13/03/2023, 11:45:39 UTC
⭐ Merited by fillippone (2) ,knowngunman (1)
might be better if you don't invest at the moment, it seems like you need to do more research on what you are trying to invest in. for example, as other members have mentioned, Trust Wallet or Binance? should be the last place where you keep your BTC, especially if you are going to hold.
It's true that you don't need to invest right away because it appears that you lack sufficient understanding about where to put your funds, and the worst thing you would want to happen is to lose your wealth or run the danger of being scammed. Go ahead and conduct extra research, some members have provided links to make it easier for you. All we can do is suggest which option is ideal for you, but ultimately, only you will know which is best.


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.
Regarding trust wallet, it is not ideal to store your bitcoin there, its not secure and is easily a target for scammers. I would not advice you keep your asset there because my friend was once a victim of trust wallet scam.
Binance is an exchange where you can purchase your bitcoin just like every other exchange and should not dare store your bitcoin there. Once you purchase your bitcoin don't waste any time to move your funds to a secure wallet. We have some exchange scam their customers and some are targeted by scammers. Never store your asset where you don't have total control over your keys.

Research more and make sure you have proper understanding before investing in Bitcoin.