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?
Generally, you should not put any BTCs inside an exchange due to the natural risks involved. Remember that even with the latest security in Binance, it had been hacked several times by scammers in the past. That is why, majority of the people here would recommend investing in a hardware wallet in order for you to store your BTCs inside it.
If you are planning on investing long-term, then a hardware wallet would be the best and safest choice. But I would still recommend putting some of your BTCs in Binance if you plan on circulating and purchasing different cryptocurrencies in the process. With its convenience, you can easily migrate one cryptocurrency to another with their interface.