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?
Well actually this depends on the type of investment you want anyway. If you are going to buy Bitcoin to be used as a long term investment. Then you need a hardware Wallet to be able to store it securely. because in a hardware wallet all the control is in your hands. Avoid storing on a centralized Exchange if it is for a long period of time. at least that's the advice I also received when I first started my investment in bitcoin. and i did. And my assets are safe till now.
Unlike the case with your intention to buy bitcoin is for the short term or if you want to engage in trading. Then you can trade on centralized exchanges which are much cheaper in trading fees. But when you have finished trading then you should withdraw your assets from the centralized exchange to your personal wallet. At least this is what has become my habit. Because I did this too after reading someone's suggestion on the internet.