Post
Topic
Board Bitcoin Discussion
Re: Don't Just HODL But HODL Wisely and Securely
by
lienfaye
on 22/09/2023, 07:10:11 UTC
Yeah I do agree with you on this, It's crucial to handle your crypto assets with care to prevent potential losses, especially when dealing with alternative coins.

When it comes to holding and managing your cryptocurrency assets, caution is your best friend. This is particularly important in the world of alternative coins, where the market can be quite volatile. If your a newbie ill advice you make your own research before jumping into buying any coin, some could be scam project, Always ensure you use a good wallet, stay informed on what your doing .
HOLD WISELY
DYOR is necessary when investing in crypto, this is to end up buying a worthy coins with utility and not just a coin that is existing because of hype. If we're going to hold Bitcoin, using a hardware wallet is advisable to secure our assets. So even you'll hold for long period, your Bitcoin is safe.

But some investors are using a custodial wallet or exchanges to store their coins which is a mistake. If you don't hold your keys then you're not the one controlling your assets. Sometimes one needs to experience losing their money before realizing the mistakes they did. Well, probably many of us also experience this especially when we're just a beginner in crypto.