Post
Topic
Board Bitcoin Discussion
Re: Refer to my previous topic: "Investing plan"
by
Marvell1
on 13/11/2023, 03:55:37 UTC
Quote
tjtonmoy

refer to suggestions about keeping it safely i decided to take this 79$ from my holding money and buy it. I googled before purchase and most popular was Trezor.

I red all suggestions here of course
OP, you've made good progress in your endeavor to invest your monthly income in bitcoin by finally acquiring a hardware wallet. For the time being, at least, you don't have to be worried about hacking or losing your bitcoin holdings in years to come. That your Trezor (hardware wallet) has to keep your bitcoin safe from future loss is happiness enough on its own.
Congrats on getting a hardware wallet for yourself. It is a good way to start

Trezor is a good one. I also use it, my Trezor also had problems because the screen suddenly turned off after almost 1 year of never accessing it. Luckily, my Trezor wallet address can still be accessed via trust wallet with the Trezor seed phrase that I saved.
https://bitcointalk.org/index.php?topic=5467802.msg62889589#msg62889589

OP's investment planning is very good and very fitting when Bitcoin will also halve. There is no doubt that many also believe that Bitcoin will enter the 4-year bullish circle phase during the halving.

Why don't you buy a new Trezor wallet or use an open source wallet like Electrum or bluewallet? Entering the Trezor wallet seed phrase into the Trustwallet is not a wise idea at all. Trustwallet is not only an online wallet but it is also a closed source wallet and people are discouraged from using it. So far, Trust wallets are safe and you are not taking any risks but you are putting your bitcoins in danger by using closed source and online wallets. I think you need to change your wallet immediately.