Post
Topic
Board Bitcoin Discussion
Re: Don't Know, But Can i Invest In Bitcoin?
by
boty
on 03/01/2024, 03:54:00 UTC
Should I invest money with the suggestion of that guy? He told me that if I invest I will get good profit. He said, he will open my bitcoin wallet and help to buy bitcoins. Should I invest in bitcoin?

It is not advisable to seek help from others when purchasing bitcoin. This is because if they have access to your wallet or seed phrase, they can use your bitcoin without your consent. Although your friend's intentions may be good, it is not safe to let others assist you with buying bitcoin. It is best to invest in bitcoin on your own and keep your bitcoin address, seed phrase, and the amount of bitcoin you own private. Revealing this information may put you in danger, so it is important not to share this information with anyone.
Asking other people for help in buying assets in the form of Bitcoin is certainly a very bad thing, because it is possible that these people can take advantage of our lack of understanding about Bitcoin and make a profit for themselves, it would be better for us to seek knowledge about the basics of Bitcoin investment so that we can do it ourselves and only ask people we can trust if we don't understand the investment we are making.
Of course, a very important thing to do when investing in Bitcoin is to be able to properly protect the Bitcoin wallet address and not tell anyone about the initial phrase to anyone except family whom we can trust.