Many individuals who store their funds on cryptocurrency exchanges without any immediate plans to use them are often newbies to the industry who haven't grasped the essential concepts before diving into Bitcoin investment. Among these crucial concepts, privacy stands out as a fundamental principle to understand prior to investing in Bitcoin. Without a solid understanding of privacy measures, it's difficult to ensure the security of one's funds.
Any bitcoiner who is inexperience in any related field with the use of bitcoin could fall a victim, we just have the higher rate on this with the newbies, other members that are not been careful can be a victim of anything they lest expected to come after them in this crypto world, therefore, there's need for us to always stayed informed and never get relented of every efforts of being updated on the current scam techniques and hacks, we are the first custodial to our assets.