Quote from: GbitG on Today at 09:44:36 PM

Quote from: teamsherry on February 20, 2024, 03:37:38 PM

I've seen many people lose their holdings to phishing links and to scammers cause they are ill educated on how to hold safely, so as we learn how to accumulate bitcoin, let's let's learn safety too.

Hmm, that's true, mate. I've also seen some people lose all of their Bitcoin investments due to a lack of privacy. I believe that if someone wants to go for a bitcoin investment, first of all he needs to put more emphasis on it that how to secure his bitcoin, like where to buy it or where to store it.

I mean, the first and most important thing a buddy should know before going to invest in Bitcoin is security, which includes being aware of scammer traps and fraudulent exchanges, as well as using a more secure wallet for storage. after that, there will be no difficulty in investing in Bitcoin. If someone doesn't know how to protect himself, be it from a hacker, from a thief exchange like FTX, then, in my opinion, a Bitcoin investment can cause a loss for him. So be aware of phishing links; don't click on any links that lack of authenticity.

Security is like the most important thing in hold, most holders end up losing their asset to phising Link, ponzi schemes and poor education, I think newbies that are interested in investing in bitcoin should take time to learn about it and find out the best way to observe safety, the kind of wallets to use like hardware wallet(trezor cause I plan on buyingone next month, or using closed source wallets, many newbies also make the mistake of leaving huge amount of bitcoin on trusted exchanges and fail to learn from past incidents like the hack on Mt gox and the bankruptcy of FTX exchange, this companies are major target for scammers and they don't guarantee any security to you holders if something happens, we should learn that security is our responsibility if we must keep our crypto safe. I myself try my best to secure my holdings although they are not very massive yet, I'm still on my accumulation stage.