Post
Topic
Board Bitcoin Discussion
Re: My first Bitcoin
by
coinerer
on 01/06/2024, 15:54:36 UTC
Long time ago I was working so hard to buy Bitcoin but I couldn't because I had no job, but starting from this
month of January I have gotten a new job that pays me 5 figures a month and I just use $110 from my salary to buy Bitcoin,so as today is the last day of the month I just bought Bitcoin with part of my salary.
However, I bought it from a 3rd party through the help of a co-worker at my working place.

So, is it safe for me to store my coin there or is there any other wallet I can use to store my coins? I know of electron but apart from the electron is there any other wallet which is safe?.
My profile shows that I am still new on Bitcointalk and I would say with my actions I am very interested in learning more about the accumulation process so I can gain more Bitcoin.
It is very commendable that you have invested some money from your salary in Bitcoin. But since you are investing your hard-earned money in Bitcoin, you must have a good understanding of its risks. It is not right to think that investing in Bitcoin will make you a quick profit.  If you have to hold your bitcoin for a long time then you can make a good amount of profit from it. So you can invest a part of your monthly salary in Bitcoin. Then it will go through the DCA technique. And if you hold these for a long time you will get good amount of profit. If your investment amount is huge then you can shift to hardware wallet. Otherwise you can continue using electrum wallet