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Topic
Board Beginners & Help
Re: Bitcoin Important tips for beginners 2024
by
un_rank
on 08/06/2024, 06:30:51 UTC
After the Bitcoin halving, its price fluctuated greatly.
The price did not fluctuate greatly by bitcoin standards. We are now at almost where we were during the start of the halving and have just had a 10-15% deviation during the interval.

Paper Wallets: A physical document that contains your private and public keys. This method involves printing your keys and storing them in a secure place.
Paper wallet is no longer recommended for use. There are so many better and more convenient alternatives one can use.

Write down your recovery seed or private keys on paper and store them in multiple secure locations.
Always your recovery seed, never backup your private keys except as an alternative when you have written down your recovery phrase already.

4. Keep Your Software Updated
If you are using an airgapped device you do not have to regularly update except there is a major security risk if you do not do so.

- Jay -