Quote from: Justbillywitt on Today at 12:36:58 PM

Quote from: Promocodeudo on Today at 07:48:56 AM

Quote from: reagansimms on Today at 03:38:14 AM

I hope newbie investors read this post as a reference in increasing knowledge in investing in Crypto assets and also how to store assets that are truly safe. Storing assets on the Exchange is certainly very risky, but if you store assets on the Exchange in small amounts to avoid the large fee burden that must be borne and make it easier to disburse funds when needed, this can be done especially for investors who use the DCA strategy.
Newbie investors need to increase security to protect the assets they own and need to avoid storing long-term assets on exchanges, because this action is not recommended. They must always be consistent in developing their knowledge and love every process they go through, this method will take them further and last longer by enjoying maximum results than investors who only focus on the results.

You just mentioned the fundamentals of this journey, this reminds me of what happened to me when I used exchange to receive a BTC worth of $11.68 and I lost it because it wasn't up to the minimum deposit of that exchange, then I was just a novice and I belived that it is only exchange that can do such, exchange has different excuses at all time, as for me, be it short or long-term investment, i dont have anything to do with exchange unless in terms selling a little of my profit from my Bitcoin holding and It can never be the exchange I lost my funds in, that fund i lost is still affecting me till this moment, my sincere advise for every newbie is that even though you want to do any form of transaction in any exchange, you should be security conscious at all time and always know their minimum deposit to avoid being a victim of regret. There are numerous excuses in exchanges and a newbie do not need those stress during Bitcoin accumulation process, to avoid any form of distraction in the journey, every newbie should concentrate on making use of non-custodial wallet for accumulation of Bitcoin to maintain high level of security that allows personal control of your holdings and continue doing the needful for the long-term expected outcome.

In as much as I agree with you that every newbie should choose non custodian wallets when it comes to storing their assets. But on the issue of you losing your asset on exchange because the asset was below the minimum deposit was completely your fault. Every exchanges has terms and conditions of use and before you signed up with them you agreed with those terms and conditions of which the minimum deposit was part of those terms and conditions, so if you failed to confirm each minimum deposit before making your transaction, I think it's a total neglegence from your side and the exchange shouldn't be held responsible for that. But it's a good thing that you shared your experience with others so that through your experience both newbies and old investors won't make such mistakes in the in the future.

If people got confused about what are the best non custodian wallet to choose then they should see this site https://www.techopedia.com/cryptocurrency/best-non-custodial-wallets

They should never think about that exchange are best for them to store their bitcoin since there's lot of risk involve for doing that. Also we don't know if the exchange would ever last for more 4-10 years cycle that's why we should seek for better wallets to make sure that our funds accumulated will be safe for scamming and hacking incidents. I didn't encounter any issue regarding on minimum deposit errors since I always make sure that I follow the minimum requirement of exchange. Also people should follow that and do research on possible consequences of their action done so they could avoid any potential losses due to bad decisions they take.

Majority wants to be safe from anything and want to succeed on their investment, that's why they should do more research to verify every information since this could help them a lot especially taking critical decisions.