Post
Topic
Board Bitcoin Discussion
Re: Can self-custody be something discouraging for new people in bitcoin?
by
Alone055
on 26/10/2024, 23:45:15 UTC
Can self-custody be too difficult to practice by a crypto investor? Because I spoke to somebody about bitcoin and the person responded by saying that they are not too sure that they can trust their self to keep their investment safe because of their careless nature, and this got me thinking because can I call this person being very sincere or the person is just afraid to try.
Everyone should be in-charge and control of their bitcoin investment, and if somebody knows that they cannot practice self custody then I don't believe that bitcoin should be what they are investing in because it is simply not safe for someone else to be helping you manage your investments in bitcoin.

It's not out of disrespect or anger or anything like that, but I would say Bitcoin and cryptocurrencies are not for such people. Honestly, if someone thinks they can't manage their own money or investments, they are better off using centralized services such as banks to keep their assets and allow them to make investments on their behalf and keep all the profit and give them peanuts in return for using their money for those investments.

If someone grows up, becomes an adult, and it's already time for them to start their practical life, they can't say that they are too careless to be able to manage their assets or investments and if they do say such things, they need to understand that it's time for them to literally grow up. The world has reached new heights, and some people are still playing video games and eating snacks sitting on their couch all day saying they are too careless to do something for themselves. No offense to gamers, what I'm trying to say is that someone shouldn't waste all their time and think about doing something as soon as possible before it's too late in life.