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.
Is it so difficult to download an Electrum wallet and setup a password and seed phrase? Self-custody is as easy as possible for every person, who had used a computer for at least a year. The elderly people, who don't use computers might find it difficult, but I wouldn't recommend them to get involved with crypto at the first place. Unfortunately, crypto is still mostly popular among tech savvy people and nerds/geeks.
The people, who have "careless nature" would most likely lose their money and crypto, because they might send the money/crypto to a scammer.