Post
Topic
Board Beginners & Help
Re: Is important to carry out all bitcoin transactions through your own wallets
by
SilverCryptoBullet
on 11/06/2025, 02:02:17 UTC
This is for the newbies to Bitcoin and bitcointalk at large, urging you to take your privacy and compliance seriously, since regulations from various governments are beginning to take interest in Bitcoin transactions, and just as the phrase goes. (Not your keys, not your coins), knowing that makes you stay guided on how you handle your Bitcoin transactions to avoid losing your assets to AML and other compliances.

Note: there are some red spots that regulations state for coin receptions, such as Bitcoin mixers and a few gambling sites, although the majority of the centralized regulated Bitcoin wallet hosters like exchange high restrictions on deposits from Bitcoin mixers, whereas are linen on gambling deposits.
Be your own bank because "It's not your key, it's not your bitcoin."

Many accidents that unexpectedly caused a lot of losses on many people which are enough as strong warnings for careful people in order to stay away from using centralized exchanges, custodial wallets (no private key access) to store their bitcoin.

Reminder: do not keep your money in online accounts.
Events made you scare about custodial wallets, centralized exchanges.

People just are too careless and they ignored past accidents and available warnings while they are always ready for taking risk, and exploring dangerous things by themselves and their own fund.