Bitcoin Forum

Hello Everyone,
I’m a female in my 30’s and when I first heard about bitcoin from Max Keiser on RT in 2009 instead of trying to figure out how to mine the bitcoin, I listened to his advice about gold and bought some coins.
Biggest mistake ever lol!
For the next 9 years I focused on my career and got married. Now I’m divorced and started picking up interests that I had before I was with my awful ex husband. Which include bitcoin. It’s come a long way since 2009.

I feel like this community will give me something bigger to be a part of and I sure hope that cryptocurrency will be around for a long time and I can prove warren buffet wrong!

Here’s my question, my coins are currently on binance. How important is it to put them on the ledger?

VERY IMPORTANT, that's for sure. Unless you make sure they are stored in a secure wallet that ONLY you control, they will always be at some risk.

What happens if Binance gets hacked? Or runs away with everyone's coins? Or if the government shutdowns them? Answer: you lose your coins.

But that's not the only thing. You should always do your research to make sure you are doing everything fine. Which wallet to use, what measures to take to ensure that you'll be able to recover your coins regardless of what happens with your PC/device, etc... Bitcoin is still kinda hard and you need to know what you're doing.

If you are serious about Bitcoin and want to play around with some big money, I suggest you start by buying a hardware wallet. The best ones are:

1. https://www.ledger.com/
2. https://trezor.io/

The saying is that if you don't own the private key (or seed), it's not your bitcoin.

If Binance gets bankrupt, or hacked, your coins will be lost.
If your account gets hacked (usually together with your mail address) or somebody manage to impersonate you in a way or another and get access, he may be able to withdraw your coins into his own wallet.

So the best approach is to keep your funds in your own wallet.

But it's a bit more complicated. If you have a hardware wallet (is that what you meant by ledger?) then make sure you generated yourself the wallet, make sure you have the seed written down correctly and it won't even hurt, if not a big hassle, to make sure you can recover the same wallet/addresses from the seed. Just to be extra sure.

If you don't have a hardware wallet, my advice is to keep on paper wallet the Bitcoins you don't plan to use in the next months or years. There are plenty of tutorials on how to safely generate such paper wallets. (Again, it could be good to also make sure the generated private key is for the address you expect!) And only the coins you expect to spend in the rather near future should be kept in hot wallet (wallet that's connected with the internet).

It worth mentioning that keeping safely private keys or seeds means to not keep them on the computer like "bitcoin.seed.backup.txt", clearly not in e-mail or cloud storage also. Best would be on papers, written in a way you could read it properly in 5 years too, and those papers should stay in a few different (safe) places.

Do not leave your coins on an exchange. Purchase a hardware wallet like Trezor and store them and trade whenever necessary. This is easily one of the safest ways of safeguarding your assets and you can sleep easy.

Paper wallet is another great choice here. Just give access to your wallets only to people who you fully trust.

You should always have your crypto on your own wallet.
Who knows something wrong could happen in exchange platforms so it is better to keep it on your own hardware wallet.

Welcome to the Bitcoin world

You better to move your thread to Beginners & help (https://bitcointalk.org/index.php?board=39.0) section since I believe its the proper section, you will also get some insightful information about beginner question on the section


Storing a coin on an exchange is like putting your money on someone else wallets. You never know what will happen to your coin. Anyway, Its doesn't have to be a ledger, start securing your wallets with simple and cheaper steps. Just use a desktop wallet like Electrum for better security, and make sure you are protecting your PC from viruses.

I always thought his first mention of Bitcoin was in 2013 when he outed himself as a "Bitcoin millionaire". Do you remember which episode it was in 2009?

I felt saddened about your divorced though it seems that nothing last forever except Bitcoin!  ;D

If you are putting your Bitcoin on an exchange then you must be trading or holding various kinds of cryptocurrency at once because if you plan to hold it for long I think the safest and convenient way to store your Bitcoins is to own a desktop wallet like Electrum because you've an access with the private keys of your Bitcoin wallet.

We all have made mistakes, don't worry. Still not too late. Cryptocurrencies are spreading all over the world. You follow this forum and Bitcoin community. I am sure you won't miss any opportunity.

Just like what is being suggested previously by most members here, store your coins in wallet that you have a full control of your coins only. Dont forget to set up 2FA on the wallet and do some backup just in case something happen with your wallet.

A great way to distract from the divorce and the former husband and go headlong into the studying cryptocurrency and profit from cryptocurrency. I also join the advice on a hardware wallet. Only after I bought it myself, I felt safe.

Get the coins out as fast as you can, it are not your coins if you dont own the private key.  Maybe leave a bit for trading if that is what you want to do.

actually it is very important to keep your coin on ledger or at least in your wallet. I know Binance is the most reputed exchange in the market, but in crypto anything can happen, just see the example of Mt Gox. You can keep a small amount on exchange if you want to trade frequently or just transfer coins to exchange when you want to trade, then put back to ledger. Dont forger Ledger is the safest way to store cryptocurrency.

Most of the crypto i buy these days are for trading,i buy and sell immediately there is little profit. The market is really not ripe enough for me to start buying and keeping for a long time.

First, I'd like to give you my warm welcome and greetings here in the forum Ma'am snowie810. It's surprising that you should have been one of those crypto pioneers but moving on.

You have opened up a very interesting and intelligent question for someone who has just bought crypto.

Suggested above of getting your hardware wallet is true, it is a must for someone who's in crypto mostly if you're holding large amount of bitcoin or your total crypto asset is high.

It isn't advisable to store most of your assets on exchanges as said, you can store few if you do day trade but still please manage to secure those assets you have by having a hardware or desktop wallet.

For choices, there's various of them.
https://bitcoin.org/en/choose-your-wallet

Any coin that's not in your wallet, anything can happen and you loose all. It's not advisable to keep coins in exchanges except you are ready to start trading with them. So if your coin is still with the exchange, I will advise you take them out immediately and store them in Private wallet where you have your private keys

I really think that Warren Buffet is a no brainer when it comes to cryptocurrency that is why he is a critique when it comes to this kind of Decentralize idea and he didn't merely need the attention when his giving comments about Bitcoin and other Cryptocurrencies, And that's right we will show him now that we are in a bull run state patient is the key to success,

And when it comes to Hodling your bitcoin and other cryptocurrency choosing the right wallet is the only advice I can give you for now and that is right don't let your coins sit on an exchange you will need to put in in your wallet of choice that is secure and had the convenient for your daily needs.

first of all welcome to the bitcoin community. You made a wise choice investing in bitcoin but then i will advice you keep your coins in a wallet only you have the key to. I have kept some coins in an exchange before and then woke up one morning to see everything gone. So store your coins in a wallet only you have the private keys or seeds to.

It is extremely important to move your coins out of your exchange account especially because you said that you want to hold them for a longer period of time. There is not point in holding your coins in your Binance account if you don't plan to use them in the next coming months or years. Binance is a trusted site but we've seen before big exchanges being hacked or disappearing with all of clients money and history can repeat anytime so just to be sure move your coins in a safe place.

Dont keep your coins in any exchange no matter how much the exchange claim to have tight security, rather save it in a wallet address only you can access. Saving coins in exchanges can be a risky thing to do, what if they got hacked or a good hacker hacks into your account and transfer your coins. so just be careful

Welcome aboard youll get used in Bitcoin here. There are lots of guides or information that you need. Just look for the right section here and dont hesitate to ask high rank people and high positive trust users here. Enjoy and have fun trading.

Welcome to this Forum and Welcome to this Crypto World! We cant really avoid mistakes and missing out those golden opportunities to make some huge profits or money when btc is still just on early phase yet
we do have priorities in life which would be the reason on neglecting on some things which can potentially changed our lives.
About your question, it is really important to store up your coins on wallets which you do have access into its keys and never ever store up your coins on an exchange even though Binance
is good but theres no assurance that it cant be hacked so it would be a wise choice on storingg it on a ledger.

Very important to place it where you have the full control of your wallet, binance even a good exchange still have lots of possibilities to messed with your bitcoin, like what some post here mentioned, the exchange can be hacked and there's no way for  you to recover your bitcoin once that tragic happened,
is always best to have your own secure wallets with private keys you fully controlled.

@OP it's good you have started to invest into cryptocurrencies but i would advise you to withdraw your cryptocurrencies from binance exchange though it's among one of the cryptocurrencies exchanges in the crypto industry. Remember this "if you are holding some funds on a wallet which you don't have the private keys to it then keep it in mind it's not totally yours because anything can happen in this volatile space.

for your question i think ledger or in binance have their respective advantages,  for binance we may find it easier to trade or cash into FIAT for bitcoin that we have but the disadvantages may be that binance will become a SCAM site so our bitcoin is taken or there are hackers who steal bincoin bitcoin. for ledger i think it's a safe place to save bitcoin for a long time

As everyone suggested to withdraw our coins in any exchange where we bought something, but if we are already used to trade directly then there is no need to withdraw it until it done. Even though we that control of our coins inside our wallet but we can't be 100% secured from hacking. All of us were subject into that and we are just lucky if we are not one their victims.

It is indeed important specially if you have a big extra amount that you are not using to trade on binance,but storing them in binance is also secure for me binance is a trusted website just turn on 2fa for more secured storing of bitcoins there

It's good to know that there are females who are also interested in cryptocurrency, I'm sorry for your part ways with your ex husband but shifting your interests in crypto is a wise decision. However storing coins on exchanges is not safe because you don't have full control, better buy a hardware wallet because you will have full control of your coins and which you have your own private key.

Better divide your bitcoin. Keep some tradable Bitcoins to Binance and keep some in your own Ledger device. Like most everyone here says, if you don't own the private keys that is not your bitcoin! Even if Binance is now at the top of exchanges, you can't lose the fact that technology is fast changing and Binance might collapse in the process. Better be secure.

Storing cryptos on an exchange is risky but the chance of getting hacked is fairly slim since crypto exchanges have a good security . you should be fine , dont worry too much  . storing your coins on an exchange is more easier if you are an active trader  .  you can save alot of fees compare to when you store your coins on a hardware wallet and constantly sending them on an exchange  .

Welcome back again, it's not too late for you to enter in crypt, in fact we are still in the early stage, so more opportunity is coming for us.

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Exchanges are vulnerable to hacking, putting it in a hard wallet will minimize the risk, you'll be more secured.
I presume that you invest by holding it long term, then hard wallet is the best idea.

Welcome back, you have a lot of thigs to catch-up in crypto. Going back to the topic, it is important for you to store your bitcoin in a hardware wallet than putting it online, especially exchange which is targeted by hackers. 

If you have a lot of coins, you can transfer them to a cold wallet. Of course, it will be much safer. Although, if you are quite cautious and have a good attitude to security, you can easily keep money on your hard drive. It is important that your keys are on a separate media and you protect yourself from phishing sites. The danger of a hard disk can still be that it can fail at any time for various reasons. Therefore, I would reinsure your place and buy a cold wallet.

It is very important, even if binance is a secure exchange, it is better to keep your cryptocurrencies in an offline wallet, for example a ledger. Exchanges can suffer various types of attacks, and you could lose your cryptocurrencies forever.

It is necessary that OP should download Google authenticator app to prevent some hacking issues. I remembered those times when I didn't download a 2fa and there are so many emails entering my mailbox that someone is trying to hack my wallet. Binance is a good choice but it is not really safe to kept your coins there.
Anyway, I bet you have a huge profits now. Considering you bought btc and other coins way back 2009. Start to browse here in the forum to help you with your concerns. There are some guides here how to set up a wallet in nano ledger.

Unless you are trading frequently, over span of months then you should be storing in ledger though because of the unnecessary withdraw fees, there's certain risk storing in exchanges like server problems that lock your access to your withdraws, ledger is super safe if you do it correctly. Cryptocurrency would certainly be big if its usage and popularity is close to social media apps and how we use our banking apps.

I'm in a similar situation. I thought gold and silver would head to the moon back in the day, and at least they served as a hedge in case of hyperinflation. Right now central banks are hoarding gold, so it could be a worthwhile investment. As for your question: Binance is one of the best exchanges, so your funds are safe there. Always use 2FA, and when possible transfer your coins to your Ledger.

Binance is great exchange to trade .You need to clear us that do you wanna trade or hold your crypto to sell on high price .If you want to trade you can use Binance and the exchange will keep your fund security but if the exchange face any hacking you may lose your asset .So if you wanna hold your crypto use your own wallet and you can use ledger nano for more security.

Well, based on previous historical results...

All good exchanges eventually get: Hacked, Lose funds, steal funds, dissapear with funds, Die with private keys to funds.... ect.

Lets just take a quick trip down memory lane -
We have
Mt.Gox = 800k BTC hacked, stole funds, KarpFace Krappella jail
Cryptsy = Hacked, stole funds, Big Bad Vern jail
BTC-e = ??? Whatever there issue was, anycase it's gone.
Quadriga = CEO dies with keys, $130Million in funds trapped for eternity
Cryptopia = Hacked

The list continues... But, the decision is all yours. Do what you want, nobody will hold your hand around here  ;)

Even though Binance is one of the most trusted exchanges you should never leave coins on any exchange unless you plan to do day trading.  We have seen too many exchanges exit scam with customers coins already.

That will be very important to moves all of your coins to your ledger because you don't know how safe they protect the site. But I believe that binance will protect and secure their site from the attacker, so you don't need to worry. But saving all of your coins will be good in the ledger because you don't have to worried if someday your coins will be steal by the hackers because your coins in the offline connection so they don't have access to your ledger.

your idea is very good, we better keep coins in the hardware wallet because the hardware wallet is very safe compared to putting it on the market.
the hardware wallet cannot be hacked because it is not always connected to the internet network.
I myself have used the Ledge hardware wallet and the results are very satisfying because after I saved the coin into the hardware wallet my coin was safe and never hacked.

If you have small amount of them , you don't need to put it on ledger because binance is safe enough as long as you activated the 2FA as login.
But if you already have the ledger offline wallet, you can do it

it is essential to transfer everything on ledger, not to leave more than strictly necessary on the exchanges, once the transactions that are needed on the exchange are done, put everything back on a wallet of which only you have the private keys...

As for me it is important when buying cryptocurrency not to buy for the last money whether the money they took on credit.  It is very dangerous.  But experts say that the market starts to go up.  Let's see what will happen next.

Welcome to the crypto space! Bitcointalk is still the best resource for everything about the cryptoverse! I started my crypto journey here...
Get a Ledger or Trezor for long term storage. Only keep a handful in exchanges that you plan to immediately trade.

Earning crypto thru mining (PoW or PoS/masternodes), freelance work, bounties, airdrops, etc is still fun for me. I hope you enjoy your journey as well.

Try to look after coincircle. It's one of my favorite.

https://coincircle.com/l/OKL9LUxmTR

Well, you have the control of your money when it is on the ledger and you are the only one you can blame if your money disappears because it is on you. No exchanges or local wallets can control your crypto in your ledger. Anyway, I'm glad that you continue your journey here in crypto world hope that it will be your biggest break.

It depends on you.

If your coins in Binance are for trading purposes then don't put it on a ledger but instead use them for trading.
Now if your coins in Binance are for the long term then put it on the ledger because by far, it is the safest wallet.

. This is a wrong move as you don't have control over your fund should anything happens to the exchange. It okay to be trading with some fund on an exchange like Binance, but maintaining a healthy security lifestyle is key to at least securing your exchange trading fund to some degree. And avoid buying shitty coins, you may want to take off all your bitcoin from an exchange and keep it safe.

Here is a little piece of advise: You should avoid buying ICO, IEO and stay securely in bitcoin and when you feel like diversifying your portfolio, don't buy shitty coins, bitcoin is always a better way to stay safe.

How much do you have on binance though? Because if you have like less than 1 full btc or just around that figure, you may just want to play with it and practice trading. If you just plan on investing on your btcs and holding them probably for a few years, then i guess the safest would be to get a hardware wallet. You won't have a hard time looking for suggestions as to what would be a good one. The coins you leave in binance should only be those that you want to keep on moving.

I'm sorry to hear your story, hopefully cryptocurrency has a good impact on your life. Some coins are still not stable, unlike bitcoin this month it has increased by almost 5%. Hoping that altcoin can be like that.

In my opinion, keeping a coin in a ledger is not safe, a year back there have been many cases of exchange hacking or similar platforms. And it could be a disaster for you if it's hacked, so it's better to use a personal wallet, it's safer and more secure.

Well if your coin are in the binance Ledger it OK at list you can use it to trade with other tokens and coins on binance and as one of the top exchange in the cryptocurrency market you are sure of the security of your coins. You are welcome back after your long break due to marriage, stick around and continue learning.

There are always some level of risk to leave your coins on exchanges.  There have been several instances where big exchanges  ave been hacked and millions of dollars have been stolen. What if same happens to binance??
Get your coins into your personal wallet and with that it is far safer that way.

Are you actively trading on Binance?
If yes, then you should retain the balance you are actively trading so you can easily move in and out of a position.
If no, then it is a priority to move it out of the exchange and secure your coins. Put them on a hard wallet to be sure you have control over your coins.

I feel very happy to see new people in our community and happier to see women joining our cryptocurrency trip.
Back to your question, it is very important and advisable to store your crypto coins in a wallet (It could be hardward or a commercial free web wallet) because exchanges do not offer protection and you can lose them anytime.

you made a right choice investing in crypto. So many of us heard of bitcoin and other cryptos at the early stage but due to one reason or the other, we didn't take the bold step in investing in it at the early stage and before our very eyes we saw bitcoin grow beyond our imagination. Well, its never too late to start and its good you joined the crypto community now.

As your holdings have got listed to the Binance exchange surely your assets will be having good value. Whether it is for long term or short term holding, it is good to keep it safe using a ledger wallet as you've experienced more worse situations in life and once again similar thing should not happen with bitcoin usage.

If you want more safety yes definetely you should withdraw your coins to hardware wallet, ledger or trezor, i already use ledger for long and never lost nothing, and i always withdraw my coins to hardware wallet, i think is more safe and you own your private keys (passphrase) and only you can send your coins.

Imagine if you had taken the bold step back in 2009 and invest on crypto instead of Gold (although i should believe gold is another good investment) you could have be among the btc whales by now, anyways, still not too late to jump in, but compare to 2009 it was practically a gift.
Between welcome to the community, am sure you will find this space interesting, there are different categories of humans in crypto, just pick the type that suit you best ;D

If you are willing to trade your altcoins to earn profit, then it's not really important to put them on ledger. Meanwhile, if you want to hold for long-term investment (like for a year or more), it's better to store you coins on a wallet that you control the private keys to ensure that your coins are under your own security. This action is to prevent your funds from getting problem on Binance as we don't know what is going to happen tomorrow.

Agree with your opinion mate. Many atimes i have left out some of my coins because they where bought long time ago, most at time i do sell out some of the coins that am not holding the their private keys becasue, they can be stolen any time. But some coins with prospect often end up stay longer in my wallet before selling out to exchanges.

All the wallets in the cryptocurrency market, I think almost all the wallets are very strong and reliable. How much you have, or you can easily tell anyone but if you want to withdraw from the Wallet Money, then I would say it is very difficult. These cryptocurrency wallet's security systems are so strong that no other person can easily make money from someone's account.

First of welcome aboard the bitcointalk hype train, second you shouldn't even speak about any private life situations here or in any other forum (that includes your "awful ex husband" statement - which nobody cares).
About binance, it's a sad for you if you still with it as it was recently hacked: https://bitcointalk.org/index.php?topic=5140532.0 / https://www.coindesk.com/hackers-steal-40-7-million-in-bitcoin-from-crypto-exchange-binance

You should instead keeping your coins into some Hardware wallet like Trezor where you can keep your coins safely without anyone else touching them.
Or if you use any other exchange it's advisable to just exchange immediatly to fiat and send to your bank for example instead keeping them there.

The problem is that online wallets are still hackable and we've seen that before with different exchanges out there. Because often online there can be leaks of informations that could lead to a hacker targeting your wallet for stealing your money.

Yes to avoid losing your asset it not advisable to store all your cryptocurrency on a web wallet, except you are using them for trading I know binance have a little bit of strong security and have never hard issue of hacking but that not withstanding. As I have said before you are welcome back and just stay focus to learn all you need to know on crypto and the blockchain in it entirely.

you just bought at nice time. because it is the deep point which had in last few days and it will be the deep point for next year. according to many researchers and experts are talk about bull run of bitcoin or crypto world that's why i am saying that it is the important time. if you have some coins with you it is know point is hold in them for long time you just can trade and increase your crypto by some amount. day by day you will be rich person

That's very important indeed. As for the exchange, we recently got the news that it got hacked and a lot of funds are stolen from it (my funds are safe though). You do miss a lot in bitcoin but still a lot to learn and earn from it. if you have some skills you can make money here or i will advise you to learn trading skills or any others skills you can use to make money here.

keep careful to save coins in exchange and if you can save it in your personal wallet. I heard the latest news today that a large exchange like binance has also been hacked and lost around 7k BTC.

We do not have many females in cryptocurrencies world and I am happy someone like you have joined us. Cryptocurrencies market is growing and it is possible that you can become the next Warren Buffet in your community in future.  Since you have started investing. It is very important that you keep your coins safe and keeping them in exchange is not the best way to safe your coins.  I will advise you to save them offline and keep everything in safe custodies.

by now you know about the binance hack, so nothing further needs to be said about that... no exchange is 100% safe... a fact
also to be noted that on centralized exchanges you don't hold your private keys, so anything can happen, your funds are in fact on their custody... just a few weeks ago bittrex blocked my funds and demanded that I go through KYC, I had something like equivalent to 0,1btc and couldn't say no... but the point is that I would not be able to withdraw these funds without sending them all the pictures they require ... a good example
cheers

Saving your coins in binance is never a bad idea. Its secure there,soon or later you will reap the benefit of it. Having a private key to back it up will be nice

It is better to keep your coins in a hard wallet than exchanges. If you wish to HODL keep your coins as away from internet as you can. This will keep them safe from hacks.

beware , this prices above 10000 per btc very high ; bitcoin will fall under 6000 per btc at latest by august
and all coins fall too of course

Okay your opinion is well noted...

But I can't wait for that and I don't think it will again dump this year that low.
$10,000 is not high anymore since $20,000 is the ATH, and I think it's time to come out strong this year and stay bullish throughout the year.

I hope everyone will still hold, minor correction won't last.

One wallet is enough just make sure that the codes or passphrase is secure.
If you lose your hardware wallet you could recover the wallet using the passphrase.
So for me one hardware wallet is enough for all of it. I keep CS coins and Stellar in general.
Using plenty of wallet could be confusing and if you couldn't use one wallet properly then using multiple would have the same result.

We place our coins on the exchange for trading purposes, but if you save for a long time it would be better if you coin us in your personal wallet.  Because the exchange is very vulnerable to losing, because our account can be hacked, and we will lose our coins.

You don't need to regret all this in your maturation process and learn to be better as I experienced it and I continue to struggle and starting from the beginning, this good crytocurrency can receive me anytime and I hope it can't change in a short time we better start from the beginning and do this work very interesting

100% of the people here will tell you never to put any of your coins to any exchange even if the exchange is the top exchange in the market, you never know what's going to happen and you have no control on it. if you put it in your ledger and of course, you know how to operate and it
 and keep it secure, your coins are secured, you are your bank, it's better than you are responsible for your coins that to entrust to an exchange.

First I want Welcome to the community and crypto world as well. Sorry for your past, forget about it and go ahead.

If you are not day trader and if you like to hold your coins for few days then its more important to move your coins on Ledger. So your fund will be safe and you will be owner of your coins. Binance is third party and it's not much safer then Ledger.

never ever invest in huge supply coins like billions coins....in order for xrp hit 10$ in need to have market cap of 1 trillion(1000b)

and people live in illusion it will hit 40-50 usd where the all market cap is around 250-300b

invest in coins under 300 millions coins supply check team and other stuff be crawler....compare prices and supply ...

for example there is great project with 150 max supply coins each coin cost 50 cent
then you have another great project with 60 million coins max supply and coin cost 40 cent --- its better enter here because the price go easliy by demand

look how much the low supply coin on the market if to much years dont get inside
look on volume,,,,i am very risky i get early to low supply but i know why from all my research but for noobs search 500k daily  volume

mix all this and you will make it fast.

donate to people that expose shit on wiki leaks and others they deserve it
stay away from stable coins the price dont grow....

if you holder dont hold on exchange get them out and dismiss market movement

...

stay away from anonymous projects and if yes this team found way to create trust some how and still be fully anonymous which is very complex for now...

more then this you dont need...

I think you just need to follow a reliable community, you will surely meet many opportunities with cryptocurrency.I recommend that you keep existing and valuable coins like bitcoin or eth.  ;)

perfectly said but most of the people will not do that and they will not prefer cold storage or paper wallet. How many peoples in this forum are using ledger Nano wallet for their Bitcoin savings? Maybe 50 to 100 that's it buddy.
It is waste of time give suggestions on using le

I believe most of us wished to have join in when bitcoin was cheap to be mined. Well it's good you have finally decided to join in the investment into cryptocurrencies and we are all going to prove Buffet wrong, Ledger is a hardware wallet and one of the safest places to keep your cryptocurrencies.

At that time no one could actually know how Bitcoin will develope and what it will achieve. Many regret not being early adopters because they think they could be rich by now.
But there is no reason to regret, any time you join Bitcoin is a good time and there are still a lot opportunities that Bitcoin offers and long term investment in Bitcoin is still the best investment.

You are still giving advice to OP and she hasn't logged in for 2 months! Give it a rest. Newbies are explained but a Sr. Member? Shame! And you've even quoted OP but forgot to check that was her first and last post on this forum.

So far binance was one of the top exchange in the market. But any moment hacker can able to touch it and the number 1 will get affect by it are the clients or traders who used their platform. Though, I'm not a hater of binance i'm just stating the reality that can possible happen. So I suggest you to put or store it in a cold wallet or hardware wallet.

If it's true that the coins you bought first are now in binance then that can be something big for you. You can benefit from coins that you have already indirectly endured. I did not expect that you could keep all the coins that you had well in nine years. Now you can learn more about crypto currencies and determine the direction of your strategy in playing crypto currencies. You can later be easier to play in crypto currencies because you already have capital.

i dont advice crypto enthusiast to leave their coins on exchange, not even for a day, I dont care what the witdrawal fee may cost, i always pull my coin from exchange to my secure wallet, and i strongly advice and recommend the same for all crypto enthusiast, secure your token in a secure ledger to avoid loss in unforeseen circumstances.

Something really odd there... Bitcoin was virtually unknown during 2009. Only in 2011, when Wikileaks decided to accept donations in BTC, the mainstream media covered it for the first time. It looks very hard for me to believe that Max Keiser mentioned about Bitcoin in 2009. Back then Bitcoin had only a few dozen users, including Satoshi and Theymos.

Can someone confirm this?

Its very important to transfer your coin on the wallet that you have control. I recently bought Ledger to put my coins on safe so I guess you must also do that but its also up to you. I understand the trust that we have on Binance since its the top exchange, but there's no problem to trust the secured wallet especially when you have to protect big volume of coins, ledger is the best hard wallet so far.  :)

Am just curious !! Since the 2019 your coins sits on binance?i don’t think it’s possible because binance is just created not that long though I might missing something though you’ve mentioned the word “currently”

Actually no one does because we already knew that hackers targeting exchangers since then and specially in this occasions when the market is growing high again we can expect more series of hacking soon

Great to see the bulls are back in town!

You don't own your bitcoin if it's on an exchange because you don't have the private key, if it's get hacked then you will lose your bitcoin. Better get a hardware wallet asap to secure your bitcoin then store your bitcoin in it and wait for few years to maximize your profit.