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Author Topic: Bitcoin Beginner Question / PLEASE HELP  (Read 313 times)
Julian ogan
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September 20, 2019, 04:19:55 AM
 #21

It is good to use hardware wallet where you hold control of your private keys. Later you can exchange cryptos on any Non-custodial exchanges and receive your funds in your wallet.

Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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tranthidung
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September 20, 2019, 04:41:19 AM
 #22

It is good to use hardware wallet where you hold control of your private keys. Later you can exchange cryptos on any Non-custodial exchanges and receive your funds in your wallet.
There is a good thread on Custodial vs. Non Custodial Wallets - "Not your keys, not your coin" Explained.

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Malvika_sitlani
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September 20, 2019, 10:31:07 AM
 #23

It is good to own the right wallet which can keep your btc secure. To create a bitcoin wallet first you have to choose the wallets like hardware wallet, paper wallet, online wallet and desktop wallet. So it is always good to store your coin in hardware wallets like ledger nano which is secure and through this you can run multiple apps.Also there is no risk of private keys exposed.

lobster88
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September 20, 2019, 08:54:10 PM
 #24

After taking a brief on the comments, you got the detailed information but being a newbie it is highly essential to understand to safeguard yourself when you are using these wallets, store the wallet keys securely and when you are making these transactions do not open them in open browsing centers. Be aware of threats. All the efforts you kept may lead to profits if mishandled in terms of security protocol. 
Arthurbjerre78
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September 22, 2019, 10:54:52 AM
 #25

Hi

The most important thing i´d say is essential for a good bitcoin investment is to have enough capital and spread the risk throughout multiple bitcoins. Spreading the risk increases the outcome in the end, and lowers you risk at losing money.

Kind regards,
Arthur
https://www.xn--ln-yia.dk/
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