Pay more attention

[lizarder]

Pay more attention to security wise just as the attention given to Bitcoin accumulation.

Many people are accumulating Bitcoin as we speak but not many will hold Bitcoin successfully for the long term because they will become the next victim.

It's different because you can buy Bitcoin using certain methods, even if it's not carefully planned for a specific period. However, the security of the assets you invest really needs to be carefully prepared so that your assets are much safer and more controlled. Many people may only focus on accumulation, but many of them neglect asset security measures which can ultimately lead to much more serious problems.

There's a saying that might apply never interact with scammers. This means we need to be selective and not trust any site that offers free benefits, especially regarding wallets. Accumulating Bitcoin is arguably quite important, but far more important is how someone can protect their assets to prevent unexpected events.

[Sulegzy39]

I understand this more, you have to you pay more attention there are many scammers now people has to be very careful and always be alert to protect our asset most people have their Bitcoin in exchange, so if you are thinking that someone is helping you without exchange of anything is trying to get assess to your wallet you all should be careful.

Move your assets to a non custodial wallet and avoid the risk of being affected by using one I’m seeing many people going all in on accumulating it’s only those who are patient and can endure will be able to to profit from Bitcoin

[Youngrebel]

Funny how people would be so mischievous going about  riping people of their hard earned currencies. They donot even have a living consciousness at all. Instead of channeling their energies on productive means of getting their own money they have chosen to put tears in the hearts of orders by scamming them.
Well theres nothing we can do about them anyways, we just have to look gor different ways to ensure our wallets are secured in the little ways we can.

I'll also urge every other person to also share updates on any new scamming scheme you have noticed. Because these guys can be very tactical, always coming up with new strategies of scam here and there. Let 2026 be good for all of us and non fall into scammers.

[Joy- maker]

You are making sense here, and frankly speaking people should pay more attention to security more than the DCA, why because if they pay more attention to DCA and pay less attention to security, they will end up endangering their Bitcoin portfolio, because there is no sense in accumulating large amount of bitcoin via DCA and  then end up losing all your Bitcoin to someone else. Security should always be our first priority If we really want our Bitcoin investment to become a successful. Scammers are upgrading their scamming skills from time to time, because they know people will get familiar with the old ones. Let's try as much as possible not to fall victim of scam.

[Hazink]

There are more and more scammers, and you’re absolutely right when you say that people who are holding long term will become the next victims. It’s simply better to spend more money on a good hardware wallet and keep all your BTC on it. I know quite a few people who don’t take proper care of their Bitcoin and take the seriousness of the situation very lightly when it comes to scammers because they literally never sleep

Even someone who is making use of a hardware wallet is immune to these scammers, just as those scammers are able to penetrate exchanges which are supposed to have the highest security when it comes to protecting their reserves, then anyone who is not careful enough, even with a hardware wallet can be exposed, but it's just not as easy as they could easily get into someone using hot wallet.

[uchegod-21]

Scammers are evolving greatly and it is unfortunate that majority of investors, especially the newbie investors are not operating on thesame pace these scammers are operating on. Being on same level with the scammers is not even obtainable, every investor or trader is expected to even be ahead of scammers in terms of security. We have seen lots of records to prove that investors are being too relaxed; taking decentralization for granted and  using compromised devices or putting their devices at risk with their activities or people they interact with. This thread should remind all that security is as important as bitcoin accumulation.

[Darker45]

Not only is security just as important as your DCA or whatever strategy, it's far more important than that. Your safekeeping is a must; DCA isn't. We can all do away with DCA, but can we do away with securing our funds? No.

We don't even have to go fully air-gapped. I think it's enough to go for a hardware wallet. But the problem isn't even that. It's not even where they moved their coins after buying it from an exchange. Are they even moving it?

[Publictalk792]

Not only is security just as important as your DCA or whatever strategy, it's far more important than that. Your safekeeping is a must; DCA isn't. We can all do away with DCA, but can we do away with securing our funds? No.

We don't even have to go fully air-gapped. I think it's enough to go for a hardware wallet. But the problem isn't even that. It's not even where they moved their coins after buying it from an exchange. Are they even moving it?

Safety of your money is more important than any investment plan since when your security fails, you lose all money. Most people leave their Bitcoin on exchanges and may not understand that they are not in control of their coins, they are just getting promise from company that could vanish once exchange is attacked or once company closes its doors. Although new users tend to remain on exchanges due to fear of losing their own passwords, great middle solution would be Multi-Signature setup. This method uses several keys to move money and as such, even if thief takes one key, you are still safe with your money. Families can also recover money  future with ease using this plan without having to use one master password. So moving your coins out of exchange is habit that you need to get into as investor with serious interest.

[sunsilk]

But the problem isn't even that. It's not even where they moved their coins after buying it from an exchange. Are they even moving it?

I guess that majority especially the new investors don't really move their coins at all. They're keeping it to the exchange and that's one mistake that's being passed on to the other users thinking that it's a norm.

Let's try as much as possible not to fall victim of scam.

Once got scammed, that's already enough. But others don't have to experience that when there are the experienced ones giving them an idea on how to avoid it.

The problem with that after hearing such tips and they don't listen, falling for it is a choice by them.

[TheUltraElite]

Scammers are evolving greatly and it is unfortunate that majority of investors, especially the newbie investors are not operating on thesame pace these scammers are operating on. Being on same level with the scammers is not even obtainable, every investor or trader is expected to even be ahead of scammers in terms of security.

Some simple steps can save a lot of headache.

Keeping your devices secure, not downloading files from 3rd party websites and sideloading apps, unless you are a developer. Storing coins on exchanges is one the biggest blunders that many people have been doing and repeating this over and over again does not have any effect because the members of this forum is a small volume of the total number of people on these exchanges.

[SOKO-DEKE]

Pay more attention to security wise just as the attention given to Bitcoin accumulation.

Many people easily forget about their security when they are accumulating, not knowing that security should be the most important thing when someone is about to invest in cryptocurrency. But many people take it as less important, and that is the reason why some people lose their Bitcoin or other crypto investments that they have struggled to accumulate for a long time, due to scammers.As for me, if people can understand this, it will be better for them to learn more about their security before even beginning to accumulate Bitcoin. That is why I think more people should learn well and be able to implement proper security measures for their crypto investments by following the right steps to ensure tight security.

[Agbamoni]

The best decision in not in bitcoin accumulation, but knowing how to safeguard the asset and also be profitable for its investment, a lot of people make mistakes unknowing to later discover what they would have avoided earlier, we must appreciate the presence of a platform like this that brings light to different aspects of bitcoin and crypto to be discussed broadly and openly for the benefit of each other, knowing the difference between a custodial wallet and non custodial wallet could be the first pathway to safeguard ourself from future panic of losing our coins and FOMO.

You are right here. The least Bitcoin portfolio will be worth something better in decades to come, so security is very important and should be prioritized over accumulation.

It can take years to accumulate over 1 bitcoin, but it can take only 3o seconds for someone who has access to your wallet to steal your bitcoin before your eyes. I think it is the main reason why people preach security first before understanding investment or trading knowledge.

[Rockson1]

You are right here. The least Bitcoin portfolio will be worth something better in decades to come, so security is very important and should be prioritized over accumulation.

It can take years to accumulate over 1 bitcoin, but it can take only 3o seconds for someone who has access to your wallet to steal your bitcoin before your eyes. I think it is the main reason why people preach security first before understanding investment or trading knowledge.

This is a fact, but both should be should be taken seriously since without acumulation there won't be anything to secure, it means both are very important as it concerns Bitcoin investment, although I understand your logic, since we are have our portfolio appreciating, we should do all we can, to safeguard it because if it is intact as it is, it will definitely appreciate more in the future but if we can't access it anymore, it means we have lost it, unless we are lucky to gain access to it again and whats the guarantee, I don not know if Bitcoin investors do keep "not your keys, not your Bitcoin" in their mind, I think this should be in the mind of every Bitcoin investor.

[katanic97]

There are more and more scammers, and you’re absolutely right when you say that people who are holding long term will become the next victims. It’s simply better to spend more money on a good hardware wallet and keep all your BTC on it. I know quite a few people who don’t take proper care of their Bitcoin and take the seriousness of the situation very lightly when it comes to scammers because they literally never sleep

Even someone who is making use of a hardware wallet is immune to these scammers, just as those scammers are able to penetrate exchanges which are supposed to have the highest security when it comes to protecting their reserves, then anyone who is not careful enough, even with a hardware wallet can be exposed, but it's just not as easy as they could easily get into someone using hot wallet.

Yes, i agree, but a hardware wallet is still the safest option, right? As you mentioned, it’s nowhere near as easy as it is with hot wallets. I know many people who entered the world of cryptocurrencies without properly informing themselves, and they easily become victims of scammers attacks. But at the same time, there are also people who genuinely believe they can double their money and that someone will actually give it to them if they share their personal information…

[CryptoYar]

[...]

Reason hardware wallet is safest is that it stays offline and out of reach by hackers, but it is no use in case user is tricked to use their secret recovery words in fake site. Now thinkers found that scammers have begun to do their attacks on permission scams to trick you into doing real trade allowing them to steal your coins or on fake videos of famous leaders to promise that they will double your money. In my view, hardware wallet is perfect safe deposit box but it cannot keep protecting someone who fits into story of person who signs key over to thief. Hardware can not save person who ends up in way of thinking that some stranger on internet wants to make them rich person. So you should use safety tools to look over your digital deals.