With my few research and learning of bitcoin this few days of joining this forum. I have come to know that in the early beginning of Bitcoin talk, if u don’t control your own private keys, you don’t truly own ur own bitcoin, that y most people will say that “NOT UR KEY NOT UR COIN”
Not just in the beginning of bitcoin nor just in Bitcointalk but in cryptocurrencies generally, if you don’t have the private key of your wallet you don’t have control over it, whoever holds the private key owns the bitcoin; that is to say that Centralized exchanges or whatever wallet that doesn’t use private key or doesn’t all you to hold the safety of your coins then you don’t have full control over the coins.
Well I feel that now as the system keeps on upgrading with the help of discretionary bitcoin funds management that is the expert traders which help users handle their buying and selling, which save allot of stress of market swings, this have created a divide between the HODL that the “just buy and hold Bitcoin “ which means that you are the boss of ur own Bitcoin, no middle man. Which will be necessary that one will protect his seed phrase from 12 to 24 words protecting it as if u protecting one’s life and also keeping it offline.
For security purpose. And as a newbie before one can use HODL he need to be technical hobbyists, who’s willing to learn how to use cold-card or a ledger because HODL is the undisputed king.
pls I would love to ask as newbie that is coming up in his accumulation process does it matter to make use of the DCA strategy for now??
I don’t know what you’re saying but everything you have said is bullshit, I don’t know where exactly you learnt all this but if you ever learnt it from Bitcointalk, please go and reread or unlearn all this rubbish and comeback to read valid or understand better.
