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sotelorene
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July 23, 2026, 03:29:38 PM |
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Fourthly, scammers target everybody, but they often target beginners because they know that newbies will be eager to make quick profit. therefore, any investment platform promising guarantee of profit or secret investment opportunities should be avoided immediately.
Beginners are more vulnerable to scammers not basically because of their eagerness to make quick profit but because they lack sufficient knowledge about the crypto space.Scammers can deceive beginners by convincing them with misleading information and when they believe it they become more vulnerable and their wallet at the end may get compromised.It’s crucial to understand the basic knowledge in regards to security because your security is your priority in this space.Then again,even most experienced bitcoiners fall victim to scam because of their eagerness to make quick profit so it’s not only restricted to newbies and lastly always avoid those projects that promises unimaginable returns because it’s from those platforms ones account can get compromised. Exactly, that is what we call knowledge gap. When someone has more Information than you then there is a high possiblity that the person can take advantage of the other person with a limited knowledge. I agree with you that newbie can easily get scammed because of limited knowledge or limited information and also greed can make them get scammed and this particular one is not only about newbie even bigger or average investor can also be scammed because of greed so in order for someone not to get scammed they should work on themselves about getting enough knowledge and reduce the level of greed.
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Halifat
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July 23, 2026, 04:52:22 PM |
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Many people enter the bitcoin space with one goal in mind, making profit. Although there is nothing with that goal in mind, but i believe that one of the first things newcomers should learn is not how to buy bitcoin, but how to protect it.
A little reordering, how to buy is the first thing to learn actually. You cannot convince me that you're learning how to protect what you don't even know how to acquire. What newbies should learn first is how to protect their bitcoin investment and not how to buy bitcoin. Buying bitcoin is very easy, but keeping it is the most difficult thing to do. Let's say you are new to Bitcoin, and you want to start your Bitcoin investment journey with one Bitcoin because you have the funds, and after buying your first Bitcoin don't you think there are possibility of you losing it to hackers, Scammers, phishing attacks or even losing access to your wallet if you don't know how to protect your Bitcoin? I get your point correctly, the security is the most important factor here, because some people are just hearing about Bitcoin which they think it's operate like a normal fiat money that is being controlled by a Central Bank. Having control over your asset is what the bitcoin means, so in this place you will be in control of everything, that is why you know how to secure your investment very well. Hackers normally can identify newbie easily, but they only got that help from the newbies themselves by responding to their demands, from their they are able to identify that this person is a newbies.
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Gost ms
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July 23, 2026, 06:52:22 PM |
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Fourthly, scammers target everybody, but they often target beginners because they know that newbies will be eager to make quick profit. therefore, any investment platform promising guarantee of profit or secret investment opportunities should be avoided immediately.
Beginners are more vulnerable to scammers not basically because of their eagerness to make quick profit but because they lack sufficient knowledge about the crypto space.Scammers can deceive beginners by convincing them with misleading information and when they believe it they become more vulnerable and their wallet at the end may get compromised.It’s crucial to understand the basic knowledge in regards to security because your security is your priority in this space.Then again,even most experienced bitcoiners fall victim to scam because of their eagerness to make quick profit so it’s not only restricted to newbies and lastly always avoid those projects that promises unimaginable returns because it’s from those platforms ones account can get compromised. Exactly, that is what we call knowledge gap. When someone has more Information than you then there is a high possiblity that the person can take advantage of the other person with a limited knowledge. I agree with you that newbie can easily get scammed because of limited knowledge or limited information and also greed can make them get scammed and this particular one is not only about newbie even bigger or average investor can also be scammed because of greed so in order for someone not to get scammed they should work on themselves about getting enough knowledge and reduce the level of greed. I often say that a half-wise person is more dangerous or risky than an ignorant person. Because a person who is ignorant will definitely want to collect information from many places before taking any action and if he cannot collect information himself then he will definitely go to someone from whom he can gain knowledge or get correct information. But a person who is half-wise is never willing to take knowledge from anyone but wants to move forward with what he understands himself and he will never want to accept or try to understand the wrong decision he has taken because of his knowledge. It is good for a person to have a little knowledge but he should also be careful that he is not half-wise. No matter what the subject is, if a person acquires knowledge then he must definitely acquire complete knowledge.
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AYOBA
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July 23, 2026, 08:22:24 PM |
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Therefore, before buying your first bitcoin it is important to understand that you are entering into a system where you are fully responsible of your funds, the bitcoin system is not like the traditional bank where we have customers support that can reverse transactions or recover stolen funds. ones your bitcoin is gone it is likely gone forever.
The most important thing to do when someone comes to buying his first Bitcoin is to seek for knowledge and comprehend how the Bitcoin system operates. But some people take Bitcoin like physical goods that if they buy and take it to the market if the market is not doing well the way they expect they will bring everything back home, whereby Bitcoin is not that is a place where you can get lose of your money at any time, which is why having the background before everything is very important for each an everyone. So that he/she will be prevented from falling into any kind of trap that they will not be able to escape.
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Baki202
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July 24, 2026, 02:51:32 PM |
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The most important thing to do when someone comes to buying his first Bitcoin is to seek for knowledge and comprehend how the Bitcoin system operates. But some people take Bitcoin like physical goods that if they buy and take it to the market if the market is not doing well the way they expect they will bring everything back home, whereby Bitcoin is not that is a place where you can get lose of your money at any time, which is why having the background before everything is very important for each an everyone. So that he/she will be prevented from falling into any kind of trap that they will not be able to escape.
When you purchase your first coin, you should have a reason for doing so because, aside from the fact that we all know how important it is, if you have a reason, you will be able to understand why you are purchasing, and even when you begin learning, what you are learning will make a lot of sense to you because you already know what you want to archive. Additionally, Bitcoin and physical goods share similarities in that you can decide to buy whenever you want and sell at the same time. Most importantly, you should have a reason for wanting to own Bitcoin. Everyone has a different reason, and some see it as a retirement plan, while others see it as a way to make daily profits. When you have a reason, you will see things differently, and that is exactly how it is supposed to be when you start to have a purpose for investing in Bitcoin because it is a serious matter.
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ruykeri
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July 24, 2026, 03:58:34 PM |
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Many people enter the bitcoin space with one goal in mind, making profit. Although there is nothing with that goal in mind, but i believe that one of the first things newcomers should learn is not how to buy bitcoin, but how to protect it.
A little reordering, how to buy is the first thing to learn actually. You cannot convince me that you're learning how to protect what you don't even know how to acquire. What newbies should learn first is how to protect their bitcoin investment and not how to buy bitcoin. Buying bitcoin is very easy, but keeping it is the most difficult thing to do. Let's say you are new to Bitcoin, and you want to start your Bitcoin investment journey with one Bitcoin because you have the funds, and after buying your first Bitcoin don't you think there are possibility of you losing it to hackers, Scammers, phishing attacks or even losing access to your wallet if you don't know how to protect your Bitcoin? I get your point correctly, the security is the most important factor here, because some people are just hearing about Bitcoin which they think it's operate like a normal fiat money that is being controlled by a Central Bank. Having control over your asset is what the bitcoin means, so in this place you will be in control of everything, that is why you know how to secure your investment very well. Hackers normally can identify newbie easily, but they only got that help from the newbies themselves by responding to their demands, from their they are able to identify that this person is a newbies. It is true that scammers or hackers always target the inexperienced because due to their lack of knowledge, they basically do not know what reasons they can be hacked or lose access to their own wallet. Therefore, there is no basis to think that those who are experienced are at low risk and do not fall victim to fraud. For fraudsters beginners are often use relatively simple and familiar methods such as phishing links, advertisements that will make a quick profit, or asking for a seed phrase as customer support. But it is not possible to trap those who are experienced through such steps. In their case, they work differently. For example, after knowing that an experienced person has enough bitcoin in their wallet, hackers usually try to take control of their entire device by sending fake notifications or website links in the same way that the person uses, what kind of websites they use, what kind of apps they use, the kind of notifications they see on their personal phone or computer. Where they can see all the data on the device if they can hack his device . If someone writes down all the wallet address data including the seed phrase in a file format or their online notepad or in a folder, it can be dangerous for them. Again, it has been heard that many people have hacked their close relatives' social media accounts or WhatsApp without getting the opportunity to hack experienced one and have asked for a large amount of money through them. Many people have transferred BTC from their wallets without verifying that they were asking for a close relative. And experienced people are much more confident because they have not faced any kind of problem for a long time. They cannot imagine that they can ever be a victim of fraud. Because of this, they are often not aware of the way they usually send ,receive , transactions on the wallet or exchange. As a result, they can often lose bitcoin due to mistakes. Although this possibility is low. Even so, where such a large amount of wealth is involved, everyone should exercise extra caution.
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Hyphen(-)
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July 24, 2026, 04:09:03 PM |
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When you purchase your first coin, you should have a reason for doing so because, aside from the fact that we all know how important it is, if you have a reason, you will be able to understand why you are purchasing, and even when you begin learning, what you are learning will make a lot of sense to you because you already know what you want to archive. Additionally, Bitcoin and physical goods share similarities in that you can decide to buy whenever you want and sell at the same time.
Mostimes, Fear of Missing out FOMO is the reason some newbies rush Bitcoin investment even without having reason to invest; it is good if they try to buy Bitcoin because of investment so that you will have a future plan instead of rushing to buy some shitcoins that can make you regret at your first crypto investment. Learning and knowing about Bitcoin and how it works is the most important thing, if you know about Bitcoin and its purpose of creation, you will be free and invest in Bitcoin without fear. The security mindset will come from the knowledge you have about Bitcoin. Most importantly, you should have a reason for wanting to own Bitcoin. Everyone has a different reason, and some see it as a retirement plan, while others see it as a way to make daily profits. When you have a reason, you will see things differently, and that is exactly how it is supposed to be when you start to have a purpose for investing in Bitcoin because it is a serious matter.
Yes, having reason to invest is good, you will be more consistent with your investment if you have good reason for investment. Future plan, retirement, and others can be a good reason to invest and keep holding Bitcoin because it will sore its value in the future.
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Popkon6
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July 24, 2026, 04:48:27 PM |
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Most importantly, you should have a reason for wanting to own Bitcoin. Everyone has a different reason, and some see it as a retirement plan, while others see it as a way to make daily profits. When you have a reason, you will see things differently, and that is exactly how it is supposed to be when you start to have a purpose for investing in Bitcoin because it is a serious matter.
It is most important to have a long-term investment in Bitcoin, those who invest in Bitcoin for a long time are the best investors. Every person cannot improve anything in life without taking risks, so every person must take risks and have a purpose. It is impossible to reach the destination without a purpose, so if someone invests in Bitcoin for a long time and holds it in the future, then that person will definitely be successful. Because only long-term Bitcoin investment will increase the success rate of each person, and create the ability to achieve more benefits.
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Sonia_123
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July 24, 2026, 08:07:07 PM |
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Developing security mindset is very important before the purchase of your first bitcoin and that is why you see Bitconers falls to prey because they are suppose to be ready for whatever comes their way, knowing fully that you control your fund if anything goes wrong, customers will not be held responsible for it but yourself, accepting to be secret both in physical and digital in other to properly secure your private keys and other important documents needed for the safety of your investment .
One should not spend Bitcoin unless you really mean it that is when necessary you need to be careful when spending it . Before going into bitcoin investment one is supposed to understand what, how it function and operates, read everything you see about Bitcoin, so that it will be easy for you.
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lovesmayfamilis
Legendary

Activity: 2898
Merit: 5749
🧿🌿🕊️
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July 25, 2026, 07:24:16 AM |
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Developing security mindset is very important before the purchase of your first bitcoin and that is why you see Bitconers falls to prey because they are suppose to be ready for whatever comes their way, knowing fully that you control your fund if anything goes wrong, customers will not be held responsible for it but yourself, accepting to be secret both in physical and digital in other to properly secure your private keys and other important documents needed for the safety of your investment .
One should not spend Bitcoin unless you really mean it that is when necessary you need to be careful when spending it . Before going into bitcoin investment one is supposed to understand what, how it function and operates, read everything you see about Bitcoin, so that it will be easy for you.
I would like to ask if there is a case where a person has an obligation to spend bitcoins, but he himself is extremely unwilling to do so. Can something like this really happen? Yes, sometimes we have to sell some of our funds, while others sell everything in full, but isn't this happening of our own free will? Or do you mean someone who forces the sale? All that should frighten a person who wants to purchase bitcoins is just his lack of education and haste. If someone has doubts, it is always necessary to clarify where such doubts come from, improve the information by finding out all the points of interest that are not clear, and only then act. A person is guilty of his own lack of education and further mistakes, and the rush to make decisions always proves this.
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SeriouslyGiveaway
Sr. Member
  

Activity: 798
Merit: 267
Bitz.io Best Bitcoin and Crypto Casino
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July 25, 2026, 07:43:37 AM |
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One should not spend Bitcoin unless you really mean it that is when necessary you need to be careful when spending it .
I would like to ask if there is a case where a person has an obligation to spend bitcoins, but he himself is extremely unwilling to do so. Can something like this really happen? Yes, sometimes we have to sell some of our funds, while others sell everything in full, but isn't this happening of our own free will? Or do you mean someone who forces the sale? People who did not have good financial management, risk management and their investment management will face with such times. Consequence can be very severe if people bought bitcoin with loan money, and worse if they escalated risk by using leverages. With people who use own money for investment purpose, it is still risky if they don't have these aforementioned managements good enough. It's more risky with people who bought bitcoin for other purposes like trading spots or trading margin or futures. Discussion and advice about it are said many times in buy sell, buy hold topics. Investors must know "invest what you afford to lose" and by that they will prepare money to use for emergency.
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Hardyrobust
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July 25, 2026, 02:18:47 PM |
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It is true that scammers or hackers always target the inexperienced because due to their lack of knowledge, they basically do not know what reasons they can be hacked or lose access to their own wallet. Therefore, there is no basis to think that those who are experienced are at low risk and do not fall victim to fraud. For fraudsters beginners are often use relatively simple and familiar methods such as phishing links, advertisements that will make a quick profit, or asking for a seed phrase as customer support. But it is not possible to trap those who are experienced through such steps. In their case, they work differently. For example, after knowing that an experienced person has enough bitcoin in their wallet, hackers usually try to take control of their entire device by sending fake notifications or website links in the same way that the person uses, what kind of websites they use, what kind of apps they use, the kind of notifications they see on their personal phone or computer. Where they can see all the data on the device if they can hack his device . If someone writes down all the wallet address data including the seed phrase in a file format or their online notepad or in a folder, it can be dangerous for them. Again, it has been heard that many people have hacked their close relatives' social media accounts or WhatsApp without getting the opportunity to hack experienced one and have asked for a large amount of money through them. Many people have transferred BTC from their wallets without verifying that they were asking for a close relative. And experienced people are much more confident because they have not faced any kind of problem for a long time. They cannot imagine that they can ever be a victim of fraud. Because of this, they are often not aware of the way they usually send ,receive , transactions on the wallet or exchange. As a result, they can often lose bitcoin due to mistakes. Although this possibility is low. Even so, where such a large amount of wealth is involved, everyone should exercise extra caution.
Being experience doesn't make anyone immune to scammers. So there is possibility that even those that has been investing in bitcoin for long can still become victims of Sams. Most scammers don't target newbies because it is rare for someone that is just starting out to have a reasonable amount of bitcoin in there portfolio. However, this is not the same for old investors that has been accumulating bitcoin for more than 5 years. Both newbies and those that thinks that they are experienced can still fall victim to scams. The only way to avoid being scam is to always stay up to date with the latest security tips and latest fraud cases because scammers are always coming up with new tricks , so the best possible way is for people to always update with the latest security tips or crypto related scams.
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Tmoonz
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July 25, 2026, 03:46:06 PM |
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It is true that scammers or hackers always target the inexperienced because due to their lack of knowledge, they basically do not know what reasons they can be hacked or lose access to their own wallet. Therefore, there is no basis to think that those who are experienced are at low risk and do not fall victim to fraud. For fraudsters beginners are often use relatively simple and familiar methods such as phishing links, advertisements that will make a quick profit, or asking for a seed phrase as customer support. But it is not possible to trap those who are experienced through such steps. In their case, they work differently. For example, after knowing that an experienced person has enough bitcoin in their wallet, hackers usually try to take control of their entire device by sending fake notifications or website links in the same way that the person uses, what kind of websites they use, what kind of apps they use, the kind of notifications they see on their personal phone or computer. Where they can see all the data on the device if they can hack his device . If someone writes down all the wallet address data including the seed phrase in a file format or their online notepad or in a folder, it can be dangerous for them. Again, it has been heard that many people have hacked their close relatives' social media accounts or WhatsApp without getting the opportunity to hack experienced one and have asked for a large amount of money through them. Many people have transferred BTC from their wallets without verifying that they were asking for a close relative. And experienced people are much more confident because they have not faced any kind of problem for a long time. They cannot imagine that they can ever be a victim of fraud. Because of this, they are often not aware of the way they usually send ,receive , transactions on the wallet or exchange. As a result, they can often lose bitcoin due to mistakes. Although this possibility is low. Even so, where such a large amount of wealth is involved, everyone should exercise extra caution.
Being experience doesn't make anyone immune to scammers. So there is possibility that even those that has been investing in bitcoin for long can still become victims of Sams. Most scammers don't target newbies because it is rare for someone that is just starting out to have a reasonable amount of bitcoin in there portfolio. However, this is not the same for old investors that has been accumulating bitcoin for more than 5 years. Both newbies and those that thinks that they are experienced can still fall victim to scams. The only way to avoid being scam is to always stay up to date with the latest security tips and latest fraud cases because scammers are always coming up with new tricks , so the best possible way is for people to always update with the latest security tips or crypto related scams. I agree with you that there is no immunity towards being scammed as it can happen to anyone but however, there is more vulnerability to the newbies compared to that has been in the system for long as they are more experienced and has gained more exposure to identify scam from a distance, most scammers don't consider size of what they can scratch to them anything means a lot, this is to say both the newbies with little size of bitcoin is also a big target, let the bad day not come to you if not no matter your level of updates on security tips you have you can still be taken unaware, I guess that validate the saying that no one is immune to being scammed.
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SOKO-DEKE
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July 25, 2026, 05:12:07 PM |
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Being experience doesn't make anyone immune to scammers. So there is possibility that even those that has been investing in bitcoin for long can still become victims of Sams. Most scammers don't target newbies because it is rare for someone that is just starting out to have a reasonable amount of bitcoin in there portfolio. However, this is not the same for old investors that has been accumulating bitcoin for more than 5 years. Both newbies and those that thinks that they are experienced can still fall victim to scams. The only way to avoid being scam is to always stay up to date with the latest security tips and latest fraud cases because scammers are always coming up with new tricks , so the best possible way is for people to always update with the latest security tips or crypto related scams.
When we talk about experience, it is someone who has gathered enough knowledge about a particular thing. If that is the case, it is very possible that an investor should be able to protect their investment from scammers based on the level of knowledge they have. When they say an experienced investor, it does not necessarily mean the number of years they have spent in the crypto industry, but the knowledge they have gained in the cryptocurrency industry over sometimes. Some people have been in the crypto industry for over five years, but I still see them as beginners based on their level of knowledge. So, to me, experience plays a major role in protecting someone from becoming a victim of scammers.From the knowledge some people have gathered so far, they can sense whether the person is trying to scam them and from that point they can take proper actions and do further research before trusting such person.
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GIF-JOBS
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July 25, 2026, 06:23:01 PM |
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Most importantly, you should have a reason for wanting to own Bitcoin. Everyone has a different reason, and some see it as a retirement plan, while others see it as a way to make daily profits. When you have a reason, you will see things differently, and that is exactly how it is supposed to be when you start to have a purpose for investing in Bitcoin because it is a serious matter.
It is most important to have a long-term investment in Bitcoin, those who invest in Bitcoin for a long time are the best investors. Every person cannot improve anything in life without taking risks, so every person must take risks and have a purpose. It is impossible to reach the destination without a purpose, so if someone invests in Bitcoin for a long time and holds it in the future, then that person will definitely be successful. Because only long-term Bitcoin investment will increase the success rate of each person, and create the ability to achieve more benefits. Continuing to invest for the long term is definitely a good approach and most of those who have adopted long term investment strategies in the past have got good results from it. It is true that every investment has risks, whether it is business or any other investment. Similarly, there are risks in long term investment. Therefore, decisions should be made considering risk management and limitations in long term investment. As a result, risk management is prepared and the investment can be successfully maintained in the long term. But those who do not have the risk-taking mindset, and want to invest for the purpose of risk-free and guaranteed success, will never actually find anything from which they can achieve success in a completely risk-free way as they expect. So basically, one has to take risks, but not blindly, rather through research and through risk consideration.
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Tungbulu
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July 25, 2026, 10:43:50 PM |
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I agree with you that there is no immunity towards being scammed as it can happen to anyone but however, there is more vulnerability to the newbies compared to that has been in the system for long as they are more experienced and has gained more exposure to identify scam from a distance, most scammers don't consider size of what they can scratch to them anything means a lot, this is to say both the newbies with little size of bitcoin is also a big target, let the bad day not come to you if not no matter your level of updates on security tips you have you can still be taken unaware, I guess that validate the saying that no one is immune to being scammed.
That’s right. One can never really be too careful, but experience can actually reduce the risk of falling for a scam, but that still doesn’t in anyway give immunity to you or completely eliminate the risks. One thing about scammers is that, they have a way of updating their schemes so even newbies and experienced users can easily fall victim if they are not cautious.
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tech30338
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July 26, 2026, 11:20:30 AM |
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I agree with you that there is no immunity towards being scammed as it can happen to anyone but however, there is more vulnerability to the newbies compared to that has been in the system for long as they are more experienced and has gained more exposure to identify scam from a distance, most scammers don't consider size of what they can scratch to them anything means a lot, this is to say both the newbies with little size of bitcoin is also a big target, let the bad day not come to you if not no matter your level of updates on security tips you have you can still be taken unaware, I guess that validate the saying that no one is immune to being scammed.
That’s right. One can never really be too careful, but experience can actually reduce the risk of falling for a scam, but that still doesn’t in anyway give immunity to you or completely eliminate the risks. One thing about scammers is that, they have a way of updating their schemes so even newbies and experienced users can easily fall victim if they are not cautious. no matter how secure or strong the security is if the user made a mistake like for example you click a certain link and then it ask you to enter a password a phrase, you will get scam or compromise because you did not hesitate or think like, wait I'm not making any transaction, I'm not opening a wallet why is it asking for a seed phrase in the first place, presence of mind in a situation is very important, we sometimes just enter something when it pops up, most newbies with little knowledge at the moment can make a mistake like this, it is important that we know what to do read what pops up, before acting.
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BItcoin Guy@
Newbie

Activity: 8
Merit: 0
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July 26, 2026, 12:44:31 PM |
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What newbies should learn first is how to protect their bitcoin investment and not how to buy bitcoin. Buying bitcoin is very easy, but keeping it is the most difficult thing to do. Let's say you are new to Bitcoin, and you want to start your Bitcoin investment journey with one Bitcoin because you have the funds, and after buying your first Bitcoin don't you think there are possibility of you losing it to hackers, Scammers, phishing attacks or even losing access to your wallet if you don't know how to protect your Bitcoin?
Thank you for given us this important information about bitcoin. You’re right, because when you can’t secure your bitcoin, he will be easy for people to get access to it and scam you up in your investment. And they have many people that have invested in bitcoin, and they have been rube because they expose there self. When we’re careful in anything we’re doing, business or investment, in anything, even is not bitcoin, is very important to secure our property before anyone can temper with it, and start to regret later. Since bitcoin is decentralized, you only get access to your coin and the wallet you invest your bitcoins in, and if you don’t protect it, other will hurt you and collect what you have been building for long term.
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icebar
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July 26, 2026, 01:44:47 PM |
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I agree with you that there is no immunity towards being scammed as it can happen to anyone but however, there is more vulnerability to the newbies compared to that has been in the system for long as they are more experienced and has gained more exposure to identify scam from a distance, most scammers don't consider size of what they can scratch to them anything means a lot, this is to say both the newbies with little size of bitcoin is also a big target, let the bad day not come to you if not no matter your level of updates on security tips you have you can still be taken unaware, I guess that validate the saying that no one is immune to being scammed.
That’s right. One can never really be too careful, but experience can actually reduce the risk of falling for a scam, but that still doesn’t in anyway give immunity to you or completely eliminate the risks. One thing about scammers is that, they have a way of updating their schemes so even newbies and experienced users can easily fall victim if they are not cautious. no matter how secure or strong the security is if the user made a mistake like for example you click a certain link and then it ask you to enter a password a phrase, you will get scam or compromise because you did not hesitate or think like, wait I'm not making any transaction, I'm not opening a wallet why is it asking for a seed phrase in the first place, presence of mind in a situation is very important, we sometimes just enter something when it pops up, most newbies with little knowledge at the moment can make a mistake like this, it is important that we know what to do read what pops up, before acting. A user must be aware when using cryptocurrency. There is no way to say that we are safe just because a strong password is being used or 2FA is being used to increase security. There is a possibility of facing loss at any time for any reason, which is why gaining awareness is the most important thing. A crypto user should definitely make himself prepare when performing any task, why and for what purpose he is performing that task and whether he needs to give his personal key or phrase to perform that task or not. If someone wants to recover the wallet or someone wants to make a transaction, if he demands something more unexpected than what he is doing, he must observe it well and take a decision. One should not be in a hurry to do any work. If you are being subjected to such a thing, then avoid it. In most cases, the carelessness of the user leads to the loss. As a crypto user, he must first know about his wallet and then comes the issue of security of that wallet. Even though all the security issues are met, there are many who fall into the trap of scammers due to unconscious in this case, there is no other way but to be careful.
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Fiasem20
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July 26, 2026, 01:48:57 PM |
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Many people enter the bitcoin space with one goal in mind, making profit. Although there is nothing with that goal in mind, but i believe that one of the first things newcomers should learn is not how to buy bitcoin, but how to protect it.
A little reordering, how to buy is the first thing to learn actually. You cannot convince me that you're learning how to protect what you don't even know how to acquire. What newbies should learn first is how to protect their bitcoin investment and not how to buy bitcoin. Buying bitcoin is very easy, but keeping it is the most difficult thing to do. Let's say you are new to Bitcoin, and you want to start your Bitcoin investment journey with one Bitcoin because you have the funds, and after buying your first Bitcoin don't you think there are possibility of you losing it to hackers, Scammers, phishing attacks or even losing access to your wallet if you don't know how to protect your Bitcoin? Let’s say both are essential,but one must come before the other.Most people often say that you must learn how to secure your assets in other to get rid of being scammed while on the other hand most people are saying you have to acquire your assets first then learning security measures can then come in.Ok now,let me give an instance,what if at your first accumulation phase you got scammed,that’s when you would realize that you would have learned some security skills in respect to your investment journey.It’s crucial you know most basic tactics used by scammers as beginners because it would indeed create room to always keep you motivated in what you’re doing.Everyone has their own way of doing things and if acquiring some bitcoin first before acquiring knowledge about the security measures is your own preference then prioritize it,the goal is to build a decent portfolio anyways.
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