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Author Topic: How to Develop a Security Mindset Before Buying Your First Bitcoin.  (Read 319 times)
Cleanshit
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Today at 04:59:48 AM
 #41

I don't really blame beginners who don't have the security mindset in Bitcoin while purchasing Bitcoin because most beginners think about or know only the Bitcoin value, and their main concern is to make a profit from Bitcoin.

Should we put this blame now on those introduce this newbies to bitcoin because one of the biggest problems that we have is how narrative given about bitcoin and how the newbies are introduced into bitcoin. Most people that introduce them only give them focus on how they will make profit by investing or trading but certainly they don’t get the exposure to how to secure their assets or how not to even lose them. For me securit should be paramount to every investor either old investor or new investor, either large holder or small hodler too.
I think it depends on who is bringing the newbies to join most them are pass the wrong narrative to the,well the truth is that this days you it so hard for you to look for a newbies who was involved in bitcoin without having the mindset of cashing out, well am sure you also pass through such when joining bitcoin investment.

Well I think it has been done by everyone here before so it shouldn't be a new thing, most likely joined with a good interest to earn richly and most joined through bad growth of the country, most joined through scam and all of that is why we are all here.

Good luck and always wish your self the best


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Today at 05:05:53 AM
 #42

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.
Is there anyone  into bitcoin  that his goal is not to make profit  or build  long time wealth? Okay there are some few persons  that are more concern  about third-party  involvement  in the transaction  so their goals  is just the decentralization. But it's also necessary  that you approach  it with the possible best and secure  way so that you don't end up losing  all yours  time and effort  there learning  Is paramount  and not just for newcomers  but everyone  on the space because  bitcoin  is wide and no one knows it all.

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A security mindset is the habit of thinking about risks before taking action. but it is quite unfortunate that many people start thinking about security after they are already lost funds to scammers, phishing websites fake giveaways or malware.
Thats why it  said that buying  bitcoin  is just  one of the easiest  part but keeping  it or holding  it is the part needs more attention  because  you are fully responsible  for holding  thatys if you're using the decentralization system. But most newcomers  are using  the CEX so they don't take the security  aspect seriously  because they  probably don't know or they were not properly  oriented.

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Today at 07:59:27 AM
 #43

I’m in support of learning security measures on how to protect your assets for the long term but not before buying bitcoin,you can still be buying your first bitcoin and still learn about bitcoin.As I said learning about security measures is a great idea,but certain things should hold us back from buying our first bitcoin.Even with the little knowledge we have on securing our traditional currency can be a little bit helpful on how to secure our bitcoin.Anyone can be vulnerable whether an expert or newbie,that is why acquiring security skills on how to protect your bitcoin shouldn’t stop at being an expert,but newbies are more vulnerable not because they’re after quick profits but because they have little knowledge about the crypto space and they can easily be deceived by random people on the internet.

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Today at 10:43:24 AM
 #44

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 security mindset is the habit of thinking about risks before taking action. but it is quite unfortunate that many people start thinking about security after they are already lost funds to scammers, phishing websites fake giveaways or malware.
Basically, everyone should understand the basics of anything they want to buy. Whether buying a computer or a cell phone, they should learn how to use it, keep it safe, and perform maintenance. All of this is done to avoid unwanted incidents, including fatal errors, and this is related to a good mindset for someone who is about to buy Bitcoin for the first time.

Furthermore, someone should buy something they understand, especially when buying Bitcoin. Many people blame their purchases after they don't get what they expected, when in fact, it is their fault for not understanding them first. Therefore, try to understand the basics of Bitcoin first, then learn more. So, you won't blame Bitcoin, and you won't misunderstand it. By the way, how to "protect your Bitcoin" is one of the "basics" you need to understand, and that is what I mean. In addition to, you also need to read news related to scams in the crypto world, so that you understand how they work, and hopefully you won't get caught.

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Today at 10:57:07 AM
 #45

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 security mindset is the habit of thinking about risks before taking action. but it is quite unfortunate that many people start thinking about security after they are already lost funds to scammers, phishing websites fake giveaways or malware.
Basically, everyone should understand the basics of anything they want to buy. Whether buying a computer or a cell phone, they should learn how to use it, keep it safe, and perform maintenance. All of this is done to avoid unwanted incidents, including fatal errors, and this is related to a good mindset for someone who is about to buy Bitcoin for the first time.

Furthermore, someone should buy something they understand, especially when buying Bitcoin. Many people blame their purchases after they don't get what they expected, when in fact, it is their fault for not understanding them first. Therefore, try to understand the basics of Bitcoin first, then learn more. So, you won't blame Bitcoin, and you won't misunderstand it. By the way, how to "protect your Bitcoin" is one of the "basics" you need to understand, and that is what I mean. In addition to, you also need to read news related to scams in the crypto world, so that you understand how they work, and hopefully you won't get caught.

Yeah basic knowledge is important, but if they paired it up with common sense and risk management for sure that they won't fall easily with scams.

Then they could able to purchase their first Bitcoin without having any issue.

Buying should never be a problem if they go to legitimate platforms, but if they explore to look for new places and try to finds more cheaper or those people offering discounts most likely their chance to get scam is high if they do or think about this things. But much better if they exert efforts to research, so they would know what to expect if they decide to invest on Bitcoin.

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