Bitcoin Forum
September 22, 2026, 09:08:04 PM *
News: Latest Bitcoin Core release: 31.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Security is more important than the high price of Bitcoin.  (Read 483 times)
sokani
Hero Member
*****
Offline

Activity: 1358
Merit: 606


HustleBTC.com | Premium Bitcoin Casino


View Profile WWW
September 08, 2026, 05:41:45 PM
 #41

Of course, security nah di first thing anybody wey want buy Bitcoin supposed know first before anything. Nah to first know di right wallet to take keep di asset safe. Also, him go endeavour to know some of the techniques wey scammers dey use steal pipo funds like dust attack malware attack, phishing links, spoof messages and calls, and many more. If not, bad actor go steal di Bitcoin and all him effort and Bitcoin wey him don stack up over di years go just go in vain.

Abu-Naim
Sr. Member
****
Offline

Activity: 1288
Merit: 420



View Profile WWW
September 08, 2026, 05:57:09 PM
 #42

Of course, security nah di first thing anybody wey want buy Bitcoin supposed know first before anything. Nah to first know di right wallet to take keep di asset safe. Also, him go endeavour to know some of the techniques wey scammers dey use steal pipo funds like dust attack malware attack, phishing links, spoof messages and calls, and many more. If not, bad actor go steal di Bitcoin and all him effort and Bitcoin wey him don stack up over di years go just go in vain.
Some people think that just have the money and use exchange to buy the Bitcoin is the main thing, they don’t usually think about the security of where the Bitcoin will be safe mostly because they are being introduced to the use of exchange instead of wallets; they will think once they can be able to set good password to their exchange, they are good to go.

Real investors learn more about everything including wallets and how to secure the wallets first before they go ahead to start their investment, that is when they can be able to keep their Bitcoin safe in their wallets and keep their wallet seed phrases safe. For those using exchange, they need to understand the difference between self custody and centralization, so that they will know the reason to avoid saving their investments with exchanges.

Humblevirus
Sr. Member
****
Offline

Activity: 882
Merit: 294



View Profile
September 08, 2026, 06:04:24 PM
 #43

Before investing in Bitcoin, I think the most important thing is the security of Bitcoin.

What is the point if knowledge of security is not there and we invest in Bitcoin? It’s just that we are ready to give out our Bitcoin to scammers.Most people lose their Bitcoin to scammers, not because of anyone, but because they were not able to provide proper security for their Bitcoin investment. So, it is very important that the right steps about security should be known before investing.When people talk about having basic knowledge before investing, let’s know that learning how to secure Bitcoin is part of the knowledge that newbies are expected to get before investing. It’s not that we should just know how to buy and move Bitcoin only. As newbies, we should know the wallets that are best for saving Bitcoin so we can choose the best wallets.It is the lack of knowledge about security that leads people to choose custodial wallets over non-custodial wallets.

Sonia_123
Full Member
***
Offline

Activity: 896
Merit: 202


View Profile
September 08, 2026, 10:54:26 PM
 #44

Without security no bitcoin, if Bitcoin was not properly secured by those that created it, I don't think it will be possible for us to be here talking about Bitcoin and how it has brought tremendous impact to the world's economy.

For those that sees the security of their bitcoin wallet as secondary does not really know what bitcoin is all about, they see it as an asset that can be attended to at anytime thereby not placing the security first which leads them to loss of their coins .

When you secure your coins you will have full assurance of(6 ree holding your asset for a long term since no one can temper it, it also gives you the ability to buy more bitcoin irrespective of the increase in price and free from scammers and hackerers
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!