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Author Topic: Security is more important than the high price of Bitcoin.  (Read 766 times)
Obulis
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October 22, 2026, 09:24:02 PM
 #61

Before investing in Bitcoin, I think the most important thing is the security of Bitcoin. No matter how much the value of Bitcoin increases, if there is no security and someone loses the Bitcoins, they will never get them back, so for me, security is more important than the value of Bitcoin. We all know that the most important thing for the security of Bitcoin is the private key. If you store it well, your money will be safe. The key to your wallet is the real control, so first, instead of focusing on the price, focus on how to keep them safe and secure by purchasing Bitcoins. As the saying goes, protect your wealth before profit, so it is very important to think about the security of Bitcoin instead of focusing on its value. To keep your Bitcoins safe, you need to keep the seed phrase offline in a safe place so that they are not lost in the future. Nowadays, it is seen that many people do not worry about the security of Bitcoin, but rather are happy when its value increases.  But think about it: once the bitcoins are lost due to lack of security, they can never be recovered and you will only regret it if the price increases.

Whether price increases or not no body will ever be happy with a lost of Bitcoin, getting over lose of Bitcoin doesn't mean being happy about such lose. You just have to accept what happened anyways.
Just wondering!
What if you learn security of Bitcoin without having Bitcoin?
This most important thing (security of Bitcoin) can only be meaningful if you have Bitcoin! If not you actually have nothing to secure, isn't it?

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October 22, 2026, 09:25:41 PM
 #62

Before investing in Bitcoin, I think the most important thing is the security of Bitcoin. No matter how much the value of Bitcoin increases, if there is no security and someone loses the Bitcoins, they will never get them back, so for me, security is more important than the value of Bitcoin. We all know that the most important thing for the security of Bitcoin is the private key. If you store it well, your money will be safe. The key to your wallet is the real control, so first, instead of focusing on the price, focus on how to keep them safe and secure by purchasing Bitcoins. As the saying goes, protect your wealth before profit, so it is very important to think about the security of Bitcoin instead of focusing on its value. To keep your Bitcoins safe, you need to keep the seed phrase offline in a safe place so that they are not lost in the future. Nowadays, it is seen that many people do not worry about the security of Bitcoin, but rather are happy when its value increases.  But think about it: once the bitcoins are lost due to lack of security, they can never be recovered and you will only regret it if the price increases.
Bitcoin is decentralised which means you’re in control of your coins, you’re your own bank, whatever you do is on your hands, your freedom and your doom. So folks should always take security seriously. You can’t afford to be careless or less affair with your investments.

But one thing I’ll like to add is you wouldn’t because you want to know all about security and postpone or procrastinate getting started. You have to start accumulating small before delving deep into security. Because what are you protecting when you’ve not started, when you already have coins then it gives you a practical learning experience.

A new investor shouldn’t be thinking of price, rather they should find ways of accumulating and improving their portfolio.

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October 22, 2026, 09:43:30 PM
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 #63

I like to put it this way, the amount of bitcoin you have in your wallet is equally important as your seed phrase. If your seed phrase get compromised your bitcoin is as good as gone and this is enough reason why we should take our security seriously since we are the ones responsible for the security of our fund unlike the custodial and centralized system where a third party is responsible for securing our funds, and if anything goes wrong they can be held responsible for it.
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October 22, 2026, 09:48:58 PM
 #64

But one thing I’ll like to add is you wouldn’t because you want to know all about security and postpone or procrastinate getting started. You have to start accumulating small before delving deep into security. Because what are you protecting when you’ve not started, when you already have coins then it gives you a practical learning experience.

A new investor shouldn’t be thinking of price, rather they should find ways of accumulating and improving their portfolio.
You are getting this wrong in my opinion; how can you just focus on buying Bitcoin when you don’t have good knowledge about where to keep your Bitcoin safe? What if you downloaded a fake or cloned wallet and your Bitcoin just go to scammers from the first day you bought it? It will shatter your dream of buying Bitcoin.

It is very important to know how to secure your Bitcoin first before going ahead to buy. You are never too late, you can keep the Bitcoins safe and learn how to send and receive the Bitcoin so that you will not a mistake that will just lead to lose of Bitcoin completely because it is a digital currency and there is no reverse transaction in Bitcoin.

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October 23, 2026, 12:19:43 AM
 #65

Bitcoin security is the bedrock of your bitcoin investment, if you cannot secure your coins, then there is no need of investing because it will be waste of time and resources and that is why it is important for you to firstly know how to secure your seed phrase and passwords properly to avoid stolen or missing and I should be kept and duplicated offline in several places that can't be reached by anyone which remains the best security method before knowing how much the market price is or buying .
Sulegzy39
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October 23, 2026, 06:05:40 AM
 #66

In Bitcoin, security is undoubtedly crucial. However, it might not be feasible to learn about every security concern at the outset for someone who is brand-new to investing. From here, you can gradually learn about many aspects of Bitcoin security. Therefore, even though security is crucial, learning everything before making an investment shouldn't be a requirement. A new person will undoubtedly lose a lot of time doing this, and he might be made to learn something for which he isn't mentally prepared.

A person can begin without hesitation if he has a basic understanding of seed phrases and privacy keys. He will eventually have the chance to learn from actual experience. Learning from actual experience by beginning on your own is different from learning by studying. A lot of the time, learning can be gained through actual experience rather than just studying.



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October 23, 2026, 08:20:21 AM
 #67

Bitcoin security is the bedrock of your bitcoin investment, if you cannot secure your coins, then there is no need of investing because it will be waste of time and resources and that is why it is important for you to firstly know how to secure your seed phrase and passwords properly to avoid stolen or missing and I should be kept and duplicated offline in several places that can't be reached by anyone which remains the best security method before knowing how much the market price is or buying .
There are investors that take their security of their investment for granted like they don’t do much on their security and they always feel they are safe but they are not. We need to make sure we are secure and not take the basic security protocols for granted because that alone is something positive that helps guide our wallet from any attacks.  Our seed phrase are need to be taken proper care of and store in a secure place because if we loss our seed phrase we loss our investment and when someone get a hold of our seed phrase then easily they can move our investment.

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