Are We Focusing Too Much on Buying Bitcoin and Not Enough on Securing It

[God Tim]

As more people know about Bitcoin many are becoming interested in knowing it few people use do some other purchase a plenty amount at a time accumulating Bitcoin is important but I understand that should ask each other how safe is the Bitcoin we are accumulating?
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‎It is simple to know how much Bitcoin we can purchase every week or every month while forgetting that the Bitcoin we already have also wants security the more Bitcoin some accumulates,  the more useful proper protection becomes
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‎One major mistake is not taking the seed phrase important some owners may save their seed phrase as a screen short, keep it in cloud storage or save it through messaging apps or store it in a place where people can easily access it if someone knows your seed phrase they may be able to have access to the Bitcoin in that wallet another safety is protecting should match the amount being held and the users challenge a learner holding a little amount may not want the same setup as person holding an important amount of Bitcoin but every user should know the importance principles of seif privacy and secure them recovery phrase we should also remember that protection is not only about finding a good wallet users need to secure the themselves from phishing websites, fake wallet applications malware scams and social engineering. A safe wallet cannot secure funds if the owner wants to give away the recovery phrase.
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‎Bitcoin accumulation and Bitcoin protection should therefore go together purchasing Bitcoin without learning how secure it makes another problem for the holder.
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‎My question to different Bitcoin users is Do you think that newbie/beginners take their seif time to understand about Bitcoin security or much people are still focused on accumulating as much Bitcoin as possible?

[ZeroVinsonN]

Starting to buy bitcoin bit by bit is very different from being focused on accumulating as much bitcoin as possible, imagine these two scenarios and tell me if they seem the same to you
1. I started buying bitcoin recently and now I'm looking for a way to be able to keep it safe and secure so I need to get my hands on the right wallet to use.
2. Time is not on my side, I need to purchase as much bitcoin as possible as fast as I can, I can worry about a good wallet after I've been able to hit my mark.
These are two different people who started buying bitcoin before they thought about getting a secured wallet but you can't say they are the same kind of people, one clearly wants to wants to have custody of his coins while the other only cares about buying more, we all know who's going to succeed in their bitcoin investment journey and who isn't.

There is no way to secure your seed phrase that doesn't carry a level of risk, it's just less riskier to keep it offline than to keep it online, that's why people will prefer writing it down and laminating it over saving somewhere online or on their device but this doesn't mean there are people who are keeping their online, trust me, there are people who believe they can better secure their seed phrase online than offline.

[BIT-BENDER]

Pls let's make our Nigerian board interesting, we can not keep posting and reposting almost the same thing, we actually work hard to get this now it's here like actually be intentional about our activities here.

Far too long we post and repost on same thing without doing any search, I encourage you OP next time check if there is an active post on what you have in mind and make your contribution there, a very similar post to yours which was created this month is this
https://bitcointalk.org/index.php?topic=5593310.msg67116372#msg67116372

[PostQuantumBTC]

‎Bitcoin accumulation and Bitcoin protection should therefore go together purchasing Bitcoin without learning how secure it makes another problem for the holder.
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To me I do not think they should even go together, one must be first which should be learning about security. After learning about security you can go for buying or accumulating bitcoin.

‎My question to different Bitcoin users is Do you think that newbie/beginners take their seif time to understand about Bitcoin security or much people are still focused on accumulating as much Bitcoin as possible?

Another one that you did not mention that people need to learn about is privacy. Some people got kidnapped because of their fault of lack of privacy.

[Perfectbaby]

‎My question to different Bitcoin users is Do you think that newbie/beginners take their seif time to understand about Bitcoin security or much people are still focused on accumulating as much Bitcoin as possible?

Bitcoin accumulating is also essential as the security and if you don't know you can keep accumulating while you still learn about your security, in fact security is also a major point of interest because nowadays people can easily buy Bitcoin but do not know how to secure their investments. The main thing there is that, you should learned to always apply much security measures on your investment and whenever there's every little opportunity you can also accumulate when the price seems to be very down you can double your holding when chances are there for you to do so.

[Kelward]

Before you enter into anything wey concern money matter e de very important say you go suppose understand di basic knowledge because if you enter blindly you fit to miss road and for Bitcoin matter you fit to lose your coins forever. Bitcoin transactions no de reversible and anybody wey hold di seed phrase of a wallet na im be di true owner, e no matter whether na im create di wallet or not so to understanding dis basic knowledge de very important.

E no de necessary as a newbie to understand everything about di Bitcoin network and market before you start to de buy and hold but if you fit to DYOR on dis few basic knowledge wey I mention and guide against making avoidable mistakes wey fit to make you to lose your Bitcoin forever na to de buy and hold as your power reach. Lastly ad a newbie make you no go carry money to take care of your basic expenses go de accumulate Bitcoin because most likely you go sell your Bitcoin prematurely to take solve your basic pressing needs, make you only buy Bitcoin from your discretionary funds.

[Donk1]

Well I'd like to bring up the fact that while all what you said can happen, it's rare but not impossible. Basically newbies lack experience, so they often look for how to make things easier for themselves which often gets them caught up in one or two issues whereby they end up losing their money along the way. But that's not the case securing your Bitcoin is as important as securing your life.Because imagine you accumulating Bitcoin for about 20 years and one day you mistakenly factory reset your phone without finding out what your seed phrase is in the wallet, based on the fact that you didn't really have any copies of it anywhere, not even in acloud storage. Perhaps that would be one of the biggest mistakes in his or her life but it can rarely happen....

​So my point is if you as a newbie choose to come into the crypto space, you must understand both the fundamentals, technicals (which includes security), psychological aspects, and rules that make Bitcoin what it is today. If you know you can't handle it then you should as well just stick to bank savings, because what's the point of being in a decentralized system if you don't know how to be responsible for your assets.... That's all......

[Livingleged]

This is so true that many beginners aren’t giving more focus on learning how to keep theirs bitcoin safe, but rather focusing on how to accumulate bitcoin. This might not seem to be a problem when the amount is still small, but can become a serious problem later. When the amount is still small, security may not seem to be important but the risks becomes bigger when the amount of bitcoin thy have increases.

In my opinion, learning how to protect your bitcoin should start from the beginning. This things aren’t that difficult, learn how to keep seed phrase offline and private, avoid fake wallets apps and phishing links, and never give your recovery phrase to anyone. Buying bitcoin is just one part of the journey but knowing how to protect what you already have is more important.

[Coin_info]

‎My question to different Bitcoin users is Do you think that newbie/beginners take their seif time to understand about Bitcoin security or much people are still focused on accumulating as much Bitcoin as possible?

You cannot secure something that is not of value That is why many beginners in Bitcoin focus on trying to accumulate Bitcoin first before they try and consider security because they have to have accumulated Bitcoin up the level where they consider it to be valuable before they start considering security. Although this approach is common it is not the safest because it is dangerous waiting for you to accumulated Bitcoin first before you start considering how to secure what you have as you may have made a lot of mistakes that expose you security wise even before you come to the consciousness of security. Having the consciousness of security before accumulating Bitcoin will ensure that you do not make mistakes that can give scammers or cyber criminals or other people offline an opportunity to steal your investments when it becomes of value.