I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss. I will invest in Bitcoin. I don't know where to invest. Should I put it in Trust Wallet or Binance? Hoping for advice from everyone on where it should be placed? There will be no possibility of hacking. please help and advice?
I will tell you that if you are new then you can get experience by investing in Bitcoin first. If you have more money then you can use electrium wallet. And if you want to learn investment with little money then you can definitely invest and learn trading here using Binance wallet. I think if you want to trade for a short time then Binance wallet is better to use. 
Topic: investment advice? - page 2. (Read 783 times)
In my opinion, i think the best thing to do is not to seek advice here but to embark on a self or personal research to decide on the wallet suitable for you. Diffetent people with different opinion, what will work for you might not work for someone else. People will advice you based on their love about a particuler wallet and if care is not taken you might end up regretting it.
If you must use any of those two, i suggest you safeguard the key offline. If not, then hardware wallet will be better
If you must use any of those two, i suggest you safeguard the key offline. If not, then hardware wallet will be better
I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss.
WelcomeThis is the basic thing to have and understand before investing in Bitcoin, this understanding of profit and loss probability. So, even if sometimes your assets are decreased, you are no longer surprised or frustrated because of having understood the risk.
I don't know where to invest. Should I put it in Trust Wallet or Binance? Hoping for advice from everyone on where it should be placed?
Both Binance and Trust Wallet are quite similar, online wallets. and will be probably hacked. There are always hack possibilities if we are still using online wallets, although we are saving it in exchanges or personal online wallets. If you have many Bitcoin and want to invest a longer time, it is much better to use a hardware wallet to save your Bitcoin. Never forget about saving all secret data from other people and don't forget about it. This is pricy but this is safer. 
My sincere love and thanks to everyone. You have given me good advice. I chose electrum wallet especially on your advice.
You do not just need knowledge on where to keep your investment safe, but also how to ensure that it is safe. Using an electrum wallet or even a Hardware wallet will increase the safety of your coins, but to guarantee safety, you need to also understand and know how to keep your bitcoins safe.
Some few tips are;
- Any device that has your Electrum wallet which you have chosen should be kept and used privately, that is avoid trusting people with it.
- Be careful of links that you click while connected to the internet on the device that has your Electrum wallet.
- Trust no one with your seed phrase.
I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss. I will invest in Bitcoin.
Your intent of investing in bitcoin is a good one to start with. As you already know, bitcoin can be a profitable asset or a loss asset in the future depending on the crypto market and when you choose to sell. It's up to you to decide which one you want(profits or losses). Don't invest in bitcoin because you are told to, invest because you see a future in it and you want to safeguard your assets with it.I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss. I will invest in Bitcoin. I don't know where to invest. Should I put it in Trust Wallet or Binance? Hoping for advice from everyone on where it should be placed? There will be no possibility of hacking. please help and advice?
Your Bitcoin is safe using trust wallet and it's not safe storing Bitcoin on a centralized exchange, Binance is centralized they hold the wallet keys for you so you have no control over your Bitcoin, if your Bitcoin is over 1000$ in value I suggest you buy a hardware wallet as they are even more stronger when it comes to security.
My sincere love and thanks to everyone. You have given me good advice. I chose electrum wallet especially on your advice.
I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss. I will invest in Bitcoin. I don't know where to invest. Should I put it in Trust Wallet or Binance? Hoping for advice from everyone on where it should be placed? There will be no possibility of hacking. please help and advice?
As you are a new member of bitcoin forum, first learn about bitcoin and investing. But if you intend to invest then you must set up a good wallet. A safe wallet is the most important for storing investments. But you mentioned Binance and Trust Wallet, I will support Trust Wallet between the two. You can open trust wallet and keep your investment there. Although there are risks, it is much safer than Binance. Binance is an exchange wallet so I think it is very risky to keep your investment here. When your money amount is more you can buy a hardware wallet and keep the investment there it will be more secure.
@Op The safest way to invest Bitcoin is to store it in a hardware wallet. If you have the money then you should definitely collect the hardware wallet.
And if you can't afford a hardware wallet then you have a trust wallet which is much more secure but more prone to hacking. You can use Electrum Wallet it is a free wallet with lots of security.
And if you can't afford a hardware wallet then you have a trust wallet which is much more secure but more prone to hacking. You can use Electrum Wallet it is a free wallet with lots of security.
Use a hardware wallet if you can't afford better to use a hot wallets most of them are with the use of the electrum also in trust wallet if you could do.
Better to make sure that you secure your wallet if you can buy a Bitcoin why not make your self secure first. Attacks can do anywhere.
Another thing you don't need to buy a whole bitcoin having a good ride with the market could bring you a profit.
Better to make sure that you secure your wallet if you can buy a Bitcoin why not make your self secure first. Attacks can do anywhere.
Another thing you don't need to buy a whole bitcoin having a good ride with the market could bring you a profit.
I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss. I will invest in Bitcoin. I don't know where to invest. Should I put it in Trust Wallet or Binance? Hoping for advice from everyone on where it should be placed? There will be no possibility of hacking. please help and advice?
The increase in Bitcoin price since the last two days is incredible.If you had bought bitcoins a week ago then surely you would have succeeded in these few days.You have to be careful which wallet you buy bitcoins in because you have to keep the private key of your wallet safe then your bitcoins and other coins will be safe. hero member
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You shouldn't feel calmer now either and you should only feel calmer every single time you use the hardware wallet and you successfully avoid human error because prying eyes and online theft are developing new strategy everyday which is the reason why we are hearing a lot of cyber attacks this day.
Having said that, it's good that you learn early about the purpose of not having your investment safe on exchange.
I guess I was lucky, because I was given a ledger, who knows how it would have been if not for this gift. But I understand that the ledger is by far one of the safest ways to store cryptocurrency, am I right? Can coins be stolen from the ledger if the scammers do not have access to the seed phrase?Having said that, it's good that you learn early about the purpose of not having your investment safe on exchange.
Nothing is safe forever my friend despite the secure level of the hardware wallet, the safety of the wallet is determined by you and yes coin be stolen from the ledger wallet through a physical attack.
You shouldn't feel calmer now either and you should only feel calmer every single time you use the hardware wallet and you successfully avoid human error because prying eyes and online theft are developing new strategy everyday which is the reason why we are hearing a lot of cyber attacks this day.
Having said that, it's good that you learn early about the purpose of not having your investment safe on exchange.
I guess I was lucky, because I was given a ledger, who knows how it would have been if not for this gift. But I understand that the ledger is by far one of the safest ways to store cryptocurrency, am I right? Can coins be stolen from the ledger if the scammers do not have access to the seed phrase? Having said that, it's good that you learn early about the purpose of not having your investment safe on exchange.
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You can buy Bitcoin on Binance or if you have USDT you can buy Bitcoin anonymously on Crypton Exchange which is a no-KYC cryptocurrency trading with no daily limit or restriction worldwide.
Having said that, it's not advisable to keep your Bitcoin on Trust Wallet or Binance exchange no matter if the exchange is reputable. I will advise you to get a hardware wallet and try to improve yourself on how to use a crypto wallet securely.
This is the first thing to think about before you start buying bitcoin, because safe storage is what will protect your investment. I read a lot about the fact that you can’t store coins on the exchange, but I did this for a long time, my coins were stored on binance and I was lucky that nothing happened to them. Now I have a ledger and I feel calmer.Having said that, it's not advisable to keep your Bitcoin on Trust Wallet or Binance exchange no matter if the exchange is reputable. I will advise you to get a hardware wallet and try to improve yourself on how to use a crypto wallet securely.
Having said that, it's good that you learn early about the purpose of not having your investment safe on exchange.
I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss. I will invest in Bitcoin.
Your intent of investing in bitcoin is a good one to start with. As you already know, bitcoin can be a profitable asset or a loss asset in the future depending on the crypto market and when you choose to sell. It's up to you to decide which one you want(profits or losses). Don't invest in bitcoin because you are told to, invest because you see a future in it and you want to safeguard your assets with it.
I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss. I will invest in Bitcoin. I don't know where to invest. Should I put it in Trust Wallet or Binance? Hoping for advice from everyone on where it should be placed? There will be no possibility of hacking. please help and advice?
As a beginner, all you need is knowledge, and once you have enough knowledge of the cryptocurrency industry, it will always be a source of guidance for you as you make decisions about your investments in cryptocurrencies, especially Bitcoin. So the best advice I can give you is to educate yourself because I think that will enable you to make your own decisions based on sufficient evidence.so it will be too dangerous to invest in crypto industry with only people advise. 
I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss. I will invest in Bitcoin. I don't know where to invest. Should I put it in Trust Wallet or Binance? Hoping for advice from everyone on where it should be placed? There will be no possibility of hacking. please help and advice?
They will only be profitable if you assess the risks correctly and are willing to hold your coins long enough for the investment to make sense. Investing in bitcoin will only be unprofitable if you are subject to general hysteria, are willing to sell during a panic, and do not have a clear understanding of what you are buying bitcoin for and for how long. Do you want to invest in bitcoin? Buy yourself a hardware wallet, and don't store your bitcoins on exchanges because they are unreliable.
It seems to me that after the hype around crypto-exchanges, about all sorts of offshore companies, you should never keep your savings on exchanges, it is better to use cold wallets. Only the balance that you trade should be deposited on the exchange; in the long term, it is not worth depositing funds there at all.
I am a new member of bitcoin forum. Investing in Bitcoin can either be profitable or a loss. I will invest in Bitcoin. I don't know where to invest. Should I put it in Trust Wallet or Binance? Hoping for advice from everyone on where it should be placed? There will be no possibility of hacking. please help and advice?
Binance is an exchange like any other. You need to deposit some money into your Binance account then you can buy bitcoins. After you can have bitcoins from purchases on the market, you can send them to a Trust wallet because you can control your bitcoins and don't have to worry if something happens to Binance.There are many other exchanges but people know Binance as a big centralized exchange and a place for insiders to trade. I suggest you read up on investing in bitcoins, wallets you can use to store bitcoins, what to do before and after storing bitcoins in your personal wallet, and more. Thus, you will know what to do in investing in bitcoin.
You can buy Bitcoin on Binance or if you have USDT you can buy Bitcoin anonymously on Crypton Exchange which is a no-KYC cryptocurrency trading with no daily limit or restriction worldwide.
Having said that, it's not advisable to keep your Bitcoin on Trust Wallet or Binance exchange no matter if the exchange is reputable. I will advise you to get a hardware wallet and try to improve yourself on how to use a crypto wallet securely.
This is the first thing to think about before you start buying bitcoin, because safe storage is what will protect your investment. I read a lot about the fact that you can’t store coins on the exchange, but I did this for a long time, my coins were stored on binance and I was lucky that nothing happened to them. Now I have a ledger and I feel calmer. Having said that, it's not advisable to keep your Bitcoin on Trust Wallet or Binance exchange no matter if the exchange is reputable. I will advise you to get a hardware wallet and try to improve yourself on how to use a crypto wallet securely.
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