hallo When using Reddit or other social media platforms for information about buying Bitcoin, it’s important to be cautious. These platforms can provide useful insights but also risky advice.
Look for trusted communities like:
- r/Bitcoin: This subreddit is large and active, but remember to critically evaluate the information.
- r/BitcoinBeginners: Geared towards newcomers, it can offer resources for safely starting with Bitcoin.
Search for posts mentioning reputable cryptocurrency exchanges with good reputations and look for terms like “beginner’s guide to buying Bitcoin” or “safe places to buy Bitcoin.”
Additionally, these subreddits may direct you to reliable resources outside of Reddit.
In my opinion, self-custody is the most reliable way to store Bitcoin, and it’s what I’ve been doing since 2013. I recommend using a Trezor hardware wallet and securely backing up your seed phrase offline in a safe.
Purchase Bitcoin from a reputable source, preferably one in your country that supports automatic purchases and withdrawals. I recommend using Coinbase (advanced trading screen for lower fees), Kraken (lower fees), and River.com for the best Bitcoin DCA options.
hallo when purchasing this bitcoins install strong passwords,which will be hard for the scammers to crack and also store it in a safe strong wallet be aware of scammer try n do due diligence to avoid being scammed