How to manage your own money on bitcoin without ever losing it?

   Bitcoin is the easiest money to manage for yourself if you know how to do it, because it is not physical like paper money no one can know how much money you have and it's harder to be destroyed which also strengthens your security.


   5 Thousand years ago there were no banks, people used to manage their own money themselves without any problems, whether it was gold coins or silver coins they found ways to protect their money without banks, that's one reason why people never had problem with inflation, but over time banks found many ways to convince people to make them deposit their money between their 4 brick walls now everyone uses banks.


    Before bitcoin it made a lot of sense to use a bank to deposit your fiat paper money because if your house catches fire your money is protected in the bank but with bitcoin you can become your own bank because even if the whole country catches fire with all the banks in it  your money is protected because the money is only in 12 words. So bitcoin gives us back the opportunity to manage our own money again. But it is important to learn how it works so that you don't lose it.


   If you just follow these steps you can't lose your bitcoin.

You just need to:

  • For large amounts, use a hardware wallet like trezor.io, ledger.com, Write down 12 words somewhere safe that no one can find except family member you want(you can use a metal sheet in case of fire. *Highly recommended for large amounts.


  • For medium amounts use an application like Blink.sv, walletofsatoshi.com, Aqua Wallet)

Register your email address or phone number on the app

*Always backup the app before depositing money on it


  • For muun.com write your 8 code somewhere safe and register your email on it just in case.


If you follow these steps it is almost impossible to lose your bitcoin. I know that *not everyone can do these for themselves, that's why it's good to ask someone you trust to help you out. But if you're still careless about not doing nothing, I advise you to wait until you're ready, bitcoin will always be there for you.

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