Beginner Questions to Bitcoin

Carmen Kwok
1 min readFeb 14, 2021
Photo by André François McKenzie on Unsplash

1. Is there any regulatory risk? eg government take down all the bitcoin exchange or make trading bitcoin illegal?

2. If you get hacked, can police find the hacker based on the bitcoin address?

3. What bitcoin price is correlated to?

4. Is bitcoin a bubble?

5. Should I invest in any new cryptocurrency? Or just bitcoin / ETH?

6. Will exchange take all my money

7. What is the best practice for protecting being hacked when hold the bitcoin in exchange and hold in hard wallet?

8. Store bitcoin in exchange vs store bitcoin in own hard wallet

9. Can I earn interest in putting bitcoin in hardware wallet?

10. What is the bitcoin, blockchain and defi and how they are related?

11. What is stable coin eg USDT and why it can be stable

12. What should be the stop loss limit?

13. Should I spend my bitcoin or just keep buying and hold?

14. What is the best way to keep the seed phrase? Writing a paper or based on memory not reliable.

15. What is staking?

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