Bitcoin Forum

There is so much fear being generated about cryptocurrency, is it safe?

It is more or less safe. In fact, you couldn’t say that it is any less safe than credit cards or traditional forms of money.
Cryptocurrency developers are constantly making security improvements to their blockchains, same way as banks have improved their security systems over the decades, so will blockchains.

Yes it is, never try to follow those weak hands are being scared caused by FUD. Bitcoin just get a little correction and it makes sense for me because you have seen that has been growing a lot from 5k rate.
Just the matter of time until it will be back again in the future and i guess that will be more than $8500 in the next month before ETF announcement.

Cryptocurrency is save but how you protect your asset and leave greedy far a way is another story. This financial instrument is similar like commodities, in here you can grow up capital and increase your skill about future payment model. Do some research to find the true information about crypto and learn make money into it. Remember, the risk always become part of it. 

Not all because there are scam coin too, Invest on coin/token listed on https://coinmarketcap.com/ atleast top 15/10, no matter what happen I think those coin will surely recover. And be updated on latest news on the cryptocurrency you are going to invest.

Hey bruh, it is safe just like before. Nothing has changed since last year. People are stepping out because of fear. The way prices are behaving at the market is scaring them. But that shouldn't be the case for you if you understand cryptos.

Investing in cryptocurrency is associated with a very high risk, as the price is extremely volatile. There is also a risk of encountering scammers or hackers. But, despite the risk, cryptocurrency can bring huge profits.

it absolutely safe if you create your good security to protect your account, because hackers was much more smarter than us actually and also no one will take responsible if your assets gone.

BTC crashed from $1200 to $300 few years ago. so think how those guys felt at that moment. surely lot of people may sold it arounf $300 those days. then BTC peaked at $19000 in 2017. so same thing can be happen in future too. blockchain tech is changing the world. surely it will be massive.

It's safe if we can store it and manage it properly. Never be afraid of losing because the market cycle continues, and all of this depends on us, it must be smart, there is no need to give up only faith and patience that can survive and save crypto safely and well.

Cryptocurrency world is risky, there are many scam projects, hacked exchange cases, etc, but you can protect yourself if you have the knowledge to overcome all risks

Frankly speaking, no where is 100% safe keeping your money. Even going to the banks to keep your or investing outside cryptocurrency cannot guarantee the safety of your money.

yes of course cryptocurrency is very safe with cryptocurrency payments can be safer and can provide benefits and can grow assets that you have when you buy and sell and take advantage of rising and falling prices.

I think cryptocurrency is safe enough as a place to put your money, I do not advise you to put all your money in crypto too, I advise you to invest in crypto as your future savings, you can still save your money in banks, credit cards and property investment, make crypto a choice and learn crypto well.

These financial instruments are similar to commodities, here you can grow capital and improve your skills about future payment models. Do research to find the right information about crypto and learn to make money into it.

All there are risks in investing, including cryptocurrency. Because it has a very volatile movement in the market. So it's not safe to invest in cryptocurrency, consider the existence of a high risk before investing in crypto.

Look for information and learn. cryptocurrency is a new opportunity to get fiat money. there will always be shortcomings but if you have learned we will be able to minimize risk

People should not let their mind be troubled,they should believe that what ever might be happen to cryptocurrencies now,it will never be the end of it. Human being been what they are, have her own peculiar problem still they may survive it talkless of crypto, it will survive the wind that encompasses it. Surely it  will definately rise again.

There is a lot of fear about cryptocurrency because there are those who make big money in this market due to FUD. The risk is present in every market but it is difficult to prevent FUD even in traditional markets.

It is safe according to me,as every party has the copy of the transactions that's happening and hacking of the data is almost impossible.
Hostgames,an interesting project on casino gaming,also uses various cryptocurrencies such as eth,btc,litecoin,ncash to mention a few.

Well there is nothing in life that is 100 percent safe so cryptocurrency is technical and requires good understanding so in other to make it safe for yourself you have to work hard and be on your guard

Yes I do think cryptocurrency is safe but  you have to do your own study on how it works and what to do there are a whole lot to learn here in cryptocurrency so is for you to be prepared

I would say that in the cryptocurrency market the safety of your assets will always depend on you as you can easily ne scammed or hacked depending on your actions amd decisions so if you would want to join this market you should learn self regulations as it would help you alot in protecting your assets.

Certainly not safe as in any business must be approached with brains and don't invest big right away. Study the investment, make a plan of investment and keep track of any projects. Then all will be safe and you will get pleasure and earn money.

everything have a risk, as well as cryptocurrency that have risks from its security. my advice, Do some research to find the true information about crypto and learn make money into it. The cryptocurrency is save but how do you protect your assets and leave greedy far a way is another story.

Dealing with cryptocurrency is dangerous for the reason that if bad guys find out that you are doing this, they can come to you and ask you to give everything you earned and even more. Therefore, it’s necessary to practice crypto in silence. Don’t tell anyone even to friends and relatives!

You cannot say that it is completly safe. In fact, any project is not safe for 100 percent. They carry both opportunities and risks. So is cryptocurrency. You can earn from cryptocurrency if you have skills. You should have knowledge before investing in it. But stay alert to scams involving it.

Looking from which side to look.  If we talk about the market, then there are many dangers, and if they are relatively safe about purses!

Do you refer to 'Safe' as in security wise? or 'Safe' with respect to investment?

Security wise, cyrpto technically needs a lot of encryption and security to be kept safe from intruders. The technology is shaping up to be robust and developers are trying their best to keep it safe from security threats.

Investments wise, like many new technologies, the price of cryptocurrencies is highly volatile. Investors can win, or lose, a large amount of money in a short amount of time, simply because of changes in the value of currencies like Ripple, Ethereum and bitcoin. One must always research well and anlayze before investing in any particular currency.

Good online security, background research and a healthy dose of scepticism will help make sure your cryptocurrency investment is as safe as possible, and that you don’t fall prey to any of the fraudsters taking advantage of the current boom.

Bitcoin only gets a little correction and that makes sense to me because you have seen that Bitcoin is rising again, strengthen your confidence and don't try once again to follow the people who panic in holding their Bitcoin, because it's all caused by the FUD. It's only a matter of time until it will return in the future and I think it will be more than $ 8500 next month before the ETF announcement.

I think,  Cryptocurrency is safe. There are just people making some FUDs about it. Crypto is the future of our currency using right now.  It simplifies our sending amd recieving money.

That's what people who are spreading rumors and FUDs trying to make you think so you sell your holding for cheap prices and then they can buy them. cryptocurrencies are absolutely safe.

Cryptocurrencies are not secure, but still they are quite promising and that is why it is worth investing in them.

In general, top tier cryptocurrencies such as Bitcoin, Ethereum, Monero, Ripple are well known to be save due to its anonymity and high security features. That means no one can trace your real identity through the transaction and if you lock you coins in an hardware wallet, no one will be able to steal the coins from you. But if you forgot the key, you won't be able to recover all the coins you have.....That's might be bad for few people...

what do you mean by "safe"? of course it's safe, there are scams and such things, but if you do your research then it won't affect you that much

Don't be afraid of cryptocurrencies. All of that will be safe
Living alone without having to be afraid of what is happening. relaxed and calm.

Nothing in life is absolutely guaranteed and crypto is not left out, however learning and practice is all it takes to be safe. Every business has it's safety rule, so is crypto and have to be strictly adhered to

If what you are looking for as a cryptocurrency investor, then you shouldn't be here, take your fund and invest in bonds and stocks market! Cryptocurrency is new paradigm shift in invest, you are in charge and you are responsible for your investment!

Nothing is absolutely safe, digital money also has its own risks, Consider before using and using the right purpose is the most profitable investment plan!

Yeah sure I believe crypto currency is still save, the fear is because of the bear market that has been happening for a long time now, But i believe the bear market will soon be over and people will be happy one again.

Of course! Where are we without it? Need to believe. All in our hands. Now there are too many discussions about this and all of them are sad

Yes absolutely Cryptocurrencies should have long way to go. There are so many projects that have concept to be used as real world applications. In near future those projects will start their woks. With by becoming Cryptocurrencies as real world applications  Cryptocurrencies can't be stoppable.

Well even living and going about you day to day activities ain't safe. Life itself is risky, isn't that what they often say? I can't tell anyone that cryptocurrency is save or not, because everything about life is risky, what matters is what you are willing to take a bullet for, and if you ask me, I would say that investing in cryptocurrencies is worth the shot.

There is nothing in this life that has a full hundred percent of guranteed safety, not eve life itself, yet a lot of persons still still it to their fullest. Cryptocurrency might not be safe, but depending on how you go about it. There are a lot of persons with the opinion that it is not safe, and have even because of that refused to join the trade, but I have been here for a while, and I don't think I have seen anything that will make me think that way.