Is Bitcoins safe?

[Financial_Genius]

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

[1715133716]

1715133716

[OmegaStarScream]

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

I'm not sure what you mean by "safe" , If you mean storing so no one really finds out about them then yes most likely you can do that . But if you mean selling all and buy BTC instead then... no one can be sure about that , price can decrease with time and can increase .. It all depends on many factors such Miners wanting to continue mining (If they see profit) , Supply-demand etc ...
Bitcoin cannot be frozen , and if you hide them I don't see how they will find out about them honestly .

[Financial_Genius]

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

I'm not sure what you mean by "safe" , If you mean storing so no one really finds out about them then yes most likely you can do that . But if you mean selling all and buy BTC instead then... no one can be sure about that , price can decrease with time and can increase .. It all depends on many factors such Miners wanting to continue mining (If they see profit) , Supply-demand etc ...
Bitcoin cannot be frozen , and if you hide them I don't see how they will find out about them honestly .

Just want to hide some money. And I dont see, how I can get Bitcoins anonymously.

[OmegaStarScream]

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

I'm not sure what you mean by "safe" , If you mean storing so no one really finds out about them then yes most likely you can do that . But if you mean selling all and buy BTC instead then... no one can be sure about that , price can decrease with time and can increase .. It all depends on many factors such Miners wanting to continue mining (If they see profit) , Supply-demand etc ...
Bitcoin cannot be frozen , and if you hide them I don't see how they will find out about them honestly .

Just want to hide some money. And I dont see, how I can get Bitcoins anonymously.

First of all , you shouldn't use exchanges (at least not Centralized one) that asks you for ID , passport and other personal information's .
You can search for someone to trade with on "Currency exchange" section (depends what are the payment methods you have) and that's it , who can know what the transaction was for ? unlike buying from an exchange .
Or you can use LocalBitcoins and try to find someone to meet him face to face (in your country/city) and you buy BTC against cash.

[niallo27]

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

I'm not sure what you mean by "safe" , If you mean storing so no one really finds out about them then yes most likely you can do that . But if you mean selling all and buy BTC instead then... no one can be sure about that , price can decrease with time and can increase .. It all depends on many factors such Miners wanting to continue mining (If they see profit) , Supply-demand etc ...
Bitcoin cannot be frozen , and if you hide them I don't see how they will find out about them honestly .

Just want to hide some money. And I dont see, how I can get Bitcoins anonymously.

I am new to this but can you not buy for cash on something like localBitcoins

[Financial_Genius]

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

I'm not sure what you mean by "safe" , If you mean storing so no one really finds out about them then yes most likely you can do that . But if you mean selling all and buy BTC instead then... no one can be sure about that , price can decrease with time and can increase .. It all depends on many factors such Miners wanting to continue mining (If they see profit) , Supply-demand etc ...
Bitcoin cannot be frozen , and if you hide them I don't see how they will find out about them honestly .

Just want to hide some money. And I dont see, how I can get Bitcoins anonymously.

First of all , you shouldn't use exchanges (at least not Centralized one) that asks you for ID , passport and other personal information's .
You can search for someone to trade with on "Currency exchange" section (depends what are the payment methods you have) and that's it , who can know what the transaction was for ? unlike buying from an exchange .
Or you can use LocalBitcoins and try to find someone to meet him face to face (in your country/city) and you buy BTC against cash.

Not sure it would be easy to find the person or website that is willing to sell me a Bitcoin in the amount of more than $ 600,000. And, who also want to do it anonymously.

[Amph]

bitcoin is relatively safe, in the long term, don't look at the short term, plenty of manipulation going one, bitcoin need still plenty of time to grow

when everything about its problems will be settled, i beliave you will see the real usage of it, big merchants are waiting that after all, no reason for them to not accept bitcoin

[Snail2]

Go to localbitcoins, buy some btc in smaller portions with cash, make a paper wallet and transfer your bitcoins there. Until your piece of paper kept in secret and on a safe place, your money is safe and hidden from the eyes of the taxman, and no one can freeze your account.

Buying BTC wherever you want, then converting it to LTC, transferring to a Chinese exchange and converting it back to BTC and finally sending it back to a paper wallet through a mixer can be also a solution, a bit costly tho.

[acroman08]

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

I'm not sure what you mean by "safe" , If you mean storing so no one really finds out about them then yes most likely you can do that . But if you mean selling all and buy BTC instead then... no one can be sure about that , price can decrease with time and can increase .. It all depends on many factors such Miners wanting to continue mining (If they see profit) , Supply-demand etc ...
Bitcoin cannot be frozen , and if you hide them I don't see how they will find out about them honestly .

Just want to hide some money. And I dont see, how I can get Bitcoins anonymously.

First of all , you shouldn't use exchanges (at least not Centralized one) that asks you for ID , passport and other personal information's .
You can search for someone to trade with on "Currency exchange" section (depends what are the payment methods you have) and that's it , who can know what the transaction was for ? unlike buying from an exchange .
Or you can use LocalBitcoins and try to find someone to meet him face to face (in your country/city) and you buy BTC against cash.

Not sure it would be easy to find the person or website that is willing to sell me a Bitcoin in the amount of more than $ 600,000. And, who also want to do it anonymously.

yeah that would be hard. why not find several people to transaction with and buy bitcoin in small amount, it will take long but aleast you wont reveal youre
identity.

[Financial_Genius]

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

I'm not sure what you mean by "safe" , If you mean storing so no one really finds out about them then yes most likely you can do that . But if you mean selling all and buy BTC instead then... no one can be sure about that , price can decrease with time and can increase .. It all depends on many factors such Miners wanting to continue mining (If they see profit) , Supply-demand etc ...
Bitcoin cannot be frozen , and if you hide them I don't see how they will find out about them honestly .

Just want to hide some money. And I dont see, how I can get Bitcoins anonymously.

First of all , you shouldn't use exchanges (at least not Centralized one) that asks you for ID , passport and other personal information's .
You can search for someone to trade with on "Currency exchange" section (depends what are the payment methods you have) and that's it , who can know what the transaction was for ? unlike buying from an exchange .
Or you can use LocalBitcoins and try to find someone to meet him face to face (in your country/city) and you buy BTC against cash.

Not sure it would be easy to find the person or website that is willing to sell me a Bitcoin in the amount of more than $ 600,000. And, who also want to do it anonymously.

yeah that would be hard. why not find several people to transaction with and buy bitcoin in small amount, it will take long but aleast you wont reveal youre
identity.

Thank you for the idea , but it is difficult to find 500 -1000 people willing to meet with me personally, and as I'm sure the price will be different and in the end I lose 7-10% of my assets.

[niallo27]

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

I'm not sure what you mean by "safe" , If you mean storing so no one really finds out about them then yes most likely you can do that . But if you mean selling all and buy BTC instead then... no one can be sure about that , price can decrease with time and can increase .. It all depends on many factors such Miners wanting to continue mining (If they see profit) , Supply-demand etc ...
Bitcoin cannot be frozen , and if you hide them I don't see how they will find out about them honestly .

Just want to hide some money. And I dont see, how I can get Bitcoins anonymously.

If it only costs you that to clean your money then you are getting off very lightly. Why not put it in the wifes or kids names

First of all , you shouldn't use exchanges (at least not Centralized one) that asks you for ID , passport and other personal information's .
You can search for someone to trade with on "Currency exchange" section (depends what are the payment methods you have) and that's it , who can know what the transaction was for ? unlike buying from an exchange .
Or you can use LocalBitcoins and try to find someone to meet him face to face (in your country/city) and you buy BTC against cash.

Not sure it would be easy to find the person or website that is willing to sell me a Bitcoin in the amount of more than $ 600,000. And, who also want to do it anonymously.

yeah that would be hard. why not find several people to transaction with and buy bitcoin in small amount, it will take long but aleast you wont reveal youre
identity.

Thank you for the idea , but it is difficult to find 500 -1000 people willing to meet with me personally, and as I'm sure the price will be different and in the end I lose 7-10% of my assets.

[acroman08]

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

I'm not sure what you mean by "safe" , If you mean storing so no one really finds out about them then yes most likely you can do that . But if you mean selling all and buy BTC instead then... no one can be sure about that , price can decrease with time and can increase .. It all depends on many factors such Miners wanting to continue mining (If they see profit) , Supply-demand etc ...
Bitcoin cannot be frozen , and if you hide them I don't see how they will find out about them honestly .

Just want to hide some money. And I dont see, how I can get Bitcoins anonymously.

First of all , you shouldn't use exchanges (at least not Centralized one) that asks you for ID , passport and other personal information's .
You can search for someone to trade with on "Currency exchange" section (depends what are the payment methods you have) and that's it , who can know what the transaction was for ? unlike buying from an exchange .
Or you can use LocalBitcoins and try to find someone to meet him face to face (in your country/city) and you buy BTC against cash.

Not sure it would be easy to find the person or website that is willing to sell me a Bitcoin in the amount of more than $ 600,000. And, who also want to do it anonymously.

yeah that would be hard. why not find several people to transaction with and buy bitcoin in small amount, it will take long but aleast you wont reveal youre
identity.

Thank you for the idea , but it is difficult to find 500 -1000 people willing to meet with me personally, and as I'm sure the price will be different and in the end I lose 7-10% of my assets.

dude its an idea expand it to its fullest. dont be a literal person, think it through on how youre going to do it.

[Astargath]

bitcoin is relatively safe, in the long term, don't look at the short term, plenty of manipulation going one, bitcoin need still plenty of time to grow

when everything about its problems will be settled, i beliave you will see the real usage of it, big merchants are waiting that after all, no reason for them to not accept bitcoin

I wouldn't say bitcoin is safe in the long term. Imagine someone bought bitcoins at 1000$ and after a few years they find out the price is at 300$, do you consider that safe? Of course not because it's not.

[gentlemand]

No one should be keeping any more than a very modest percentage of their wealth in BTC. The potential is there for massive success or total disaster.

[USB-S]

No one should be keeping any more than a very modest percentage of their wealth in BTC. The potential is there for massive success or total disaster.

How do you define the total disaster? I know that this system is still in toddler shoes, with little little to no testing done on it (just comparing, to events of the future.). However if there was a disaster on bitcoin we could just fork off the chain before the disaster happened. So far this system has been proven to be the most robust system in the whole world. There is no shortage of people trying to brake it, to unlock pretty much unlimited wealth for themselves. However I agree that there is no telling what the future will bring.

[gentlemand]

However I agree that there is no telling what the future will bring.

Indeed. All of this hinges on faith and trust. Forking is far from the ultimate save if a lot of people's money has already gone up in smoke. I don't think those who'd lost would be coming back for seconds and those watching from the sides would take it as excuse enough to never bother.

A fatal technical flaw is a long shot indeed but it is a possibility.

[TTMNewsMJ]

Yes.
It is really safe.
Just believe on bitcoin.

[Astargath]

No one should be keeping any more than a very modest percentage of their wealth in BTC. The potential is there for massive success or total disaster.

How do you define the total disaster? I know that this system is still in toddler shoes, with little little to no testing done on it (just comparing, to events of the future.). However if there was a disaster on bitcoin we could just fork off the chain before the disaster happened. So far this system has been proven to be the most robust system in the whole world. There is no shortage of people trying to brake it, to unlock pretty much unlimited wealth for themselves. However I agree that there is no telling what the future will bring.

I think what he meant with total disaster is the price going really low, imagine 10$, you bought 100 bitcoins at 300$ and now they are worth 10$, you will still have some money left but basically you lost everything and this can happen, we have seen bitcoin going from 200 to 400 in a matter of hours, the same could happen but in reverse so unless you have the bitcoins in an exchange ready to sell at ''x'' amount to avoid loses you wont benefit from having bitcoins

[Mickeyb]

bitcoin is relatively safe, in the long term, don't look at the short term, plenty of manipulation going one, bitcoin need still plenty of time to grow

when everything about its problems will be settled, i beliave you will see the real usage of it, big merchants are waiting that after all, no reason for them to not accept bitcoin

I wouldn't say bitcoin is safe in the long term. Imagine someone bought bitcoins at 1000$ and after a few years they find out the price is at 300$, do you consider that safe? Of course not because it's not.

Well unfortunately, this someone has bought on the top of the bubble and that's what happens to the bubbles, they do burst.

Bitcoin is relatively safe and it ain't going nowhere but up in my opinion! Of course, caution is obligatory.

As for the OP's problem, $600 is a lot of money to invest and if you need it to be anonymous as well, you will have to work hard to get it done. There exist the people that get these kinds of amounts for other people. You have to find them!

[Luqman]

Nope, everything in investment part is risky. But I still didnt know what you mean the term of "safe". can you make it more clearly?