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Author Topic: Is Bitcoin trusted to put your real money  (Read 48066 times)
gribble
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February 12, 2016, 04:47:43 AM
 #41

I put some money on bitcoin just for collection.  Grin
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February 12, 2016, 05:31:13 AM
 #42

Yes it is reliable. It's just like investing your money in gold.
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February 12, 2016, 07:42:28 AM
 #43

of course it is trusted to put real money. I prefer not large amount of money to be put. A small amount will benefit you as even if there arises certain bans it won't affect you much as you have invested or put small amount.

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February 12, 2016, 08:10:42 AM
 #44

Maybe it's smart to go invest a little in it. But I also think you are at risk.
Because the probability of making a profit is there too.
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February 12, 2016, 08:17:54 AM
 #45

I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??

I know what you feel about this online things, when i introduce bitcoin to my friends, they also scare for hacker. But i can tell you that bitcoin is safe, and bitcoin also have a wallet like real money and of course it's safe.
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February 12, 2016, 09:13:48 AM
 #46

very trusted. im invetsing all my money in bitcoin. and every 3 month or more. i always sell my bitcoin.
but sometimes when that week prices have gone up, I sell it on the spot
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February 12, 2016, 09:23:19 AM
 #47

yes bitcon is trusted to put your real money.
but if anyone says that invest your btc and make it double after 3 weeks or 2 month. they all are completely scam,dont trust them.
but buying btc and store them is 100% secure.

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February 12, 2016, 10:06:03 AM
 #48

saving your money when you really need your money in the future isn't a good idea, sometime bitcoin's price go down or go up, but otherwise when you bough bitcoin when it at lowest price point,it'll give you many profit so it depend on how you take bitcoin

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February 12, 2016, 10:23:32 AM
 #49

i do consider bitcoin as an investment,there are certain rules you follow when you put your money into any investment, same goes to bitcoin too.
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February 12, 2016, 10:45:21 AM
 #50

Bitcoins are reliable just like any other currency held in other online payment processors but you definitely need to take care so that your money is safe. I use xapo which has a 2FA but I want to try offline wallets if they aren't that expensive and it doesn't need too much space on my HD. The only thing that matters is your patience and the price of BTC that can be high or low else all other payment methods are risky in a way. Have heard many cases of banks, PayPal and other payment modes getting hacked as well.

Ponzi websites are a big No for me and I wouldn't invest my money anywhere even in Forex websites. I believe in earning from Instaforex forum and investing the same money there as I have had many losses while trading as well. I never invest my hard earned money anywhere.

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February 12, 2016, 10:49:35 AM
 #51

yes bitcoin is trusted, as you can see bitcoin has been growing more and more powerful each day,think bitcoin as a stock or investment

if you think stock can be trusted to put your real money then bitcoin also can be trusted


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February 12, 2016, 10:51:48 AM
 #52

I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??

I bought Bitcoin and will buy Bitcoin.
Bitcoin is a coin and a (high risk) speculative asset.
It's up to you if you believe it worth a shot.

There are sites that will sell you Bitcoin, there are sites that will try to scam you.
You have to read and watch out. If you buy for good reputation places you may pay some more, but you will be safe(r).

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February 12, 2016, 11:02:20 AM
 #53

If you think about some currencies that today have a ultra high inflation rate, bitcoin becomes a pretty safe way to store value without losing it to inflation.
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February 12, 2016, 11:16:03 AM
 #54

I usually put 10% of my salary IRL into my bitcoin wallet. Specially since the markets are crazy now and bitcoin is a safe harbour for investors.
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February 12, 2016, 11:17:00 AM
 #55

there is always risk with bitcoin as there is always risk with using fiat too, even using paypal or credit cards have same risks.

but as long as bitcoin has benefits over fiat people are going to use it. benefits like the anonymity, speed of transaction and low fees.

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February 12, 2016, 11:38:26 AM
 #56

I think almost everyone in here trust the Bitcoin ecosystem. The only thing you must not trust are those scammers that use bitcoin the get money from you. Do not trust HYIP scams that promises you easy money on short period of time. YOu can buy bitcoin as investments. Store them in a safe place and wait for the time it truely blossoms and collect the profits.
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February 12, 2016, 12:22:13 PM
 #57

Yes It is trusted to buy bitcoin with your money as it is reconverted to your money easily and you can easily use it for any purchase online as you use your other currencies. So bitcoin is also a currency, a virtual currency.
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February 12, 2016, 01:02:40 PM
 #58

I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??
no system secure in this world,i mean perfect system,even you store your money on real life,its risky. and also on internet,even it can be hacked,but as long we try the best for secure our money,we dont have to worry.

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February 12, 2016, 01:05:17 PM
 #59

Yes It is trusted to buy bitcoin with your money as it is reconverted to your money easily and you can easily use it for any purchase online as you use your other currencies. So bitcoin is also a currency, a virtual currency.

Exactly, and majority of us would have invested fiat to buy their first bitcoin at initial stage, so we should not hesitate in future too, we can trust bitcoin even if we have to invest our fiat money into it, as I find it very safe and convenient.
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February 12, 2016, 01:18:56 PM
 #60

Yes it is reliable. It's just like investing your money in gold.
no its different with gold. gold doesn't have fluctuation like bitcoin


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