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Author Topic: Do you think bitcoin ever be safe for any investment ?  (Read 4265 times)
faatipoke
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January 28, 2018, 01:08:51 PM
 #381

Bitcoin is already safe for investment. People uses bitcoin and other cryptocurrencies for different purposes. All these purposes are safe since people take the risk. Some uses bitcoin for speculation thinking its price will increase in the future, some uses it for sending money accross the world, some uses ethereum and other platforms for raising and investing in ICO's, some uses privacy coins for transacting money, some uses proof of stake coins to gain more interest than banks, etc. It is already safe if you know some knowledge about computers and internet, and if you can keep your facebook account safe

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January 28, 2018, 01:22:00 PM
 #382

I think not for now because even if bitcoin is a digital currency and is safe to use as I said, many people still collects money illegally or what I mean is they steal someone's bitcoin through scams and hacking accounts. Bitcoin is safe if you invest your money to legitimate sites. There are a lot of investments sites there that offer double money back but end up scamming people. I am just saying my point of view about investing with bitcoin. The best method to earn money from bitcoin for me, is investing it through buying bitcoin when it gets high and sell it if bitcoin's value gets lower and also posting here and joining signature campaigns and social media campaigns. Therefore, bitcoin can be a safe way to invest your money but make sure you invest your money to real paying sites and do not forget to always think twice before deciding where to invest. Let us all be wise in managing our money.

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January 28, 2018, 01:28:44 PM
 #383

Every investment has risks involved as well as in Bitcoin which is given to be naturally volatile. But I can say that Bitcoin is more profit-assured than other forms of investment because of the increase on its market value which is higher than usual. The onky risk on Bitcoin is its volatility and it is not that much since there are investors that are taking advantage on its volatility such as buying when its value is falking and selling when its value is at peak which yields to huge profit.

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January 28, 2018, 03:44:31 PM
 #384

In my opinion, there is a lot method of the investment you can invest in a big company or build own business. I choices to invest on the bitcoin because of the possibility of it. If we hold the bitcoin for the long term, it might increase the value x10 or drop x10 that the risk of it, I can have a regular job. I’m sure that bitcoin wallets provide their customer the best security it. Imagine if the bitcoin is not safe this not exists now and there no altcoins. Bitcoin is considered best of all investment.
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January 28, 2018, 04:11:03 PM
 #385

At present situation government actually not so much concern about such kind of currency for that  reason people are not so much interested for using this currency. it is now use as a electronic currency though computerized system.
in terms of purchase and sales bit coin holder's are safe but the  lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.

Bitcoin is safe and the right investment choice, the longer you hold more of the profit you get because bitcoin prices will continue to increase. You just need to keep your wallet key in a safe place.
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January 28, 2018, 04:24:19 PM
 #386

Depends on people who reciving your investments if they are good people your money will be fine in other cases even fiat money will not help. Bitcoins is not a main problem.
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January 28, 2018, 04:52:33 PM
 #387

No currency in the world is safe forever. All currencies have ups and downs depending upon the market conditions. Even USD, gold are volatile in nature. Bue due to their centralized nature their volatility can be controlled by the regulating authority. People have trust in both currency and its regulators. Bitcoin is a decentralized currency. It operates on the mutual trust and understanding among its investors. Bitcoin is the most risky and volatile currency, due to lack of central authority no one can control it. Hence it moves sharply on both sided resulting in huge loss or gain in short period of time. Bitcoin are safe in its own security system Blockchain. All transactions are regularly monitored and verified by its miners.
Leane Lee Natividad Cuenc
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January 28, 2018, 05:32:15 PM
 #388

Every person uses bitcoin for different purposes, i use it to try to increase my capital, and this is the main reason of why i have been buying bitcoins for more than years, it is simple as that.
I think that we all are in here for the same, but some of us use bitcoins for other kind of purposes.
But bitcoin is safe if you know how to take care of yours, if you use a bad wallet you are probably going to be hacked, it is upto you.
and bitcoin is much more safer than other investments, it depends on how are you looking at it.

I agree...Users of bitcoin have own purposes and have their own reason why they invest their money in Bitcoin...Users use bitcoin to try to increase their capital and having a good profit...if you know how to handle and you know how to manage that you invest probably you will get reward and good profit...tobe safe your investment you should avoid the bad things to be happen and not to do so,And so that you will not get hacked otherwise you will regret after your effort.

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January 28, 2018, 05:42:45 PM
 #389

Every investment has risks involved as well as in Bitcoin which is given to be naturally volatile. But I can say that Bitcoin is more profit-assured than other forms of investment because of the increase on its market value which is higher than usual. The onky risk on Bitcoin is its volatility and it is not that much since there are investors that are taking advantage on its volatility such as buying when its value is falking and selling when its value is at peak which yields to huge profit.
it's true that your credentials and not investing in bitcoins are risky but all investments of any kind are also at risk. but if bitcoin is very secure with the benefits we will get, because bitcoin investment is very promising for the future of us all as well

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March 08, 2018, 05:07:03 PM
 #390

Every person uses bitcoin for different purposes, i use it to try to increase my capital, and this is the main reason of why i have been buying bitcoins for more than years, it is simple as that.
I think that we all are in here for the same, but some of us use bitcoins for other kind of purposes.
But bitcoin is safe if you know how to take care of yours, if you use a bad wallet you are probably going to be hacked, it is upto you.
and bitcoin is much more safer than other investments, it depends on how are you looking at it.


True , the safety of our investments does not solely rely on bitcoin and its security system but to ourselves  by being knowledgeable to possible threats and safety precautions for our wallet and account details. I think this goes to anything with money involve and specially in your investments, knowledge helps us discern what would threaten or make our investments profitable.

shezu007
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March 08, 2018, 05:30:22 PM
 #391

According to me yes, bitcoin is ever safe for any investment.  Bitcoin accept all type of investment , short term or long term. In both case bitcoin will help you good.  And security of the bitcoin is also too good so their is no chance of the lose. So we can say that bitcoin is safe for any type of the investment.
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March 08, 2018, 05:30:56 PM
 #392

investment has a great risk. it is true for countries that ban bitcoin they are very afraid to invest in bitcoin, but for my country, bitcoin is not so prohibited. and me while investing in bitcoin is always safe.

nethan1btc
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April 21, 2018, 06:10:38 PM
 #393

Actually, we have our own way to invest which will depends if we can afford. Here in crypto currency, I'm prefer to invest in bitcoin due to it's capability and usage which will really helps to each and everyone of us especially during in times of increase. I would say bitcoin is really safe to invest here in my wallet as I always keep my credentials put in a safe place. Thus, the safety of your own bitcoin will depends on your own place as you put in safest place.
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April 21, 2018, 11:06:49 PM
 #394

Seeing the great volatility in the price of bitcoin, and the continuing uncertainties about its future and the limitations of scalability, investing in bitcoin does not seem a safe investment, but a high risk one. Therefore, I do not think it prudent to invest all your capital in bitcoins, but it should be considered as a portfolio investment.
COCOMARTIN
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April 22, 2018, 12:11:15 AM
 #395

I think bitcoin is safe with some investment trust because bitcoin is for me. That bitcoin is the one I trust more than others.

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patz22
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April 22, 2018, 12:15:16 AM
 #396

You mean like a regulation for crypto? PCI which is being used in financial institutions? Well for me there's no need for intervention from the government as well as the banks for safety of our investment and this is the beauty behind cryptocurrency. Risk is everywhere not just in this business and we are responsible for that.

Indai24
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April 22, 2018, 03:41:45 AM
 #397

You mean like a regulation for crypto? PCI which is being used in financial institutions? Well for me there's no need for intervention from the government as well as the banks for safety of our investment and this is the beauty behind cryptocurrency. Risk is everywhere not just in this business and we are responsible for that.

I agree with you saying risk is everywhere, because investment is something that needs to be think a lot of times prior doing so. Whatever type of invesmentt we have, whether it's from the bank or some other known financial institution but still we are not certain that this institution will stand for a long time, there are a lot of institutions that declared bankruptcy after several years of service. So better be, you have to be ready on whatever may happen so I would still go for bitcoin at least bigger returns that I will be receiving compared to others.

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April 22, 2018, 04:04:29 AM
 #398

At present situation government actually not so much concern about such kind of currency for that  reason people are not so much interested for using this currency. it is now use as a electronic currency though computerized system.
in terms of purchase and sales bit coin holder's are safe but the  lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.
Since the government in our country have less knowledge in cryptocurrency they were not truly aware of different illegal activities that some users did..in the maintime the government started to listen the different concern of the victims since there is this couple who allegedly scammed Filipino investors in the a way of a pyramiding scam.They almost got 1 billion converted to pesos.The government were alarmed on this matter,we will not be surprised if one day the government would take part in cryptocurrency rules and regulations inorder that we can avoid the same cases to happened in the future.
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April 22, 2018, 04:30:28 AM
 #399

I agree that if the government have policy about bitcoin people investing in bitcoin will feel safe and more people will encourage to invest. But I think it is still safe to invest in bitcoin if you have knowlegde about it.
Joriecoinbit
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April 22, 2018, 04:31:10 AM
 #400

You mean like a regulation for crypto? PCI which is being used in financial institutions? Well for me there's no need for intervention from the government as well as the banks for safety of our investment and this is the beauty behind cryptocurrency. Risk is everywhere not just in this business and we are responsible for that.

I agree with you saying risk is everywhere, because investment is something that needs to be think a lot of times prior doing so. Whatever type of invesmentt we have, whether it's from the bank or some other known financial institution but still we are not certain that this institution will stand for a long time, there are a lot of institutions that declared bankruptcy after several years of service. So better be, you have to be ready on whatever may happen so I would still go for bitcoin at least bigger returns that I will be receiving compared to others.
Wether bank or crypto world its always have risky times because we don't know the effect and behind for investment. I think most people are experience losses of investment because everybody starts as a beginner ,for us to prevent loss we can having more knowledge and adopt the things. It is safer if we are wise of our decisions.
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