Bitcoin saving is not safe

[KolinBitcoin]

what is bitcoin saving???

[1714290534]

1714290534

[1714290534]

1714290534

[lunaalthea]

I don't get you. Why bother going here in this forum if you don't have any faith in the very foundation of cryptocurrency. Of course it is possible for the wallets to be hacked, using or saving crypto is always involved on the internet. If you are saying about investment, it actually depends. I believe that other cryptocurrencies out there has more investment return at the moment.

[l0uisStanley]

I don't believe in bitcoin being hacked. I see bitcoin as a long term investment so for me is very safe to hold it. It is a strong cryptocurrency

[wildflower18]

I don't think so that bitcoin saving is not safe.
Security of bitcoin is full proof no one can claim security of bitcoin and that is the major reason that people from the world are investing their huge money. So don't think negatively about bitcoin security. Your investment in bitcoin will always be safe.

It is not good to think negative about bitcoin. Thinking negatively about it could not help you to adopt the changes and it could not lead you to become successful in this crypto world. Bitcoin is safe the more important is your holding or saving the private details to avoid scam or hack by others. All investment is risks just be cautious and choose wisely on saving it.

[Bountyhunter01]

Yes I know that the bitcoin saving is so very risky. Anybodies no hacked your account when you take of carefull use your account.

[KolinBitcoin]

so if you download the wallet there is an hacking possibility?? 

[Snail2]

I think Bitcoins saving is quite risky, because compared to other forms of investment such as gold or dollars, cryptocurrency is more risky because the possibility being hacked is so high, we could be stolen bitcoin or the ability the network system attacked, you lost all bitcoin in the second. In addition,fluctuations in bitcoin price are highly impacted by the market so investment in bitcoin is unsafe solution.

Wow! What an enlightening, wise and still surprising post :/. Is it volatile? Really? Perhaps this is a new thing for you mate, but that's why you can make some good gains in a relative short time period by trading BTC.

"or the ability the network system attacked, you lost all bitcoin in the second."
You obviously have little knowledge about the topic you trying to talk about .

"because the possibility being hacked is so high,"
FYI there are thousand times more credit cards being "hacked" every day then BTC wallets. Also you can decrease your chances to be hacked by a large percentage by using some basic IT security practices.

Any other bright observations ?

[buyinbtc]

I think Bitcoins saving is quite risky, because compared to other forms of investment such as gold or dollars, cryptocurrency is more risky because the possibility being hacked is so high, we could be stolen bitcoin or the ability the network system attacked, you lost all bitcoin in the second. In addition,fluctuations in bitcoin price are highly impacted by the market so investment in bitcoin is unsafe solution.

Indeed, the value of bitcoin is unstable, and the price is determined by the market. Bitcoin is very safe if you can keep your private key and no one can steal bitcoin from your wallet.

You have to be very stupid to have your private keys stolen. Bitcoins are much safer than gold or fiat.

Even if bitcoin's price falls down, you don't lose any bitcoins, you only lose value of USD. So you can just wait, if you have time, till price will rise again to sell them to get profit.

[September11Myth]

I think Bitcoins saving is quite risky, because compared to other forms of investment such as gold or dollars, cryptocurrency is more risky because the possibility being hacked is so high, we could be stolen bitcoin or the ability the network system attacked, you lost all bitcoin in the second. In addition,fluctuations in bitcoin price are highly impacted by the market so investment in bitcoin is unsafe solution.

Oh Dear, please, please read around the forum before posting such stupidity. What do you mean network system attacked? Do you have any idea what you are talking about? Maybe what you heard about people losing their bitcoin is (1) they put their funds on a exchanges, so when a hacked happened on that exchange, your money is gone, (2) you didn't protect your wallet, - password is not strong, or you give your private key to someone untrusted. Fluctuations is part of the nature of bitcoin, If you don't know how to handle fluctuations, you shouldn't be in bitcoin investment. Bitcoin price is based on supply and demand, so its another factor that you need to understand before talking about fluctuations, volatility and unstable price.

Yeah, that guy has close of no idea of what he's talking about, he is just mimicking what he has read around and assembling the concepts in a semi-random way.

[newb-dev]

Don't believe everything that negative people spread on the internet. Bitcoin is safest being hold than withdraw now. Consider it a long term investment. Don't check your wallet every hour

[AltheaHeart14]

Every investment has its own risk, but safety of your investment was defend on you, you have the primary responsibility on your investment. Every investment has it own safety that defend on you, for example you have the private key for your bitcoin wallet that you protect, interms of price just lets wait for the perfect timing to do our investment.