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Author Topic: Questioning the safety of Bitcoin?  (Read 201 times)
Chirayu_20 (OP)
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April 05, 2018, 12:20:35 PM
 #1

   Is it safe to invest in Bitcoin or is it just a bubble?  Huh Huh
gobingo
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April 05, 2018, 12:50:54 PM
 #2

Investing in bitcoin is very safe, and it is true that bitcoin has bubbles, and we can sell the bitcoin of the three bubbles up and buy again when the price starts to fall as it currently has a low price value.
monalia
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April 05, 2018, 01:00:55 PM
 #3

   Is it safe to invest in Bitcoin or is it just a bubble?  Huh Huh
Bitcoin is more safer than Bank because it is more profitable investment but we must wait for minimum one year. But bank is easy to invest in fiat currency and profit also very less compared to Cryptocurrency so majority of the peoples are looking to invest in Cryptocurrency. The current market is totally damaged so these kind of questions are raise in many peoples I know the bitcoin worth it will never failed in crypto market.

gordonsam32
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April 05, 2018, 01:05:22 PM
 #4

   Is it safe to invest in Bitcoin or is it just a bubble?  Huh Huh
Bitcoin is more safer than Bank because it is more profitable investment but we must wait for minimum one year. But bank is easy to invest in fiat currency and profit also very less compared to Cryptocurrency so majority of the peoples are looking to invest in Cryptocurrency. The current market is totally damaged so these kind of questions are raise in many peoples I know the bitcoin worth it will never failed in crypto market.

@red just because Bitcoin is potentially more profitable doesn't make it safer.
@green you must have seen the future since you've got the time-frame figured out.
@blue Investing in Bitcoin is easier to do than banks since all you need to do is open a wallet.
Anti-Cen
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April 05, 2018, 01:15:38 PM
 #5

Bitcoin is more safer than Bank because it is more profitable investment.....

Selling drugs is profitable too and what about all the people that get bit-coin apparently stolen ! Who do they call,
whats the phone number please.

You are talking FUD and not even good FUD

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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April 05, 2018, 01:19:27 PM
 #6

Nothing is risk free as a investment for me. Bitcoin is risky investment but there is more reward than other investments, but that means also, there is more loss for some people  Smiley

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April 05, 2018, 01:38:01 PM
 #7

   Is it safe to invest in Bitcoin or is it just a bubble?  Huh Huh

I don't think that it will be right to question the bitcoins comparing to bubble and that too when this type of question is already been asked many times prior. Anyways being a member, it's our duty to answer the queries in the correct way. I personally believed that bitcoin is not a bubble and it is a strong investing asset similar to stocks and bonds which has a strong value and interest which is rising among the people with the increase in demand. It is obviously safe to invest in bitcoin if you choose the good exchange like Binance, Bittrex, and Coinbase and by following the safety precautions.

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April 05, 2018, 01:40:46 PM
 #8

Nothing is immortal so I can't say that bitcoin will exist forever. Many developers working with cryptocurrencies and they might create one with the potential to take the place of Btc.  But as per current situation Btc is doing very well and nothing to worried about. 
maskedtrader53
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April 05, 2018, 01:44:52 PM
 #9

   Is it safe to invest in Bitcoin or is it just a bubble?  Huh Huh

Just a bubble dude. Invest on other things.  Smiley

Seriously, you wouldn't be here if you haven't made up your mind. Just go ahead and change your fiat to BTC, don't be worrying much because that won't give you any good results.
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April 05, 2018, 01:48:04 PM
 #10

No one knows which way the market is going to go on crypto, no one knows if it's going to go up, down, or say the same. The best advice you can get from the experts is that bitcoin is going to be insanely volatile -- and that's the end of it.

Bitcoin the investment and bitcoin isn't the same thing at all, don't lump them together/.




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letzdodiz
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April 05, 2018, 01:50:43 PM
 #11

There are no safe things in investment. If you want to be somrhow safe,  I think you should just invest a nominal amount. The return of it might be low but the brighter side is that the risk is low too. If you want a higher return, be ready for taking a higher risk.
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April 05, 2018, 02:16:47 PM
 #12

Bitcoin is really safe if you are asking for the security of Bitcoin, but it is still a market, that's why the price of it is so volatile, unlike the other market. But because of this volatility of Bitcoin, many of the people who invest in Bitcoin really earn big money.

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SiDtHeBeSt
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April 06, 2018, 08:30:08 PM
 #13

Well if you observe the price graphs on bitcoins you'll find out that whenever bitcoin's price dropped it always recovered and went even higher after recovering. I think this is like a cycle and it would keep going up and crossing the previous value. But, the time taken for this might differ and increase as the higher the price goes the bigger is the drop btc faces. For example this drop, it might take a lot of time to recover.
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April 06, 2018, 08:54:55 PM
 #14

bitcoin is valuable, it is the first, it is the father. but fathers sometimes leaving the field, and give place to the younger brothers. Cryptocurrency sphere can change in a couple of hours.
ashley_49
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April 06, 2018, 08:57:38 PM
 #15

What are you saying mate, Bitcoin is way too safe than Bank because it is more profitable investment but we must wait for minimum one year. The profit bank gives is also very less compared to Cryptocurrency.
hermanjones18
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April 07, 2018, 06:41:16 AM
 #16

In term of security, I think Bitcoin is pretty much safe. In term of ‘Security of asset’, Bitcoin is potentially more profitable. But the market is a still quite volatile, so you should have patience for success in this market.
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April 12, 2018, 04:24:22 PM
 #17

hackers are trying to initiate payment transactions, which seem to be confirmed and correct. Their goal is to convince users that these payment transactions are invalid, and the coins remain on their account.
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April 12, 2018, 04:26:09 PM
 #18

According to the available statistics, the following hackers' actions represent the maximum threat to the security of the Bitcoin platform: Reusing the same coins to perform payment transactions.
perova93
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April 12, 2018, 04:27:57 PM
 #19

 Do you have tools for your own control when you participate in several bounties? Maybe a tablet in Google Dox that you can share (only a template, without filling it naturally).
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April 12, 2018, 04:29:05 PM
 #20

   Is it safe to invest in Bitcoin or is it just a bubble?  Huh Huh

All investements are in some degree dangerous or not safe. Depending on how brave you are you can turn this around and have a much more special way on how to invest. Bitcoin is no different from the stock in the stock market it rises and it falls and everything might seem untrue because it seems scripted but what we do know is that wverything that has been done so far and so far bitcoin has been getting stronger every year so why wait?

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