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Author Topic: Can we make sure that our money we invest in Bitcoin is safe?  (Read 4152 times)
jake zyrus
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June 22, 2018, 08:33:28 PM
 #841

investing in bitcoin is a totaly save, but first you must know about investing on whatever are is still totaly have a risk
so i don't know what you mean a save is ?
because any investment have a high risk but have a high return
Before you start to invest in any kind of business you must know first the risk,  especially in bitcoin cause the risk of bitcoin is the unstable of the price value. Even have risk in investing in bitcoin your investment are fully safe and secure.

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June 22, 2018, 09:56:13 PM
 #842

am sure bitcoin is safe to store and keep your money fou you no matter what people may say it is risky to invest in bitcoin wich i don't find convincing .the part were one fall into the hand\s of this hackers i think that is our fault. i don't really know much bt i know a hacker can only have access to your money when he/she get access to your private key. so for me i think is best you save your private key off were it can be hacked
yhancel20
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June 22, 2018, 10:24:50 PM
 #843

Investing in cryptocurrencies not only in bitcoin is risky.many hacker are waiting to get a chance to stole our investment.so as like everyone say invest at your own risk, invest what you can afford to loose.
bedulook
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June 22, 2018, 10:31:29 PM
 #844

Bitcoin blockchain is safe for transaction but the holders of bitcoin are solely responsible for their safety of their coins. If they compromise their wallet by letting lose of their private keys ,or getting to a phishing site, then no one can be blamed.
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June 22, 2018, 10:33:01 PM
 #845

It is our job as an investor or holder to keep our Bitcoin safe we must choose carefully on where to put it,
For me the best way to secure your CryptoCurrencies is by putting it in a hard ware wallet so that no hackers could access your wallet,
Unlike any online wallet hard ware wallets need to be connected in the computer in order to open the wallet and they would need the passcode to access it.

loyseu
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June 22, 2018, 10:36:47 PM
 #846

I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
I think they make sure that the investment that they choose is reliable and credible to make profit with their money. You won't just have to put your money in an investment without checking it whether it is reliable or not but you need to make sure that it will make profit with your money.
DoublerHunter
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June 23, 2018, 12:35:38 AM
 #847

It is possible if you will have an offline wallet or if you don't have an offline wallet then you can just make sure that you have high secured password on your online wallet and you keep the back up passphrase to a safe place so if something gone wrong on your account like you forgot the password then you have the back up to restore it.
harrylucky67
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June 23, 2018, 12:51:26 AM
 #848

 Using bitcoin wallet is one of the ways that you can do to ensure that your bitcoin is safe. simple keeping your code with you is keeping your Bitcoin safe.
candy69
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June 23, 2018, 12:53:22 AM
 #849

When you start trading, don't keep your money on exchanges, always have them on wallet. For better safety, you can use hardware wallet, which is quite safe.
emberbekas
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June 23, 2018, 12:58:13 AM
 #850

I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.

For the security issues of the ignorant hand act out there, there are several methods that can be used. And the safest thing at the moment, in my opinion, is to store our bitcoin in the hardware wallet. It depends on us how to secure our bitcoin but frankly there are many other methods that we can use.

headache1327
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June 23, 2018, 06:33:52 PM
 #851

Maybe they use a second password to strengthen their money because I think the second password is helpful to prevent hacking their money so if you want to secure your money may be the second best password in my opinion
vvaswert
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June 23, 2018, 06:34:53 PM
 #852

I think that yes, if you have studied the crypto currency and bitcoin well, you should know that everything is very thoroughly worked out there and you can not deceive the essence of the crypto currency, but give an opportunity to earn it)
biskitop
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June 24, 2018, 04:11:59 AM
 #853

for security issues, yes very safe. but to find a profit from bitcoin investments, is quite risky. prices are up and down, definitely make people will panic. but if really sure want to invest in crypto, then must be prepared for patience when the price drops and wait for the price to rise.
bauntyshark
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June 24, 2018, 05:02:46 AM
 #854

The first step is to study where to invest, but Hardware wallet and paper wallet are the safest.

amberthomas
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June 24, 2018, 09:57:51 AM
 #855

As long as no one will discover your private equity keys and you are also using ledger wallet your bitcoin will be safe but investor is not safe of losing the value of his or her money from bitcoin when it dip. In bitcoin wallet it is more secure becuase we keep the private key and no one knows about the combination.
adjong
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June 24, 2018, 10:05:25 AM
 #856

for me security is very important as far as investment is concerned and cannot be over emphasized. Making sure your money is safe while investing in bitcoin is in fact the most important factor.You only have to do a quick Google search for recent hackings of large global companies to see that any company is open to security issues regardless of size or industry. So no one can make sure that our money we invest in Bitcoin is safe.
Pistachiop
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June 24, 2018, 10:34:35 PM
 #857

You must first note and accept the fact that Bitcoin is volatile in nature and can lose value anytime, thats something that you cannot secure, moving on, there is only one way to ensure  that your cryptos are safe, INVEST IN hardware wallets, The Ledger Nano s and trezor for example  are the best bets out there when it comes to the safety of your coins as they store them away from the internet hence safe from hackers.. The security of your coins is however purely a responsibility of yours
Jessica2009
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June 25, 2018, 12:03:51 AM
 #858

Bitcoin is  one of the major crypto currency which has the definite  features.A sensible investor should ensure the safety of his money prior to the investment. Bitcoins net work systems are originated very strong and it is a decentralized one with anonymity and its all transactions are recorded in an electronic ledger with the block chain technology.There is not any controlling authority to bitcoin and only the buyer and the seller knows about the deal.The incorporation of the block chain technology ensures its security systems very well.These are the major attractive characteristics of the bitcoin.

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linsayjinny
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June 25, 2018, 12:05:45 AM
 #859

I think any investment has a high risk but have a high return. you need to follow the rules of safety. And then no one can steal your money
yron51
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June 25, 2018, 12:09:14 AM
 #860

It is how you use a trusted wallet like trezor and ledger for the good security this is the most trusted hardware wallet to make sure that you funds is protected.
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