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Author Topic: Can we make sure that our money we invest in Bitcoin is safe?  (Read 4161 times)
Caladonian
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May 29, 2018, 03:39:07 PM
 #201

No one can secure your money invested in Bitcoin and only you need to secure your money in keeping them in a a secured wallet and also keeping the password or keys safely. You cannot trust anyone in the world but you can trust the technology used in Bitcoin for safety of transactions, they use block chain technology.
If you maximized the full security of this system, then you are more secured as blockchain offers that features, the security level can be more strict
if the user itself knows what he's doing, its all about knowledge and capabilities to learn or master the system, from that point we will be able to have
some good guarantee that we will be able to survive and make a good future from this field.
Fappanu
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May 30, 2018, 10:53:58 AM
 #202

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.

Keeping your wallet on your hands is harder to trust now, especially as it's a cyber world. So be careful and I can only advise you to check out the websites you visit and find out if this is a phishing site.

Many bounty hunters and investors are robbed because of this tactic of hackers so we should be double careful
Cherylstar86
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May 30, 2018, 11:18:21 AM
 #203

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 agree that there are a lot of hackers all over the world but those hackers can't hack unless those users will be attentive and be alert all the time. Also, the users credentials of its wallet should always in the safe place and only the users will know all the time since it talks about money the users should do his or her responsibility.
brylle34
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May 30, 2018, 11:48:56 AM
 #204

first and foremost before you invest on anything you need to learn the most important things from it. yes you may now know that will earn on bitcoin or in any other digital currency but how can you make it safe from those hackers. what you need to do is make sure your lapto or pc you are using is safe specially when you save your private keys on where you will logon. and also the website you will log on to make sure it has the correct url because there are a lot of phising sites out there, and also what i recommend to you is to buy wallet called cold storage like ledger nanno to be more secured and safe from any hackers. make sure buy cold storage from legit sellers for you to be safe from phising. just always remember be cautious in every action you do interms of digital currency.
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May 30, 2018, 03:24:46 PM
 #205

In this case, the security of the wallet that we have to be really strong. But making sure if the market is safe for your holding is another thing. Therefore, I highly suggest that invest the amount that you are willing to lose, because we don't really know what will happen.
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May 30, 2018, 03:42:52 PM
 #206

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.

You really have to take careful steps before deciding where to put your money. The wallet that’s safe could depend on your country. It would be better to choose one that’s known by many people or publicly advertises itself. You can also ask advice from your local area regarding what is the best wallet or the safest way to store. Don’t rush in making decisions because you do not want to regret loosing your hard-earned money.
IamSaitama
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May 30, 2018, 03:44:13 PM
 #207

Bitcoins are almost hack-proofs because they have this intricate security system that makes it difficult to hack coins. One thing about this system is the addresses of the coins are very unique and complicated. Guessing numbers and letters is just as possible as you think. Number two, the wallet is the one to blame. Different wallets provide different levels of security finding a good and reliable is one key to hacker-free investment.

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jakoylantern
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May 30, 2018, 03:44:49 PM
 #208

For me, we can make sure that the money we want to invest in bitcoin will be safe because bitcoin is decentralized and have a fluctuating amount. Yes, the investment you need to consider the investment you will make how or when will you return your investment. But in bitcoin, it will be difficult to calculate when you will gain or earn that money you spend. The only thing you know is bitcoin’s amount is unstable you can earn or profit a massive amount of money in a long or short period or maybe lose all your investment if bitcoin’s cost becomes worthless. The only thing to make sure that the money you invest will be safe is to spend so money that affords to lose, or you can do some research about it. Smiley
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May 30, 2018, 03:49:41 PM
 #209

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.

Advice to anyone who doubts and worries. Keep money in different baskets. In different exchanges, on different wallets on the computer. Install a good antivirus and firewall. We cannot say today that one way is better than the other. You need to have wallets in different places.

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May 30, 2018, 04:02:09 PM
 #210

Our money is safe in hands if bitcoin. But the problem is begin from ourselves,which means the safety purpose passwords and transaction details we keep strictly confidential. If we fail in this task then there is no use by blaming bitcoins security system.
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May 30, 2018, 07:59:18 PM
 #211

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.
If you want to know if your money is safe with your investment you could see it to its background if there is someone or people who have trust on that investment. In addition to that, our money is safe as long we not share any information about our investment.

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May 30, 2018, 08:05:33 PM
 #212

search more about bitcoin wallets . there is a hot wallets and cold wallet i recommend you a type of cold wallets like hardware wallets trezor or nano . its more secure . than a type of hot wallets using in exchanger .
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May 30, 2018, 08:16:25 PM
 #213

we can use 2FA security, but that's all I know, maybe other users have another way to secure their investment. I also need additional ways to keep me from hacking.
jhonnydeep87
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May 31, 2018, 02:44:49 AM
 #214

Can be ascertained for the security of your money and you should read about bitcoin like btc, mastering bitcoin and others. Once you understand the technology behind bitcoin you can secure your funds properly. Cool
abhi777
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May 31, 2018, 12:33:58 PM
 #215

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.
it is already a risk investment with cryptocurrency I think in terms of our own security that need careful watch in investment with bitcoin
znakistu
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May 31, 2018, 12:39:00 PM
 #216

no one can guarantees this. it all depends on how well you "hid" from prying eyes and scammers their bitcoins. there are many ways to protect the crypto currency. use the best wallets and everything will be okay!

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May 31, 2018, 12:45:54 PM
 #217

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.

To avoid scam make sure that the site you are willing to invest is legit. And when you invest it doesn't means that you can earn a profit. Remember that bitcoin dont have fix value sometimes the bitcoin price become low.
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May 31, 2018, 12:53:07 PM
 #218

Its very risky to invest in bitcoins the hackers are everywhere no one can guarantee that our investments is safe.Before doing investments make sure that you can have those security measures that can secure our funds and one thing for sure put an investments that we are willing to lose.
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May 31, 2018, 12:56:46 PM
 #219

no one can guarantees this. it all depends on how well you "hid" from prying eyes and scammers their bitcoins. there are many ways to protect the crypto currency. use the best wallets and everything will be okay!
Safety is guaranteed as long as you will keep your account with yourself alone or share it with your trusted ones. The only thing about its security is when others has an access to your account. But as a matter of fact money that was invested in bitcoin is safe to say that is secured because admins are not tolerating that kind of activity.

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Mihail.B
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May 31, 2018, 12:56:58 PM
 #220

I believe that the issue of security should be approached with full responsibility.  We invest our own money.  and there where big money as a rule and big risks.
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