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Author Topic: Can we make sure that our money we invest in Bitcoin is safe?  (Read 4161 times)
Thanasis
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May 31, 2018, 12:59:33 PM
 #221

Bitcoin investments are risky there is no guarantee that you will get returns so it is upto you to invest on bitcoins and other crypto currencies.But crypto currencies are safe in the form of currencies when compared to the fiat money.It is impossible to hack our bitcoins by hacking the blockchain network so if you consider bitcoin for future use then it is safe to invest.

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May 31, 2018, 01:00:08 PM
 #222

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!
It depends upon your care because there are lot of hackers in here. As long as you hide your account into safety then you will be assured of its security. You are the only one who can guarantee its safety because it is on how you handle your account properly that will determine your access to it.

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May 31, 2018, 01:00:49 PM
 #223

Of course we will be able to believe that our money will be safe through bitcoin investment if we really have the knowledge of how to secure our money in the form of bitcoin from theft and other criminal acts that will harm us. for that learn how to secure the bitcoin we have and follow that way, and certainly never someone knows the password of bitcoin account we have if we want our bitcoin safe and avoid theft.
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May 31, 2018, 01:01:49 PM
 #224

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.
Ofcourse before you invest in Bitcoin, make sure that you are investing is 100% legit. Hackers are now common here in forum so we should know already how are we going to avoid them.

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May 31, 2018, 01:03:07 PM
 #225

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.
There is security in bitcoin investing. The developers of bitcoin in fact had put immense effort to make bitcon as secure as possible, because  they are aware that it is related to money and might even, big amounts of money transacted globally. The result is a cryptocurremcy that's very secure, it's virtually impossible for people to break in and steal other's coin. The only scenario where bitcoins could be stolen is when you publicly post your credentials making it easier for hackers and thieves to break in to your account.
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May 31, 2018, 01:07:07 PM
 #226

I'm sure that it was all safe. Because ofcourse before you invest, you already trust the project where you invested your money so you should also assured that it is safe to leave it to them.

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May 31, 2018, 01:08:27 PM
 #227

yes it is indeed safe but you must be careful with your bitcoin holdings because there are many offers nowadays that will lead you to disclose your digital wallet information that includes the private key. So do not get easily attracted by any offer because most of them will lead you to sign up with a phishing website or phishing application that will record your data inputted in that phishing app or website.

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May 31, 2018, 01:09:40 PM
 #228

Investing in bitcoin is must your own decision, before entering bitcoin you must learn everything about it, knows how it works with that investing in bitcoin is safe enough.

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May 31, 2018, 01:10:52 PM
 #229

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.
Yes it was very risky, we didn't have any assurance that our money will become safe under the investment of bitcoin because we already know that it was unpredictable. Though bitcoin and Cryptocurrency has a good security technology but we couldn't still rely on this due to hackers today were so intelligent when it comes to hacking.
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May 31, 2018, 01:15:34 PM
 #230

Yes you can keep your coins in a trusted market wallet that has a good security.plus you can use an advanced antivirus to keep your keys safe.
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May 31, 2018, 01:21:17 PM
 #231

Yes you can keep your coins in a trusted market wallet that has a good security.plus you can use an advanced antivirus to keep your keys safe.

Yes of course, Aside from some security. Bitcoin in terms of investment im very comportable maybe sometimes the price will encounter huge flusctuation but still i believe it will recover in due time or in long term investment.
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May 31, 2018, 01:32:47 PM
 #232

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!
It depends upon your care because there are lot of hackers in here. As long as you hide your account into safety then you will be assured of its security. You are the only one who can guarantee its safety because it is on how you handle your account properly that will determine your access to it.

I agree with you, it depends on how you handle your account properly to guarantee that it's safe.
To be sure that your investment are safe you should use an trusted and reliable wallet,  paper or hardware wallet like trezor or ledger nano and keep it safe your private keys.
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May 31, 2018, 02:06:43 PM
 #233

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!
It depends upon your care because there are lot of hackers in here. As long as you hide your account into safety then you will be assured of its security. You are the only one who can guarantee its safety because it is on how you handle your account properly that will determine your access to it.

I agree with you, it depends on how you handle your account properly to guarantee that it's safe.
To be sure that your investment are safe you should use an trusted and reliable wallet,  paper or hardware wallet like trezor or ledger nano and keep it safe your private keys.


Well we can only do so much on our part. As stated by the people above, being careful with your passwords and private keys is your best option and normally, your wallet is safe until you become careless. With how random wallet addresses are, it would take a really determined hacker to specifically target you for your bitcoins to get a chance of being hacked

 
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May 31, 2018, 02:22:27 PM
 #234

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, bitcoin is safe, however, If you just go along and do not understand the ins and outs of Bitcoin, you can be an easy target for people who are not responsible (hacker).

Therefore, when trying to invest in bitcoin, you should Pay attention to storage security issues. because Bitcoin storage is not a hundred percent safe. You will get a virtual wallet with a private key. Although it has been given protection, it becomes vulnerable because your virtual wallet is in the internet network.

Each Bitcoin wallet have different layers of security and different ways of securing it. But on average, they provide an option where you can add 2 Factor Authentication to give an extra layer of security to your wallet.
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May 31, 2018, 02:31:48 PM
 #235

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.
in fact all the security lies in ourselves, I save in my digital wallet and the keyword is very privacy of course, avoid sites I do not know

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May 31, 2018, 02:44:37 PM
 #236

easy, all you need to do is to choose a best password for your account and don't lose it.



I think there are many things you can apply to make security measurements of your crypto investment. Make sure that the exchange where you invest has a very secure server and always use the Hardware wallet for trading purposes as it is very secure.
there are hackers scattered around the world and it is our duty and responsibility that we invest in bitcoin and crypto markets with the right security and we need to check and verify every thing related to the crypto market because we are responsible for the funds.
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May 31, 2018, 02:49:00 PM
 #237

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.
People behind the bitcoin? Its not from some centralized company man educate yourself
The one who work as bitcoin developer are volunteer and they don't secure your bitcoin you have to keep in in secure wallet and have proper backup of your wallet.

Bitcoin network is secure itself so you have to keep your private key securely and never use coinbase, xapo like centralized bitcoin wallet.



yes it is true once I agree with this. and in my opinion much safer with bitcoin because with bitcoin not tied to anyone
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May 31, 2018, 02:56:00 PM
 #238

In any case, it may be safer to invest in Bitcoin than to let money in the bank. And you will win more if you do it, if you read some tricks to protect your money, you will be safe.  Grin

Nice post btw, i think it can be cool Smiley You can go to my post and take a look for all the replies, maybe it could help you: https://bitcointalk.org/index.php?topic=4174697.0
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May 31, 2018, 03:06:32 PM
 #239

Well before investing in Bitcoin you have to understand how Bitcoin works, it is decentralized, so no one is behind it. Second, Bitcoin is an investment platform that has very high risks and have high returns as well. For the safe keeping of your coins, you can search and choose a wallet that fits the things that you are looking for, for you be able to store your coins and feel secured about it as well. There are a lot of storage or wallet out there, you can search the net before choosing the one the is best for your need.
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May 31, 2018, 03:07:18 PM
 #240

Nothing is absolutely safe. When you send money to the bank, you still get information stolen and lose money on the card, or the bank goes bankrupt, the money you deposit into the bank is also wiped out.
And for bitcoin, too, with this encryption prefix, even though it is password protected, hackers can still steal your wallet.Then you will lose money in your wallet.
Therefore, you should make the right choice for investing in bitcoin or other currencies.
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