Can we make sure that our money we invest in Bitcoin is safe?

[illeedan]

You have to secure it yourself.

[SvonioneFromMangoCoinz]

It's true that many hackers used to be the world, but we can also use 2FA security or we could store our bitcoins in a nice and trusted market wallet that has good security.

I think the use of 2FA is not a way to completely secure our assets. If there are some people stealing your computer or your phone, accessing the bitcoin wallet is a simple thing with hackers

[Brenda Karenn]

Two years ago, almost 120,000 bitcoin worth around $78m (£58m)were stolen from Hong Kong-based Bitfinex, one of the most popular cryptocurrency exchanges.So i guess there is no complete insurance with Bitcoin.

[Pamela Silvaa]

Because that IT security is a real-world issue, not just for bitcoin but within any industry that uses technology. 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.

[billionaireSHS]

Well the answer is that, the investor may be confident with their investment simply because their company who are investing for is a company that is trusted and not a scam. So if we want to ensure that investment we need to make sure that this company is Legal and trusted.

[chel0]

I think yes.The money invested in bitcoin is safe as long as you're keeping all the important informations related on bitcoin wallet like your private key is safe and secure.Avoid exposing it online or through the internet since lots of hackers are finding ways and means to hack your account.

[alex_gr_cc]

A lot of confidential information has been stored on hard disks all over the world for a long time. To protect it, a lot of different programs and hardware devices have been invented. This is now available to everyone. I believe that you should not be afraid of hackers, but of scammers.

[curry30]

Maybe it is yes,your money is safe to invest in bitcoin if you how to protect your information and don't give any of your information like your private key in your wallet.

[Angna27]

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.

Investment or buy in bitcoin is safe, make sure you safe your utc files and password or private key. Make sure you visit a legit site to enter your private key, utc and password, before you enter those files,, just study the website, or i suggest you can use metamask ir other hardware wallet.

[Ains_sama]

Until now, I've never heard a bit-breaked bitcoin wallet unless they put a private key in public, but I hear a lot of hacker breaking into the market. so the main security bitcoin is in the private bitcoin wallet (hardware wallet) next to the bitcoin owner. if it stores bitcoin on exchange. it has no security guarantees.

[arifin eky]

but if you are worried then you need to install 2FA code on your device, the key if we have an asset on bitcoin should not be sold at a low price then your assets will not be lost, only reduced.

[PAES23]

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.

When you invest in something there's always a risk, so it is important to protect your information, especially private key, don't give it to anyone. There's also a hard wallet it is more secured because of the fact that it is offline, so hackers will have to get your hard wallet first before they can hack it.

[KID_28]

If you are a newbie in terms of crypto, you must search for an exchange with high level security, at the same time you have to apply all the possible authentication and notification available for you to protect your account. Hackers are everywhene, beware of them.

[Grimjhow]

of course with the money you invest in bitcoin really safe and profitable, by the way you are careful in trading I think your money will be safe and a lot of profit.

[icecream sandwich]

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 no secure money at all in bitcoins because they are volatile your money is secured by someone else or a hacker but with the volatility of the coin they are not secured ones you are holding a bitcoins when the bitcoins fall your holding will also decreases and you cannot do anything to avoid that because that is globally occuring. So if you wanted to have a bitcoin investment make sure you have the guts and you are willing to lose that money you invest there because they can lose but they can also be doubled.

[jagaban]

They secured their money by taking extra measures like keeping their passwords and pass phrases very safely (offline). They used authentication like 2FA and SMS. The most important way to safeguard your coins is using a ledger or trezor wallet (offline wallets)

[HBUS]

No investment will give you a one hundred percent guarantee of the safety of your money, whether it's a cryptocurrency or something else. Investing is always a risk of losing money or making good money.

[emezh10]

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.

No matter how secure bitcoin technology is, cyber theft are so clever that whenever you lower your guard, they are going to attack you on all angles, so, the best way to secure your bitcoin is maintaining your awareness and always have precautionary measures in terms of password and personal data related to your bitcoin wallet. Avoid browsing fictitious websites and links. Protect your wealth at all cost.

[Redhead5]

They secured their money by taking extra measures like keeping their passwords and pass phrases very safely (offline). They used authentication like 2FA and SMS. The most important way to safeguard your coins is using a ledger or trezor wallet (offline wallets)

Each of us has a different ways in securing our money when investing bitcoin. For my own opinion I like to used cold wallet or hardware wallet to secure my bitcoin investment which is for me a safer place to secure my investment portfolio. I put some preventive measures like putting password that is treated more confidential and only me who will know it. And each transaction that I will be doing will be done only in my personal PC and nobody can use it except me.

[Indai24]

They secured their money by taking extra measures like keeping their passwords and pass phrases very safely (offline). They used authentication like 2FA and SMS. The most important way to safeguard your coins is using a ledger or trezor wallet (offline wallets)

Each of us has a different ways in securing our money when investing bitcoin. For my own opinion I like to used cold wallet or hardware wallet to secure my bitcoin investment which is for me a safer place to secure my investment portfolio. I put some preventive measures like putting password that is treated more confidential and only me who will know it. And each transaction that I will be doing will be done only in my personal PC and nobody can use it except me.

Exactly. We as an investor are the ones in charge for the safety of our money. So long as we are very keen enough and must also follow safety methods as to how to keep our accounts safe so I guess there's no room for hackers then.