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Author Topic: Can we make sure that our money we invest in Bitcoin is safe?  (Read 4164 times)
RamseyJoyce
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July 01, 2018, 02:20:06 PM
 #901

It's not sure that investing in 100% bitcoin is safe, it depends on your choice anymore. you need to be careful before investing in bitcoin. Investing is always a risk that no investment is safe
dodongrrr
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July 01, 2018, 02:36:48 PM
 #902

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 we can not really sure that the money we invested in bitcoin is safe because bitcoin is really depends on the market and once the market is falling we can expect also dropping of our bitcoin investment.
regnidorhcs
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July 01, 2018, 02:44:36 PM
 #903

One of the things that you should know and have before investing your hard earned money in to Bitcoin is how are you going to secure the safety of your investment. It is part of your responsibility to know and have that, Bitcoin is a decentralized platform so you should be responsible enough to take charge on things like that. There are different kinds of wallets, paper wallets, hardware, desktop or offline, take your pick, take the best that you think would give you peace of mind about the security of your investment.

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Snakerist
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July 01, 2018, 03:01:04 PM
 #904

Yes, there are many scammers and hackers in crypto world but if you don't enter your private key in suspicious sites you will be in safety. The best way is hardware wallet.

wow.magic
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July 01, 2018, 03:01:19 PM
 #905

Before investing your money in any product first, you need to learn how to safeguard those investments. Similarly, there are many options for you to keep your coins safely so you need search this forum and learn.

You can store your coins in a paper wallet or hardware wallet or in a desktop wallet and protect your PC from licensed version antivirus software. Finally keep your seeds and private keys safely.
We cant say that our money is safe, its because investing in bitcoin is a risk. You must not share some private information about yourself. Make sure that i you're going to invest on something , you do a background check.
warkop121
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July 01, 2018, 03:05:53 PM
 #906

Yes, you can protect yourself from hackers. Bitcoin forces you to take responsibility for the security of your money and this is a great advantage if you know what you are doing. If you have a lot of money in crypto then you should consider buying a separate laptop that will not have access to the Internet. If you do this, then you are fine with your bitcoin. Another tip is that if you have a lot of bitcoins, you can divide them into multiple accounts so that if you get hacked, you still have some of your bitcoins. Transactions are also the main root of hacking so avoid too many transactions, the hacker is so sophisticated at the moment and can track it so be careful
rfj
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July 01, 2018, 03:13:36 PM
 #907

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 you can still secure your investment in bitcoin even though hackers are everywhere. You just need to protect your private key and private information,  don't ever put it in any suspicious sites.

saffira
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July 01, 2018, 03:16:51 PM
 #908

It is always the reason of not safety, hackers are everywhere. There are different ways to be secured. It depends on you, on how careful you are. Be diligent in choosing where to invest. Make sure not to be a victim of phishing sites.
ndcm
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July 01, 2018, 04:34:49 PM
 #909

Yes there are lots of hacker but it is till possible to make your bitcoin investment in safe and secured place. You don't need to share your private key and personal information.

Oliveir
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July 01, 2018, 04:42:05 PM
 #910

In my opinion it is impossible to guarantee a hundered percent of safeness when investing wit the bitcoin. It is a risk that need to be overcome that you need to entrust your noney without insurance.

Yes you are right security on cryptocurrency is not 100% guaranteed because one simple wrong click on using your mouse is you may lose everything you have for this past years because of phishing site, but being attentive and careful enough every now and then would lessen the risk.
muddy waters
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July 01, 2018, 04:59:00 PM
 #911

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.
The best way of securing your crypto is hardware wallet and several backups of your private keys.
Also, many people use virtual machines for operations with cryptocurrencies only - that allows to prevent stealing data from your main computer.

snowyy
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July 01, 2018, 05:12:20 PM
 #912

Hackers are everywhere that makes bitcoin unsecured but apparently you can upgrade your security by keeping the private key and not sharing anything.
cryptoasis
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July 01, 2018, 05:16:30 PM
 #913

If you thought of throw in money and never check in BTC might be safest among other traditional methods.  There is no 100% safe guarantee in anything but you can say it is more safe than others. 
Hassan02
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July 01, 2018, 05:20:25 PM
 #914

It is always the reason of not safety, hackers are everywhere. There are different ways to be secured. It depends on you, on how careful you are. Be diligent in choosing where to invest. Make sure not to be a victim of phishing sites.
Number one is the phishing sites many of this are been victim for so not to make a trust on where you can actually make to be danger for like gor what others happen for.
Etanllah
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July 01, 2018, 05:25:50 PM
 #915

You need to secure yourself bitcoin, download wallet , not use online exchanges and store your private key in some dark place without internet , then you are safe.
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July 01, 2018, 05:27:57 PM
 #916

you money is never save in crypto. loads of hackers and if you wallet gets corrupt or your exchanges gets hacked you can lose it al. so make sure you always backup everything multiple times. very important.
paper wallet is the savest thing out there imo but you can't lose your paper ofc

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josephpogi
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July 01, 2018, 05:30:31 PM
 #917

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.
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.
ehiozuwa
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July 01, 2018, 05:33:16 PM
 #918

Get a hardwallet such as trezor,and never reveal your private keys to any one
GunsLair
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July 01, 2018, 08:27:31 PM
 #919

I think that many understand that they don't need to insert a secret key from their wallet on different sites. But not many understand no need to click suspicious links. Especially those who participate in many projects and to them on e-mail comes to a lot of letters with links. Here it is important not to lose your vigilance and not to click everything.
CriptoNill
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July 01, 2018, 08:34:28 PM
 #920

Where there is invest there is risk so  if   you think  in trams of business there is risk or its a matter of hacker its unsafe not in case of Bitcoin in everywhere.
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