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Author Topic: Can we make sure that our money we invest in Bitcoin is safe?  (Read 4161 times)
crossabdd
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July 04, 2018, 04:59:42 PM
 #1021

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 security of bitcoin is in itself. because your storage affects security. do not store bitcoin investments in market wallets. use cold wallet or hardware wallet. and save the private key securely. I think the hackers only have 1% to hack the bitcoin wallet without the private key. unless it is a crypto currency market.
jayanath123
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July 04, 2018, 05:06:06 PM
 #1022

Anyway digital currency is digital world. most of developing use for Bitcoin is safe for transactions. the people utilization on BTC, its normally money invest safety.
Jannatul Shefa
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July 04, 2018, 06:51:07 PM
 #1023

I think bitcoin is one of the safest place to invest our money. It's transactions is safe. But you have to be very careful about your bitcoin wallet.

Tomahawk One Two
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July 04, 2018, 07:06:29 PM
 #1024

Bitcoin forces you to take responsibility for the security of your own money. because there is no effective protection against your bitcoin investment. one of the ways to keep our money safe when investing bitcoin is to keep the password in bitcoin wallet address correctly and correctly and make sure no one else knows password besides us,
Already a long time ago they came up with a reliable way to store their bitcoins. These are hardware wallets. They are reliable and allow you not to worry about the safety of your coins.
llyfee4u
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July 04, 2018, 07:16:47 PM
 #1025

The short answer to your question is No.   Investments naturally come with risks because there are so many factors which can affect the performance of markets.  Even more so wen it comes to crypto due to volatility which means that one can't ever be sure of what might happen which could trigger a big sell off or crash in value.  As i'm sure as been said many times, its best to DYOR and decide for yourself whether the risk is manageable for you.
Sammy198943
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July 04, 2018, 07:18:27 PM
 #1026

I can be certain of that.
mariamiltoft
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July 04, 2018, 09:52:54 PM
 #1027

First, secure your passwords and especially your private key. The hacker can't access your account if you secure that all. And where you invest the team also secure your private information for the safety of their investments.
Gyugita
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July 04, 2018, 10:17:22 PM
 #1028

Investing in bitcoins is very dangerous. Must be good at storing assets and should not be careless.
Whether in the forum login forum or open the internet site, because it is very easy for hackers to break into our wallet account if we are not careful.
Investing in bitcoins is profitable and safe if we take care in keeping our own assets ..
BryanRoseWalker
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July 05, 2018, 03:24:31 AM
 #1029

I think Btc is safe but we all know that we can not avoid hackers. keep bitcoins safe in our wallets, we can ensure the security of our investments based on what we know and what we need to do so that we can produce in the future.
But no one knows what will happen in the future. This can be replaced with others, though this is not very likely
kyle999
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July 05, 2018, 03:32:47 AM
 #1030


Bitcoin is safe in the industry and many people have been working
 who knows how much bitcoin is used in this way, they've spent all their money on bitcoin
 so scam bitcoin to other people depends on it in choosing their wallet most of wallets is fake.
Pettuh4
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July 05, 2018, 04:10:11 AM
 #1031


Bitcoin is safe in the industry and many people have been working
 who knows how much bitcoin is used in this way, they've spent all their money on bitcoin
 so scam bitcoin to other people depends on it in choosing their wallet most of wallets is fake.

Better know that your money is not safe in any descentralized system like cryptocurrencies because it lacks central control and so you can loose all the value of your tokens any time that is why it is better to scrutinize the viability of the tokens first before you invest else you will be risking everything.
chrismartin
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July 05, 2018, 04:19:09 AM
 #1032

When you are talking about the safety of the wallet of bitcoin mate, it is very safe to store bitcoin but make sure store you keys to safe place or in a offline. And when talking about safety to invest, we cannot assure that because prices are always volatile and must take a risk
trongtrong
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July 05, 2018, 04:20:24 AM
 #1033

I can ask you ?
Carrelmae10
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July 05, 2018, 04:29:11 AM
 #1034

..the safety of your money will depend upon on how you will going to secure it..I think that Bitcoin is safe and secure..you need not to worry on your bitcoins as long as you did not share your private key to anyone..for you are the only one responsible and liable on your bitcoin account..

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Vineeta2oct
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July 05, 2018, 04:42:17 AM
 #1035

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 need to do some research on how to keep your holding safe before buying it. There are many options to keep your bitcoin/crypto safe. There are paper wallets, desktop wallets, web wallet and some very good Hardware wallets. Do not share your private keys with anybody and keep them safe. Try not to have your keys on the PC/laptop which stays connected to the network all the time.
Promitestake
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July 05, 2018, 04:57:02 AM
 #1036

I suppose the actual question right here is, is any cash you put anywhere "safe"? The USD is best valuable because of the religion that everyone places in it. The equal with stocks, bonds, gold, and soybeans. tomorrow every body ought to decide that all all-soy food plan will alternate their existence and lead them to shed pounds and soybeans ought to become turning into very precious due to the fact humans believe other human beings will buy those soybeans in the future. you have to keep in mind the bitcoin is deflationary and a hard and fast supply and bucks aren't constant. it's also possible to hedge your bitcoin bets with futures contracts or by shorting on the right instances, placing forestall-losses, and so on.
anon.ph011
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July 05, 2018, 04:57:53 AM
 #1037

yes you can assure that keep your password or any key in private and dont expose it to others.
MiguelCryptoss
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July 05, 2018, 05:03:48 AM
 #1038

Though i will start by saying this, that you can stay away from hackers when you keep your private key offline and this make your money in the wallet save and sound. The money invested on Bitcoin is not guarantee for one to say it's save due to many factors that are fighting the price on daily basis, so your investment in Bitcoin might not be safe all the time.
raidarksword
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July 05, 2018, 05:05:05 AM
 #1039

Absolutely not! Investing on bitcoin is risk taking, it won't guarantee if you will make profit or much worse you could lose all your money by the time bitcoin price's fluctuates from time to time. Just be ready what could happened in the future, just invest what you can afford to lose.

Harpawan
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July 05, 2018, 05:09:45 AM
 #1040

I think bitcoin is one of the safest places to invest our money. It's a secure transaction. But you have to be very careful about your bitcoin wallet.
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