How safe is Bitcoin? ✅

[Maame Esi Sergio]

Hmmm, I always thinks of these issues of hacking and I ask myself if people really know exactly what they are doing. Net robbery, its really bad. What people actually suffered to earn, you only use your bad mentality to steel every shit of the coin from them. But irrespective of all these hacking issues, I still believe bitcoin is safe, you as an individual just need to be careful.

[gamechangers]

Bitcoin is very safe only if you want to make it safe. It is your responsibility to ensure you are using a Cryptocurrency wallet that has reputations for security so that hackers would not have access to your coins. Hacking is the major issue with cryptocurrency.

[rlm42]

No asset in the world can be protected on 100%. By wallets the most secure is hardware. As for the safety of bitcoin and its blockchain in a whole - it is considered that it can not be hacked, at least not yet.

[Promipunit]

The best way to keep your bitcoins safe, is to use a hardware wallet and I think storing your coins offline will be better. If you store your coins in exchanges you are most likely to lose them, because exchanges receive the most cyber attacks.

[dgoswami12]

Bitcoins with many other cryptocurrency is safe , but atlast User will have to take actions . It is very safe in Hardware wallets and most unsafe in Online wallets and exchanges as exchanges and wallets are under cyber attack very frequently now a days .

[kalstarzz]

the security of bitcoin assets depends on the conscience of its users, as you said above the many fishing sites, but the site of the site has a difference that we can see jd it can still be avoided.

[Ezenwanyi1]

Bitcoin is very safe.
Bitcoin is the future.

[adadaorlina]

I think bitcoin is quite safe if we use it carefully.  You need to follow all the necessary guidelines to keep your digital currency safe. If you are able to save your Bitcoin safely then it might be safe so it's totally dependent on your capacity to store your Bitcoin. Also, you need to be knowledgeable in this kind of industry so you won't get scam or hack easily.

[Rupcrypto]

As we all know that bitcoin is a digital currency in crypto currency market. It is very much popular for its stability in giving better opportunities to get good profit earnings and  it is one of promising project to earn money through trading or buying and selling.

[riyarana1123]

It's actually depend on the investors that how they secure their own account from the hackers and also from other parties who stolen their data.Moreover the people have to keep in mind that it is their own responsibility to keep their account secure.As everyone know that the bitcoin is a digital currency and regulate with internet,so the hackers try to stolen bitcoin from the wallet of those BITCOIN holders who do not done any security of their wallet.But i never hear that the bitcoins of any investors had been stolen but the case of hacking is haired by me.  

[nabilanur]

Good, i think that the bitcoin is safe as a result of during a long amount of your time the bitcoin is several investors United Nations agency trust thereon and conjointly having that there area unit some ways to create your bitcoin safe from your billfold simply ignore those that pump up that you simply don't seem to be aware after you gap your bitcoin billfold.

[alexlee4694]

There are various different types of wallet ranging from ones you can use online, tMy bitcoin is safe as always in my online wallet.Make sure you use different passwords for different accounts. The protocol itself is very safe.

[Ridwan.P]

bitcoin is very vulnerable for now, many phishing sites or viruses are trying to break down the security of trading sites, online wallets, just to steal bitcoin. but, at least we try as much as possible. such as installing antivirus, antimalware, and metamasks.

[BTalarmus]

Bitcoin is as safe as safe computers that used to keep the wallet and to make transactions. It means that if you follow the rules, you will have safe bitcoin and if you use pirate software, visit fraudulent sites, you will have more risk to be hacked.

[dilemamis]

Talking about security and maintaining security, Bitcoin is safe as long as we know how to keep our credentials, account details, private keys and personal data safe. Our ignorance will not be an excuse if we will not ensure our Bitcoin security but in talking about how safe Bitcoin is as an investment then I can say there is no guarantee of safety because it is very risky.

[macartem]

Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.

Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.

Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.

An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer

If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.

But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.

How make you sure to safe your Bitcoins?

You need to keep all your passwords on cold wallets or on external media. I think it would be more reliable.

[Aztek]

it is also depends on the user if it is careless or slovenly about their information and security well that user need to orient about safety of bitcoin wallet, and other stuff also by the way thanks for sharing your tips.

 Bitcoin is safe and more stable among the ALT coin posted on the market. with good market structures, good fundamentals, with high level of confidence by the investors in the market. although the Market is Volatile but Bitcoin remain on the top among all ALT coin in the market.

[Bajula]

As long as you are always protecting your private keys and your entire wallet software, then there is no way that it  can not be safe at all, so it is all upto you to be honest

[Hendrahendri]

 bitcoin using decentralized data security system. The server is divided into sections. If one gets hacked another server is still working. While the data is still safe, not attacked by malware, "

[farosa]

The best way to keep your bitcoins safe, is to use a hardware wallet and I think storing your coins offline will be better. If you store your coins in exchanges you are most likely to lose them, because exchanges receive the most cyber attacks.

Certainly, hardware wallets is more reliable. Because, you save it in offline mode and it is hard to reach.
It is not a good step to keep the money at the centralized exchange. I don't even think about cyber attacks. If hackers can attack the exchange which earned the reputation of people, they can steal your coins easily. The bad thing is centralized exchanges can block your money when they want and they never give you your private key.