How safe is Bitcoin? ✅

[Luana Trade]

security always has is equal to the credit card of any flag is s'ter careful with the password and ready to be happy but anyway keep cold also great option in device that you do not use and leave it offline

[Phan Long]

Yes, I agree, there is absolutely nothing absolutely safe. Especially for digital money. What we need to do to avoid hackers is to keep their wallets safe by using a hardware wallet or a paper wallet. Be careful when trading on strange websites, using antivirus software, do not use wallets on strange machines. Their loss of money is due to their carelessness only.

[esteam0115]

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?

It really depends on who has invested in it. Bitcoin is safe as long as you know what it really is. You must need to know all about bitcoin so that you can know how to keep your bitcoin secure. You must keep your bitcoin passwords safe and do not provide passwords to anyone and Also into any unreliable site

[mcmchdlg03]

It depends to the bitcoin holder, on how they secure and ensure their bitcoin to the hackers and also I suggest that they use hardware wallet.

[victoryana]

We should keep the bitcoin safe so the new bitcoin tells us the profit when we keep the bitcoin safe then the result will be from the bitcoin, you should store the bitcoin in the myteherwallet and store the secure password

[cryptolet]

I think safety in bitcoin all depends on how the owner of the bitcoin uses and store his or her  private keys only in this way that risk is reduced.

[pro army]

It's hard to put words into words, but if you invest in them you will find the benefits of the BTC more secure than any other coin, and they can also be profitable for you.

[Cecekcitata]

I think bitcoin is a great digital currency, its use is only private keys and using the blockchain system

[Sircoss]

We can say that bitcoin is much safer than bank investing, and bank deposit, but you will only have one bitcoin if you will invest in one Bitcoin, it's not guaranteed that the selling price will be the same.

[BeeRoach]

Bitcoin is quite safe, what people are doing with their private keys is unsafe though. Until your priv key is kept in a safe place everything will be fine. Keep it written on at least 2 pieces of paper that are hidden very good. Never share your priv key to anyone or even don't keep it on your pc.

[stonefire]

We all know that digital currency, is prone to fraud or hackers, if you engage in this, like in bitcoin you should think the possible risk so that you double your safety like in your codes of your wallet where bitcoins stored.

[wairawein]

There are many ways to protect Bitcoin, but the best way is to store it in a hard wallet, which will need a key to protect it, that's the best way.

[mimiko]

In my own opinion, I think that bitcoin (BTC ) is safe and secure to invest in. It is well known for its safety. We shouldn't be really worried about these things because it is indeed the most secure digital currency.. the biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins

[treetoneman]

Keep your bitcoins on a computer that won't be connected to internet or on a ledger.

[agimat]

As long as your private keys are safe your bitcoin is safe. Because it is merely impossible to breach into another's wallet without knowing private keys. So keep your private keys safe. Best use offline wallet to ensure security. 

Its up to us on how we handle our wallet and or private keys where bitcoins deposited its our look on how we take good care of our account for to be scam.

[KayceeMae]

It depends what you mean by "secure", but no, not really.

When you have money in your paypal account you are trusting paypal to let you have access to it. They can (and often do) decide to freeze your account at any time if they don't like the kinds of things you use your account for. That's not what I would call "secure".

With Bitcoin, if you hold your own private keys, you are in control of your own money. Nobody can freeze your "account". But you are responsible for your own security.

[Bosx1ne]

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?

Your bitcoins are safe if you have knowledge to protect your money from many hackers in the cryptocurrency market. Improving your knowledge and skills are really the best way to secure your money.

[amwer]

You have nothing to loose as long as you don't leave your BTC in the same wallet you are exporting the private keys from. It's only free money...

[rawr1620]

I would say its farely safe considering. The wallets that contain bitcoin as its own private key and pass phrase which is hard to hack into.

[orarider]

Every bitcoin transaction can be done and completed without any personal information. Transaction information is still kept, but your identity is kept private. This is one of the outstanding advantages that you get when investing in the field of virtual money. The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.