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Author Topic: Cryptocurrencies, is it save?  (Read 351 times)
Ally Loke (OP)
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August 07, 2018, 04:13:11 AM
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There is so much fear being generated about cryptocurrency, is it safe?
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August 07, 2018, 04:29:06 AM
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It is more or less safe. In fact, you couldn’t say that it is any less safe than credit cards or traditional forms of money.
Cryptocurrency developers are constantly making security improvements to their blockchains, same way as banks have improved their security systems over the decades, so will blockchains.

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August 07, 2018, 05:12:52 AM
 #3

There is so much fear being generated about cryptocurrency, is it safe?
Yes it is, never try to follow those weak hands are being scared caused by FUD. Bitcoin just get a little correction and it makes sense for me because you have seen that has been growing a lot from 5k rate.
Just the matter of time until it will be back again in the future and i guess that will be more than $8500 in the next month before ETF announcement.

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August 07, 2018, 05:24:49 AM
 #4

There is so much fear being generated about cryptocurrency, is it safe?

Cryptocurrency is save but how you protect your asset and leave greedy far a way is another story. This financial instrument is similar like commodities, in here you can grow up capital and increase your skill about future payment model. Do some research to find the true information about crypto and learn make money into it. Remember, the risk always become part of it. 

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August 07, 2018, 06:14:03 AM
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There is so much fear being generated about cryptocurrency, is it safe?
Not all because there are scam coin too, Invest on coin/token listed on https://coinmarketcap.com/ atleast top 15/10, no matter what happen I think those coin will surely recover. And be updated on latest news on the cryptocurrency you are going to invest.
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August 07, 2018, 06:29:00 AM
 #6

Hey bruh, it is safe just like before. Nothing has changed since last year. People are stepping out because of fear. The way prices are behaving at the market is scaring them. But that shouldn't be the case for you if you understand cryptos.
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August 07, 2018, 06:34:23 AM
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Investing in cryptocurrency is associated with a very high risk, as the price is extremely volatile. There is also a risk of encountering scammers or hackers. But, despite the risk, cryptocurrency can bring huge profits.

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August 07, 2018, 06:41:24 AM
 #8

it absolutely safe if you create your good security to protect your account, because hackers was much more smarter than us actually and also no one will take responsible if your assets gone.
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August 07, 2018, 06:42:08 AM
 #9

BTC crashed from $1200 to $300 few years ago. so think how those guys felt at that moment. surely lot of people may sold it arounf $300 those days. then BTC peaked at $19000 in 2017. so same thing can be happen in future too. blockchain tech is changing the world. surely it will be massive.

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August 07, 2018, 06:43:11 AM
 #10

There is so much fear being generated about cryptocurrency, is it safe?

It's safe if we can store it and manage it properly. Never be afraid of losing because the market cycle continues, and all of this depends on us, it must be smart, there is no need to give up only faith and patience that can survive and save crypto safely and well.

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August 07, 2018, 06:50:57 AM
 #11

There is so much fear being generated about cryptocurrency, is it safe?
Cryptocurrency world is risky, there are many scam projects, hacked exchange cases, etc, but you can protect yourself if you have the knowledge to overcome all risks

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August 07, 2018, 06:57:34 AM
 #12

There is so much fear being generated about cryptocurrency, is it safe?

Frankly speaking, no where is 100% safe keeping your money. Even going to the banks to keep your or investing outside cryptocurrency cannot guarantee the safety of your money.
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August 07, 2018, 08:48:33 AM
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yes of course cryptocurrency is very safe with cryptocurrency payments can be safer and can provide benefits and can grow assets that you have when you buy and sell and take advantage of rising and falling prices.

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August 07, 2018, 08:53:34 AM
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I think cryptocurrency is safe enough as a place to put your money, I do not advise you to put all your money in crypto too, I advise you to invest in crypto as your future savings, you can still save your money in banks, credit cards and property investment, make crypto a choice and learn crypto well.
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August 07, 2018, 08:57:06 AM
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These financial instruments are similar to commodities, here you can grow capital and improve your skills about future payment models. Do research to find the right information about crypto and learn to make money into it.
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August 07, 2018, 09:01:45 AM
 #16

All there are risks in investing, including cryptocurrency. Because it has a very volatile movement in the market. So it's not safe to invest in cryptocurrency, consider the existence of a high risk before investing in crypto.
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August 07, 2018, 10:35:58 AM
 #17

Look for information and learn. cryptocurrency is a new opportunity to get fiat money. there will always be shortcomings but if you have learned we will be able to minimize risk
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August 23, 2018, 12:09:53 AM
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People should not let their mind be troubled,they should believe that what ever might be happen to cryptocurrencies now,it will never be the end of it. Human being been what they are, have her own peculiar problem still they may survive it talkless of crypto, it will survive the wind that encompasses it. Surely it  will definately rise again.
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August 23, 2018, 12:22:11 AM
 #19

There is a lot of fear about cryptocurrency because there are those who make big money in this market due to FUD. The risk is present in every market but it is difficult to prevent FUD even in traditional markets.
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August 27, 2018, 11:05:43 AM
 #20

There is so much fear being generated about cryptocurrency, is it safe?
It is safe according to me,as every party has the copy of the transactions that's happening and hacking of the data is almost impossible.
Hostgames,an interesting project on casino gaming,also uses various cryptocurrencies such as eth,btc,litecoin,ncash to mention a few.
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