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Author Topic: Cryptocurrencies, is it save?  (Read 233 times)
Luxury331
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August 27, 2018, 12:34:01 PM
 #21

Well there is nothing in life that is 100 percent safe so cryptocurrency is technical and requires good understanding so in other to make it safe for yourself you have to work hard and be on your guard
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Bet9ja111
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August 27, 2018, 12:37:48 PM
 #22

Yes I do think cryptocurrency is safe but  you have to do your own study on how it works and what to do there are a whole lot to learn here in cryptocurrency so is for you to be prepared
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August 27, 2018, 12:42:18 PM
 #23

I would say that in the cryptocurrency market the safety of your assets will always depend on you as you can easily ne scammed or hacked depending on your actions amd decisions so if you would want to join this market you should learn self regulations as it would help you alot in protecting your assets.
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August 27, 2018, 12:57:35 PM
 #24

Certainly not safe as in any business must be approached with brains and don't invest big right away. Study the investment, make a plan of investment and keep track of any projects. Then all will be safe and you will get pleasure and earn money.
auroboros
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August 27, 2018, 01:39:15 PM
 #25

everything have a risk, as well as cryptocurrency that have risks from its security. my advice, Do some research to find the true information about crypto and learn make money into it. The cryptocurrency is save but how do you protect your assets and leave greedy far a way is another story.
happy weblancer
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August 27, 2018, 01:51:09 PM
 #26

Dealing with cryptocurrency is dangerous for the reason that if bad guys find out that you are doing this, they can come to you and ask you to give everything you earned and even more. Therefore, it’s necessary to practice crypto in silence. Don’t tell anyone even to friends and relatives!
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August 27, 2018, 01:56:42 PM
 #27

You cannot say that it is completly safe. In fact, any project is not safe for 100 percent. They carry both opportunities and risks. So is cryptocurrency. You can earn from cryptocurrency if you have skills. You should have knowledge before investing in it. But stay alert to scams involving it.

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August 27, 2018, 02:03:11 PM
 #28

Looking from which side to look.  If we talk about the market, then there are many dangers, and if they are relatively safe about purses!
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August 27, 2018, 02:03:31 PM
 #29

Do you refer to 'Safe' as in security wise? or 'Safe' with respect to investment?

Security wise, cyrpto technically needs a lot of encryption and security to be kept safe from intruders. The technology is shaping up to be robust and developers are trying their best to keep it safe from security threats.

Investments wise, like many new technologies, the price of cryptocurrencies is highly volatile. Investors can win, or lose, a large amount of money in a short amount of time, simply because of changes in the value of currencies like Ripple, Ethereum and bitcoin. One must always research well and anlayze before investing in any particular currency.

Good online security, background research and a healthy dose of scepticism will help make sure your cryptocurrency investment is as safe as possible, and that you don’t fall prey to any of the fraudsters taking advantage of the current boom.
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August 27, 2018, 02:06:08 PM
 #30

There is so much fear being generated about cryptocurrency, is it safe?
Bitcoin only gets a little correction and that makes sense to me because you have seen that Bitcoin is rising again, strengthen your confidence and don't try once again to follow the people who panic in holding their Bitcoin, because it's all caused by the FUD. It's only a matter of time until it will return in the future and I think it will be more than $ 8500 next month before the ETF announcement.
jonsnow29
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August 27, 2018, 02:06:27 PM
 #31

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


I think,  Cryptocurrency is safe. There are just people making some FUDs about it. Crypto is the future of our currency using right now.  It simplifies our sending amd recieving money.
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August 27, 2018, 02:06:43 PM
 #32

That's what people who are spreading rumors and FUDs trying to make you think so you sell your holding for cheap prices and then they can buy them. cryptocurrencies are absolutely safe.
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August 27, 2018, 02:12:17 PM
 #33

Cryptocurrencies are not secure, but still they are quite promising and that is why it is worth investing in them.

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thisav
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August 27, 2018, 02:48:35 PM
 #34

In general, top tier cryptocurrencies such as Bitcoin, Ethereum, Monero, Ripple are well known to be save due to its anonymity and high security features. That means no one can trace your real identity through the transaction and if you lock you coins in an hardware wallet, no one will be able to steal the coins from you. But if you forgot the key, you won't be able to recover all the coins you have.....That's might be bad for few people...
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August 27, 2018, 02:51:52 PM
 #35

what do you mean by "safe"? of course it's safe, there are scams and such things, but if you do your research then it won't affect you that much
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August 27, 2018, 02:57:19 PM
 #36

Don't be afraid of cryptocurrencies. All of that will be safe
Living alone without having to be afraid of what is happening. relaxed and calm.

Collynzo
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August 27, 2018, 03:13:11 PM
 #37

Nothing in life is absolutely guaranteed and crypto is not left out, however learning and practice is all it takes to be safe. Every business has it's safety rule, so is crypto and have to be strictly adhered to
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August 27, 2018, 03:15:24 PM
 #38

If what you are looking for as a cryptocurrency investor, then you shouldn't be here, take your fund and invest in bonds and stocks market! Cryptocurrency is new paradigm shift in invest, you are in charge and you are responsible for your investment!

Jansaa
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August 27, 2018, 03:19:32 PM
 #39

There is so much fear being generated about cryptocurrency, is it safe?
Nothing is absolutely safe, digital money also has its own risks, Consider before using and using the right purpose is the most profitable investment plan!
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August 27, 2018, 03:52:36 PM
 #40

Yeah sure I believe crypto currency is still save, the fear is because of the bear market that has been happening for a long time now, But i believe the bear market will soon be over and people will be happy one again.

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