Topic: Bitcoin saving is not safe - page 3. (Read 922 times)
Actually saving means you are keeping your money on wallet.Literally, you are investing money on bitcoin.And we all know investing is always risky.Every system has it's two sides.Bitcoin can give you good profits and also can reduce your investment.But since bitcoin hasn't disappointed us for long time that's why we keep investing on bitcoin.Because it's more profitable than any other coin.And in my side,I didn't lose a single penny for keeping bitcoin on my walket.So I don't agree that saving is actually risky or not safe.
No, Bitcoin saving is surely safe there is no issue in saving in bitcoin. you can just keep your bitcoin in your bitcoin wallet but you should need to secure your password and bitcoin wallet ID while also you need to secure your system from hackers because hacker can hack your PC and can theft your password and can out your BTC from your wallet.
There are better ways to protect your Bitcoin and keep it out of risk or from hackers,such as the offline wallet,so you can completely say Bitcoin is not safe.
The thing is not that BITCOIN is not safe its just a bit risk which every trade is actually.So i don't think there is something to think over like that.Just stay calm and be patient.
In this crypto world bitcoin is the icon off all currency.If any one want to saving his bitcoin for future,it will be the best think of his life.Because bitcoin holding is the best way to earn money .But there is a small risk.if any one lost his privet key or show in public place his privet key he will lost his crypto currency.
I think Bitcoins saving is quite risky, because compared to other forms of investment such as gold or dollars, cryptocurrency is more risky because the possibility being hacked is so high, we could be stolen bitcoin or the ability the network system attacked, you lost all bitcoin in the second. In addition,fluctuations in bitcoin price are highly impacted by the market so investment in bitcoin is unsafe solution. 
There is a chance your Bitcoin getting hacked because you are dumb enough to not set the safest security on your Bitcoin, just image your lying up you wallet in the public places, there will be a high possibility the wallet will be lost. The Bitcoin network has been proved to be secure since the invention of Bitcoin 2009. After that long, we never heard any Bitcoin network vulnerabilities that can make the BItcoin 'hacked'.
Well, you said Bitcoin is not saving, while you said the fluctuations is still high in the Bitcoin market. Isn't saving is for a long-term?. I believe because the nature of Bitcoin is has a limited supply the price will rose over time.
Bitcoin saving is perfectly safe just provide some security measures like passwords. It is better to save bitcoins when the price is lower than the usual price.
It can double or triple your money without doing anything as the price goes up; more earnings to come with bitcoin.
It can double or triple your money without doing anything as the price goes up; more earnings to come with bitcoin.
Yes, I agree with your opinion. Bitcoin savings are now quite risky because its value is not the same with other currencies. It is not stable. I think you should save a little should not invest all. it would be better for you.
Risky? yes definitely, all investments are. Risk is part of life, there is risk in anything and i mean everything that we do. That is why you have to make sure that you are equipped and ready for whatever will happen. If you believe in the bitcoin blockchain technology and your trading instincts and skills why not go for it, if it gives you possibility of a better life. Well, no guts no glory if I my say. 
Yes you are right that saving bitcoin is having a lot of risk compare to other investments but think those who had hold the bitcoin from the time when it was of less than 200$ till now,they become millionaire. So i will suggest you to save altleast few bitcoins for future.
Yeah that's worth in the end to put your money as savings or long term investment, just give it a shot to buy Bitcoin and hold it from now to the next 2 years. High Risk would always be part of crypto investment , there's no safe place as the potential to get bigger return waiting in front of you. So just put the money you can afford to lose and forget it for certain period. There is no doubt that BTC is very risky asset/currency,especially for new users who do not know some basic things.So before buying BTC every user should take some time and be well informed before taking any action.Beginner's mistakes such as downloading fake wallets,using phishing sites,exposure of private keys/seed or send BTC to wrong address are everyday occurrences.
On the other side there is always risk of losing money due to volatility in BTC price in short or in long term.But this is risk every individual must take over when investing in BTC,its future is uncertain although for most it looks promising.
From the security aspect if user take all necessary steps to secure BTC it can be almost 100% sure in this regard.Risk of price go down&losing value can not be eliminated,a person who does not want to take that risk should invest in something less risky.
On the other side there is always risk of losing money due to volatility in BTC price in short or in long term.But this is risk every individual must take over when investing in BTC,its future is uncertain although for most it looks promising.
From the security aspect if user take all necessary steps to secure BTC it can be almost 100% sure in this regard.Risk of price go down&losing value can not be eliminated,a person who does not want to take that risk should invest in something less risky.
I think that Bitcoin investment is the same to invest to gold, dollar or stock. However, the crypto currency market is a new investment trend and of course if you catch it up then the opportunity to earn a lot of money. Of course, when the market go down, saturated as stock market, then there are huge risks. Everyone known that whatever the high profitable market included high risk.
If you would like to invest in bitcoin, you must be consider and think of it carefully.
Yeah it's true, saving bitcoin isn't 100% safe. But still, we can prevent those bad things to happen.
Like for example hacking, we shouldn't let people know our password or private key easily, don't visit weird websites, don't trust people easily and such.
We also need to keep update with everything, so when something smells fishy and we think something might happen, we should exchange all our btc to money instead.
Well i think saving bitcoin is just like gambling we can gain or maybe loose in holding it because its price is really unstable but it is really depend on our own decision because if we want to make a profit we really need to overcome our fears because if we dont overcome our fear we cannot really gain a huge amount in a verry short time.Like for example hacking, we shouldn't let people know our password or private key easily, don't visit weird websites, don't trust people easily and such.
We also need to keep update with everything, so when something smells fishy and we think something might happen, we should exchange all our btc to money instead.
I think Bitcoins saving is quite risky, because compared to other forms of investment such as gold or dollars, cryptocurrency is more risky because the possibility being hacked is so high, we could be stolen bitcoin or the ability the network system attacked, you lost all bitcoin in the second. In addition,fluctuations in bitcoin price are highly impacted by the market so investment in bitcoin is unsafe solution.
There's a lot ways to secure your wallet for example is you can save your key offline and there is a lot of counter measure you can do to keep it safe, and the fluctuation is normal and sometimes the value of bitcoin can double it's value from its previous highest value so please don't spread panic or misinformation 
Yes you are right that saving bitcoin is having a lot of risk compare to other investments but think those who had hold the bitcoin from the time when it was of less than 200$ till now,they become millionaire. So i will suggest you to save altleast few bitcoins for future.
Yeah it's true, saving bitcoin isn't 100% safe. But still, we can prevent those bad things to happen.
Like for example hacking, we shouldn't let people know our password or private key easily, don't visit weird websites, don't trust people easily and such.
We also need to keep update with everything, so when something smells fishy and we think something might happen, we should exchange all our btc to money instead.
Well i think saving bitcoin is just like gambling we can gain or maybe loose in holding it because its price is really unstable but it is really depend on our own decision because if we want to make a profit we really need to overcome our fears because if we dont overcome our fear we cannot really gain a huge amount in a verry short time. Like for example hacking, we shouldn't let people know our password or private key easily, don't visit weird websites, don't trust people easily and such.
We also need to keep update with everything, so when something smells fishy and we think something might happen, we should exchange all our btc to money instead.
I think Bitcoins saving is quite risky, because compared to other forms of investment such as gold or dollars, cryptocurrency is more risky because the possibility being hacked is so high, we could be stolen bitcoin or the ability the network system attacked, you lost all bitcoin in the second. In addition,fluctuations in bitcoin price are highly impacted by the market so investment in bitcoin is unsafe solution.
I would rather invest in cryptocurrency than in gold or other precious metals. With bitcoins, I don't have to follow any regulations or I don't have to be under any kind of government. I hold my own bitcoins. Regarding the possibility of hacking, you just have to be extra careful when dealing with your bitcoins.
I think Bitcoins saving is quite risky, because compared to other forms of investment such as gold or dollars, cryptocurrency is more risky because the possibility being hacked is so high, we could be stolen bitcoin or the ability the network system attacked, you lost all bitcoin in the second. In addition,fluctuations in bitcoin price are highly impacted by the market so investment in bitcoin is unsafe solution.
If you can safely protect your wallet and computer, then I'm sure your bitcoin will be safe, bitcoin prices are unstable should investors already know that from the beginning, so if all of them are well understood, I think it will be fine and no need to worry about your investment in bitcoin. 
Your btc being hacked is near to impossible. I agree with the fluctuation of the price. Fluctuation is normal in the market it makes profits anyway for the traders.
Without price fluctuation there will be a shorted of supply of btc because everyone will hold it.
Without price fluctuation there will be a shorted of supply of btc because everyone will hold it.
No, of course not. It is not impossible... If you have all of them on a desktop wallet without having your wallet.dat encrypted, you can easily be hacked if you have a rat on your computer.
It is not impossible.. that is why a lot of people have always said that having a hardware wallet is the most secure thing that you can do.
I think Bitcoins saving is quite risky, because compared to other forms of investment such as gold or dollars, cryptocurrency is more risky because the possibility being hacked is so high, we could be stolen bitcoin or the ability the network system attacked, you lost all bitcoin in the second. In addition,fluctuations in bitcoin price are highly impacted by the market so investment in bitcoin is unsafe solution.
This proves that you don't do your own research before posting it here. I will give all my bitcoin if you can hack one of my wallet address. All you read about hacking is not the fault of bitcoin network but the negligence of trading platform and even single people who didn't research how to secure his/her wallet.
bitcoin itself can be scam for people. and it can make people think "im not believe on bitcoin"
all depend on how good you are think about bitcoin, what strategy you play here, how good you are know about crypto, and the other think that can make bitcoin safe or not
all depend on how good you are think about bitcoin, what strategy you play here, how good you are know about crypto, and the other think that can make bitcoin safe or not
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