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Topic: Can we make sure that our money we invest in Bitcoin is safe? - page 22. (Read 4187 times)

newbie
Activity: 123
Merit: 0
I think that yes, if you have studied the crypto currency and bitcoin well, you should know that everything is very thoroughly worked out there and you can not deceive the essence of the crypto currency, but give an opportunity to earn it)
member
Activity: 196
Merit: 10
Maybe they use a second password to strengthen their money because I think the second password is helpful to prevent hacking their money so if you want to secure your money may be the second best password in my opinion
legendary
Activity: 1904
Merit: 1000
I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.

For the security issues of the ignorant hand act out there, there are several methods that can be used. And the safest thing at the moment, in my opinion, is to store our bitcoin in the hardware wallet. It depends on us how to secure our bitcoin but frankly there are many other methods that we can use.
member
Activity: 392
Merit: 12
When you start trading, don't keep your money on exchanges, always have them on wallet. For better safety, you can use hardware wallet, which is quite safe.
newbie
Activity: 101
Merit: 0
 Using bitcoin wallet is one of the ways that you can do to ensure that your bitcoin is safe. simple keeping your code with you is keeping your Bitcoin safe.
hero member
Activity: 2590
Merit: 644
It is possible if you will have an offline wallet or if you don't have an offline wallet then you can just make sure that you have high secured password on your online wallet and you keep the back up passphrase to a safe place so if something gone wrong on your account like you forgot the password then you have the back up to restore it.
member
Activity: 106
Merit: 10
I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
I think they make sure that the investment that they choose is reliable and credible to make profit with their money. You won't just have to put your money in an investment without checking it whether it is reliable or not but you need to make sure that it will make profit with your money.
sr. member
Activity: 854
Merit: 251
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It is our job as an investor or holder to keep our Bitcoin safe we must choose carefully on where to put it,
For me the best way to secure your CryptoCurrencies is by putting it in a hard ware wallet so that no hackers could access your wallet,
Unlike any online wallet hard ware wallets need to be connected in the computer in order to open the wallet and they would need the passcode to access it.
newbie
Activity: 112
Merit: 0
Bitcoin blockchain is safe for transaction but the holders of bitcoin are solely responsible for their safety of their coins. If they compromise their wallet by letting lose of their private keys ,or getting to a phishing site, then no one can be blamed.
newbie
Activity: 56
Merit: 0
Investing in cryptocurrencies not only in bitcoin is risky.many hacker are waiting to get a chance to stole our investment.so as like everyone say invest at your own risk, invest what you can afford to loose.
jr. member
Activity: 252
Merit: 3
am sure bitcoin is safe to store and keep your money fou you no matter what people may say it is risky to invest in bitcoin wich i don't find convincing .the part were one fall into the hand\s of this hackers i think that is our fault. i don't really know much bt i know a hacker can only have access to your money when he/she get access to your private key. so for me i think is best you save your private key off were it can be hacked
full member
Activity: 798
Merit: 121
investing in bitcoin is a totaly save, but first you must know about investing on whatever are is still totaly have a risk
so i don't know what you mean a save is ?
because any investment have a high risk but have a high return
Before you start to invest in any kind of business you must know first the risk,  especially in bitcoin cause the risk of bitcoin is the unstable of the price value. Even have risk in investing in bitcoin your investment are fully safe and secure.
newbie
Activity: 138
Merit: 0
I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
It's simple, for this there are cold wallets, people also store information on laptops that do not have Internet access.
sr. member
Activity: 518
Merit: 250
I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
this is a good question. many people think about it. when people already have a lot of wealth, (bitcoin one of them) will definitely think about the security. hardware wallet is one of the best. for the anticipation of the hackers. always control every website opening and more important thing is keep the key safely (maybe private book).
jr. member
Activity: 148
Merit: 4
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Not at all,so my advice to you is make a research and keep learning,and must know what crypto is all about,if you know this things already you can now earn big,but make sure that the token that you choose has a chance to gain.
member
Activity: 224
Merit: 10
diceroll.xyz
yes your money is safe but you should keep the wallet secure in which you keept you bitcoin
jr. member
Activity: 84
Merit: 2
I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
For me its safe. But, if we have no reference in investing we should possible take the risks. I'am talking about wrong decision, if you buy in high then sell it on low do you think that your investment will be safe? Before we decide we should take research first to avoid some losses.
newbie
Activity: 272
Merit: 0
Are we safe in this world itself as humans?  I believe strongly that no matter the level of security, the crypto world is still prone to cyber attack. Hackers are coming up everyday with different methods and if big companies that spend a fortune on their data could still be hacked, the crypto market is not free... And that is my own calculations. And how can we be on a safer side?  Invest with the amount you know you can cope with if it turns otherwise
newbie
Activity: 14
Merit: 0
Yeah, you can protect yourself from hackers. Bitcoin forces one to become responsible for the security of your money and it's a huge advantage if you know what you are doing. If you have a lot of money in cryptocurrencies then you should consider buying a separate laptop which wouldn't have access to the Internet. You can store your private keys on that computer which would force you to sign transactions on it. It's the most secure option right now. Hardware wallets are great, they are really convenient and easy to use, but there are still some bugs in them which are very dangerous.
member
Activity: 364
Merit: 10
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Hackers are very clever with their moves and for security precautions do not open any links sent to email by random people we do not know because it's one of the hacker's moves to get into personal details and access our personal information online. Our investment security always depends on how careful we are with our property
I advise buying a cryptocurrency hardware wallet, for example, Ledger Nano S (https://www.ledgerwallet.com/products/ledger-nano-s) This is the most reliable solution to date. And it costs only 79.00 €
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