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Topic: Can we make sure that our money we invest in Bitcoin is safe? - page 33. (Read 4217 times)

newbie
Activity: 81
Merit: 0
Crypto is a brand new monetary market. It doesn't even come close to the depth of stocks or gold around the world, but it has the potential to eclipse both.
By default anything which can give you a very high return in a very short span of time will be very risky, because risk and returns are always inversely proportional. Cryptocurrencies are a high risk high return game. So I would suggest you to invest the amount you can afford to lose.
newbie
Activity: 280
Merit: 0
we can have 2-layer in mew

even mew doesn't mean you're fully safe, but it's truth that the combination of mew and hardware wallet is as good as it gets. Don't forget to use mew offline though, just download their recent version on github.
newbie
Activity: 154
Merit: 0
The most effortless and free strategy that I am aware of is simply make a different OS for putting away your Bitcoins and don't utilize that OS for something besides sending and accepting bitcoins. The main issue this will have is that you should double boot your PC however I don't think that is excessively of an issue as this would imply that your Bitcoins are in a protected domain.
newbie
Activity: 1
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.

If you are using a reputed exchange like Binance, there are very less chances of your coins getting hacked. The top exchanges are very much careful with security.
newbie
Activity: 77
Merit: 0
There are always people, who want to invest their money and get more profit and those, who want to steal. there are no safety from hackers, because everything is developing
full member
Activity: 434
Merit: 101
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.
You could relax right now knowing that bitcoin is secure and safe to invest on. As a matter of fact, It is one of the most secure products in the entirety of the internet. Bitcoin provide suce high levels of security that it is not possible to hack and steal data and money from another person by breaking bitcoin's system. The news of bitcoin getting stolen is caused by human error.
sr. member
Activity: 476
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.

It depends on what platform you put your money in. Because if you put it into a project like icos for example they are not safe into faileds and scam of course but if you are just holding bitcoins and waiting for the pump then better have a hardware an offline storage because that is really safe because hackers cannot hacked anything offline as long as they cannot put their hands into it. So if you have a lot of bitcoins to hold better hold it offline. Rather than online wallet even if they are safe too but not as safe as the other.
newbie
Activity: 107
Merit: 0
Our money is safe in hands if bitcoin. But the problem is begin from ourselves,which means the safety purpose passwords and transaction details we keep strictly confidential. If we fail in this task then there is no use by blaming bitcoins security system.  Wink
newbie
Activity: 29
Merit: 0
It would be better to make arrangements for safeguarding your investments before even making the actual investments. You can use various protection techniques like desktop wallets, hardware wallets and paper wallets. But do not get carried away with the idea that if you use only these methods you are protected. There are some standard procedures you need to follow as the internet is full of scams and counterfeit softwares. Some steps are as follows:

1.  Use a licensed antvirus or antimalware and keep it updated.
2.  After downloading anything please check its threat status on www.virustotal.com.
3.  Make downloads only from trusted sources.
4.  Do not fall for anything that shines or gives you a promising future because we all know since our childhood that "ALL THAT GLITTERS IS NOT GOLD".
5.  Do not open any links or attachments in your emails.
sr. member
Activity: 1123
Merit: 253
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.

When you invest in Bitcoin, it is not like investing in banks. What I mean to say is that you do not give your money to them, and a certain amount of Bitcoin is assigned to you, and the platform or site or whatever it is will manage it on your behalf. It is not like that. When you invest in Bitcoin, it means the Bitcoin will be given to you. And it is only you that has the control over it. So choose the safest wallet, a hard wallet preferably, install authenticators, and keep your private information.
jr. member
Activity: 196
Merit: 2
“Revolutionising Marketing and Loyalty”
I think it's not safe, in addition to hacker attacks as well because your chances of getting a huge profit from bitcoin purchases are just like your chance of winning money from the lottery. The level of success is difficult to gauge. You must be ready to lose everything. About the possibility of hacking, we recommend using google authenticator to minimize hacker attacks.
legendary
Activity: 1372
Merit: 1008
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.

there are several ways to store bitcoins safely. first we can store bitcoin in original bitcoin wallet made bitcoin developer. then we can also save the bitcoin in the wallet of the website and the last one can be stored in the hardware wallet. and keep the key of the wallet carefully not to lose the key.
Actually the problem is not the security of the wallet, because the security wallet can be secured with various things like 2 factor autentication and choose a safe wallet, but what he means is probably safely in investment, is it safe to invest in bitcoin? I think the risk persists but for the long term I think bitcoin investment is quite safe..
newbie
Activity: 36
Merit: 0
there is nothing sure, but risk brings high return Smiley)
full member
Activity: 540
Merit: 100
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.
By having a lot of information about bitcoin, we can ensure that our money is safe. Even the bitcoin is so volatile, we can still ensure that we can grow our money because bitcoin has potential in this market.
TWW
full member
Activity: 1456
Merit: 109
actually it was not safe at all...there are many possibilities how your money gone in cryptoworld...the only thing you can do are use better antivirus and learn risks from investing in cryptocurrency...in case when you lost all of ur money and dont panic
member
Activity: 392
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.
Investing have risk as always..  Security is all up to you to keep away from hackers..  Just keep your key only to yourself never just click any links on gmail or from any other source without authenticatibg it first.. 
jr. member
Activity: 131
Merit: 1
As I know, people are securing their cryptocurrency currencies by converting the crypto currency into the official Flat currency of the country. Then save it in the bank.
member
Activity: 392
Merit: 10
It will be safe as long as you as a user can manage account and wallet well. If you are awkward about IT, there are simple steps to secure your account and your wallet, it has a lot of information about it. safe or not it depends on the individual manage it.
member
Activity: 518
Merit: 11
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.
You are right, hackers are all over the world, but you can protect your account on your own abilities, besides be wise and think before you click some unknown sites that pump when you open your account too. One thing for sure is your money is secure as long as you can do some advice here on how to protect your wallet.
member
Activity: 938
Merit: 14
Earn more with Earn Network
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.
Bitcoin is built on the Blockchain which is almost impregnable by the attacks of hackers. The security depends on the holder of the Bitcoin on a specific wallet. How safe you keep your login details presents the security level of your account. Never follow unknown links in your email as they may be leading to phishing sites.
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