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Topic: Can we make sure that our money we invest in Bitcoin is safe? - page 41. (Read 4219 times)

full member
Activity: 840
Merit: 105
★Bitvest.io★ Play Plinko or Invest!
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.
Well I think bitcoin is pretty much secured but it is also your responsibility to secure your online wallet account not just bitcoin organization itself take care of your currency. As far as I know bitcoin is pretty much secured and not easily raided by hackers. Well bitcoin is the leading currency it must have strong security to them.
newbie
Activity: 275
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.

Keep your private key completely safe, your bitcoin will be safe. But for the risk of bitcoin will still exist, because bitcoin has an unstable value.
newbie
Activity: 54
Merit: 0
If you’re wondering whether bitcoin is a safe investment, the short answer is no. That’s not necessarily a knock on bitcoin: All investments bring some risk of losing money. I say one more time that: NO investment is Safe.
newbie
Activity: 126
Merit: 0
In the crypto currency you can not be 100% sure, there are a lot of risks, that's why everyone takes the responsibility to lose everything
full member
Activity: 1414
Merit: 228
Omicron is another FUD
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.
do not expect any safe in cyberspace, there are some ICO projects that have been hit by hackers, some are returning their investors money, some have announced they will repeat their project, and some are running away...essentially choose projects that are handled by professional people to keep your funds safe and profitable.
and to keep your Bitcoin invested safe, I recommend using hardware wallet like Trezor or save it on your trusty wallet exchange.
member
Activity: 266
Merit: 10
Everything has risk.. No one can guarantee you 100 % that you will receive your invested money back or get more profit. There is no secure place in the world when it comes to money aspect. Bitcoin network is secure itself so you have to keep your private key securely and never use coinbase, xapo like centralized bitcoin wallet.
member
Activity: 294
Merit: 10
yes of course, which i know is safe because bitcoin has hardware wallet you can trust 2FA system if you save your Bitcoin in online wallet. investing in bitcoin is a total savings and also good for the future.  Grin
full member
Activity: 434
Merit: 100
To avoid losing money the first thing that needed to be done before anyone walks down cryptocurrency part is to learn how to safeguard your money. This is the most important step and whats the need of having so much bitcoin and then lose to hackers tomorrow. Know the difference between public key and private key and know how to store them. cold wallet are best used to store huge amounts and have your private keys stored offline on a different device nd even write them down.
 
member
Activity: 140
Merit: 10
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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 much safer and much secured than fiat money, the thing is the company that where you will invest if there are true or a fake one. So if I were on you, you must be picky on where you will invest your money.
sr. member
Activity: 994
Merit: 251
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if my own opinion is very safe for our money invested in bitcoin. and that also depends on where we run, because with our carelessness the money in the bitcoin may be lost
sr. member
Activity: 1358
Merit: 261
Welcome to the web, hackers are everywher and they'll do everything to get that from you, my best advice is probably buy yourself a hardware wallet, buy Trezor or buy your preferred hardware wallet, it is the most probably secured way to keep your bitcoins safe, also make sure you make a unique password for it.
copper member
Activity: 224
Merit: 3
Even in traditional banks, there is much staff within the system that steals peoples monies though they get caught most of the time. I think its key for one to be armed with information on the facts around bitcoin, though this may not completely safeguard in extreme cases. These things are at the end of the day war of logic and as difficult as they seem to crack some just manage to somehow.
sr. member
Activity: 1246
Merit: 285
There's no guarantee to keep your cryptocurriencies secure. This is digital age and there's always danger that makes you lose your assets. Most reliable solution is offline wallets. But even they doesn't give you hundred percent safety. Another key is "do not keep your private key in online resources". Paper wallets cannot be hacked but there's risk to lose it.
So we must prepare a preventive action to safeguard the assets we have. My advice, do not use wallet exchange to store your important assets, because it would be very dangerous if the exchange is hacked, then your assets may be lost. So the safest way is to use a special wallet that is separate from the exchange, or use wallet hardware, I think it's most effective. Oh yes, use a pretty complicated password, avoid using birthdate for your password.
sr. member
Activity: 523
Merit: 285
There's no guarantee to keep your cryptocurriencies secure. This is digital age and there's always danger that makes you lose your assets. Most reliable solution is offline wallets. But even they doesn't give you hundred percent safety. Another key is "do not keep your private key in online resources". Paper wallets cannot be hacked but there's risk to lose it.
full member
Activity: 378
Merit: 100
I think nobody guarantees our money to be safe with bitcoin, but if you've seen bitcoin vision and mission, only our beliefs that will answer bitcoin are good future prrospects.
I really believe that our money we invested in bitcoin will became safe, because i trust bitcoin really well and i know that  investing our money with bitcoin can really result a big amount of money and many people became rich with bitcoin so i know my money will be safe in bitcoin.
newbie
Activity: 28
Merit: 0
No one can be 100% sure here. Even if you have a thorough analysis, the accuracy is only 90%. However, you can find a reasonable starting point and ending point for profit.
Yes no one is certain in bitcoin that our investment is safe. Just make sure that we invest on our willing money to invest only. Even their is hackers keep safe your btc in a wallet that is secured.

Unfortunately there is tons of misinformation and manipulation regarding Bitcoin's price and cryptocurrency in general. In order to understand why BTC might go up or down you must first understand how the fiat markets work.
legendary
Activity: 1386
Merit: 1001
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 need to choose carefully the wallet you are going to use before investing in Bitcoin dude. Of course, if you choose using the online or exchange wallets then the possibility of losing your bitcoins anytime is very high. You need using a wallet which you own its private keys, and always the hardware wallets are the best choice.
sr. member
Activity: 649
Merit: 250
No one can be 100% sure here. Even if you have a thorough analysis, the accuracy is only 90%. However, you can find a reasonable starting point and ending point for profit.
Yes no one is certain in bitcoin that our investment is safe. Just make sure that we invest on our willing money to invest only. Even their is hackers keep safe your btc in a wallet that is secured.
member
Activity: 140
Merit: 11
Of course, any password could be brute-forced. Bitcoin private key isn't an exception. It's just a matter of time when such sufficient computation power emerges. However, the more reliable one protect one's saving, the longer they have not been stolen.
member
Activity: 252
Merit: 71
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.
No matter how secure bitcoin technology is, cyber theft are so clever that whenever you lower your guard, they are going to attack you on all angles, so, the best way to secure your bitcoin is maintaining your awareness and always have precautionary measures in terms of password and personal data related to your bitcoin wallet. Avoid browsing fictitious websites and links. Protect your wealth at all cost.

I think bitcoins are almost hack-proofs because they have this intricate security system that makes it difficult to hack coins. One thing about this system is the addresses of the coins are very unique and complicated. Guessing numbers and letters is just as possible as you think. Number two, the wallet is the one to blame. Different wallets provide different levels of security finding a good and reliable is one key to hacker-free investment.
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