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Topic: Can we make sure that our money we invest in Bitcoin is safe? - page 42. (Read 4219 times)

full member
Activity: 658
Merit: 103
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 can secure and protect your money by having a lot of knowledge. Making investment with cryptocurrencies is very complicated because of its volatility. We should only invest the money that we can afford to lose.
full member
Activity: 281
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.
Yeah, there are lots of hackers all over the world but bitcoin is not easy to hack, but your account can be hack, so just be aware on your surroundings. Another thing is that there are some scammers in the community that so be smart on where you will invest your money.
newbie
Activity: 156
Merit: 0
The bitcoin investor can ensure that his investment is in the right place because of its various useful features such as decentralized one means there is not any controlling authority over it and the bitcoin net work is highly secured,It is anonymous so the customer privacy is maintained and its all transactions are recorded in an electronic ledger with block chain technology. The introduction of the block chain technology is very useful to the entire systems which ensures the credibility of the bitcoin
newbie
Activity: 98
Merit: 0
for me make sure that you are investing is 100% legit. Hackers are now common here in forum so we should know already how are we going to avoid them.The result is a cryptocurremcy that's very secure, it's virtually impossible for people to break in and steal other's coin. The only scenario where bitcoins could be stolen is when you publicly post your credentials making it easier for hackers and thieves to break in to your account.
member
Activity: 238
Merit: 10
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.
newbie
Activity: 70
Merit: 0
Just like taking good care of your important belongings, you also nned to secure your bitcoin enrollment. You must not entrust your password to anybody else. And ensure that you won't get to login your bitcoin account using public wireless fidelity, it's prone on hacking. You can also refer to link below for more tips on ways how to secure your coins. Hope it helps.


https://www.investopedia.com/articles/forex/042715/best-ways-protect-your-bitcoins.asp
sr. member
Activity: 952
Merit: 251
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 in bitcoin is indeed safe but risky. And it is also true that there are lots of hackers especially here in bitcoin so you really have to secure your account and be observable with the things that is related to bitcoin. And of course if you want to study invest here, you have to study and learn more on digital money and cryptocurrencies.
Yes care for our bitcoin should be the first step toward our success; bitcoin is not something to be careless about. There are a lot of hacker who remain active just to get a chance and hack someone personal bitcoins, so use bitcoin wallet and don’t put your money in every website to get bitcoin just make sure the site your buying bitcoin from it not fake and then put all your bitcoin in wallet named as blockchain.
hero member
Activity: 1750
Merit: 589
Before investing your money in any product first, you need to learn how to safeguard those investments. Similarly, there are many options for you to keep your coins safely so you need search this forum and learn.

You can store your coins in a paper wallet or hardware wallet or in a desktop wallet and protect your PC from licensed version antivirus software. Finally keep your seeds and private keys safely.
That is the thing we need to learn upon having bitcoin as a form of investment. If we really want security in terms of our investment we also need to have learning process that we could used on the preparatory stage of having a startup investment and trading for us to earn. Earning is not just about waiting and holding it is also about dealing with our part in order for us to earn and for to be successful in the future.
newbie
Activity: 20
Merit: 0
No investment will give you a one hundred percent guarantee of the safety of your money, whether it's a cryptocurrency or something else. Investing is always a risk of losing money or making good money.

exactly what I mean but we can still put our money in cold wallet. I feel like this is the safest way for now
sr. member
Activity: 696
Merit: 258
We as an individual need to make sure that we keep our wallet passwords or private keys safely. I think hardware wallet is most secured one and you need to keep your passwords in hardware wallet and keep your hardware very safely. Do not store your passwords or private keys in your laptop or phone which would lead to hacking.
member
Activity: 248
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.
You are right but I think we cant assure the safetiness of our money if we dont do it safely. We are one who uses crypto and we must be obliged to do it as safe as we can.
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
One thing is sure about investments, your decision to invest must be done wholeheartedly and you must know the risks that you are facing. We cannot make sure whether our money is safe because it will take a lot of time before we can know if our money that has been invested has gain profit. We can trust Blockchain Technology having good security and wait for future notifications about the investments made.
full member
Activity: 307
Merit: 101
Safe or not, it all depends on the user respectively. If you do not give your email to web phishing or share your privacy data then I guarantee your investment fund will be completely safe. If you share the data to an unknown person and give an email to the phishing website then be prepared to lose all your investment funds.
brand new
Activity: 0
Merit: 0
how can you be safe, do you reading news? Smiley Smiley
newbie
Activity: 266
Merit: 0
Since bitcoin investment is so online, Bitcoin investment is not safe. Because of the different countries of the world there are heckers. They can find out the confidential information. As a result, you can transfer money to your investment.
member
Activity: 151
Merit: 10
I think it's definitely safe, because if we keep it right and right then the hackers can not take what we have. Before you invest your funds in bitcoin you should first read the safeguard guide. Or we can add Google Authenticator like F2A this will make all the funds we save to be more secure and protected from the hackers  Cool
member
Activity: 448
Merit: 10
They secured their money by taking extra measures like keeping their passwords and pass phrases very safely (offline). They used authentication like 2FA and SMS. The most important way to safeguard your coins is using a ledger or trezor wallet (offline wallets)

Each of us has a different ways in securing our money when investing bitcoin. For my own opinion I like to used cold wallet or hardware wallet to secure my bitcoin investment which is for me a safer place to secure my investment portfolio. I put some preventive measures like putting password that is treated more confidential and only me who will know it. And each transaction that I will be doing will be done only in my personal PC and nobody can use it except me.

Exactly. We as an investor are the ones in charge for the safety of our money. So long as we are very keen enough and must also follow safety methods as to how to keep our accounts safe so I guess there's no room for hackers then.
jr. member
Activity: 210
Merit: 1
They secured their money by taking extra measures like keeping their passwords and pass phrases very safely (offline). They used authentication like 2FA and SMS. The most important way to safeguard your coins is using a ledger or trezor wallet (offline wallets)

Each of us has a different ways in securing our money when investing bitcoin. For my own opinion I like to used cold wallet or hardware wallet to secure my bitcoin investment which is for me a safer place to secure my investment portfolio. I put some preventive measures like putting password that is treated more confidential and only me who will know it. And each transaction that I will be doing will be done only in my personal PC and nobody can use it except me.
hero member
Activity: 826
Merit: 501
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.
copper member
Activity: 196
Merit: 0
No investment will give you a one hundred percent guarantee of the safety of your money, whether it's a cryptocurrency or something else. Investing is always a risk of losing money or making good money.
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