Topic: Can we make sure that our money we invest in Bitcoin is safe? - page 5. (Read 4187 times)
I think and also for the others, to make sure the investment is safe for the future purposes is printing it in a paper that is not easily be tampered or wears off and putting it in some sort of a vault to make it even more secure, with that method you can prevent someone stealing your investments from the hackers online
Basically, it depends on different types of wallets so if your wallet is much safer and secure then hopefully your money or cryptos will be safe forever while if you use a non rated or dummy wallet then probably you will be in danger.
Check your suppliers for buying coins: Where do they register? What about the security measures they use? Is it a big exchange from BTC-e, Bitstamp, Kraken, or a reputable channel from Coinbase?
Never put the wallet address in the same place as the private key
Only use your own mobile phone or computer for trading
Spread your Bitcoins in several smaller wallets
Use multiple wallets, online, desktop, mobile, offline
Back up all your wallets in an offline hardware device
Use wallet encryption - third-party encryption software such as DiskCrypt or BestCrypt is the ideal choice
Upgrade online wallet software
Use deep cold storage - encrypt the wallet file and place it in an offline device.
Consider the Bitcoin paper wallet and put it in the safe.
I am very grateful for your explanation. after reading your writing, i got a very valuable experience. as a new user, this is very important. Thank you very much.Never put the wallet address in the same place as the private key
Only use your own mobile phone or computer for trading
Spread your Bitcoins in several smaller wallets
Use multiple wallets, online, desktop, mobile, offline
Back up all your wallets in an offline hardware device
Use wallet encryption - third-party encryption software such as DiskCrypt or BestCrypt is the ideal choice
Upgrade online wallet software
Use deep cold storage - encrypt the wallet file and place it in an offline device.
Consider the Bitcoin paper wallet and put it in the safe.
investing in bitcoin is very high risk, can be safe and can not. but if you do the right steps, investing in bitcoins is safe and very profitable. for example, you do not log in the website fake, because it could be phishing and hacking your assets. do not easily believe people with investments that the result is large and small capital, usually it's a scammer. and do not panic selling because it will harm. I think if you don't do that, investing in bitcoin will be safe.
the safety of your bitcoin depends on how are you gonna take care of it. There are kinds of wallet in which your bitcoin can be kept there are online wallets but its more risky and offline wallets which is less risky if you are not downloading any suspicious files from unknown websites by doing that you can avoid certain dangers that might breach your computers security and cold storage which is a flash disk type of storage which is less risky a kind of offline wallet that you can bring anywhere.
It's true that many hackers used to be the world, but we can also use 2FA security or we could store our bitcoins in a nice and trusted market wallet that has good security.
Our investment in bitcoin is very risky as we need to do our own security to our coins. It is not 100% guarante secure from hackers as they are different to handle even you put a very secured password to prevent it to hack . Hacking is their life as that is their own source of income. For us we just be careful providing information online.
Yes, our investment is safe. But a hacker is a different thing, I mean there is no connection between hacker and investment. If you want to keep secure your investment then you should use high security in exchange or in your wallet. always try to use Hardware wallet or online wallet with every security enabled. And keep activating 2FA, SMS, KYC Verifications in exchanges.
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're doubt about the software, website, exchange that allow you to put your bitcoin then you can try Hardware wallet which is offline storage, but if you want looking for another alternative besides Hardware wallet you can try to download software wallet that I recommend you Electrum. There's really so much hackers recently and it will still remains that's why careful when you're using internet.
Yes, there are many hackers all over the world, but I think it is most important for us to keep a good sense of safety. Do not open suspicious mail and phishing websites.
Yes bitcoin is safer than any other coins which are only a platform only after from erc20 from ethereum platform. And if we will discuss about its features as encrypted digital currency then even a techie individual could not decode on those encrypted coins for bitcoin. That is why in getting a bitcoin will take some time before you will get the bitcoin. But if we talk about digital wallet then there could be a difference. As we all know that there are digital wallets out there created so weak and there are other digital wallet that are too strong that could not be hacked by anybody. Just choose a digital wallet wisely and look for a good digital wallet.
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 the knowledge that we have, we can only ensure that our money is safe if fully understand how bitcoin works. There are many scammers and hackers around the cryptocurrency market, we should have a lot of knowledge for us to protect our capital.
Guarantees that you will make a profit by investing in bitcoin no. Therefore, this is called an investment, which is always accompanied by a risk. Or this risk is justified and you will get a profit or not and lose everything.
Yes and no, yes because it helps us not to carry money anymore and no because there are hackers that can steal your bitcoin in a flash.
You should research thoroughly before investing in bitcoin, there are so many threads here talking about how to secure your bitcoin. But the easiest is probably store you btc in hardware wallet.
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 itself is secure, the only one you should protect is your wallet and email, but you can't completely protect your wallet, you can put more security in your wallet like never share your private key and don't forget protect your email who connected to your wallets, i suggest you to use offline wallet because it better than online wallet.
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 where you're storing your assets. For instance you're using an online wallet, for the purpose of making often transactions to purchase item(s) or to pay bills. Also dumping some assets in Exchange could be handy because whenever the price of an specific coin get quite a pump you can easily trade; thus you can monitor the changes on market prices. Well ultimately you just wanted to store your assets into a cold storage if you really have a really large number of it otherwise its not wise to do it.
Hackers are not threat really, the fault is in you.
Nobody can really make sure that our money we invest in bitcoin is safe , because as we know from the beginning before we invest in bitcoin that it is already risky in the first place ,but all we have to do is secure our wallet well ,familiar with the trading sites process and transactions ,sotore the much important jeys and passwords in a safety folders, and much cautious.
definitely yes but not unless if you did not keep your private passwords or any logins . you must also need secured email as well .the security will start with you and the provided email you use . Because there are some hackers who instantly hack your personal credentials so you must assura that it was fully secured with sms notification with goodle authenticator and many more so you can secure your bitcoin
Investing money in bitcoin is safe when it is keep in wallet then it will be secured.
investing is easier than doing a trader, and so investing is much safer.
investing is easier than doing a trader, and so investing is much safer.
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 the knowledge that we have, we can only ensure that our money is safe if fully understand how bitcoin works. There are many scammers and hackers around the cryptocurrency market, we should have a lot of knowledge for us to protect our capital. Jump to: