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Topic: Cryptocurrencies, is it save? (Read 411 times)

newbie
Activity: 98
Merit: 0
September 02, 2018, 05:30:24 AM
#44
There is nothing in this life that has a full hundred percent of guranteed safety, not eve life itself, yet a lot of persons still still it to their fullest. Cryptocurrency might not be safe, but depending on how you go about it. There are a lot of persons with the opinion that it is not safe, and have even because of that refused to join the trade, but I have been here for a while, and I don't think I have seen anything that will make me think that way.
newbie
Activity: 196
Merit: 0
August 29, 2018, 07:57:34 PM
#43
Well even living and going about you day to day activities ain't safe. Life itself is risky, isn't that what they often say? I can't tell anyone that cryptocurrency is save or not, because everything about life is risky, what matters is what you are willing to take a bullet for, and if you ask me, I would say that investing in cryptocurrencies is worth the shot.
jr. member
Activity: 122
Merit: 2
”Decentralized Digital Billboards”
August 27, 2018, 11:16:46 AM
#42
Yes absolutely Cryptocurrencies should have long way to go. There are so many projects that have concept to be used as real world applications. In near future those projects will start their woks. With by becoming Cryptocurrencies as real world applications  Cryptocurrencies can't be stoppable.
sr. member
Activity: 994
Merit: 250
August 27, 2018, 11:06:40 AM
#41
Of course! Where are we without it? Need to believe. All in our hands. Now there are too many discussions about this and all of them are sad
member
Activity: 364
Merit: 10
take & Vote or Become a IoTeX Delegate!
August 27, 2018, 10:52:36 AM
#40
Yeah sure I believe crypto currency is still save, the fear is because of the bear market that has been happening for a long time now, But i believe the bear market will soon be over and people will be happy one again.
full member
Activity: 392
Merit: 105
August 27, 2018, 10:19:32 AM
#39
There is so much fear being generated about cryptocurrency, is it safe?
Nothing is absolutely safe, digital money also has its own risks, Consider before using and using the right purpose is the most profitable investment plan!
full member
Activity: 504
Merit: 100
The Standard Protocol - Solving Inflation
August 27, 2018, 10:15:24 AM
#38
If what you are looking for as a cryptocurrency investor, then you shouldn't be here, take your fund and invest in bonds and stocks market! Cryptocurrency is new paradigm shift in invest, you are in charge and you are responsible for your investment!
newbie
Activity: 131
Merit: 0
August 27, 2018, 10:13:11 AM
#37
Nothing in life is absolutely guaranteed and crypto is not left out, however learning and practice is all it takes to be safe. Every business has it's safety rule, so is crypto and have to be strictly adhered to
member
Activity: 672
Merit: 10
umachit.fund
August 27, 2018, 09:57:19 AM
#36
Don't be afraid of cryptocurrencies. All of that will be safe
Living alone without having to be afraid of what is happening. relaxed and calm.
newbie
Activity: 31
Merit: 0
August 27, 2018, 09:51:52 AM
#35
what do you mean by "safe"? of course it's safe, there are scams and such things, but if you do your research then it won't affect you that much
newbie
Activity: 76
Merit: 0
August 27, 2018, 09:48:35 AM
#34
In general, top tier cryptocurrencies such as Bitcoin, Ethereum, Monero, Ripple are well known to be save due to its anonymity and high security features. That means no one can trace your real identity through the transaction and if you lock you coins in an hardware wallet, no one will be able to steal the coins from you. But if you forgot the key, you won't be able to recover all the coins you have.....That's might be bad for few people...
member
Activity: 434
Merit: 10
August 27, 2018, 09:12:17 AM
#33
Cryptocurrencies are not secure, but still they are quite promising and that is why it is worth investing in them.
newbie
Activity: 168
Merit: 0
August 27, 2018, 09:06:43 AM
#32
That's what people who are spreading rumors and FUDs trying to make you think so you sell your holding for cheap prices and then they can buy them. cryptocurrencies are absolutely safe.
newbie
Activity: 95
Merit: 0
August 27, 2018, 09:06:27 AM
#31
There is so much fear being generated about cryptocurrency, is it safe?


I think,  Cryptocurrency is safe. There are just people making some FUDs about it. Crypto is the future of our currency using right now.  It simplifies our sending amd recieving money.
sr. member
Activity: 490
Merit: 250
August 27, 2018, 09:06:08 AM
#30
There is so much fear being generated about cryptocurrency, is it safe?
Bitcoin only gets a little correction and that makes sense to me because you have seen that Bitcoin is rising again, strengthen your confidence and don't try once again to follow the people who panic in holding their Bitcoin, because it's all caused by the FUD. It's only a matter of time until it will return in the future and I think it will be more than $ 8500 next month before the ETF announcement.
jr. member
Activity: 126
Merit: 1
August 27, 2018, 09:03:31 AM
#29
Do you refer to 'Safe' as in security wise? or 'Safe' with respect to investment?

Security wise, cyrpto technically needs a lot of encryption and security to be kept safe from intruders. The technology is shaping up to be robust and developers are trying their best to keep it safe from security threats.

Investments wise, like many new technologies, the price of cryptocurrencies is highly volatile. Investors can win, or lose, a large amount of money in a short amount of time, simply because of changes in the value of currencies like Ripple, Ethereum and bitcoin. One must always research well and anlayze before investing in any particular currency.

Good online security, background research and a healthy dose of scepticism will help make sure your cryptocurrency investment is as safe as possible, and that you don’t fall prey to any of the fraudsters taking advantage of the current boom.
jr. member
Activity: 406
Merit: 1
August 27, 2018, 09:03:11 AM
#28
Looking from which side to look.  If we talk about the market, then there are many dangers, and if they are relatively safe about purses!
member
Activity: 770
Merit: 14
www.thegeomadao.com
August 27, 2018, 08:56:42 AM
#27
You cannot say that it is completly safe. In fact, any project is not safe for 100 percent. They carry both opportunities and risks. So is cryptocurrency. You can earn from cryptocurrency if you have skills. You should have knowledge before investing in it. But stay alert to scams involving it.
full member
Activity: 518
Merit: 114
August 27, 2018, 08:51:09 AM
#26
Dealing with cryptocurrency is dangerous for the reason that if bad guys find out that you are doing this, they can come to you and ask you to give everything you earned and even more. Therefore, it’s necessary to practice crypto in silence. Don’t tell anyone even to friends and relatives!
sr. member
Activity: 588
Merit: 254
August 27, 2018, 08:39:15 AM
#25
everything have a risk, as well as cryptocurrency that have risks from its security. my advice, Do some research to find the true information about crypto and learn make money into it. The cryptocurrency is save but how do you protect your assets and leave greedy far a way is another story.
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