Do you think bitcoin ever be safe for any investment ? - page 12.

OrangeSeller

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Quote from: mrtryonebiggums on November 15, 2017, 11:53:16 AM

Quote from: nursahath07 on November 09, 2017, 11:10:57 PM

At present situation government actually not so much concern about such kind of currency for that reason people are not so much interested for using this currency. it is now use as a electronic currency though computerized system.
in terms of purchase and sales bit coin holder's are safe but the lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.

I think you need to define safe before continuing answering this question. I think that bitcoin will be "safe" at some point in the sense it will stop having -10%, +10% days so that you can actually put a huge amount down

and gain or lose a little. However I think it will take at least 5 years to get to this point so it wont be for some time before bitcoin is deemed safe.

What I believe is that bitcoin is the safest currency right now not only among digital currencies but also among paper money. If don’t know what makes people doubt bitcoin when it is trusted by even millionaires. There is no single people I have seen on this forum who is against bitcoin and the reason is simple that bitcoin is continuously increasing in value. No one is going to believe that bitcoin is unsafe in any way.

Flowzer

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I think bitcoin is the safest way for transactions. you can trade with bitcoin easily and safely. it's just that you need to give full protection to your bitcoin wallet. add 2fa code to your wallet or use google authenticator. I think your wallet would be safe if doing that

thet

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elysian.finance

I think bitcoin investment is still safe for now but i don't know if it is still safe in the future. But still hoping that bitcoin investment always safe and will last longer.

God Fist

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You can't put the words "safe" and "bitcoin" in the same sentence , even more you can't describe any cryptocurrency as a safe investment since such coins can loose more than 50% of their value in no time at all and risk is always in the turn ! so there isn't a guarantee that bitcoin will forever remain a safe investment .

mOgliE

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Hi,

I think there are in fact 2 sub-questions in your topic.

First, regarding governments: it would be great to get their support, their back§up and clear law environment, in order to avoid feeling "stuck in between" each time you try a new operation with bitcoin. However, regulating would also mean being constrained to declare bitcoin as financial resources and thus pay tax on it, justify where it come from, and so on. (I also personnally think that for the moment for traditional banks and governments it is way easier to ignore bitcoin because this way they can go on with their little "arrrangements")

Second, will bitcoin ever be a safe place for investment? It should be, I agree with you. But it is harder than that, because of the history of development of bitcoin in itself. Bitcoin is not just a crypto-currency, it is the thing that allowed for doubtful operations and people who had been trapped due to bitcoin may not be that eager to trust it again.

As a conclusion, it may be something that should be developed: as you can find some bars in Paris offering to pay in bitcoin, it could be great to great a website supporting entrepreneurship and ventures through bitcoin investment! (if that already exists, please tell me, I would be sooo interested)

explosion

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I would say bitcoin will be a risky investment for a certain amount of time due to its volatility but not due to some government limitations

aencarnaci

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Quote from: shezu007 on November 10, 2017, 12:03:18 AM

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For me, bitcoin is another way of safe investment and best way to muliply your money unlike putting your cash in a bank nowadays. You are managing your own funds using your own ledgers, passwords and online accounts. There are a lot of opportunity when you put an extra effort in bitcoin. It was being recognize in any part of the world and being regulated on those countries who are super concern by their people. The negative side of bitcoin is that you will never know when it will increase or decrease the price and it was being used by scammers to victim an innocent and those person who dont have enough knowledge what is cryptocurrency.

yes off course bitcoin is forever the safe and easiest place of investment because there is no scene still come about investing in bitcoin which proof that bitcoin is the safest place for investment and i also suggest you that if you can invest in bitcoin now then you can earn more and more profit in future because the rate is still low and it will increase with time as the users of bitcoin is increased.

Bitcoin is really safe for investments. If you are gaining bitcoin in a lot of ways, you can use this as investments so your bitcoin could gain profit. There are no reports that bitcoin is easily hacked and problems that include the security of bitcoin.

Other users are just careless and this leads to the loss of their money or bitcoin. The price of bitcoin is still fluctuating and if you invest now, you might get a large profit in the end.

Seaze007

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Quote from: djsugar on November 10, 2017, 09:47:59 AM

Through Bitcoin one can control ones own money without any intervention of government. You are in charge of your money and not giving any part to government. You are also responsible for your action then. Decentralisation has it pros and cons. If you want to control your money you need to secure it as well. Bitcoin in itself is very secure. If one get scam it is because of his own mistake.

It depends to people what they invest it. But in bitcoin maybe some of the investment company is safe. But its up to them, because we don't pushed other people what they do. So in a good place just think of it before you invest it. Because some them are scammer.But it can avoid it. just check the sites if its legit.

Shattered

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Bitcoin is a safe place for investment, because even buying and just holding can be considered as an investment with bitcoin. The same is not possible with the traditional fiat or any other stocks. As it completely operates online, the hackers and scams were found high. This is the only issue with bitcoin in terms of security.

Ranly123

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I would say yes, it is safe due to the decentralization on bitcoin. Investing through bitcoin gives the investor the luxury of having a tax free invetment and a profit that is much higher than a traditional monetary investment.

kier010

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for now it is safe and a lot of people are already make profit of it but we don't know what will happen in the future either it will be safe or not. also the government they won't take action maybe they are finding a way to control bitcoin.

mitchr4

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For me what kind of investment you entering even though it's Bitcoin is definitely have a risk. Although Bitcoin is very popular right now and is a good investment place but we do not know what will happen in the future many competitors will make Bitcoin drop.

richlipkin

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There are many of us who are so far ahead of where we started that we are pretty well insured against losing out on the amount of our original investment.

I myself could cash out the USD I originally spent on BTC and still have a large amount of BTC. But BTC is now going up so rapidly, I would just want to reinvest that USD into BTC anyway. So I haven't done that yet.

BCEmporium

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Quote from: ricardobs on November 21, 2017, 02:57:24 AM

Quote from: saekotye07 on November 16, 2017, 07:40:38 AM

for me bitcoin is more safer than anyone to invest your money.. but there's a lot of people have a different purposes they used bitcoin for their financial needs like paying bills etc. its up to you how you managed your bitcoin you can also see if some investment are promising or not..

As of now, I’m very sure that Bitcoin is one most safest Investment one can ever make and earn huge from it. It’s not forex trading where you will end up losing your whole money if you’re a novice trader. One thing I like about bitcoin is that you’re always free to do whatever you wish.

If you invest into Bitcoin, you can withdraw that money anytime you wish, but as for other form Investments, you can’t withdraw them until you reach a certain rate that’s meant for withdrawal.

You can lose your money much much faster when trading crypto compared to ForEx. Unless you're talking about leveraged trades, then it starts to even out.

ricardobs

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Quote from: saekotye07 on November 16, 2017, 07:40:38 AM

for me bitcoin is more safer than anyone to invest your money.. but there's a lot of people have a different purposes they used bitcoin for their financial needs like paying bills etc. its up to you how you managed your bitcoin you can also see if some investment are promising or not..

As of now, I’m very sure that Bitcoin is one most safest Investment one can ever make and earn huge from it. It’s not forex trading where you will end up losing your whole money if you’re a novice trader. One thing I like about bitcoin is that you’re always free to do whatever you wish.

If you invest into Bitcoin, you can withdraw that money anytime you wish, but as for other form Investments, you can’t withdraw them until you reach a certain rate that’s meant for withdrawal.

zeaderza

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Quote from: gabmen on November 14, 2017, 07:45:44 AM

Quote from: ipanks on November 13, 2017, 08:04:44 PM

i think bitcoin is safe for investment because so far i am in bitcoin world from 2013 and until now, the price is always gets up and this year, bitcoin reach the highest price. i think in the future, bitcoin price will be more higher than now and in that time, we can make a big profit because we have bitcoin and we are ready to cash out our bitcoin. beside for investment, we can trying to make our bitcoin amount increase by many ways and so far, i am using trading to increase and i think its works for me.

Yeah though i think we were lucky this year with the pace bitcoin went. A lot of btc investors made a lot of money this 2017. I'm nit sure though about 2018 but i hope btc continues ita pace. There may be hard challenges in btc's way like the one bitcoin cash presented but i'm pretty comfident about btc's support

If we look at the graph of the bitcoin since the time it was introduced in this world, then we’ll get to know this thing that bitcoin is gaining more and more reputation not only in the international market but also amongst the common people. I think of investing in bitcoin to be the best thing to do. This will really help us in making as much amount of money as we really want to earn from it.

mega

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Any investment you are going to make full of doubts,risks and unexpected natural hazards like:Earthquake,floods,Fire etc. Beauty of investment in Bitcoin is that its safe from unexpected events it minimize the lost or theft as compare to paper money. Can mange accounts and make transactions by own consent no one stop to you also increasing your profit,Bitcoin threat is hacking but we also safe it from hacking by security tools.

BCEmporium

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Quote from: Ararbermas on November 20, 2017, 12:50:30 AM

Quote from: jam22 on November 20, 2017, 12:01:11 AM

Yes, I think it is 90% safe.

yes you're right it is 90% sure that investing through bitcoin is safe. But ithink it depends on the site you want to invest cuase now adays there are some ponzi investment site that also promising like a classified site. which is clone investment site. So i suggest if you want to invest in any investment site .review first to make sure that your funds is 90% safe. .

You should stop pulling numbers out of your rear. What does it even mean for Bitcoin to be "90% safe"? Doesn't really make any sense without any additional information. And Bitcoin isn't "very safe", it's "extremely risky". Sure it's very promising, but that doesn't mean that it can't die almost over night. So you need a back up plan for that scenario if you really want to be safe.

wxa7115

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Bitcoin is GOD

Quote from: krky on November 13, 2017, 07:04:42 AM

just like every invest, the success in Bitcoin is not always guaranteed, this is why pro investors always says "never put all eggs in one basket" invest in other business as well aside from Bitcoin, though at the end of the day its really up to you whether you'll go for hail Mary by going all-in in Bitcoin or invest in other Business as well not just in Bitcoin.

You should never invest more than what you can afford to lose but once you do that I do not see anything wrong with investing most or all of your money in bitcoin bitcoin has been the greatest investment in the last decade and I do not see a reason why this should not be the case in the next decade as well, that is why most of my money destined to invest is allocated in bitcoin.

AVAMONEY

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Quote from: Ararbermas on November 20, 2017, 12:50:30 AM

Quote from: jam22 on November 20, 2017, 12:01:11 AM

Yes, I think it is 90% safe.

yes you're right it is 90% sure that investing through bitcoin is safe. But ithink it depends on the site you want to invest cuase now adays there are some ponzi investment site that also promising like a classified site. which is clone investment site. So i suggest if you want to invest in any investment site .review first to make sure that your funds is 90% safe. .

I think if how to get information about safe for any investment, OP needs to do a lot of research, because I was agree, bitcoins is one of the good investment commodities in the future. because this is becoming a gap for some people to commit investment fraud with bitcoins as payment.
Unfortunately there were many interesting offers investment and cloud mining related bitcoins that led to a scam with the lure of doubling the profits.

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