Topic: How safe is Bitcoin? ✅ - page 10. (Read 7215 times)
Very safe because the security of bitcoin can not be denied anymore. Especially if we choose a wallet to store very secure bitcoin, hackers will not be able to hack a wallet system that is double security.
Interesting reviews also remind us to keep the Bitcoin held in a safe condition. Almost the same as the review, in each account always use a different password
For example, there are also viruses that can be randomly downloaded to the computer itself, which can be of different types of data. For this, it is also possible to write down the key somewhere on a piece of paper and carry it with you, as well as install a reliable protection on the computer as a paid antivirus, as well as secure Internet connections. Who will not be subjected to your account on third-party services or exchanges. But this is only my opinion.
I think bitcoin is extremely sheltered on the grounds that bitcoin is use in blockchain framework. as we alI know bitcoin is the considerable computerized monetary forms that uses the private key and it is extremely unlikely another person can damper with. so its extremely sheltered
Bitcoin is not safe, the price is not stable! it is getting themovement.
though the question is, IS BITCOIN SAFE?
for me! BTC is safe and gaining, what should we do?
if you are aware of the community BTC is the thing to grab.
though the question is, IS BITCOIN SAFE?
for me! BTC is safe and gaining, what should we do?
if you are aware of the community BTC is the thing to grab.
I think to be safe with your Bitcoin, you should have a reasonable allocation strategy to reduce your money. Be careful of being attacked by placing two layers of protection. Trade on trusted sites. Always change your password.
If you are investing for long-term then allocating them with Paper and Hardware Wallets would be the safest option a person can take. But to go with hardware wallet, like Trezor, the investment has to be good because the price of the device is quite good enough.
And if you transact more frequently you can choose some good web wallets, but if you can make some extra efforts, the Paper wallet will be good. But with extra security nowadays, web wallets are quite good as well.
The miners, or people using these computers to solve these advanced mathematical based equations get compensated for securing the network through validating transactions and preventing breaches of security within the network. Its’ now estimated the Bitcoin network takes up 1% of the entire global population energy consumption. That’s huge!Continuous adoption across merchants, financial institutions, and the general public have allowed Bitcoin to hold a significant amount of value that’s uncorrelated to anything else, no other government issued currency or commodity is like Bitcoin, it’s a unique store of value and is accepted by millions of people.
what I know is that bitcoin is very safe to be made an investment for the future
actually, there's no safe in the bitcoin world. bitcoin doesn't do anything but those people who used it is to crime activities is not safe. we know that it is untraceable and it is the best advantages when you do crime activity. also, the hackers and scammer that want to steal your money is the greed people why people think that the bitcoin is not safe.
Bitcoin is safe it's depending to the people who use it always be careful for clicking of any kind of link because lots of hacker now is doing their best to hack our accounts. And if you want be really safe use hard wallet so you can avoid to some frauders or hackers.
what I know is that bitcoin is very safe to be made an investment for the future
I think to be safe with your Bitcoin, you should have a reasonable allocation strategy to reduce your money. Be careful of being attacked by placing two layers of protection. Trade on trusted sites. Always change your password.
Although bitcoin is highly unpredictable, I have to say that it is safe. Of course, there are hackers and scammers that exist out there that we all could not deny, however, there are also hackers and scammers even in the traditional banking system so it is only a matter of finding the right online wallet to keep your bitcoins in.
For all the crypto in the market bitcoin is the safest among them all since there are many hardware digital wallet that could take care of your bitcoins offline and could not be phished out in the internet since it is an offline digital wallet. At the same time bitcoin could not be crack down by just anybody because it is encrypted itself and that means it will be so hard to decrypt a single bitcoin. Bitcoin is very safe!
The best prevention from the hackers is to use a hardware wallet. Also, you need to constantly update your knowledge about the software, programs, and ways to protect your bitcoins. You need to take as much safety precautions as you can to keep your digital money safe.
it is more secure than the security bank in our country even though we said that the bitcoin is independent with the transaction in internet so that we can say that bit coin is not secure but it is not enough. for me transaction in internet process is more secure because there are so many process that we can follow first, take note that this transaction is for every single withdraw unlike in security bank you just have to insert a pin number that you need to insert then that is it, you are able to get your money.
generally, bitcoin with the internet transaction is more secure than the security bank in our country.
generally, bitcoin with the internet transaction is more secure than the security bank in our country.
You can store the bitcoin safely by storing them in mytherwallet wallet. This wallet is relatively safe for you. You can safely store your bitcoin but you should install the virus protection software.
Sure your bitcoin will be safe if you send them to myetherwallet
- don't forget the anti virus!You can shitpost, but talk about what you know at least. You CAN'T send bitcoin into an ERC20 wallet.
Not only bitcoin but also your cash money saving at bank could be heck and stole, why not with bitcoin is virtual money transaction. But you have way how to protect and take care your bitcoin is safety by adding some security for your exchange market using save your bitcoin balance.
Quite safe actually. I mean you can protect yourself and your privacy with mixer and other staff but as someone know you have a wallet full of BTC and he knows who you are there you have a problem pal. You'll never know his intention and you know what they say: never trust anyone poor.
So in the end you can protect your seed or passfrase or private keys, but if someone hurt you or someone you know with blackmail also, you not have many options left.
Protect yourself with privacy coin also.
I've never heard that saying before, "Never trust anyone poor." That's a little wealth-ist. I personally wouldn't trust anyone at all with my money. That's why I keep my money in a place that no one else knows. You can have a friend that's richer than you, but upon discovering that you have a lot of money, he's going to start blackmailing you. It really is hard to know which of your friend is loyal and which one will betray you. Sometimes it's the poor that's loyal and it's the rich that isn't. So don't judge people just because of their financial state.So in the end you can protect your seed or passfrase or private keys, but if someone hurt you or someone you know with blackmail also, you not have many options left.
Protect yourself with privacy coin also.
I do not think bitcoin is safe, except for hackers. Many hackers now have the crypto attacked. not only bitcoin their attack but also different coins and even tokens.
AFAIK, the hacks happening in the altcoin world is due to the person's negligence such as uploading their private key in some website, mistakingly copy+pasting their private key to a form, or simply saving a file of their passwords somewhere that turned out to be unsafe. It's not a hacker who did the "hack". It's the people's fault and no one else. They just call it a "hack" even when it's not cuz "I got hacked" is way more cooler than "I sent my private key to someone in the web."Bitcoin is the safest cryptocurrency because bitcoin transaction is encrypted and secure bitcoin never compromised its security but many exchanges and wallets compromised and hackers steal our cryptocurrencies. in my opinion Hardware wallet is the safest way to secure our bitcoin because this is not connected with internet and we can access our funds via private keys, we need to print private keys on a paper and keep it in secure place and if we are doing trading than only put that fund in exchanges which we wanna trade.
It is not 'constantly' connected to the Internet is what you should say. At some point you're going to need to connect it to the Internet because that's what you need in order to send funds to another address. People go crazy over hardware wallets. Trezor devices are so expensive and people really do set aside some money to buy one but I don't see it more secure than paper wallet or a pendrive wallet. It might even be more dangerous because what would happen if someone found an exploit to all Trezor devices.
I do not think bitcoin is safe, except for hackers. Many hackers now have the crypto attacked. not only bitcoin their attack but also different coins and even tokens.
Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.
Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.
Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.
An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer
If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.
But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.
How make you sure to safe your Bitcoins?
Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.
Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.
An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer
If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.
But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.
How make you sure to safe your Bitcoins?
Bitcoin is really safe if you know how to store them:
Never disclose a private key, this is extremely important because if you lose your personal key you will be taking away your entire bitcoin.
Do not put too much bitcoin on the trading floor because of the possibility of hacker attacks take away your money, just to spend a little money to trade.
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