Topic: How safe is Bitcoin? ✅ - page 15. (Read 7306 times)
Well there is nothing in the world are 100% safe. But Btc is one of the safest cryptocurrency.
BTC has a good reputation to be the best safe option of all cryptos.
BTC has one of the best maintenance facility that makes btc safer.
I feel nothing is completely safe. There is always someone powerful enough to break the system.
The bitcoin safety since 2009 until now was never compromised in any order. If you do use an exchange, always transfer your balances to a wallet only you control and install 2FA to add security or it is even better to hold them locally in a dedicated hardware like Ledger
I used to say hardware wallet is the best option but unfortunately these days even hardware wallets not so safe. I really like cryptocurrency but it’s true that keeping safe your tokens is not that easy thing.
I think Bitcoin is quite safe while you don't make a mistake, I mean that you don't do things that make your wallet hackable like you enter the phishing web and so on. You can also use a wallet like ledger, because recently I used a ledger wallet to secure my bitcoin. So far, my bitcoin is also safe on the blockchain wallet, because I always use it carefully. So bitcoin is quite safe in my opinion
I just use a cold wallet to secure my bitcoin, because hotkeys always need an internet connection so they are more vulnerable to attack than cold wallets, so keeping them in a cold wallet is safer.
Yes bitcoin itself is very secure. Never ever heard that bitcoin blockchain has been hacked. However the wallets whether its exchange or personal wallet can be hacked. We need to be extra cautious while using them.
I strongly believe in bitcoin and its decentralized technology. Thus, we can totally trust bitcoin and its safe
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?
In actual bitcoin wallet is totally a unhackable technology , but if you will hit axe yourself at your own feet then no one can help you in any condition .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?
First way that we can get hacked by the hacker is , to control the copy paste algorithm , when he will inject his extension in your pc/laptop then in that case every time when you will paste adress of bitcoin will be of the hacker , in this way he will be able to make a better steal of your bitcoin .
Second way through which hacker can hack your wallet is , by access your email id , the hacker can hack you email id by phishing or by another method by bypass of OTP and in that case you will not be able to control your wallet which is third party .
So from.these two ways of hacking we should know that we should not visit at anonymous link , don't give any type of details publicly to anyone or use just your secret personal email id for wallets like things and keep always care that before to send bitcoin to any adress , double check whether that is the your pasted adress or not .
In this way by we can make our wallet much safe and also we should always try to use official bitcoin wallet instead of third party .
1. Pay attention to storage security issues, the storage place offered by BitCoin is not one hundred percent safe. You will get a virtual wallet that is equipped with a private key. Although it has been given protection, this is vulnerable because your virtual wallet is on the internet network.
2. Be more wary of currency value fluctuations, Although the value of BitCoin shows a positive signal by continuing to increase, it is possible that the value can fall at any time. Global issues greatly affect the value of BitCoin.
3. Be careful of fraud, If you just go along and do not understand the ins and outs of Bitcoin, you can be an easy target of fraud. Many irresponsible people see this condition as an opportunity.
2. Be more wary of currency value fluctuations, Although the value of BitCoin shows a positive signal by continuing to increase, it is possible that the value can fall at any time. Global issues greatly affect the value of BitCoin.
3. Be careful of fraud, If you just go along and do not understand the ins and outs of Bitcoin, you can be an easy target of fraud. Many irresponsible people see this condition as an opportunity.
How can you be sure you're not getting hit by a car? The risk accompanies us everywhere, and the cryptocurrency exchange is no exception.
Bitcoin is safe and it is normal for the price to fluctuate so much because there are always people who sell and people that buy bitcoin. I consider it perfectly normal and safe
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?
I just have a bitcoin wallet installed on my old android device whose wallet is backed up in my external hard drive which I rarely use. So whenever I have to transact I access that old mobile and for rest of the time it's kept inside my cupboard. I always use the same address to accept payments that is present on that old android phone. 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 safe, but not saving your money, it involves losing all your money, as if there are coins and coins, and the password is neither
nothing is safe .. even your cash.. you have to make thing safe.. your life, your investment by chosing something good and having privacy.. so i will say bitcoin is safe if you make it safe by your ownslef... 
If you competently organize storage for your bitcoin and never trust anyone with your keys and passwords, your investments will be completely safe. Therefore, before you buy bitcoin, be sure to study the issue of storage.
I have never had any problems with the security of bitcoin, for my happiness. I immediately chose a good wallet, which suits me completely, it is very important.
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?
if you want to secured your bitcoins to safe wallet just try to use coinbase because this is the best and trusted wallet and if you are in the philippines i want to say coins.ph is the best way to safe your bitcoins and to protect it from hacker just remember dont forget your password in your account or in your private key.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?
I Prefer Having My Bitcoins In Wallet I Have Control Over.
For Example Wallet In Which I Have My Private Key.
I Think The Above Is Web-Based Bitcoin Wallet
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