There is risk in everything…
Bitcoin isn't mainstream, and it may never be. And yet it would be unwise to ignore it. Some $14.9 billion worth of bitcoins were in circulation in January 2017, and blockchain, the technology underpinning bitcoin, has attracted plenty of attention for its disruptive potential in banking, trading, and even media.
Topic: How safe is Bitcoin? ✅ - page 48. (Read 7306 times)
the best way to keep your bitcoins safe, is to use a hardware waller that have stronger cryptography that web wallets.
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Bitcoin is safe because it is the most secured cryptocurrency ever in the overall market for the passed years. Bitcoin cannot be hacked and while the other coins called altcoins are getting hacked for a few times since they launched in the market which makes bitcoin look safer than other cryptocurrency and one of the best crypto to serve as store of value.
Cryptocurrency that is decentralized and not regulated or guaranteed by the central authority is busy used to transact in various countries. There are some threats that lurk these virtual money users. One of them deals with the issue of Bitcoin storage. Furthermore, another risk associated with Bitcoin is the value of this very famous currency itself is very volatile. And other risks that are not less important come from Bitcoin users themselves, namely the lack of understanding of the nature and workings of this cryptocurrency.
Bitcoin is safe if you keep your account properly, your account will safe if you have a strong password that only you will know, you will use online wallet that have stronger cryptography to avoid people who want to hack or stole your wallet.
I elieve that bitcoins security and safety will directly fall upon the owner of it.
No matter how good the technology is if the owner doesnt know the proper ways to protect his/her wallet then the assets will always be in danger.
That is why it is very advisable to know the details in safeguarding your assets before accumulating a substantial amount.
Information about it is already widespread online.
All we have to do is research about it.
No matter how good the technology is if the owner doesnt know the proper ways to protect his/her wallet then the assets will always be in danger.
That is why it is very advisable to know the details in safeguarding your assets before accumulating a substantial amount.
Information about it is already widespread online.
All we have to do is research about it.
Bitcoin wallet totally safe for now, but quantum computer can find hashes saying scientists.
One of the big problems of qc is it works in their own system and cant be combined with our native
One of the big problems of qc is it works in their own system and cant be combined with our native
You can choice them hardware wallet it's can give good safety for your Bitcoin. Actually hacker's can be attack your online wallet but not do that hardware wallet.i also like this hardware wallet.
In my opinion, bitcoin is very safe. Bitcoin offers security and protection to its customers. The security of this customer is evidenced by the existence of anonymous facilities where our personal data will not be stolen. Further security, transactions using bitcoin can not be canceled so the transaction is safe from fraud. It's just that the convenience and security of bitcoin is often used for illegal transactions such as money laundering and terrorism financing between countries. This is what bitcoin is labeled insecure when in fact bitcoin is very safe. Because the security of this bitcoin makes illegal transactions through bitcoins difficult to trace.
Bitcoin is safe when you know what will you use wallet. If you want to secure it very well use hardware wallet that have a security key or 2FA security. Even hacker they can't hack it unless you store it in some kind of wallet that can easily crack.
What makes Bitcoin secure is that it is a solid block built by billionaires, longtime investors.
Stories of multi-million dollar hacks have also made it to the headlines time and time again. Take, for instance, the downfall of Mt. Gox, which until February 2014 was the largest Bitcoin exchange in the world, or the NiceHash hack that resulted in $64 million in cryptocurrency being stolen from the Slovenian-based crypto-mining marketplace - Source: Purevpn blog.
Bitcoin is safe because it is anonymous and hierarchical. And we are the owner of our own wallet who is the only one who can access it. I really like Bitcoin because for me it is really safe way to make financial transactions plus it, it gives me an easy job to do it.
You mean it's safe for the value or safety of the Bitcoin number. Hard wallets will help keep you safe on the amount of Bitcoin
The best thing is to use hardwallet, it is the safest because you can only access it through a device and hackers need to get the hardware wallet to hack it. Online wallets are also ok, but you should be responsible for keeping your private key safe.
Bitcoins are mostly in the hands of whales. It's hard to say it's safe
It still depends on the person for it to be safe. We all have private keys but that can only be stolen if someone literally steals the file or either you gave it with the passphrase. There are ways to avoid the crime of getting hacked.
It accounts for one third of market capitalization. This is a sign of safety. That means Bitcoin will be very hard to break down. Moreover, its value has increased steadily over the years
The safety of the Bitcoin of one user will only depends on himself. If he will use it with more care, especially the private keys to access its crypto wallet.
The best way to keep your bitcoins safe, is to use a hardware wallet that have stronger cryptography that web wallets.
If you store your coins in exchanges you are most likely to lose them, because exchanges receive the most cyber attacks.
If you store your coins in exchanges you are most likely to lose them, because exchanges receive the most cyber attacks.
We cant use the word safety in any kind of investment. There are always a risk in a market. All we can do is be smart so that we cannot get the risk of it.
I agree with you mate, in crypto world there is no such thing as safety, its up to you if you take a risk, cryptocurrencies is for risk taker only. People who dont have emotion if are more fit here in crypto world.
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