Topic: Is bitcoin really secure - page 37. (Read 3100 times)
I think bitcoin is safe for investment but not today, because I bitcoin because bitcoin this year continues to decline, now I've sold my bitcoin and switched it to fiat, I think it's the safest step
Why you can think that bitcoin its not secure? i think it is secure, of course.
We does not have an assurance that investing here in bitcoin is a secure thing since more scammers are roaming around the crypto world. But we need to be more extra careful in dealing with. We must consider the many things about the project we invested in.
Bitcoin is really secured. The transaction system is very fast and nobody can track this.Even government can't track its transaction.
You are correct bitcoin is secured as long as your password is secured too. True, the government cannot trace the transaction in our digital currency now but i don't know if they can't trace it in the next generation.
Bitcoin is very safe, but a computer/laptop, a Bitcoin storage wallet and the way we conduct unsafe Bitcoin transactions.
bitcoins are safe, the only downside is the prices, because bitcoin values are unstable. The only thing you have to worry about is hackers, hacking your btc wallet, please be careful on phishing sites, you can find preventive measures in the net, and please don't give your email on anonymous persons.
Bitcoin are secured with a high degree of encryption, close to that of the military. No one can pay you money or make a payment on your behalf. Bitcoin can give you full control over your money and a high level of protection against many types of fraud.
What do you mean by safe and secure? Safe as in safe for investment or not going to lost its value or safe from thieves and hackers? Though your auestion requires 2 different answers, my answer for both is no. Not secure in value. Because of it volatility, it can spike up in a moment and fluck down also in a moment. From thieves, it depends on how you store your bitcoin and which wallet do you use and how do you keep your private key.
On my experience, investment in bitcoin is secure with regards to security but it's not secure with regards to risk. It may goes up very high or you may just lost in a very short amount of time. So the security of bitcoin is how you look on it really.
Security depends how you are storing your money, which wallet you are using, and it's not so easy for everyone, as people who have weak machines won't have the same security measures someone who has a strong machine... The risk is more related to the volatility of this currency. It's a risky investment for everyone, as everyone is taking the same risk, but it can be more or less secure for me than for you, depending how I store my coins.
Yes, there is the risk of being hacked, but it's possible to avoid it. You can store your coins in a computer without internet access for an example. And you may say: Ah, but the computer can break. It's true, it's impossible to reach 100% security, but we can reach 99% at least...
Otherwise, risks (currency's volatility) aren't possible to avoid in any way, it's a fixed percentage of risk for everyone.
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
Bitcoin is very safe, as long as you keep your private key safely no one will be able to steal the bitcoin from you. I guess storing bitcoin is safer than saving fiat money.
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
Why so many threads created for the same related question? It will leads to spams.I suggest the OP to explore the forum first,then you can get clear idea about what is the bitcoin.
Bitcoin was invented to be used securely over the Internet without any third parties.So you bitcoins are very safe than the current fiat money.But you need to keep your wallets safe or else someone will steal your bitcoins using private keys or using passwords.
On my experience, investment in bitcoin is secure with regards to security but it's not secure with regards to risk. It may goes up very high or you may just lost in a very short amount of time. So the security of bitcoin is how you look on it really.
Security depends how you are storing your money, which wallet you are using, and it's not so easy for everyone, as people who have weak machines won't have the same security measures someone who has a strong machine... The risk is more related to the volatility of this currency. It's a risky investment for everyone, as everyone is taking the same risk, but it can be more or less secure for me than for you, depending how I store my coins.
On my experience, investment in bitcoin is secure with regards to security but it's not secure with regards to risk. It may goes up very high or you may just lost in a very short amount of time. So the security of bitcoin is how you look on it really.
Security depends how you are storing your money, which wallet you are using, and it's not so easy for everyone, as people who have weak machines won't have the same security measures someone who has a strong machine... The risk is more related to the volatility of this currency. It's a risky investment for everyone, as everyone is taking the same risk, but it can be more or less secure for me than for you, depending how I store my coins.
On my experience, investment in bitcoin is secure with regards to security but it's not secure with regards to risk. It may goes up very high or you may just lost in a very short amount of time. So the security of bitcoin is how you look on it really.
Security is a big issue with bitcoin. This could be overcome with ease based on the necessary steps we take to make it to be secure. There are people who stay away from cryptocurrency just because of the lack of security. These people have lots to invest, but the high secure nature of gold make them invest unto it leaving bitcoin. Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
Bitcoin is safe and secured investment. However you have to check the exchange or wallet you are using if it is secured or not. Bitcoin is better than banks because it is decentralized and you have the direct access to it. Banks arent one because alot of people knew your informtaions and they can control your account.
On my experience, investment in bitcoin is secure with regards to security but it's not secure with regards to risk. It may goes up very high or you may just lost in a very short amount of time. So the security of bitcoin is how you look on it really.
Bitcoin is really secured. The transaction system is very fast and nobody can track this.Even government can't track its transaction.
yes investment in bitcoin other than safe also you will benefit from the results of trading and investment in this currency crypto, the transaction in bitcoin encrypted with very safe so it is very difficult to be tracked
Of course it is. It is known for its transactions that do not need a middleman or intermediary. To perform such task, it should have a good security. Also, it is based on blockchain technology which means it is really hard to hacked. Many might want to take advantage of the users but bitcoin is probably developing each single day. So its security will surely develop more in the future. You just have to secure your account more and don't let your guard down as hackers are just waiting to find a perfect timing to do their job.
Depends on what you mean by safe and secure? As an investment that will grow and earn you money? or holding it in your wallet? If it's the former, then it really depends. You won't lose all of your money just in case it tanks but you may lose a significant amount. And vice versa. If it's the latter then it's all up to you on what kind of wallet you're going to use. But just use 2FA or email auth just to be sure.
Yeah,bitcoin is really secured when compared to fiat currency,by means of getting stolen,by means of transaction over internet.But is is really not secured by means of it value.
I think Bitcoin and Fiat are close to being the same in terms of security. Bitcoin can be stolen and Fiat can also be stolen, what makes Bitcoin seems more safe is because not everyone is interested of it, so thieves will never think their victims owns a Bitcoin. But mind you, if your phone gets stolen or your laptop, then your Bitcoin goes with it, and if they happens to hack it, then you know what happens. I think it is not, many other people are here to hack. Like the wallets or users, sites, many other things, what do you think if the founder of bitcoin is a hacker? what would happen to us who are bitcoiner here?
Bitcoin being safe, depends on how you make use of it; you can either use it carelessly, or carefully. If you’re careless, and not minding your security, then hackers will be able to steal your information and use it to do whatever pleases them. So it’s good be careful. For me, I would say Bitcoin is safe and secured. Jump to: