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.,
Topic: Is bitcoin really secure - page 46. (Read 3111 times)
Bitcoin is indeed very safe! It is much safer than bank. BUT make sure you are using a very clean, no virus, no malware computer or laptop. Never download suspicious coin wallets from airdrops. Buy a hardware wallet, so you can store your coins safely.
Yes,bitcoin is secure because it is decentralized digital currency but it will become more secure by yourself if you put it in secure place. You must put it in offline or paper wallet to avoid it stolen by the hackers.Do not give private key and password to anyone.
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.,
I don't know what specific kind of security mean about Bitcoin but what I know is that, it depends on what wallet you're dealing with. If it is a coinbase, or something light like etherwallets and the likes. Then it would totally have different kinds of security, or should I say it would offer a different service of security. BTCitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.
Well bitcoin is really secure, and its your token in the wallet whos not secure if your not holding it well and you give an authority by any kind of people etc.Bitcoin for is the best and secure one for the communities and services it has the power to do all things that we need its just about to set already, and more upgrade fpr the future
In my point of view it is safe 'cause their is so much stronghold that are protecting your bitcoin for example I see this one on bitcoin whitepaper
they consider a scenario that someone might try to generate an alternate chain faster than the honest chain they consider any possibility that can happen nowadays they are decade advance to someone try to find a solution to their problem on how to?
they consider a scenario that someone might try to generate an alternate chain faster than the honest chain they consider any possibility that can happen nowadays they are decade advance to someone try to find a solution to their problem on how to?
It is as secure as you make it . If you do some good research on cold wallets and follow the advice you find it is pretty secure. But never forgot what is lost is lost forever.
It is actually really secure. Hackers have not been able to break in the system of Bitcoin, but they can hack your wallet. There are exchanges where you can sell your coins and convert them etc, but exchanges can also be hacked by hackers. For me Bitcoin is very safe and i trust it. I had never had a problem with Bitcoin. If it wasn't safe my friends wouldn't have used it, and me too.
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.,
Always put up your mind that every investment is safe which we would really still have the possibility on losing money. Security isn't guarantee. Those people who are putting all in on bitcoin are putting up the risk.Its either huge profits or total loss up depending on where bitcoin prices would go in near future. We do know bitcoins price is too volatile which means we cant be sure if we would make money most of the time. Just only invest on the money that you can afford to lose up.
Bitcoin is definitely secure as long as you don't lend your password out to anyone. But I'm pretty certain it's like that for everything.
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.,
As far as i know, bitcoin is secure but it is not safe hackers. If a hacker wants to hack your account or wallet, that hacker will do everything that he can to hack your account or wallet. But to prevent that to happen, make multiple accounts and wallets. Also, just keep your accounts private even to your family and friends. Do not tell your passwords to anyone. In that way, you can secure your bitcoin as well as your money.Bitcoin is far more secure, and reliable than banks, and centralized financial institutions. Yet it is always labelled as a totally insecure asset by mass media...
In terms of storage bitcoin is secure no doubt about that but in terms of investments it is not. 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.
I am so fed by this kind of post created by newbies who haven't' been dedicated 5 minutes to research the subject online.
They have no knowledge about blockchain, the basic principles of trustless network and decentralization.
Bitcoin is far more secure, and reliable than banks, and centralized financial institutions. Yet it is always labelled as a totally insecure asset by mass media...
They have no knowledge about blockchain, the basic principles of trustless network and decentralization.
Bitcoin is far more secure, and reliable than banks, and centralized financial institutions. Yet it is always labelled as a totally insecure asset by mass media...
It's definitely one of the most secure assets you could choose because it's controlled by you and only you.
Note that we're not talking about the security of an investment in terms that its value will not plunge into the sea of nonexistence, but about the security from theft. repossession and seizure is also theft in my dictionary, so there's that
No government or bank can simply take it from you. Even if you're a criminal they'll have to force you to give it up, like they forced Ross. You can't lose it as you could lose a gold coin, because you can make multiple backups and store them in various places.
Note that we're not talking about the security of an investment in terms that its value will not plunge into the sea of nonexistence, but about the security from theft. repossession and seizure is also theft in my dictionary, so there's that
No government or bank can simply take it from you. Even if you're a criminal they'll have to force you to give it up, like they forced Ross. You can't lose it as you could lose a gold coin, because you can make multiple backups and store them in various places.
I would guess bitcoin is more secure than credit cards which appear to have millions compromised on a regular basis without anyone batting an eyelash. Bitcoin would also appear to be more secure than banking, government and assorted financial systems, all of which have been critically compromised numerous times over the years.
Its strange that people question whether bitcoin is secure when the security of our banking, economic and financial institutions could have as many holes as a sponge. With only 2% of americans having used bitcoin or a crypto currency in polls, shouldn't we be focusing more on the security of electronic financial systems the other 98% of people use?
Its strange that people question whether bitcoin is secure when the security of our banking, economic and financial institutions could have as many holes as a sponge. With only 2% of americans having used bitcoin or a crypto currency in polls, shouldn't we be focusing more on the security of electronic financial systems the other 98% of people use?
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.,
The amount of growth in investment in btc definitely proves the trust on the investor's side and minor complaints about feeling of insecurity, people investing in a hardware wallet keeps it very secure and is much safer compared to other investments. 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.,
To some level bitcoin is secure to me and to another level more need to be done to actually prove that bitcoin can be use as a store of value and a mode of exchange for goods and services. Bitcoin has been given a lot of gaing to most of it early investors and many have make serious money through it and the only those that has lose in it are the panic and inexperienced traders that always sell below what they really buy.
which we know that what happens to different countries -as, as in my country, bitcoin is currently very popular and very safe because the number of people who invest in Bitcoin very much. because it looks very good bitcoin prices, and bitcoin in the future looks very promising. If they know about bitcoin to get many benefits. and also good for long term to get more bitcoin, so I think bitcoin is very safe.
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 not secure for investment. It is a high risk investment and that is the reason why it has the capability to deliver such high returns. But the market is very dynamic and can move from highest point to the lowest point very quickly. Any investment asset that can fluctuate like bitcoin will be considered as a very high risk investment, Same goes with bitcoin as well. Any investors will have to closely monitor the market to take quick decision about enter at low price and booking the profit at the right time.
Do you mean if it's hack-able? In this sense I imagine that not only is it more secure than anything centralized, but it's more secure than Turin complete coins such as Ethereum.
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.,
As far as i know, bitcoin is secure but it is not safe hackers. If a hacker wants to hack your account or wallet, that hacker will do everything that he can to hack your account or wallet. But to prevent that to happen, make multiple accounts and wallets. Also, just keep your accounts private even to your family and friends. Do not tell your passwords to anyone. In that way, you can secure your bitcoin as well as your money. Jump to: