If you don't believe Bitcoin don't invest in it. Because you might not like the out at the time you want to take your fund back. Bitcoin price is not stable so you don't have to invest without understanding the concept of Bitcoin investment. You have to study the movement for some times before starting the investment. Those who invest in Bitcoin, invest in a long term and also have the faith for both the short term and long term investors.
I'm curious to know more concerning the market, the fundamentals and technicalanalysis of bitcoin, we ought to know the basic requirements of the market. Bitcoin is a prominent project in the space and if one doesn't know how the market operates, he or she should keep a long distance. Losses are real and I bet a newbie won't be able to withstand these losses when they comes. The market is all about taking risks and absorbing and controlling our emotions when the losses comes. 
Topic: It's Bitcoin trust worthy - page 2. (Read 702 times)
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
You’re welcome OP. I’ll start by saying that no one is an island and we’re all here to learn and relearn which requires us to also make mistakes. ”Is Bitcoin trustworthy?” should be your topic. Also, this is a vast community/forum which most most basic questions have been answered. I’ll suggest you start by going over the forum and I bet you’ll find the basics of what you’re looking for and will reduce your worries.Nevertheless, Bitcoin can be viewed as trustworthy due to its decentralized nature. What does this mean? It means that bitcoin is not operational or controlled by any government, bank or organization. But this doesn’t change the fact that it is risky cuz just like any other financial market bitcoin is also volatile, which means it price can fluctuates. It is also important to note that there have been instances of fraud, hacking, and scams in the Bitcoin and cryptocurrency space at large, this is why one need to have an in-depth knowledge about bitcoin and cryptocurrency to be able to securely invest and trade the space without any fears.
I urge you to make use of the "Beginners and Help" forum to further enhance your understanding on Bitcoin.
https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151
Once again, welcome.
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
Nowadays there are no trustworthy assets to invest into, since even fiats are at a high risk of inflation. As for trustworthiness of cryptocurrencies in comparison with the other assets... I suppose it's quite suitable for long-term hodling, and, in case of fiats inflation there is a chance to save money via crypto. However, there is just a chance, not guarantee, since in case of fiats inflation, cryptocurrencies can become cheap too.
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
If you don't believe in Bitcoin then don't invest in it. Because you might not like the outcome at the time you want to take your fund back in the investment. Bitcoin price is not stable so you don't have to invest without understanding the concept of Bitcoin. You have to study the movement for some times before starting the investment. Those who invest in Bitcoin, invest in a long term and also have the faith for both the short term and long term. 
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
Bitcoin does not need trust. Its open source and so is the blockchain. You can verify everything for yourself, if you can understand it. If you cannot understand it then it might seem like an issue of trust to you.
As far as how secure Bitcoin is: Bitcoin is only as secure as the person holding the wallet. If you lose the key to your wallet or it gets somehow stolen or scammed from you, then that is 100% on you and chances are, you might not catch the criminal who did it. Although you might get your money back if centralized, non-self-custodial crypto exchanges catch him and freeze his stolen funds, because of your tip-off. But thats hoping for a dumb criminal, if you ask me.
Every investment has a scary first step but once you have made it, you need to hold on to your coin. Because the price fluctuations can scare you into selling for a loss. I do not recommend watching the price everyday.
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
What do you mean, the reputation of bitcoin or some other coin, bitcoin has been around for a long time as well as this forum. You should choose reputable bitcoin trading places, big CEX exchanges
Whether Bitcoin is worth investing in depends on various factors, including an individual's risk tolerance, financial goals, and understanding of the cryptocurrency market. Bitcoin's potential for growth, increasing acceptance, and diversification benefits make it an attractive investment option for some. However, it is vital to acknowledge the risks associated with its volatility and regulatory uncertainties. Investors considering Bitcoin should conduct thorough research, seek professional advice, and approach the investment with caution.
OP, when you invest in Bitcoin, you don't invest on any platform but instead, you just use these exchanges to buy Bitcoin and then later on you'll be the one to hold it.
Investing in platforms doesn't sound good if you're into Bitcoin because it's likely that you're depositing it on these Ponzi schemes and you're not safe with those.
They'll promise you to earn hourly or daily and then will show you percentages of returns but all of those are just projections and fooling you until they're going to go away with your deposited Bitcoin.
Investing in platforms doesn't sound good if you're into Bitcoin because it's likely that you're depositing it on these Ponzi schemes and you're not safe with those.
They'll promise you to earn hourly or daily and then will show you percentages of returns but all of those are just projections and fooling you until they're going to go away with your deposited Bitcoin.
Coming up with a topic which is your first on a forum dedicated to Bitcoin. Then asking a question about trust worthiness of Bitcoin, is stupidity. Bitcoin has been in existence for more than a decade. Try some Google search about it and you will find a lot of answers. Considering the amount of spam on this board. I think you just slided away from getting banned on this forum in a illiterate manner as you could have got your answer by simply.doing a Google search.
this is rather too mean than necessary, isn't it best you had passed than give this as a response.It's OP money, and there's no crime is trying to figure out how genuine what he intends going into is.
Trustworthy for investment in what manner? because the question sounds as if you are expecting bitcoin Investments to be risk-free which is not, trust me, there are many risks involved someone investing in Bitcoin that he must not overlook for example, I can only tell you that you can make a lot of money investing in Bitcoin but I cannot guaranteed that your bitcoin will be safe till the right time to sell your bitcoin for example, you can start using a bitcoin wallet and you mistakenly leak your private key yourself and doing so your bitcoin get stolen, that's on you not me.
Secondly you can proceed with the amount that you're not ready to lose and when it's the right time that you need the money, Bitcoin might have dumped massively and you won't be able to control yourself and you will end up selling your Bitcoin for a lesser price which means you are at loss.
Bitcoin is not a risky free investment.
Secondly you can proceed with the amount that you're not ready to lose and when it's the right time that you need the money, Bitcoin might have dumped massively and you won't be able to control yourself and you will end up selling your Bitcoin for a lesser price which means you are at loss.
Bitcoin is not a risky free investment.
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
You tried many platforms like? Bitcoin is not a platform, it's a digital currency/asset that has few advantages and it's more like the peoples money because it depends on it's decentralized capability, if you are talking about High Yield Investment Plans or MMM Ponzi schemes well Bitcoin is not like them.And do not expect a big income or gains like HYIP from Bitcoin, you need money to invest buy dollar cost average weekly or monthly or when you can afford it and you also need a lot of patience, I will advise you do some research first on Bitcoin, even if you buy how are you going to keep your Bitcoin safe? Learn about Bitcoin wallet and keeping recovery phrases safe first.
Create time for yourself and do a lot of digging on Bitcoin before you start buying, find and know the best wallet to store your Bitcoin and also know that Bitcoin investment takes time to yield, this is not something you can make a lot of money from in weeks or few months, so invest what you can afford to lose as it's still a risky bet.
How come your last experience was bad which makes you come up with this stuff to believe whether it's trustworthy or not? I believe you have used some exchange or centralised platform which have put restrictions or gone bankrupt.But if you have understood about why you should invest in it you won't have this question but you would have already be aware about it so first of all have your research rather then asking to others.
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
OP are you having a doubt on Bitcoin based on the scam platform you have been introduced to? There are many scam platforms that offers Bitcoin payments after performing some certain task or investment, maybe you were introduced to one of the platform that makes you feel Bitcoin is not trust worthy, one of the functions of google is to research, investigate and get information about a particular system or platform to know if actually is real or not before you could venture into instead of coming here to make this kind of Statment which you were suppose to researched on before joining, to me this question is an irrelevant one, if I may ask, do you think anyone will be here if bitcoin was not real? As the matter of fact Bitcoin has been on existence for years and has empowered many, all thanks to the founder.
So among all the coins to invest Bitcoin is the best but it all depends on your money and how you intend to invest it, one thing you most know is that sometimes market could be volatile as such going against your trade. A friend ones told me that in times of investment you should invest what you know will not affect you mentally if it doesn't work the way you expected.
Indeed, Bitcoin has empowered many, but hasn't it also left many in ruins? Is it not crucial to acknowledge that while Bitcoin may be a profitable investment, it also comes with significant risks?
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
Last hope sounds like the wrong vibe. If you're losing money, trying to invest and hope that this will get your money back is IMO a bad idea because one should only invest what one can afford to lose. Bitcoin itself is a top cryptocurrency, occasionally the highest performing asset, and overall it seems to have a long-term upward trend, recovering from bear markets. I can see that by simply looking at the price chart. But is there a guarantee that Bitcoin will recover and will grow? No, of course there isn't. Also, with Bitcoin it's very important to ensure that you're buying what you think you're buying (as there are other altcoins that claim to be Bitcoin, like Bitcoin cash or Bitcoin SV), to buy it at a highly reputable exchange, and to safely store it in a non-custodial wallet (the one to which only you have access, like Electrum). 
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
OP are you having a doubt on Bitcoin based on the scam platform you have been introduced to? There are many scam platforms that offers Bitcoin payments after performing some certain task or investment, maybe you were introduced to one of the platform that makes you feel Bitcoin is not trust worthy, one of the functions of google is to research, investigate and get information about a particular system or platform to know if actually is real or not before you could venture into instead of coming here to make this kind of Statment which you were suppose to researched on before joining, to me this question is an irrelevant one, if I may ask, do you think anyone will be here if bitcoin was not real? As the matter of fact Bitcoin has been on existence for years and has empowered many, all thanks to the founder.
So among all the coins to invest Bitcoin is the best but it all depends on your money and how you intend to invest it, one thing you most know is that sometimes market could be volatile as such going against your trade. A friend ones told me that in times of investment you should invest what you know will not affect you mentally if it doesn't work the way you expected.
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
First of all you needed to have basic idea about Bitcoin. Many curious people express their interest to know about this especially when they first know about Bitcoin. The reason is expressing these words is that you are completely new. There are many reasons why Bitcoin is called the king of all crypto coins. The first digital currency considered as Bitcoin. It is completely decentralized which makes it different from all other currencies. To believe in something, one must have a good idea about it. And to get an idea about Bitcoin, you must spend time here to know the various aspects of Bitcoin. Otherwise you will fail to believe in Bitcoin. 
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
If you have been introduced here, the best way is to learn everything by yourself instead of listening to someone and then making unnecessary losses and mistakes. Any investment will be profitable and risky, nothing is 100% safe only profit without risk. Can you tell us where you lost your investment? Because if you have invested in stock, forex, and lost, then chances are it's your fault, not theirs.Doing Your Own Research is really the best way to learn Bitcoin at most but listening to other user most notably fro mreputable users is not a bad idea too. They don’t give financial advice but rather just a ways to protect investment and at the same time have the a profit on a safe way which is in the form of buying and holding Bitcoin alone.
The very basic strategy on Bitcoin is just holding which many users failed to do since they are aiming for more profit by venturing out on altcoin which is the dumb ways to do when you are just starting.
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
If you have been introduced here, the best way is to learn everything by yourself instead of listening to someone and then making unnecessary losses and mistakes. Any investment will be profitable and risky, nothing is 100% safe only profit without risk. Can you tell us where you lost your investment? Because if you have invested in stock, forex, and lost, then chances are it's your fault, not theirs.
Sure, old failures may sting, mate. But don't ditch Bitcoin or any cryptocurrency. Bitcoin's appeal lies in its decentralization - no central honcho dipping fingers in the pie. It's algorithms and mathematics, exceeding human trustworthiness, if you see what I mean. Yes, it's unstable, but with instability comes potential for colossal gains. This isn't a quick wealth recipe; patience and diversification are the spices.
Always do your homework with any investment. Grasp how Bitcoin functions, its past, and its technology to gauge its potential. Remember, "Knowledge is Power." Bitcoin could be your pot of gold.
Always do your homework with any investment. Grasp how Bitcoin functions, its past, and its technology to gauge its potential. Remember, "Knowledge is Power." Bitcoin could be your pot of gold.
The answer to your question is yes, because Bitcoin as a digital commodiy is decentralized, that's to say one person does not decide what happens here, with the help of blockchain technology, regulations and rules are been decided by the community members as I call them or network members, And you should also know that Bitcoin transactions are irreversible, that's why you should exchange with trusted people or institution so that you funds will be safe, this digital currency has come to stay, this makes it indistructive. Bitcoin Transactions are trustworthy but trade with established registered vendors/ known individual as I said earlier, to avoid regret. People has started facing reality by accepting Bitcoin because they now see it as a reliable means of payment. In conclusion, The trust worthiness of Bitcoin will be dependent on individual and his or her detailed research about this commodity and it's technology.
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