Topic: It's Bitcoin trust worthy - page 3. (Read 702 times)
As we know Bitcoin is a decentralized digital currency that works through block chain technology. This technology works in a way that confirm transparency, security and immutability of any transaction. Bitcoin has gained tremendous popularity and acceptance in the present time. Yet the trustworthiness of Bitcoin remains a matter of debate and individual interpretation. Bitcoin's trustworthiness from fundamental design principles and underlying blockchain technology provide a much higher level of security. However, Bitcoin's value can be volatile due to market fluctuations and can be subject to speculative behavior that makes its reliability highly confusing to users.
everyone always has a different opinion on this, that is, there are people who believe that investing in bitcoin will provide many benefits and there are those who think that investing in btc will only make lose, so basically there are always pros and cons.
I think you should do your own research and learn what btc is, what are its uses and what are the advantages of investing in btc and what are the risks of investing in btc.
and you enter the right forum, of course you will gain insight here as long as you continue to read, ask questions and study here.
and you can also look for it on the internet like on google and so on.
I think you should do your own research and learn what btc is, what are its uses and what are the advantages of investing in btc and what are the risks of investing in btc.
and you enter the right forum, of course you will gain insight here as long as you continue to read, ask questions and study here.
and you can also look for it on the internet like on google and so on.
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 are referring on investments — in long term investment, yes. But if not, it's too risky, and should trade with caution, knowledge, skill and experience is the key. There are many how to articles and videos out there.
The fact that you called Bitcoin a platform, tells me that maybe you aren't actually talking about the Bitcoin technology, but a platform claiming to be it/something legitimate on the back of Bitcoin. Be careful.
I can't find where @OP called Bitcoin as a platform though he admitted that he invested on different platform but failed, I think, it does not mean he is saying Bitcoin is a platform.
The thing you need to worry about when using Bitcoin is your diligence, and cybersecurity. If you aren't diligent or you don't protect your coins via good cybersecurity practice, you'll likely be parted with your coins at some point.
I agree he should also learn the proper safekeeping of his bitcoins since it will need a long time profit, he must make sure that his bitcoins are properly kept.
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 I can see that this is your second post in the forum, and I may say from your write-up that you are a complete newbie who doesn't have any knowledge about Bitcoin or cryptocurrency in general. Now I will advise you to calm down and learn first before you start following people's advice without doing your own research. These types of questions do not really need to be asked, let your knowledge convince you and earn your trust about Bitcoin.
I don't really know how many platforms you have tried and failed on, and honestly, I don't want to know because I believe that you are trying to talk about ponzi schemes. But let me clear your thoughts with this: bitcoin is a digital currency, not a scam,but you can easily be scammed if you don't have proper knowledge about it before you investing.
The fact that you called Bitcoin a platform, tells me that maybe you aren't actually talking about the Bitcoin technology, but a platform claiming to be it/something legitimate on the back of Bitcoin. Be careful.
If you are talking about the Bitcoin technology, then there is actually nothing to trust. The ledger is kept by its users (nodes) around the globe and validated by miners. There are so many people connected to the network, that trust is barely a factor in its usage (as intended by satoshi).
The thing you need to worry about when using Bitcoin is your diligence, and cybersecurity. If you aren't diligent or you don't protect your coins via good cybersecurity practice, you'll likely be parted with your coins at some point.
If you are talking about the Bitcoin technology, then there is actually nothing to trust. The ledger is kept by its users (nodes) around the globe and validated by miners. There are so many people connected to the network, that trust is barely a factor in its usage (as intended by satoshi).
The thing you need to worry about when using Bitcoin is your diligence, and cybersecurity. If you aren't diligent or you don't protect your coins via good cybersecurity practice, you'll likely be parted with your coins at some point.
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.
Please be advised that Bitcoin is highly volatile, if you are investing for a short term, Bitcoin is not for you. Bitcoin investment is proven to be profitable if the investor intended to invest in Bitcoin for a longer time like investing in bear market, (the Bitcoin price crashed after the recording of ATH) and cashing out on its peak during a bull market (happens inside the 4-year cycle).It is also a good thing for you to learn the Bitcoin price pattern. It will enable you to avoid unnecessary worries during your Bitcoin investment venture.
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 by trustworthy? Bitcoin has been around for more than a decade so why would you still think it's a scam? I'm confused. I believe you should learn more about bitcoin before starting a topic like this. It's important to have a basic understanding and then you can ask more informed questions if needed.If someone introduced you to bitcoin as you said, you could ask them about how it works and learn the basics. In other ways, you can just read online as there are plenty of sources available. Bitcoin is truly interesting and can be very useful if you know exactly what you're doing.
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.
Please don't come with all your hopes to bitcoin with small capital and if your hopes can worth upt $30k dollars now then I don't think therebis any need to give up hope as there is more than enough hopes for you but coming to bitcoin with all your hopes and a capital of $100 dollars and expecting to buy a house and a car and also travel out dream destinations is insane and I'm so sorry I had to come out this plain to you but I also want you to accept life's challenges and move on.
You're welcome to the forum but I want to advice that you spend more time now reading and studying about the asset(bitcoin) you want to get involved with and to make things easier for you.
I will suggest that you pick just one specialty in the field and focus on it now , as there so many opportunities in cryptocurrency and you should try not to let them distract you.
Ops shouldn't ever trust third-party because that is what Bitcoin has struggled to abolish for a while now and those that practice the method of avoiding third-party involvement are the ones that escape scammers.
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.
I swear Bitcoin can be trusted more than the bank you keep your money in. More than any currency of any country in the world. You are very lucky you were introduced to Bitcoin now, you are still early. Btw, what were your previous unfortunate investments?
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.
When you were introduced to it, did you go out and did your research? And I hope whoever introduced it to you, he/she may have given every information about it. Because it's you, and you have to be the one to make that decision. All we can do here is to give you information about Bitcoin. Its advantages and disadvantages, risk, profits, how to keep it secure and how to risk management, all that stuff. We can not say if it's trustworthy or not. To me, I trust it, but after you know all of it, you may trust it, or you may do the opposite. So again, it's totally up to you. Go do your research first and decide what you want to do. After that, if there's anything you are unable to understand, we are here to guide you through that. History speaks for itself. So if you really want to know about it, dig the history and learn from that. It's the best teacher.
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 by you’ve tried different platforms and didn’t work for you and this is your last hope? Did you try investing in other alternate coins and failed in the investment or you invested bitcoin through the means of another platform and you were scammed or lost some part of your bitcoin to the volatile nature of the market.
Bitcoin is good for investment and very trustworthy too. You don’t need to panic about your investment in bitcoin if you really understand the whole concept about what bitcoin investment is. If you’re looking for a crypto currency to invest in and earn maximum profit, investment in bitcoin is the best as it has the ability to definitely appreciate back despite any downtrend it must as faced in the market.
Be warned Bitcoin is not a platform, I believe you have been investing in Ponzi schemes that all claims to be Crypto-currency based but the truth is that they Are Not. And you are still referring to Crypto-currency as a platform, you would continue to loses money if you don't spend time to actually learn.
Investing in Bitcoin is great but also pay attention to how to Buy Bitcoin securely and also how to save Bitcoin in your personal wallet.
https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151
Investing in Bitcoin is great but also pay attention to how to Buy Bitcoin securely and also how to save Bitcoin in your personal wallet.
https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151
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 is the number one cryptocurrency project in the market with an anonymous developer called Satoshi Nakamoto many years ago.
You will need to know some certain things about Bitcoin before you decide to invest in it so that you will not be taken off guard. It is important you read what Bitcoin is and how volatile it could be if you hold it.
The mistakes many newbie investors make about Bitcoin is thinking that it can give them fast money if they invested in it. It is not a ponzi scheme so you don't expect to get rich over night by being an investor. You can read somethings about the market cap and exchanges you can buy Bitcoin on Coinmarketcap so you will know and understand where you are putting your fund when you finally invest 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.
Those platform ypu said you tried are not bitcoin and as a matter of fact, you have been a victim of a scam all the while thinking you have invested in Bitcoin, and the simple way to invest in Bitcoin is simply by owning your own personal wallet with private keys that enable you access to the wallet at any time, the buy you bitcoin and hold it in the wallet.This is the most simple way to invest in Bitcoin and be in control of the assets, all other profits guarantee ways call investments are all Ponzi schemes.
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.
Please don't come with all your hopes to bitcoin with small capital and if your hopes can worth upt $30k dollars now then I don't think therebis any need to give up hope as there is more than enough hopes for you but coming to bitcoin with all your hopes and a capital of $100 dollars and expecting to buy a house and a car and also travel out dream destinations is insane and I'm so sorry I had to come out this plain to you but I also want you to accept life's challenges and move on.
You're welcome to the forum but I want to advice that you spend more time now reading and studying about the asset(bitcoin) you want to get involved with and to make things easier for you.
I will suggest that you pick just one specialty in the field and focus on it now , as there so many opportunities in cryptocurrency and you should try not to let them distract you.
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.
Is Bitcoin trustworthy? Yes, absolutely!
Is Bitcoin worthy investment? That is up to you to decide. Bitcoin investments are not without risk. But never invest your money based on someone else's opinion.
Are the platforms trustworthy? It depends on the platform. While some platforms can be considered trustworthy, others may not meet the same standards.
The best thing you can do is to buy Bitcoin and store it yourself. That is the whole point - Bitcoin operates independently without the need for banks, intermediaries, custodians, or other platforms.
What platforms are you using? Is it Ponzi? HYIP? We need more information, as we really don't know why you've said that bitcoin isn't trustworthy. My best guess is that for sure you've invested in someone and you've been scammed, and now you are blaming bitcoin. Try to check the history of bitcoin and see with your own eyes if it is still not trustworthy. A ton of people invested in it, and a ton of people also got rich on it. You need to learn more about bitcoin. Try to explore this forum. You'll gain tons of knowledge here and see the real perspective on bitcoin.
Define your goals and where you are going to do it. don't do what you are not good at because it is indeed asking like this for the bitcoin community just like @Furious 7 said the answer will only be the same as the trust in it because we are in the environment of crypto and bitcoin lovers. Unlike if you ask elsewhere.
I think you have to realise that this cannot be convinced just by asking because this needs more learning because if you only ask on the bitcointalk forum I actually feel that you already know what the answer is and actually doubt it so you need to look for independent information or research further so that you fully believe it.
I think you have to realise that this cannot be convinced just by asking because this needs more learning because if you only ask on the bitcointalk forum I actually feel that you already know what the answer is and actually doubt it so you need to look for independent information or research further so that you fully believe it.
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.
There are many topics like this and I think instead of creating a new thread you better read some related threads about this because in the end the conclusion is still the same.Even though there will be many different opinions, when referring to beliefs, I think the conditions will not be much different from before.
You cannot follow other people's beliefs in this matter because you yourself must determine whether you believe it or not and that can all be obtained when you study further in terms of observation and learning that must be done.
Asking the trust of the people who are here who can be said as a community for bitcoin the answer will still be the same because trust is the last thing that is definitely the answer so I think asking this to bitcoin lovers is clear like dropping a drop of water into the sea because all the conclusions will be the same.
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