Safety can not come to the bitcoin investor - page 2.

Xardasim

sr. member

Activity: 1624

Merit: 250

Quote from: stayeduptolate on October 27, 2018, 04:17:49 PM

Quote from: haanhictu on June 30, 2018, 03:38:46 AM

Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk

Well, if you are thinking of investing your money for gaining some profit then you should risk your money and if you are thinking that you can save your money in bank or something then I must tell you that that's the best way to burn your money as it won't make your money grow as the intrest your bank provide is far less than the inflation rate. Now talking about investor safety, they can store their bitcoins into a hardware wallet or maybe make a couple of backups and store them in different places to make sure they have reliable security and also never access your wallet on a public computer as risk of getting hacked is pretty high.

Absolutely true. If you are looking for a safe place, maybe pillow, but there is also possibility of being stolen. However, the security level of hardware wallets is millions of times more than banks. If banks do not have their own earnings, they will never give you interest or credit.

stayeduptolate

hero member

Activity: 980

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Quote from: haanhictu on June 30, 2018, 03:38:46 AM

Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk

Well, if you are thinking of investing your money for gaining some profit then you should risk your money and if you are thinking that you can save your money in bank or something then I must tell you that that's the best way to burn your money as it won't make your money grow as the intrest your bank provide is far less than the inflation rate. Now talking about investor safety, they can store their bitcoins into a hardware wallet or maybe make a couple of backups and store them in different places to make sure they have reliable security and also never access your wallet on a public computer as risk of getting hacked is pretty high.

Screamshot

jr. member

Activity: 140

Merit: 2

FUTURE OF SECURITY TOKENS

You are right about everything having it's own risk but also this risk which can be completely eradicate can be minimised by applying some good principles that why before going into trading you ought to do a good research as to understand what it's entails

Silberman

legendary

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Quote from: shanghai on October 26, 2018, 11:32:03 AM

In my opinion, investing in Bitcoin comes in two directions. If you invest in Bitcoin at the right stage and you are knowledgeable about Bitcoin and you are limiting your risk.Bacause No one is absolutely safe.

This is what a smart investor does, it is impossible to avoid risk because the more risky the investment the greater the profits, what an investor should do is to try to limit his exposure to risk and to have very definitive rules about the amount of risks that he is willing to take and to never violate those rules, if he does that then he is going to become a successful investor for sure.

budiarmed

copper member

Activity: 381

Merit: 1

Every investment has risks and can also provide benefits, and from that you must have the knowledge so that you can avoid risk and can get more profit from the investment that you will choose.

ruybanoya

newbie

Activity: 47

Merit: 0

invest in bitcoin are safe for now.

shanghai

full member

Activity: 277

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In my opinion, investing in Bitcoin comes in two directions. If you invest in Bitcoin at the right stage and you are knowledgeable about Bitcoin and you are limiting your risk.Bacause No one is absolutely safe.

blackhawkeye1912

sr. member

Activity: 784

Merit: 250

Security is one of the important aspects of cryptocurrency that needs more attention. Hearing those news about hackers stealing those bitcoins at will, this makes bitcoin not a safe place for investors. So, this problem should be resolved as soon as possible.

boakyei

member

Activity: 358

Merit: 11

There is no doubt that bitcoins investors don't face risk as it can be found in every venture but the most important thing is that bitcoins can be safeguarded with the proper practice and measures like keeping account safe from hackers, visiting the correct website without getting phished and use of 2fa to access your account.

SventraPapere

full member

Activity: 410

Merit: 100

Danger and risks await us everywhere and always.But this does not mean that you need to close in a soft white room and do nothing else.This is stupid.Cryptocurrency is certainly a risky asset, for which you get a high income.There are a lot more risky than the deposits.I will not even enumerate.You know everything.You need to calm down and just go about your business,smoothly with the flow.

TessaFrackie

newbie

Activity: 8

Merit: 0

The crazy bitcoin fluctuations can see this virtual currency is certainly not for the weak hearted investors or have a history of cardiovascular disease, high blood pressure, and weakness. However, many investors are still interested in this market, which has helped investors to make huge profits.

jakezyrus

full member

Activity: 714

Merit: 100

Quote from: Sadlife on October 26, 2018, 04:37:22 AM

There's no safeguard when it comes to crypto currency because it is so unstable and volatile tomorrow the price may pump or dump. Even other resources like gold, dollar and oil they're not always in an uptrend road they can sometimes fluctuate and go down. That's how traders profit.

volatility is normal on cryptos because that is thier special ability on why they attract more investors . volatility is advantage because it helps us to buy cryptos at a lower cost and we can also earn a lot of profit if ever the price pumps , thanks to volatility again .

even hacking and scamming is also a normal thing because that always happen especially when we are online because anyone can do and pretend to be someone due to the anonymity that online brings .

but still we can still do something in order to avoid them , as they are now many methods that we can follow to secure our cryptos .

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

You can't rely on the security that the site owner offers to their visitors or subscribers. You as an investor needs to protect yourself by using other means of securing your account. One example that we always take for granted is the password, I am guilty of this myself. Before I am using easy to remember passwords from my date of birth, name of my mother plus her year of birth, I even come up with a patter like this month will be password1, next month will be password 2, using a password generator is a good idea as it gives out random password that you can use and it uses special characters and some letters are uppercase giving out a very strong password.

Coltpython

member

Activity: 700

Merit: 11

The truth is that nothing is safe in this life. Let every investor take care of their assets in the best way possible. If you are scared of wallet hacking then make use of a cold storage like ledger or trezor. You don't want to miss out on the bitcoin boom because of fear

Sadlife

sr. member

Activity: 1400

Merit: 269

There's no safeguard when it comes to crypto currency because it is so unstable and volatile tomorrow the price may pump or dump. Even other resources like gold, dollar and oil they're not always in an uptrend road they can sometimes fluctuate and go down. That's how traders profit.

doodle07

member

Activity: 311

Merit: 10

Investing is so much of risk to take and for me knowledge will be my safety, if you have the right knowledge you can be able to protect your investments from unnecessary risks, so just exert an effort to learn more for it will be the key to success.

Carrelmae10

member

Activity: 588

Merit: 10

..all that you are doing if it involves money,,there is a risk,,but it is up to you on how you will going to handle the situation..we don't know what will happen in the future,,what we will going to secure is that we make sure that we are doing what is right and just..in the part of investment,,make sure that you are investing the money that you are afford to lose so that you can overcome the thing that you have lost..

rudox

full member

Activity: 476

Merit: 100

Live itself is risk and so there is nothing worth anything that is not laden with risk, this is natural. But when we take risks it has to be a calculated risk that will succeed. So bitcoin business is not excluded in business risk despite how secure we may claim blockchain transaction is. So if you are a hoarder of bitcoin taking the risk to buy at a certain price so that you can re sell when the price goes up. This is also risky because you might go in to market and buy at a predetermined price and instead moving as expected upwards the price nosedived and continue in that direction. No body is exempted from risk when business is invoved.

javainn

full member

Activity: 733

Merit: 100

Quote from: kucritt on October 25, 2018, 07:01:14 PM

in bitcoin risk is the biggest problem, but with the big risk in bitcoin investing and trading, we can get the big profit too, so we can get the big risk and the bit profit with the same time, we should believe with our decision in trading or investing

before investing in bitcoin, it can be used as a choice of confidence because we can continue to be one of the best ways to be used as an additional profit. including investors if investing or trading bitcoin certainly has problems and risks, it all lies in how these investors face and take advantage of the situation.

BillyWallows

newbie

Activity: 5

Merit: 0

Electronic money is becoming more popular than ever, with the most famous being Bitcoin. In many places, Bitcoin is also capable of trading goods and services online. Even in some cases, it is used for real-life use, but its price is extremely volatile, causing many investors to worry. Besides the risks, the bitcoin market has brought high profits to investors.

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