How safe is Bitcoin?

in #btc6 years ago

How safe is Bitcoin?

Screenshot_2018-09-08-10-37-08-1.png

In talking of security and safe keeping Bitcoin is safe as long as we know how to keep our credentials, accounts details, private keys and personal data to be safe.

Our ignorance will not be a reason if we will not ensure the safety of our Bitcoin but in talking of how safe is Bitcoin as investments then i could say there is no guarantee of the safety becauase it is very risky specially now that the price is constantly fluctuating so better think twice before joining.

The point is never to give anyone access to your existing bitcoin wallet. Simply save yourself for your access code because with it no one will ever be able to hack the wallet to store your bitcoin. You just have to save the code if there is something you do not want as you are sick, give the access code you have saved to your family.

, i also think that it maybe stolen or hacked sometimes that is why i don't put it in just one account, i cashout some of my bitcoin and the other i put in my alternative bitcoin wallet also and i install antivirus and spyware to my pc for the best extra precautions

Sort:  

Congratulations @maagooul! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<p dir="auto"><a href="http://steemitboard.com/@maagooul" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><img src="https://images.hive.blog/768x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png" srcset="https://images.hive.blog/768x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png 1x, https://images.hive.blog/1536x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png 2x" /> Award for the number of posts published<br /> <a href="http://steemitboard.com/@maagooul" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><img src="https://images.hive.blog/768x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png" srcset="https://images.hive.blog/768x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png 1x, https://images.hive.blog/1536x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png 2x" /> Award for the number of upvotes <p dir="auto"><sub><em>Click on the badge to view your Board of Honor.<br /> <sub><em>If you no longer want to receive notifications, reply to this comment with the word <code>STOP <p dir="auto"><strong><span>Do not miss the last post from <a href="/@steemitboard">@steemitboard: <table><tr><td><a href="https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2018-09-07" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><img src="https://images.hive.blog/768x0/https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png" srcset="https://images.hive.blog/768x0/https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png 1x, https://images.hive.blog/1536x0/https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png 2x" /><td><a href="https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2018-09-07" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">SteemitBoard - Witness Update<tr><td><a href="https://steemit.com/steemfest/@steemitboard/steemfest-steemitboard-support-the-travel-reimbursement-fund" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><img src="https://images.hive.blog/768x0/https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmawPYDAwfrQM8YU6ejD1f87g64cvsmEFn8RQKHJMs4zxg/image.png" srcset="https://images.hive.blog/768x0/https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmawPYDAwfrQM8YU6ejD1f87g64cvsmEFn8RQKHJMs4zxg/image.png 1x, https://images.hive.blog/1536x0/https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmawPYDAwfrQM8YU6ejD1f87g64cvsmEFn8RQKHJMs4zxg/image.png 2x" /><td><a href="https://steemit.com/steemfest/@steemitboard/steemfest-steemitboard-support-the-travel-reimbursement-fund" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">SteemFest³ - SteemitBoard support the Travel Reimbursement Fund. <blockquote> <p dir="auto">Support <a href="https://steemit.com/@steemitboard" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">SteemitBoard's project! <strong><a href="https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Vote for its witness and <strong>get one more award!

Thanks so much

Thank you for your interest in my subject

Any investment of any kind is not risk-free as well as Bitcoin
As for security, keeping your login information secure and remote from anyone will not expose you to hacking and theft with all the precautions in your system

Thank you for your interest in my subject

Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.Congratulations! This post has been upvoted from the communal account, @minnowsupport, by maagooul from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.