Post
Topic
Board Economics
Re: Is Bitcoins safe?
by
Perman
on 04/10/2016, 17:50:00 UTC
I see that discussion is about safety of wallets, but i think that the topic question is about of whether investing in Bitcoin is safe.
In fact, Bitcoin is still in experimental phase, so it is hard to say that it is completely safe.
To be honest, at the moment, more important it is the belief that Bitcoin succeeds. Wink
Yeah I mean a wallet is only as safe as you make it. A password protected wallet is safer than a wallet in your pocket though is what I believe. The investing is safe imo now that halving is around the corner.

it is correct a digital wallet is more secure than a wallet in our pocket, a robber can rob the wallet in our pocket but they don't know about our digital wallet and so they are protected.
Bitcoin is safe to use if you know what you are doing because if you do not know know what to do then I recommend you do not make use of Bitcoin.
But if you know what you do and who you can trust then you should be alright.

What you said is very general, it can be applied to any investment or the currencies we use at present.