Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a Safe Haven for Your Money?
by
imstillthebest
on 31/01/2020, 16:19:05 UTC
There is no one safe haven for your money. If you want to be a successful investor, diversification is important so that you can survive all economic conditions. Most billionaires have a plethora of investments in their portfolios including businesses, stocks, real estate, art, oil, precious metals, and crypto.
Agree, bitcoin has been identified as a place to invest money and when we become an investor, there is no safe place when we bet on something, Bitcoin is even more dangerous than other investment places, when we invest in stocks and real estate, we will at least have clear sources of information and artifacts. While investing in bitcoin is only a virtual currency and is not monitored by the government, information can be leaked and corrected, fraud can occur, the only benefit is a profit beyond imagination

Somehow I believe these.
If anyone is under control of your money like it is in an account or something, the safety isn't guaranteed. Looking outside crypto, even those who had invested in banks probably aren't even safe. The security admin in it has the absolute control of the data stored in the establishment, and that's why they're really highly paid.

bitcoin is dcentralized and there are also decentralized wallets   .

 youll  choose those so that you can assure that you have a full controll in your coins and your accounts security  .  but bieng online is not safe  .  you better secure your coins on a offline decentralized wallet or hardware wallet . i still dont know if you can still hacked but the only threat is how you handle your harware wallet because there are natural accidents where your wallet can be in dangered  .