Quote from: nutella_11 on February 12, 2020, 04:44:38 PM

Quote from: ajeef on January 23, 2020, 01:53:26 AM

The article is linked to a video, you should watch the video first. Yeah but true that any cryptocurrency is never safe to store and for life savings. only people who have strong balls who dare to invest all of their money to cryptocurrency. But in the end if it's running well, they will have a lot of profits compared to any safer investment

Hell yes, cryptocurrency is never safe to store your life savings. It is only safe if you use the proper cryptocurrency exchange. Not every exchange is safe and reliable. I recommend to use one of the most well-known exchanges like for example Kraken or CoinDeal. The second one even has the VQF Swiss License. Another thing is the way you store your coins... The best way is to store them in the hardware wallet. Then you can feel safe, but as I've said there before - it's not the best way of storing life savings.

From a security point of view for Bitcoin funds, the cold wallet is always recommended, the Exchanges are also safe in some ways, there will always be vulnerabilities, for the issue in general, cryptocurrencies or bitcoin in this case it turns out to be Very safe at the moment in countries with high inflation and with everything that has triggered in China by the epidemic makes people rely more on Bitcoin as a safe haven.