Post
Topic
Board Bitcoin Discussion
Re: It's Bitcoin trust worthy
by
Lorence.xD
on 29/06/2023, 05:08:50 UTC
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.

Nowadays there are no trustworthy assets to invest into, since even fiats are at a high risk of inflation.  As for trustworthiness of cryptocurrencies in comparison with the other assets... I suppose it's quite suitable for long-term hodling, and, in case of fiats inflation there is a chance to save money via crypto. However, there is just a chance, not guarantee, since in case of fiats inflation, cryptocurrencies can become cheap too.
Everything has risks, but it cannot be said that there are no assets worth trusting. If you don't trust bitcoin, why would you invest in it? Bitcoin is very reliable to invest but don't put all your trust in it but instead, always have a backup plan for yourself. Furthermore, if assets are compared to find the most trustworthy, then bitcoin can also be the most trusted asset because its decentralization provides the most fairness for everyone. When we have full control over our assets, it is truly a trusted asset.

True, if you're gonna put your money in centralized system and it happens to be a scam company then your assets would be in danger. Which is risky, where in Bitcoin controlled by it's user their funds since it's decentralized then for sure it would be consider much trustworthy. Only difference is that in centralized there are safety of the user as they have security. When it comes to decentralized, it's up to you if you funds would be loss at all but when it comes to security, you are anonymously having transactions. It just depends on the person whenever where he/she feel safe to put all their funds or to invest with, just do your own research to find your suitability and convenience.