Is our money safe in crypto?

[Domithra]

I can vouch for crypto here from a personal experience. There are numerous banks in my country which have been closed down by the government because they do not meet the requirement of the central bank of my country. These banks are closed without paying the people's money.
With crypto, you are the master of your own finances. The total security to your money depends on how well you keep your wallet login details.

[TERMINO]

Money in crypto is more safer than money in banks. Even though there are risk in crypto but it is much risky in banks.

[vegasus]

Yes, of course. Investing in crypto is seen as a safe asset such as gold in developed countries such as Europe and Japan. They often save money in the form of Bitcoin other than in gold. So you don't hesitate to invest in crypto.

[djprobsbd]

Of course, your money will safe in crypto when it's in the wallet with high secure.

[ipanks]

I can vouch for crypto here from a personal experience. There are numerous banks in my country which have been closed down by the government because they do not meet the requirement of the central bank of my country. These banks are closed without paying the people's money.
With crypto, you are the master of your own finances. The total security to your money depends on how well you keep your wallet login details.

I think our money safe in crypto as long as we can keep the private keys in a safe place and only you that know. But in crypto, you need to be aware of the price because the price of every coin will fluctuate and it is always changed in every day. So you need to think more about this, and you can get the solution to anticipate the fluctuation of the price.

[Guerreiro]

Yes. The security of the account for the crypto users always depends on them, on how they keep their private key secure. Meaning the risk of security is directly from the owner not from the others.

[Anzal RK]

I think that is safe when we choose a good wallet.
If Ethereum blockchain or erc20 i use my ether wallet and for bitcoin wallet i use blockchain.info.

[yousufatik]

Money invested in crypto is not without risks. There are risks of wallets or exchange getting hacked or losing your private keys. Also, no guarantees if the altcoins one invested in will give high or positive returns.

[KaptenCacing]

no one can give u guarante if ur money will be safe there
ur money is ur own responsibility

[Lighthouze]

Your money isn't safe in crypto, in the bank, at home, nor anywhere for that matter. There's risk involved in virtually every sphere of making money, whether in crypto or traditional stocks or futures. So the security of your money in crypto is dependent on how secure you carry out your dealings online.

[danivan7]

If you are buying good coin, i think crypto is best way for investment.

[Mbah Jenggot]

I can vouch for crypto here from a personal experience. There are numerous banks in my country which have been closed down by the government because they do not meet the requirement of the central bank of my country. These banks are closed without paying the people's money.
With crypto, you are the master of your own finances. The total security to your money depends on how well you keep your wallet login details.

Yes I agree mate. I think The total security to your money depends on how well you keep your wallet login details. We must be carreful to keep it. Dont save It in handphone, I prefer safe in email.

[Marryan]

With crypto, you are the master of your own finances. The total security to your money depends on how well you keep your wallet login details.

You're right, but didn't you think about the rates? Crypto is not so stable as the real currencies are, so you're still in a risky way as you can invest 1000$ and withdraw only 100$ if the market will fall.

[etoker]

Since the system is not fully formalized yet, there are several doubts about security. However, the cyrpto community provides an accessible and transparent environment for all individuals without security weakness.

[Speaker]

Many governments and banks therefore do not approve of cryptocurrency-they see if not a threat, then competition. Cryptocurrencies give great freedom-from cheap transactions to transfers anywhere in the world.