$BTC
Is BTC Bitcoin 100% safe? Every investment carries a certain degree of risk. While Bitcoin can be stored securely, potential risks include volatility and the impact of potential regulation.
Is investing in Bitcoin safe?
It's important to remember that, like any other investment, Bitcoin also has risks. For example, BTC is highly volatile and has experienced dramatic price fluctuations throughout its history.
However, as long as you are willing to bear the risk of potential economic downturns, BTC is generally safe!
While it was difficult to purchase and store Bitcoin securely in the early days of its history, investing in BTC is now safer than ever. Exchanges like Coinbase and Kraken are trusted by millions of investors and institutions worldwide. Meanwhile, hardware wallets like Ledger use state-of-the-art security technology to prevent hacking.
In 2024, Bitcoin ETFs were approved for the first time—indicating that this asset is now accepted by traditional financial institutions!