How safe is it to buy bitcoins

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If your Bitcoin is in South Korean exchange was forced after allegedly being hit by the exchange is compromised.

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How To Buy Bitcoin SAFELY - Step By Step Guide
Yes, it is safe to buy Bitcoin now. However, navigating the world of cryptocurrency can be complex. To ensure a smooth and secure transaction. No, bitcoin is not safer than money. It is not regulated and it's uninsured, meaning that if you're storing it in an exchange that fails, you. The short answer: No. Bitcoin is a particularly risky investment with more volatility than traditional investments of stocks, bonds and funds.

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Choose where to store your crypto There are 2 primary options to consider: Store your crypto with a trusted custodian, or provide your own custody. The downside is that it can be both more complicated and more risky. Our editorial team does not receive direct compensation from advertisers. The benefit of providing your own custody is that it gives you full ownership of your coins. While there is no way to make bitcoin a completely safe investment, there are a few things you can do to reduce the risk for yourself.

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