How secure is Bitcoin and how can I protect my investments?

in how •  2 years ago 

Bitcoin is a decentralized digital currency that is built on a decentralized ledger technology called blockchain, which provides a secure and transparent way to store and transfer funds. However, like any other asset, it is not completely immune to security threats and hacking incidents. Here are some steps you can take to protect your Bitcoin investments:

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Store your Bitcoins in a secure wallet: Use a reputable hardware wallet that provides maximum security for your private keys, as this is the key to accessing your Bitcoins.

Use strong and unique passwords: Make sure to use strong and unique passwords for all of your accounts, including your Bitcoin wallet. You can also enable two-factor authentication for added security.

Keep your software updated: Keep your software, including your wallet and operating system, up

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