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Is BTC a safe investment?

Jim Haastrup
By Jim Haastrup
1 Min Read
Is BTC a safe investment?

There is no such thing as a safe investment. However, Bitcoin (BTC) does have a number of characteristics that make it relatively safer than other investments. For one, the total supply of Bitcoins is limited, so its value cannot be diluted by additional issuance. 

Second, its decentralized nature makes it difficult for governments or financial institutions to manipulate its price. 

Finally, Bitcoin has been around since 2009 and has withstood numerous hacks and setbacks, proving its resilience and security. Nonetheless, BTC’s volatility make it risky for new participants. 

 

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Jim-Haastrup
ByJim Haastrup
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Jim Haastrup is a blockchain and technical writer at Voice of Crypto, where he covers cryptocurrency, NFTs, DeFi, GameFi, and the Metaverse. Before joining Voice of Crypto in 2022, he spent over three years as a senior technical writer across multiple blockchain projects, including Hashtoken, Naxar, and Bino, where he specialized in whitepapers, technical documentation, and content strategy for decentralized finance applications. Jim began his career as a junior technical writer at RM in Canada before advancing to lead technical writing roles at Bulltoken, a cryptocurrency crowdfunding platform in Norway. Throughout his career, he has authored more than 800 articles and collaborated with development teams to translate complex blockchain protocols into accessible content for diverse audiences including developers, investors, and crypto enthusiasts. His work spans ICO/STO/IDO research and analysis, cryptocurrency market trend forecasting, and social media management for crypto brands. Jim has helped numerous startups build their online presence through strategic content marketing, technical whitepapers, and pitch deck development. Jim graduated from the Federal University of Agriculture, Abeokuta (FUNAAB), Nigeria with a Bachelor of Engineering in Electrical Engineering in 2021. Disclosure: No significant crypto holdings.

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