Is Bitcoin safe from hacking?

[Charlotte]

Is Bitcoin truly impenetrable to hacking, and what level of security does it offer against cyber threats? What are the recommended security practices for investors to safeguard their digital assets in the cryptocurrency world?

[Kaile]

Bitcoin's blockchain is highly secured because of its decentralized nature (no single person or group can easily manipulate or shut down the network) and cryptographic algorithms (creating unique, complex codes), which are nearly impossible to hack.

Certain exchanges, including personal wallets, pose vulnerabilities. For long-term holdings, don't store your assets on exchanges. So for larger holdings, it's advisable to use hardware wallets. Always use strong passwords and enable two-factor authentication.