8 Security Facts About Bitcoin All Investors Should Know

The coin history can be tracked by hackers and when this happens, hackers can get the user identity through the Bitcoin address.

Lost wallets
What if you lose or forget your information to access your Bitcoin wallet? Since it's a virtual wallet, you need a password and an email address. If you can't access your email address or you got lost your password, you are seriously destined to lose your Bitcoin. There are so many "lost wallets" with millions of Bitcoin inside them that nobody can use… lost forever unless a hacker can get into those wallets and get that money, but even so, the owner of a lost wallet won't know it nor have a coin back.

Worldwide risks
Although the Australian government decided to protect its citizens who use Bitcoin through strict regulation of this digital currency, the rest of the world offers vague and non-effective measures that leave most investors unprotected. So, the security issues about crypto exchanges run globally and if the Bitcoin system collapses in one part of the world, its effects will have worldwide consequences.