Is Cryptocurrency Safe? Why Now Is the Best Time to Invest in Crypto

Crypto offers opportunities, but for novices, the journey can feel like a rollercoaster—wild, promising, and unpredictable. Even seasoned investors must tread carefully.

Last week, Bybit fell victim to the Lazarus Group, a notorious hacking outfit allegedly tied to North Korea. The exchange lost $1.4 billion in what might be the largest crypto heist ever, eclipsing past losses like Coincheck’s and the Ronin Bridge exploit.

Combine this with a flood of meme coin scams, and thousands of rug pulls—some shockingly linked to high-profile figures like presidents—and it’s tempting to see the crypto market as a house of cards poised to collapse.

This raises two questions: Is crypto safe? Or, more intriguingly, could this chaos—paradoxically—make now the best time to dive in, focusing on opportunity over noise?

Crypto Investment Has Its Risks

There are two sides to this story.

The harsh reality is that crypto’s decentralization puts users in charge, which isn’t always a strength. Not everyone exercises equal caution, meaning crypto isn’t inherently “safe” in the traditional sense.

The Bybit hack highlights the vulnerability of centralized exchanges. They’re not alone—Binance, KuCoin, BitStamp, and others have all suffered breaches in the past. Hackers can exploit flaws, drain funds, and leave investors empty-handed on these platforms, where users surrender private keys.

But centralized exchanges aren’t the only targets. Even on decentralized platforms, scammers lurk. Meme coin scams thrive on hype, luring novices most of whom are actively chasing quick 50x gains only for them to lose money.

In 2025, hundreds of millions have been lost to meme coin scams and rug pulls, some allegedly orchestrated by influential figures like presidents.

Managing Risks Is Top Priority—Why Best Wallet Stands Out

While safety matters, the smarter approach is managing risks—a critical priority. Fortunately, there are many tools to help crypto holders stay secure.

Options range from cold wallets to hot wallets, catering to different needs. These secure solutions let traders confidently tap into top meme coins, knowing they can mitigate risks if trouble arises.

One standout platform is Best Wallet, a multi-chain crypto wallet boasting over 250,000 monthly users.

Best Wallet has surged in popularity recently thanks to its unique features. It’s secure, includes an in-built decentralized exchange (DEX), and has been fully audited.

The recent Best Wallet v2.5.1 release on iOS—ahead of Android—adds direct Bitcoin support, making it truly multi-chain.

Users can now swap BTC with enhanced security and optional cloud backup. To access this update, users must re-sign up. However, as a precaution, they should manually back up their private keys beforehand.

Beyond this, Best Wallet offers an “Upcoming Tokens” feature, curating some of the best cryptos to buy for investors to explore.

Users get exclusive access to top projects, such as the ongoing BTC Bull presale and others, blending security with investment potential.

Best Wallet (BEST) Presale: Details

Best Wallet ranks among the top crypto wallets to consider in 2025. New users can download it for free from the Apple Store or Google Play Store—no KYC required.

So far, the Best Wallet presale has raised over $10.5 million, driven by its compelling offerings and continual upgrades.

Each BEST token currently trades at $0.024125, with staking offering a 152% APY.

Take note: The more users stake, the lower the APY.

Those who buy now will receive higher yields, and as interest surges, thanks to the wallet’s blend of security, functionality, and growth potential, BEST prices will only rise, meaning you will have to spend more.

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