In Copenhagen, the bike theft rate is around 28 per 1000 inhabitants every year. Yet a huge amount of people still bike every day.
I have fixed rear wheel lock fixed to the frame, and a chain lock that I carry around the seat post, and use to lock the frame to a bike rack or other fixed object. Most people do the same.
The biked that get stolen are the very fancy bikes and bikes that are left unlocked or poorly locked. Ride an ordinary bike and remember to lock it, and you'll be fine. Personalize your bike with stickers and such, to make it much less desireable. And get insurance.
I have fixed rear wheel lock fixed to the frame, and a chain lock that I carry around the seat post, and use to lock the frame to a bike rack or other fixed object. Most people do the same.
The biked that get stolen are the very fancy bikes and bikes that are left unlocked or poorly locked. Ride an ordinary bike and remember to lock it, and you'll be fine. Personalize your bike with stickers and such, to make it much less desireable. And get insurance.