I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Every time is the right time to buy bitcoin when you are talking about the long term investment with it. Because the bitcoin is great for long term investment, And then the bitcoin price is increasing every year so bitcoin will be god if you buy it and sell it maybe after a few years it will became a huge earning. So for me no risk at all because I trust bitcoin.
I can't agree 100 % with your thinking.
Bitcoin, or any other investment, either in crypto currency, HYIP or trading, is always risk, don't forget it.
We can't know what can happen with bitcoin in the future.
It's possible that some other crypto currency will replace bitcoin and become more popular.
In such scenario, less people will be interested in bitcoin and bitcoin price will go down.
In my opinion, perfect time to buy bitcoin was a few years ago, when we could buy bitcoin relatively cheap, for $ 200 or 300.
Now, if we want the same profit, btc price should be around $ 6000-8000 what is very difficult to achieve.
So, please be realistic here and don't expect big profits.