Ayiranorea
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November 23, 2017, 02:20:30 AM |
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I think the unique real risk of holding Bitcoin is that price drop down and become with low price. This risk is nowadays minimized because Bitcoin keep growing up daily and its value go up as well day after day. So holding Bitcoin actually works and its profitable for the long run.
There is also a small risk that you lose access to your wallet or to your private keys.
The price drop has been mentioned to be the major risk, but it is not. The uncertainty is the real fact, because tomorrow something named bitcoin can go out of usage we cannot go anywhere to make a complaint. Next one is the security which is getting updated, but hackers too learn more tricks to evade and make fool of the users. |
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Sand King
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November 23, 2017, 04:07:14 AM |
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The biggest risk IMO is losing the keys to your wallets somehow. Then all your coins are unrecoverable and you lose 100%.
I am very agree with your statement, because that is very true when we loose our private keys of our wallet, what will happend now for all of our bitcoins we are holding so the best advice is to copying our private in our notes and the other risk of holding bitcoins is when the price of it will dumped very high, but for now i think the price of bitcoin will not dumped, bacause it is still increasing and increasing until now. |
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ictin
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Look ARROUND!
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November 23, 2017, 04:11:56 AM |
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I do not know exactly about the risk of Bitcoin. Because it is too small. It is the biggest coin in the world with limited quantity. It can't be killed.
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swordling143
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November 23, 2017, 07:05:30 AM |
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As I said in the title. I was interested in putting my money into Bitcoin because of the ever-increasing price.
But I want to know what the biggest risk is to hold Bitcoin?
Perhaps the biggest risk in holding onto ones bitcoin would be the stagnant situation where there will be no more growth to your own income. As of now, we need to accept the fact that the regular money or cash is still the one implemented in our system, and people find it hard to eliminate it. Therefore, you still need cash. Not to mention emergency expenses that we might encounter. |
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Cosbycoin
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November 23, 2017, 08:40:06 AM |
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Well quite simply the risk of holding bitcoin is that the price can go down. This can even be an issue even if you are 100% certain that in the long run the price will increase, for the reason that many people invest too much and then later need to liquidate it, this could happen when the price is crashed and then they lose out.
Yes, the only risk to hold bitcoin is of getting your account hacked and there is no other risk I think as bitcoin is a future currency and people will make this happen one day as bitcoin is very flexible in its price. You can also get a every day profit from it so there is nothing to risk here. The risk of getting hacked or losing a password to wallet in more bad. But about profit there is no issue as if there is the record of bitcoin about it price it is always increasing. |
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Kr-sama
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November 23, 2017, 10:08:43 AM |
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Keeping your btc can only outcome into two things its either you'll get the best of it if this get high ..and produce you large quantity of fortune because of your long wait and patience Or worst youll get absolutely nothing as a return its the hardwork ,work and time that you invested just to get your btc. And can all turn into ashes as absolutely nothing. So be careful be wise sufficient To go with the flow from the currency...learn when you should hold on and when to start trading it to avoid difficulties.
This is true. But as far as I've observed. The first one that you said is most likely to happen. In the coming years, more and more people will use bitcoin. And with the supply being limited and the demand increasing every year, its price will definitely increase a lot. |
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GrayFullbuster
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November 23, 2017, 12:09:35 PM |
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As I said in the title. I was interested in putting my money into Bitcoin because of the ever-increasing price.
But I want to know what the biggest risk is to hold Bitcoin?
I can say that holding bitcoin is not risk like holding altcoins. Bitcoin is really full of potential so I can say that the bitcoin is really full of potential! There is no risk of holding bitcoins. |
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icecream sandwich
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November 23, 2017, 12:31:22 PM |
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As I said in the title. I was interested in putting my money into Bitcoin because of the ever-increasing price.
But I want to know what the biggest risk is to hold Bitcoin?
Yhe first thimg that comes to my mind when I had red your topic is the fact that the bitcoins can fall anytime. We all know that the value of the bitcoins are not stable it can also fall amd drops tremendouslyn too, and that is the most risky thing that might happem because all of my money might be worthless or I may have lose a lot of money in these. Imagine if bitcoins came back to being not that expensive all of my holdings will come to an end and all of my hard works too. |
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voztata
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November 23, 2017, 12:42:21 PM |
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The biggest risk IMO is losing the keys to your wallets somehow. Then all your coins are unrecoverable and you lose 100%.
Yes that’s true, losing the keys to your wallet is one of the biggest risk, but that’s when you’re using wallets that doesn’t require registration. With wallets like Coinbase and other online wallets where you have to register first before making use of it, there is nothing like losing your keys, because you are not the one in charge of it, rather the company holds your private keys and you have no access to it. The good side of it is that you don’t have to worry about keys, all you know is just login with your email, but some people believe that online wallets are very risky than offline wallets or wallets where you are given the keys. |
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m1c0
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November 23, 2017, 12:48:51 PM |
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Never invest into something you cant afford to lose. The question is what is your biggest risk you want to take? you could lose all your money by losing your private keys or authorisation to it. Plus you can't guarantee if bitcoin prive will go upwards all the time. What will happen if there is a huge bubble incoming and it crashes down to lets say $1.000 again? would you still hold it? Just some thoughts for you if u can take the risk then go for it, if not then don't simple as it sounds  |
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MAJICOIN
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November 23, 2017, 01:36:17 PM |
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I think the biggest risk involved with bitcoin is the big fall in price of bitcoin suddenly because the users have not enough experience about the crypto currencies market. Like in the investment and buying and selling of few crypto currencies person can become curious about the crypto market as like other markets this market is also affected by many factors in the countries. The risk of holding bitcoin is when you become not availed the benefit from bitcoin when you don’t know that the prices were goes.
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equator
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November 23, 2017, 01:48:46 PM |
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I think the biggest risk involved with bitcoin is the big fall in price of bitcoin suddenly because the users have not enough experience about the crypto currencies market. Like in the investment and buying and selling of few crypto currencies person can become curious about the crypto market as like other markets this market is also affected by many factors in the countries. The risk of holding bitcoin is when you become not availed the benefit from bitcoin when you don’t know that the prices were goes.
That is why when you are investing in Bitcoin then you should also make a target of profit so when to sell the bitcoins because price fluctuation is so high that any time it can go high price and then can also crash and the price can fall also. So it is very risky in holding Bitcoins without target. If you keep watch in btcoin price and when your selling price is their you should start selling as it will come down to some percentage also. |
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suzanne5223
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November 23, 2017, 02:09:00 PM |
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The only risk involve in holding bitcoin is using a wallet which you're the holder of the wallet private keys and keeping the wallet safe from malware/keylogger because the volatility in price of bitcoin usually create pump in price than dump.
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evader11
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Hexhash.xyz
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November 23, 2017, 02:11:07 PM |
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There is no risky of holding bitcoins because bitcoin is different from the other currency. We can assured bitcoin because there are no people claiming that they are scam on holding bitcoins. Bitcoin was already travelled so far so that there is no way to worry about that.
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corroze
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November 23, 2017, 04:05:38 PM |
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I think holding bitcoin is a safe and definitely profitable investment and there seems to be no risk to worry about, due to the frequent price fluctuations in bitcoin, I think this is a bitcoin characteristic and need not be a worry.
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taxmanmt5
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November 23, 2017, 04:52:48 PM |
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I think the biggest risk involved with bitcoin is the big fall in price of bitcoin suddenly because the users have not enough experience about the crypto currencies market. Like in the investment and buying and selling of few crypto currencies person can become curious about the crypto market as like other markets this market is also affected by many factors in the countries. The risk of holding bitcoin is when you become not availed the benefit from bitcoin when you don’t know that the prices were goes.
The risk you mentioned here is genuine and only saving without watching the market is risky. But if you daily or weekly see the bitcoin market, get the glimpse of bitcoin news then you will be all aware of what is going to happen and you can make any decision of selling in case there is a threat. otherwise if all is good keep your bitcoins save. |
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South Park
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November 23, 2017, 08:26:06 PM |
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Bitcoin in long term has no risk i think but if you are observing for short time trading then it may provide you loss due to unexpected movement of their price but if you are holding for long time purpose then you have no risk.
Even holding for the long term has its risk the difference is that the risks are minimized compared to short term trading but at the end you need to remember that no matter how safe you think your investment is there are always risks, even holding gold hast its own risks. |
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ramsdaj28
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اللعنة
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November 24, 2017, 10:39:31 AM |
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As I said in the title. I was interested in putting my money into Bitcoin because of the ever-increasing price.
But I want to know what the biggest risk is to hold Bitcoin?
One of the biggest risks in investing and holding bitcoin is that when you buy bitcoin when its price is high, and then after holding it for a long time, you'll find its price dropping. For the common cases, bitcoin price increases in the cases when there's an upcoming forking. If there's no upcoming forking, bitcoin find its price like the waves in the ocean, where it rise and fall from time to time. The worst thing is that, after a forking, bitcoin price is most likely to drop up to 25%-40%. This is probably because the investors who invested in bitcoin have already received their share of the forked cryptocurrency (for example, the bitcoin cash), and they are starting to withdraw their money from bitcoin and switch to altcoins. |
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lelou
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November 24, 2017, 01:29:51 PM |
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In my opinion and based on the previous flow of bitcoin's price, the risk is less than other coins.
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charlenedave
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November 24, 2017, 01:35:50 PM |
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In my opinion and based on the previous flow of bitcoin's price, the risk is less than other coins.
For me the risk of holding bitcoins, is there are more possibility that it can be hacked by hackers if well not protect or secured it very well, and i think the risk of holding bitcoin is to forget the private key of our wallet, and last risk holding bitcoins is the stability of price of it it can be decrease and it can also increase. |
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