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Protected101
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October 18, 2017, 10:53:50 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?
The biggest risk of holding a bitcoin is when you put in your wallet and the value of bitcoin goes down or drops down.There is always a risk in investing loosing all your money in investment if the market crashed down it will be more risky for traders.But trading is not always risky when the price value is good or higher your money can be profitable ,invest what you can afford and dont loose all your money to be safer at a time. |
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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ehrz22
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October 18, 2017, 11:26:48 AM |
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There is always a risk when you invest. First, the value of btc is unstable and we cant tell what will happen in the near future. Let's say the price now is going up but we cant tell when it will go down again. There is a lot of factors to consider, some says there is a price manipulation, and there are also different issues that affects btc price. You just need to invest the amount you can afford to lose.
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el kaka22
Legendary
 Offline
Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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October 18, 2017, 05:10:36 PM |
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Just invest what are you willing to lost...never all out if you are curious in this Bitcoin... Probably i can say all thing in this world got risk...its how you manage the risk...  This is true. We are all very optimistic but bitcoin is still in its early phase and until we are sure there is nothing that can really stop it and the adoption is huge, then we still just have to keep our fingers crossed and hope for the best. No one wants negative situation, but if they happen, at least, investing what you can afford to lose will help your situation. Still, this is really not easy knowing the higher you put the more the risk involved and the more you make once the value shoots up. |
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MAJICOIN
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October 18, 2017, 06:06:20 PM |
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Always there is a risk involved in the currencies of its holding. If we hold currency for a long period of time and if devalue then the value of our money will less as compared to the previous. we should look at the stability of that currency and the value of that currency and instead of keeping I think bank deposit will good in spite of our original money you will receive extra income in the shape of profit.
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Gameroid
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October 18, 2017, 11:57:39 PM
Last edit: October 19, 2017, 12:38:21 AM by Gameroid |
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Always there is a risk involved in the currencies of its holding. If we hold currency for a long period of time and if devalue then the value of our money will less as compared to the previous. we should look at the stability of that currency and the value of that currency and instead of keeping I think bank deposit will good in spite of our original money you will receive extra income in the shape of profit.
Yes risk is always involve in all types of trading and investment. therefore we can also expect that there will be risk in bitcoin holding. Because no one know about the price of bitcoin that either it will continue increase or decreasing, but i think that in current time we speculate about the price of bitcoin we can say that more chances are that the price of bitcoin will continue increasing for a long time. |
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pinoyden
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October 19, 2017, 12:21:17 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?
i think theres no really risk at all if you have patince to wait because bitcoin can recover if its value suddenly drops , so theres nothing to loose at all rather than you can possibly earn such good amount of profit if your hold your coins for a longer time. so i suggest youd better wait first for the bitcoin to decrease or drop in order to buy more cheaply and make a good discount. |
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Casdinyard
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October 19, 2017, 03:01:44 AM |
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There is no doubt that Bitcoin is just an unreal currency and If the market is crashed, all your asset will disappear, haha. But I believe that it won't happens.
Everything can be happen as we don't control the situation and no one can really tell. Yes there are still a risk but the chances of it are low. Like by holding bitcoin, of course you risk your money without the assurance of getting a sure profit. But the thing is, we trust enough bitcoin to this because many seeing this as the future in digital currency. The bottom line is, we believe and trust bitcoin that's why we hold it. |
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entrepmind23
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October 19, 2017, 03:20:51 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?
You risk of having a worthless coin in the future if people decided not to use bitcoin anymore. Bitcoin is having worth right now because of the strong demand of people and due to its limited supply, it keeps going up but remember that it is worthless before so there is a possibility that it could become worthless again. You should only put money into bitcoin if you can afford to lose it because anything can happen. Though you cannot imagine now that bitcoin could become worthless again, there is still that possibility so diversify your investment and not focus on bitcoin only. |
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syamster
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October 19, 2017, 03:59:01 AM |
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Always there is a risk involved in the currencies of its holding. If we hold currency for a long period of time and if devalue then the value of our money will less as compared to the previous. we should look at the stability of that currency and the value of that currency and instead of keeping I think bank deposit will good in spite of our original money you will receive extra income in the shape of profit.
i do not think that holding currency is risky i think its profitable when we hold any currency like as bitcoin and i am also a bitcoin trading i mostly hold bitcoin for higher price when bitcoin price rise to highest value then i sell it with highest price and get a good amount of profit. |
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bncbnc
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October 19, 2017, 04:50:37 AM |
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Always there is a risk involved in the currencies of its holding. If we hold currency for a long period of time and if devalue then the value of our money will less as compared to the previous. we should look at the stability of that currency and the value of that currency and instead of keeping I think bank deposit will good in spite of our original money you will receive extra income in the shape of profit.
i do not think that holding currency is risky i think its profitable when we hold any currency like as bitcoin and i am also a bitcoin trading i mostly hold bitcoin for higher price when bitcoin price rise to highest value then i sell it with highest price and get a good amount of profit. Holding bitcoin mean investing your money in bitcoin. In fact no one know about the price of bitcoin that either it will increase anymore or will decrease. Therefore we think that holding bitcoin is risky. but i think if a person want to make money then it is too much important to invest your assets in some business and take the risk, because without risk there is no chance of making money. People have reached to their higher position because they have taken risk and now they are in their best position. |
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jack21miner
Newbie
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Activity: 1
Merit: 0
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October 19, 2017, 05:05:02 AM |
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We should only invest in what we know ... Study a little more about this market ... Very unstable and need to have nerves of steel for a great fall of value .... A tip read about Jesse Livermore.
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Cacagraced
Newbie
Offline
Activity: 2
Merit: 0
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October 19, 2017, 05:26:19 AM |
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What is the best thing i can do with my bitcoin???
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Weawant
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October 19, 2017, 06:07:52 AM |
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Always there is a risk involved in the currencies of its holding. If we hold currency for a long period of time and if devalue then the value of our money will less as compared to the previous. we should look at the stability of that currency and the value of that currency and instead of keeping I think bank deposit will good in spite of our original money you will receive extra income in the shape of profit.
i do not think that holding currency is risky i think its profitable when we hold any currency like as bitcoin and i am also a bitcoin trading i mostly hold bitcoin for higher price when bitcoin price rise to highest value then i sell it with highest price and get a good amount of profit. Holding bitcoin mean investing your money in bitcoin. In fact no one know about the price of bitcoin that either it will increase anymore or will decrease. Therefore we think that holding bitcoin is risky. but i think if a person want to make money then it is too much important to invest your assets in some business and take the risk, because without risk there is no chance of making money. People have reached to their higher position because they have taken risk and now they are in their best position. And for this we shouldn't risk our money on unsure investment since there are some clear particulars on where we can earn the most, just like with bitcoins if people go invest there money before then they are the most luckiest human alive since there capital folds for so many percentage. But if you can't afford to risk on the flactuations bring by this coin then the crypto's is not for you and maybe you should create another physical business and maybe there you can excel and earn more. |
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taeewo
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October 19, 2017, 06:49:10 AM |
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Everything in life is risk, so thinking about the risk wont make someone to progress..
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kevpantof
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October 19, 2017, 07:14:51 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?
Holding bitcoins is not risky, many investors are converting their cash to bitcoin for them to hold it because they know that bitcoin is very secured currency unlike other currency, so they know they will earn a huge profit on it just by holding it and that is the reason why bitcoin price continue increasing as we saw in its market capitalization. Holding is the best thing and those who bought bitcoin at 60 USD and they hold it for the long term and then they cashed out it now they are the most richest persons of their circle and most of investors are doing this because holding always bring a lot of profit and this profit may be up to thousands of dollars so if anyone want to get good piece of profit he must buy and hold for long time. |
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Victorycoin
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October 19, 2017, 07:16:20 AM |
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As long as the growth keep on continue, then you got nothing to worry, you just need to make sure your wallet got a tight security and you dont lose your private key, the only unpredictable problem is maybe the government will make regulations or banned bitcoin
The one and only unpredictable thing with Bitcoin is its price, other things including governments regulations and ban is of little or no consequence or can be readily taken care of. Although there is a strong bias for a bullish Bitcoin, but that does not presuppose that a dive in price could never occur. It is still a possibility that the bullish trend could be continued after price bottomed out. The suggestion there is that the purchasing price is a factor not to be taken for granted while setting out to buy and hodl. |
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sydcrypt
Newbie
Offline
Activity: 39
Merit: 0
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October 19, 2017, 07:27:21 AM |
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HERE ARE SOME POTENTIAL RISKS:
1. The much anticipated bubble, where the price may just crash really low
2. Government ban worldwide, where it says holding a btc is an offense and wouldn't let u convert it to fiat currency
3. Online wallet being hacked and money stolen
4. The exchange turns out to be dubious one and just shuts down without even informing you.
5. Loosing it permanently in network by providing wrong address or wrong wallets address which are meant to store other coins
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aimata27
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October 19, 2017, 07:27:54 AM |
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The one and only biggest risk of holding a bitcoin for long is if its value decreased into the smallest amount in the future.
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MrCrank
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October 19, 2017, 07:30:53 AM |
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Holding bitcoin is not risk!
This is safety for your bank.
Price rising again.
If not hold, you can lose in gambling or invest to bad project. I prefer hold it.
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rickadone
Legendary
Offline
Activity: 1176
Merit: 1024
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October 19, 2017, 11:44:47 AM |
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In every investment you have face the risk, without risk it is not possible to find the gain from investment you are going. The best suggestion is always invest where if you loose that it should effect your personal needs.
Risk is just something we cannot stop facing in any investment. The difference is that the risks are usually higher than each other. Interestingly, the larger the risks, the more the possibility of gaining even more. Bitcoin has been around now for years and that apparently has reduced the risk from high to mid risk investment and that is something and only time will tell whether those who took that huge risk today will be happy they did later in future or not. |
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