What is the risk of holding Bitcoin?

[cyberChevan]

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?

If you really believe in bitcoin, you can say to yourself that it has almost no risk in investing to bitcoin. It always depend on how much do you want to risk because I think we always have doubt sometime, and not 100% trust the current position of bitcoin. It is not like buying a phone which deppreciates its value on the next day after you bought it. Bitcoins value is always uprising so maybe the risk is negligible.

[d1ceplayer]

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?

For me the risk of investing in bitcoins is their price, maybe you're holding it for top long that will come to the point that your money will be worth nothing. But that will only happen if and only if the value of bitcoins will drop and will totally fall. And we all know that it will not happen because a lot of big people are in to thia stuff and they will not let their money go to nothing. So the second risk is it might get hacked if their will be a very great hacker that will hack you wallet so bitcoins will not have liabilities to that if that happens. And also the price is not stable so if you hold your bitcoins and spmething happens then it falls and when you needed the money, you will probably cut your loss and thats awful

I think there is no risk while holding bitcoin rather it is good for making more and more money due to holding your bitcoin.

The only risk which the people fear the most is price volatility but price volatility is a part of business because investing in bitcoin is a coin business and you should dare to invest money in bitcoin if you want to earn money in a short time and with ease but sometime the conditions are not in favor.

[bakkang]

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 risky thing about bitcoin is the scammers. It is hard now to hold your bitcoin with different wallet so most of us now is withdraw it immediately. So its up to you how secured the wallet you use in holding your bitcoin. Just take care with the scammers.

[lvincent]

Holding bitcoin for a longterm investment is a good idea you can really have a great profit, bitcoin price is volatile but it never go really down so, i think your biggest risk is what if bitcoin price goes down or it crashed sinced it did'nt happen what if it suddenly happen, are you still gonna hold your bitcoin or gonna let go of them? Its the same to the other coins too not only in bitcoin and you're the only one that can answer that so good luck with your decisions.

[Ayush rana]

The biggest risk on bolding bitcoin is that it might happen that you may not get that much amount in returns that you used to buy because bitcoin value changes every second and let's suppose you buy 1 bitcoin at 5000$ and starts holding it and the price didn't go above 5000$ and it comes on 4500$ to 4800$ so at the time of selling you will wear the loss of 200-500$

[Ewox]

For me I think the biggest risk of holding Bitcoin is that there is a possibility you will lose it all one day. Say for example, you place all your money in Bitcoin alone and as we all noticed recently that Bitcoin had keep on increasing almost every month and what if just what if it is time for halving. So Bitcoin will fall back half of what its current price is, that's really a lot to lose if you place all your money in just one coin. That's just my opinion though.

[Trivelius]

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?

For me the risk of investing in bitcoins is their price, maybe you're holding it for top long that will come to the point that your money will be worth nothing. But that will only happen if and only if the value of bitcoins will drop and will totally fall. And we all know that it will not happen because a lot of big people are in to thia stuff and they will not let their money go to nothing. So the second risk is it might get hacked if their will be a very great hacker that will hack you wallet so bitcoins will not have liabilities to that if that happens. And also the price is not stable so if you hold your bitcoins and spmething happens then it falls and when you needed the money, you will probably cut your loss and thats awful

I think there is no risk while holding bitcoin rather it is good for making more and more money due to holding your bitcoin.

The only risk which the people fear the most is price volatility but price volatility is a part of business because investing in bitcoin is a coin business and you should dare to invest money in bitcoin if you want to earn money in a short time and with ease but sometime the conditions are not in favor.

Bitcoin is an investment and the only risk that is involve in investment is that we cannot predict about the price of bitcoin and therefore there Is always a chance to lose our investment, But if we predict about the price of bitcoin we can say that bitcoin is the best investment in present time and can really give us a good profit.

[Rooster101]

Cryptocurrencies are always associated with risk and bitcoin is one of them. If you want to invest in a risky business you must first learn how to manage a risk and must be prepared to take a risk also. Ho[ding a bitcoin is naturally risky because it is a volatile currency, its price is subject to change without prior notice. Then there is also hackers that might steal your precious bitcoins and bitcoin wallet that you may not be able to open again because of some reasons.

[ongels]

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 risk of holding bitcoin is unpredictable, since bitcoins are highly volatile and it may soar up to the fullest but it also goes down at the bottom of the sea in an instant, Still we cannot really sure the outcome of it. But before you enter bitcoin business, set standards how much you want to loose because everything works like gambling, Success accompanied with win or lose interpretation.

[BabyBoss]

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?

When you entered the world of trading you must always be prepared on losing some of your money and get cry because of what you lose and almost give up but don't quit it just continue because it's not always getting loser rather you will win too.

[sugihe]

What do you think is the biggest risk? You could lose all your money. That's the risk. Are you prepared to hold it long term if the value decreases by thousands? What if it never recovers? Can you take the losses? Nothing is guaranteed.

1000% right. You could lost your capital, thats the biggest risk that we can not ignore. Just prepare yourself to invest the money that you can afford to lose.

[amaral1977]

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 is total loss.right now i could see to possibilities for the LONG term. A major software bug that undermines security. People are increasingly trusting the coin because it´s been proving itself as a secure, decentralized protocol. The other risk is for another crypto asset to really be better and overtake BTC. Think Yahoo and people thinking that Yahoo behing so inovative it would be forever and then came Google:) PUFF

[rickadone]

The only risk is that bitcoin will experience correction before it get to another height.

That is not even a risk. Why would a correction be a risk when it is usually the best time for anyone who would want to get in to even buy more.

Getting to another height is also not a risk and the only thing that makes bitcoin risky is just the market FUD which could cause huge drop in price which could make a weaker hand panic and sell at loss while the stronger ones buy back or probably the whole government worldwide decided to declare war against bitcoin which I do not really see the possibility of that anytime soon or in the nearest future.

[Mumbeeptind1963]

I think there is no risk in holding off Bitcoin.As you know the Bitcoin price increasing everyday so if you want to think for long term holding then it's very profitable for you.And Bitcoin has long history and it is King of all cryptocurrency.so I think btc is the best option for your investment than altcoins.And if you think about the short term investment then it is also less risky than the trading and gambling.beacause in holding you just loss the difference between byuing and selling price.

There is nothing to worry about if you hold your bitcoin in a long time, since the value of it is increase even more, atleast when you have a lots of it you can invest in some cryptocurrency and earn more . But when you hold it in long time you cannot earn through it.

[Lorence.xD]

The biggest risk is that the price crashes to near zero, main reasons for this happening would be some sort of major government cut down trying to stop bitcoin or some major technical failure.

I guess the major risk that a user will encounter upon holding bitcoin is the possibility of it to lower it's value. Because we all know that bitcoin's price is unpredicatable so that we cannot say when it will rise or lower it'd value. We can only estimate but not the exact. You can also have a secured wallet if you're bothered. That's for me is the only risk that you will encounter im holding bitcoin.

[OrangeSeller]

I think there is no risk in holding off Bitcoin.As you know the Bitcoin price increasing everyday so if you want to think for long term holding then it's very profitable for you.And Bitcoin has long history and it is King of all cryptocurrency.so I think btc is the best option for your investment than altcoins.And if you think about the short term investment then it is also less risky than the trading and gambling.beacause in holding you just loss the difference between byuing and selling price.

Only a bitcoin hater can give such illogical statement that holding of bitcoin is risky. There is no risk at all in keeping bitcoin in offline or online wallets for long time rather this method is adopted by maximum bitcoin holders just to make large one with this currency.

Bitcoin is too expensive to be lost in gambling or trading, so the safest method of making money with this coin is to keep it in wallets for long time.

[ThunderCatSteve]

Fear of holding btc, It may crash down to its original value because of its highly volatile, the second, it could be a big threat against theft or scam, The third , Im afraid bitcoins will be banned in our country.

Factors can be considered during holding bitcoin are losing of your keys wallet where all of your personal information data sheet has been erase or hacked and attacking system like virus. And one thing of holding bitcoin is when the time has a very low exchange value a big dump like i saidmakes it a double risk to you.

At this stage, and from research, even newbies should already understand the volatility level of bitcoin and how they can manage their emotions based on past experience once such situations arrive. It can be crazy but knowing what you are getting into before getting into it usually helps in any investment. Security is not really a huge risk if you know how to manage it.

[diskodasa]

The biggest risk when investing in Bitcoin is that Internet is disappeared.  . But I don't think that will happen. Let brave and invest, man!

[haroldtee]

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 risky thing about bitcoin is the scammers. It is hard now to hold your bitcoin with different wallet so most of us now is withdraw it immediately. So its up to you how secured the wallet you use in holding your bitcoin. Just take care with the scammers.

I feel anyone who ends up falling for this kind of risk is just careless. I really do not see this as a risk as there are so many information out there enough for everyone to make sure they are not making mistake giving their details to scammers. I have been holding bitcoin for years and I have never had any issue. Security balls down on each individual and if you classify your asset as something that is worth huge level of security, then you would do what it takes to give it that.

[jennywhzz]

Technically I see more stability in the BTC Crypto world than the FIAT world, but the government here has proven over and over that they will come and bail out the big corps here and the banks, minimizing the immediate risk in FIAT. 

Do not think that most of us here do not see that the long term here for FIAT, because of things like those bail outs is very rough, but for the moment, it is fine.