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Author Topic: What is the risk of holding Bitcoin?  (Read 19135 times)
ronafurw
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November 15, 2017, 01:02:56 PM
 #481

If you want to invest your money to bitcoin it's better if its only the extra money or invest only you can afford to lose because they have possibility the price of bitcoin decrease . Because we don't know what actual price of bitcoin if it's increase the price or it will decrease. But I hope the price will increase so we can make more profit. More investor to come with bitcoin to increase more the price.
Every investment surely comes with this kind of tag. Never go all in!
Always leave some for unpredictable outcomes, most especially when the unthinkable happens. We can never know the peak of bitcoin right now, so apparently we are stalked somehow with holding for now until when we start seeing some real life usage and some pretty good balance in the value of bitcoin. Every investment comes with a risk, and bitcoin is not an exception.
Personally in my opinion there is no risk in holding coins and patience is required in every real world investment to gain big so this formula is also implemented in the crypto field so don’t ever worry if you are holding your coin because when you are holding your coin they will gains the market values and there will be not a single penny loss in holding so go with your strategy and earn a lot through holding.
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kodes88
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November 15, 2017, 01:24:10 PM
 #482

If we talk about the biggest risk then the answer is definitely you can lose all your money. Holding bitcoin means holding money, bitcoin prices are often up, but we also do not know what the future will be like. Could be the price of bitcoin down even to no worth at all. It does sound strange, but it is always possible, and the slightest possibility should not be ignored.
hynext
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November 15, 2017, 02:11:14 PM
 #483

Well, the biggest risk is losing the value of bitcoin. Put your price alert to your goal amount. I'll give you a example, if you buy 1btc-$5000 and hold in 1 year, your goal is when double the price after a year it became 1btc-$10000 then sell it. It's hard to predict the value of bitcoin.  Second risk is your wallet, Save your password and private key in a safe place.
nicoly
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November 15, 2017, 03:54:39 PM
 #484

The biggest risk is losing all your bitcoins and its values. So just be alert and keep your eyes to the price. Just play your cards in a right way. And remember we don't know the future of bitcoin.
lutfi-hasan
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November 15, 2017, 04:28:18 PM
 #485

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?

depending on the market's tidal price, if it continues to decline do buy close and open a new price by doing open buy at market price is down.
khan149
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November 15, 2017, 04:48:57 PM
 #486

nothing to any risk to hold bitcoin if your bitcoin is won't be hacked or stolen by someone. if you have decided to hold bitcoin first you ensure your bitcoin hardware wallet to store your money. that's it
South Park
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November 15, 2017, 11:12:07 PM
 #487

The risk that I can see on holding btc is getting hacked and nothing will be left. There is a possibility that when you are checking or transferring your btc is they have already injected a malicious virus that will take control of everything.
In my opinion, holding the bitcoin is the best thing to do. The only thing which matters the most is your own knowledge. You actually need to be well aware of all the scammers which are sitting around you. Other than this, there is nothing harmful in holding of bitcoins.

In fact, holding will help you in making a very good amount of money. You only need to remain calm under any kind of circumstances.
If you are a true holder then you do not need to worry that much about scammers since you are not going to move around your bitcoin a lot, however the biggest risk for a holder is a hacker, so you need to make sure your computer is clean and that you do not reveal your private keys to anyone.


I don't think that its that easy to hack your wallet and steal your bitcoins if you have taken preventive measures from the beginning as I have saved my bitcoins in my electrum wallet and that is what I am using since the beginning and I haven't faced any issue with the safety and security of my coins as I haven't lost a single penny from it and its not easy for anyone to hack your wallet if you have taken best care of it so I don't think there is anything to worry about.
Your security is as good as its weakest link, there are many instances where something can go wrong, there are many copy sites that give a fake electrum wallet so if you install that your coins are going to be lost, if you are in an insecure OS you could get hacked if you download pirated games or similar you could get a virus and lose your coins, and those are just some of the possible scenarios in which you could lose your coins.

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sharkvn
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November 16, 2017, 12:54:15 AM
 #488

What I fear most is that I lose the private key of the bitcoin wallet. This will lose all the bitcoins I have. Hackers are also worrisome when they can infiltrate people's computers and steal information.
smusanne
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November 16, 2017, 12:55:24 AM
 #489

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.
viralz
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November 16, 2017, 04:18:30 AM
 #490

Yes.
Some government hates it.
Some countries ban it.

The price is so so so so so volatile
justspare
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November 16, 2017, 06:26:04 AM
 #491

the risky oart of holding a butcoins is security, it is either being hacked with the so called hackers or if you forgot to hide your securit code in a safe place.
Talking about the trading this opens up an entire new world of discussion. Actually trading is directly related with your knowledge in this field.

If you are well equipped with all the tools and tricks and have joined so e sort of discussion forums or scrolling through the net for the sake of information, then obviously it would lend you a helping hand in your winnings. Moreover one must have control on his emotions that he could face the losses with valor
Rj Manik
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November 16, 2017, 06:40:27 AM
 #492

No risk of holding bitcoin.Because bitcoin is more secure at this time.They use big technology for keep safe user wallet.If you wish to hold your bitcoin first ensure your bitcoin wallet to keep safe password or other security.
_noname_
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November 16, 2017, 06:52:54 AM
 #493

No risk of holding bitcoin.Because bitcoin is more secure at this time.They use big technology for keep safe user wallet.If you wish to hold your bitcoin first ensure your bitcoin wallet to keep safe password or other security.
According to my experience with working with bitcoin there is no risk in holding of bitcoin because the rate of bitcoin is still low and the reason behind this is because there are low % of population in the world which are knowing bitcoin still as the number of users of bitcoin is increased then the rate of bitcoin will also increase and anyone can earn enough profit through holding of bitcoin.
Carcoins
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November 16, 2017, 07:31:56 AM
 #494

Holding BTC when the price extreme decrease may cause loss a lot. But if you can hold for long. It's ok because Btc is on the way of expanding.
davinchi
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November 16, 2017, 01:39:25 PM
 #495

Holding your btc can only result into two things its
 either you'll get the best of it when it get high .
.and bring you big amount of fortune as a result
of your long wait and patience
Or for worst youll get nothing as a return for all of the
 hardwork ,effort and time  that you spent just to get your btc.
And will all turn into ashes as nothing. So be careful be smart enough
To go with the flow of the currency...learn when to hold on and when to
start trading it to avoid difficulties. Smiley
yes you can earn by waiting but there's a limit sometimes like in some coins that already gone so you need to search for the coins that you investing because if the developer of that coins is not good enough to handle the coins your money will be gone if its not going well try to invest in coins that already work like eth or xem this two coins already good for invest
Hmph… the risk of holding Bitcoin…. I believe there are many risks, some of them can be from the side of the developers, while some of them can be from the user. Volatility is one thing everyone is already sure about, although some newbies never think that price will ever go down, most of them always believe that price will go up continuously without falling. So if you’re one of those that believe that price will never go down, then know it today that it surely will, but not a big problem since it will always go back to the high rate.

Hack is not something that’s likely to occur, I don’t much of the people complain about that kind of thing. Eehm… what else should you know? Hmm… maybe always try to know your government’s plan on bitcoin and cryptocurrency as a whole.
supercanada1
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November 16, 2017, 05:53:23 PM
 #496

If we talk about the biggest risk then the answer is definitely you can lose all your money. Holding bitcoin means holding money, bitcoin prices are often up, but we also do not know what the future will be like. Could be the price of bitcoin down even to no worth at all. It does sound strange, but it is always possible, and the slightest possibility should not be ignored.
Yes a lot of the people are afraid if it but it is not good to be afraid of it because as much as the time passing the bitcoin is increasing in value and the price so it is not having any kind of risk because if you will buy today and will wait for the long time then you will see the bitcoin price and the value will be high, you should not be worry after investing In the bitcoin because the more you will invest the more you will earn.
South Park
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November 16, 2017, 10:25:47 PM
 #497

The risk is to lose all your bitcoin and you think that it keeps increasing but it decreased to its lowest.
If you hold, the amount of bitcoin you have does not change what it changes is the price in fiat, if you have 1 bitcoin and you do not buy more or spend it ten years later you still have one bitcoin nothing has changed, that is why most people in the forum trade since they want to obtain more bitcoin as well.

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PORN_coin
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November 16, 2017, 10:26:44 PM
 #498

there is always a risk of falling into a drawdown
but if we consider the long-term perspective
then everything is growing
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November 16, 2017, 11:09:03 PM
 #499

the right thing you do on your live  Cheesy Cheesy Cheesy
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November 16, 2017, 11:24:28 PM
Last edit: November 17, 2017, 03:05:54 PM by layoutph
 #500

Lol,  there is no risk dude, infact its DECENTRALIZED. The only risk I can see from Bitcoin is by storing your Bitcoin wallet software to a computer or laptop infected by virus or malware that can hack your system to get your precious bitcoins.
Always use the latest version of Malwarebytes to block virus ,worms, ransomwares. Always use a license software and system.

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?
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