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Author Topic: What is the risk of holding Bitcoin?  (Read 19135 times)
BitcoinCommodor
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November 18, 2017, 11:59:48 AM
 #521

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 for the long term may be the price that suddenly goes down and rises with a long time so we will lose because the price has not risen yet
I think of holding of bitcoin as the best thing to do. The only risk which you can have of holding of bitcoin is when you are not having good control over your nerves. There are likely chances of this thing that the market price will fall down. So at that time, you need to remain patient. If you will go for panic selling, then you will get nothing fruitful in return. In fact, you will regret in the future.
Yes the buying time of the bitcoin is the time of the low price as the price of the bitcoin is now low so just simply buy the bitcoin and hold for the long time so you will get the profit a lot of the people are buying the bitcoin and investing in the bitcoin so they are having the huge dream with the bitcoin and they are saving the bitcoin for the long time they will see how fast the bitcoin will increase in the price.
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November 18, 2017, 02:52:32 PM
 #522

For me the largest risk of holding a bitcoin is that the posibility to free all of your cash. You ought to have an idea about bitcoin like how it works before investing on it.
Its true, and go all in is not advisable in every investment not just in btc. For me the risk of holding bitcoin is not having an assurance that your investment will turn out good, because many possibility might happen like the price decrease and currently its happening because of the cancellation of S2x.
I really don’t think so that there is any risk of holding of bitcoin. In fact, the thing which can help you the most is holding of bitcoins and that too for quite a long period of time. There are number of investors who are only investing in bitcoin just because of long term investment.

There will be a risk of holding if you are not good at keeping control over your nerves and that too at the time when the prices are falling down.
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November 18, 2017, 03:55:08 PM
 #523

The risk of holding Bitcoin is dependent on the owner, if the owner doesn't know how to protect their wallet, if their wallet is not encrypted or if they give out their private keys, hackers can get hold of their bitcoin, I think that would be the riskiest part of holding bitcoins. If we don't protect our wallets and hold our Bitcoin, we are risking it to be hacked, however if our wallets are protected, we have lessen the risk, and the next risk is the value of Bitcoin that we hold, still we can further lessen the risk by investing on education, so we can handle how we can profit on both bearish and bullish market.
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November 18, 2017, 04:49:47 PM
 #524

I think there is no risk when holding Bitcoin. In long term, It will go up, you should not be worried about it

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November 18, 2017, 04:50:50 PM
 #525

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 loss. Bitcoin's price is fluctuating and every investment has the same risk is "LOSS".
Before start investing you should consider it, and should be prepared to lose the value of your money
Yes may be loss is the main phenomena of holding Bitcoin for future by getting more profit. If you hold Bitcoin at a higher price but after holding your Bitcoin then the price will decrease at alarming rate. Then loss is occurring by holding at higher rate.
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November 18, 2017, 05:12:06 PM
 #526

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 the biggest risk would be being unaware that the price of what you are holding onto went high. That’s the thing about being a trader. We pften hold onto our bitcoin for quite some time, knowing that it’s price could go higher.
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November 18, 2017, 10:24:04 PM
 #527

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 there is no risk to hold a bitcoin,its price is always increasing and when it goes down it can be immediately recover again.You need to be patient to wait for the recovery of the growing again.People always panic when it comes down its only flactuating the demand and supply so thats why sometimes its crashing down but it will be back sooner or later.Because bitcoin has a future in cryptocurrency it will never be gone  someday it be stable.
Oh my God! If as your said, there is no loser and the price of Bitcoin did not dump in 2013 until 2017 to breakout old highest price. 4 years to comeback the old highest price and those who people bought at $1,300 in 2013 can not wait the price of Bitcoin increases to this price with a long time like that.
It is true that it took bitcoin a lot of time before reaching the previous all time high but the point is it did, so all of those that lost money with bitcoin at that time did so not because of bitcoin but because of their lack of patience and that is not bitcoin fault.

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November 18, 2017, 10:53:00 PM
Last edit: November 19, 2017, 02:03:18 AM by Pfizer
 #528

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 the biggest risk would be being unaware that the price of what you are holding onto went high. That’s the thing about being a trader. We pften hold onto our bitcoin for quite some time, knowing that it’s price could go higher.

The biggest risk of bitcoin is getting banned by some countries and the value devaluation of it. Otherwise done, bitcoin will be surviving well in the next months and years. The future of it is bright.
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November 19, 2017, 07:23:44 AM
 #529

I would like to say that in this world Bitcoin is the safest bank. So you could put your money into Bitcoin as many as you can
There is no risk in holding bitcoin but it’s the best and easy option of earning bitcoins because the rate of bitcoin is mostly increasing and in future it is more probable that the rate of bitcoin will increase more and more due to increasing investment of people
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November 19, 2017, 07:44:22 AM
 #530

The  risk i can think of is the risk of being hacked when your wallet is not protected.  Also when bitcoin gets banned.

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November 19, 2017, 08:56:26 AM
 #531

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?

Top of my priority is to hold and invest more in bitcoin compared to other coins, holding bitcoin is profitable together with the risk. Risk is always there all we have to do is avoid that risk and that part of our success.
Well, the biggest risk when you holding bitcoin is to loss your all capital what I mean is vanish your money in scammer from your wallet, choosing a good crypto wallet is the best way in investing. I'm not afraid of getting high and low price of bitcoin to loss i know it keeps going high value.

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Uno17
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November 19, 2017, 09:46:22 AM
 #532

The risk of holding bitcoin when you put all your
funds in investing it and when unexpexted bubble
burst happens, and hope not.
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November 19, 2017, 10:41:46 AM
 #533

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?

In my opinion holding bitcoin is a little risk nowadays. maybe holding altcoins has more risk. bitcoin for me is the best investment instrument today.. from 750$ on january not it 7800$ today.. 1000% gain if you invest from january..
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November 19, 2017, 11:24:50 AM
 #534

It depends upon your wallet that holding bitcoin is risky or not. If your wallet is well encrypted and secured then it's safe. Not completely safe. Because of some other issues like legality issue of bitcoin in your country, or major price drop and some other minor issues. You really should pump and dump rather than holding. Like sell some of your bitcoin when the prices are very high so that you make little profit. And then buy bitcoin again when it's price drops. Then hold it for some time and repeat. If you really just want to hold it and save it for the future, I'd suggest using a well known and well protected and secure wallet so that there are no chances of being hacked or anything of that sort. All the best! Smiley
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November 19, 2017, 01:30:29 PM
 #535

The  risk i can think of is the risk of being hacked when your wallet is not protected.  Also when bitcoin gets banned.

you right the risk is your account being hack but if you use an laptop that is highly secure and invulnerable to virus most likely the chance of being hack will be slim.. so we need also to be vigilant on which site to log in and dont ever give your password or passkey to anyone.
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November 19, 2017, 05:00:39 PM
 #536

I think there is no risk when hodling Bitcoin. This is the due to of fact that Bitcoin always goes up in the future. Unless the Internet is destroyed.
You are right because the bitcoin price and the profit is now increasing and it is the best time to increase the bitcoin value and the price I am sure the coming time will increase the price of the bitcoin, it is the high price time but gradually it will increase more and more so it will not be possible for the ordinary investors to invest in the bitcoin so it is the chance for you and buying holding is the best and the profit worthy business as well.
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November 20, 2017, 07:44:03 AM
 #537

For me the largest risk of holding a bitcoin is that the posibility to free all of your cash. You ought to have an idea about bitcoin like how it works before investing on it.
Its true, and go all in is not advisable in every investment not just in btc. For me the risk of holding bitcoin is not having an assurance that your investment will turn out good, because many possibility might happen like the price decrease and currently its happening because of the cancellation of S2x.
It is the most difficult part of long term investment. You once invested a huge amount in bitcoin and you are holding it for long time. Now, you have to cash them, scenario become different and difficult than you expected. Now you have to work out in better and intelligent way so that things can be in your favour. Do you really sell them all now? It is better time or wait for some more time? These are some questions tempting in your mind.
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November 20, 2017, 07:57:19 AM
 #538

I think there is no risk when hodling Bitcoin. This is the due to of fact that Bitcoin always goes up in the future. Unless the Internet is destroyed.
You are right because the bitcoin price and the profit is now increasing and it is the best time to increase the bitcoin value and the price I am sure the coming time will increase the price of the bitcoin, it is the high price time but gradually it will increase more and more so it will not be possible for the ordinary investors to invest in the bitcoin so it is the chance for you and buying holding is the best and the profit worthy business as well.

I think no risk involved in holding the bitcoin for long term, the price of the coin boosts as the time progresses, very rarely can see the dip in the price that is the main reason people can hold the bitcoin in the longer term and also can make profit selling the coins. 

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November 20, 2017, 08:06:59 AM
 #539

Not much risk if youre watching the market and sell out some before they ever might hit bottom.
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November 20, 2017, 04:00:18 PM
 #540

I often leave my btc on the market and always worried about the truth that they can be hacked

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