jerowacik
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Activity: 1162
Merit: 1000
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November 20, 2017, 04:22:08 PM |
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The biggest risk when we Holding Bitcoin is we lose all the bitcoin we have. imagine when we lose access to the wallet that we have then the boom will destroy our lives. so I think keep as well as possible access to Bitcoin that we have because it can make a big change in our lives.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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dissgo
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November 20, 2017, 07:21:23 PM |
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If you are holding much, use hardware wallet or wallet you hold your private key.
it can be hacked or stolen.
the investment, suddenly drop -1000%, when the newer tech comes up and beat bitcoin. Who knows?
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copoyes
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November 20, 2017, 07:46:36 PM |
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if storing it in the wallet desktop risk back to the condition of the laptop or pc, but the main thing is the risk when the price goes up we hold with alesan going up again but suddenly down yah losses in the results can not be satisfactory
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ripti
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November 20, 2017, 11:12:11 PM |
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Investments are always in the hope of gaining profit. But sometimes there will be losses, and not because of profit from the investment. If you want to reduce the cost of bitcoin, then you have to take the risk. Why not, the risk of every investment has reduced its current value.
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daddypastes
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November 20, 2017, 11:39:24 PM |
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The risk of losing your bitcoins if your wallet isn't secure enough. I won't go deep on this topic, as a lot of threads here in bitcointalk and on reddit has addressed the security topic already.
Also, bitcoin could nose-dive in price anytime. Even though in theory, bitcoin's price should continue to go up longterm due to supply and demand, it isn't guaranteed. That's why people always suggest that you only invest what you can afford to lose.
sometimes there will be losses because of scam if you want to reduce cost of bitcoin take the risk |
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Lecam
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November 21, 2017, 03:16:59 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?
For me, what’s only missing is the fact that you are missing out the opportunity to grow. The thing is when you hold onto bitcoin, you are doing nothing with it, it is like a money in bank. Although, the value increases. Still, the number of bitcoin in your wallet remains he same. |
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Seeker#9
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November 21, 2017, 03:52:16 AM |
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The sudden drop of price and takes time to recover, hacking, and when you can't access your wallet anymore are some of the risk of holding bitcoin for a long time. Those who bought the bitcoin while the price is high can also have the risk unless it continue to go high.
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elimi
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November 21, 2017, 06:07:16 AM |
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The risk associated with Bitcoin hodling is that the process of taxation on capital gains is complex. Investors need to immediately and accurately report capital gains and losses. Failure to comply with reporting requirements results in fines thereby reducing profits or increasing losses incurred in investments.
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Tantlizbat
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November 21, 2017, 10:42:19 AM |
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The biggest risk that you can encounter is that bitcoin can decrease in value unexpectedly this already happened some time in early 2017. Since you are already own and hold bitcoin, you already have your money by yourself so the only risk is that the price of bitcoin can drop.
I think there is no risk in holding bitcoin as it remains stable most of the time. Before buying bitcoin one should be determined and aware that there may be ups and down for a short period in the market, so in such circumstances one has to remain firm and should not think of disposing it off, as after short time bitcoin recovers from shock. I invest in bitcoins all my savings as most of the people are blessing from it. There is no risk in holding bitcoins,It is quick and easily transferable, transaction fee is low.Its value will go up with passage of time. Your money will be safe in bitcoins. If you have the holding power then you can get more profit as by holding it for longer time you can earn more from your investment. I think that one may invest his savings in in bitcoin in order to have safe future financially. Specially those having holding power should not be worried. |
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Nariza
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November 21, 2017, 11:55:49 AM |
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Well for me the biggest risk of holding bitcoin is when your wallet is not secure enough. If you invest your money make sure that you are risk taker because some investor gets Loss.
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enwi
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November 21, 2017, 11:57:58 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 greatest risk of holding bitcoin is maybe when bitcoin prices suddenly drop and persist at low prices for a long time |
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anitaraymonds
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November 21, 2017, 07:20:34 PM |
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Among the major risk of holding Bitcoin is the problem of security. Have you the capacity to secure your wallet fro hackers? once you can manage your security then you can hold. Another one is price fluctuation and emotion. The price is always liquid so you must have this understanding and patient to wait for the correct price.
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richlipkin
Newbie
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November 22, 2017, 01:08:28 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%.
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NJB18
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November 22, 2017, 01:13:52 AM |
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Versatile prices. Irreversible transactions. Of course you also need to take care of you private keys and other info. All my Bitcoins are currently in trading sites because I do regular trades. If people want to hold its Bitcoins long term then purchasing a nano or trezor is the best.
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ihsanskanzaone
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November 22, 2017, 01:49:10 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 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 Although bitcoin prices fluctuate but the decline in bitcoin prices is very small in contrast to the very high price increases. Bitcoin investments if you want to profit a lot You have to invest in a long time because rising bitcoin prices require a long process for example you can see bitcoin prices from last year you will see the difference in price is very far away. So if you want to hold bitcoin should use a long time. |
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terrific
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November 22, 2017, 02:16:08 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%.
This is one of the risk if you don't know how to store your private keys. What you have to do is write it down on a simple plain paper and you have to store it somewhere or stick it to the wall where it can't be reached by a kid that can possibly rip it off. Also don't write it down on the internet as bitcoin is now popular and it can possibly be hacked if you are careless of websites that you are visiting and you keep on clicking and inputting your information without thinking if the website you are with is a phishing link. |
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artlanante
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November 22, 2017, 02:27:57 AM |
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I'm really afraid of the losing valuation of Bitcoin. That's the biggest risk.
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yanxiaoyu5008
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November 22, 2017, 02:35:59 AM |
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Nobody can make sure his judgment is always right.  Risk always exist. |
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yanxiaoyu5008
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November 22, 2017, 03:18:01 AM |
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I'm really afraid of the losing valuation of Bitcoin. That's the biggest risk.
The risk always exist, you should ready to lose  |
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dhas
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November 22, 2017, 04:55:41 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 the biggest risk that you will take when you hold bitcoin, was the everchanging value of bitcoin or any other coin. We don't have control to the price of it so when the value of it falls sure that you have loss to your money. And it so sad if the loss a big money. |
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