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Author Topic: What is the risk of holding Bitcoin?  (Read 19135 times)
pungopete468
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December 01, 2017, 05:53:19 AM
 #661

The risk of holding Bitcoin is nothing. Bitcoin always grow up in the future. Therefore, if you hold it for a long term. You wont have risks

Yeah if you can hold bitcoins for a really long term then there is no risk in holding as price will soar in future and bring good profits for you but if you are looking to make profits in short term then buying now can be risk as price can fall dramatically in coming weeks too so be careful in taking your decision.

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December 01, 2017, 06:11:47 AM
 #662

The risk of holding Bitcoin is nothing. Bitcoin always grow up in the future. Therefore, if you hold it for a long term. You wont have risks

If you don't mind the circumstances happening  in bitcoin that keeps  flactuates it's value then there's no need to worry about it. As long as you hold it in a long-term and wait for the better profits in the future comes. But for me, just my own thought, the risk of holding bitcoin is, that might going to hard fork again and cannot get up anymore.
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December 01, 2017, 07:05:50 AM
 #663

The risk of holding Bitcoin is nothing. Bitcoin always grow up in the future. Therefore, if you hold it for a long term. You wont have risks
everything has a risk , don't be so overconfident like that if you won't get hurt later.

even though you have a plan to hold your bitcoin for long term there is a risk for you to change your mind in the middle of the holding process because of bitcoin volatile sometimes it got crashed and you think it won't get recovered as the crash was too deep.

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December 01, 2017, 07:33:15 AM
 #664

The risk of holding Bitcoin is nothing. Bitcoin always grow up in the future. Therefore, if you hold it for a long term. You wont have risks
everything has a risk , don't be so overconfident like that if you won't get hurt later.

even though you have a plan to hold your bitcoin for long term there is a risk for you to change your mind in the middle of the holding process because of bitcoin volatile sometimes it got crashed and you think it won't get recovered as the crash was too deep.

We cant never know what will happen next, bitcoin volatility is way too unexpected so we should always have a plan since a huge pump may result to a huge drop, whether we wanted  it to keep for long we dont know when we will use it or need it, so whe we already see our advantage then we should not be greedy we should be contented at some point so will not regret too much later, why no divide the earnings if still unsure on holding it.
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December 01, 2017, 12:31:20 PM
 #665

Holding bitcoin can cause positive and negative risk, here are some example of negative risk, as no one knows what happen on the future, you will never know what will happen in your investment in bitcoin, because all your basis came from its performance in this time. There are many scammers in online, if you try to hold bitcoin in the long run many people will try to scam your investment by forcing you to invest in there websites, but here is the positive risk, many people explain that bitcoin is like gold if you try to hold it it the long time your investment will rise, in short the risk that I am pointing for are "you will loss your bitcoin" or "you will grab bunch amount of money".
There is no such type of risk in the bitcoin because total loss is possible in the physical investment whereas in bitcoin it goes down people start buying it and it price get recovered and that’s the beauty if bitcoin that it assure that profit will come but it will take some time and from now on bitcoin will be rising and rising and prices will go beyond the 10k soon because people and regions are accepting it.


There is no risk of holding bitcoin because holding always give huge profit and that’s right it has given a lot to those who held their coins for long time and after this they cashed out their coins and huge profit was in front of them and just think about those who bought bitcoin 5 years before and now if they cash out how much they will get so holding is always beneficial it avoid loss some time so be positive about it.

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December 01, 2017, 12:34:23 PM
 #666

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?

Because Bitcoin volatility is high it makes it extremely risky investment, that's the rule is to invest only what you can afford to lose. If you have invested during the time you started this thread (price of Bitcoin then was just $5647.47 vs today's price of $9858.82), you gained a profit of almost !00%! That's if my math is correct.

Bitcoin value: $5647.47 - October 16, 2017 (08:00 AM Local Time)
Bitcoin value: $5743.45 - October 17, 2017 (08:00 AM Local Time)
Bitcoin value: $5594.47 - October 18, 2017 (08:00 AM Local Time)
Bitcoin value: $5495.70 - October 19, 2017 (08:00 AM Local Time)
Bitcoin value: $5683.66 - October 20, 2017 (08:00 AM Local Time)
Bitcoin value: $5989.80 - October 21, 2017 (08:00 AM Local Time)
Bitcoin value: $6020.30 - October 22, 2017 (08:00 AM Local Time)
Bitcoin value: $5937.62 - October 23, 2017 (08:00 AM Local Time)
Bitcoin value: $5879.95 - October 24, 2017 (08:00 AM Local Time)
Bitcoin value: $5577.92 - October 25, 2017 (08:00 AM Local Time)
Bitcoin value: $5694.24 - October 26, 2017 (08:00 AM Local Time)
Bitcoin value: $5885.37 - October 27, 2017 (08:00 AM Local Time)
Bitcoin value: $5764.85 - October 28, 2017 (08:00 AM Local Time)
Bitcoin value: $5735.73 - October 29, 2017 (08:00 AM Local Time)
Bitcoin value: $6111.17 - October 30, 2017 (08:00 AM Local Time)
Bitcoin value: $6120.82 - October 31, 2017 (08:00 AM Local Time)
Bitcoin value: $6404.92 - November 1, 2017 (08:00 AM Local Time)
Bitcoin value: $6709.49 - November 2, 2017 (08:00 AM Local Time)
Bitcoin value: $6978.53 - November 3, 2017 (08:00 AM Local Time)
Bitcoin value: $7201.52 - November 4, 2017 (08:00 AM Local Time)
Bitcoin value: $7379.54 - November 5, 2017 (08:00 AM Local Time)
Bitcoin value: $7424.23 - November 6, 2017 (08:00 AM Local Time)
Bitcoin value: $7007.85 - November 7, 2017 (08:00 AM Local Time)
Bitcoin value: $7080.14 - November 8, 2017 (08:00 AM Local Time)
Bitcoin value: $7365.18 - November 9, 2017 (08:00 AM Local Time)
Bitcoin value: $7164.93 - November 10, 2017 (08:00 AM Local Time)
Bitcoin value: $6545.88 - November 11, 2017 (08:00 AM Local Time)
Bitcoin value: $6295.68 - November 12, 2017 (08:00 AM Local Time)
Bitcoin value: $5953.76 - November 13, 2017 (08:00 AM Local Time)
Bitcoin value: $6475.15 - November 14, 2017 (08:00 AM Local Time)
Bitcoin value: $6607.45 - November 15, 2017 (08:00 AM Local Time)
Bitcoin value: $7264.52 - November 16, 2017 (08:00 AM Local Time)
Bitcoin value: $7819.38 - November 17, 2017 (08:00 AM Local Time)
Bitcoin value: $7706.59 - November 18, 2017 (08:00 AM Local Time)
Bitcoin value: $7761.98 - November 19, 2017 (08:00 AM Local Time)
Bitcoin value: $8040.05 - November 20, 2017 (08:00 AM Local Time)
Bitcoin value: $8233.46 - November 21, 2017 (08:00 AM Local Time)
Bitcoin value: $8120.11 - November 22, 2017 (08:00 AM Local Time)
Bitcoin value: $8219.51 - November 23, 2017 (08:00 AM Local Time)
Bitcoin value: $8051.32 - November 24, 2017 (08:00 AM Local Time)
Bitcoin value: $8216.59 - November 25, 2017 (08:00 AM Local Time)
Bitcoin value: $8730.57 - November 26, 2017 (08:00 AM Local Time)
Bitcoin value: $9305.80 - November 27, 2017 (08:00 AM Local Time)
Bitcoin value: $9642.59 - November 28, 2017 (08:00 AM Local Time)
Bitcoin value: $9907.62 - November 29, 2017 (08:00 AM Local Time)
Bitcoin value: $9772.29 - November 30, 2017 (08:00 AM Local Time)
Bitcoin value: $9858.82 - December 01, 2017 (08:00 AM Local Time)

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December 01, 2017, 12:53:37 PM
 #667

in investing such as bitcoins or altcoins the biggiest risk is loss. because the price of coins just keep on flactuating. but when it comes to long term investment patience is all you need to profit.
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December 01, 2017, 01:47:43 PM
 #668

I think that legality is the risk of Bitcoin. Although there are many countries and corporation accept Bitcoin, many people think that Bitcoin is just a bubble likes Dotcom. So, We need to prove them Bitcoin is really a good currency


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December 01, 2017, 01:50:30 PM
 #669

The only risk of holding bitcoin is that if price crashes in future then your holding would go in vain but that is unlikely to happen as price keeps on increasing in long term so if you can hold for some more years then you can expect positive results from it but you need to make sure that you sell your bitcoins at the right time when you are making good profits from it.

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December 01, 2017, 08:34:07 PM
 #670

Bitcoin will become legit in all countries soon, so there are no risk of holding bitcoin. But make sure private keys safe, password safe when holding bitcoin.
That is a risk, there are always threads about people losing their bitcoins, there are even cases of people that held for a very long time and lost all their bitcoin in a single second so it is very important to protect our bitcoin, losing your bitcoin now will be very painful but knowing that it can reach a very high value in the future is going to make it even more painful.

I appreciate you for posting something which some of us has gone through including me but most of us are least bothered about it as it is really important to safeguard our bitcoin as it happened with me because I used some random wallet to store bitcoin who even had a signature campaign and all of a sudden disappeared
While I have never been hacked and lost my coins but just the thought of it scares me, since I know that if I lose my coins I'm never going to get them back that is why I try to take all the protections necessary to avoid that fate, but sometimes I wonder if I have done enough to protect myself.
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December 01, 2017, 09:07:24 PM
 #671

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?

As far as I know, we can now hold bitcoins in different ways: There are five major types of wallets: desktop, mobile, web, paper and hardware, each with its own pros and cons. However, in terms of personal risk, I think that any type of holding will be loss, not guarantee that the BTC price will always increase. You can earn enough to buy an iPhone X within 30 minutes but it can also take a lot of loss within 30 minutes. So if you hold too many BTC will not be safe. You should invest in some other altcoin to avoid losing Grin
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December 01, 2017, 11:07:41 PM
 #672

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 when bitcoin disappears altogether, and until it drops 3-4 times, people will keep it, which means that the price will also hold.
i believe that there is no risk on holding specially in this time arround because we all can see the bitcoin today is really rising and it is almost occupying the whole world because the community of bitcoin users and investors will really now grown too past.Because everyone really believe that bitcoin is a hope that really make every individual a more motivating feature to encourage other to do the things that is  really profitable  and  making every one not really become a dependent.Maybe because of bitcoin today it is really amazing.It is almost more precious than gold maybe  we should be aware on that and maybe we can use our bitcoin wisely for good.
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December 01, 2017, 11:46:37 PM
 #673

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 don't see any risk if you invest into bitcoin mate. Because ever since bitcoin was continuously increased, and it will become more get higher for sure for the coming weeks and months. So I think your decision was a good idea my brother, do what you like it to do.
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December 02, 2017, 09:02:02 PM
 #674

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?

As far as I know, we can now hold bitcoins in different ways: There are five major types of wallets: desktop, mobile, web, paper and hardware, each with its own pros and cons. However, in terms of personal risk, I think that any type of holding will be loss, not guarantee that the BTC price will always increase. You can earn enough to buy an iPhone X within 30 minutes but it can also take a lot of loss within 30 minutes. So if you hold too many BTC will not be safe. You should invest in some other altcoin to avoid losing Grin
Altcoins have the same problem and in fact things are worst with altcoins, my ether wallet is one of the sites with the biggest amount of clone sites, in bitcoin most people prefer to have their own wallets but when it comes to their tokens most people prefer to use that site and that is why you see that many people losing their coins.
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December 02, 2017, 09:35:06 PM
 #675

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 don't see any risk if you invest into bitcoin mate. Because ever since bitcoin was continuously increased, and it will become more get higher for sure for the coming weeks and months. So I think your decision was a good idea my brother, do what you like it to do.

Couldn't you at least read the original question in order to get a true idea of what the guy is asking?

He clearly said is it risky to hold Bitcoin, not asking if it is a good idea to invest into Bitcoin.

Sheesh, why even reply if you don't even understand what the topic is about in the first place?
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December 02, 2017, 11:45:48 PM
 #676

The risk of holding Bitcoin is that you will lose 50%+ of the value very quickly when there is a crash. That really is the only major risk. Holding is the best strategy if you want to make the safest ROI in crypto, and Bitcoin to be specific.



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December 03, 2017, 12:15:22 AM
 #677

I do not see any harm to those holding Bitcoin, even vice versa. Bitcoin holders have become rich.
for those newly acquainted, they regret not buying Bitcoin when the price is cheap.

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December 04, 2017, 01:20:05 PM
 #678

The risk of holding Bitcoin is nothing. Bitcoin always grow up in the future. Therefore, if you hold it for a long term. You wont have risks
everything has a risk , don't be so overconfident like that if you won't get hurt later.

even though you have a plan to hold your bitcoin for long term there is a risk for you to change your mind in the middle of the holding process because of bitcoin volatile sometimes it got crashed and you think it won't get recovered as the crash was too deep.

We cant never know what will happen next, bitcoin volatility is way too unexpected so we should always have a plan since a huge pump may result to a huge drop, whether we wanted  it to keep for long we dont know when we will use it or need it, so whe we already see our advantage then we should not be greedy we should be contented at some point so will not regret too much later, why no divide the earnings if still unsure on holding it.
hard to accept the fact people will always being greedy in this kind business , why? because how easy and instant making money without have to do a handwork. well that is why it called as an investment isn't it? and that is part of the risk too .

you should really understand about that otherwise maybe you will only suffering bad things instead the good one in holding bitcoin.

.
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December 04, 2017, 02:25:21 PM
 #679

Just buying
And HODL

Who cares

I am rich
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December 04, 2017, 02:39:53 PM
 #680

Holding Bitcoin this year is really very stable and safe because of its steady growth. From the beginning of the year, the new BTC rate was just over $1,000 and by the end of the year it exceeded the $11,000 mark. It is well worth the cost of holding Bitcoin, possibly by the end of 2018, that Bitcoin rates will reach $100,000, if the holding has a chance of becoming a millionaire.  Roll Eyes

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