What is the risk of holding Bitcoin?

[GothicTauren48]

I don't think so that there is such well known risk in holding BTC But yes if you are doing trading then you should know that the price of BTC is varying with time so there is only a small risk that if price of BTC fall and you have number of BTC then you will need to wait more for the right time when price is again high then you can sell your BTC so there is risk of falling price of BTC.

I think a person should know when to cut losses and when to bring things on. I mean if you feel the price is still going down for a while, just be safe and cut losses than to say sorry later. For now, bitcoin is still a good investment.

[LynielZbl]

It is true that holding bitcoin is very much risky because you do not know when it will fall or increase. We can not guarantee Bitcoin's price movement in the market because no one can control it. I think that traders' opinions and ideas are just speculations and uncertain. That's why there is always panic selling.

[mamesso]

You will definitely in a very high risk if you will just let your investment and will not check the daily price of bitcoin and altcoins in the market. What if the price of bitcoin is already decreasing but since you never check the price, you already loss some of your investment.

Bitcoin is not really for jittery hands and day trades. Its price constantly dips and if you're too focused on monitoring the price, you may end up panicking like what's happening right now. Trust in your coin investments and hold.

Constantly monitoring the prices does not automatically result into making you panic as it always depends on the person and his/her emotional quotient, and with how Bitcoin moves you must always monitor the prices as it is critical to your trade. Also instead of being in a state of panic you must be building a new strategy instead as having a lower price must be a symbol for chance to buy something at a cheaper price. You must be always in control of your trades as when you overreact that is when you lose in a trade.

This is a game of emotion, and the hardest thing to do.
When prices go down it's hard to make a purchase, it takes courage and a bit of a gamble.

[fasdorcas]

If you want to know my opinion about it, there's always some risk in holding any cryptocoin in longterm basis. Successful crypto owners buys it in the dip and sell then in rise..

Rest is your choice..

There is risk with most of the digital currencies but not with bitcoin. In case of bitcoin, those how have sold it at low prices are suffering now when bitcoin is about to touch 20,000 dollars. Here people do keep eye on dumps because that is the best time of buying bitcoin at low prices but do not easily sell off it in the very next pump. Bitcoin experts are highly in favor of its long term holding because it is the best practical way of making money.

[iv4n]

If you want to know my opinion about it, there's always some risk in holding any cryptocoin in longterm basis. Successful crypto owners buys it in the dip and sell then in rise..

Rest is your choice..

There is risk with most of the digital currencies but not with bitcoin. In case of bitcoin, those how have sold it at low prices are suffering now when bitcoin is about to touch 20,000 dollars. Here people do keep eye on dumps because that is the best time of buying bitcoin at low prices but do not easily sell off it in the very next pump. Bitcoin experts are highly in favor of its long term holding because it is the best practical way of making money.

Bitcoin is truly safer for holding then some other alts, most of the 2000 alts are trash or scam but there are unique alts that will change the world. I read white papers, I read what they up to and I can say for some of them that holding them for a long will be very profitable. Buying some alts for couple thousands satoshis and selling the same coins for back for bitcoins is how o make money, when you sell a coin don't abandon it, buy again in dip and wait new ATH. Holding is good, but if you wish to earn from all this you need to know when to hold, and when to let it go and grab it again.

[hajimasan]

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 are going to invest lots of amount of Money in bitcoin then I can understand that what is fear in your mind is running .
In the starting when it was not in bitcoin faithfully then I was always filled with lots of fear that if I will put my money in bitcoin then may be price can go down much and results will be only loss .
But after one year travel with bitcoin I found that bitcoin can't go back because demand is increasing and supply is getting down .
And also you can see graph of bitcoin frommthat time when it get in the online world , you will found that if dumped then after some days and some weeks it get jumped to high price .
Here every small dump in price of bitcoin is a opportunity to make money because down in price of bitcoin remain always a better time to buy , otherwise you can buy bitcoin at time because hold bitcoin for long term.is always profitable business .

[Borisb52]

I think that at this stage the risk of bitcoin is minimal. People and big investors believed in it and now there is a very strong demand for bitcoin, and every year there are fewer and fewer proposals.

[ASHLIUSZ]

When you question people the real reason for the risk associated with bitcoin holding, most will term the uncertainty and the decentralized functioning. Because being decentralized make it unquestionable and being uncertain gives people the panic on investing. Apart from this very few legitimate investment platforms were available. In my opinion people who believe in it make use of the decentralized functioning as well the uncertainty as an added feature helping to earn better.

[mersal]

It is true that holding bitcoin is very much risky because you do not know when it will fall or increase. We can not guarantee Bitcoin's price movement in the market because no one can control it. I think that traders' opinions and ideas are just speculations and uncertain. That's why there is always panic selling.

The first and foremost risk in holding bitcoin is whenever you are urgent to exchange your bitcoin to other currencies it will take time or its exchanging fees was too high so we want to wait for somedays to get money with our hands.

[Tynovten_]

How far you will get the profit that far you will get loss too whether you realize or not. Bitcoin price is being discussion because it is so not proper but of course some people are happy cause they get profit

[budz0425]

How far you will get the profit that far you will get loss too whether you realize or not. Bitcoin price is being discussion because it is so not proper but of course some people are happy cause they get profit

The risk that I can see whenever we are holding bitcoin is the unstable price of it. Lets say you invest all of your money here in bitcoin, because you believe in it and of course we all do believe but for some reason there is an emergency so you need to cash out your money and worst case is the bitcoin price drops so you don't have a choice and you lose your investment.

[FRJ]

OH!!The biggest risk of holding bitcoin is "loss".The price of bitcoin can fall down making you disappoint anytime.It is not impossible that bitcoin sees it's end. So,you always have a chance to lost all of your invested or holden bitcoin.There is no guarantee. You will have always the fear of lose.

Again,your wallet can be hacked and all of the stored money can be gone.You can do nothing but repenting. Here security system should be very active.If anyone's wallet is not enough secured,there remains a chance of the wallet being hacked.

[trickyriky]

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 to keep all funds in one place. You need to distribute your money between bitcoin and other coins to avoid losing all funds.

[South Park]

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 only risk with bitcoin is price fluctuations. sometimes the bitcoin price gets high and sometimes the price drop, but one thing for sure the price will always recover.

That is not  really a risk if you are just holding your bitcoins, sometimes my wallet says I have X amount of fiat and the next day it says I have Y amount of fiat but the amount of bitcoin in my wallet does nothing but to go up so those fluctuations do not affect me or anyone that is a holder.

[dg2010]

In my opinion, there is no risk when holding Bitcoin. You can see the history of bitcoin in 8 years. It always goes up and give you profit

[Vikingr]

If you want to know my opinion about it, there's always some risk in holding any cryptocoin in longterm basis. Successful crypto owners buys it in the dip and sell then in rise..

Rest is your choice..

There is risk with most of the digital currencies but not with bitcoin. In case of bitcoin, those how have sold it at low prices are suffering now when bitcoin is about to touch 20,000 dollars. Here people do keep eye on dumps because that is the best time of buying bitcoin at low prices but do not easily sell off it in the very next pump. Bitcoin experts are highly in favor of its long term holding because it is the best practical way of making money.

The price of the bitcoin is highly volatile so those who have sold it already are really frustrated and dishearten because of the virtual loss they had. Although they had a good profit while selling it, but still greed takes us to depression. Holding of bitcoin is advised but if you are trading as well, because its trading from which you can actually exploit the situation of the market and make good profits, from holding, you can earn but not as much as you can earn from trading.

[South Park]

There is always a high risk in holding bitcoin. But it is still safer than to invest in other altcoins. Although some of the altcoins have potential, they don't guarantee success in the end, not like bitcoin.

True but the greater the risk the greater the reward, this is why a lot of people prefer to take the risk of investing in altcoins instead of investing in bitcoin if they know what they are doing the benefits are great, if they do not, then their losses are going to be big as well.

[taktik]

There is always a high risk in holding bitcoin. But it is still safer than to invest in other altcoins. Although some of the altcoins have potential, they don't guarantee success in the end, not like bitcoin.

True but the greater the risk the greater the reward, this is why a lot of people prefer to take the risk of investing in altcoins instead of investing in bitcoin if they know what they are doing the benefits are great, if they do not, then their losses are going to be big as well.

The investment in Bitcoin is in itself already a risky undertaking. If we compare bitcoins with gold, then gold has a material value and a physical body, and Bitcoin is practically like air.

[Oceat]

There is always a high risk in holding bitcoin. But it is still safer than to invest in other altcoins. Although some of the altcoins have potential, they don't guarantee success in the end, not like bitcoin.

True but the greater the risk the greater the reward, this is why a lot of people prefer to take the risk of investing in altcoins instead of investing in bitcoin if they know what they are doing the benefits are great, if they do not, then their losses are going to be big as well.

The investment in Bitcoin is in itself already a risky undertaking. If we compare bitcoins with gold, then gold has a material value and a physical body, and Bitcoin is practically like air.

As far as people is supporting Bitcoin it will not gonna down although the risk is still there so it's better to invest in altcoin rather than sticking to Bitcoin itself. There's always a risk in every investments but when investing in altcoins the risk to lose your money will be lessen compared to sticking all you investments in a single coins. That's why you have to plan carefully your investments so you will not lose every bit of it.

[South Park]

There is always a high risk in holding bitcoin. But it is still safer than to invest in other altcoins. Although some of the altcoins have potential, they don't guarantee success in the end, not like bitcoin.

True but the greater the risk the greater the reward, this is why a lot of people prefer to take the risk of investing in altcoins instead of investing in bitcoin if they know what they are doing the benefits are great, if they do not, then their losses are going to be big as well.

The investment in Bitcoin is in itself already a risky undertaking. If we compare bitcoins with gold, then gold has a material value and a physical body, and Bitcoin is practically like air.

It is obvious that when compared to other investments bitcoin is a lot more risky but even that risk is not enough for people, you must remember that people love to take risks and they love to make money as well that is why investing in altcoins is incredibly popular in the forum.