What is the risk of holding Bitcoin?

[GothicTauren48]

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.

Well it is up to the people when to take risk or not. You can't win if you will not take risk, by the way. Before doing anything crazy I guess ready yourself first to ride the ups and downs of bitcoin.

[Japinat]

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.

You are right but how can you explain that fact that people are still willing to take the risk just to invest with bitcoin.
I think we all know that bitcoin is a high risk investment but we should also look at the profitability rate, this year although the value has significantly dropped, we can still say that investing in bitcoin is profitable in overall since as of now, we are still seeing profit if we invested early this year.

[GothicTauren48]

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.

You are right but how can you explain that fact that people are still willing to take the risk just to invest with bitcoin.
I think we all know that bitcoin is a high risk investment but we should also look at the profitability rate, this year although the value has significantly dropped, we can still say that investing in bitcoin is profitable in overall since as of now, we are still seeing profit if we invested early this year.

Because people are hyped that if they join bitcoin they will become rich. They don't even care the high risk it involves. As long as they will earn at the end. Wouldn't you agree?

[Muzika]

The risk of holding a bitcoin is that you might loose some of its value like what is happened for the past few days that bitcoin price was dumped if you holding bitcoin for the value of 18k then it drop for 12 to 15k you lose 3 to 6k dollar thats the risk you will wait until the price raises up again to 18k .

[Kayum10029]

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 of holding bitcoin is that for my opinion that when price is high then I buy some bitcoin but after holding the price falling down, a major loss may be create.

[GothicTauren48]

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 of holding bitcoin is that for my opinion that when price is high then I buy some bitcoin but after holding the price falling down, a major loss may be create.

Well it is because of its volatility. Better buy coins when the price is down and do selling when the price is up. There are many risk in bitcoin to consider, not only the price right now in the market.

[Bitcoincole]

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 of holding bitcoin is that for my opinion that when price is high then I buy some bitcoin but after holding the price falling down, a major loss may be create.

Well it is because of its volatility. Better buy coins when the price is down and do selling when the price is up. There are many risk in bitcoin to consider, not only the price right now in the market.

As the bitcoin continuesly increase its value i don't think there is a risk in holding bitcoin because every users in bitcoin once they are involve in this kind process they are vigilant in any volatility of price value. You are personally monitor everyday by tracing graph of bitcoin for the aims in getting profit. Only thing in this world of bitcoin might get into a risk if bitcoin will dead.

[ImSuparmin]

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 of Bitcoint is, when the bitcoin price is low, and we really need it, inevitably have to redeem bitcoin, redeem bitcoin in an unexpected time at a low price, that's probably the greatest risk.

[Rooster101]

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?

It is well known to us that bitcoin price always fluctuate rapidly and corrections occur from time to time. There is always when it comes to investing bitcoin in long term. Apart from possible hacking of your bitcoin wallet and losing a wallet account, there is also a possibility of  big price crash that affect the value of your bitcoin especially when you bought it at high price.

[Stelarion]

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?

There is a risk in both investing and non-investing in Crypto.

So you have some savings and you are thinking about investing some of it in Bitcoin.

If you do that, there is a risk that one day something will go wrong and the Crypto Market will collapse, so you will lose all the money that you have invested.

If you don't invest in Bitcoin, there is a risk that nothing will go wrong, and Bitcoin will continue to rise, to the point that no one will want to exchange any Bitcoin
for the colored paper that you put your savings in. So, if Bitcoin rises to that point, the crash of Fiat would be inevitable, and you could lose all your savings.

The point is, whether you do it or not, your savings are allways at risk.

[FantechG5]

The biggest risk of holding bitcoin is lose your bitcoin. There is so many things that can make you lose your bitcoin like you forgot wallet password or lost the private key that can make you no longer have access to it anymore. In other side, my be some people hack your account and make your bitcoin gone. If you lose it, you can't get any method to claim and get your bitcoin back.

[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.

You are right but how can you explain that fact that people are still willing to take the risk just to invest with bitcoin.
I think we all know that bitcoin is a high risk investment but we should also look at the profitability rate, this year although the value has significantly dropped, we can still say that investing in bitcoin is profitable in overall since as of now, we are still seeing profit if we invested early this year.

Because people are hyped that if they join bitcoin they will become rich. They don't even care the high risk it involves. As long as they will earn at the end. Wouldn't you agree?

That is true, but at the same time those joining bitcoin just out of greed and that have no knowledge about how the market works are in a bad position since they are more likely to buy when the price is high so the chances of losing money are very high for them.

[tengek37]

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 the moment I think there is no greatest risk to hold Bitcoin.
only a few hackers will make a person lose Bitcoin but that is very rare.

[RKSummer]

More risk in holding Bitcoins would lead to loss unless and until you wallet is set secured. The wallets we have should be secured, so that its protected from hacking. Keep shifting your bitcoins from one wallet to others.

Aside from the wallet security, another risk in holding bitcoin is its extereme volatility, it makes the complication so difficult to assess. And because of that, many investors choose to invest in a small period of time and convert it into cash just to avoid losses and maximize the profit.
I think holding bitcoin needs a perfect timing same as investing.

[zmkriel]

Yes there is a big risk of holding a bitcoin because crypto currencies not just bitcoin also altcoins are not stable in prices. Mostly the risk is if you bought your coins in the highest price and then went to dip for a long time and no one knows if how long it will recover.

[Lowleary]

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?

Biggest risk is lost all money which is hard to happen’s in future. also you can sell if you find bitcoin lost 80% of total value.

risk mean money and bitcoin is less risky than other.

[Geurangsang]

The big risk is you meybe lossing it. There is so many reason that can make you loss, like hacked or you miss acces to it because you forget your password. The other risk is the bitcoin can't predictable and no one can claim it will be still hight. And if you failing, that no way to claim for get it back.

[Gheka]

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 the moment I think there is no greatest risk to hold Bitcoin.
only a few hackers will make a person lose Bitcoin but that is very rare.

Well, I also think similar to you, the risk of holding Bitcoin is not too big if we buy it at a low price and reasonable because Bitcoin is a miracle, it is an investment that everyone loves, this will last for the next few years when bitcoin continues to be popular and creating unexpected, allowing investors to earn a lot of money. So we will not have too much risk in holding it, unless as you say, hackers visited our wallets or we hold the bitcoin for so long, at that moment the bitcoin is no longer common, the price drops and it becomes the past but we still do not sell, it will be risky but I believe that no one believes blindly in the bitcoin, they will always have a plan to sell at the right time.

[Alekkborela]

For me, the biggest risk one client may face is that it is actually on the internet, and if we think about it, no one knows how internet works, we only know that it connects us into one place and then do many things, having a "being careful and problem free" mindset can make you think that someone can loot and steal your account because when you are online, or your information is online, your identity is vulnerable to all hackers and spies

[GothicTauren48]

Bitcoin can't be hacked by anyone. What risk we are encountering right now is the fact that bitcoins technology can't handle the surge of investors it is getting right now.