What is the risk of holding Bitcoin?

[mulukey]

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.

Currently I think bitcoin is relatively stable, the most risk for keeping bitcoin is price fluctuations in the market so if your psychological instability can cause you very nervous and anxious. This is the time when you can buy bitcoin because big investors are looking to invest in it to prepare for the new year 2018. I am also watching the market to buy more bitcoin ..

[ImSuparmin]

Joining in Bitcoin must have a strong mentality, because in Bitcoin not always high bitcoin prices, but sometimes also low bitcoin prices, well there you have to wait and wait until bitcoin high price, essentially you have to be ready between profit and loss. risk dai bitcoin in my opinion, if you think?

[ngacengan]

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 at the current exchange rate is a terrible price drop, if bitcoin falls and we are stuck at this high price can make us depressed.

[Distinctin]

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 at the current exchange rate is a terrible price drop, if bitcoin falls and we are stuck at this high price can make us depressed.

You won't lose if you will not sell, that's why it's important to learn how to hold because the price is volatile and it could dump.
If you are a real believer, you won't panic, instead you will buy on dip as you believe the price will rise accordingly.

[Stelarion]

You won't lose if you will not sell, that's why it's important to learn how to hold because the price is volatile and it could dump.
If you are a real believer, you won't panic, instead you will buy on dip as you believe the price will rise accordingly.

That's what most of the people don't understand. For example someone buys Bitcoin at 19000, price drops to 11000, and he says : Ooops, I lost almost half of my money. No, he didn't.
If he sells now, yes, he will have loss.

I bought some Bitcoins when the price was 600 $, later on price continued to fall, at one time even reached bellow 200 $. Did I lost 2/3 of my investment at that point? Of course not. I hold.
I took almost 1 and half year from my initial investment that a price surpassed 600 $. But eventually, the price recovered.

So, like for all the things in life, you need patience also for trading.

[dvillier]

People are holding bitcoin to earn more profit because price of bitcoin is varying with time and as the price of bitcoin is increased then people start selling bitcoins. so the only risk in holding bitcoin is that when you hold a number of bitcoins and unfortunately price of BTC fall in market then you will face loss if you can sale your BTC at that time. But this is very rare case because price of bitcoin mostly increasing with time.

[rejin29x]

The risk is only when a huge group or countries will emerge and will seriously bring bitcoin down. They will discredit it and will spread anomalous news so people would avoid it which will result for our bitcoin to be worthless

[kamote291993]

The biggest risk would be losing its value after holding it for a very long time because we don't really know for sure when bitcoin will come to an end, although it is showing much potential now, remember that it is very volatile - its price could drop drastically anytime. Also, you will miss the thrill of trading, despitw of being risky, it makes your coins move

[grandbrad02]

Hodling Bitcoin is really risky when the price isn't stable , it could be lost 6k$ price in just 2 days. But it could be up 7k$ in the next 2 days. So Bitcoin is risky.

[bamb]

The risk of holding bitcoin is always in the short term definitely not in the long term! The volatility that affect the price of bitcoin in short term basis is also the springboard that give bitcoin outstanding value in the long term! So I will say that the risk of holding bitcoin is not holding!

[Shamburis]

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 a  jr.member of this forum i do not even think that holding bitcoin is a risk. as i know if your holding bitcoin and wait till the price of it get higher then you can trade it and become big money, and that is what we call earning big money in bitcoin.

[fullhdpixel]

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 investing bitcoin, comes with a greater responsibility and risk. Any Investment that involve money has always a risk.. bitcoin is indeed risky but it depends to you on how you grow your bitcoin. If you want to put it in trading so be it, learn and study technical analysis and basic fundamentals. Attend seminars near your place ,if ever has. There are so many ways to grow your bitcoin, but always remember consider the risk. You can also put your bitcoin in IcO investement but have a couple of research if it's legit or it will soar it's price soon.

I think that there is no risk in keeping bitcoin in present market as there are predictions that the prices of bitcoin will increase in the market so if someone is having bitcoin then he should keep it for longer term to have reasonable profit from the market. One can search in the market and consult the people  about their business  as how they think the prediction of bitcoin to be raised in the market.

[noormcs5]

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.

That is right, big risk in bitcoin that if we forget our password and hacker hacked our bitcoins, then what is left for us. We do work with bitcoin and use our money in bitcoin, indirectly we are taking a risk and use our money in a risky way. But same time we never forget it that if we safe our bitcoins in our  hard wallet with carefully then of course we have a solution of this big risk of holding the bitcoin. Otherwise i never see any big risk is here to hold the bitcoin only profit and profit is here. 

[BaraxLo]

i think there is no risk of holding bitcoins for atleast 5 to 10 yrs

Bitcoin is the evergreen currency and investment and this is why people are investing into it all the time and working hard to collect this bitcoin. The future of crypto currencies is very much bright and they are the future currencies of the world. As far as bitcoin is concerned, the coming score is highly profitable for bitcoiners and awesome for bitcoin growth and market as well. Hold it as long as you can to be a millionaire.

[jasonphilips]

There is no mechanism to recover stolen or lost Bitcoins. If somebody hacks into your wallet where you store your Bitcoins you lost them for good. The best way to store your Bitcoins is on disk that is disconnected from the internet.

[Ray3z]

What do you think is the biggest risk? You could lose all your money. That's the risk. Are you prepared to hold it long term if the value decreases by thousands? What if it never recovers? Can you take the losses? Nothing is guaranteed.

I also worry about this. Loss of all my money amd never recover.
If the value decrease or become zero, thats very scary. Thats the biggest one i think.

[ricardobs]

Everything in this life is riskious and we need to take risks sometimes to make a great decisions. Holding bitcoin is a way of investing that some people are using to improve their money and making their saved some much more bigger. The risk is about the decrease in the price of bitcoin that can happen.

There are pros and cons of all the things we are having. Holding of bitcoin is the most profitable thing as it can help you make more money. Market value is continuously increasing and because of it, the amount of profit rises as well. However, the only thing which can create troubles for you is to lose your control over your emotions at the time of dump. This can causer serious problems and you will lose your money.

[Mr.John19]

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 the bitcoin, we don't have to control that why there is always a risk of holding and investing in the bitcoin. We are not sure when the price either raise or down. Just we need more patience and wait for the proper timing.  We trust so much the bitcoin because this will be a platform for our dream.

[GothicTauren48]

Well, the biggest risk you can encounter in bitcoin. Is losing all your money, bitcoins volatility is unpredictable. NO one can't predict how the market would go.

[emodafinil35]

Bitcoin is getting popular so I don't think its value will go down but can't say and the other risk is it is stored in online wallet...