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BobBct
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December 27, 2017, 01:37:04 PM |
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Holding BTC is a great way to earn money with out doing any work, but like few months ago BTC was 4k and dump to 2.9K which is a risk on people who hates loosing money but look at BTC now it's already 16k!
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sumanto
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December 27, 2017, 01:38:08 PM |
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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 risk of saving the bitcoin from the buy when the price is high is when the price drops and you are stuck in the price it will make you depressed, but if you are an old player then the old players who buy bitcoin when the $ 100 price is very profitable and can become rich today, that's the advantage I can draw for you. |
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GothicTauren48
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Activity: 64
Merit: 0
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December 27, 2017, 01:38:22 PM |
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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...  I don't think what you have said is considered as risks in bitcoin. Its more like an advantage, getting popular means having more investors thus keeping the price steadily growing. Second, money stored in an online wallet is much safer than holding cash in our hands. |
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BitcoinPC
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December 27, 2017, 01:44:53 PM |
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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. It is right fear but you should see the history of bitcoin that bitcoin have spend a long time in this world and since now bitcoin has no zero value then why in future bitcoin will come at zero? because the coming time is bitcoin and digital currency's time. But risk is always be here with bitcoin, and it is our skills how to save our bitcoins from lose. |
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rejin29x
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December 27, 2017, 01:49:00 PM |
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Bitcoin is a decentralised, autonomous currency. Its supply is restricted to 21 million bitcoins. Due to trust and confidence by its investors and traders bitcoin`s price is crossing new targets. Bitcoins limited supply and growing demand making it more and more volatile day by day. Such volatility is risky for any currency. Bitcoins price swings up and down by more than 15% at a time, resulting in profit as well as huge loss for its traders and bitcoin holders
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poplolnman
Legendary
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Activity: 1442
Merit: 1008
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December 27, 2017, 02:01:09 PM |
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Holding BTC is a great way to earn money with out doing any work, but like few months ago BTC was 4k and dump to 2.9K which is a risk on people who hates loosing money but look at BTC now it's already 16k!
See? The real risk are on how you could missed the opportunity to buy in low price, yeah at the dips. As you are planning to hold it for long time , you would simply ignore the drop which actually it's the opportunity to buy in very low rates , unless of course if you do keep buying bitcoin. |
I'm in 400,000 euros debt , dont help me , i rather die
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imking
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December 27, 2017, 02:15:17 PM |
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The Biggest risk to hold. If the bitcoin is, you lose all your profits. Bitcoin price is not stable it might increase and decrease. Our wallets can be a hack or might affect our mining computer. Before start investing in the bitcoin, you should always be prepared to lose your money.
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WatchMaker
Full Member
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Activity: 518
Merit: 104
PUFFY FINANCE
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December 27, 2017, 04:02:09 PM |
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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?
There are only two risks involved in holding bitcoins; the first risk comes from the bitcoin wallet where you store your bitcoin. if your wallet is secure you are safe but if not you might get hacked very easily. the second risk is the market fluctuations; when the market starts misbehaving you should sell and buy later the when the market stabilized, that are only ways to stay safer will holding your bitcoins. |
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Kousei23
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December 27, 2017, 04:45:01 PM |
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I think the risk of holding bitcoin or buying bitcoin they have possible that your money will lose or decrease once bitcoin decrease the price. Even the price of bitcoin as of now continue to increase we dont know when the price decrease maybe tomorrow. What if you buy today and if you see the price tomorrow will decrease for sure your money will decrease also.
The risk of holding bitcoin that scares everyone is that the possibility of the price will drop nearly to zero. Even though as of now that the price rises up it's still scary that it will drop anytime. Because the price is not stable. A user will loose money and investment. And also the fear that one's wallet will be hacked, so much better to secure it. |
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Kevondo
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December 27, 2017, 04:51:30 PM |
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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 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. If you are good at controlling your nerves and you don’t get panic at the time when the market price starts falling down, then there is no such risk of holding your bitcoins. If you are holding your bitcoins, then there will come such situations when the market price will fall down considerably. You don’t need to get panic at that time. Stay calm at that time and do nothing except holding of your bitcoins. |
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Radnie
Member
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Merit: 10
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December 27, 2017, 05:50:31 PM |
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Absolutely nothing, Why? if you hold your bitcoin and wait for sometimes till reach the peak and sell it. Imagine the value of bitcoin last year 2016 and compare to the present value 'Its high in the sky right?' and the trend is continue to rise up.
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Protected101
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December 27, 2017, 09:55:01 PM |
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I think theres nothing to worry of holding a bitcoin ,when a price value turns to zero but that is impossible it was never happen in bitcoin although the price was volatile its value always flactuates,increasing and decreasing ,rising and falling it always the main attraction why would still holding bitcoin for a long period of time it may probably have a profit when you hold it.
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daglordjames
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Activity: 550
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December 28, 2017, 06:10:47 AM |
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i think the risk is i'm gonna lose it and holding takes a long time when to sell my bitcoins and its not to easy because it always decrease.
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millgates
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December 28, 2017, 06:23:42 AM |
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The Biggest risk to hold. If the bitcoin is, you lose all your profits. Bitcoin price is not stable it might increase and decrease. Our wallets can be a hack or might affect our mining computer. Before start investing in the bitcoin, you should always be prepared to lose your money.
Bitcoin isn't real gold which always valuable, The price which always increase and decrease is risk but also become opportunity for investor to gain profit. People must know what kind of things they buy. The risk is bigger for bitcoin owners who aren't technologycal people, they are easy target for hacker or any type of cybercrime. |
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kamote291993
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December 28, 2017, 08:00:04 AM |
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i dont think its risky. as long as you still have funds on your pocket to spend. i always belive that bitcoin investment is never too late, never will be waste and never will loss. so, holding a bitcoin my friend is actually an advantage today. check how it pumps on a weekly base. youll be amazed
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Btc_1856
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December 28, 2017, 08:19:03 AM |
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Not only with bitcoin in every investment we have to face risk but when it comes to Bitcoin it has higher risk because there is big price fluctuations. For the people who are holding it for long then they will make pure profit.
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jeepuerit
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Activity: 306
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December 28, 2017, 08:47:03 AM |
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The risk of bitcoin handling is when it comes down to its price, that's it. It's not really risky when you're in bitcoin where you hold, unless you're hacked.
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radvntxge
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December 28, 2017, 09:19:27 AM |
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The risk of holding bitcoin can make your money become zero, you always check the value of bitcoin if you need to have a profitable money into it. There is always a big risk if you hold always the bitcoin.
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shezu007
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December 28, 2017, 09:25:21 AM |
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There is no such big risk in holding bitcoin but yea the price of bitcoin is varying with time then if you bought bitcoin on 16K$ and price fall from 16K then you can face loss but if you hold them for a time when price is increased from 16K then you can earn enough profit. Holding BTC is not risky but you need patience.
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raziplab92
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December 28, 2017, 09:31:06 AM |
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In every investment there is factor called Loss.believe me no one can give exact answer what will happe in upcoming days.so before putting all your money in bitcoin consider this side of it.in my opinion that era is the time of growth for bitcoin buy at low price and sell high.secure your money first then go for profit.
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