What is the risk of holding Bitcoin?

[Bessta]

Bitcoin's volatility and unpridictability are one of the risks of bitcoin which is also the risks in almost all of investments.

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[puranijeans0011]

I think for holding you need to face some risk until the price of coin increases. When the price of coin is decreasing holding is the best option and once the coin increase you can sell them anytime when ever you need for liquidity.

The risk associated in holding bitcoin comes in two ways, either there is a drop in price (negative), or a rise in price (positive). And every investors and holders of bitcoin waits for the positive rise in price for a good profit.

[golek upo]

investing in crypto is very high risk, because the price of the coin is very volatile and can not be predicted.

[jostorres]

The significant risk is that your account on the stock exchange can be hacked and thus all the earned funds can be stolen

If I were to answer this then I think there are many risks involved here basing upon the perspective, fears or concerns of the holder. Some people find the digital world more vulnerable to exploitation which is not true. The digital crimes are more frightening because they are difficult to trace back while in real world this is not the case. Some people consider the volatile nature as a big risk.

[rejin29x]

For me the risk of holding bitcoins, is there are more possibility that it can be hacked by hackers if well not protect or secured it very well, and i think the risk of holding bitcoin is to forget the private key of our wallet, and last risk holding bitcoins is the stability of price of it it can be decrease and it can also increase

[jinx029]

There are several types of risks you will be exposed to. I can justify each and every of them. But in order to stay positive. Lets just say you would want to look into the financial risks of it being devalued throughout the process.

[kamote291993]

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.

[BlockEye]

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.

Not just in BTC as well as in other alts, the risk only depends on time, since we all knew that btc reall have ability to make ATH, the only question will always be when, does we sell it on the right amount or does we still need to hold it, same in other alts thats why e always need some analysis whether that amount is more than fine for us or we can still wait more for it.

[Tantlizbat]

Bitcoin is a currency like no other. In short it's digital money that solves many of the problems our current currencies suffer from and introduces many
other uncertainties we never had to deal with before..

Risks To Hold Bitcoins:

Still too new. Bitcoin is only a few years old. It's possible that a competing crypto currency       becomes more successful than Bitcoin or that somebody somehow finds a major flaw in the  system.

Another risk associated with Bitcoin is that the process of taxation on capital gains is quite complicated. Investors need to instantly and accurately report on the capital gains and losses. Failure to comply with the reporting requirements results in fines that consequently reduce the gains or increase the losses incurred on the investment

[haster100]

Here risk is only depends on the bitcoin price,bitcoin prise always changes.we can hold bitcoin for future plans.bitcoin is digital currency.bitcoin is the new generation currency it has long life.we can hold bitcoin till price is increase.

[heninur]

Holding or selling bitcoin pose a risk, if you hold bitcoin, the biggest risk is if the bitcoin price suddenly drops and does not go up again, so you have to keep track of bitcoin developments so it does not happen that way.

[Exidous]

if you can travel in time, go back in year 2010, holding bitcoin until now makes a huge profit, but now i think holding Bitcoin is so risky, because when bitcoin's price decreases, you may lose money.

[Geemy]

what is your hold time ? if you will hold in long-term it's will be good choose , but in short-term like 1 months will be unstable

[BTG-BTC]

the only risk of holding is not knowing how to sell at the highest, but if you believe in the project and the future of bitcoin you will understand that there is no risk

[BobBct]

In holding back I can assure you that you will gain from that but the risk is you will not do anything to it and when it dumps it dumps but if you became stupid and sold it well that’s not the reason why you hold.

[Papaczed]

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

I dont agree with you eventhough that the bitcoin is really great cryptocurrency, for me there are still risk of holding bitcoin, just like when you are holding a lot of bitcoin it is good when the value of it is we will pump but when the value of it is we will dump you can suffer for a big loss and that was the biggest  risk of holsing bitcoin.

[doycku]

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

I dont agree with you eventhough that the bitcoin is really great cryptocurrency, for me there are still risk of holding bitcoin, just like when you are holding a lot of bitcoin it is good when the value of it is we will pump but when the value of it is we will dump you can suffer for a big loss and that was the biggest  risk of holsing bitcoin.

I think that Bitcoin users are more afraid of not hacking their wallets, And the fact that the price of Bitcoin can drop at all is very low. Many times it was said that the price level of Bitcoin could drop to the level of the beginning of last year, that is, $ 1000. I think it's very small. And it will not happen. This is really a terrible time. It may come.

[Clark05]

Ofcoarse the biggest risk of holding bitcoin to your wallet  is the price of decrease your money also decrease if the price of the bitcoin fall.  Many people hold their bitcoin to theri wallet for thsir future purposes and I think the money of who invested to bitcoin is the extra money only because if they invest all their money and once bitcoin price decrease their all money gone. Better if you have interest to invest in bitcoin invest only you can affod to lose because it's not always the price increase they have possibility also it will decrease the price and if that happen for sure you will cry.  So better to have extra money in your packet. But they can earn a lot of profit by holding bitcoin they have advantag and disadvantage.

[norman472]

I think every investment has risk , especially Bitcoin the price is volatile and unpredictable , but for a couple of year I followed Bitcoin is very small risk.

[Silvermist]

Holding Bitcoin is kinda risky, in part of investors. Changes in price and value of Bitcoins may affect your decisions because coins holding may get higher or lower returns.