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BountyX
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January 18, 2018, 05:04:51 PM |
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The risk is to lose part of all of your money. However, I have discovered that this can happen also to your FIAT money that you keep in the bank, or making investments which are popular in the mainstream media. So all things considered I prefer the risks inherent with Bitcoin.  |
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Lenzie
Sr. Member
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Activity: 658
Merit: 254
For campaign management, please pm me.
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January 18, 2018, 05:22:44 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?
You already stated the risk. You put your money in Bitcoin not knowing what it holds for you. Are you willkng to lose that money you are investing? If not. Then please do ready yourself. Think pessimistically and you will see all the risk there is. What if you buy a bitcoin and price goes down dramatically and does not recover forever? Things like this. Bitcoin is very unstable, it is a great risk but this is what this coin is famous for. Much like a gamble. |
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rosalyn07
Member
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Activity: 244
Merit: 13
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January 18, 2018, 05:53:20 PM |
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The risk of holding bitcoin if its price is going down you will lose your money it can affect your emotion if the is always decrease and it will also affect your studies, work and business. The best way you can do is don't panic and hold it for long term until bitcoin will rise again to your target price.
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nominee
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January 18, 2018, 06:11:35 PM |
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The risk of holding bitcoin if its price is going down you will lose your money it can affect your emotion if the is always decrease and it will also affect your studies, work and business. The best way you can do is don't panic and hold it for long term until bitcoin will rise again to your target price.
This is what I made this week. I held some few amount and I made myself a huge loss after market crash, this is pitty. But I don't lose my hope for bitcoin. I'll keep surpporting it on the market. |
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nani
Newbie
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Activity: 155
Merit: 0
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January 19, 2018, 01:58:10 AM |
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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 greatest risk you can experience big losses because as we know that the price of fluctuating bitcoin can sometimes rise sharply, and sometimes can also fall derastis. My advice if you really want to invest, you should be patient waiting for the price to suit your wishes. |
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yndye
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January 19, 2018, 03:09:38 AM |
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There is a risk that the coin would become worthless but then it is highly unlikely because there are many people who are still interested although the price is too expensive now to buy one. Besides, it is the most famous cryptocurrency out there and most of the local platforms like in our country offer only bitcoin to be sold that can be exchange to fiat so we don't have a choice but to buy it. Bitcoin may have some problems nowadays because of the fees but then there are still so many people who trust it. Yes there is a high risk but the reward is high as well.
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Nikkolodeon
Member
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Activity: 98
Merit: 14
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January 19, 2018, 03:52:56 AM |
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What do you think? I mean the biggest risk os pretty obvious, you may lost all your money if the bitcoin value crashes to Zero, but that's pretty much impossible unless there will be something or someone who will cut it down like the governments or anyone who has the power to cut it down. But I think there is a very slim risk in holding bitcoin because bitcoin value is continiously rising. So I suggest that you should invest now because bitcoin value is still low.
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musharaf
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January 19, 2018, 06:48:02 AM |
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The big risk involved with this is the price fall in the present time those who have cash out bitcoin in the last month of 2017 they were were profitable but it is good now to buy some of the bitcoin hold for the future i think the bitcoin price will rise in the future since few days the bitcoin have stability in prices. In the future it is very good to make some arrangements to buy and hold bitcoin the risk and return both will move together. After the high risk the high return is also expected.
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piter_wip12592
Newbie
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Activity: 219
Merit: 0
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January 19, 2018, 07:16:06 AM |
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I should not keep bitcoin because the bitcoin price is very fluctuating. If you have a profit then you should not keep bitcoin again. If it was me, I would sell BTC to invest in ETH, I think it would be more effective to keep bitcoin
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simonbrep
Newbie
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Activity: 9
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January 19, 2018, 09:29:41 AM |
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The risk is getting in and getting and whether you make a profit or a loss. It seems to me that although the market in bitcoin is taking extreme highs and then extreme lows, it neverthelss is always going up on a long enough timeline. Long trading seems preferable to be, with a clear exit strategy that you must stick to no matter what
Also make sure that your wallet is secure
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twigmaester
Newbie
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Activity: 5
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January 19, 2018, 09:38:36 AM |
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Well if you need to ask this question you should probably learn more about investing before you invest your money. The biggest risk, as for all investments out there, is that you could loose all your money.
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dharnamonitor
Full Member
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Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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January 19, 2018, 12:38:26 PM |
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I would like to say that in this world Bitcoin is the safest bank. So you could put your money into Bitcoin as many as you can. Top of my priority is to hold and invest more in bitcoin compared to other coins, holding bitcoin is profitable together with the risk. Risk is always there all we have to do is avoid that risk and that part of our success.
Yes, it's safe but not that really safe in terms of the value of your money, unlike in the banks where you would just have to put your money and the value will never be changed unless there is inflation or deflation in the economy. In bitcoins, there's still a possibility that you could lose all of your money. |
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caloy06
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January 19, 2018, 01:03:50 PM |
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I think the biggest risk holding bitcoin is breakdown the value of bitcoin and if you invest bitcoin you become lose if breakdown biitcoin it is biggest risk holding bitcoin if you don't know what happen the value of bitcoin is rise or down.It is so very being dismayed to the bitcoin if this happen and lose of money invest in bitcoin.
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Granxis
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January 19, 2018, 03:04:59 PM |
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I think the biggest risk holding bitcoin is breakdown the value of bitcoin and if you invest bitcoin you become lose if breakdown biitcoin it is biggest risk holding bitcoin if you don't know what happen the value of bitcoin is rise or down.It is so very being dismayed to the bitcoin if this happen and lose of money invest in bitcoin.
During the drop of bitcoin price, you have to try other altcoins, during the big drop last week, some altcoins did not depreciate, even some altcoins gain value. |
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hahay
Legendary
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Merit: 1055
Leading Crypto Sports Betting & Casino Platform
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January 19, 2018, 06:37:24 PM |
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I think the biggest risk holding bitcoin is breakdown the value of bitcoin and if you invest bitcoin you become lose if breakdown biitcoin it is biggest risk holding bitcoin if you don't know what happen the value of bitcoin is rise or down.It is so very being dismayed to the bitcoin if this happen and lose of money invest in bitcoin.
During the drop of bitcoin price, you have to try other altcoins, during the big drop last week, some altcoins did not depreciate, even some altcoins gain value. In fact I do not see any altcoins bouncing at a time when bitcoin prices fall, which I see all the price of crypto's is crushed badly. But if talking the risk of holding bitcoin, I think it depends on your preparation what if the price decline is very deep. But if you intend to invest in the long term, I think it will be fine if there is a very deep price reduction. |
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yohaneshs
Member
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Activity: 406
Merit: 11
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January 19, 2018, 06:50:25 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?
Biggest risk i think bitcoin will falling down so depth. But its just a bad dream, so try to holding your money until bitcoin raise again. Don't see market too much because its will breaking your heart. Always reading the news about bitcoin and crypto currency. Just be patient and praying everyday . |
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Kamelia
Member
Offline
Activity: 126
Merit: 10
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January 19, 2018, 07:09:51 PM |
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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.
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atjiat
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January 19, 2018, 09:30:43 PM |
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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.
First of all, you do not need to pay attention to the fact that my forecasts can not sleep with respect to bitcoins. The fact is that to look into the Far future with the sharp drop of bitcoin is stupid. To date, many who have invested in Bitcoin have recently lost their revenues at a frantic pace. |
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rejin29x
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January 19, 2018, 09:42:15 PM |
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The biggest risk is definately losing all your money but beside this there are other risks too.
You might miss out other oppurtunitys in getting a good amount of money from some other coins. Bitcoin is allready trading at a high value but you can never know where it might go in the future. My advice would be to buy at least one bitcoin and hold on to it for a long time.
Regards
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StonedWolf
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January 19, 2018, 10:23:38 PM |
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In my opinion holding bitcoin has no risk, since this last has a permanent increasing value. To do this, you musn't sell your bitcoin only when it is an urgent case. Knowing that those precautions are for your well being, because you will regret a thousand times each transaction once the value achieve a great level up. To conclude, I advise you sincerely according to my experience and my previous bitcoin selling to hold your BTC the maximum.
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