What is the risk of holding Bitcoin?

[mega]

It is true that holding cryptocurrency is full of risk,Bitcoin is leading and most expensive coin it is necessary to save it properly to avoid the risk of lost or theft,
There are many ways to secure the Bitcoin by powerful tools and wallets.
Bitcoin holding for long term profit oriented just need safe by different methods to avoid the risk of hacking.

[whyrqa]

It is true that holding cryptocurrency is full of risk,Bitcoin is leading and most expensive coin it is necessary to save it properly to avoid the risk of lost or theft,
There are many ways to secure the Bitcoin by powerful tools and wallets.
Bitcoin holding for long term profit oriented just need safe by different methods to avoid the risk of hacking.

but it seems to me that before you deal with the security of your Bitcoin, you need to learn information that talks about how you can get into the field of view of a hacker.

[RomanceThe]

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 no mechanism to recover stolen or lost Bitcoins. If somebody hacks into your wallet where you store your Bitcoins you lost them for good.

[komjhq]

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 no mechanism to recover stolen or lost Bitcoins. If somebody hacks into your wallet where you store your Bitcoins you lost them for good.

but today there are a lot of wallets, which provides very good security moments. If you adhere to all the conditions, then for your moments you can not worry. The most important thing is that your keys and passwords do not fall into the wrong hands because of your fault.

[chickenado]

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 no mechanism to recover stolen or lost Bitcoins. If somebody hacks into your wallet where you store your Bitcoins you lost them for good.

but today there are a lot of wallets, which provides very good security moments. If you adhere to all the conditions, then for your moments you can not worry. The most important thing is that your keys and passwords do not fall into the wrong hands because of your fault.

I think in bitcoin there is no risk at all, bitcoin has a risk if the person used it in a wrong way, so then the risk of bitcoin is really created by our own fault and mistakes of using it. I think we are the responsible of our own losses in this bitcoin feild because bitcoin is only an instrument and we are the one to make use of it.

[olia10]

Bitcoins should be considered as assets with a high degree of risk. Never store money in the bitcoins that you can not afford to lose.

[angrynerd88]

Bitcin holding risk may be hacking,government policies,and price fall.If we look upon past price of bitcoin increasing,But still there is rumors like glitch and prices will be zero but no reality behind these rumors just patience and follow your strategy.

[Distinctin]

Bitcin holding risk may be hacking,government policies,and price fall.If we look upon past price of bitcoin increasing,But still there is rumors like glitch and prices will be zero but no reality behind these rumors just patience and follow your strategy.

Anything could happen because the price will only be depending on us, if we continue to support bitcoin then it will easily succeed.
Think of the future and just leave the risk and not worry about it, it would be easy as long as you have the will to hold and you have the capital
where you can afford to lose.

[otunayode]

The risk of holding bitcoin is not holding it! Bitcoin is an asset class that world of finance have come to embraced hence we have now futures and indexes specifically for bitcoin. When cryptocurrency become accepted bitcoin will be leading the way surely.

[JRoa]

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 many reasons why bitcoin can be consider as risky investment. There are many hackers and scammers all over thr internet, you can easily lose your money if you don't have enough knowledge.

[Webberson]

The risk of holding bitcoin, is to lose it through one means or another, most especially when it is held for too long. It should be considered that the bitcoin market, has an up, down, movement and as such, you stand the chance to lose on an investment, in as much as you want to gain. Having a desired profit on a short term and opting out of the market, until when you spot another entry, is a good practice.

[Makrochain]

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?

We can see that by the end of 2017 bitcoin price reached $ 19800 but then fell dramatically after China's embargo. The bad news comes in a row with bitcoin that has made diarrhea bitter and loses more than 70% of its value. In the past two weeks the bitcoin price has dropped to $ 6,000, I think if you are holding the bitcoin, you should be able to sell them, because at present bitcoin prices are very unstable and unpredictable, so risky when you hold them.

[pelipurlara]

I believe keeping bitcoin is not risky because bitcoin has been active nearby for years and bitcoin is now stable, I myself made a profit from bitcoin and I am sure you will follow me to invest in it And in the future bitcoin will have high value in the market.

bitcoin prices will always go up as long as there is still demand for it. No one can guarantee how much risk will be borne by bitcoin holders but if you buy bitcoin at a high price, the most likely risk is you will lose your money, but if you have the patience to wait for the price to go back up and luck is in your hands

[Outlaw79]

Main risk of hodling bitcoin is losing you bitcoin during this period. Other than that there is of course a risk of devaluation of bitcoin for several reasons such as;
-Hack of the system
-A new coin governing the system
-High manupulation, speculation
-Global govermental acts
etc.

[wagi]

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.

Thats the biggest disadvantage of bitcoin and other cryptocurrency.
Volatile of crypto beside of profitable but also very high risk which it can lead our lose when we invest in bitcoin.

[blatchcorn]

if there is some problem in technical way then you can bother from it and other that is only hacking way if you hacked by some one then you might be survive that situation also otherwise there is nothing worries about holding the btc that is sure because everyone know about btc if no one is newbie in this people who are connected with  btc they what was btc and what did btc with the people so in my opinion only these words are important which is i mentioned above also.

[jason meneses]

if there is some problem in technical way then you can bother from it and other that is only hacking way if you hacked by some one then you might be survive that situation also otherwise there is nothing worries about holding the btc that is sure because everyone know about btc if no one is newbie in this people who are connected with  btc they what was btc and what did btc with the people so in my opinion only these words are important which is i mentioned above also.

[zander09]

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.

Thats the biggest disadvantage of bitcoin and other cryptocurrency.
Volatile of crypto beside of profitable but also very high risk which it can lead our lose when we invest in bitcoin.

That's the risk in bitcoin ,you can easily lose your money if the price of bitcoin wil be gone and no one can be complain, we have nothing to complain about it because bitcoin is decentralised and no one will handle and control on it.

[Lilmon]

The biggest risk of holding your money is, you may become millionaire in upcoming years and you may not believe it ! ;-)


Well, the risk is always of loosing or there is always goodness of winning. There are only such two things can happen and there is no third output form the bitcoin. The prices for it are not stable so you will never have stable investment. What you will have is either your funds will be growing big or they might be losing value over the time but nothing more than that. Im pretty sure that holding will benefit us in long time but as I said you loose or you win both has got 50-50 chances in the market.

[lil_jb]

He biggest risks are the bubble pops and the whole market crashes . Or an alt overtakes bitcoin in marketcap and it’s marketcap begins to diverse into other alts .