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Author Topic: What is the risk of holding Bitcoin?  (Read 19135 times)
gates
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February 24, 2018, 06:25:00 PM
 #1241

Popularity and advantages of many other coins grow so fast, that BTC can loose it's value. In this way nobody will buy it and BTC becomes useless, there are the risks.

fearcoka
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February 24, 2018, 10:46:53 PM
 #1242

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?
Since such a price in principle can not be, then in theory, bitcoin is very much to fall, here's the risk. And after several years it can generally be divided into several, here is another supplement.

I dont really understand what you said the biggest risk of holding bitcoin.
But i get you a liitle point, the point is falling price. Falling price sometime normal and thats not dangerous at all. But fall into zero is the biggest risk.
The biggest risk of Bitcoin is its community. The Bitcoin community is a temporay community. They just concentrate to create a community when the Bitcoin price increases and they have profit from investing. But, when the Bitcoin just make them lose more money, do you think they still keep money in this currency?

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
wayaneka
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March 01, 2018, 10:18:49 AM
 #1243

One of the risk is you will never know you will get profit or not, because all people only can to predict about price of Bitcoin, so in the long term the price of Bitcoin could be higher or lower than price now. So holding Bitcoin just speculation and you never know when you get profit, and will be different if you trade it, by trade it you can pick some profit and buy again at lower price, so your money will increasing.

cheezcarls
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March 01, 2018, 11:13:56 AM
 #1244

For me, I think the risk of holding your Bitcoin is that the price is unpredictable and highly speculative. Not only that, it has high volatility as well. That is if you only focus on trading and holding Bitcoins only.

However, if you diversify your options in buying altcoins like Ethereum, Ripple, Bitcoin Cash, Cardano, Litecoin, NEM, YOLOCoin and so on, at least you have a lot of options rather than worrying about one thing like Bitcoin.

Just my two satoshis.

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MuhNofa
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March 03, 2018, 05:36:13 PM
 #1245

the highest risk if you hold bitcoin is if the countries of the world banned bitcoin in their country this will make the bitcoin price fall especially if the country invests much in bitcoin like aUSA
crimzonico
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March 03, 2018, 07:38:53 PM
 #1246

The risk is that the price could drop drastically if a way better alternative comes out. But since there seems to be a lot of institutional money in Bitcoin such a switch would face heavy resistance.
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March 03, 2018, 11:08:12 PM
 #1247

the risk you have to take is a loss, if you are not ready then do not do this but if you are ready then do it and hopefully you become successful
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March 04, 2018, 08:16:30 PM
 #1248

the highest risk if you hold bitcoin is if the countries of the world banned bitcoin in their country this will make the bitcoin price fall especially if the country invests much in bitcoin like aUSA
No it is not the risk for you but for them because banning bitcoin in your country means you are rejecting a lot of facilities for your country so it is not your headache as it will not affect your profit of bitcoin. It is going to lose the value of bitcoin because bitcoin has a lot of other countries accepting bitcoin and increasing demand of bitcoin is making the risk for holding bitcoin vanish now nothing can make bitcoin get down ever its growth and its potential will not get affected by anything.
Mystika
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March 04, 2018, 09:37:03 PM
 #1249

How much is it dangerous to hold bitcoin? Of course, the bitcoin is very risky, since no one can tell if it will raise or lower the value. If you have a lot of funds, you have to pay for the long investment.

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March 04, 2018, 11:45:58 PM
 #1250

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?
I think this time you can completely buy and hold long time bitcoin. It can be seen that bitcoin prices are recovering extremely strongly in recent days and are still on the way to break the barrier to return to the $ 20000 mark. That's why it's a great time to buy bitcoin, now $ 11200 bitcoin.
yang1782
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March 05, 2018, 12:49:04 AM
 #1251

I think you'd see the risk from a mile away. Bitcoin isn't going anywhere soon. It will always be its own ship. The risk really is that you won't be profiting as much. Keep in mind that alts are capable of increasing at a faster pace than bitcoin.
cryptogirlboss
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March 05, 2018, 01:24:14 AM
 #1252

Your main risk at the end of the day.. is YOU!

Bitcoin has been proving to be extremely strong despite all the volatility, hack and crash

After all it’s been running for 9years already no stop!

so you are your main risk: you could sell too early, getting hacked, forget your private keys and so on!
_IRMAN
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March 05, 2018, 01:36:09 AM
 #1253

the risk you can lose your money if :
1. You are panic selling bitcoins at cheap prices
2. Your bitcoin is lost because you keep it in the exchanger, and the exchanger is hit by a hack. Lol Tongue

but holding the bitcoin can also become no risk if :
1. you buy bitcoin now, and forget about it for the next few years (you can be a rich person, if you hold a lot of bitcoin)
2. you save your bitcoin in your wallet which you have private key
1BTC EQUALS 1CAR
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March 05, 2018, 01:51:33 AM
 #1254

The risk of holding bitcoin is when you forgot to sell it when you have to. In my opinion, people should sell it when it is on its peak because they can buy it back again when it drops like it always do.
minthit
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March 05, 2018, 01:52:35 AM
 #1255

I was interested in putting my money into Bitcoin because of the ever-increasing price.
Volatility of course. Today all of your money can be halved tomorrow. 'The ever increasing price' is only true if you hodl. You said you will put all of your money and I'm afraid you won't be able to hodl if so.
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March 07, 2018, 08:03:25 AM
 #1256

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?
Every Investment have a risk. In bitcoin, its have a risk. The risk is Loss. But any invester do not loss his all amount of invest.
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March 07, 2018, 08:12:58 AM
 #1257

holding bitcoin in my opinion is good, because bitcoin prices continue to rise, the loss if only hold bitcoin in the short term, if for a long time bitcoin is very profitable. my advice is better to save bitcoin than money.
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March 07, 2018, 08:19:28 AM
 #1258

What a ridiculous question Smiley Any holding could end-up when the price will fall. It's about any coin we currently have in our crypto wallets. BTC is not an exception.
boddy.dy
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March 07, 2018, 08:44:22 AM
 #1259

There are a lot of risk in holding a bitcoin. But I think that what is common is that if we hold on for a long time and the price goes down and never come back. It is just saying that we have all the money and with a snap it is all gone. We all know that bitcoins price is not stable and no one knows when it will last. And that is the risk we are having all right now that it might come one day that the price of bitcoin become low or worse come scenario zero value.
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March 07, 2018, 08:51:21 AM
 #1260

Now bitcoin price is going down and down .so, it's main problem of bitcoin.secound is sometimes bitcoin not safe and secure for us.so, invest or hold your bitcoin must think it's nature and price economy.
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