Holding will be a risk or not?? - page 42.

millgates

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Quote from: deadmou7 on January 05, 2018, 07:23:50 AM

As indicated by predictions bitcoin should have achieved 15k$ by end of 2017 and fall in first week of jan 2018

In any case, shockingly its effectively reached 17k$ in 2017.

Should I purchase or hold my btc?I don't plan to sell at any point in the near future.

You can expect more on bitcoin than any other cryptocurrency, many cryptocurrency enthusiast are investing their money in ICO which mean it's time to grow their bitcoin. All profit that they earn will be converted into bitcoin or fiat. Likely more investors will like to covert their altcoin to bitcoin because it's bitcoin is safe haven for long term investment.

rosepetals

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Quote from: deadmou7 on January 05, 2018, 07:23:50 AM

As indicated by predictions bitcoin should have achieved 15k$ by end of 2017 and fall in first week of jan 2018

In any case, shockingly its effectively reached 17k$ in 2017.

Should I purchase or hold my btc?I don't plan to sell at any point in the near future.

Investments is always at risk,as well as in crypto business where prices always changes..but since we are already here we must take every chances that we already have in our hands its just a matter of strategies inorder to profit.To think we are lucky enough knowing that there is this digital currency that can change our life in the future.All i can say is hold your bitcoins,because i could see that it could live for more years as its popularity had just started..and more people would adopt it if they know bitcoin could change someones life .

BAGOBO

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Quote from: ?? on ??

If they sell now, the price is likely to rise. If you wait, the price may fall. Just a reminder that investing in bitcoin is a very high risk.

I think all investments are risky if you invest in Bitcoin at least the risk is smaller than other coins. if you do not invest then you will be very loss because this is long term and Bitcoin definitely rise again

greggypiggy

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Theres always risk on investment. Maybe consider to put ur extra rather than putting your whole life

berkyavuz

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Nobody can know what will happen tomorrow because of that we call it 'risk' and this is the main point of earning money via bitcoin.

ilovefeetsmell

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Quote from: deadmou7 on January 05, 2018, 07:23:50 AM

As indicated by predictions bitcoin should have achieved 15k$ by end of 2017 and fall in first week of jan 2018

In any case, shockingly its effectively reached 17k$ in 2017.

Should I purchase or hold my btc?I don't plan to sell at any point in the near future.

It would be risk if you leave your private keys anywhere. But it is safe if you hold it becasue you have no reason to open your wallet daily to monitor your token. Monitor it atleast twice a week or every other day.

Kumbopulus

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It is always a risk holding cryptocurrencies. You need to accept it and just ride the waves, especially in a bear market

deejayce48

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Holding a coin for me is the safest method to gain here in crypto world. Because all coins will pump no matter what even if it has potential or none at all. That's the beauty of cryptocurrencies, all has the chance to pump we just never know when.

Butchick

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Everything that we do in the crypto world, be it to sell or buy or invest, requires risk and even holding on to your investment even is a risk. Risk will always be a part since no one really knows what the future holds for each coin. The only thing that we need to know is if the coin that we are planning to invest or hold is worth every risk. Bitcoin had drastically dropped before the end of 2017 but as for me, i guess it is best to hold and take such risk simce there is a greater chance that bitcoin value will increase over the next few months.

Rinsend

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Quote from: spiritshadow on January 15, 2018, 07:33:25 PM

Quote from: teejaymuna on January 13, 2018, 02:16:33 PM

I advice you do not invest more than you can afford to loose as any thing can happen with an investment on BTC ( the value is volatile) or other cryptocurrencies. However, I you are willing, you can go ahead and invest an surely, barring any price fall, you make some profit in a few months.

I agreewith you. One should only invest what they can afford to loose. Never invest your money if it is intended for other purpose.

I think how much we invest,
it will be a great advantage.
only with one condition as long as we are able to hoard for a long time.
until the moment the investment turns into profit.
because my belief the bitcoin price will always go up

spiritshadow

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Quote from: teejaymuna on January 13, 2018, 02:16:33 PM

I advice you do not invest more than you can afford to loose as any thing can happen with an investment on BTC ( the value is volatile) or other cryptocurrencies. However, I you are willing, you can go ahead and invest an surely, barring any price fall, you make some profit in a few months.

I agreewith you. One should only invest what they can afford to loose. Never invest your money if it is intended for other purpose.

Rajip

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of course this is risky, like any other investment... but I think bitcoin is a very good investment if you look on the profit/risk ratio.

Creating N Action

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I think holding bitcoin have less risk than other investment. But it depends in individuals on how we care and protect our wallet. We likely to hold bitcoin for a long time to get more income but we cannot sure that we can get it and other side get loss. We can't say that holding bitcoin are always interesting, what if the price is so inexpensive. Would you say holding bitcoin is good when the price is inexpensive or not? should I?

humanvelocity

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It is never a risk to HOLD any coin in crypto currency as its value might increase anytime. It is a newbie mistake if you have sold your coins at less than expected rates, You need to always keep checking your coins value and take decisions according to that by HOLDING few coins its value might be very low but it will go up again for sure and you might regret it later after selling.

kjnfmplm

jr. member

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Yes, holding it is risky like other methods to earn or grow your bitcoin. But the risk is bearable and you can get greater rewards in earning. I personally think that holding it is a good strategy to grow your bitcoin. Yes, it is risky but sometimes we need to gamble to earn fruitful rewards.

millgates

sr. member

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Hold bitcoin is safe, the risk is on your mind. You actually will not loss money if you don't sell your bitcoin in lower price. Just be patience wait until the price increase. Bitcoin has really big potential to experience increasing price. honestly, people loves bitcoin better than other cryptocurrency.

TheNextChampion

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It's a risk too. If we hodl a coin for a long time. There are only 2 result. A loss or gain. We must research first on what coin will we hodl and i will always stuck in my mind that my money could loss if the coin fails to perform in the market.

kiddddddd

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Investing in any such coin is a risk. However, the rise and drop of value are inconsistent so there's always a good and bad side on it. It is just about your strategy and research.

luigidosado

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Quote from: deadmou7 on January 05, 2018, 07:23:50 AM

As indicated by predictions bitcoin should have achieved 15k$ by end of 2017 and fall in first week of jan 2018

In any case, shockingly its effectively reached 17k$ in 2017.

Should I purchase or hold my btc?I don't plan to sell at any point in the near future.

Holding your asset is both a risk and a possible opportunity for your investments growth. Holding is one of the best strategy when it comes to investment. People hold bitcoin because they wait for their investment to grow and reach its desired profit. It is also a very big risk but the higher the risk the higher the reward. Bitcoin has a lot of potential to grow.

Bionicgalaxy

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Risky yet beneficial. Well, it is just the same thing when you do not hold bitcoin because the difference between holding bitcoin and not is just you saved it for a future purpose or you are planning to buy a thing which needs a big amount of money while on not holding a bitcoin is you do not have a plan to buy a thing on a higher price but you do buy a lot of lower price thing. It might not big if you do not hold bitcoin but it is the same profit you earn when do not hold bitcoin and hold bitcoin, holding it would be a higher little.

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