Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
The volatility of bitcoin holds a big risk to our money. Yet, untilnow it is still alive and still growing. Maybe the risk of it is 50-50 in your investment because in time to time it may be gone or it may continue to grow as it usually does.the best thing to do to minimize the risk is to invest only the amount you can afford to lose.