Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 38. (Read 7368 times)
I think the greatest fear of a Bitcoin holder is to have its value goes down. Because today the value of it is very high and there is a prediction that it will goes up in a few months.
my biggest fear as a holder of bitcoin is that its value might suddenly goes down and worst , bitcoin became value less. But I think these will not happen, even if the value of the bitcoin will go down, there will still be a sign and people can prepare for it. These are my only fear for bitcoin.
For me, the biggest fear in holding bitcoin is if my bitcoin is hacked. Now hackers have sprung up and taken action in every way, not a difficult thing for hackers to take our bitcoin account.
All you can do on a practical level is separating credentials to access funds onto several devices. 2FA, these second factor authorisations.And spread funds across several places.
The theoretical level is cold storage. Nobody can hack a cold store. A legit, real one on several papers.
It's theory since in practice this is a currency, and we are traders.
As a bitcoin holders my fear is that the value of bitcoin will fall. And also if they will hacked my wallet and steal my digital money. In addition, my fear is if the government or banks will not allow or declare that it is illegal to use bitcoin and if they will give sanction to those bitcoiners.
The only thing that scares me with my bitcoins is when it becomes impossible to cash out meanwhile nobody (merchants) accepts bitcoin as payment. But I doubt it would happen because the silk road will always be there to accept bitcoins.
I have the same thought. There is no other fear that will make bitcoiners fear so much about bitcoin.
So when nobody accept bitcoin mean the value is zero.
Look at the recent price i think not possible it will happen.
if I am not able to buy more BTC due to high value and no else wanted to sell, is what scare me most as Bitcoin enthusiast.
Too many opportunities knock in front of me, and it will never be happen again, so this time, i will grab every chances to collect more Bitcoin.
Too many opportunities knock in front of me, and it will never be happen again, so this time, i will grab every chances to collect more Bitcoin.
My biggest fear ever since 2014 (when I first started collecting coins) is that someone would hack into my wallet and steal my coins. That was why I was seriously considering purchasing a hardware wallet. But then, it is also not 100% safe, and it exposes me to additional risks as well. If we store our coins in a hardware wallet, then they can be confiscated by the authorities.
My fear is not getting enough bitcoins to make more profits than I should have. It would be such a huge waste of potential if we don't go all in on bitcoins. But then again, who would predicy how much of a "good investment" are bitcoins, right? Maybe anhtime it could crash. Maybe tomorrow it might reach $20k all of a sudden.
For me, the biggest fear in holding bitcoin is if my bitcoin is hacked. Now hackers have sprung up and taken action in every way, not a difficult thing for hackers to take our bitcoin account.
My greatest fear is when my account is being hacked and all of my bitcoins get robbed. But i think it depends on how I handle my coins. And also I am really afraid that bitcoin might face out in the community or will be banned in my country, all of my efforts, hardwork, patience and perseverance will be wasted if it will happen. All the coins i have and will be invested will be dumped, that's the worst scenario. That is why everytime I receive tokens or coins, I immediately trade it but of course i'm still waiting for the right time to trade it.
The only thing that scares me with my bitcoins is when it becomes impossible to cash out meanwhile nobody (merchants) accepts bitcoin as payment. But I doubt it would happen because the silk road will always be there to accept bitcoins.
I have the same thought. There is no other fear that will make bitcoiners fear so much about bitcoin.
So when nobody accept bitcoin mean the value is zero.
Look at the recent price i think not possible it will happen.
My fear is bitcoins might crash all of a sudden. Bitcoins are described as bubbles so when the price goes so big and then it suddenly pops, we're left with virtually nothing. All we have are digital coins that have no value. Another fear of mine is being keft out of all the opportunities with bitcoins.
My fear is missing out.
Bitcoin is a digital volatile money that makes it feared to hooked with. Many holders still believe on bitcoin despite on its volatility. Some are feared that bitcoin could not male it to the future and just sells out their holdings. The continuous downfall of price is the most feared scenario for bitcoin holders.
Bitcoins are digital money, exist and operate thanks to the internet. So for a bitcoin boss, what they are most afraid of is hackers and scammers. Not so, some people are afraid of their government forbid bitcoin, they will not be able to trade and invest bitcoin anymore.
The value of bitcoin today continues to rise so high for the past few years and if I decided to invest my money in bitcoin just now, I'll spend a big amount of money for just one btc and that's my greatest fear if bitcoin value drops and never recover from that.Volatility still one of the main factors of every investor's fear. Holding bitcoin for a long time is like a gamble, and it seems the bitcoin value now is stable and I would prefer to gamble in this coin.
Yes now days many country government ban bitcoin. Other side many country newly accept bitcoin. They take it many fields. So i think do not fear about this its will be continue.
I have just one fear as bitcoin holder, Fear that my bitcoin wallet is hacked by someone. all of us is scared to lose their bitcoin that's why we better to put some effort to secure our online wallet.
Crush and burn.
i am afraid of crush but it seems highly unlikely now since there are no potential news that could crush the market.
i am afraid of crush but it seems highly unlikely now since there are no potential news that could crush the market.
Hacking.this is the only fear i feel.i have put a lot of my efforts to earn those.so if they got steal i dnt knw what im gonna do
Hacking is one of the great fear on me for my bitcoin but i have another greaterst one.
If the value of bitcoin always decrease and it loss in value till very bad condition. Its my geartest one.
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