Topic: What is the risk of holding Bitcoin? - page 10. (Read 19120 times)
The risk of holding bitcoin is when the value drop or dump because you won't know or predict when it will pump again just like this month bitcoin was half way of the value last year so because it happens you want to sell or convert your bitcoin, right? but i think it's not a good idea just keep holding it and don't be tempted coz maybe next month bitcoin can recover.
Risk is the profits. Because for example you bought bitcoin in the lowest price then it pump any time then you didn't sold your bitcoin, so you missed the profits, then after the pump, the price of bitcoin dumps. So that is good opportunity to buy again.
I think, bitcoin is losing its place today, when a lot of potential coin development, like ETH, is very fast forwarding, not much time consuming in the confirm.
The original bitcoin free, many new coin also want to replace, like POWTOKEN free a huge amount.
So bitcoin is quite risky to keep during this time.
The original bitcoin free, many new coin also want to replace, like POWTOKEN free a huge amount.
So bitcoin is quite risky to keep during this time.
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.
It is really the risk of holding bitcoin. We don't know if the people will continue to patronizeand buy bitcoins. Cryptocurrency are strong but there are many organizations,nations or people that can remove the Cryptocurrency in our world. You should know all of the risk before you buy bitcoins.
Since bitcoin is a cryptocurrency everything like crashing is possible to happen, the possible risk there is when your account is being hacked or system may crash and all bitcoins dissolve and return to nothing, unlike in the bank the money you deposited is safe and secure but you cannot see profit also in the bank, you just earn a very little amount despite you make a large deposit, in bitcoin you will easily see the profit but of course there is a risk also that could possibly happen but that is just a very rare case because i know everyone is vigilant to this😃
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Do you mean literally holding Bitcoin or getting into Bitcoin? I'll just get into both, I guess. If you buy Bitcoin and then holding them, you'll be placing them in wallets. These can be either software or hardware, but one is not better than the other, they both have their pros and cons. The next is getting into Bitcoin, the risks involved there are, of course, Bitcoin's value is volatile and the price can be $10k today and $1 tomorrow, no one really knows. (I exaggerated on the price so don't @ me please)
Holding bitcoins get risk when you store it on your wallet but dont have sufficient security, beacause nowadays hackers are all around they get your token easily and one thing that also risky on holding bitcoin is the flactuation of price like a bubble you cant predict the price hike.
The biggest risk is that at some point you realize you are holding nothing.
This could happen:
A. If Bitcoin price goes to zero
B. If hackers steal your Bitcoins on your computer
This could happen:
A. If Bitcoin price goes to zero
B. If hackers steal your Bitcoins on your computer
Risk is involved in any kind of investment. In fact, you might know one of the most basics rule of investments:
“High risk, High return”
In worst case scenario, you’ll lose all your money and that can happen with most of the investment options.
Bitcoin is independent from government and banks, so no matter how hard these entity can try, they can’t completely ban or avoid Bitcoin.
“High risk, High return”
In worst case scenario, you’ll lose all your money and that can happen with most of the investment options.
Bitcoin is independent from government and banks, so no matter how hard these entity can try, they can’t completely ban or avoid Bitcoin.
For me the risk of holding bitcoins, is there are more possibility that it can be hacked by hackers if well not protect or secured it very well, and i think the risk of holding bitcoin is to forget the private key of our wallet, and last risk holding bitcoins is the stability of price of it it can be decrease and it can also increase.
I think the risk of holding bitcoin or buying bitcoin they have possible that your money will lose or decrease once bitcoin decrease the price. Even the price of bitcoin as of now continue to increase we dont know when the price decrease maybe tomorrow. What if you buy today and if you see the price tomorrow will decrease for sure your money will decrease also.
Every user knows that in every investment their is the risk of the price reduction. And holding bitcoin involves the fear of the it's price to decrease. Every bitcoin user will feel sad and terrible for it. But we all know that the price is not stable, it really goes down but eventually will go up, it happens everytime. And it is an ordinary situation that you have to be mindful so that you'll not make any regretful decisions that will affect your bitcoins.
the biggest risk I think if holding bitcoin is bitcoin price reducer, so it will decrease bitcoin value that we have, better bitcoin invested to altcoin or ICO
Of course there is a risk linked to the price volatility of Bitcoin, the price is not stable and it is going up and down everytime. But Bitcoin is expected to keep increasing with time so this risk is not really serious.
There is another risk if you don't take all the needed security steps about storing your Bitcoin (the wallet security, private keys..) you can get stolen or hacked.
There is another risk if you don't take all the needed security steps about storing your Bitcoin (the wallet security, private keys..) you can get stolen or hacked.
Based on what i'm experiencing, the only risk is when the price goes down, we have to hold it long enough and wait for the price to rise again. For other problems i personally have never experienced it. If you want to buy and hold bitcoin for the long term, then that should be noticed is the price graph, because bitcoin prices are not stable.
Every investment has price increase and decrease, which is certainly a very ordinary situation. If we do not know the risks we take, we can make sudden decisions in the event of a negative situation. For this reason, there is no extra risk except for hacking. I would like to say that in this world Bitcoin is the safest bank. So you could put your money into Bitcoin as many as you can. Top of my priority is to hold and invest more in bitcoin compared to other coins, holding bitcoin is profitable together with the risk. Risk is always there all we have to do is avoid that risk and that part of our success.
Yes, it's safe but not that really safe in terms of the value of your money, unlike in the banks where you would just have to put your money and the value will never be changed unless there is inflation or deflation in the economy. In bitcoins, there's still a possibility that you could lose all of your money.
They're right, the biggest risk really is, your money might lose. Because we are not controlling Bitcoin's price moves, it may fall unexpectedly. But that's the way it is, if you want to pursue life, you must first sacrifice.
Sacrifice is a must at the beginning because if we want to be success we have to sacrifice first.
Sometime sacrifice also not make us success for sure and maybe we still fail.
Risk is the profits. Because for example you bought bitcoin in the lowest price then it pump any time then you didn't sold your bitcoin, so you missed the profits, then after the pump, the price of bitcoin dumps. So that is good opportunity to buy again.
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?
The greatest risk when we Holding BTC is we lose all the BTC we have. Envision when we lose access to the wallet that we have then the blast will pulverize our lives. So I think keep and conceivable access to BTC that we have on the grounds that it can roll out a major improvement in our lives. But I want to know what the biggest risk is to hold Bitcoin?
They're right, the biggest risk really is, your money might lose. Because we are not controlling Bitcoin's price moves, it may fall unexpectedly. But that's the way it is, if you want to pursue life, you must first sacrifice.
yes you are right at certain point that of loosing your all money.but it depends upon you that how you may work on it.trade on it .The risk of holding Bitcoin is only there if you have not educated yourself about the world of crpytocurrencies. but i think it is not to find out information about all this stuff. There are lots of YouTube videos giving great info. The only thing is you have to watch out for where you get your info and from who. Usually, the people with experience that give it away for free are the best.
Based on what i'm experiencing, the only risk is when the price goes down, we have to hold it long enough and wait for the price to rise again. For other problems i personally have never experienced it. If you want to buy and hold bitcoin for the long term, then that should be noticed is the price graph, because bitcoin prices are not stable.
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