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Topic: What is the risk of holding Bitcoin? - page 16. (Read 19120 times)

hero member
Activity: 1078
Merit: 501
January 12, 2018, 10:03:10 AM
Of course the biggest risk is LOSS if you didnt protect your Bitcoin wallet and due to the fluctuating of Bitcoin world.
It’s not that much risky as people are thinking because people think if they spend a lot of money on it and then they keep it on hold for long time and its price stop growth so what they will do because they think they invest a lot of money and then they can’t withdraw their money so for sure they have to wait for more long time but it’s not true bitcoin price is high day by day and it don’t stay on one place so you can jeep it on hold.
full member
Activity: 239
Merit: 100
January 10, 2018, 08:40:48 AM
govement regulations can destroy Bitcoin, i think some time in the future, the coinmarket will crash. i think you can guess  how risky that is.
full member
Activity: 420
Merit: 102
January 10, 2018, 06:11:55 AM
Here risk is only depends on the bitcoin price,bitcoin prise always changes.we can hold bitcoin for future plans.bitcoin is digital currency.bitcoin is the new generation currency it has long life.we can hold bitcoin till price is increase.
Bitcoin is a digital currency that is changing like crazy at the moment so it does kind of make sense for investors to feel risky or afraid bout the price.  Experts also fail in predicting its value increasing the fear in the hearts of investors. One thing is for sure Bitcoin is going to grow in the coming years and if there is a downfall the holders should not panic. It is not that risky to invest in Bitcoin as people keep on saying.
member
Activity: 364
Merit: 17
January 10, 2018, 01:25:53 AM
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?
There may be only one risk if you have bitcoins. when your bitcoin wallet does not have a high level of security, it is very likely your bitcoin will be stolen by others. try to always update your bitcoin wallet password.
newbie
Activity: 6
Merit: 0
January 10, 2018, 01:13:16 AM
Of course the biggest risk is LOSS if you didnt protect your Bitcoin wallet and due to the fluctuating of Bitcoin world.
newbie
Activity: 148
Merit: 0
January 09, 2018, 09:17:57 PM
Dear It is crypto world !!! here nothing is permanent. If Bitcoin go up like anything , it might go down like anything too. Another point is, it is digital currency which i call technical currency and technology always changes. So suppose someone introduces better concept than Bitcoin then it will be zero.

These are the risks as per me.
sr. member
Activity: 980
Merit: 261
January 09, 2018, 09:06:24 PM
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 there few risks involved in holding bitcoin such as; storing your bitcoins in an online wallet/exchange, the price fluctuations, stealing or fire outbreak for hardware wallets, and online scams if you are not very careful.

those risk must consider by the others especially the security of the coins from your wallet , and also the price of bitcoin that might drop for a couple of weeks so if you hold bitcoin make sure you can hold it as long as you can and as long as the price is good dont sell bitcoin when price start to drop , if i were you holding bitcoin for a couple of months is good enough for you to earn.
copper member
Activity: 658
Merit: 284
January 09, 2018, 08:41:16 PM
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 there few risks involved in holding bitcoin such as; storing your bitcoins in an online wallet/exchange, the price fluctuations, stealing or fire outbreak for hardware wallets, and online scams if you are not very careful.
full member
Activity: 224
Merit: 100
January 09, 2018, 05:22:08 PM
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?

Biggest risk has to be something happens in the world that causes the internet to stop existing and your bitcoins would all be worthless or gone. But if that is happening then losing your bitcoins isn't your biggest problem Grin
full member
Activity: 588
Merit: 100
January 09, 2018, 05:06:24 PM
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 biggest risk if you invest your money directly into bitcoint is that you could get huge losses and not meet the target of what you invest. But investing in bitcoin is actually very good, you can get multiple benefits if you can wait for the price to rise high.
Generally speaking, I believe that all the activity of a crypto-currency carries in itself a certain level of risk. At least people who have invested their real money in Bitcoin, today risk losing the interest they hoped for. Especially if a person bought Bitcoin for 13,000 dollars, expects that these coins will rise in price to 20,000 dollars. But the situation is so shaky that Bitcoin can drop even below $ 10,000. That's how you can say that many risk losing enough big money.
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
January 09, 2018, 05:05:41 PM
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 risk of holding bitcoins  is you must suffered to wait a month or maybe a year before  you can earn a big profit,you need a right timing that the price value will grow rapidly,so if the value will slowy to go up,or sometimes its will down,you must have a patience to wait,until the time that the price is going back to normal,and its needed also of your right decision whether you can hold much more longer or  its better you trade it now,even you can gain a small profit,so you must thinks wisely when holding bitcoin because sometimes when you hold so much maybe its turn the coins to zero value.
legendary
Activity: 1568
Merit: 1002
January 09, 2018, 02:15:55 PM
As long as the growth keep on continue, then you got nothing to worry, you just need to make sure your wallet got a tight security and you dont lose your private key, the only unpredictable problem is maybe the government will make regulations or banned bitcoin
I agree with you, the worry is the government prohibits the existence of bitcoin or can not to transact with the bank, for storage bitcoin we can rely on a safe wallet. but it's all pointless if the government bans bitcoin in his country.
There are many ways to withdraw funds, don't despair if the state government forbids you. We can make a withdrawal through a bank of another local country that has received full bitcoin without any prohibition, then you can convert it to your currency.
full member
Activity: 210
Merit: 100
January 09, 2018, 02:15:45 PM
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 biggest risk if you invest your money directly into bitcoint is that you could get huge losses and not meet the target of what you invest. But investing in bitcoin is actually very good, you can get multiple benefits if you can wait for the price to rise high.
newbie
Activity: 70
Merit: 0
January 09, 2018, 02:10:51 PM
In holding back I can assure you that you will gain from that but the risk is you will not do anything to it and when it dumps it dumps but if you became stupid and sold it well that’s not the reason why you hold.

You won't lose anything by holding when you only invest what you can lose. As long as there is volatility Bitcoin will continue to be valuable at least to traders.
member
Activity: 504
Merit: 14
Miracle Tele
January 09, 2018, 02:06:00 PM
     Risks are multiple. If you refer to the bitcoin's risk, there are quite large fluctuations. If you bought bitcoin now, when the price is high, the risk is even higher. If you refer to hackers, the risk is high without a well-walled wallet.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
January 09, 2018, 02:04:17 PM
As long as the growth keep on continue, then you got nothing to worry, you just need to make sure your wallet got a tight security and you dont lose your private key, the only unpredictable problem is maybe the government will make regulations or banned bitcoin
I agree with you, the worry is the government prohibits the existence of bitcoin or can not to transact with the bank, for storage bitcoin we can rely on a safe wallet. but it's all pointless if the government bans bitcoin in his country.
member
Activity: 168
Merit: 11
January 09, 2018, 01:15:04 PM
The biggest risk of the holding of your bitcoin is the sudden and unpredictable changes in its price.There was a time that you wanted to sell because of its increasing price, but then there were chances of it will still go up.But the sad part is, it will fall. So it was the biggest sacrifice on holding back.
member
Activity: 602
Merit: 10
January 09, 2018, 02:30:56 AM
In holding back I can assure you that you will gain from that but the risk is you will not do anything to it and when it dumps it dumps but if you became stupid and sold it well that’s not the reason why you hold.
cause the reason why you have and you may choose to hold it cause you really wanted to have some great opportunity of having and taking some risk of it so better to have patience and think positively, also you have to decide it that you may have to take the risk while you may choose to hold this for a long time.
I'm worried about the inexplicable growth of Bitcoin. I'm used to realizing in real life that the price of a product and the dollar rate depends on certain things. And even if you take for example gold, then it has both physical value, but in the case of crypto currency, especially with Bitcoin, things are quite different. I can not understand What is the value of Bitcoin, if the price rose to 20,000 dollars.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
January 09, 2018, 12:40:34 AM
In holding back I can assure you that you will gain from that but the risk is you will not do anything to it and when it dumps it dumps but if you became stupid and sold it well that’s not the reason why you hold.
cause the reason why you have and you may choose to hold it cause you really wanted to have some great opportunity of having and taking some risk of it so better to have patience and think positively, also you have to decide it that you may have to take the risk while you may choose to hold this for a long time.
jr. member
Activity: 52
Merit: 2
January 08, 2018, 11:48:50 PM
Holding Bitcoin is kinda risky, in part of investors. Changes in price and value of Bitcoins may affect your decisions because coins holding may get higher or lower returns.
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