Topic: What is the risk of holding Bitcoin? - page 25. (Read 19120 times)
There is always a high risk in holding bitcoin. But it is still safer than to invest in other altcoins. Although some of the altcoins have potential, they don't guarantee success in the end, not like bitcoin.
You will definitely in a very high risk if you will just let your investment and will not check the daily price of bitcoin and altcoins in the market. What if the price of bitcoin is already decreasing but since you never check the price, you already loss some of your investment.
Bitcoin is not really for jittery hands and day trades. Its price constantly dips and if you're too focused on monitoring the price, you may end up panicking like what's happening right now. Trust in your coin investments and hold.
You will definitely in a very high risk if you will just let your investment and will not check the daily price of bitcoin and altcoins in the market. What if the price of bitcoin is already decreasing but since you never check the price, you already loss some of your investment.
Bitcoin is not really for jittery hands and day trades. Its price constantly dips and if you're too focused on monitoring the price, you may end up panicking like what's happening right now. Trust in your coin investments and hold.
Holding Bitcoin is a high risk investment but can be very lucrative as well. There are reports from valid sources claiming that in 2018 we will reach over two trillion marketcap for Bitcoin and Altcoins but at the moment there are many factions backing their favorite Altcoins and Bitcoin alternatives and vested interests like Banks who back Ripple and Stellar Lumens for example, all fighting to take Bitcoin's place. HOLD some Bitcoin as a hedge but if you want to minimize your risk, you need to diversify into a basket of crypto assets also. A world war or such grave calamity could also bring down the digital currency if there is no longer a computer system to keep it running.
You will definitely in a very high risk if you will just let your investment and will not check the daily price of bitcoin and altcoins in the market. What if the price of bitcoin is already decreasing but since you never check the price, you already loss some of your investment.
Yeah bitcoins value is sometimes unpredictable, it is subject to inflation as well as deflation which could be really risky. But thats the game of any investment. So I suggest to invest only within your limits and when your into bitcoin, it's a must to monitor always as much as possible to reduce the risk of getting lost.
The value of bitcoin is unstable and the risk of depreciation or worse, losing your money is always a high possibility. You can always invest on bitcoin however; you need to secure your daily needs. It’s very similar to gambling so, always make sure to gamble only what you can afford to lose. My best tip is to join signature campaigns or offer services to earn bitcoin, that way you will not be putting your personal money at risk.
But the profit from signature campaign or offer service depend on your work many much. You need to spend all times for working if you want to have good income from signature campaign. Because every week, the maximum salary for a member just ~0.02 BTC/week (current). 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?
But I want to know what the biggest risk is to hold Bitcoin?
The value of bitcoin is unstable and the risk of depreciation or worse, losing your money is always a high possibility. You can always invest on bitcoin however; you need to secure your daily needs. It’s very similar to gambling so, always make sure to gamble only what you can afford to lose. My best tip is to join signature campaigns or offer services to earn bitcoin, that way you will not be putting your personal money at risk.
Ii fell that, bitcoin could nose-dive in price anytime. Even though in theory, bitcoin's price should continue to go up long term due to supply and demand, it isn't guaranteed. More risk in holding Bitcoins would lead to loss unless and until you wallet is set secured.
Of course you can't predict the bitcoin price so the main risk is you can lose all our capital especially now the price is really high.
I think loss is one of the risks of bitcoins. Even though bitcoin keeps increasing its price, there's always be a possibility that it may also decrease and because of that it is risky, it is risky that you might lose all your investments.
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?
Regardless of Bitcoin’s great annualized returns since its origin clinched alongside 2009, the truth will be that those coin may be still to its outset and nobody knows if it will by any means turn into Comprehensively acknowledged alternately if it will in the end vanish. This vulnerability encompassing Bitcoin’s future is reflected done its value instability. But I want to know what the biggest risk is to hold Bitcoin?
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?
But I want to know what the biggest risk is to hold Bitcoin?
The biggest risk of 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 a chances of it will still go up.But the sad part is, it will fall.So it was the biggest sacrifice on holding back.
Risk is always involved investment on virtual currency.Yet, since bitcoin is a decentralized virtual currency then I think bitcoin use best blockchain technology and some risk free for hold.
There are risk involved in any business Bitcoin is not exempted. Some of the risk are loss of private keys, password and loss of 2FA device. Then there is also hackers menace and Bitcoin going downwards to zero. You are to safe keep you keys, and your phone where your 2FA is installed. On hackers most of the exchanges are already taken care of their attack by beefing up their various security measures.
Possibly a correction on weekends so you can loose some your investments on a short time, but you`ll get them back and even more if you`ll wait
In my opinion, the risk was earlier. Now buy and hold bitcoin is not such a risk. Bigcoins began to enter large capitals, which means that large investors believed in bitcoin. Therefore, the risks are minimal.
In my opinion, the risk of holding Bitcoin is that you dont know its real value and no one know that. Bitcoin price is built based on the trust of the investors. So, when one bad thing takes place, all things will be destroyed.
If you buy bitcoin at a high price, the most likely risk is that you will lose your money, tapu if you have the patience to wait for the price to go back up, the bitcoin price will always go up as long as there is still demand for it. No one can guarantee how much risk will be borne by bitcoin holder
Keeping bitcoin is not a risk at all. If one thinks short-term then this is a risk. no matter what the unit prices are.
only the value on the market falls but the units you have remain the same. never lose value that is achieved.
only the value on the market falls but the units you have remain the same. never lose value that is achieved.
I didn't get what you mean there's no risk at all short-term or long term has risk, isn't it? If you invest in bitcoin and market crash then you will lose part of your investment unless it recovers but since price is so volatile then no assurance. I'm not yet an expert in bitcoins so please correct me if I have wrong view about it.
If you want to know my opinion about it, there's always some risk in holding any cryptocoin in longterm basis. Successful crypto owners buys it in the dip and sell then in rise..
Rest is your choice..
But how to know whether bitcoin is going to dip or take a jump. We always predict about the future of anything after studying its past, so the past of bitcoin says that all those who have hold the bitcoins through its thick and thin are the ones who really earned the profit. Rest is your choice..
The best advice in this regard is to take out your capital as soon as possible after investing and let the rest of the money (Profit) stay there. Because bitcoin cannot take a high dip because of so much demand in the market.
If you have little money left and you invest it on bitcoin then the biggest risk would be getting financially down. Just balance the money you can invest and the money you need for daily expenses
Only a fool will do this mistake of investing more than he or she can afford. If you are taking debts for meeting your daily expenditures but investing too much for future, you are standing at the same place. One should invest only what he or she has as an extra money or something they can compromise on rather than investing what they need for fulfilling their basic human needs. Always think before taking such steps. Jump to: