What is the risk of holding Bitcoin? - page 33.

chris200x9

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Quote from: sweetbet on December 07, 2017, 07:54:01 PM

Risk 1: The value of BTC could crash.

That's why you should set a stop loss limit for all your investments. When you reach that target then you should sell investments and wait for again right time to enter.

Quote from: sweetbet on December 07, 2017, 07:54:01 PM

Risk 2: Bitcoins can be stolen if the security is not strong enough.

There are many security features are already available to protect your coins so if you don't use them then you can't say it is bitcoin issue rather it is your personal issue of not managing your funds properly.

TheKeyLongThumbI

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The risk is only when a huge group or countries will emerge and will seriously bring bitcoin down. They will discredit it and will spread anomalous news so people would avoid it which will result for our bitcoin to be worthless.

meyklove

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I've been holding bitcoin for 6 months now and I see no risk at all.

Proximity Scan

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Quote from: nethan1btc on December 07, 2017, 06:29:19 PM

Quote from: South Park on December 07, 2017, 05:26:53 PM

Quote from: krigger on December 02, 2017, 07:45:48 PM

The risk of holding Bitcoin is that you will lose 50%+ of the value very quickly when there is a crash. That really is the only major risk. Holding is the best strategy if you want to make the safest ROI in crypto, and Bitcoin to be specific.

But while the risk of that happening is there you do not really lose money until you sell, so if bitcoin happens to lose value the only thing you need to do is to keep holding this can be hard since you may need to wait for a very long time but it needs to be done if you do not want to lose money.

I agree, to get back loss of profits we need hold it long because the prices for it are not stable so you will never have stable investment. What you will have is either your funds will be growing big or they might be losing value over the time. For those investors who really have a patient for holding bitcoin in a long term will give them a huge profit because i believe bitcoin has a capabilities to deliver 100% in the future come.

I agree with you for this, it provided already a great income for lots of people and it will maintain this performance in the future as well. The risk here is being a part of this complicated blockchain system, that's it for me.

sweetbet

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Risk 1: The value of BTC could crash.
Risk 2: Bitcoins can be stolen if the security is not strong enough.

cryptokitty

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I think the greater risk would be investing at the higher price then all of a sudden the price will go down, you will definitely get a loss with that situation and will hold your btc until it pumps again and gain a profit.

nethan1btc

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Quote from: South Park on December 07, 2017, 05:26:53 PM

Quote from: krigger on December 02, 2017, 07:45:48 PM

The risk of holding Bitcoin is that you will lose 50%+ of the value very quickly when there is a crash. That really is the only major risk. Holding is the best strategy if you want to make the safest ROI in crypto, and Bitcoin to be specific.

But while the risk of that happening is there you do not really lose money until you sell, so if bitcoin happens to lose value the only thing you need to do is to keep holding this can be hard since you may need to wait for a very long time but it needs to be done if you do not want to lose money.

I agree, to get back loss of profits we need hold it long because the prices for it are not stable so you will never have stable investment. What you will have is either your funds will be growing big or they might be losing value over the time. For those investors who really have a patient for holding bitcoin in a long term will give them a huge profit because i believe bitcoin has a capabilities to deliver 100% in the future come.

SunJAB

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The biggest risk when you keep the bitcoin is that you will be very nervous when the value of the bitcoin increases continuously and its amplitude is very large up to 1000 USD in a day. I have experienced that feeling and I understand how bad it is.

South Park

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Quote from: krigger on December 02, 2017, 07:45:48 PM

The risk of holding Bitcoin is that you will lose 50%+ of the value very quickly when there is a crash. That really is the only major risk. Holding is the best strategy if you want to make the safest ROI in crypto, and Bitcoin to be specific.

But while the risk of that happening is there you do not really lose money until you sell, so if bitcoin happens to lose value the only thing you need to do is to keep holding this can be hard since you may need to wait for a very long time but it needs to be done if you do not want to lose money.

sana9826

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The risk is you can lost all your bitcoin, we never know maybe oneday bitcoin will be lost suddenly, will be better if you dont hold it for long time, if you think you have enough profit, you can turn it into cash in order to avoid your btc get lost caused by anything else.

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Quote from: Bitinity on December 07, 2017, 04:38:37 AM

Quote from: pjwaffle on December 07, 2017, 04:06:59 AM

In my view, there is no risk when hodling Bitcoin. It has developed since 2009 and the price always goes up whereas many countries in the world ban it. No problem. The future belongs Bitcoin.

You forget of something called by hacker Grin

there is always a risk on holding anything including holding bitcoin. If you hold it on hardware wallet, you may lose it if you lose the hardware or the wallet is broken and you lose the private key because you did not save it in secure place.
If your country ban bitcoin, it will be a risk as well. You may need to sell it as soon as possible and you may get lower price than when you bought it.
So I disagree if there is no risk at all.

Nice, you're definitely right. We can't be sure if we can hold it securely within a long period of time. Anything can happen and expect those unexpected things like what you have said Grin

you could also reach the moment when your country will ban the use of bitcoins in the future.

meebs

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The only risk in holding bitcoin is that if price crashes then you need to wait longer to make profits from it but in long term price will recover back and allow to make you profits but if you don't have patience then you will sell at low price and that is bit risky.

Borisb52

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No one can answer this question clearly. The crypto-currency market is a very risky market. Bitcoin, I think it's already vryat-collapsing, since large capitals have already begun to enter it. Corrections of course will, but bitcoin is very quickly restored after the correction. Although the option that bitcoin collapses completely can not be excluded.

morrisby25

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Quote from: enwi on November 21, 2017, 07:57:58 AM

Quote from: Sorayacrash on October 15, 2017, 10:54:59 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 greatest risk of holding bitcoin is maybe when bitcoin prices suddenly drop and persist at low prices for a long time

There is no risk now in holding bitcoin because now the users of bitcoin is very less number when the users are increasing then the rate will be increasing yes when bitcoin will get maximum users throughout the whole world then you need to sale bitcoins at that time there will be risk in holding.

Anwar22

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Quote from: Sorayacrash on October 15, 2017, 10:54:59 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?

You wanted to know that what the biggest risk is to hold bitcoin.
I think there is no risk. Why-not bitcoin price will increase day by day.

Wish 107.5

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Quote from: Buntel168 on December 06, 2017, 10:59:14 PM

No risk on holding Bitcoin, in this time Bitcoin price always rise and always profitable for the holders. For me Bitcoin is the best to invest for long term.

Well, If I'm gonna ask about the risk of holding Bitcoin today; I would say that too. As of now, there is no risk on holding Bitcoin because the price is highly worthy and by means of holding the Bitcoin, you could gain high profit. Holding Bitcoin right is a intelligent step towards success here in Bitcoin.

blckhawk

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Quote from: Sorayacrash on October 15, 2017, 10:54:59 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?

There'a lost of risk in just holding a bitcoin. Anything transaction that we have made there's risk embeded upon it like there's a chance for it to be hacked, if you have lost your private key, getting banned to your country and many more. However, you must take all of that risk because that is the only way to gain a high profit. In our every transaction risk is always present that is why we must be wise upon our decision.

-Redacted-

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just to buy bitcoin is a few. you needs to be able to hold, so that no one can crack your wallet. now its cost is 15.000 $! Wow

Bitinity

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Quote from: pjwaffle on December 07, 2017, 04:06:59 AM

In my view, there is no risk when hodling Bitcoin. It has developed since 2009 and the price always goes up whereas many countries in the world ban it. No problem. The future belongs Bitcoin.

You forget of something called by hacker Grin

there is always a risk on holding anything including holding bitcoin. If you hold it on hardware wallet, you may lose it if you lose the hardware or the wallet is broken and you lose the private key because you did not save it in secure place.
If your country ban bitcoin, it will be a risk as well. You may need to sell it as soon as possible and you may get lower price than when you bought it.
So I disagree if there is no risk at all.

pjwaffle

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In my view, there is no risk when hodling Bitcoin. It has developed since 2009 and the price always goes up whereas many countries in the world ban it. No problem. The future belongs Bitcoin.

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