What is the risk of holding Bitcoin? - page 45.

satria33

hero member

Activity: 812

Merit: 500

Quote from: Sorayacrash on October 15, 2017, 09:54:59 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?

any investment must have a risk, but for me the investment in bitcoin can be very profitable for the long term

slashz9

full member

Activity: 1554

Merit: 101

the biggest risk is the price fluctuates very fast, for example you buy 1 btc worth = 7000USD but 3 to 4 days then the price drops to 6700USD then 3 days later its price rose to 7200USD, if you can quickly take action then you will profit.

henmark

sr. member

Activity: 808

Merit: 271

Quote from: roseybanez on November 07, 2017, 11:07:00 PM

There are 2 big risks when you're holding Bitcoin:
- First: The volitale of Bitcoin can makes the price changing insane, today it's can be at 7k4$ and tomorrow maybe drop into 6k$. It's really hard to predict and that's why people are interesting about it. Just like gambling.
- Second: Bitcoin could loses the valuable if there're an invention of some new hi-tech system that can replace Bitcoin.

I think you should not concern about risk in bitcoin investment. If some time its value become low for a short time then it recovers quickly. No other currency can compete in market with bitcoin. Bitcoin has the potential to sustain in the market. One should not be worried if its value drops in the market for short period as it recovers sharply.

I think there is no real risk involved in purchasing bitcoin and if you can afford to hold it for longer time then it will definitely pay back.

sharkvn

member

Activity: 62

Merit: 10

Bitcoin prices are volatile due to the buying and selling activities of many investors. The amount of bitcoin is getting lost as the person who keeps it forgets the wallet and private key. Keep your wallet account very careful so that you do not have to regret it.

redsun114

hero member

Activity: 2730

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: shata on November 07, 2017, 07:52:03 AM

Quote from: bamb on November 06, 2017, 10:42:58 PM

The risk of holding bitcoin is you may get correction in price after the rise say like 20% max apart from that here is no risk at all. Schedule your buying and you should be fine. Bitcoin is still the best currency that ever was!

Many argue that bitcoin, like other currencies, has value only because people perceive it to have value. It is for this reason that many critics view bitcoin's price development. Despite bitcoin's impressive annualized return, the reality is that the currency is still in its infancy and no one knows whether it will really become globally accepted or whether it will eventually disappear.

Holding is the best option nowadays because when I see on the financial situation of the investors who invested in bitcoin in 2009 now they are millionaires and all this is blessing of holding bitcoin if you want to buy and sell continuously this will give you small amount but if you want to score big then you’ll have to keep patience and wait for some long term and then cash out your coin this will give you huge profit.

jeniferqueen0409

full member

Activity: 394

Merit: 100

Quote from: dsaijz03 on November 14, 2017, 07:17:49 AM

The risk is to lose all your bitcoin and you think that it keeps increasing but it decreased to its lowest.

This is not the risk of holding bitcoin. I know increasing or decreasing occurs frequently in bitcoin but it's very important for all of us to learn how to patient. This is our own risk.

dsaijz03

full member

Activity: 322

Merit: 101

The risk is to lose all your bitcoin and you think that it keeps increasing but it decreased to its lowest.

connesa

full member

Activity: 216

Merit: 100

Quote from: Sorayacrash on October 15, 2017, 09:54:59 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?

holding btc is like having a share on stock market.
never invest what you cant afford to lose....
tho bitcoin is flying high atm,dont be so sure that it will always stay that way.ofcourse dumping btc do happens.the good thing is btc always go for the rebound.well anyway its all you who will decide you might lose some or win some...goodluck

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: Boseda on November 13, 2017, 02:40:31 AM

Quote from: Sorayacrash on October 15, 2017, 09:54:59 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 biggest risk is that price will go down even further if you buy now and hold. Long term holding is for true believer and for very long period of time (at least 5 years). If you can afford to buy and wait for at least five years without touching your coins, you can do that...

The price will go down at any time but you have to be positive and expect it will rise again.
When you invest for long term purpose then you should think of the future, the daily price volatility will just destroy your focus, you need to trust the power of bitcoin in order for your to surpass the trials in being a long term investor. In the end, those who are willing to hold will always reap a big reward and we all want that.

khalifa25

member

Activity: 242

Merit: 10

For me in my opinion the risk is the price can be drop anytime, lower than price when we bought it. But by hold Bitcoin the risk is lower than altcoin Bitcoin is very strong in fundamental and the price still possible going up 10 times

voztata

hero member

Activity: 998

Merit: 504

Quote from: FDC1412 on November 08, 2017, 10:14:57 PM

The biggest risk that you can encounter is that bitcoin can decrease in value unexpectedly this already happened some time in early 2017. Since you are already own and hold bitcoin, you already have your money by yourself so the only risk is that the price of bitcoin can drop.

I think there is no risk in holding bitcoin as it remains stable most of the time. Before buying bitcoin one should be determined and aware that there may be ups and down for a short period in the market, so in such circumstances one has to remain firm and should not think of disposing it off, as after short time bitcoin recovers from shock. I invest in bitcoins all my savings as most of the people are blessing from it.

S.coastapps

jr. member

Activity: 60

Merit: 1

There are so many Fluctuations in Bitcoin Market. So If the price is high then u can sell it.

MotulDiesel

member

Activity: 112

Merit: 10

The biggest risk of holding bitcoin is losing all money you have invested in by many way as hacked by someone, caught by the government or bitcoin's death. I think 2 first factors are the most dangerous. I think you should find safety way to holding your bitcoin or exchange it to real money when the price increased.

Boseda

sr. member

Activity: 448

Merit: 250

Quote from: Sorayacrash on October 15, 2017, 09:54:59 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 biggest risk is that price will go down even further if you buy now and hold. Long term holding is for true believer and for very long period of time (at least 5 years). If you can afford to buy and wait for at least five years without touching your coins, you can do that...

xandriel

sr. member

Activity: 586

Merit: 251

As you can see now, the biggest risk when holding Bitcoin is that Bitcoin has not improved its disadvantages. Therefore, many people has been converting Bitcoin to Bitcoin cash.

otundebis

full member

Activity: 630

Merit: 100

The only risk you have is when you decide not to hold and when you trade bitcoin on regular basis. That is not to say that you can not trade bitcoin, but you must have the time to do it and know what you are doing.

Sihab76

full member

Activity: 1302

Merit: 100

Quote from: Sorayacrash on October 15, 2017, 09:54:59 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?

Holding Bitcoin in future for getting more profit. But the price of Bitcoin not growing but also decreasing thousands of rate. Initially you hold it at higher price but future you sell it lower price. So you loss money forever. It is the main losses of money and prime risk.

rickadone

legendary

Activity: 1176

Merit: 1024

Quote from: darthmaul on November 06, 2017, 10:33:59 PM

The biggest risk of holding your money is, you may become millionaire in upcoming years and you may not believe it ! ;-)

Well, the risk is always of loosing or there is always goodness of winning. There are only such two things can happen and there is no third output form the bitcoin. 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 but nothing more than that. Im pretty sure that holding will benefit us in long time but as I said you loose or you win both has got 50-50 chances in the market.

After all, nothing good comes easy, although Bitcoin comes with some heartache along the line; it has still proven to be a worthy investment over time. It is important to understand that so many things and factors can affect the value of bitcoin, but we have to just be patient and believe in the system that would work pretty well until we get the benefit we have so much awaited from it.

One thing I have come to understand in life is that, in every investment, the bigger the risk, the more you get if you succeed.

nasipadang

sr. member

Activity: 1274

Merit: 252

Quote from: Sorayacrash on October 15, 2017, 09:54:59 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?

One thing you need to know the price of bitcoin is uncertain always increase, but it is only predicted from the users because we don't know what will happen in the future,I think the biggest risk is the fall or even loss of bitcoin value, I suggest you if you already invest in bitcoin don't easily panic.

Jedie22

member

Activity: 434

Merit: 10

Quote from: macchiato on November 12, 2017, 08:12:57 PM

The biggest risk would be losing its value after holding it for a very long time because we don't really know for sure when bitcoin will come to an end, although it is showing much potential now, remember that it is very volatile - its price could drop drastically anytime. Also, you will miss the thrill of trading, despitw of being risky, it makes your coins move.

Holding a bitcoin gives advantage and disadvantage. I would say risk is always there, in terms of money just like betting in a lottery, it may lose or win. The advantage factor is when you invest already and the value of bitcoin will increased for sure a good profit will come but the disadvantage side is when you invest and its value getting low, well you can't have any profit at all. As the time passes by its value is increasing which already proven many years, though it will decreased for a moment and soon it will be increased after a shortime fall back.

Topic: What is the risk of holding Bitcoin? - page 45. (Read 19120 times)