The biggest risk of holding BTC is that you can lose it.
Of course, it depends on where you're keeping your coins.
Topic: What is the risk of holding Bitcoin? - page 48. (Read 19120 times)
The main risk is that the price go down and stuck in low level for long time, so the holders lose this way, or they find themselves forced to wait another long time until the price go up again.
But this is hard to happen nowadays, because actually Bitcoin is expected to keep increasing.
But this is hard to happen nowadays, because actually Bitcoin is expected to keep increasing.
I think the risk is about the price of bitcoin. because the price is fluctuating so you may lose your money value if someday in the future the price will drop. Beside that, bitcoin is digital money and the wallet is using internet so hacking is one of the risk.
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 do not think that he will fall in the price ... I think the minimum risks are not worth bothering about it and worrying .. I think you still do not pozheleesh if once it was purchased ..But I want to know what the biggest risk is to hold Bitcoin?
You may lose your private key and your coin will disappear, that's one thing.
If you want to invest your money to bitcoin it's better if its only the extra money or invest only you can afford to lose because they have possibility the price of bitcoin decrease . Because we don't know what actual price of bitcoin if it's increase the price or it will decrease. But I hope the price will increase so we can make more profit. More investor to come with bitcoin to increase more the price.
Every investment surely comes with this kind of tag. Never go all in!Always leave some for unpredictable outcomes, most especially when the unthinkable happens. We can never know the peak of bitcoin right now, so apparently we are stalked somehow with holding for now until when we start seeing some real life usage and some pretty good balance in the value of bitcoin. Every investment comes with a risk, and bitcoin is not an exception.
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 risk of holding bitcoin for the long term may be the price that suddenly goes down and rises with a long time so we will lose because the price has not risen yet
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 do not think that he will fall in the price ... I think the minimum risks are not worth bothering about it and worrying .. I think you still do not pozheleesh if once it was purchased ..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?
I do not think that he will fall in the price ... I think the minimum risks are not worth bothering about it and worrying .. I think you still do not pozheleesh if once it was purchased .. But I want to know what the biggest risk is to hold Bitcoin?
Most nations economy in the word has her currency struggling in value to other currency and bitcoin ,a digital currency has it own risk in our wallets.The risk in holding bitcoin is normal because if you hold bitcoin in long term there is the possibility of making profit, and there is possibility of a lost.
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.
I am most worried that one day I will forget the private key of the bitcoin wallet. This is extremely dangerous. You will not be able to recover the bitcoin number if you lose the private key, it will lose permanently.
The biggest risk is the vulnerability of the coin's price. You can lose a lot of money if the price of the coin will drop. Because usually the decrease is very big which sometimes can make you discourage or regret in investing to it. Also, the future is not that clear or very define due to some issues though I think bitcoin has a bright future.
the only risk on holding btc for a long term is you could lose all the chances you can exchange your coins at high price but the advantages of it was if the price of it keeps increasing by year you could make a lot of money from itself. But as for my experience holding btc for a long term is more productive than panic selling.
This has become an issue for me too, but because I'm too afraid to sell my BTC, I've missed a lot of chance to take advantage of the up and downs of its price. But it can keep you going for another month because we know that the price will up again, BTC exchange feels so dangerous so I only choose to hold it for a long time.
And I don't have much amount of BTC to have a pretty good profit.
I think it risk may be easy to steal hackers and bitcoin prices that suddenly dropped its price
This would be a disaster in the world of blockchain and this is the end of it. Complete shutting of door to the code that once hailed unbreakable. This will be the biggest disappointment in history if that can happen.
I think there is not a big risk when holding Bitcoin. Maybe, price falls down at some points, but in the long-term, Bitcoin will get profit to you.
There are risks, it is just that at this point in time with bitcoin going up then things are good, but it was not long ago when people were wondering if ETH was going to surpass it and if that was going to cause bitcoin to die, I know that sound ridiculous now but people were thinking that just a few months ago.
The biggest risk is your fear. Generally, Bitcoin will go up in long-term, but in short-term, maybe it is fluctuated by some bad news or panic sell. The most important is that you have to trust in your choice.
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 time you put your money into, its already one of the biggest risk. Because the value of Btc is unstable no one knows when it will fall or rise, it might gave us a hint when will the btc value change but its not always accurate. Plus your wallet security. Hackers are always around the corner.
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$. It's really hard to predict and that's why people are interesting about it. Just like gambling.
- Second: Bitcoin could loses the valuable if there're an invention of some new hi-tech system that can replace Bitcoin.
- First: The volitale of Bitcoin can makes the price changing insane, today it's can be at 7k4$ 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.
As we all know, bitcoin has no stable price. So it can any time have a great fall. But as its bitcoin it might surely recover. And other than this, there is really no other "RISK" of holding bitcoin. People who are using bitcoins should have patience. Otherwise when there might be not so good days for bitcoins, panic might just make things worse.
Honestly, asides the volatility risk of bitcoin and the fact that users are in control, therefore, if a little shit happens and bitcoin gets dumped pretty fast, then that is where the risk comes in and people panic.I guess this is a normal thing right now with bitcoin and when you have some stuffs at the development phase, there is just no way you cannot experience a little bit of shaky feelings until one is sure there is a full adoption to the point that it would be hard for anything to ever happen.
The biggest risk is definately losing all your money but beside this there are other risks too.
You might miss out other oppurtunitys in getting a good amount of money from some other coins. Bitcoin is allready trading at a high value but you can never know where it might go in the future. My advice would be to buy at least one bitcoin and hold on to it for a long time.
Regards
You might miss out other oppurtunitys in getting a good amount of money from some other coins. Bitcoin is allready trading at a high value but you can never know where it might go in the future. My advice would be to buy at least one bitcoin and hold on to it for a long time.
Regards
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