What is the risk of holding Bitcoin? - page 49.

Razerglass

legendary

Activity: 1036

Merit: 1000

https://bmy.guide

Quote from: Bambinoe on November 07, 2017, 10:01:37 AM

The only risk i can envisage about BTC is if its price falls lower than i bought it. But for now i don't it will ever get that bad. So for me i will say BTC is a good asset worth holding unto.

Traders dont hold investors do mostly. Inistutional level traders buy the undervalued assets for owners of hedge fund or investors ask about portfolio divergence. After 2 years price will exceed 25000$ level imo.So there is no need to worry about to sell on lower price which you bought on higher level.

dmamigo

sr. member

Activity: 1232

Merit: 250

Quote from: kuronokishi10 on November 07, 2017, 09:40:27 AM

According to me the biggest risk is loosing all our money,that would be the worst possible case.
This risk is not only restricted to bitcoin,but to all other crypto currencies out there,or any form of trading.
that is why always invest what you can afford to loose in such risky and unpredictible trading platforms.

In case of holding, I think the risk you mentioned can be avoided, simple by keeping in established wallets, and even better if you keep them in Paper Wallet or Hardware Wallet. If you fear keeping in trading platforms better shift it to other alternatives.

For me I fear the uncertainty of the government and the risk involved with it if suddenly they announces it illegal. So I feel this a risk for me as my country is also kind of being too uncertain and taking long to announce anything.

Bambinoe

full member

Activity: 168

Merit: 100

The only risk i can envisage about BTC is if its price falls lower than i bought it. But for now i don't it will ever get that bad. So for me i will say BTC is a good asset worth holding unto.

kuronokishi10

full member

Activity: 210

Merit: 100

According to me the biggest risk is loosing all our money,that would be the worst possible case.
This risk is not only restricted to bitcoin,but to all other crypto currencies out there,or any form of trading.
that is why always invest what you can afford to loose in such risky and unpredictible trading platforms.

Cosbycoin

hero member

Activity: 980

Merit: 506

Quote from: eann014 on November 05, 2017, 01:12:27 AM

Quote from: Osarman on October 24, 2017, 04:31:34 AM

Quote from: xenxen on October 22, 2017, 09:31:57 PM

the biggest risk to hold coin is putting your all fund in a wrong coin. theres have a coin that in the first place the price is ok but in the other day the price of this is became priceless...sso its better to search and review your coin before invest and hold..

In my opinion, there is no such risk if you are holding your bitcoins for long time until and unless you have bad habit of getting panic at the time when the prices are falling down. If you are patient and you think you can control your nerves well, then there is nothing bad in holding your bitcoins for long period of time. In fact, this will add much more money in your account than any other thing.

I agree, holding bitcoin is the best way to earn in long run and holding bitcoin is tge safest way than other things right now. If you don't want to take risk, buying bitcoin and holding, only has small risk. It is up to us if we don't have a lot of patient.

Holding the Bitcoins in your wallet is not harmful at all but people fear to do so because it feels somewhat stagnant in terms of economic progress and they prefer to use their Bitcoin for trading ,investing or some other purposes so that they can earn the most out of it no matter the prices are increasing or falling.

Holding the Bitcoins requires only simple believe that is you must be hopeful about the increment in the market value of digital assets and waiting for the right time to sell or invest depending upon your personal choices.

felipe04

full member

Activity: 308

Merit: 100

Your money will lose if you hold bitcoin but its happen if bitcoin is no more or none.I think that's gonna be happen because bitcoin grow and grow since they started bitcoin so taking the risk to hold here is good but you need to wait only.I think thinking bad or negative like bitcoin will gone is nonsense because its already good in like 10 years or more

princesocapuyo

full member

Activity: 238

Merit: 100

Presale is live!

There is only a risk of holding BTC if you are not careful with what you are doing. If you do your research and understand how important your private keys and the role they play when you create a wallet, then you will be okkay to hold BTC for a long time. You just have to understand the storing of it, with hot wallets and cold wallets, etc. There is a lot to learn but it's worth it.

shata

sr. member

Activity: 547

Merit: 253

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.

GreatArkansas

legendary

Activity: 2506

Merit: 1394

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?

There are many risks in holding, one of the risks is you missing the pumps of particular coin. For example you are in trading, buying low and selling high, there are always ups and downs. So you can earn profits in the ups and downs, if you are with the flaw, you can earn profits there.

Hotrod_88

full member

Activity: 420

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?

For me the biggest risk when holding bitcoins is the unstable value of it. You can wake up next morning with your holdings being worthless. We do not know when will be the bitcoins falls, and they can be worthless immediately. But we all know that they will never let that happen. As long as there are a lot of investors that are there bitcoins will surely survive for almost decades and centuries. So do not hesitate to invest just trust bitcoins and you will earn big money in this.

Kevin77

legendary

Activity: 1652

Merit: 1057

Quote from: vegethegreat on November 05, 2017, 09:57:48 AM

Take note that bitcoin price always has a pumps and dumps, so if you been careless when you buy bitcoin theres always a possibility of loosing your money for me thats the risk. So be careful, study and analyze first before investing in bitcoin.

Bitcoin is not just a huge pump and dump coin that can just crash hugely within few seconds from dumps, there are so much activities going on with bitcoin and so much support. You just described the characteristics of a shitcoin and bitcoin is not in that category.

Definitely, we have been seeing some huge pumps and then corrections, and then some dumps due to news but not something that cannot be averted or cautiously thread with which to me, any point one buys bitcoin to hold is still a very good time.

Every other risk which has to do with may be negative news, or huge crash is totally disappearing as we keep seeing more countries adopting it.

slay27

member

Activity: 100

Merit: 10

No risk. I think BTC is the new currency to replace the traditional one and this move is unstoppable. Its not too late to move some real cash into digital one (not all) to be prepared to time which come to us step by step. I don't wont to wake up one day and realise that the world was changed but me.. not? This thought afraid me a lot.

fasdorcas

hero member

Activity: 798

Merit: 527

Quote from: prtty2gal2 on November 03, 2017, 07:54:47 AM

Quote from: justdimin on October 31, 2017, 06:52:25 AM

Quote from: cyberChevan on October 30, 2017, 02:20:07 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?

If you really believe in bitcoin, you can say to yourself that it has almost no risk in investing to bitcoin. It always depend on how much do you want to risk because I think we always have doubt sometime, and not 100% trust the current position of bitcoin. It is not like buying a phone which deppreciates its value on the next day after you bought it. Bitcoins value is always uprising so maybe the risk is negligible.

There are so many cryptos popping out with great and greater innovations and when they can prove themselves to be useful and people tend to adopt its usage, then those are the kind of new altcoins or ICOs worth investing.

All the above, they can still be very risky as well depending on how far the team is willing to do everything to push it, but most times, the coins doo speak for themselves and they can be worth holding for long term. With BTC though, the risk reduces.

Indeed, we have a huge variety in crypto currencies now and I don’t like this thing very much. I has become a way of earning for many people and money earning is what he can do now. In a world full of crypto coins, more people are investing in them now but no digital asset is as good as bitcoin in returning profit.

Bitcoin is making great progress but we cannot avoid dumps. However, holding on for a few months will increase the capital enormously.

Yes In today's world people have various choices when it comes to the use of digital currencies against the physical money the best among all of them presently is obviously Bitcoins having the highest market value.

There is no such as is in holding the Bitcoin because we all are expecting the prices to rise in future and it would obviously be fruitful for those who are holding their Bitcoins in not converting them into fiats for the sake of trading and other uses. It is a very common fact we all are aware of that holding the BTC would obviously add up to the increase in prices.

ThunderCatSteve

hero member

Activity: 770

Merit: 505

Quote from: btc_angela on November 04, 2017, 11:10:40 PM

Quote from: Aleator on November 04, 2017, 10:34:41 PM

Quote from: FUD Expert on November 04, 2017, 10:01:18 PM

The risk that I can see on holding btc is getting hacked and nothing will be left. There is a possibility that when you are checking or transferring your btc is they have already injected a malicious virus that will take control of everything.

hacked ? this is will happen to user who doesn't use additional security for they account, and almost all wallet and also exchanger have this, even the hacker know your account the second security is needed if he want to withdraw it.

For me hacking your wallet is your own fault. We all know that having bitcoin is like having our own bank. So it you don't protect it, someone will take that away from you. And used a wallet like Electrum that is safe and secure. As for letting your bitcoin just sit on exchanges, specially huge amount, that idea is not good because when a likelihood that it is hacked then all your bitcoin will be stolen. So you need to be careful where are you going to hold your bitcoins. We have our own responsibilities.

Risk and holding are the two opposite things in crypto especially on btc because holding is the weapon for investor through which he can generate huge money and that’s the best he can achieve and holding is always beneficial in the favor of investor and more of it btc has capability to deliver 100% profit to those who are patient and those who are investing in bitcoin for long term holding will give them huge profit.

AjithBtc

sr. member

Activity: 1666

Merit: 276

Vave.com - Crypto Casino

Nothing assured of tomorrow. If something happens, we cannot question or complain anywhere else. This is the fear that arise in majority of the users mind when it comes to bitcoin holding over other assets such as gold or stocks. In reality considering the growth from the beginning it keeps on growing and has secured a place. So no need of think it as risk.

Sinamail17

jr. member

Activity: 59

Merit: 10

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?

Be wary of the risk of a tulip bubble in bitcoin and the risk being overtaken by other virtual currencies because technology updates are too slow

captainhera

full member

Activity: 182

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?

The higher the value of a bitcoin, the higher the risk, the more risky it is, so buy it at a reduced price to minimize the risk.

azhariejaya

full member

Activity: 546

Merit: 112

The first important thing to remember is all investation have an own risk and one of them is bitcoin (if u want to only holding your bitcoin for long term).
not only a risk of falling prices but you have to aware about security of your asset (bitcoin).
i was read an article which discusses "The biggest risk to average users in dealing with Bitcoin is actually losing it"
so i just give suggestion for you, if u want to start to holding bitcoin learn how to securing it properly first don't just see about raising price. Wink

chviadu888

member

Activity: 71

Merit: 10

Quote from: ervinmadureri on November 07, 2017, 12:28:46 AM

With me, there is no risk when you're holding things that everyone in this world want to own it at all.

Seems you haven't read about the bitcoin yet because you lack the basic knowledge of cryptos and bitcoins. Its quite simple and everyone knows that what could be the risk of investing in a currency having volatile price. You may suffer a loss, it could be big loss or small one. So you should be mentally well prepare while investing in cryptos and bitcoin to bear a loss.

ervinmadureri

member

Activity: 302

Merit: 10

With me, there is no risk when you're holding things that everyone in this world want to own it at all.

Topic: What is the risk of holding Bitcoin? - page 49. (Read 19120 times)