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Topic: What is the risk of holding Bitcoin? - page 50. (Read 19120 times)

member
Activity: 84
Merit: 10
November 06, 2017, 11:52:38 PM
The risk of bitcoin is that if somebody steals or hacked the bitcoin from the wallet there is no mechanism to recover it.Although, I am holding my bitcoins because I know that I will gain many benefits by storing it in my online wallet.
sr. member
Activity: 938
Merit: 251
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!
sr. member
Activity: 714
Merit: 252
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.
full member
Activity: 266
Merit: 114
November 06, 2017, 09:17:39 PM
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.
hero member
Activity: 1834
Merit: 523
November 06, 2017, 09:05:36 PM
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.
sr. member
Activity: 812
Merit: 250
November 06, 2017, 07:49:21 PM
I think there is no risk unless you save BTC on unsafe wallet.
You will benefit greatly because BTC will continue to rise.
sr. member
Activity: 336
Merit: 260
November 06, 2017, 04:42:05 PM
I think it risk may be easy to steal hackers and bitcoin prices that suddenly dropped its price

Some time bitcoin will be down for the future but it will increase next. it sooo safe for the holding the bitcoin for the future process and get the more income and change the life style.  If you hold the bitcoin you will know the bitcoin market price. So you check the price then you will hold the bitcoin.
Stealing, hacking, fall down of crypto currency value and bankruptcy are the only things that gives risks in holding bitcoin. However we can avoid this thing if we keep secrets of our regarding to our account.
Moreover do not discuss any information to everyone to lessen the risk of your bitcoin and other crypto currencies.
sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
November 06, 2017, 01:45:07 PM
I think it risk may be easy to steal hackers and bitcoin prices that suddenly dropped its price

Some time bitcoin will be down for the future but it will increase next. it sooo safe for the holding the bitcoin for the future process and get the more income and change the life style.  If you hold the bitcoin you will know the bitcoin market price. So you check the price then you will hold the bitcoin.
full member
Activity: 262
Merit: 100
November 06, 2017, 01:34:13 PM
I think it risk may be easy to steal hackers and bitcoin prices that suddenly dropped its price
member
Activity: 336
Merit: 10
November 06, 2017, 01:15:16 PM
The only risk in bitcoins is not getting a profit back. Try to research about the coin first before investing so you will know if there is a potential because not every coin that you were holding has the capability to increase its value.


sr. member
Activity: 630
Merit: 250
November 06, 2017, 12:22:28 PM
The biggest risk is that the wallet is no longer working, especially because the password has been forgotten, the hard drive is defective, the paper is corrupted or burnt.
This is your personal issue, you have to safe your account that's it. In holding bitcoin i think there is no risk it is a big profit for you.
full member
Activity: 322
Merit: 114
November 06, 2017, 12:15:53 PM
Well the obvious risk of holding bitcoin is that the price falls and you lose money, if you are confident the price will increase then another risk is volatility, if you invest all your money and urgently need to access it you may have to end up selling on a downspike. The other major risk is somehow losing your funds via hacking or some other method.
full member
Activity: 462
Merit: 100
November 06, 2017, 12:07:53 PM
if you are inexperienced, and can not control your emotions, you should not try to buy too much with your money and hold bitcoin. because you can lose your money, and bitcoin prices can not be predicted, because bitcoin depends on inventory and demand.
member
Activity: 150
Merit: 10
November 06, 2017, 11:27:13 AM
The possible scenario is loss, but the most realistic risk is you'll gain more. We live in an ever changing world and the gains that Bitcoin is making now are he changes that we are witnessing. Personally I think Bitcoin will continue to rise, so the risk is worth it.
newbie
Activity: 30
Merit: 0
November 06, 2017, 11:19:56 AM
The biggest risk is that the wallet is no longer working, especially because the password has been forgotten, the hard drive is defective, the paper is corrupted or burnt.
newbie
Activity: 45
Merit: 0
November 06, 2017, 11:11:19 AM
Here risk is only depends on the bitcoin price,bitcoin prise always changes.we can hold bitcoin for future plans.bitcoin is digital currency.bitcoin is the new generation currency it has long life.we can hold bitcoin till price is increase.
full member
Activity: 381
Merit: 101
November 06, 2017, 09:52:42 AM
The risk of holding Bitcoin is only there if you have not educated yourself about the world of crpytocurrencies. Luckily, it is not hard to find out information about all this stuff. There are lots of YouTube videos giving great info. The only thing is you have to watch out for where you get your info and from who. Usually, the people with experience that give it away for free are the best.
member
Activity: 153
Merit: 10
November 06, 2017, 08:11:57 AM
The biggest risk of holding Bitcoin is loss all your money if your bitcoin account are not protected your bitcoin account can quite be hacked
Loss your money when price of bitcoin is dump but i dont believe this case
full member
Activity: 294
Merit: 101
Streamity Decentralized cryptocurrency exchange
November 06, 2017, 07:25:26 AM
Holding your btc can only result into two things its
 either you'll get the best of it when it get high .
.and bring you big amount of fortune as a result
of your long wait and patience
Or for worst youll get nothing as a return for all of the
 hardwork ,effort and time  that you spent just to get your btc.
And will all turn into ashes as nothing. So be careful be smart enough
To go with the flow of the currency...learn when to hold on and when to
start trading it to avoid difficulties. Smiley
yes you can earn by waiting but there's a limit sometimes like in some coins that already gone so you need to search for the coins that you investing because if the developer of that coins is not good enough to handle the coins your money will be gone if its not going well try to invest in coins that already work like eth or xem this two coins already good for invest
newbie
Activity: 29
Merit: 0
November 06, 2017, 04:55:44 AM
Holding your btc can only result into two things its
 either you'll get the best of it when it get high .
.and bring you big amount of fortune as a result
of your long wait and patience
Or for worst youll get nothing as a return for all of the
 hardwork ,effort and time  that you spent just to get your btc.
And will all turn into ashes as nothing. So be careful be smart enough
To go with the flow of the currency...learn when to hold on and when to
start trading it to avoid difficulties. Smiley
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