What is the risk of holding Bitcoin? - page 57.

d1ceplayer

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Quote from: bubble pop on October 27, 2017, 09:02:33 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?

For me the risk of investing in bitcoins is their price, maybe you're holding it for top long that will come to the point that your money will be worth nothing. But that will only happen if and only if the value of bitcoins will drop and will totally fall. And we all know that it will not happen because a lot of big people are in to thia stuff and they will not let their money go to nothing. So the second risk is it might get hacked if their will be a very great hacker that will hack you wallet so bitcoins will not have liabilities to that if that happens. And also the price is not stable so if you hold your bitcoins and spmething happens then it falls and when you needed the money, you will probably cut your loss and thats awful

I think there is no risk while holding bitcoin rather it is good for making more and more money due to holding your bitcoin.

The only risk which the people fear the most is price volatility but price volatility is a part of business because investing in bitcoin is a coin business and you should dare to invest money in bitcoin if you want to earn money in a short time and with ease but sometime the conditions are not in favor.

cyberChevan

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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?

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.

South Park

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Quote from: gabmen on October 27, 2017, 12:24:40 PM

Quote from: jayco25 on October 27, 2017, 08:58:03 AM

the risk is if HODL the bitcoin in long term then the value derceases. every crypto the value hi and lo

I don't think that's the case. On the contrary, the longer you hold, the more the value of btc grows. So the risks are much lower than doing aggressive day trades.

The risks are lower if you hold long term but at the same time if a new crypto appeared that everyone wanted to use and that was better than bitcoin in every form then your investment in bitcoin will go down that is why it is important to keep ourselves informed even if your aim is to hold long term.

clarkt

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The only risk is that bitcoin will experience correction before it get to another height.

Freshmen

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Quote from: jayco25 on October 27, 2017, 08:58:03 AM

the risk is if HODL the bitcoin in long term then the value derceases. every crypto the value hi and lo

In my opinion, there is no risk of holding bitcoin and that too for quite a long period of time if you are having control on your emotions. Risk will be there only in that case when you are bad in controlling your nerves at the tough situations. You need to remain cool and calm and you should have believe in bitcoin. Bitcoin will help you earn much more money than you ever expected to earn.

pratik009

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I think there is no risk in holding off Bitcoin.As you know the Bitcoin price increasing everyday so if you want to think for long term holding then it's very profitable for you.And Bitcoin has long history and it is King of all cryptocurrency.so I think btc is the best option for your investment than altcoins.And if you think about the short term investment then it is also less risky than the trading and gambling.beacause in holding you just loss the difference between byuing and selling price.

principledquince

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For me the biggest risk of holding a bitcoin is that the posibility to loose all your money. You should have an idea about bitcoin like how it works before investing on it.

chineseprancing

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Quote from: KingdomHearts on October 28, 2017, 03:46:50 PM

Quote from: vandvl on October 26, 2017, 11:27:07 PM

the risk of holding bitcoin is to lose but thats have less potential to lose if you are a long term investment and the other is low security of wallet if you are a holder bitcoin you have potential to earn for investment but you can see your earn in a year..and the risk is to lose

I don’t think there is some major risk in holding. I don’t understand the people who are still in confusion about bitcoin prices. They must have to learn the technical terms and then they must assure themselves they have basic knowledge of bitcoin. If they have, then I am sure they will easily get to know the reality and beauty of bitcoin. Holding in bitcoin is always preferable with so much low risk.

The risk of holding bitcoin is the deep value of this coin in the market, because due to fully confident of all users regarding with the value of bitcoin. Some people are anticipated that bitcoin amount was not stopping increasing but due to overconfident they were encountered of wrong speculation.
But regarding with that, the better way we can do is to invest in the other coins or altcoins to decentralize our investment.

Olis1000

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Personally to me I don't think of the risk of.holding a bitcoin .... Because it never a risk to hold bitcoin...I always want to hold it...

spyerf

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In business, loss is a risk. What is certain or what we will experience, in this case depends on how we predict and speculate. In terms of holding bitcoins at this time, we can avoid losses with patience. Bitcoin prices themselves can change at any time. So if we are patient, we can sell it when the price is high. So the risk of losing us will never be natural.

enawati

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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.

Karen23

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One of the risks, is losing your private key when forgetting your password. Another one is buying your bitcoin at peak and selling it at low price because of panic. Another one is if the internet, signals, telecommunication, technology vanish which is impossible except if there will be a third world war.

ajiejot

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For me there is no risk of holding bitcoin. Because it's safe in your wallet, you cannot loss any amount of bitcoin if you are not using your bitcoin in any platform, like betting or trading. So much better to hold your bitcoins.

satish37

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Its so fast , if you noticed its move from $2400 to above $6000, if it swings down sudden temp loss will not be bearable , sentiments will disturb after all we are human, but opposite is also true , holding for a large profit is better no risk . But remember never put all eggs in a single basket.

South Park

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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?

The biggest risk is that the price crashes and you are left holding your bitcoins for a loss for a very long time, that is what happened after the Mt Gox crash, however the possibility of that happening anymore is way lower right now, so I would not worry that much about that.

jack1111

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The risk takes several forms, one of them is the holder himself, by not storing his private key safely, or by following fishing links that lead to stealing your wallet, so you should consider this technical risk, not only the financial one.

KingdomHearts

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Quote from: vandvl on October 26, 2017, 11:27:07 PM

the risk of holding bitcoin is to lose but thats have less potential to lose if you are a long term investment and the other is low security of wallet if you are a holder bitcoin you have potential to earn for investment but you can see your earn in a year..and the risk is to lose

I don’t think there is some major risk in holding. I don’t understand the people who are still in confusion about bitcoin prices. They must have to learn the technical terms and then they must assure themselves they have basic knowledge of bitcoin. If they have, then I am sure they will easily get to know the reality and beauty of bitcoin. Holding in bitcoin is always preferable with so much low risk.

pokeronlinestatus

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Quote from: mast3rm1nd on October 27, 2017, 01:25:59 PM

if you take into account this year's rally for bitcoin it does seem like there is minimal risk involved. but holding btc is the same as holding any other currency, so the risk is the same. don't do the mistake of thinking that bitcoin is never falling and always rising.

I think there is no risk in holding because it is dame like having money in wallet but difference is in crypto holding gives a lot of profit and those who are willing to invest into the bitcoin for long terms are willing to hold their coins because holding for long term generate good revenue for the investor and by doing so invest and hold for the sake of the good future and this will give you a worry less life ahead.

rausvi15

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Quote from: geoduv on October 27, 2017, 12:42:21 PM

Your question have 2 answers :
- the risk of being hacked
- the risk of the bitcoin having no more value

risk of being hacked : buy a physical wallet and the risk of being hacked is very low
risk of the price dump and bitcoin not have value more ... It can happen for sure: in that case never put more than you can afford ... if the price fall you need to have confiance and think that the price will jump one day in the future...

This is not answers these are possibilities and threats. there are many more threats and possibilities are out there for holding bitcoin, but all these threats have no more effect on you if you use blockchained wallets and secure servers on internet. All these securities depend upon holder that how well they manage his wallet and secure his machine from hackers, Firewall can also increase protection of you machine.

micher143

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Quote from: mk4 on October 16, 2017, 03:59:54 AM

The risk of losing your bitcoins if your wallet isn't secure enough. I won't go deep on this topic, as a lot of threads here in bitcointalk and on reddit has addressed the security topic already.

Also, bitcoin could nose-dive in price anytime. Even though in theory, bitcoin's price should continue to go up longterm due to supply and demand, it isn't guaranteed. That's why people always suggest that you only invest what you can afford to lose.

Having a suitable wallet for you to hold your Bitcoin is one of the problem that people who uses Bitcoin have. Because we could not hide the fact that bitcoin is a part of technology being in the form of crypto-currency, we should always take action in terms of making our holding always safe and if possible secure enough for us to keep it as a whole and used it in different transactions, investments and for savings.

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