Topic: What is the risk of holding Bitcoin? - page 58. (Read 19120 times)
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.
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...
- 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...
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.
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?
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
the risk is if HODL the bitcoin in long term then the value derceases. every crypto the value hi and lo
There is no risk if you regularly look at the market price and read the news. You only HODL if you are really a bitcoin enthusiast, because if you are just like those noobs out there who buy bitcoin just to become some kind of nerdy cool pendejos then you should forget about it. HODL if you believe.
I think there is not any big risk involves with bitcoin because the day after tomorrow the popularity and value of bitcoin will rise so to keep this bitcoin I think it is very useful for us in the current time we are looking for bitcoins and we are collecting in many activities like online assignments and the n we keep it in our wallets for future use.
What you think may be true is that more and more people are looking for it but not so it does not have any risk. When the bad rumors about it appear the risk will come. The biggest risk in holding bitcoin is that you can lose because of the rapidly changing bitcoine price. It could be the greatest possibility that you are buying bitcoins much more than selling bitcoins. This is a risk when trading, you are betting to invest the money you have. My message is that you should be patient and look at your opportunities. Make a decision with a lot of considerations but do not wait too long because you can lose good momentum.
Despite bitcoin being so succesful in the past few years, and the hype behiend it since it is considered a new thing poeple don't know the risks behiend it, probably the biggest risk in my opinion is regulation of the bitcoin, right now there are no writen laws that regulate or make bitcoin illeagal, but if at a certain time when poeple strat using it so much and goverments decide to regulated than it could have a major effect on its price, for exemple if china decide to limite or ban exchanging or holding bitcoin than the prices to crash and that is due to the fact that they hold the largest amount of bitcoin in the world. The biggest risk in holding bitcoin is that you can lose because of the rapidly changing bitcoine price. It could be the greatest possibility that you are buying bitcoins much more than selling bitcoins. This is a risk when trading, you are betting to invest the money you have. My message is that you should be patient and look at your opportunities. Make a decision with a lot of considerations but do not wait too long because you can lose good momentum.
The biggest risk in bitcoin is the volatility the price sings is very high so you might your bitcoin in trading.Easy to lose,If your credit card is stolen or somebody hacks into your bank account there is a good chance you will not lose any money as banks will fix your balance. Even cash can be potentially recovered if the police acts fast. But with Bitcoin if you lose it you lost it for good. There is no mechanism to recover stolen or lost Bitcoins.
Still too new. Bitcoin is only a few years old. It's possible that a competing crypto currency becomes more successful than Bitcoin or that somebody somehow finds a major flaw in the system. We don't have decades of history yet.
Can't buy stuff. There aren't a lot of places where Bitcoins are accepted as payment. This is likely to change, but for now the average person will mostly buy Bitcoins as investment.
The biggest risk in holding bitcoin is that you can lose because of the rapidly changing bitcoine price. It could be the greatest possibility that you are buying bitcoins much more than selling bitcoins. This is a risk when trading, you are betting to invest the money you have. My message is that you should be patient and look at your opportunities. Make a decision with a lot of considerations but do not wait too long because you can lose good momentum.
No doubt holding your bitcoin's is a key to earn huge profits but there can be a risk in holding your BTC's sometimes.We hold BTC's because we have thought that it's price will rise and we will earn some profit .But what if the price goes down when you want to sell it.You will not get what you expected .This is the risk involved in holding 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?
But I want to know what the biggest risk is to hold Bitcoin?
The risk will be if your private keys including your username and passwords will be stolen. The market value is not to be considered a risk as long as you have always monitor the market value and the everyday news of the bitcoin so that you are always updated of the situations to make an advance planning. But if you will not be careful of your keys and passwords the risk of stealing your bitcoin is imminent.
I think there is not any big risk involves with bitcoin because the day after tomorrow the popularity and value of bitcoin will rise so to keep this bitcoin I think it is very useful for us in the current time we are looking for bitcoins and we are collecting in many activities like online assignments and the n we keep it in our wallets for future use.
If you only invest in bitcoin, the risk is very small, Instead of investing in altcoin.
If you have bitcoin hold as strong as you, you will get a lot of profit.Don't buy another altcoin if you can not choose and research.
If you have bitcoin hold as strong as you, you will get a lot of profit.Don't buy another altcoin if you can not choose and research.
i think there are few number peoples that think that bitcoin holding is dangerous because they think that if the government has take any action on the bitcoin then they will face a problem so i want to tell them that bitcoin is decentralized coin and no one can affect their rate we can see the example of china they have tried to ban ICO's in their country but bitcoin have feel no affect but the rate is increased more.
The biggest risk is that the price crashes to near zero, main reasons for this happening would be some sort of major government cut down trying to stop bitcoin or some major technical failure.
I think we should be wise to make decisions, because we do not know the future and no one can predict. do not wait long or too long if you do not want to regret, if the drastic decline in what can, only panyesalan .. enough to sell it at a suitable price and profitable ..now the government has begun to fret with the increasing bitcoin that use it and start interfering .. stay alert and wise.
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 risk as at all, in one moment it can fail. While everyone is holding, hoping that it will be even higher, but it's time to think that this can not be forever, therefore, although not quickly, but little by little it is necessary to take bitcoin into dollars. But I want to know what the biggest risk is to hold Bitcoin?
Risk is you can lose much money, but if no risk you no earn more money. Sure!
And you maybe look and earn more about bitcoin and politics all about them.
Absolutely, if you don’t take risk, believe me there will not be any profits for you. Or even if you somehow get lucky and you get your profit that will not last for long time. So better is to take risks but take them with much care. And you maybe look and earn more about bitcoin and politics all about them.
You must have known the basics of that business, keep calculating the whole scenario and then take wise decisions. Risks are ultimately turned to profits.
Bitcoin keeps on increasing in value and I have seen many people becoming rich in short time just by holding bitcoin. We should not listen to those who are against holding bitcoin for long time. In the crypto market, holding of bitcoin is the most successful method of making money without any risk at all.
And the amount is hundreds/thousands bitcoin , once they realized the price has skyrocketed they dig it and found it worth millions of dollars .
Basically those kinds people did not take a risk , but more to an accidental investment , yeaaa a lot of good story come from early adopters , you might can follow the way they make an investment.
The risk is when your investment will all lose. There is no guarantee that it always increasing the price of bitcoin. The best suggestion is always invest where if you loose that it should effect your personal needs.
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
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