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Topic: What is the risk of holding Bitcoin? - page 59. (Read 19120 times)

sr. member
Activity: 2366
Merit: 448
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October 26, 2017, 08:59:31 PM
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.
hero member
Activity: 1092
Merit: 523
October 24, 2017, 11:33:13 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..
Actually you have misunderstood the question. Question was not about any coin, it was related to bitcoin specifically. Still as you said, that is absolutely true in its own regard. When you are coming into trade and you are likely to take a start. Don’t just dive in blindly. Make a strong research. Read, write, learn, calculate and do every important thing that can save your profits.

full member
Activity: 434
Merit: 100
October 24, 2017, 11:05:16 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 is the non stable value of it, you can lose money in this if bitcoins price will drops. So my advice is buy a lot of bitcoins whenever the price is down because it will probably goes up againa and even if it falls again, you will not bother for your loss because you just bought it for a cheaper price. But if ever that you loss money through bitcoins do not cut your loss ever because you might regret it when the price grows tremendously which is possible and they always did it all the time. So goodluck man, just do not let your emotions affect you on your decisions especially on this bitcoin thing
full member
Activity: 266
Merit: 103
October 24, 2017, 08:25:49 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?
Biggest risk? I know that you know already on whats on your mind but i would tell you again the risk is that we might loss money too even though its price do keep increasing but we cant be sure that this thing would last forever which means we would really always have the risk and not only that we might lost those bitcoins too by being hacked by someone or scammed by them this is why we should really keep good security on our bitcoin holdings.
Lol who is saying that holding is risk the main thing to achieve big piece of profit is holding and those who become rich just because of bitcoin just simple suggest the buying and holding and nothing else and this phenomena is very loving and promising holding in time of dump saves you from bearing loss and this is the major thing in crypto don’t count it I risk some time over greed leads to the loss also.

First off, use more punctuation (I can barely understand it).
We can't forget the many collapses that bitcoin had in the price, but I agree... At this point BTC is becoming more than just a means of transaction, it's an investment. I'm not sure if Satoshi knew how big this would get - I believe he probably thought BTC would end up being a predecessor to something else after realizing that mass adoption of it would lead to it being an erroneous protocol.
Which would probably explain all these forks that are competing to become its successor.
In the end just realize that BTC is a great investment as of right now, but in the future there may be something else.
Just keep your eyes and wit sharpened if you are investing - because once it does come, BTC might plummet.
full member
Activity: 182
Merit: 100
October 24, 2017, 01:47:00 PM
The only risk of holding bitcoin is not holding bitcoin! Holders always enjoy value appreciation
Well I think the lose is not the big thing now, I am having the high profit but for this the bitcoin investors should be careful for the bitcoin holding and the income of the bitcoin will be more than this, in the future all the people will get the high income and the money will give you the bright future as much as we will invest the more we will buy for the future so my future is safe with the bitcoin.
sr. member
Activity: 994
Merit: 256
October 24, 2017, 08:17:19 AM
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?
Biggest risk? I know that you know already on whats on your mind but i would tell you again the risk is that we might loss money too even though its price do keep increasing but we cant be sure that this thing would last forever which means we would really always have the risk and not only that we might lost those bitcoins too by being hacked by someone or scammed by them this is why we should really keep good security on our bitcoin holdings.
Lol who is saying that holding is risk the main thing to achieve big piece of profit is holding and those who become rich just because of bitcoin just simple suggest the buying and holding and nothing else and this phenomena is very loving and promising holding in time of dump saves you from bearing loss and this is the major thing in crypto don’t count it I risk some time over greed leads to the loss also.
hero member
Activity: 952
Merit: 503
October 24, 2017, 04:31:34 AM
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.
sr. member
Activity: 1330
Merit: 291
October 23, 2017, 03:39:50 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?
Op it is a good thing to invest in crypto currency particularly Bitcoin because of its high return on investment in recent time, but it is another thing to invest what you can afford to lose in case some thing happen to your investment contrary to your profit intention. Holding Bitcoin is some time risky most especially when the value decline with significant amount against your entry position. So it is always rational for you to diversify your investment capital into different investment opportunities to reduce the risk of losing your capital.
hero member
Activity: 1134
Merit: 517
October 23, 2017, 02:05:30 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?
Holding Btc is super easy to lose, No mechanism is present to recover lost bitcoins, If your bitcoin wallet gets hacked, all its content gone for good. If you accidentally make a bigger payment with bitcoin , it will gone forever
I felt pity and sad after going through the thread in the link below. I don't think there could be a worse situation with Bitcoin than the realization that one's coins are in a particular place and yet unable to reach or have them back. I hope there could be some ways to mark coins of certain amounts to its real owner, that could go a long way to check even ransomeware, though I fear such feature could be hijacked to monitor and make nonsense of anonymity.

https://bitcointalksearch.org/topic/m.22784307
hero member
Activity: 966
Merit: 501
October 23, 2017, 01:14:38 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?

I think the bivgest risk is the prices would go down and you would not get the worth it momey for the bitcoins you are holdong onto. You never know about the future and it wouldn't be the first time when the prices would fall down and that to a great extent. In 2013 a drop of 73% was seen in the bitcoins price when the bitcoin bubble burst. And seeing the charts of bitcoin one caneasily observe the fluctuations in the prices. The chart is just like a roller coaster ride , it goes up and up and suddenly it goes down.
I think my best advice would be not to put all of your money into bitcoins and also have something else as a safe asset and not to completely depend on bitcoins.
hero member
Activity: 1190
Merit: 534
October 23, 2017, 12:44:46 PM
It's great to hear that you want to hold some of your wealth in Bitcoin and willing to understand more about the benefits and cons of it before investing. The first thing I would suggest that do invest in it as much as you can afford to lose.

Bitcoin is still in the beta phase and even though Bitcoin is giving consisting performance since inception except for one year, there is no assurance that Bitcoin will continue to give such performance over the time in the coming years so, in case of any unexpected movement in price, it is necessary to keep your day to day life funds away from such wild market to ensure smooth functioning of your routine.

Bitcoin is legal in most of the countries (as far as you are not using it for illegal activities), it has a clever code backed by blockchain and it gives some more benefits than the traditional fiat system. However, since it is in the beta stage, it is volatile in terms of price behaviour and if you are comfortable with such ups and downs in the wealth that you are putting in Bitcoin then, I don't see any other major risk of hodling Bitcoin as far as you are taking security and moral precautions while holding it.
hero member
Activity: 1065
Merit: 510
October 23, 2017, 11:22:24 AM
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?
Biggest risk? I know that you know already on whats on your mind but i would tell you again the risk is that we might loss money too even though its price do keep increasing but we cant be sure that this thing would last forever which means we would really always have the risk and not only that we might lost those bitcoins too by being hacked by someone or scammed by them this is why we should really keep good security on our bitcoin holdings.
sr. member
Activity: 547
Merit: 253
October 23, 2017, 11:19:10 AM
Bitcoin is fluctuating. We'll never what will happen in the future. No one knows, though. Meaning, you will lose or gain from holding your bitcoin.

For the past few months I had to stop earning bitcoin but it did mutiplies 8x without doing anything just holding it on my pocket.


This is just like universal truth that future is unpredictable, you never know what will happen in the coming days. But one thing is for sure that holding of bitcoin is having no such risk at all and is very much profitable. The way the market prices of bitcoin is increasing significantly and that too in such a short span of time, I am very much sure that the one who is holding his bitcoins now will be the richest person tomorrow.

The risk of holding bitcoin is that no body knows exactly of it's future outcome. We don't even know when it rise or fall. It's risky because not all countries are accepted this kind of technology so I can say that it is not totally spread everywhere. In addition, this bitcoin can only transact online so if we were going to buy something, we need to go to an on line store before we can used it. Actually there are lot of risk to mention but this could be few examples of risk in holding bitcoin.
hero member
Activity: 2870
Merit: 574
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October 23, 2017, 11:15:31 AM
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 when you hold your money and turn intobitcoin is when the price value of btc in blockchain market turn to dump or some other circumstances like this coming hard fork because you cannot see the external exchange of your earning.but all of this things is a speculation,if you want to see the feednews  in bitcoin worlds or the statistic data of bitcoin  you must find out that the reality bitcoin  is continue to rise up above,and constant making its legacy all over the world.

when the price is down, many people is panic and they are risk their bitcoin because if they are still holding bitcoin they can loss in value of money. but we should always remember that even if bitcoin price is down, the price will be increase back and we need waiting and don't selling our bitcoin. many of us is trapped in this conditions and trying to selling the bitcoin and then buy back at lower price, but if we analyze more, we are still loss and we only can sell the bitcoin once the price is higher than the price their buy.
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Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
October 23, 2017, 11:11:58 AM
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 when you hold your money and turn intobitcoin is when the price value of btc in blockchain market turn to dump or some other circumstances like this coming hard fork because you cannot see the external exchange of your earning.but all of this things is a speculation,if you want to see the feednews  in bitcoin worlds or the statistic data of bitcoin  you must find out that the reality bitcoin  is continue to rise up above,and constant making its legacy all over the world.
hero member
Activity: 743
Merit: 500
October 23, 2017, 09:43:58 AM
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 of holding bitcoins for me, if i put all my money in bitcoins and if there somebody hack or scam my account, Im surely find myself into big trouble, Then what im gonna do next? Im pretty sure most cases who are victim in scam had nothing to do to recover all their asset.
How to avoid maybe more secure because the security of your money is in your hand so if you have double security and you think always for what would be the best and for all the positive and negative that might happen you can avoid even this is so impossible to avoid the risk of getting hacked or scammed.
sr. member
Activity: 434
Merit: 250
October 23, 2017, 08:19:09 AM
Bitcoin is fluctuating. We'll never what will happen in the future. No one knows, though. Meaning, you will lose or gain from holding your bitcoin.

For the past few months I had to stop earning bitcoin but it did mutiplies 8x without doing anything just holding it on my pocket.


This is just like universal truth that future is unpredictable, you never know what will happen in the coming days. But one thing is for sure that holding of bitcoin is having no such risk at all and is very much profitable. The way the market prices of bitcoin is increasing significantly and that too in such a short span of time, I am very much sure that the one who is holding his bitcoins now will be the richest person tomorrow.

You've got it sir, the one who are holding their bitcoins for the past few years where bitcoin is only 4 digits are now very rich.

The one whose faith in bitcoin still there  are now very much happy with the outcome of unexpectedly very high increase in bitcoin.
hero member
Activity: 1078
Merit: 501
October 23, 2017, 08:05:28 AM
I think the biggest risk of holding Botcoin would be to loose it all. Or if bitcoin will halve, of course the best way to keep your emotioms when that happens is if you will hold your bitcoins for long term so in time it will increase back its price again.
I agree, that is really the main reason of holding a bitcoin, but as long as you think of future and still hold it for a long time, maybe that is not a problem at all right? We should just be patient and wait until bitcoin price rise again and back to its good value.
legendary
Activity: 938
Merit: 1002
October 23, 2017, 07:49:13 AM
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.

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.
I don’t think so there is any risk in holding bitcoin in your offline wallet for a long time.
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.
sr. member
Activity: 291
Merit: 250
October 23, 2017, 03:26:28 AM
The risk is the uncertain of value,
there is always up and down.

It is a risk of trading,
it is common.

I would love to handle that risk too Smiley
Just trading at the acceptable risk.

I ll HODL (now)
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