What is the risk of holding Bitcoin? - page 60.

y4y4n8

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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..

I think mr.Sorayacrash said "What is the risk of holding Bitcoin?"
not "what is the risk of holding another coin" as you have explained..
the people ask "What is the risk of holding Bitcoin?" but you are explaining the risk of holding coins other than bitcoin...

xenxen

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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..

fredo123

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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?

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

ongels

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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 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.

Bestwishes745

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Quote from: Jelly0621 on October 22, 2017, 09:28:30 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.

bestluck

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Quote from: Golftech on October 22, 2017, 09:48:58 AM

Quote from: franco123 on October 22, 2017, 01:29:50 AM

1) Bitcoin price might go down
2) Govenrment might ban Bitcoin in their country
3) Panic selling might happen
4) Bubble price might pop and lead do big drop of price
5) Price ceiling might hit which then price will only go down.
6) Hackers or just being neglectful and loosing your account
7) Bitcoin might be used for illegal activities and might push the prohibitation or freeze the trading of Bitcoins.

thats why its really a big risk for those who doesn't understand the system but for us who study the chain and see the potentials even there's a lots
of risk we tend to continue and keep holding and aiming to have much more bitcoin in the future.

If we complete the statement it would be like
1- Bitcoin price goes down but then increase soon surpassing all previous peaks.
2- Government banned smuggling but it did not stop. China banned dealing in BTC but Chinese are still into BTC.
3- Panic selling is done by only new investors and it is actually good for the health of BTC.
4- If it would have been bubble, why is it still surviving?
My point is, nothing is perfect but BTC is the future of money. Everything depends upon us. It is not easy for hackers to steal money as easily as it is said. It has a very secure algo.

h4yfans

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Same risk as holding USD. Anything could happen.

shiunsai

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Quote from: djgtr on October 22, 2017, 05:02:46 PM

Quote from: pungopete468 on October 22, 2017, 03:55:02 PM

So far I have seen that there is no risk in holding bitcoins as I am holding since last 3 years from the day I am into bitcoins and so far holding has only given me positive results and I am expecting the same in future too as its the easiest way to make more profits without doing anything.

yes i agree i also beleive that there is no risk in holding btc because you can dicide all by yourself when is the rigth time to sell i believe only fool person well sell btc in a low and buy it with the high price .i think if we are going to get the right timing on price maybe holding is profitable not a risky dicision.

Newbies who don't have much experience in bitcoins will easily get panic when they will see price going down and sell at the low price but the people who have enough knowledge and experience about bitcoins will always prefer to hold it for a long term and will sell only at higher price.

djgtr

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Quote from: pungopete468 on October 22, 2017, 03:55:02 PM

So far I have seen that there is no risk in holding bitcoins as I am holding since last 3 years from the day I am into bitcoins and so far holding has only given me positive results and I am expecting the same in future too as its the easiest way to make more profits without doing anything.

yes i agree i also beleive that there is no risk in holding btc because you can dicide all by yourself when is the rigth time to sell i believe only fool person well sell btc in a low and buy it with the high price .i think if we are going to get the right timing on price maybe holding is profitable not a risky dicision.

pungopete468

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So far I have seen that there is no risk in holding bitcoins as I am holding since last 3 years from the day I am into bitcoins and so far holding has only given me positive results and I am expecting the same in future too as its the easiest way to make more profits without doing anything.

Ahiaba

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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?

Since there is always risk in any decision one take on investment, the risk that is involved in hold Bitcoin is that of when the value decline to the level you bought them. In addition to that, when there is a ban on the use of Bitcoin in your country or world over and Bitcoin become worthless. To my understanding these are some of the risk involved in holding Bitcoin.

n0ne

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Not only bitcoin, each and every digital currency has the unpredictable nature. So, one needs to know the limitations in holding, because the price might increase anytime as well decrease in unexpected time. User need to buy or sell at the right time to gain good profit, which is possible only by fixing a target price and doing all exchange activities once reaching the specific price.

omonuyak

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The risk of investing in bitcoin is price fluctuations and manipulations. Bitcoin price often fluctuations in a very high velocity and most time you can lose significant amount of your investment if you are not very patience and know how the price work. I have been trading forex and now bitcoin and cryptocoins market and one thing I have find in both market is that there have an inherent risk and reward and you should not going into it without knowing how this risk work and how to manage them.

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Quote from: justspare on October 22, 2017, 02:26:29 PM

Quote from: minmin88 on October 21, 2017, 09:15:41 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.

No loss no gain, if you can't take the risks you don't know if you will earn profit. Most of the successful people are risks taker. They trying to intercept the flow because they have a dream to become rich, they have to become more powerful and they will success. It was happen because they want can't follow with the flow only especially in the bitcoin if you can't take the you don't know what will happen next.

Crytpozer0

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Looking at charts and prices of btc may be risky every day but in long term bitcoin will be rising further and higher, I think the risks are minimal.

meebs

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If you hold bitcoins for the right time and sell it at the right time then I don't think there is any risk of holding bitcoins but you need to make sure that you sell your coins when its giving you good profits instead of holding it too long as if price falls then your holding would go in vain.

justspare

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Quote from: minmin88 on October 21, 2017, 09:15:41 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.

pantek talacuik

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the risk is that if you take too long to hold bitcoin and the price does not go up, then you will get big losses, and your struggle is just wasted. but that is only a small possibility, as bitcoin prices have so far improved, although sometimes it gets worse, but that is only temporary

virasog

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The risk is your money can be lost if you the price really go down, who knows. The price really skyrocketing, the price is unpredictable and totally insane now. But we really need to be positive, the money will grow if the investor come and invest on. There is no risk on holding but i think if you are planning to buy bitcoins, just wait for some more time and wait for bitcoin price to settle a bit.

Hypnosis00

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Risk of holding bitcoin? I'm proud to say that there is no risk of holding bitcoin because even the market is volatile and you are still holding bitcoin then you will not get those losses or gains because those are just paper losses or paper gains and it will not become true if you will not sell your bitcoin so as long as you are holding then there is no risk with it.

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