Topic: What is the risk of holding Bitcoin? - page 62. (Read 19120 times)
Keep your wallets secured. Hackers fear still there. I dont think anything else will challenge holding bitcoins. Many regions are yet to allow bitcoins used. This may be said as illegal. It depends on people how they move against it.
Investing and holding bitcoin is risky because we can never know if the price of bitcoin will continue to grow or it will suddenly drop down and not recover again then all your money in investment will be gone. And one thing is the possibility of your bitcoin wallet to be hacked if not highly secured. But no risk no gain so you just have to be more cautious and knowledgeable to know when to place and withdraw your bitcoin.
Its not easy for anyone to hack your bitcoin wallet if you have taken preventive measures and if you have 2FA as I save my bitcoins in electrum wallet and I haven't faced any issue related to security and safety of my coins so far and I don't see any risk in holding bitcoins for long term as price will be much higher after next couple of years.
Investing and holding bitcoin is risky because we can never know if the price of bitcoin will continue to grow or it will suddenly drop down and not recover again then all your money in investment will be gone. And one thing is the possibility of your bitcoin wallet to be hacked if not highly secured. But no risk no gain so you just have to be more cautious and knowledgeable to know when to place and withdraw your bitcoin.
Everything that rises so high, eventually will fall to real pit. And it'd be better if you get your profit before that. Greed isn't a good advisor, and every risk should have a solid basis.
The only risk of holding bitcoin is not holding bitcoin! Holders always enjoy value appreciation
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.
And you maybe look and earn more about bitcoin and politics all about them.
Bitcoin is volatile, the surprising way how it pumps may also happen the same way in dumping. Bitcoin value changes from time to time, it actually rises to $6000 dollar by now. Personally I still put my trust with bitcoin even knowing the risk. Bitcoin have been tested for more years and still expecting to rise. Seeing the current demand, we could expect greater value in the next months.
I know that we all believe in bitcoin and it's technology. But we should accept that investing in crypto is high risk and thats why its so expensive. More risk more earning
In every investment you have face the risk, without risk it is not possible to find the gain from investment you are going. The best suggestion is always invest where if you loose that it should effect your personal needs.
Risk is just something we cannot stop facing in any investment. The difference is that the risks are usually higher than each other.Interestingly, the larger the risks, the more the possibility of gaining even more. Bitcoin has been around now for years and that apparently has reduced the risk from high to mid risk investment and that is something and only time will tell whether those who took that huge risk today will be happy they did later in future or not.
The risk is when the government ban Bitcoin and prohibits to use it. Another risk is high fluctuation of Bitcoin that can cause losses of up to 50% or more of our investment.
But this risk is unlikely to happen because Bitcoin is getting increasingly popular and even some countries like Japan have legalized Bitcoin.
every trading have a risk but there is no guarantee of anything that will give you profit. just like that in holding bitcoin there is no such risk as usual rate of bitcoin is varying with time but mostly rate of bitcoin is increasing so i think in holding bitcoin there is no risk. But this risk is unlikely to happen because Bitcoin is getting increasingly popular and even some countries like Japan have legalized Bitcoin.
The risk is when the government ban Bitcoin and prohibits to use it. Another risk is high fluctuation of Bitcoin that can cause losses of up to 50% or more of our investment.
But this risk is unlikely to happen because Bitcoin is getting increasingly popular and even some countries like Japan have legalized Bitcoin.
But this risk is unlikely to happen because Bitcoin is getting increasingly popular and even some countries like Japan have legalized Bitcoin.
I think the greatest risk including in the holding of bitcoin is might be later on its esteems go down and in view of this low value, you will lose your cash, our hope bitcoin increases his value up day by day
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 bitcoins is not risky, many investors are converting their cash to bitcoin for them to hold it because they know that bitcoin is very secured currency unlike other currency, so they know they will earn a huge profit on it just by holding it and that is the reason why bitcoin price continue increasing as we saw in its market capitalization.But I want to know what the biggest risk is to hold Bitcoin?
Seems you haven't read about the bitcoin yet because you lack the basic knowledge of cryptos and bitcoins. Its quite simple and everyone knows that what could be the risk of investing in a currency having volatile price. You may suffer a loss, it could be big loss or small one. So you should be mentally well prepare while investing in cryptos and bitcoin to bear a loss.
There's always that. Everyone loses every now and then even those who we consider as experts. That risk is accepted by everyone dealing in trades. What many are anxious about is how long this will continue. Many are saying that bitcoin is a bubble waiting to pop and that time is what many people are trying to prepare for
There are numerous risks involved in investing specially for cryptocurrencies. Investors are waiting for right time to join uptrend channel.If you follow their path you will be successful after learning all that stuff.
Seems you haven't read about the bitcoin yet because you lack the basic knowledge of cryptos and bitcoins. Its quite simple and everyone knows that what could be the risk of investing in a currency having volatile price. You may suffer a loss, it could be big loss or small one. So you should be mentally well prepare while investing in cryptos and bitcoin to bear a loss.
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 of holding Bitcoin for over a period of time is that they is a tendency of you losing your money any time the market value of Bitcoin depreciate. And this usually happen to Bitcoin and not just Bitcoin alone but other altcoins have experienced the same lost in their value. Your risk of holding Bitcoin will be high if you are a panic seller, because you might end up selling at lost during the time of a serious decline in the market value of Bitcoin maybe course as a result of technical or serious fundamental problems against Bitcoin. But I want to know what the biggest risk is to hold Bitcoin?
The biggest risk that I know that everybody deosn't want to happen is where btc will fall below $1000. This will hurt investors who just recently bought bitcoin and it will cause a huge panic and it could be a 50/50 chance of survival for bitcoin. But I don't see any signs or any events coming that will trigger this.
Its hard to believe that price will fall that low now as its history now and we will never see that low price of bitcoins in near future and even if something goes wrong I don't think it will go below the price of $4k so there is nothing to worry and the price of bitcoin will continue to increase in future so its always good to hold your bitcoins without any pressure.
The biggest risk that I know that everybody deosn't want to happen is where btc will fall below $1000. This will hurt investors who just recently bought bitcoin and it will cause a huge panic and it could be a 50/50 chance of survival for bitcoin. But I don't see any signs or any events coming that will trigger this.
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 big investors they hold a large amount of bitcoin and they expect its price to reach a high value in the next few years. And it seems they are sure about this, and some others hold it for the upcoming hard fork event with the desire to get more bitcoin gold. But I want to know what the biggest risk is to hold Bitcoin?
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