Pages:
Author

Topic: What is the risk of holding Bitcoin? - page 63. (Read 19120 times)

sr. member
Activity: 1204
Merit: 272
1xbit.com
October 19, 2017, 08:18:37 PM
I don't see any risk in holding bitcoins as I am holding since last one year and I have already made huge profits from it so if you invest now and hold for next few years then you will be making good profits for sure but its better to invest some bitcoin in altcoins instead of keeping them idle in wallet as with investments you will be able to grow your coins which is never possible with only holding.
hero member
Activity: 1484
Merit: 516
October 19, 2017, 06:30:37 PM
Hacking would be huge fear of holding bitcoin in our wallets.  Though we set our wallets so secured, it's better at times to to shift the BTC to other wallets we have. Fees would be still there. But safety is very important.

Yes hacking one of the reason for holding bitcoin in the exchange. Users invest on bitcoin but as always saying don't invest only in basket. Spread your bitcoin in different wallet for better safety and dont rely on exchange.
Yes this Is good approach to put your coins in different wallet but if they are put in same one then there will not be any problem because now bitcoin administration has changed a lot of security protocols so that no other than you can access your coins and they will not let anyone from deep web to just come and take away your coins system is secured enough now.
I believe in a long-standing market to save my assets,if my assets are missing then it will be replaced by it because there is a market system that penetrated by hackers so it can anticipate if there is more attacks.Is better kept in a private wallet but if hit by a hack then lost and not replaced by anyone.
sr. member
Activity: 420
Merit: 250
October 19, 2017, 06:13:22 PM
Hacking would be huge fear of holding bitcoin in our wallets.  Though we set our wallets so secured, it's better at times to to shift the BTC to other wallets we have. Fees would be still there. But safety is very important.

Yes hacking one of the reason for holding bitcoin in the exchange. Users invest on bitcoin but as always saying don't invest only in basket. Spread your bitcoin in different wallet for better safety and dont rely on exchange.
Yes this Is good approach to put your coins in different wallet but if they are put in same one then there will not be any problem because now bitcoin administration has changed a lot of security protocols so that no other than you can access your coins and they will not let anyone from deep web to just come and take away your coins system is secured enough now.
hero member
Activity: 980
Merit: 507
October 19, 2017, 02:12:52 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?
Will list a couple for you.
One, if the market crashes and you need to cash your bitcoin out, you hardly will get a profit. That's a negative aspect when you hold.
Number two, holding is waste of available capital with a person, I say invest furthermore which would rather increase your inventory.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
October 19, 2017, 02:06:14 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 are interested to put your money into bitcoin then put it and other question is what is the biggest risk to hold the bitcoin. When you put your money into bitcoin then you will see that what is actually biggest risk is here in bitcoin. But i want to clear you, Nothing risk is here in hold the bitcoin only profit and profit is here to hold the bitcoin.
full member
Activity: 263
Merit: 100
YGOLD is a Defi platform
October 19, 2017, 01:28:46 PM
I think that there is no risk when holding BTC in long-term. Its value has accepted by most of the people. The price will go up 10x or 20x in the future. There is only one risk is that all countries in the world ban it. But that never happens. lol
full member
Activity: 138
Merit: 100
October 19, 2017, 01:11:08 PM
Just invest what are you willing to lost...never all out if you are curious in this Bitcoin...
Probably i can say all thing in this world got risk...its how you manage the risk...  Wink Wink Wink
This is true. We are all very optimistic but bitcoin is still in its early phase and until we are sure there is nothing that can really stop it and the adoption is huge, then we still just have to keep our fingers crossed and hope for the best.

No one wants negative situation, but if they happen, at least, investing what you can afford to lose will help your situation. Still, this is really not easy knowing the higher you put the more the risk involved and the more you make once the value shoots up.
I won’t say there is much risk. You already know that the price will decrease sometime, and you also know that no matter what, one day it will increase. Other risks can be when you invest into the wrong platform, and after some, possibly years of holding, to withdraw becomes a war. So always be careful.

Investing in alternative coins is much more risky than investing in bitcoin. I do not see any risks at all if you buy bitcoin and will keep it for several years. You only need to choose a reliable wallet
hero member
Activity: 672
Merit: 500
October 19, 2017, 01:01:07 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 risking if you hold your bitcoin that your investment have no earning  or in times the value of bitcoin dump,your crypto currency investment  will loss its value,but its safe when hard fork comes,and in times the value of  bitcoin  pump up   your so great ,because you can earn  more paper money.
Well not only you but a lot of the people are gossiping about his and it is the thing that the value of eh bitcoin is getting high day by because it does not matter that what the people are thinking about the bitcoin and the income of the bitcoin, try to buy the high amount of the bitcoin and you will be the bit coiner for the high profit, I use to buy the bitcoin and I will buy the bitcoin as the increasing price and the worth of the bitcoin.
hero member
Activity: 798
Merit: 527
October 19, 2017, 10:36:45 AM
I think there is no risk for holding btc.because if you think for the long term investment then holding of btc is the best way to make profits. Bitcoin value increaseing and decreasing everyday but if you see the history of bitcoin then the bitcoin price increased too much.Before nine years you can buy only two pizza for 1btc and nowadays its crossed up to limit of $5200.so I think by holding btc you can get big profites.
The risk is really reducing by the day as we keep moving forward and that is why you cannot compare someone who is starting their investment today to someone who took the bold risk when the risk was still higher and they are now reaping the benefit of their risks.

A time will come when the risk will be lesser and by then the value would have been huge that they will envy even those that got in today.
legendary
Activity: 2170
Merit: 1427
October 19, 2017, 10:31:09 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.

First of all, don't be so fiat centric. Second of all, you only lose when you sell. If you buy 1BTC at $5000 and the price goes down, you still have your 1BTC, there no one can take that away from you - so there is no loss at all. If you see the price go down, and then sell as result, then yeah, you'll lose. People should really distance themselves from their dysfunctional logic that if the price happens go down, that it automatically means that they have lost money. At the end of the day, this is largely what makes people panic sell their coins like there is no tomorrow.
full member
Activity: 126
Merit: 100
October 19, 2017, 10:29:40 AM
Everything in this live has a percentage of risk.Bitcoin too has some risks that we should know how to deal with.
Holding bitcoin for investing is riskious sometimes, because we can not guarantee the variation of this currency and we can not predict when its price will rise or not.
full member
Activity: 504
Merit: 106
October 19, 2017, 10:17:26 AM
Just invest what are you willing to lost...never all out if you are curious in this Bitcoin...
Probably i can say all thing in this world got risk...its how you manage the risk...  Wink Wink Wink
This is true. We are all very optimistic but bitcoin is still in its early phase and until we are sure there is nothing that can really stop it and the adoption is huge, then we still just have to keep our fingers crossed and hope for the best.

No one wants negative situation, but if they happen, at least, investing what you can afford to lose will help your situation. Still, this is really not easy knowing the higher you put the more the risk involved and the more you make once the value shoots up.
I won’t say there is much risk. You already know that the price will decrease sometime, and you also know that no matter what, one day it will increase. Other risks can be when you invest into the wrong platform, and after some, possibly years of holding, to withdraw becomes a war. So always be careful.
legendary
Activity: 1582
Merit: 1031
October 19, 2017, 09:54:32 AM
if you not trust in bitcoin you may loose your moany .
but since now bitcoinprize allways goes up .
But noone can trust you that this will stay forever Cheesy
iam only holding bitocins that i can lose and most comes from advertise incomes.
so it was no money from me its like gambling money !



regards
sr. member
Activity: 378
Merit: 250
October 19, 2017, 09:41:08 AM
The risk of holding bitcoin is the possibility to lose money because we all know that the market of bitcoin is not very stable because it is only depending on the traders and users demand so it is the reason why a lot of people are still afraid to put their money in bitcoin because they are afraid because of that risk to lose money.
hero member
Activity: 966
Merit: 506
October 19, 2017, 09:32:29 AM
Not much, but there is always risk.  I would be more than ok with keeping my money in BTC and going on a trip for a month without worry, even two months.  I have not checked BTC for a week or two and had a few thousand dollars or more in there and never worried.  Here in the USA, obviously FIAT would be the first to trust, followed closely by BTC.
hero member
Activity: 2086
Merit: 994
Cats on Mars
October 19, 2017, 08:23:41 AM
you have to know the biggest risk in holding bitcoin is the prices fluctuating. If you look at current price continue to rise, you will also see the prices decreased considerably. so the risk is that you can lose a lot of money and sometimes it's difficult to be recover.
You should't need to worry about the btc fluctuation, it happens everytime there's a surge in the price. If you're thinking in the short term, then yes, you should be a little worried about the price volatility. But, given the trend we've seen this year, there are no immediate risks in holding bitcoin. Bitcoin hasn't decreased it's price in a long time, on the contrary, each month we reach a new ATH, and it's been this way for the past few months.
newbie
Activity: 56
Merit: 0
October 19, 2017, 08:11:50 AM
As long as its value continues to increase, then you got nothing to worry but there is also a chance that its value will decrease.
sr. member
Activity: 812
Merit: 253
October 19, 2017, 07:54:46 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.
sr. member
Activity: 1148
Merit: 300
October 19, 2017, 07:30:47 AM
you have to know the biggest risk in holding bitcoin is the prices fluctuating. If you look at current price continue to rise, you will also see the prices decreased considerably. so the risk is that you can lose a lot of money and sometimes it's difficult to be recover.

But you don't have to worry about the price swings its normally happen in bitcoin and soon it will recover when the demand increases.We all know that bitcoin is limited amount once all coin was mined the demand of bitcoin will increase and price also increase.If you are a long time holder just be cool the price will increase and you will become rich.
i think there is nothing to worry about in holding btc every investors end up to gaining profit in a long term holding btc.because even if the price go down it will rise again in the next few days .maybe the worst thing is when there was a war or maybe the internet will goin to shot down permanently that was the time of risk but it is not really going to happen .that is why no harm on holding btc.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
October 19, 2017, 07:17:21 AM
you have to know the biggest risk in holding bitcoin is the prices fluctuating. If you look at current price continue to rise, you will also see the prices decreased considerably. so the risk is that you can lose a lot of money and sometimes it's difficult to be recover.

But you don't have to worry about the price swings its normally happen in bitcoin and soon it will recover when the demand increases.We all know that bitcoin is limited amount once all coin was mined the demand of bitcoin will increase and price also increase.If you are a long time holder just be cool the price will increase and you will become rich.
Pages:
Jump to: