I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Are you talking about the risk that you have just on storing the bitcoins?
Because if yes, that would be a very hard question to answer, i assume that nobody can tell. The risk is dependant on the current bitcoin price, and you should have already know that it is very high.
In fact, i think that you couls not choose a worse moment to buy so many
BTC, the price is almost all-time high which means that it is most likely to see the price chart dipping below current level.
If i can suggest something, then I wouls tell you to just hold on an wait for the price somewhere between 1000 and 1050$, otherwise i would stay away from buying BTC for now.