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.
The fact is that when we invest in anything, it will be risky, more or less. At present, if investing in Bitcoin, the risk will be lower than other coin. The increase of cryptocurrecy is very normal, depending on the supply and demand of this electronic currency market. If you want to profit, should invest in ETH or ICO, Token, but the risk will be very high. But if you invest 3 to 4 BTC, I think the risk is low. And the experience is that buying low is selling high, always keep that in mind.
