I just wanted to know that,what amount of risk is there in investing in bitcoins.
Just like any other investments, no one can predict how much risk is involved in bitcoin
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.
Again, The price can rise up like we are currently experiencing, and shoot down fast, like what happened when there was drama regarding the scaling issue. If you are going to hold it, just do invest it for long term and try to hold on it as you can till the next halving.
Bitcoin investment is risky, especially when you don't know where to invest it. There are some investment that are scam. Because bitcoin price is always changing, you can't control it. Sometimes the price of bitcoin surges,this may affect the bitcoin investment.
There is a higher risk if the investor doesn't understand the market of investing in digital currency.