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    Author Topic: How much risk in bitcoin investement ?  (Read 71653 times)
    Superways
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    December 10, 2017, 11:27:40 PM
     #1921

    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.

    Therevis no exact explanation to the risk on bitcoin. Bitcoin price varies every noe and then because of its volatility and an hourly update will help you manage your bitcoin. I would suggest that when you invest on bitcoin with a big value it is safe to say that you keep it in long term since there is speculation that bitcoin will reach to a price of $1m in the future. Remember that bitcoin is really high at risk, so better invest on the value that you can afford to lose to avoid defecit in your finances.
    You are right it is very tough to understand the bitcoin but for this now a lot of the sites are available so buy the more bitcoin and it will increase the strategy of the bitcoin with the passage of the time. I think not only the bitcoin but all the things are having the risk so buy the bitcoin and hold for the longtime so you will buy more bitcoin but you will have to arrange your knowledge about the bitcoin.
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