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.
Talking about investing is of course risky, risky, risky at times. However, we need to be very cautious, understanding, choosing reputable investment projects with the right knowledge and investment will help us to reduce the risk to the lowest level. Investing in Bitcoin is the same, it also has certain risks. If you know Bitcoin prices will go up, you will buy Bitcoin stockpiles, and at a later time the higher prices you sell will be profitable. But if it goes down for a long time, it will be unstable. But do not worry, it seldom happen, invest in Bitcoin because it has good potential