Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: DokLex on March 27, 2019, 04:49:44 PM
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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.
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Its always going to be a risk, however if you are only using fiat to purchase bitcoin that you dont actually need back right away, then it only becomes a waiting game upon andy major decline in price per token.
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Make sure that the website your using is secure... Id like to let you know that I personally use Paxful for trading
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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.
In general crypto is more risky compare to stocks or other investment instrument but in actual fact you are the one to decide how much risk you are expose to though.
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As it is a decentralized blockchain network and there is no government involvement in it so from my point of view there is no risk in bitcoin investment.
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The risks are high but it's one to take if you are looking to earn more than usual. You can always manage risks buy being equipped with the right knowledge and information. But If I were you I'd try other cryptos other than bitcoin.
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Nobody knows for sure when the price of bitcoin will increase or decrease, but there are many people who are optimistic about the price of bitcoin in the future. If you are ready for the risk then it seems that this is the right time because even though it's slow, I see the market getting better.
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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.
Invest in cryptocurrency is more riskier than other investment instruments you might see from the market due to the volatility involve in cryptocurrency and not other invest instrument carries this type of volatility.
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The risk depends on Bitcoin's investors. For the people that know well about how to manage the Bitcoin investment, it should be low risk. While for the beginners that try to invest without sufficient knowledge and proper strategies, it should be high risk. I think you won't be able to determine how much risk in Bitcoin investment. Why not forget it, you are better to learn more to know how to run a Bitcoin investment correctly than thinking how much the risk. ;D
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There are risks everywhere, if you decide to invest, you need to be ready for any turns, bitcoin can fall lower than you might expect, but it can dramatically increase, it's like in roulette, no one knows how the market will behave.
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No one seems to me to give an adequate answer. Because the reasons for the rise or fall of Bitcoin are not amenable to real analysis. What you can be sure of is that it will always have a value.
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My opinion is that BTC is one of the most reliable currencies.
I want to advise just in case it is better to buy several different tokens
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If you bought 3-4 bitcoins at the end of March, it was a successful purchase, since from the first of April to the end of June the price of bitcoin has quadrupled. At that time, we did not think that Bitcoin would go up so fast in its price. And now, during the period of the traditional growth of the cryptocurrency market, we again are almost completely ignorant of the price of the cryptocurrency. It can also begin to grow at any moment, or maybe in the spring of next year.
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There is so much risk if you are unable to hold for a long time, since bitcoin can go up or down can go either way in a real quick fast phase,
It is just bitcoin and many more cryptocurrency are just highly volatile thus making it a hard not so sure trade, so the risk is always there when it comes to bitcoin.
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Where there is a possibility of quick profit, there will always be great risks, but if you approach the issue wisely, the chances are that your profit will double, or even triple, much more.
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In today’s time, Bitcoin investment is a very risky step if you invest without planning. You will not be assured with any guarantee of profits. So, before you step in and become an investor you must understand that the market is fully volatile and working in such a scenario today with cryptocurrency can get a potentiality for all kind of scenarios. You should invest the same amount you are ready to lose and trade very carefully with a structured plan so that you can get a good return.
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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.
Any investment in itself carries risks. Investing in young markets like crypto is twice as risky, but it can also bring good returns. No one can say what will happen tomorrow and what events can affect the market. Blind investing is not very smart. You need to study the pedmet of investing well, weigh the pros and cons, and of course, choose the right time for this. As you may have noticed, a good time to buy was when btc cost $ 3000. This is if we take the minimum value recently. Even with the current drop in prices, this would give you double the profit. Decide for yourself what to do. This is your personal choice. I can only give you a recommendation to read reviews in detail: https://revain.org/projects/bitcoin. I hope you make the right decision for you.
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The thing is that no one can say for sure how risky it is to invest in bitcoin at a particular time. Of course, the lower the price of bitcoin is, the less risk there is in investing it. If you nevertheless bought 3-4 bitcoins at the end of March, then due to the fact that from April 1 to the end of June, the price of bitcoin increased four times, you could get a good profit. However, if you did not sell them at the peak of their price of $ 13,500, then now, at its price of $ 7,444, you again lost some of the profit. What price of bitcoin will be in a few years, no one knows.
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There's always a risk. We are all in this game. I understand you must have invested in btc already since you posted this, but I think it's better to invest little by little, not in 3-4 btc at once
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Bitcoin is the safest way for investment since it is the main crypto coin. As in the upcoming year, there is a high possibility for Bitcoin to increase significantly, it is a good time to invest for now. I usually suggest to people if they have capital, it is a chance to be rich.
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A lot of risk, but I guess it will keep growing so it's worth it
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This is less dangerous than investing in bonds. Therefore, draw your own conclusions
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what amount of risk is there in investing in bitcoins.
There are high risks in crypto investment, investing in Bitcoin is the safest one. But you need to know how to predict future trends after you buy Bitcoin. Never buy Bitcoin if it is likely to drop gradually after you buy it. Buy at the lowest rate once it declines, is the best option.
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Absolutely any investment has risks, whether it is the cryptocurrency market or the stock market, however, the risks are significantly reduced if the investor understands what he is investing in and correctly predicts his profit.
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No matter where you invest money, each thing is going to carry some or the other type of risk. Can’t really accurately measure the risk involved, but it is there, then be it bitcoin or something else. The more prepared one stays, the better.
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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.
Sir actually market so very much volatile here so if anyone say to you that market will reach 50k=1btc in year 2020, it may be reachable or it may be down to 1k, thats also possible. But be true that market is now expand and if you want to invest here take your own decision. But before your investment i suggest you to research about crypto market and then invest.
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It will always be risky to invest in bitcoin and other cryptocurrencies until they get accepted by the people and have a real daily use case. When you start buying your groceries with bitcoin I think there will be less risk. Right now it is really volatile and will be more volatile because of the halving event we will be having in April 2020.