Quote from: mimini0147 on April 29, 2017, 01:58:32 AM

Quote from: imawriter on April 23, 2017, 06:30:59 AM

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.

Do not ever invest anything that you can't afford to lose - that's the same as everything.

Especially bitcoin, it is a high risk investment. How much risk? Well, just look at the recent history of bitcoin price. You'll see bitcoin prices going +100 dollars or -100 dollars in a few hours, sometimes even more exaggerated.

I'd say that keeping $5,000 in bitcoin won't hurt.

It'll serve as a hedge against fiat currencies collapsing, and even if bitcoin goes to $100 a coin, you won't be losing out on that much.

When you consider a lot of the instability with the geopolitical games being played these days, having Bitcoin is definitely a good thing since you're looking at a lot of potential for rapid inflation and other economic damage being done on what is essentially a hair trigger response. Diversifying out of fiat and into more assets of value is something to take into consideration for most people who don't have other assets they would want to keep in mind.
A lot of fiat currencies, while strong against each other, are propped up and only a domino or two can take down the whole system.