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.
The risk involved in buying and holding bitcoin is there's a chance that the price of bitcoin will dump, and the other risk if the bitcoin wallet you used are safe. Of course right now many bad people want to get more bitcoin so I think some of hackers trying to hack those exchangers or wallets. For me that's the only risk in investing in bitcoin.