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.
Very good disucssion. I was about to start a similair discussion. Some people say it's a high risk market but if you're willing to hold your coins with a 2 to 5 year vision I bet the risk might not seem that high by then :-). I really advice people to take a look at:
https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. On:
https://www.coincheckup.com/coins/Bitcoin#analysis To see the: Bitcoin Analysis