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.
Investing in bitcoin itself is a risk like we know, infact investing in any form of business is a risk because you dont know what might happen in the long term, all you have to do is just to be hopeful and determined that the best is going to happen.
Every investment is risky but still we can have faith in bitcoins that it will not disappoint us in future and if you can manage to hold your coins for a long term then it will only give you positive results so I am willing to take that high risk of investing higher capital in bitcoins to earn very high profits in future.