Quote from: Umigokath on September 26, 2017, 08:07:53 AM

Quote from: Dwetha on September 26, 2017, 07:49:27 AM

Quote from: bitbob82 on June 21, 2017, 11:46:19 AM

Quote from: HasHe on June 21, 2017, 08:48:35 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.

Bitcoin price can either increase or decrease as per the increase or decrease in demand for bitcoin.There is no cenral authority to control bitcoin price and its price is driven by support from community.But since bitcoin adoption is increasing world wide,we could guess that its price would surely increase.

yes the only reason for which the price of bitcoin is increasing is the interest of the people, if people are interested in bitcoin and they will try toy buy and invest money there so the demand of bitcoin will increase and with the increasing demand of bitcoin the price will continue to increase, therefore i am also sure that the price of bitcoin will continue to increase.

I think There are a lot of risks in bitcoin investment. Temporary hype sites are responsible for this. All of us want to make money fast. Hype sites attached us by giving a lot of roi in a short moment and scam after giving 1 or 2 payment at a time. I don't see any investment site which was last long.

All the investments has a risk, and so does Bitcoin, we all know that Bitcoin's nature is volatile and erratic this is why it's harder to predict and quantify the risk. So just a little suggestion, never ever invest something you can't afford to lose.

That is the only key in order to be safe in any investment. You need to invest the amount that you can afford to lose in order that you will feel safe and comfortable and not that paranoid in his investment. Bitcoin has a high risk because of the unstable price and market but you can minimize the risk if you will hold or invest in bitcoin for long term.