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.
Probably the biggest risk to the future success of Bitcoin as both a currency and as an investment class is regulatory risk. If China, for example, decides to ban its citizens from holding bitcoin, the price of the digital currency would crash. China is by far the largest market for bitcoin trading, with over 90 percent of trading occurring in the Peoples Republic. Hence, any negative regulatory changes would have a direct impact on the worlds bitcoin investment.