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.
Hard to say but if you ask me, the risk in bitcoin if you are gonna invest is that you don't know how will its price go in the future.
Bitcoin price always decreases and it also increases depending on a lot of factors affecting it. To know if this is the right time to buy bitcoin, look at its market trend and see if its price graph is declining, that would be the best time to buy bitcoin when its price is low.