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.
Well, every investment does have some risk but I think bitcoin has developed itself over time and it is just going north from here in the long term. And Each and every trade got a risk factor. But I think the bitcoin is still a new concept to some parts of the world. That is, it has a room for growing. So you can always expect a good return. But it can go down in price for a short term of period. If you can control that panic situation then you will get a good profit.