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.
If you can hold your Bitcoin so you have no risk. If you hold you Bitcoin so obviously you will make a huge profit on it. But you have some risk in your wallet. If your wallet isn't high secure so you can lose your assets. So have to care about your Wallet.
Even if you hold bitcoin, there is a risk exists. This is very similar to the conventional investment. Without risk, you can't have profit from the market. That's why th risk is the brother of the profit.