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.
For me just like any businesses the bitcoins are very risky because it involves money and the thing in bitcoins is that you do not know if the price eill go down or up but if you are long enough in this business you will notice that there are patterns in the prices that the bitcoins are ranking in the market. It always depends in the bitcoins users around the eorld in ehat will be the value of bitcoins