Hi and thanks for stopping by the forum. Anytime is a good time to buy Bitcoin. Also you maybe want to buy some Bitcoin Cash.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.
A lot of risk. A LOT. More than any other asset class.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.
Someone just posted a fantastic article summarizing the current uncertain state of Bitcoin and gives some advice on how to invest in the situation as safely as possible. There was a time when I'd tell anyone who asked to invest in Bitcoin without caveat, but now I would definitely explain why things are very risky right now by directing them to articles like these.I just wanted to know that, what amount of risk is there in investing in bitcoins.
Bitconnect is literally a ponzi scheme. Don't shill your scam coin here.Some risk needs to be taken, as nothing can be straight forward. But it is obvious that some calculation too required to be made. There are many Cryptos that one can look at and feel secure like BTC and ETH, as their value mostly go up or remains steady, but the high value makes them very tough investment. So, that is why we need to be good in with alternatives and for me, it is Bitconnect that is the safest bet! Especially with their Staking option where we can get up to 120% returns through PoS minting. So basically just holding up their Coins is highly rewarding!
I agree! but each have their own risk. My personal opinion really forex trading is a bit more complicated than bitcoin mining, so having an experience on these will be an advantage. What makes the forex market unique is the lack of a central marketplace and is available 24 hours a day, five and a half days a week.lol do you ever know about FOREX ? forex is more high risk then bitcoin cloud mining... if you have an experience with FOREX, you will no have problem to invest in bitcoin cloud mining
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