is it risky to turn all my money to bitcoins? - page 100.

Batang Hambog

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Quote from: terrific on October 05, 2017, 05:20:39 AM

Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes, it's risky to turn all your money into bitcoin. Bitcoin is volatile and if you know what you are entering you understand the risk that you'll be taking. And if your money is just staying in the bank and earning with a very low interest better to take the risk in bitcoin by buying at dip and wait for it to grow. The profit in bitcoin may grow in lesser time than your expectation. More risk, more profit but invest only what you afford to lose.

Bitcoin is really a risky job or a business because theres so many people that doing scamming by their own greediness and that the way why im too afraid baout investing here.

promosn

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certainly, it is!
But maybe the best idea you ever had.
To be honest theonly thing stoping me from that is knowing I would have been in much more profit if I had done earlier, it's a vicioud cycle..

maybe try with a percentage of your money so you don't gamble all..

youdacapt

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GOD is TRUE

Quote from: LynielZbl on November 29, 2017, 11:46:52 AM

Yes, very risky to invest or buy to a Bitcoin, because you do not know when the BTC price will go up or down. But that's really the truth, if you want to pursue life, you really need to take a risk. As it is now, BTC's value is very high, it is not good for us to buy a bitcoin because it is too expensive, it may crash suddenly and we lose too much. So before we invest, let's first plan for our money and our time are not be wasted.

it will not apply to traders who already understand the market fluctuations, not only in bitcoin, this pattern also applies to forex and many other liquid markets, all possible fluctuations can be solved quickly as long as we keep updated with the latest conditions, there is still a limit of correction, so there is still time for the holder to make important decisions.

You shouldn't invest it all for your own good because all investments in this world have a balanced risk with income.

QuartzMen

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No, is it a wise choice that you invest your money in bitcoin, because they can assure that your money is in the good hands. They can provide you a high return of investment in just short period of time because of the continues growth happen in the value of bitcoin in the market.

LynielZbl

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Yes, very risky to invest or buy to a Bitcoin, because you do not know when the BTC price will go up or down. But that's really the truth, if you want to pursue life, you really need to take a risk. As it is now, BTC's value is very high, it is not good for us to buy a bitcoin because it is too expensive, it may crash suddenly and we lose too much. So before we invest, let's first plan for our money and our time are not be wasted.

cramcram21

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★777Coin.com★ Fun BTC Casino!

Everything has it's own risk it is up to you if you could take the risk of it,
I think the only risky part in bitcoin along its price that keeps fluctuating is the bitcoin wallet if you couldn't keep your own wallet safe.

ken0203

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it is too risky of you'll turn all your money in to the bitcoins .if you do that what are you used for your everyday needs now? its good to turn your money in to bitcoin but take note all the that's much you've done was a negative effect or have a bad effect.

xlaalx87

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Can I meet some people specialized in trading crypto for a new project ? I have some good traders by my side - Mihai Sorin Popescu - Search Google - it was the best trader in the world. I have some ideas to create a website for investments. Please contact me !

mindfly09

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It depends on you, i think this is a good idea to turn all your money into bitcoin and its no risky. Today is a best time, Because bitcoin price is good and to the future it is still increasing. I think on the future bitcoin price become higher and we can earn good profit. Its good that turn all your money into bitcoin because now bitcoin is the best investment and popular currency. You don't need to worry that's a possibility that there is a big chance to double your money.

Creating N Action

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It's better to turn some amounts of our money to bitcoin because we all know that the value of bitcoin is increasing day by day. By now bitcoin is a good investment to increase and get the higher income from your money. When you don't get all your money in your bitcoin wallet and don't turning into bitcoin you cannot realized the growth of your money. That's why we need to procure nowadays on how to hold and to grow up our money in our wallet.I think it is risky to turn all money to bitcoins but it defend on the person and how much moeny he/she have.That's why we need to check our bitcoin day by day to make it safe anytime or have an update whenever you do bitcoin.

yusupjatigumilar

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All decisions must have risks included in the bitcoin investment world, it's back to us, the extent to which we can take advantage of opportunities and turn risk into a potential opportunity to generate as much profit as possible, Do not be afraid of the risk if we want to get a satisfactory result,

ardhigalau

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

If you compare it with your silent money in the bank, better invest 30% - 40% of your money to buy bitcoin. Let money work for you, not you who work for money.

rehydrogenated

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How could turning all your real money into bitcoin possibly be risky? J/K

Risk = Reward. The reason bitcoin is rising so fast is precisely because of how risky it is. Imagine you make a million dollars in bitcoin and then suddenly someone hacks your account or the exchange goes out of business and steals it all. That doesn't happen at the bank. If the economy of Japan takes hit you will see bitcoin drop like a rock. There are very real risks with bitcoin, including the fact that PoW stops no one knows how to continue to value bitcoin. It's very much a gamble.

Nevertheless if you are only earning <2% on your savings maybe you should put 5% of your saving into bitcoin. You may earn more than you would earn in the bank from that small investment. And if bitcoin drops 50% then at least you only lost 2.5% of your saving and your wife won't divorce you.

xlaalx87

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Hello,
Yes, it's very risky to turn all your money into BTC. Anyway that depends on how much money you have, my suggestion is to split the money ( if you have many ) and spend them on alternate coins. Just start with low value coins investment ( value under 0$ and up to $1000 ). I will also suggest to take a risk with MLM bussines. Everyone fears a MLM but as we all know at the beginning they all return profits, so my ideea is to invest on medium term, recover my investment and then let the profit work. I have a lot of ideas but no one can guarantee that you will become millionaire.

markleal

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Hi there jonathan6655321! If you mean all is that mean you will left nothing in your bank account, I hope it is not what you mean. Most bank give interest rate depending in the type of account you are into. I think there are banks that provide 3% interest rate if you will not withdraw it in several months or years. However, investing bitcoins could provide you much better returns and the 3% in a bank for several months could be one day in bitcoins market. However, the risk is still there like company declaring bankruptcy and hacking. Nevertheless, it is better to leave a half in a bank for emergency purposes. Wink

daenarys_stormborn

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

yes I think it is very risky, because you should not invest all your money into bitcoin, because bitcoin is very fluctuating, and uncertain. and usually people will panic sell if they invest all the money.

sagipl

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In my opinion, don't convert all your money into bitcoin. but yeah you can turn some amount into bitcoin as an investment, cause, as we know now bitcoin value, is increasing day by day and many of Cryptocurrency app development project is going on in the market. More people are joining blockchains technology. I wish i can buy one bitcoin Grin

heureca

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Quote from: reynilynedago on November 29, 2017, 07:59:17 AM

Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Its up to ypu but turn all your money in bitcoin is not bad because bitcoin is a good investment so if you invest your all money un bitcoin you will get more money in the future just be patient and believe in bitcoins.

It is better to have portfolio with different criptocurrencies: 50% BTC, 25% ETH and 25% for altcoins like NEO, STRAT, ETC

reynilynedago

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Its up to ypu but turn all your money in bitcoin is not bad because bitcoin is a good investment so if you invest your all money un bitcoin you will get more money in the future just be patient and believe in bitcoins.

humanvelocity

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Yes it is risky there are lot of people who lost a lot of money in Bitcoin without knowing the right time to invest and sell. If you are confident and you know what your doing you can end up rich.

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