Topic: is it risky to turn all my money to bitcoins? - page 102. (Read 37350 times)
i think go for half BTC and half fiat currency theory, i case BTC dump you need to money to stay, don't take risk every time, i think this time period better investment plan is collecting BTC as we can.
yes it is risky imagine if your btc wallet has been robbed(hacked) you cannot get it back not like in bank where it can it depends on the insurance of the bank..but every investment is a risk and a gamble..if you know how to play it you can earn a lot..every investment do have a drawback..
Of course. What would happen if the bitcoin drop its price to the lowest ? Then you will also lost a lot of money.
Bitcoin is certainly a good investment but at least try to leave a good amount for yourself. Remember that there are time in the past that bitcoin had a major fall that everyone cause to panic then selling it that leads to huge losses.
It's always risky. Investments are risky. You never want to risk your money on just one investment tool. You have to divide it, divide and conqueror 
I think it is risky to turn all your money into Bitcoin. It's up to you how you will take the wise decision. I suggest you to be at safer side
That's very risky. Let me elaborate, BTC market is still very volatile, therefore can suffer a lot of ups and downs. And suppose you need that money, but suddenly the BTC price got down, and you no longer have that same value, you will be at loss there. I thing you should invest some of that money sitting in the bank, and leave another in the bank. This way you will have money in case of need, and you can let your BTC converted money increase in value throughout months!
It is actually risky depositing your money especially in technology like computer or maybe in a website. Actually all of the transaction with ibvolves money is risky. But it depends on you if you trust on it. This will have a big risk if everything you bet for Bitcoin my suggestion better you think first.
That's very risky. Let me elaborate, BTC market is still very volatile, therefore can suffer a lot of ups and downs. And suppose you need that money, but suddenly the BTC price got down, and you no longer have that same value, you will be at loss there. I thing you should invest some of that money sitting in the bank, and leave another in the bank. This way you will have money in case of need, and you can let your BTC converted money increase in value throughout months!
It is actually risky depositing your money especially in technology like computer or maybe in a website. Actually all of the transaction with ibvolves money is risky. But it depends on you if you trust on it. 
risky yes..because in our daily live their is always a risk..even if you put your money in a bank that doesn't mean it is safe..bank may declare bankruptcy..investment may go up or down just like in btc..so investing is all up to you..are you willing to risk it all.
There is a risk associated with any investment, but we need to compared the risk. How much risk is there for bank deposits and United States treasury bonds? There is less than 0.0000001% chance that your investment may become worthless. The problem with Bitcoin is that this percentage is much more.
yes! it is to risky for your money if your bank money stay the same as years goes by, but if you invest it in bitcoin and in the near future the bitcoin value will rise up, the your money will grow, like in the bank your money stay on its own. but if the bitcoin will starting to go down then you should convert your btc investment to real money so that you have less loss to it.
risky yes..because in our daily live their is always a risk..even if you put your money in a bank that doesn't mean it is safe..bank may declare bankruptcy..investment may go up or down just like in btc..so investing is all up to you..are you willing to risk it all.
For someone who is just starting to engage in bitcoin, it sure does. You have to know first the complexity of what you are dealing with. The price of bitcoin is not stable. It has it's ups and downs.
Turning all your money to bitcoin is not a good idea. Worst, if i may say. For starter, invest just a portion of your hard earned money. Fifty percent is somewhat acceptable. Don't you think? But then, prepare yourself to the possibility or the risk that either it's a win or lose situation. You just never know what to expect.
At least you still have the other fifty percent safely hidden in the vault. Be wise.
Turning all your money to bitcoin is not a good idea. Worst, if i may say. For starter, invest just a portion of your hard earned money. Fifty percent is somewhat acceptable. Don't you think? But then, prepare yourself to the possibility or the risk that either it's a win or lose situation. You just never know what to expect.
At least you still have the other fifty percent safely hidden in the vault. Be wise.
Based on how the price of Bitcoin moves in the market, turning all your money into Bitcoin is not risky at all. You will get big profit for sure if you convert all your money to Bitcoin. But before that happens, you will wait for months or even years for your money to multiply because Bitcoin is for long term investment.
Too risky to turn all your money to bitcoin. Unlike in the bank, if the bank is closed you can make a algal action to get all of your money in the bank. But in bitcoin you can't do some action to return all of your investment to in, it sounds scary.
If to speak about all your money YES IT IS. Its a ricky investment and you can hold your money for a long period. So try to use your bankroll right
Yes it is because you need money for your daily expenses, so if you turn it into bitcoin there possibility you loss all your money. So its better to divide it or just half of your money. Atleast you have money when something happen in your bitcoin or in your money.
Whenever you buy something you are risking your money, so yes of course it is risky investing your fiat dollars too bitcoin.
every thing we do is about risk..every time you do something you always take a risk..that is what life is all about risk..you always dont know what will really happen most of the time you only know the certainty of things or possible outcome but that doesn't mean it will go on the way you think it would..so investing or not investing is a risk..but the thing is do we always give a hundred percent on all things..it is in our nature to always have a contingency on every thing because of the risk..so investing all your money or not its all on you..
true, maybe it could also be risky because we've never know the value of bitcoin in the future, something could happen to bitcoin,
If you are not willing to lose it all which id say you are not then yes. It sounds great to say bitcoin in the past has 1x 10x or even 1000x in its past pricing. Thinking with that notion If i put all my money it will do the same but, no one can predicts what it will do at such a high price. Many follow the 10% of wealth in investing you can do more or less but, id follow something in that area if you are serious about putting money into it as an investment.
It is possible that at present the price of bitcoi is increasing and the chance of getting bitcoin is quite high
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