Topic: is it risky to turn all my money to bitcoins? - page 103. (Read 37350 times)
It is very risky. But for others, that is what makes bitcoin so interesting; it's being unpredictable. You can make you one time big time or the other way around. But turning all your money into bitcoins, seems not wise because we're not sure about the future of bitcoin prices.
When turning your money into a bitcoin, well we have to be patient, because we need to hold our Bitcoin. it has no worries at all when you finally decide for yourself. Trading in bitcoin is different than buying and holding. when we are trading Bitcoins, it means we need to buy it in a low price and then sell it at a higher price in a short time. We need more knowledge and practice to become successful in trading.
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
For me its yes too, since bitcoin is not yet fully implemented and still in the stage of development then turning all your money to bitcoin is like you gamble the situation. So its better to invest bitcoin and save the other to bank for safety purposes, and in times of emergency it is still better to have an on hand money or a quick money to be withdraw.
It is very risky as an invetor do not put all eggs in one basket, because the crypto market is volatile if bitcoin decreases you might loose more of your investment, but if you know how to play the game of trading you can tolerate the risks you will encounter..
Very crowded. BTC market is still very volatile, therefore can experience many ups and downs. suppose you need money but suddenly BTC price down, and you no longer have the same value, you will lose there. You must invest some of the money in the bank, and leave the other bank. This way you will have money if needed.
i think is not a risky to turn all my money to bitcoin .. bcos i dont have any kind of money to spend
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
If you can afford to loose all your money there is no problem to turn all your money in bitcoin.Atleast you need to be aware of the risk that is coming,bitcoin is pump and dump and we do not know the price of it ,it always flactuates but it is better to invest in bitcoin because its safe and secured cryptocurrency.
Bitcoin have it ups and down in market. If you want to invest all your money for bitcoin make sure that you are aware of the risk. But if i were you i will not take all my money into bitcoin its better to be safe rather than to regret.
Not at all. Well not all your money but if you can afford it you should do it cuz bitcoin keeps rising. You wont lose but just win more.
I think it would be very risky if you change all your money into bitcoin, because everything there must be a risk that we must think about later.
And do not let you take a stupid risk, because the value of bitcoin prices that are not always setabil sometimes up sometimes down because of the ups and downs, and for example you again need money but suddenly bitcoin prices are decreasing and you do not have the same value then you will lose.
so I'd better suggest that you put half your money into investing in bitcoin and then half of you make a different business then in this way you will have money when you need it.
You can let the exchange rate of your bitcoin to be invested in the long run to get more great profits later.
And do not let you take a stupid risk, because the value of bitcoin prices that are not always setabil sometimes up sometimes down because of the ups and downs, and for example you again need money but suddenly bitcoin prices are decreasing and you do not have the same value then you will lose.
so I'd better suggest that you put half your money into investing in bitcoin and then half of you make a different business then in this way you will have money when you need it.
You can let the exchange rate of your bitcoin to be invested in the long run to get more great profits later.
I do not think that is an appropriate decision, since bitcoin has for some time ceased to be a suitable currency to carry out our ordinary transactions to become solely and exclusively an asset recommended for long-term investment, a store of value.
Therefore I think it is advisable that you invest some part of your capital in bitcoins as an investment, but as daily currency there are other faster and cheaper options in the altcoin market.
Therefore I think it is advisable that you invest some part of your capital in bitcoins as an investment, but as daily currency there are other faster and cheaper options in the altcoin market.
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
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
dude I think of it to and have to stop myself. It's not as bad as putting it all on 5 red but it's close. 
It's just an extremely risky investment. But the risk / reward ratio is acceptable in principle. Having risked everything, you can become very rich.
certainly risky you should know what will happen if your money all you make into bitcoin. you know the bitcoin price is not fixed sometimes up sometimes down. if you keep insisting on changing your money to bitcoin you have to be ready to accept what will happen in the future.
Do u see bitcoin 5 day after has 8000 - 8500 $ Today almost 10000$ ?
it may be risky it may be not, but i recommend you not to, you never know what could happen
As with any investment, it's risky. I wouldn't put all my eggs in one basket though.
Yes, it's risky because the Bitcoin price is not fixed and it is not necessary that every time you will earn profits only.Some times you have to face loss also.So don't turn all your money into it.Keep some with you so that you are never short of money whenever neccessary.
Going all with bitcoin is extremely risky even it rises like crazy. You should have some fiat Money in your pocket as usd or usdt. This way, you don't miss cheap buy chances as well.
are u really going to buy btc for all money u have? lol
it's risky anyway, though I think the price will grow up but u should control yaself and always have plan b for evacuation from a situation. dont take a part with all in. yet.
it's risky anyway, though I think the price will grow up but u should control yaself and always have plan b for evacuation from a situation. dont take a part with all in. yet.
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