At this point in time I would not say it is risky since it has reached an all time high of $10069 now or higher.
Haven't checked the price for a few hours now but it does seem to be erratic at a point of being unstable.
Topic: is it risky to turn all my money to bitcoins? - page 104. (Read 37348 times)
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.
I would not put all my money in to BTC, I find it very risky but on the other hand if you want to earn lots of money at a time you have to take the risk...
Even if BTC wasn't as volatile as it is, it's still INCREDIBLY risky to invest all your money in any one place.
When you invest in a retirement fund, or stocks, or anything the advice you will hear over and over and over is DIVERSIFY!
Don't put all your money in once place, all your eggs in one basket, or all your armies on the western front. Just don't.
yes it will be risky to turn your all money to bitcoin because sometime the price of bitcoin is going up and down, but not a big risk to lose all money, so you can invest in bitcoin . When you invest in a retirement fund, or stocks, or anything the advice you will hear over and over and over is DIVERSIFY!
Don't put all your money in once place, all your eggs in one basket, or all your armies on the western front. Just don't.
Even if BTC wasn't as volatile as it is, it's still INCREDIBLY risky to invest all your money in any one place.
When you invest in a retirement fund, or stocks, or anything the advice you will hear over and over and over is DIVERSIFY!
Don't put all your money in once place, all your eggs in one basket, or all your armies on the western front. Just don't.
When you invest in a retirement fund, or stocks, or anything the advice you will hear over and over and over is DIVERSIFY!
Don't put all your money in once place, all your eggs in one basket, or all your armies on the western front. Just don't.
That's is risky because BTC market is still very volatile and bitcoin price value up and down in online market because bitcoin a digital currency it's is not unstable. and suppose you need that money, but suddenly BTC price got down, and you no longer have that same value, you will be loss there.
Ofcourse No!! Bitcoin has been very volatile and it crashed spectacularly not so long ago. I think having some bitcoin is a good idea but putting all your money is definitely not the way to go. Other crytocurrencies are developing and they may be useful in decreasing the transaction cost and sending money where it is not accessible. Just use money that you are comfort to lost so that in the end you wouldn't regret
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Lol... this thread was posted when the exchange rates were going at around $4,300 per coin. They have increased by close to 125% since then. If the OP had purchased BTC as he posted, then he would be a millionaire now.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Lol... this thread was posted when the exchange rates were going at around $4,300 per coin. They have increased by close to 125% since then. If the OP had purchased BTC as he posted, then he would be a millionaire now.
No it is not risky at all. Putting all your money in investment is a good thing that you should consider. It is great opportunity since that value of bitcoin increases as the time goes by. Investing your money is a wise choice to secure your future.
It's not just risky but also not a wise thing to do. The wisest thing would be to have a diversified portfolio.
yes of course! 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. keep some cash on your pocket for your everyday needs and other you can secure on banks . but its up to you men its your choice i hope that you will not repent later what have you done. but i suggest you don't get risky its a bad idea
Entering in an investment is a wise choice, especially in bitcoins. The continuous development happen in their company and management gives then a wonderful outcome.
The value of bitcoin increase because the high demand from it. Its a better opportunity that you should consider because of a high return of investment in just short period of time. Putting your all money in bitcoin is not a risk, it's a wise choice that you should do to ensure and secure your bright future. Aside from this you can avoid the effect of inflation in our country and earn passive income with full security.
The value of bitcoin increase because the high demand from it. Its a better opportunity that you should consider because of a high return of investment in just short period of time. Putting your all money in bitcoin is not a risk, it's a wise choice that you should do to ensure and secure your bright future. Aside from this you can avoid the effect of inflation in our country and earn passive income with full security.
Although bitcoin is growing and popular, its price is rising so I can not turn all my money into bitcoin. I can not risk investing a lot of money on it because my government will prohibit bitcoin operations, investing all my money into bitcoin. I risk losing it all.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes, making all your money into bitcoins is too much risky. Since bitcoin is secured. There is a possibility that you lose all you bitcoins in your wallet. That is why you should only keep bitcoins you that you can afford to lose. 
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it may be a bit risky. Because bitcoin is very unstable. But lately bitcoin has increased rapidly. of course you are tempted to change all your money into bitcoin and invest. But stay cautious and do not be eager to invest all your money.
It's not just risky but also not a wise thing to do. The wisest thing would be to have a diversified portfolio.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Bitcoin is an investment, it is good because it shows transparency about its price, but not all investments are successful especially at bitcoin it still have 50/50 chance of success. Bitcoins value now is soaring high but for how long? that is why bitcoin is risky no one can tell what exactly is going to happen If I where you I will put only the money that I'm not afraid to lose and I will use the remaining for small business to make a passive income. 
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
i think it is. it is always better to keep your savings in several currencies (not only cryptocurrencies)
Indeed your are right. Putting in one cryptocurrency will eventually putting your assets at risk. But by dividing it into different Altcoins is safer whenever one Altcoin is dropped then your other investment will stay and even more increasing.
Yes it is a risk hovwever as high risk more profits. I think every body know about the guy who sod all his owns and bought bitcoins. It was a risk -but kniw he made at least x2.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
i think it is. it is always better to keep your savings in several currencies (not only cryptocurrencies)
Indeed your are right. Putting in one cryptocurrency will eventually putting your assets at risk. But by dividing it into different Altcoins is safer whenever one Altcoin is dropped then your other investment will stay and even more increasing.
I am planning to put about 1,500 USD in BTC as soon as possible )
You'll be able to get good profits in the future because Bitcoin no matter how small is your investment amount you still be able to gain in the future.
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