Topic: is it risky to turn all my money to bitcoins? - page 106. (Read 37348 times)
It's an investment so it has a risk. Maybe half of your money or more than that is okay to be alloted on bitcoin but the important thing is you need to have something left in case things are not in your favor or things did not as expected.
Though bitcoin is very volatile and nobody knows how the future of bitcoin is but all of us know that if there is no risk, then there will no gain. Bitcoin has no fixed price and one can invest any amount, and that invest can increase or decrease in value within the matter of days. That's why before investing one should understand on how much money he/she wants to invest and how much he/she will get profit and loss in-case.
too risky. yes its growing now but trends are not constant...
Perfectly it is a risky thing to close all your money in bitcoin. Bitcoin is unstable and if you know what you are writing you will understand the risk you take. And your money can be just staying at the bank and buying at Dip and risking at bitcoin and waiting for it to grow is earning with a very low interest. Bitakayane gain may increase in less time than you expect. The more risks, the more profit you gain but the only investment you can afford.
Yes, it's risky because we don't know the future of bitcoin.
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.
Yes, there is a chance that your money will be risky if you turn your all money to bitcoin because we can't trust everyone here. We need to be careful when we do that, but it's impossible that a one person will change his all money to bitcoin. Bitcoin has a high value you can invest here.
Yes it is, The market is volatile and we never know when will be the price to increase again. It needs a good timing in market price when to buy and sell to earn more profit and that is the beauty of trading, Good predictions and smart strategy.
I think if turning all your money into bitcoin is very risky, maybe it can be a long-term investment for you but what if bitcoin decreased a great price and then you need money for your needs, of course you will incur losses
Yes it is very risky if you turn all your money to bitcoin because as we all know that the price of bitcoin or the value of bitcoin is volatile,sometime the price is high and sometimes the price drop but if you will take the risk and believe in bitcoin then youll get a good result rather than just saving your money in bank and earn only a few interest so why not turn it to bitcoin and wait for a couple of years for its value to increase $15k or higher then convert it into cash then youll see the result,Your effort in waiting will be paid more than what you are expecting in a bank.
Despite the active growth of bitcoin recently, it would not be wise to turn all the cash into bitcoins. We must always take into account the large volatility of the crypto currency and the possibility of a sharp drop in the exchange rate, even with the seemingly stable growth of its rate. It is best to invest in bitkoyn during the fall, and then only free money, leaving some of the money for everyday ordinary expenses.
Agreed, growth has been taking place in a much larger scale. The same doesn't assure profiting, so turning everything into bitcoin is highly risk involved. User who has made a good earning to lead his life, can use a partial amount into the risk of growing it same as the person who did recently selling each and everything including his home and leading his life in a camp looking to get benefited by 2020 or 2022 as target. 
Despite the active growth of bitcoin recently, it would not be wise to turn all the cash into bitcoins. We must always take into account the large volatility of the crypto currency and the possibility of a sharp drop in the exchange rate, even with the seemingly stable growth of its rate. It is best to invest in bitkoyn during the fall, and then only free money, leaving some of the money for everyday ordinary expenses.
It's too risky for you to do that, my friend. You know, the money market is still a baby market, although in high growth, but bitcoin fluctuations are violent, should be all people do not agree with your ideas. Be sure to get ready to invest money, others, it's desirable to invest part of your money in encrypted money, within your own risk range.
Yes because the value of bitcoin is volatile. And in any time, bitcoin has a chance of shutting down and can be overcomed by ethereum.
Nope.
It is not risky at all to buy Bitcoins with all of your money.
Normally I follow the "never put all of your eggs in one basket" rule, but if you think about it Bitcoin is such a great investment that chances are you will never lose all of your money.
It is not risky at all to buy Bitcoins with all of your money.
Normally I follow the "never put all of your eggs in one basket" rule, but if you think about it Bitcoin is such a great investment that chances are you will never lose all of your money.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Everything in this industry has a risk involve, just any form that has an investment it is always have risk whether bitcoin or altcoins actually.
Maybe you could try to small amount of your savings in the bank, then if you see and find out that it is good then its up to you if you want to turn all of your savings into bitcoin.
There are people that sell their houses to buy bitcoin...
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it is a lot riskier than investing it in some companies, because the values of bitcoins are not stable in the market and we cannot even predict when will itbrise and when will it fall. It is like a rollercoaster ride sometimes the value are up and sometimes the value are down. So think twice before you invest in this but the good news is the bitcoins today are on their top of their career so ifnyou invest all your money in this you qill probably have a lot of profit but my advice is do mot invest all pf ut trust me you will need some money in you
If we consider bitcoin in the short term, then of course you can play on the course, but if in the long term then the profit is guaranteed!
now a days people utilize bitcoins on the grounds that cash as money could be excessively dangerous that is the reason individuals utilize bitcoins for their day by day reason so in the event that you need to hand all your cash over bitcoins at that point it's not a terrible thought on the grounds that bitcoins could give you benefit by holding bitcoins for quite a while and its absolutely free of hazard so changing over all cash to bitcoins isn't an awful thought.
Yes it is and i recommend leaving money you need for living outside Bitcoin. It has bigger risks than real life currency so investing your money into Bitcoin is low-key risking losing it.
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