is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Well right now that the value is so high, you can say that turning all of your money can be risky. You can turn it into bitcoin but since the value of bitcoin is volatile, there are some possibilities that it will rise or fall. If you think the value will still keep on rising, then you can turn all your money to bitcoin and wait till the value rises as to what you are expecting which is half possible and not. 
Topic: is it risky to turn all my money to bitcoins? - page 108. (Read 37348 times)
One of the rules of investing - you can not keep all money in one basket. Competently to distribute the asset into several parts, bitcoin, altcoins, Fiat, other investment instruments.
Its always risky to invest all your money. But i think with Bitcoins you have a very small risk. It will rise in the next years, if you ask so many people. But no one knows what will happen. So i would just invest the half of my money in bitcoins.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think yes, in every investment I think you should always have a plan B just in case your plan A didn't go well. Investing all your money is risky because you leave yourself and your investment vulnerable to emergency situations that may lead you to selling your bitcoins prematurely which may also result to cutting losses or wasted time.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think yes, in every investment I think you should always have a plan B just in case your plan A didn't go well. Investing all your money is risky because you leave yourself and your investment vulnerable to emergency situations that may lead you to selling your bitcoins prematurely which may also result to cutting losses or wasted time.
Of course it’s risky. The price can fall deeply in anytime and of course it’s always when we need some fiat 
. You know what we say not putting all your eggs in one basket. You must diversified your portfolio.
A few people say it’s not risky, the btc will increase.
Really, do you have a crystal ball, do you put your life on the line ?
Are you ready to sell your house and put all your money in btc ?
. You know what we say not putting all your eggs in one basket. You must diversified your portfolio. A few people say it’s not risky, the btc will increase.
Really, do you have a crystal ball, do you put your life on the line ?
Are you ready to sell your house and put all your money in btc ?
Not if you trust your strategy, but always try to diversify your portfolio so that you have at least a back up investment whatever happens, trading always bear a risk, but nothing will happen to your money if you just keep it to your wallet.
Everything has it own risk, dont forget that bitcoin is just cryptocurrency which doesnt depends from anything and anyone. At any moment bitcoin can fall till pennies and then all your funds can be lost in some seconds. If you like risking, please why not, and if you want make sure that your money will be in safe place, then you can invest for example in gold or leave your money in bank for getting precents.
Of course there will be a risk. If you want a return, you have to take the risk. There is always a risk. Instead of letting your money sleeps in the bank, it is better to invest it. But I suggest invest just a portion of it. So that you will have a reserve money for emergency purposes.
Bitcoin is future currency. So most of the people use to for the more trancsation process. If need to invest the you will know the Bitcoin prices information then you know the prices information you will invest. I nèed for the information check the market place.
Just with other people it will give some tips and idea.
Of course there will be a risk. If you want a return, you have to take the risk. There is always a risk. Instead of letting your money sleeps in the bank, it is better to invest it. But I suggest invest just a portion of it. So that you will have a reserve money for emergency purposes.
It's not just risky but also not a wise thing to do. The wisest thing would be to have a diversified portfolio. Invest your money in various different coins or businesses for if you lose in one you can cover the losses from other coins or businesses.
it's very true if you turn all your money into bitcoin it is a very wrong decision if it is true how you buy something that can not be paid with bitcoin not it is very difficult for you. at least if you want to make your money into bitcoin make it just a few for example a quarter of your money. too risky if your money made in bitcoin because bitcoin can not be predicted its price. maybe you are tempted by bitcoin prices now but what about the following prices whether it continues to rise or will go down we all do not know.
I think that's not risky at all because it changes it price day by day and even that happened it turn to low price or high price, maybe it goes down for a week but it increase as it goes down for a month and that's how it risky when they put your all money to bitcoin.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Did you really put ALL of your money into bitcoin? If it's right, so how you buy a food for living? Of course it's very risky if we put all of our money and nothing left, but profitable if we just put maybe 10% to 50% of our income for future investment, because bitcoin price always get higher every year and bank cannot do something like that 
Yes it would be risky to turn all your money into bitcoin. This is as simple as asking if greed is good? Bitcoin has a really high price now however you will never be sure on when the price would fluctuate and stay there forever. Bitcoin is somewhat a gamble and there would always be a risk of losing your money. From what I do, i invest a portion of my money on an investment which is bitcoin and if it turns out to be a success, I'll leave it there and find another thing to invest. So to answer your question, yes it is very risky.
Of course it is. You should have at least save some so that you can still use them on any way you want.
I think there is not any risk to put all of my money in bitcoin. Because nowadays all of my money are in bitcoin and I am much happy with that because I am earning the profit with all of my money and there is no any risk for my money in bitcoin. is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is risky to invest all your money in bitcoin, what if bitcoin gone? then all your money is gone too. Just invest your money but not ALL.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
That depends. When you just want to buy bitcoin, that's the where the risk starts. You must first know when to buy bitcoin, and that is when the price is a bit cheaper. Before you decide onto something, you must study everything first, whether there is something you must do or is it alright to just leave it stagnant. Once you have bought bitcoin at a cheaper price, you now need to decide if you want to just leave it or trade it to earn.
there is no guarantee to convert your money to bitcoin, like you can loose your wallet or the price fall down, no guarantee like offered by banks with paper money, just use them for trading and profit gain
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes its risky if you put all your money to bitcoins. You didnt know if will your investment is successful or failed but if you know what you are doing and you have a trust to the person or investing site that you invest your money then go for it. You will become successful if you can handle your money or how you can handle the strategy you have to make it grow or have some profit.
let say that you have try it then this was just been successful so i think that may be the time that you can now transfer all of your money in bitcoin because it was been tested that you can have profit but if this may not been tested and you are not convinced then take more time to think if you may do that or not.
Of course it is. You should have at least save some so that you can still use them on any way you want.
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