Topic: is it risky to turn all my money to bitcoins? - page 110. (Read 37348 times)
All investments have risk. Don't pull all your money because bitcoin is still considered as a volatile investment. Its better to separate your investments in different kind of business like banks or buy a property which also have a secure return of investment.
Of course, investing all your money in BTC is a high risk.
We see the large fluctuations in the price when bad news becomes known.
No one knows what governments around the world are still coming up with to regulate or combat the BTC.
We saw from the discussions about Segwit 2x that dangers could lurk here as well.
Who knows what future hard forks can still follow?
Although the BTC offers very good opportunities for making profits and protecting capital, there are also many risks.
We see the large fluctuations in the price when bad news becomes known.
No one knows what governments around the world are still coming up with to regulate or combat the BTC.
We saw from the discussions about Segwit 2x that dangers could lurk here as well.
Who knows what future hard forks can still follow?
Although the BTC offers very good opportunities for making profits and protecting capital, there are also many risks.
Bitcoin has been increasing over time, but we do also see dips. And if people where to invest all their money, they would not only have high transaction costs when buying stuff. They also carry the risk that they might need some of the money during a dip. There is no such thing as no risk and high reward. Besides there is always risks that government would make rules that would impact the value negatively. That goes for any business in the world.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Quite risky. Like whats happening atm. You might've gone crazy over this drama. it is still better that you have something to pull out when everything goes sideways.
No its not, But do not spend all your money investing in bitcoins because there might be a chance anytime that it might shutdown but as of today the value of bitcoins is very high and those who invest earlier will really earn more profit.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I will not put all my money in one place because it is very risky if you lose, better put in some other place too so if you lose, you do not lose all your money because still have money in some other place
Just put some money that you can afford to lose dont go all in, but what I believe bitcoin could reach $10k soon
If you want to do that, please make sure you have read my step-by-step guide to the coming crash: https://bitcointalksearch.org/topic/step-by-step-guide-to-know-when-to-invest-2430783
As far as I know, in life we don’t need to give everything we have. We always need to set aside for our own. It is good to turn money in bitcoins because this is a good investment. However, if you will turn all your money to bitcoin, you will be in fear that I might be gone or lost. For you to be at peace, it is better to invest money that if get lost or gone you can still stand up and continue to live a good life.
Yes it is risky, more so if you say "all your money". Don't forget cryptocurrencies are much volatile that stocks or bonds, it could go up in a matter of minutes or hours and it could also extremely crash. Also because of it's value and popularity now scammers and hackers are trying to get in the accounts of investors to hack some exchanges. So it is unwise to turn all your money to bitcoins.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Of course! All investments are risky but it's better to plave it on something rather than keep it on the bank doing nothing. Use to your advantage. It's your money to begin with. Invest them on bitcoins and make a lot of money out of it. Just buy at the most optimum price (the lowest) to maximize profits.
yes, due to the anonymity of bitcoin and uncontrolled crime, criminals can use this currency as a trading method. Hackers may be trying to attack multiple bitcoins to steal large amounts of money and money laundering can happen easily.
Yes of course.Have you ever heard "Never ever put all eggs on one basket". Think about that,If BTC got rose you need to be worry be happy.But what if after you invest bitcoin go down.Day buy day you falling down as bitcoin.You might get even crazy bcz your all money in there.I advice for you is don't invest all your money on BTC.Invest that you can recover if it falls.Like 20%.
In my opinion, it's very risky to turn all your money into bitcoin and also not a very wise choice. Bitcoin is always unstable. The price fluctuation is so much that it is like a rollercoaster ride. So you will never know when you can experience huge losses in it.
Also when bitcoin begins to become very popular and decentralized, governments begin to look for ways to control it and when they can not, they either accept it or ban it. But its volatile nature makes a big risk to our savings that are the money we earn.
Also when bitcoin begins to become very popular and decentralized, governments begin to look for ways to control it and when they can not, they either accept it or ban it. But its volatile nature makes a big risk to our savings that are the money we earn.
I think it would be based there for total 100%. 70% risk free and 30% for risky because you put your money all in bitcoin you also get my bigger price increase.
Of course it's risky. The crypto market is one of the most dangerous sectors of all finance. Even bitcoin that is deemed to be a solid value is risky... So making an all-in in is totally stupid, yeah. You need to improve your money management and diversify your investments. It's the only way not to go bankrupt if there's a problem
I don't think so, we're not just talking here about crypto market, we're talking about bitcoin, the most amazing coin living here in the cryptocurrency world. Turning your money, all of your money to bitcoin is a very nice idea to do so far, investing your money on it won't give you any regrets in the end, in fact, it will just give you huge profits in the long run.
Of course it's risky. The crypto market is one of the most dangerous sectors of all finance. Even bitcoin that is deemed to be a solid value is risky... So making an all-in in is totally stupid, yeah. You need to improve your money management and diversify your investments. It's the only way not to go bankrupt if there's a problem
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.
because in my opinion, the bitcoin is like a stable gold price.
and enable us to invest well for the future
The winning strategy would clearly be to invest in several currencies and not to touch for several years, there could be some nice surprises.
ya,its very risky, banks provide you with interest no matter how slow is growth of your money is ,your money is safe and you can use them anytime and anyplace you want both physically and through online payments,on other hand bitcoin value is volatile and keeps on changing ,it can give you great profits from the amount you bought bitcoin ,but it can also decrease from the value you bought bitcoin,so create a balance and invest a little in bitcoin.
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