Topic: is it risky to turn all my money to bitcoins? - page 113. (Read 37348 times)
Yes because btc is volatile money and the price is go up or go down and it is risky because sometimes scammers are just waiting a chance to hack your account.. And you already know the risk in entering such a platform you desire to come up.
Yes, that would be risky and you shouldn't put all of your eggs in one basket. You should also pick up other cryptocurrencies like Ethereum or Ripple if your investing in Bitcoin.
Expected answer is apparently yes, it is risky to convert all money into bitcoin, by cryptocurrency you can't buy everything in the world, it's known truth to all that bitcoin is volatile, so better not to turn all money into bitcoin.
Of course, because bitcoin's price volatility is relatively large, if you choose to invest all your money, you will see the price volatility and can not help but sell bitcoin. You may lose money, so I do not recommend that you invest all the money, you can vote for a small part of the money. Long-term investment bitcoin.
I see that this is revolutionary garbage, and now any person who starts dealing with crypto currency can make good money and this is reality) I know many people who have already made a fortune on the crypto currency! Psychologically it is difficult and I do not think that everyone should immediately go to crypto currency from offline projects! Gradually or in part the answer is unambiguous - yes!
that's very risky, if you want to invest in bitcoin, you have to use money that will not be hastily use, so you do not panic to sell it when the price of bitcoin fall,
That's right you will surely face big risk when you put all your money into one investment. Learn how to diversify your assets so you can make sure that no matter what happen you will earn money. Bitcoin is everything for me, but you have to more careful when choosing investment.
I think it is quite risky, though investment and trust, but you should not put all eggs and a single
You can split them up into two to three times for different portfolios
You can split them up into two to three times for different portfolios
I think you are very passionate if you invest all the money you have in bitcoin, because with the condition of the very fluctuating bitcoin price this makes bitcoin very risky. So if you want to invest all your money in bitcoin I think is not the right thing
It will never be the right thing to do, to invest all of what you have to bitcoin. Yes bitcoin is legit, and can be a trusted investment for nowadays but to put all as in all of what you have onto it is very risky. The moment you decide to put it all is also the moment you need to be ready frmor the consequences of doing it. And the losses be ready for it. 
Investing all money at single place will always an huge risk as the future of bitcoins is still unpredictable and anything can happen in future and there is also an chance that bitcoin will get replaced by some other innovative currency in future and if that happens then you will be loosing all your money at once and there wouldn't be any way to recover your loss so to minimize the risk its always good to diversify your investments in multiple products.
I think, it is very risky to turn all my money to bitcoin because bitcoin is not that much trustworthy. It can collapse easily. You should also have dolar and other cryptos like ethereum.
Risk and profit if you make your money to Bitcoin because of unstable price. 
It sounds like you're freaky. You shouldn't put all eggs in the one basket. This rule is right for everything in our world!
Even if you believe in future of cryptocurrencies, you shouldn't invest all your money. Think about risk you can take on yourselve and than create your own investment strategy. Like 20% — deposit, 30% - crypto, 10 % - bonds and stocks, etc.
Even if you believe in future of cryptocurrencies, you shouldn't invest all your money. Think about risk you can take on yourselve and than create your own investment strategy. Like 20% — deposit, 30% - crypto, 10 % - bonds and stocks, etc.
It's definitely better to put them all on BTC instead on alts, but still there's always a risk involved.If I were you i'd put all of the money I can invest into Vanguard stocks and forget about them, but if you mean all, like ALL the money you have, then it's definitely a bad decision to invest them all in BTC. 
If you're believeing in bitcoin and knows a lot about it, there's no doubts to make invest on it for a long-term conditions. So that for the years past by , your money will growth as well done in 2x or more base of how much money did you invest on it. But speaking of altcoins, it's all about short investment and you must search first before take a,decision which alts do you want to invest because nowadays there's a lot scams so beware of that. 
It's definitely better to put them all on BTC instead on alts, but still there's always a risk involved.If I were you i'd put all of the money I can invest into Vanguard stocks and forget about them, but if you mean all, like ALL the money you have, then it's definitely a bad decision to invest them all in BTC.
Yes, it's risky. With bitcoin not all days are good for withdrawal. In case of urgent need of money you may sell with loss.
Very risky, very volatile, but a really good bet
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
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.
yes of course it's risky to turn all your money into bitcoin , bitcoin market is still very volatile we do know that Bitcoin is capable of volatility in the price form of 10x changes in price versus the U.S. dollar .
I suggest that not all of your money is converted into bitcoin because it is still a legitimate transaction in every country by using paper money. However, if in your country there are facilities such as bitcoin ATM may be the risk will not be too influential on you. However, there are still few countries that facilitate the community to switch to using bitcoin as a means of transaction. Turning all your money into bitcoin is not the solution for now because not all real deals can be done with bitcoin.
It doesn't make sense to invest all your savings in a certain way. It's the oldest rule in the book: Diversify and distribute your risk.
Yes it is risky to convert all your money to bitcoin because it is not still accepted as a currency. Besides, bitcoin is unstable. What you convert may not be the same value as it was before. But you can actually try investing if you want and if you're the risk-taker type of person,it's business after all. It is for you to decide. If you think it's profitable then give it a go.
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