Topic: is it risky to turn all my money to bitcoins? - page 118. (Read 37348 times)
of course it's stupid. smart people who are good at finances always have their assets in different currencies and property, bcz you never know what gonna happen next
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it is, although bitcoin is a good investment, there's no assurance since bitcoin price is volatile, it could go down to thousands of dollars in just a short span of time. Same goes with increasing, bitcoin price can go up fast in just a short span of time. Just invest the amount of money that you can afford to lose, so that you will not regret investing 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 especially when you really need money. as you said earlier you will put all your money. How do I have an emergency? You do not have any bank deposits. And yet the Bitcoins price has fallen. You're going to make sure you're really going to get rid of your bitcoins even if you lose the price.
Tho Bitcoin has a huge demand and a lot of worth still there is a lot of risk to invest all the money in Bitcoin . Being a crypto currency it can fall anytime and and rise anyway. I will always recommend everyone to invest a bit of money in Bitcoin but investing in large quantities in really a headache
I certainly do not recommend buying Bitcoin in large quantities, because I've experienced it, it has negatively impacted my social life, so I started to stress. Stress is very damaging to human life .
It's almost impossible to buy bitcoins and don't get worried and stressed by those fluctuations, rumors and forks. Besides that, you could get a little paranoid with the security. So, i agree with you, invest large amounts can be harmful to your emotional stability
I agree that if you buy a lot of bitcoins you will be stressed because you have spended a lot of money in it so of course you are afraid to lose it. I would be too afraid to lose my money.
You will look like a zombie if you have invested a lot in it.
yes it is risky. I think you should invest some of your money but not all of your money because bitcoin is moving slowly towards its target and it will be a long term run not quickly so save some money for other investments.
Yes, of course. One of the key concepts in investing is called diversification, which is used to reduce risk in the portfolio (in an efficient manner, smart diversification aims to maximize the potential return, given the amount of risk you can accept).
I think everything is (at least a bit) risky in crypto. 
That's very risky. Let me elaborate, BTC market is still very volatile, therefore can suffer a lot of ups and downs. And suppose you need that money, but suddenly the BTC price got down, and you no longer have that same value, you will be at loss there. I thing you should invest some of that money sitting in the bank, and leave another in the bank. This way you will have money in case of need, and you can let your BTC converted money increase in value throughout months!
Yes it is very risky to invest here in bitcoin but if youll choose an ICO that you think is trusted dont hesitate to invest because it is really good to invest here in bitcoin because as you can see the price of bitcoin as of now it is really rising and reaching the high amount that is very interesting. Probably a good investment, but you can make it safer.
Spread your money to another coins just in case or some other investment.
Not all in in one go.
Yes investing your money in different coins is good it will give you good profit in long term. investing in bitcoins need big investment that many people can't afford. Spread your money to another coins just in case or some other investment.
Not all in in one go.
It is risky. But, what is your expectation about your money? You want them to sit there and lose value? If you are always afraid of taking a risk then you will never make anything good for yourself. Also depends if you have a stable income or not. If you have a stable income and some savings aside, it can be safe to convert part or even all of your savings into bitcoins.
I certainly do not recommend buying Bitcoin in large quantities, because I've experienced it, it has negatively impacted my social life, so I started to stress. Stress is very damaging to human life .
It's almost impossible to buy bitcoins and don't get worried and stressed by those fluctuations, rumors and forks. Besides that, you could get a little paranoid with the security. So, i agree with you, invest large amounts can be harmful to your emotional stability
Probably a good investment, but you can make it safer.
Spread your money to another coins just in case or some other investment.
Not all in in one go.
Spread your money to another coins just in case or some other investment.
Not all in in one go.
I certainly do not recommend buying Bitcoin in large quantities, because I've experienced it, it has negatively impacted my social life, so I started to stress. Stress is very damaging to human life .
Bitcoins is not increasing within just a month. It take years for you to get large amount of profit. Just work on bounty campaigns while waiting for you coins to increase its value, In that way you can still earn profit monthly from advertising the platform of ico's.
I certainly do not recommend buying Bitcoin in large quantities, because I've experienced it, it has negatively impacted my social life, so I started to stress. Stress is very damaging to human life .
yes it's war betwen Bitcoin and Bitcoincash https://www.interactivecrypto.com/bitcoin-bitcoin-cash-will-win/
Yes, a volatile currency that may fail at any time. Then, you will be screwed, your assets turned into worthless cryptocurrency. You should put a bit into btc, but not ALL of it in their.
Knowledge is the key to the success and this is the reason why all the people are having the bitcoin income and the profit, if you want to earn the high income of the best profit you must have the good income and the huge investment I can say the future of the bitcoin is bright because almost all the people are buying and selling the bitcoin I hope the coming time will be the time of the bitcoin.
If you are a hodler then its not a problem I can assure you. But if you are a patient of high blood pressure then dont do that. 
yes its very risky i thinl you need to do is half of your money turn to bitcoin so that you have some money to save
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Its very risky if you turn all your money in bitcoin because the price of it is not stable so that it may lead to lossing money. Furthermore, you have trust in bitcoin you may turn all your money into bitcoin and I do believe that having a lot of bitcoin is an opportunity to become rich. Jump to: