Topic: is it risky to turn all my money to bitcoins? - page 126. (Read 37348 times)
Yes it is very risky to turn all your money to bitcoins. Despite the high price nowadays but bitcoin's price still volatile, and can going down anytime, and it will cause a big lose for you . Always try to diversify your investments, and try to invest in some other promising currencies.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
According to my opinion, bitcoin is not risky because it was made by developers in serious way, they made it very well for the sake of the investors or the bitcoiners money to be more secured and prevent the risk.You will only putting your into risky way if you follow or made a wrong way.
Yes! Its so very risky because you can lose all your money within a blink of an eye. Remember this, anything can happen. I will suggest that you invest some of your money to bitcoin or banks maybe both and if you want to be safe buy assest.
Every decisions in life that you will made has a risk but the profit that you will earn from bitcoin is very promising, There is a lot of good news coming from bitcoins that's why investors are placing all their hopes to this industry.
Yes, it's Really risky to turn all your money into bitcoin. I agree Bitcoin value are awls increase, but try to invest your money multiple propose so even if You loss one side you can cove it other.
yes it is very risky it can wipe out all your money or you money will decrease without noticing because sometimes the price of bitcoin will dump or maybe you may lost your btc wallet just deposit it in a bank for safety
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.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Absolutely in a matter of investment strategy putting all eggs in a same basket would be risky but bitcoin has its own dynamics you never know what will happen in a short period of time we faced an incredible jump on prices, it is not a normal market strategy Investing all money to Bitcoin is a smart choice. Money in the bank just gets low interest. Investing in Bitcoin can get 30%-40% profit.
True that keeping your money in a Bank will get low interest only but there is no way for you to lose, different if you spend it all on bitcoin. You may get so high interest but you may lose huge as well if the bitcoin price goes down unexpectedly. We cant compare between Bank and Bitcoin imo because they are so different in any aspects.
Only put in what you are willing to lose!
Yes its risky if you put all your money in bitcoin, if you invest thier will be absolutely a risks attached. Bitcoin has several risks like hacking our wallets, the price of the bitcoin will totally dropped. But it is up to you if you think bitcoin is your choice to invest all your money then go ahead but be sure you will not get scam.
It depends on you. If your view is risky your money on bitcoins is not to go ahead. But I suggest that the price of bitcoins is rising and if you invested when you asked them here in the forums forums. It's definitely worth the amount you invested now. So take advantage of these times to buy because the time will come when bitcoins are hard to buy and you will definitely regret because the 0.001 BTC is extremely high in value not compared to the previous one at just 3 $ to 5 $.
Investing all money to Bitcoin is a smart choice. Money in the bank just gets low interest. Investing in Bitcoin can get 30%-40% profit.
It is absolutely risky! Bitcoin has a great influx of newbies right now but at someday the influx will end and that means no one is willing to buy btc at a higher price than before and people will start a massive selling like it always has been with every hype there was before. After this big correction we will see the true value of btc and it will not be its all time high... but if you like gambling you can put all the money into it that you are willing to lose
I saw many threads on this forum from people who invested life savings in bitcoin, some people sold what they had and invested in bitcoins.
Until now this people did not made any mistakes cause they did that, they risked and now they can just take profit or wait more and take more
profit.
We will see correction StrikerEureka, that happens from time to time. Price is rising and in long term price will go to $10000 and more, that is
not gambling. Many people still do not use bitcoins, demand is increasing and price will rise. It is risky to go all in with bitcoins, but much less
risky then gambling.
Yes its too risky but good investment also.
Invest only what you can afford to loose.
Good investment since bitcoin grow fast as compared to other coins.
Have yourself a portion wherein you can spend and support your need.
Invest only what you can afford to loose.
Good investment since bitcoin grow fast as compared to other coins.
Have yourself a portion wherein you can spend and support your need.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
yes of course very risky because if the price drops and rises again in a long time it will be a loss
It is absolutely risky! Bitcoin has a great influx of newbies right now but at someday the influx will end and that means no one is willing to buy btc at a higher price than before and people will start a massive selling like it always has been with every hype there was before. After this big correction we will see the true value of btc and it will not be its all time high... but if you like gambling you can put all the money into it that you are willing to lose
Yes there's a lot of risk to turn your money to bitcoins. Basically, bitcoin is not stable as you know it. Well it is up to you if you will risk your money and you'll need to be sure you have the secure to place. Every investment you take there is always a risk. I suggest that you invest some of your money to bitcoins and not all of it. Just to be sure you will not be scam on your investment. Go for it and try it yourself.
It is always risky to spend your money into something like this but you should just believe in it and think that it will be good but i will also say you should have knowledge how everything works this way you know what you are doing and don't do anything wrong.
Everybody said it...its risky....I will never take all of my money to BTC. You have to thing. If you are investor you can give part of your money to BTC like investment. If you are trader, you can put part of you money and trade, but never all of my money. You never know. I read about the guy who sold his car, take a mortage to his house and buy BTC and some altcoins to...he is totally crazy...I thing the guys cannot sleep anymore...
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