is it risky to turn all my money to bitcoins? - page 131.

De Suga09

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Quote from: terrific on October 05, 2017, 05:20:39 AM

Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Bitcoin is a high risk investment,but this is much better than just depositing it in the bank. Before entering in an investment,it is better to study it first carefully. Fluctuation is unavoidable that is why it is better to be wise in investing.

zcs

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Yes, invested in bitcoin is high risky factor to turn your all money into bitcoin. Bitcoin is volatile currency. If you secure your money 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. So i suggecst you to invest only 20-40% of your money in the bitcoin and earn the profit.

crypteris

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If you have all the money in Bitcoins it means that you will need to sell them constantly in order to buy things and make living. So, in the dump period you will lose the potential profit. AND, I think you already know the golden rule: do not invest more than you afford to lose.

awaramalik

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Quote from: nesty on October 05, 2017, 06:07:49 AM

Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

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.

Its highly risky. There is no set laws in any country related to it. Moreover its heck of volatile. So investing all your money in bitcoin is going to give you a lot of heart shocks each day. But yes invest 30-40% of your money for long time.

haallloo

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Now it is no more risky than in other crypto-currencies. But I would not have kept all the funds in one. I think you should look at the market statistics and choose the most stadially growing currencies.

Bagong91

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the risky business remains, my suggestions your better find information about bitcoin exchange rate for several months to come so that risky loss can you count.

Chienna

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes it is risky to turn all your money in bitcoin but you need to take the risk for you to earn a lot. Risking is a part of a bussiness that is why you need to take than do it for nothing. Earning money is risking also.

ethlover128

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Even though i am a huge proponent when it comes to investing in bitcoins, I wouldn't recommend putting everything you have in bitcoins or any other investment opportunity as a matter of fact.

weishao

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You have to be aware that Bitcoin is risky, there will be gains and decreases, if you put all the money into Bitcoin, then you need to take risks, although you may be so high income, but do not recommend you will All the money into it, took out a sub-investment just fine.

dyewic

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

It's not just risky but very very risky because if you turn all your money on bitcoin there's a possibility that bitcoin price fall down because no one can explain what's happening about the raising and falling of the price of the bitcoin so it is very risky to turn all your money to bitcoin. So turn only a half of your money to bitcoin so that you can also invest in bitcoin related businesses, join on signature campaigns so that you can have an extra tokens/bitcoins, trade on trading sites, mine on minings site, play gambling on gambling sites but its too risky. You can also invest the half of your money on local investments.

ubay

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

it's very risky, better take some money to buy bitcoin, partly for daily life. we never know how long bitcoin will last, having cash is a safe way in my opinion.

adjudicator

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yeah, bitcoin is very risky thing. Although it has a big value than other currency. Bitcoin's Price is unpredictable in a sense that it is always changing it can be low or high.

cheehong714

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Hey guys, I wanna ask what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?

I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you?

thesosorr

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Very risky. Because, people who have been successful from bitcoin also take high risks so they can laugh enjoy the great benefits now from bitcoin. Of course, rather than just saving in bank will be effective if we hold bitcoin.

irfanmalik04

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Yes risk is always involved but this is also true many those who are successful today they had dared in their life and thats why they are entitled now leaders and successful people

Zorbak

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Of course it's risky to turn all money to bitcoins but no risk no reward.

As any investment the best you can do it is to diversify, put a lot in BTC but not all Grin

krisnt80

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Bitcoin has allowed already becamed the best investment return of 2017 for sure, i dont know any other investment wich had returned 4-6x its investment into such short period, even knowing some altcoins made similiar or even bigger results, im talking about crypto investment. There a bit risk to invest into bitcoin, wich make people to avoid it in the past, nowadays the only risk is you not be part of bitcoin.

celex89

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invest max 5% of your assets

CryptoLoverz

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yes, it have risk. but we dont know bitcoin will take all your money if you put on there.
bank have system like investing (in my country) if you store some in bank you can take if it reach some month with additional money. like investment i think. and in bank provide one service like buy gold and store in there. so dont be afraid with bank. bitcoin can give you much profit in short time that cant be gain in bank, and it one of advantages

wagi

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes big risky if you do that.. please dont. Just use money wisely. Half of all is better than.
But always big chance to gain big revenue behind the big risky. Think about it.

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