Topic: is it risky to turn all my money to bitcoins? - page 134. (Read 37348 times)
Yes it is very risky because nobody knows the real value of bitcoin due to its volatility means it has a chance to have a value of zero.Also many hackers are now focusing on crypto world and its not safe to turn all your money to bitcoin.Be wise enough to just split your money dont be tempted to bitcoins volatility because we really dont know its stable value.To be safe just risk what you can afford to loose.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes unarguably it will be the most stupidest thing that you would do. The Cryptocurrency market is very volatile one its unpredictability stands tall than any other. For that matter I think its very irresponsible of you to invest all you money in any of the coin. Diversify and Gain.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
In my opinion maybe you should only get your profit, and leave only your investment. In case bitcoin value will fall down you have nothing to worry about it because you turn your profit into money. Then wait again for bitcoin value to rise up then do the same thing again and again. ^_^
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes if you don't know how to handle because bitcoin is a type of coin that isn't stable in value so that if uou put all of your money on that if the bitcoin reach it's peak and dumps. Eventhough your money is quite higher it will dump too because it is now on the bitcoin and not on your currency.
I can be risky as hell if you don't know what you're doing exactly. The most important part in that decision would be when to invest in bitcoin and when to, eventually, pull out. I you have the basics of the market and you're absolutely sure what you're doing then it can go quite well without any problems at all, BUT even if someone was to go with this, I'd suggest to keep unleast something in fiat because you can never know what might happen.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes. Ofcourse because we all know that bitcoin value isn't that stable so our money will somehow be put in danger that if we do not know how to manage it in bitcoin, it may end up lowing in price because somehow today's bitcoin isn't that good ingrowing price and facing many problems today.
its risky for me because right now bitcoin is not stable because of hardfork issues, if you are lucky you can get double of it, but if you have a bad luck your money can reduce until 30% or more. its mean that if you want to invest on it my suggestion is try to invest in a small amount 20-25% of your money maybe. if lost happen you still have cash on your bank
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think it will be risky because bitcoin is not like Gold that has a stable price if you buy all the Bitcoin with your money later you can feel sad with the declining Bitcoin price drastically.
- Because many investors and experts have predicted and said bitcoin is an ideal investment and a trend of the future, so the value of bitcoin will increase over time, the risk will not be too high. However, bitcoin is not under the control of the law, and if we are not careful, we can be attacked by hackers and steal our bitcoin, we will not be able to sue or call the policem, they do not manage that, so to be safe, we should not put all the money into bitcoin
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
First of all, bitcoin is a risky thing. Why? The value of bitcoin is unpredictable. And if you convert all your money into bitcoin it is a very risky thing.
Yes. Do not put all your money in one investment. Spread to other financial assets like stocks or bonds.
Any form of investment must have risks. Especially you want to invest all your money into Bitcoin. Because Crypto currency has high fluctuation value. So, the risk of your money will be great. However, the profit if the Bitcoin Price goes up, would also be great. So better set aside a little of your money and do not invest all your money for one purpose. Great Opportunities, Big Risk. This is crypto.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yeah that will be too much risk because anytime the value of bitcoins might get worthless so if you turn all in to bitcoin and bitcoins fail what would happen to you? You might get crazy if you lose all of your money with just a glimpse. So just to be safe it is much better for you to not go all in to bitcoins just a 20% of your income what ever it is even if monthly income or something. Bitcoin it a risky business, you might get scammed you might get fails so to be sure that ypu will not curse bitcoins do not spend all of your money it is much better to have an extra money in case of emergency happens. And besides you can always gained bitcoins through signature campaigns and alot more.
any time you put all your money into one investment is risky. diversify , some gold, stock, real estate etc. spread it out
Vietnam is about to have the official legal framework for Bitcoin
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think it will be risky because bitcoin is not like Gold that has a stable price if you buy all the Bitcoin with your money later you can feel sad with the declining Bitcoin price drastically.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes turning all your money into bitcoin is really risky because bitcoin i think is not really secured because a lot of scammers are also there to scam you anytime. So if you want to invest with bitcoin you must invest only the half of your money. But if youre a risk taker i think you can do it.
Wow 63 pages for a one-sentence question.
Yes it is risky.
Because:
- bitcoin is volatile; the world still uses fiat so you need fiat for many things - even when they accept bitcoin, it is calculated using an exchange rate.
- bitcoin spending is only possible when you have an internet connection - so in case of a bad connection or powerfailure you are not able to pay anything at all.
- like all investments: don't put all your eggs in one basket. So diversify.
Quote
Is it risky to turn all my money to bitcoins?
Yes it is risky.
Because:
- bitcoin is volatile; the world still uses fiat so you need fiat for many things - even when they accept bitcoin, it is calculated using an exchange rate.
- bitcoin spending is only possible when you have an internet connection - so in case of a bad connection or powerfailure you are not able to pay anything at all.
- like all investments: don't put all your eggs in one basket. So diversify.
With the initial investment cost of about 66 million, after 6 months investors have been able to return the capital. Minerals help cool down, eliminate noise and increase efficiency.
I dont see any risk into bitcoin unless you put all your money into bitcoin and be forced to exchange some coins to pay or to survive, into those cenario it would be a mistake to step in all into bitcoin. Otherwise i do know it has some risks, like be banned into your country, heavy punishement to who use or play with it, anyway to get money you need to take risks, bitcoin does provide a lot opportunities but you need to risk your money into it.
The international payment bank urges the central bank not to ignore bitcoin
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