Topic: is it risky to turn all my money to bitcoins? - page 137. (Read 37376 times)
I think you should spend 50% your money to invest in Bitcoin. If you turn all your money, it is very risky. The rest money, you can buy altcoins or invest in the Stock market.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Actually, turning all your money to bitcoins is a risky idea, and there are very few people who are brave enough to do it. In banks, you are secured that it would be increasing very little because you store it, but in bitcoin, everything is different. Bitcoin's price is volatile and you are not sure when it will rise or fall. Good thing here in bitcoin is that if it falls then there's a possibility that when it rise, it will be higher than before. 
Actually its a smart thing to do in my country if you are cashing bitcoins you must pay 5 or 1% tax of it. So if you cash everything once you can pay less and have more money.
This is only in my country i don't know what the law of your country is. Better to check them out.
This is only in my country i don't know what the law of your country is. Better to check them out.
Sorry mate. That would not be risky but just plain stupid.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes investing is a risks but still some people do invest for there business. But not all money.
Investing your all money can increase the chance of losing. So you should invest low like 1000 or 2000$ would be better depending upon how much total amount of money you own.
It doesn't increase your chance of losing it it's just more of an impact if you do lose it. Actually by investing and holding coins in bitcoin you are increasing their value so therefore investing more is actually helping you increase the chance of earning more in the future even though thats a small percentage.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
No it is not risky to turn all my money to bitcoins because bitcoin is so very legit. It is already tested to be true. And in bitcoin you ae be able to gain so much money and to earn so much money. In bitcoin you are able to have so much money in using the less of your time and the less of your effort. 
Yup i think it is too risky bitcoin really show's us its capability for the past years but i think to turn all of your money into bitcoin is insane bitcoin is volatile and no one can say if it's gonna crashed or something and if that happen you dont have plan b to bounce back cause all of your money are in bitcoin try to manage your money as much as you can and have some savings too it's not bad to have some saving just in case something bad happen.
i think its high risk and on the other hand, its very much lucky..in bitcoin anything can happen.
but btc is life changer coin..
but btc is life changer coin..
Well it's not only high risk but a but foolish as well if you don't diversify your assets. As much as i trust bitcoin, it's better to leave mothing to chance and be prepared for any possible situations. I believe btc has the capability to make a difference financially in my life but i'm not risking everything in one go.
I Thing it is a very risky to turn all money to bitcoin. Never put your all money in a one bag.
You have a point, but if I have the money, I would put it all in bitcoin without any hesitation, because gaining profits in bitcoin is positive without any doubt. It is just us who are scared on taking the risk, especially if we are talking a huge amount of money that we are going to put in investment, but trust me, investing your money to bitcoin is the most safest investment here in the crypto world.
it's very risky, do not put all your eggs in one basket
Yes, it is risky since it is volatile, and unpredictable so why you gonna put all your money into it, maybe you can just invest half or quater of it, because putting all in one basket can make your money lose.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It's a risk that most aren't willing to take. The odds of you making money on Bitcoin is high. is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes investing is a risks but still some people do invest for there business. But not all money.
Investing your all money can increase the chance of losing. So you should invest low like 1000 or 2000$ would be better depending upon how much total amount of money you own.
To my opinion it is risky to turn all your money to bitcoins, since there is a possibility to lose.Bitcoin might be intangible,even paper money or securities can be presented to a central bank or company;digital currency is a decentralized and just a piece of code on the internet, so it has no country or company for you to ask to honor it. After buying bitcoins never leave them at the exchange if it is affordable move the bitcoins to a hardware wallet to store or a paper wallet.Buying bitcoin is a valuable asset now since there is only 21 million available and of that 80% of all bitcoins are mined, this scarcity could continue for the demand.
Well I think if someone is rich or billionaire so they will not invest their all money because I think it’s not a good idea to invest all your money anywhere so I think little part of your money invest in bitcoin because bitcoin can always give a very good profit bitcoin have a very good quality that it change his price in a week so every month you can get profit. Bitcoin is an investment project and that project he can succed or failed so if you don't need that money you can turn your money to bitcoin and you can earn much more the value that you put on bitcoin if his price grown up in the future
not only in bitcoin but in any business it is not a good idea to invest all your money, Although bitcoin is a good source of income but still i think we cannot predict about the future of bitcoin and that is the reason that it is not a good idea to put all your money in bitcoin. i think it will be good if we put such amount of money in bitcoin that we can afford to lose.
Yes it's risky! because any time bitcoin price change up or down, when price come down you loss your money. You can hold bitcoin but don't put your all money in bitcoin for your security.
I Thing it is a very risky to turn all money to bitcoin. Never put your all money in a one bag.
It might right to other types of investment but in bitcoin, I do not think that there is any risk. Bitcoin is a source of investment which can only give you profit overtime. If you are patient, you will definitely earn money from bitcoin. I have known bitcoin since its price was only $100. That is insane,right?
It is too risky to put all your money into bitcoin. It is tempting to do when you see the market go up and up but once it drops, you will start losing your money and all the regrets will begin to come in tied up with panic and fear. I hope you would save yourself from that.
Bitcoin is an investment project and that project he can succed or failed so if you don't need that money you can turn your money to bitcoin and you can earn much more the value that you put on bitcoin if his price grown up in the future
i think its high risk and on the other hand, its very much lucky..in bitcoin anything can happen.
but btc is life changer coin..
but btc is life changer coin..
Well it's not only high risk but a but foolish as well if you don't diversify your assets. As much as i trust bitcoin, it's better to leave mothing to chance and be prepared for any possible situations. I believe btc has the capability to make a difference financially in my life but i'm not risking everything in one go.
i think its high risk and on the other hand, its very much lucky..in bitcoin anything can happen.
but btc is life changer coin..
but btc is life changer coin..
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