Topic: is it risky to turn all my money to bitcoins? - page 143. (Read 37348 times)
if you invest all your money it depends on you whether you want to take advantage in your risk and bitcoin is very unstable with the price the most important thing is you have to look at the trade so you can see the price and that is where you will learn how you will invest as you secure your money on bitcoin safely and earn a profit there is definitely a risk you might get
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I would argue that it's risky to put all eggs in one basket, no matter the investment. In the case of bitcoin, it is especially volatile, so there is extreme risk in putting all of your money into it. Diversification will generally minimize risk and stabilize net worth.
Bitcoin in 2 years for sure 15-20k range
just becouse of worldwide adoption
ALL IN DUDE
just becouse of worldwide adoption
ALL IN DUDE
Even if it is Facebook share , LinkedIn share or Bitcoin , whatever it is , it is risky to put all you money on it because if something very bad happens how you can survive from it ? And also if you have your kids and family with you it is so dangerous even if you have %5 of losing percentage.
Indeed, it is risky to make an investment in single instrument.
Investment must be made in diversified sectors, because if one sector fails others will survive.
Due to limited supply bitcoin is becoming more and more volatile.
So its prices are roaring up and also coming down with same pace so it is always risky to turn all your money in bitcoins.
Banks are centralised agencies protected by governments so risk of losing your money is minimum, at least invested amount is insured.
Investment in tangible assets like gold, silver is always safe, they are not volatile as compared to cryptocurrencies.
After all it depends on our expectations from our investments, more risk gives more income, but it will not happen all the time.
Investment must be made in diversified sectors, because if one sector fails others will survive.
Due to limited supply bitcoin is becoming more and more volatile.
So its prices are roaring up and also coming down with same pace so it is always risky to turn all your money in bitcoins.
Banks are centralised agencies protected by governments so risk of losing your money is minimum, at least invested amount is insured.
Investment in tangible assets like gold, silver is always safe, they are not volatile as compared to cryptocurrencies.
After all it depends on our expectations from our investments, more risk gives more income, but it will not happen all the time.
Very risky indeed, but also potentially very rewarding. Simplest advice is don't invest more than you can afford to lose.
Of course, physical money when converted to bitcoin becomes very risky since when using bitcoin currency, as thinking of it as an investment, providing and limiting your money to only one firm brings your money into bigger threat. bitcoin is very volatile in which you can either earn or lose bitcoin in a fast phase. You have bigger threat is you let you bitcoin converted money stay put on the other hand, utilizing your money to different activities involving bitcoin will have bigger benefit if you really are into joining the complex world of bitcoin.
It's certainly very risky to put all of our money into bitcoin, although bitcoin is very profitable, but there is no guarantee we will profit, I suggest to divide the finances and do not just put all the money into bitcoin.
trading and invest in cryptocurrency like bitcoins is full of risky but we know if you stand in right side you will gain profit in very-very short time.
but in fact bitcoin value are going gain and gain by the time.
but in fact bitcoin value are going gain and gain by the time.
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 put all money to bitcoin as crypto currency market is highly volatile market like other trading markets i.e. forex, shares, commodity and it can give you big profits but also can wipe out your hard earned money. Money markets have many pros and cons. A good news takes this market to moon and a bad news take it to deep sea. I would suggest, Never put all your eggs in one basket.
Yes that is the rule of investment to not put all eggs in one basket because if it collapsed, then all your hard earned money will turn into ash. When doing investment try many other things and part or allot money or bitcoin into many investments. By doing so, since you do not know what will become successful, you are making yourself more secure to the disastrous effect in case one investment fails.
Yes its always risky to put all of your eggs in one basket may be you can do like 80% in bitcoin an 20% in other crypto currency.
The best strategy is to put 505 of your all money in your banks.
and then buy bitcoins and then invest in crypto currency
The best strategy is to put 505 of your all money in your banks.
and then buy bitcoins and then invest in crypto currency
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes
Don't Put All your Eggs in One Basket - basic investment rule.
But bitcoin is one of the greatest invention of our world and there is no risk in turning all of my money in to bitcoin. Bitcoin was $400 when I first knew about it and now it is more than $6000. I wish that I could have know bitcoin sooner so that I can buy more bitcoin. 
Yes, it’s a risky proposition to put all money in Bitcoin as it is highly volatile. Currently, it’s gaining but may go down as it’s a market trend for all currencies.
If you are young enough and have the appetite to take risks, then only you must turn your all money in Bitcoins as there is also a possibility for high gains. High Risk=High Gains is the key.
Otherwise, it’s always recommended to invest money in different currencies/commodities to diversify risk involved.
If you are young enough and have the appetite to take risks, then only you must turn your all money in Bitcoins as there is also a possibility for high gains. High Risk=High Gains is the key.
Otherwise, it’s always recommended to invest money in different currencies/commodities to diversify risk involved.
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 put all money to bitcoin as crypto currency market is highly volatile market like other trading markets i.e. forex, shares, commodity and it can give you big profits but also can wipe out your hard earned money. Money markets have many pros and cons. A good news takes this market to moon and a bad news take it to deep sea. I would suggest, Never put all your eggs in one basket.
I'm 100% with the majority of responses here. It's risky putting all of your money into anything, including banks. Diversify.
Yes it is risky to turn all your money into bitcoins because we never knows until when does the price of the bitcoins are high.
I think it's risky because bitcoin itself is an unstable crypto currency. But that does not mean it's bad, it can be a big profit but risky.
Absolutely it is. Invest wisely. Its possible you will be very successful if you did. But......................................
Don't Put All your Eggs in One Basket - basic investment rule.
But bitcoin is one of the greatest invention of our world and there is no risk in turning all of my money in to bitcoin. Bitcoin was $400 when I first knew about it and now it is more than $6000. I wish that I could have know bitcoin sooner so that I can buy more bitcoin. Jump to: