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Topic: is it risky to turn all my money to bitcoins? - page 154. (Read 37350 times)

member
Activity: 154
Merit: 10
Not only in Bitcoin any investment you should not turn your whole money in one stretch, I personally advise that many people do part by part investment to understand its current position so that we can confidently invest and monitor the performance of our investment. Which is safe to get more profit from our investment, bitcoin is only thing which you can trust and invest in it.
full member
Activity: 448
Merit: 100
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Obviously it is risky to invest or convert all your money into bitcoins because it is volatile. Anything might happen in the future or maybe at any moment that will affect the price of bitcoins, if this will happen in the days or years and you did invested all of your money then you'll lose a huge fraction of your money. But if you have a faith on this coins then go for it
newbie
Activity: 1
Merit: 0
It is really risky to turn all your money to bitcoins because this is number one investing rule that I learned; you cannot put all your eggs into same basket. we should always manage our risks.
full member
Activity: 1022
Merit: 100
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For me it will be risky . q because you don't predict bitcoin future . it can be on top n it can also be in down. So if want to invest u can invest half of money in bitcoin.
full member
Activity: 588
Merit: 100
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes it is risk. Because if you keep all your money in bitcoin you may be forever all lose it. Because you can hack your bitcoin besides all time bitcoin price oscillate. So i think it's risk.
member
Activity: 300
Merit: 10
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everything has it pros and cons, so before turning all of your money into bitcoin, first you must know if you do that, that will make you harder for exchanges, and second you must accept risks to lost profits whenever bitcoin drops.
legendary
Activity: 2674
Merit: 1226
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Even with something that people might consider a super safe haven like gold (Aurum, not the bitcoin fork!), it's always unwise to put all your eggs in one basket. The prime rule of investment is never risk everything. Probably the only thing you could risk the majority of your savings... is in savings. A fixed deposit with a trustworthy bank. That is just to protect your lifetime savings. And don't fall for what people say about Bitcoin. I believe in it, but it's foolish to risk everything with Bitcoin!
hero member
Activity: 994
Merit: 544
Yup it is risky to put all your money to bitcoin because when you do that then you will not have much money left and when you don't have money that is left then there will be a huge chance that you will lose money in bitcoin because of the volatility but you can still have balance if you will not just put all your money into bitcoin.

I am positive that if you will just let your invested bitcoin sit for long term, it will generate an income that is really big.  It is hard and not good if you will put all your money into bitcoin.  How will you be able to survive days of your existence if you turn all your money into bitcoin.  Where you will get money to buy foods and stuffs.
hero member
Activity: 2520
Merit: 783
Yup it is risky to put all your money to bitcoin because when you do that then you will not have much money left and when you don't have money that is left then there will be a huge chance that you will lose money in bitcoin because of the volatility but you can still have balance if you will not just put all your money into bitcoin.
full member
Activity: 868
Merit: 100
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I think thats possible but for me its ok because many of users of bitcoin has already buy more than a million of money or dollar i mean but if your money is a thousands of dollar thats ok atleast you do want is the best for your money and its up to you if you gonna focus and earn money here in for forum.
newbie
Activity: 24
Merit: 0
There are a lot of times when I have wanted to just buy bitcoins and save them, hoping they will rise, but I never did, and always regret it Cheesy
full member
Activity: 210
Merit: 100
Yes because there is no such extra money when you need it. For example, if the Bitcoins have fallen and it's still in need of money. How can you now get your money if it has fallen. and when you get rid of it you are more likely to lose it. so you should spend money on bitcoins and banks
member
Activity: 137
Merit: 10
if I think it is not risky, it will be profitable for you if you invest your money in bitcoin ..

if i have a lot of money i will invest my money in bitcoin  Smiley ...
if it is true what you are talking about, I want to try to invest my money here, but how, if profitable I want to try again ,. good night thank you ...
sr. member
Activity: 574
Merit: 256
There is always a risk involved in investing your money in Bitcoin .As Bitcoin is volatile in nature so its price keeps on fluctuating. It is difficult to predict that what will be it's price in the coming future . So if you will invest all your money into it then either it can give you huge profits or you will face a big loss.The risk factor is always there.So investment should be done wisely.The wisest way will be to invest some amount of your money and keep the rest with you .
full member
Activity: 252
Merit: 100
if I think it is not risky, it will be profitable for you if you invest your money in bitcoin ..

if i have a lot of money i will invest my money in bitcoin  Smiley ...
hero member
Activity: 966
Merit: 501
Yes, it is quite risky to turn all your money into bitcoins and also not a very wise choice. Bitcoin has always been unstable. The fluctuations in the prices are so much that it is like a rollercoaster ride. So you can never know when you could have a huge loss in it.
Also as bitcoin has started becoming so popular and it is decentralised, the governments start looking for ways on how to control it and when they are not able to do so, either they accept it or they ban it. But its volatile nature puts a huge risk on our savings which is our hard earned money.
jr. member
Activity: 52
Merit: 10
I think around 25% of your current wealth is a good idea to invest into Bitcoin. Certainly not all your money.
newbie
Activity: 35
Merit: 0
All the money put on bitcoin is a big risk, we need to put some money and monitor the situation of growth and fall Wink
newbie
Activity: 28
Merit: 0
yes it is always risky to invest all your money in bitcoin. Its very volatile. So invest as much amount so that you would have some money if something would happen to this market.
hero member
Activity: 700
Merit: 500
oh yes,all the money to bitcoin is next level risk game,bitcoin price keeps on changing , at time when you will need them you dont whats price gonna be if it will be low you are in loss,also what if market crashes then you have to bear all the loss so invest it in some place which is giving interest even if its low but your money is not going anywhere and you will still have a little profit like banks.or just save it.invest a little from your money into bitcoin,so tragedy does not left you empty handed
Chance of prices fall is zero because it has become so high that at this point of dump occur it will only fall to 200 usd and not more than that so why no to change all the money in such a value able coin who is giving 1000USD profit o weekly basis and price will soon cross the 10000 figure and that time will be no far when profit of bitcoin will be in billion so don’t get late, invest all you’ll see benefits in one week.
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