is it risky to turn all my money to bitcoins? - page 156.

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!

Yap its very risky. Like you put all the ball in 1 bucket, if that bucket leaking so you will lose all the ball.
In my opinion, better you put your money in separate coin. Risky can be prevent.

oegarod

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Quote from: Swenna on October 22, 2017, 04:16:06 AM

Quote from: Evilmorty69 on October 18, 2017, 05:41:28 AM

Yes of course it’s risky. Because we don’t know what can happen tomorrow. The best option will be to invest part of your capital

I agree. And of course, after investing a capital in bitcoin, there are other ways on how to earn some profit from it besides waiting for the price to surge up and exchange it.

Always remember that there's always a risk when it comes to money investment. It's either you earn some profit or you loss your capital.

Yes, risk always gets associated with each and every form of money making or money related activities. Importantly with bitcoin what's happening is much risker than the common form of money related activities. Even at this situation, there are people who have turned everything they have into bitcoin and had benefited out of the same.

Swenna

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Quote from: Evilmorty69 on October 18, 2017, 05:41:28 AM

Yes of course it’s risky. Because we don’t know what can happen tomorrow. The best option will be to invest part of your capital

I agree. And of course, after investing a capital in bitcoin, there are other ways on how to earn some profit from it besides waiting for the price to surge up and exchange it.

Always remember that there's always a risk when it comes to money investment. It's either you earn some profit or you loss your capital.

Drnice

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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!

If all the money is in the bank and receive a little profit or maybe nothing at all, you can take a risk by investing it into bitcoin, but you should know well about the risks that is involved with bitcoin. When you take this risk, just watch your investment grow.

sana gull

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Quote from: poplolnman on October 18, 2017, 09:18:17 AM

Quote from: captainhera on October 15, 2017, 07:00:54 AM

Quote from: poplolnman on October 15, 2017, 06:52:18 AM

Quote from: chip211 on October 15, 2017, 06:11:54 AM

Quote from: mai_mirai on October 15, 2017, 12:03:55 AM

All the things need to risk, success also need a risk and I think it's very risk to turn all money in bitcoin. Because bitcoin price unstable and unpredictable, better you put half into bitcoin and half again into business in not cryptocurrency investment.

I agree with your thinking, do not put all the eggs in a basket, divide them for investment. The hold of bitcoin takes a long time and during that time t can look to the crypto market.

there's no harm for anyone to go allin on bitcoin investment as long as you can afford to do it. take that risk and you might would get a better and bigger return. everything always worth with the risk. you just need to think about it carefully. if you looking for a safe move then yeah you should split it into several places , but when you ready to get a worst scheme , and not just about collecting instant money, go allin are your choice.

All the wealth has to be trad with risk, but when it reaches high value and buy hold it is too dangerous. Although it may still increase further but some investors will be anxious to sell losses.

crypto investment always full of risk , i personally always think that the whole money i invested are gone already. so there's no way for you to cut the loss . you are not gambling here by the way , still you need to make a careful analysis . just to make sure you won't sell it anytime in any condition . that's the meaning of taking risk allin investment for me.

I am agree with you this is risky because the price of bitcoin is not stable and can goes down or sometime goes up that why we need to be sure in this situation before spending that money and this is really serious issue because here only luck will help you otherwise it is really risky.

coin royal

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Quote from: nomad1109 on October 18, 2017, 10:14:17 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!

Well, that depends on how you define risk. The normal definition is the probability of an unwanted outcome. In this case that would be you losing your money. However, if you don't care about the money what so ever, and wouldn't have noticed if they were gone, I guess there are no unwanted outcomes. It's either "don't care" or "more money to not care about". So then there would be no risk involved. However, by traditional measurement (standard deviation, for example) there is a lot of risk involved. The volatility of Bitcoin is huge.

Yes you are right this is really risky because here when you invest all your money then twp directions will be form I mean one direction will be that your money will make a lot of profit and the other that money will goes down and a big lost will be occur so be sure about that investment and take a look of price of bitcoin before investing money.

nomad1109

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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!

Well, that depends on how you define risk. The normal definition is the probability of an unwanted outcome. In this case that would be you losing your money. However, if you don't care about the money what so ever, and wouldn't have noticed if they were gone, I guess there are no unwanted outcomes. It's either "don't care" or "more money to not care about". So then there would be no risk involved. However, by traditional measurement (standard deviation, for example) there is a lot of risk involved. The volatility of Bitcoin is huge.

Harlot

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You always have an option to diversify your capital in to various investments and decide not to sit your money out in a bank. Because putting up all your money with Bitcoin is rather a dangerous move that no wise man will ever do and the risk of your losing the value of your money gets higher and higher as the prices goes up and not to buying Bitcoin without any knowledge of trading. Even if your consider yourself a risk taker I wouldn't recommend doing it as if Bitcoin falls you won't have anything left but a massive capital loss.

kamilah147

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Quote from: poplolnman on October 18, 2017, 09:18:17 AM

Quote from: captainhera on October 15, 2017, 07:00:54 AM

Quote from: poplolnman on October 15, 2017, 06:52:18 AM

Quote from: chip211 on October 15, 2017, 06:11:54 AM

Quote from: mai_mirai on October 15, 2017, 12:03:55 AM

All the things need to risk, success also need a risk and I think it's very risk to turn all money in bitcoin. Because bitcoin price unstable and unpredictable, better you put half into bitcoin and half again into business in not cryptocurrency investment.

I agree with your thinking, do not put all the eggs in a basket, divide them for investment. The hold of bitcoin takes a long time and during that time t can look to the crypto market.

there's no harm for anyone to go allin on bitcoin investment as long as you can afford to do it. take that risk and you might would get a better and bigger return. everything always worth with the risk. you just need to think about it carefully. if you looking for a safe move then yeah you should split it into several places , but when you ready to get a worst scheme , and not just about collecting instant money, go allin are your choice.

All the wealth has to be trad with risk, but when it reaches high value and buy hold it is too dangerous. Although it may still increase further but some investors will be anxious to sell losses.

crypto investment always full of risk , i personally always think that the whole money i invested are gone already. so there's no way for you to cut the loss . you are not gambling here by the way , still you need to make a careful analysis . just to make sure you won't sell it anytime in any condition . that's the meaning of taking risk allin investment for me.

I think it's better to change the money into bitcoin tu half first, because in turning money into bitcoin it is true the risk is quite high.
indeed also if you want to succeed it needs to take risks as well, but we also have to anticipate in advance in the act.

poplolnman

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Quote from: captainhera on October 15, 2017, 07:00:54 AM

Quote from: poplolnman on October 15, 2017, 06:52:18 AM

Quote from: chip211 on October 15, 2017, 06:11:54 AM

Quote from: mai_mirai on October 15, 2017, 12:03:55 AM

All the things need to risk, success also need a risk and I think it's very risk to turn all money in bitcoin. Because bitcoin price unstable and unpredictable, better you put half into bitcoin and half again into business in not cryptocurrency investment.

I agree with your thinking, do not put all the eggs in a basket, divide them for investment. The hold of bitcoin takes a long time and during that time t can look to the crypto market.

there's no harm for anyone to go allin on bitcoin investment as long as you can afford to do it. take that risk and you might would get a better and bigger return. everything always worth with the risk. you just need to think about it carefully. if you looking for a safe move then yeah you should split it into several places , but when you ready to get a worst scheme , and not just about collecting instant money, go allin are your choice.

All the wealth has to be trad with risk, but when it reaches high value and buy hold it is too dangerous. Although it may still increase further but some investors will be anxious to sell losses.

crypto investment always full of risk , i personally always think that the whole money i invested are gone already. so there's no way for you to cut the loss . you are not gambling here by the way , still you need to make a careful analysis . just to make sure you won't sell it anytime in any condition . that's the meaning of taking risk allin investment for me.

jkoin

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I do not think that you will greatly diminish if you make a contribution to the bitcoins for at least a year. It will grow during this period 100%. After all, he has grown so in six months. In this case, you need only a little bit of courage, determination and knowledge. Do not miss the moment. After all, it can not happen again.

lynn0729

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Of course yes.now the government has a confusing attitude towards the bitcoin.yeah bitcoin technology is advancing and attractive ,but is also has great risk.if one day,bitcoin was forbidden,in that case you will lose all your money.how will you live your life?so it is really a stupid way.

Bastime

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It's like a gambling wether you win or loose.
Invest your portion of money in Bitcoin but not all, somehow if Bitcoin will continue to rise or dive at least you still have money reserved. You can do investments at the same time, business you love and Bitcoin.

Chanock

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Of course yes! It is to risky to turn all your money to bitcoin because you don't know what happen to you money once you convert it bitcoin. Bitcoin is unpredictable and the price of it is always changing. There are time bitcoin is decreasing it's value fast but sometime increase. It's good to you if the value of bitcoin rise. In my opinion to you, don't waste your money instead invest it for good not all in bitcoin.

drlukacs

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Quote from: Xester on October 18, 2017, 05:49:38 AM

Quote from: Stavrido on October 18, 2017, 05:43:49 AM

I suppose you need to store a piece in bitcoin, part of the bank on the deposit, part of the house under the mattress for small needs. This is if there is something to store of course Grin

Lol. Just means that it is not wise and thus, risky to turn all your money to bitcoins. Have some atleast left in your wallet for other expenses. Besides when we are investing, we should not put all our eggs in one basket. Although it is clear that bitcoin is a sure thing in terms of investment but we do not know if it will goes up or down. Though, it is as always goes up so maybe investing a good amount of money to bitcoin is worthwhile.

Remember, Bitcoin or Ethereum or other altcoins are the cryptocurrency and the price of cryptocurrency all depend on the whale - the movers on the market. Therefore, Bitcoin also has risk, it does not mean Bitcoin always is best choice for any cycle, scenario, ...

Nathland

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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. I do think it’s risky to go all in with your money in bitcoin and I don’t think that its a good option because; firstly bitcoin is not accepted everywhere; so you won’t be able to use that money. Secondly, bitcoin is not a stable form of currency because it’s prices keep on fluctuating because of which there is a great chance of loss. Thirdly bitcoin is not regulated by any bank or government; which further leads to decrease in stability of bitcoin.

Xester

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Quote from: Stavrido on October 18, 2017, 05:43:49 AM

I suppose you need to store a piece in bitcoin, part of the bank on the deposit, part of the house under the mattress for small needs. This is if there is something to store of course Grin

Lol. Just means that it is not wise and thus, risky to turn all your money to bitcoins. Have some atleast left in your wallet for other expenses. Besides when we are investing, we should not put all our eggs in one basket. Although it is clear that bitcoin is a sure thing in terms of investment but we do not know if it will goes up or down. Though, it is as always goes up so maybe investing a good amount of money to bitcoin is worthwhile.

BitHerring

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If there is a lot of money, then maybe it's worth to buy something more material, a house, a car, a woman Wink

. And do not invest everything, because we live now, and not tomorrow Cheesy

dreamer81

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yes of course. but it's also risky to just let all your money stay in fiat. Bitcoin is more volatile, but the smart person can see that in time bitcoin will be your best bet.

Stavrido

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I suppose you need to store a piece in bitcoin, part of the bank on the deposit, part of the house under the mattress for small needs. This is if there is something to store of course Grin

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