Topic: is it risky to turn all my money to bitcoins? - page 158. (Read 37348 times)
it depends to your area if bitcoin is widely accepted it is not too risky because you can use it everywhere and if not its risky for you cannot buy all you want specially the things basically important to you
yes it is risk to have all your eggs in one basket regardless of the situation. It is best to be diverse and have many baskets.
Very honestly, yes it is risky to put all your money in bitcoin. although bitcoin is a safe investment, because bitcoin is in its early phase and it has to cover more goals, people are too much interested and welling to invest money in bitcoin, therefore we can say that it is a safe investment, but in fact still not one know about the price of bitcoin that either it will increase or decrease therefore we must be careful and should not invest all our money in bitcoin. is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Sometimes you need to take a risk to be able to see the outcome.With that you'll be able to learn lessons in life most especially when it comes to money.is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Dont turn all your money in to bitcoin it is too risky to invest all in, in bitcoin but if you made the right decision and invest to bitcoin you will get your money back in no time because bitcoin keeps higher and higher in terms of value in short period of time.
The price of Bitcoin has not much time can increases in short term as now.
Just by the FUD and FOMO made the price of Bitcoin had increased a lot recently.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
There is always a risk in every investment. Putting all your money in bitcoin is not just a risk to your money but same as betting your life in a gambling game. And also it is not a smart decision to do. You should always read news about bitcoin so that you will have idea of the ups and down on price of bitcoin and the latest news on the digital currencies. If you have a lot of money to invest, it is better to try not just in bitcoin but some altcoin is a good move.
Yes. It is risky. Generally speaking, It is risky to invest all your money to one stream of income. to be safe, it is advisable to diversify your assets. for example, buy stocks with some of your money and but bitcoin with your other money so that if one goes down you can be saved by the other. It is like having multiple lives for a game. Diversifying your assets is like having save points. This practice is often observed in the top business man of our era. They have many business across many disciplines and trades. One may venture on the food industry and construction industry so if construction is down your food business will make you stay in the game.
Any kind of investisment is taking a risk but what matters is the pourcentage of risk. With Bitcoin the pourcentage is very low but it increases proportionally with the amount of money setted in that investisment. So personally I prefer to not invest all my money if I will do it.
Yes, it is very risky to put ALL your hard earned money in bitcoin. Let's just say invest 10 % or 20 % of your money in bitcoin, that way you won't be at risk of loosing large amount. The value of bitcoin is not the same it goes high and down, what if at the time that you needed cash the value is at its low point you wouldn't want that. Every investment have its own risk so we should be wise and cautious of our every move. Be educated and be updated, it won't harm if we put a safety border on up to how much we'll invest into something.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes. too much risk. We cannot tell what future Bitcoin holds. Even it is now having a great market impact, We cannot foresee what will happen in the future. All investments have each risk to take. So better not to put all your hard-earned money over investing in Bitcoin. Just invest what you can afford to lose.
Let's turn all the money into bitcoin which is a right choice, because bitcoin value is increasing and it is altcoin that has a lot of potential. Decide and implement it.
Yes it is risky to turn all your money to bitcoins. Because it is all your money it’s like 100 or nothing. I know that you can invest and earn flinty of money. But are you sure that you want to give it all or use all your money to bitcoin? Can you afford to lose all your money? If you can afford to lose all your money go. But if not don’t do it, just invest or use your money that you know you can afford to lose. Like I said yes it is risky to turn all your money to bitcoins.
i think it is very risky. market might be very volatile and you might loose some part of your money quickly.
you might divide your capital and invest some part of it in bitcoins or several altcoins to reduce the risk.
you might divide your capital and invest some part of it in bitcoins or several altcoins to reduce the risk.
Investing in bitcoin is not that risky, but investing ALL of your money is not a good idea. You might need fiat money and cannot use BTC at that moment. Also, what if bitcoin suddenly disappear(but I don't think it'll happen 
). Well, that's my opinion 
). Well, that's my opinion
I read lots of comments who say "I cannot recommend you blablabla".
Cmon, 8 years ago "mining" was some kind of madness. If any of you knew that btc will cost 5k$, you wont buy them for all the money?
BTC will increase.
Cmon, 8 years ago "mining" was some kind of madness. If any of you knew that btc will cost 5k$, you wont buy them for all the money?
BTC will increase.
This question is asked by people every time they learn about bitcoins. Every time they doubt and do not believe. So it was six months ago when bitcoin cost $ 1500, so it was a year ago when it cost $ 500, so it was in 2010, when it cost a few cents. Stop doubting, only at the risk you can achieve success.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
First of all, dont turn all of your money to bitcoin because you still need fiat money for your to spend in your daily needs. If youre going to turn your money to bitcoin, make sure you have enough knowledge about bitcoin. Dont do some things that you are not sure especially if money is involve because its risky. It is significantly risky. Bitcoin is volatile so invest only what you can afford to lose. On the other hand, you get a relatively great price when bitcoin is high. As for me, investing in bitcoin is a definite yes. Deciding on how much of your money you should put is another story. Good luck!
There is no risk at all buddy. Do not bring fear to the people. If they love bitcoin, just let them buy it. As a veteran investor, I can say that ivnesting in bitcoin is totally safe. it is not wrong when you invest your money into the future. Nothing can stop the future, right? Therefore, the price of bitcoin will continue to go up and up and up and up. And you can x2 your capital in the next year or even x3. In the next 5 years, maybe you will x20 your balance by using bitcoin 
It is significantly risky. Bitcoin is volatile so invest only what you can afford to lose. On the other hand, you get a relatively great price when bitcoin is high. As for me, investing in bitcoin is a definite yes. Deciding on how much of your money you should put is another story. Good luck!
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Sometimes you need to take a risk to be able to see the outcome.With that you'll be able to learn lessons in life most especially when it comes to money. is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes turning all the money into bitcoins is risky because there is no sure data how the rates will change and you also need to need money for now. on the other hand bitcoin will take even more time to increase its current rate. Bitcoin as an investment is good but not to put in everything you have. Jump to: