Topic: is it risky to turn all my money to bitcoins? - page 168. (Read 37348 times)
There are always risks,but bitcoin is the most minimally risky thing where you can raise money.
Yes, always invest just what you 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.
For long term ( a couple of years ) it's actually no problem but for short term you shouldn't buy now. Even for long term, you should wait for a price drop, then buy. Maybe the scenario from 2013 will repeat, when Bitcoin hit $1000 then dropped to $200, so, if you bought at $1000 you would still be very happy right now, but sure you weren't happy back then when the price dropped to $200. I would say wait to get it or at least buy some bitcoin every month, this way you will have an average price rather than just the highest.
Yes ofcourse it is risky , what happens if btc is banned in most country's .
Just put in what you can afford to lose.
Just put in what you can afford to lose.
Turning all your money in bitcoin is not that bad, because in a very short period of time, you could earn a huge profits so, I conclude that bitcoin is not that risky. All of the things that we do in our everyday live have risk, because it is just normal to take the risk in order to know what is going to happen if we try something, for example is this converting all of your money into bitcoin.
Yes it is very risky to turn everything in bitcoin because you would not have any money to survive in real life i would suggest to turn the half in to bitcoin and the other half to still be able to survive a little bit.
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 buying any cyrptocurrency, even bitcoin. You shouldn't send every penny to bitcoin but always invest in what you can afford to lose. Besides, Bitcoin compared to all other cyrptocurrencies is the safest bet but not safeproof.
Well we shouldnt never invest into one single coin, even bitcoin being the most stable and best option to invest i would split my investment this way 70% into bitcoin and the remaining 30% i would put it into 4-6 altcoins, soo i would diversify a bit the investment, even knowing bitcoin potencial.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Nothing terrible is not present.Of course you can put them in Bank under percent,but how are you sure that the Bank today or tomorrow will not collapse?
I think everywhere there is a risk,but either to risk or to co-exist.
Yes ofcourse it is risky , what happens if btc is banned in most country's .
Just put in what you can afford to lose.
Just put in what you can afford to lose.
Turning all your money in bitcoin is not that bad, because in a very short period of time, you could earn a huge profits so, I conclude that bitcoin is not that risky. All of the things that we do in our everyday live have risk, because it is just normal to take the risk in order to know what is going to happen if we try something, for example is this converting all of your money into bitcoin.
I think it's still at risk when putting all the money in the bitcoin, even though we know bitcoin very profitable. but you have to remember that the price could fall deeply in anytime. so you don't think about profit, but the risk will happen also we have to think about. the point doesn't be greedy.
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.
Yes ofcourse it is risky , what happens if btc is banned in most country's .
Just put in what you can afford to lose.
Just put in what you can afford to lose.
Turning all your money in bitcoin is not that bad, because in a very short period of time, you could earn a huge profits so, I conclude that bitcoin is not that risky. All of the things that we do in our everyday live have risk, because it is just normal to take the risk in order to know what is going to happen if we try something, for example is this converting all of your money into bitcoin.
Yes very risk, you should save some your money to the other things. Better for bitcoin is for long term investment.
Exactly because if we convert all our assets to bitcoin and in future we need money for some reason and bitcoin is down at the same time then we will haveto face a loss because we have to exchange bitcoin at that time. So better is invest some percent of your savings.
That's a person with full flavors in life, Others may call him an insane/pathetic/crazy person, but for him living without risk is a boring life, I guess he is now witnessing the evident of what risks he takes, bitcoin is continuously gaining price increase.
Yes investigating all your money in bitcoin is too risky. It's just ok to invest on bitcoin but not to the extent of investing all your money on it. Before investing you have to be knowledgeable on how to manage bitcoin and must also be ready to lose because investing has two roads, success and failure.
It is not too risky as long as you are aware of what's involved. There is a lot. You have to be aware of security, functionality, etc and just have a general understanding of all the concepts like mining, consensus network, etc
Of course, it is very risky. Dont put all eggs in a basket. You should divide between Bitcoin and Altcoins
Yes it is very risky. Because bitcoin not have a consistent value. If you invest all your money at bitcoin you dont have to expect the same value or do not assum to earn as you expected. Yes it is business so you need think strategies to how to earn more and to prevent your capital in a possible loss. You dont have to invest all your money,leave some for your savings and daily needs. And have other source of income to fullfil your family's needs and wants.Business is like a gambling dont give everything that you have.
It could be something like that. The problem in having investment through online is you really don't know the person that you are dealing with. Unless that person is known and he/she have a good investment history. Because a lot of scammers around and they are always looking for potential persons that might falls into them. And it can't be ignored since that is the reality that will happen in investment, 
Yes it is very risky. Because bitcoin not have a consistent value. If you invest all your money at bitcoin you dont have to expect the same value or do not assum to earn as you expected. Yes it is business so you need think strategies to how to earn more and to prevent your capital in a possible loss. You dont have to invest all your money,leave some for your savings and daily needs. And have other source of income to fullfil your family's needs and wants.Business is like a gambling dont give everything that you have.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Definitely, your money will be at risk. Why? Value of Bitcoin is unpredictable and it varies on the supply and demand at the market. Though, if you are saying that this money of yours just stays on your bank. Then it would be a good idea if you are to invest it, in terms of Bitcoin why not. But make sure that you are well capable of what might happen since when you start to invest into something you must be prepared and well equipped by strategies to make sure that you will not regret a thing.
I think it's a bad choice. Because the price of bitcoin has fluctuated far more than that of the French currency, I mean most of the countries of Eurasia, Oceania, and North America. We are happy that the price of bitcoin has risen, but if it falls significantly, you must also take the loss. I suggest investing in bitcoin on a regular basis, not all of it.
Yes its definitely risky to turn all your money into bitcoin.
You must at least leave enough to to take care of your basic needs and those of whom you may also hold responsibilities for.
However is a large sum of investment wise to you put into bitcoin?
I would say yes!
You must at least leave enough to to take care of your basic needs and those of whom you may also hold responsibilities for.
However is a large sum of investment wise to you put into bitcoin?
I would say yes!
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