Topic: is it risky to turn all my money to bitcoins? - page 175. (Read 37348 times)
Some people say it is a bubble
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Anyway, saving money in the bank will be safer than we invest our money in bitcoin. Fiat is more stable and you can get interest if you put it on your local bank. Btw, if you want to get involved in bitcoin investment, it is better to use a part of your money. It is risky not just because bitcoin is a very volatile asset but there are some possibilities that you can lose it due to other things like got hacked, got scamed, etc.
Yes of course it is,because if you put your money into bitcoin with high volatile price,you can lose all your money if bitcoin crashing
But it depend on yourself,if you sure bitcoin will grow more in price,you can make profit from that
But it depend on yourself,if you sure bitcoin will grow more in price,you can make profit from that
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I am not putting all my money into bitcoin knowing the risk it will take, though i believe in the potential of bitcoin that will gain us big profit. Still we never know what will be the future for bitcoin. Do short trade and take your investment out i think is the best way. Then go long on your profit.
Yes its very risky, put your money that you can afford to lose. Better half of you is in bitcoin invest it and the other half in banks or do skme business that will grow more.
It can be risky especially when you put all your money into bitcoins. How about the incase you need money? And the bitcoins have fallen into the price of course that loss and you have nothing to do because you really need to. You will be forced to withdraw to use the money. There's a risk so you should be fine not to put all your money on bitcoins. I would prefer it to divide the half into the bank and the rest in Bitcoins. So when you need money you will just go to the bank
Not really, but some. There is always risk, even though Bitcoin will very likely return a profit. There is always the possibility that something could happen, especially in the short term time range. If it is money that you cannot lose, then don't do it. If it is a good long term investment, go for it.
Playing around and trading, then go for it there too. Just do not ever put the grocery money, kids college fund or anything like that in any investment.
Playing around and trading, then go for it there too. Just do not ever put the grocery money, kids college fund or anything like that in any investment.
maybe it depends on the person, because each of us is different when the time of need arise is bitcoin widely accepted to your area? because you will always need basic needs to provide to your living you must sustain to that fact that all of us need. the case maybe different to other area like the western and some first world countries where bitcoin and other payment methods are really accepted where you can buy almost everything
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me there nothing wrong with turning all your money to bitcoins as long as you can take all the risk the risk that your money can be gone or can be growth that easily since bitcoin is unpredictable price and in my own suggestion bitcoin can be easily grown when you only knew what you are doing about it. Since trading is there for you to trade.
it's very risky to put all money in bitcoin because of unstable prices. But, this is where we get benefit. I think people keep their money in the bank because they want safety
certainly not. if you invest your money in bitcoin it will get a doubled advantage but it should be remembered if investing in bitcoin is committed not to take bitcoin within 5 years. you buy bitcoin today and hold it 5 years to come I am sure you are a bitcoin billionaire
Most likely this is not risky, but far-sighted
Anything matters relating to financial action be at risk. It depends on our level of understanding. For me, investing in bitcoin is very risky and proportional to potential benefits that can be gained from it.
You need to know that it isn't a scam. If you do without checking if it is scam. You would maybe lose it. For me cashing a huge amount of bitcoin is always better, because i need to pay taxes.
If i cash a huge amount of bitcoins i only need to pay a few percentage for it. If you do it in more steps. You would lose money.
If i cash a huge amount of bitcoins i only need to pay a few percentage for it. If you do it in more steps. You would lose money.
If I am in your place I wont do this turn all your money to bitcoins is not advisable you can turn your money gradually only actually part only it is advisable when ever there is a dip you can accumulate it which will be more wise thing.
I am not expert It is my opinion only.
I am not expert It is my opinion only.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me there nothing wrong with turning all your money to bitcoins as long as you can take all the risk the risk that your money can be gone or can be growth that easily since bitcoin is unpredictable price and in my own suggestion bitcoin can be easily grown when you only knew what you are doing about it. Since trading is there for you to trade. 
Yes it is, as good as thing look now, there are no guarantees the upward trajectory will continue. If the value crashes and never recover, it is a big loss, thread with caution and invest only what you can afford to lose.
very high risk with a golden stake on it !! if you are looking for a long term investment you must go to bitcoin and you can see the profit after months!
just wait for a nice dip then you can enter!
just wait for a nice dip then you can enter!
I think that is very risky when it comes to any kind of the currency or items, not only Bitcoins.
Exactly, as there is no 100% assurance that your money invested from here will gain profit because a single mistake is just a lost of everything. Just a half of your money is enough to invest In bitcoin. In fact not all investment are failed, sometimes it happens but not all. Investment is just an earning strategies that most of us are being practise.
I think that is very risky when it comes to any kind of the currency or items, not only Bitcoins.
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