Topic: is it risky to turn all my money to bitcoins? - page 176. (Read 37348 times)
Of course it is. Because a lot of hackers are busy with bitcoin so the chance of you losing everything is pretty high. And what if bitcoin will become illegal? You will get destroyed by the government as if you were a pinata. So if i were you i should keep a save amount of money on your bank acc and the money you think you wont need invest it in bitcoin.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Very risky of course, can you imagine if every transact using bitcoin ?? there will be no more thieves that only hackers will get into our account. then how to catch a hacker? will be difficult for common people like me
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Even though i am a huge proponent when it comes to investing in bitcoins, I wouldn't recommend putting everything you have in bitcoins or any other investment opportunity as a matter of fact, one must always diversify and have a buffer in case something goes wrong you can safely land on your feet. 
Absolutely...
Its as if you are putting all of your life on something which is not really solid yet.
Bitcoin is indeed a worthy investment, but to put all your money in it then you must really be crazy.
Dealing with bitcoin needs a lot of research and learning, it is not just lile you will invest something then will reap the gains the next day.
It is still very volatile and a very risky investment.
Its as if you are putting all of your life on something which is not really solid yet.
Bitcoin is indeed a worthy investment, but to put all your money in it then you must really be crazy.
Dealing with bitcoin needs a lot of research and learning, it is not just lile you will invest something then will reap the gains the next day.
It is still very volatile and a very risky investment.
I have two answer here :
Yes, it's very risky to turn all your money to bitcoin especially when new to trading or new to this technology era, just invest your money you can't afford to lose. the positive part here if you hold it for long term you'll gain profit!
2.) If you're a good trader fundamental and technical analysis then you this one is for you turn all your money to bitcoins. just be sure you have a cold storage wallet or hard wallets to save your bitcoins
As in the quote, it's really risky to turn all the money into bitcoin. With bitcoin and other digital currencies we doesn't know what happens by tomorrow. The price fluctuates and in unexpected time drop in value takes place. This is the only risk on turning everything into bitcoin. Yes, it's very risky to turn all your money to bitcoin especially when new to trading or new to this technology era, just invest your money you can't afford to lose. the positive part here if you hold it for long term you'll gain profit!
2.) If you're a good trader fundamental and technical analysis then you this one is for you turn all your money to bitcoins. just be sure you have a cold storage wallet or hard wallets to save your bitcoins
I have two answer here :
Yes, it's very risky to turn all your money to bitcoin especially when new to trading or new to this technology era, just invest your money you can't afford to lose. the positive part here if you hold it for long term you'll gain profit!
2.) If you're a good trader fundamental and technical analysis then you this one is for you turn all your money to bitcoins. just be sure you have a cold storage wallet or hard wallets to save your bitcoins
Yes, it's very risky to turn all your money to bitcoin especially when new to trading or new to this technology era, just invest your money you can't afford to lose. the positive part here if you hold it for long term you'll gain profit!
2.) If you're a good trader fundamental and technical analysis then you this one is for you turn all your money to bitcoins. just be sure you have a cold storage wallet or hard wallets to save your bitcoins
Somebody state it was risky but for me i don't look on negative sides, I'm very optimistic of the positive sides of btc, If i'm given a chance to hold a huge capital, Id rather invest it thru bitcoins because i witnessed how it remains to stand up until this present. There's no doubt a 100% btc will keeps increasing because of its popularity and well established compared to other alt coins.
Besides, I will not look at other sentences as their intentions are reserved. Focus on yourself and do what you do 100%. Thanks to patience and regularity you will surely succeed.
Somebody state it was risky but for me i don't look on negative sides, I'm very optimistic of the positive sides of btc, If i'm given a chance to hold a huge capital, Id rather invest it thru bitcoins because i witnessed how it remains to stand up until this present. There's no doubt a 100% btc will keeps increasing because of its popularity and well established compared to other alt coins.
Turn the half of your investment into Bitcoin. The other half must be $USDT. Ok heres the profit part. You turn the $USDT into Bitcoin when Bitcoin is about to dump. Then if Bitcoin is about to make a huge pump buy sell the USDT to buy Bitcoin. If you made a mistake, use average down to save your position using the half of Bitcoin or USDT.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
First, define what you mean by risky.
Do you mean losing 10% of your money as "risky" or do you mean losing 100% as risky.
Cryptocurrencies are highly volatile so everyday you will see your "wealth" increase or decrease by 10-50%. If you are ready to HOLD thru those up and downs, they its not risky.
Losing 100% is only possible if you are hacked, or you make stupid decisions with your bitcoin or any crypto.
Do you mean losing 10% of your money as "risky" or do you mean losing 100% as risky.
Cryptocurrencies are highly volatile so everyday you will see your "wealth" increase or decrease by 10-50%. If you are ready to HOLD thru those up and downs, they its not risky.
Losing 100% is only possible if you are hacked, or you make stupid decisions with your bitcoin or any crypto.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is not advisable to put all your money to bitcoins. Yes, the bitcoin value in the market really catches all our attention because of its promising value that encourage us to invest in bitcoin. This is because we all believe in the power of bitcoin and cryptocurrency. But investing all your money is too risky. It is just like running your business, you should not put all your money in a single concept so in case your concept failed, you still have capital to proceed to your backup plan or start another concept. It is applicable when you are going to engage in any trading industry like bitcoin, you should always have back-up capital in case you face some unavoidable loss or when the bitcoin value fluctuates. Your back-up capital will help you to invest again so you will gain again as soon as possible what you have lost when its value rises. is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Invest only if you can afford to lose that is the primary thing to do. I agree with some people here that turning all your money into bitcoin is very risky because the movement of it is likely to change very sudden or unpredictable.You should first research all the things that could help you gain about bitcoin before investing all your money.
Yes, it is very risky to put all your money or turn them into bitcoins because if you will put all your money in bitcoin then you will not have money that is left to be saved or putted into something like for having an emergency fund that will help you to secure yourself and the other places where you can put or diversify your money so i think it is not a good idea to put all your money in bitcoin unless you have a continuous source of passive income already.
don't do that dude. we don't know what happen in the future of bitcoin.
don't turn all your money is very risky invest all your money.
don't turn all your money is very risky invest all your money.
Yes i think its better to be prepare on what will happens in the future probably no one knows about it maybe you can put some of your money in some coins that the good option i was thinking
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me at first it is risky but when you know how to play this trading i can say you will invest all your money to it and in this trading you have to be wiser and stick to the traders saying buy low sell high and be patient to wait for the right time to invest.
exactly as Jager told, always iInvest in what you can afford to lose.
All money to bitcoin is just to risky. The market is too volatile. Not advisable. Invest in what you can afford to lose.
what kind of answer are you expecting from a thread like this ?
SERIOUSLY !!!
SERIOUSLY !!!
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
yes, if you all your money you turn on the bitcoin its a risk. because you say "all" if you turn all your money in to bitcoin what's left on you ? how if one time you have an emergency or financial problem because you don't have any money on your pocket. then what you do? you got my point man. if possible just keep enough for your money to provide your needed for everyday. you must aware for everyday life. you don't know what happen to you what if you got accident. and other emergency. dont turn all just keep enough for you
SYS : Buy under 0.00003. Likely to go up after rebranding.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me at first it is risky but when you know how to play this trading i can say you will invest all your money to it and in this trading you have to be wiser and stick to the traders saying buy low sell high and be patient to wait for the right time to invest.
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