Topic: is it risky to turn all my money to bitcoins? - page 185. (Read 37348 times)
Yes it is. If you have that kind of money and willing to take a risk then try investing in bitcoin. If you are not afraid to become loss, why not try. Bitcoin is a good investment tho.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think it has two aspect, risky and when it is not risky... One should know the all topic and system of bitcon currency and also the time change updating of BTc system,then he/she should decide that is it risky to do or not// 
many people saying that turn all of our money to bitcoin is risky and its true because we don't know how long the price will stay at the top price or will be down because of some bad news. if we can buy bitcoin at lower price then i am sure that no matter the price now, we still make profit. but today we see bitcoin price is too expensive for ordinary people so if he decide to turn all of his money, then i think its not wise for him because he can get stuck in top price. beside that, i guess that person still need money to buy his daily needs and for this he still need his money to buy.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Everything is risky when it comes to the online world. Scammers are everywhere so i believe that you should your safety first before taking a step. It is better for you to hold your money to have an assurance that your money is secured. is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Putting all your money in bitcoin is too risky because you cannot foresee the gain and losses when will occur it is better to be on the safe side invest not only in bitcoin save something also for emergency funds.
I think it is very risky, you should invest from some of your money, don't make all your money into bitcoin. bitcoin prices continue to progress, but that does not mean all our property is made bitcoin, it is very risky.
Well its not really reliable to turn all your money into bitcoins because the value is not consistently increasing and basically it depends on the supply and demand in the market. I recommend that every investor that wants to start trading to earn bitcoins is to study very well on how the market circulate.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
if you convert all your money to bitcoin then you want to finance your life with what? because not many provide payment via bitcoin. besides bitcoin does have a big risk as an investment but behind the big risks there is a big advantage compared to other investments in my opinion. 
I think it is very risky, you should invest from some of your money, don't make all your money into bitcoin. bitcoin prices continue to progress, but that does not mean all our property is made bitcoin, it is very risky.
Yes it is. Bitcoin is very unpredictable. Sometimes you just miss a great opportunity in a minute if you don't take action. But i think you can lower the risk if you read about bitcoin news. There's a lot of speculations and predictions as to what will happen about bitcoin in the future. It can help you and give you a much better direction as to what to do. But in the end the decision will be yours because your the one who will invest.
Yes it is risky. Everything carries risk. If you believe in Bitcoin show your dedication by converting what you have to BTC. I did it and I've never looked back. The drop to $2000 was a scare but as I knew it would it got back up to over $4000 so seeing bitcoin get through that strengthens my faith in the technology even more. Nothing can beat or bring down bitcoin. They have already tried and failed miserably. xD Good going Bitcoin !!
I don't think it is risky when Bitcoin is stable and a long term cryptocurrency in the market? Afterall, its value will even go higher up to millions in the next decade.
it is very risky, if you are a beginner you should learn to monitor the market and the btc world to to exchange all your money to btc. because if you change everything and do not know how to process it you will get big losses.
The main rule of the investor is the diversification of risks. The more different currencies in your portfolio, the less likely the loss of your savings. I have a rule 50% - btc, 50% altcoyins.
Agreed, there's always a risk for an investment, but in cryptocurrency, the risk are different. Just like other member says that you better split your
money into some percentage of bitcoin and alt. ethereum, dash, litecoin, and ripple are good alt. cuz all cryptocurrency has its own fluctuation,
so make your money split into two or more crypto are the wise strategy.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes if you want to invest your money with bitcoin you need to shoulder the risk because bitcoin price is very unstable there are possibilities that your money will decrease or increase. The risk is when your money is decrease but youll be happy when you got a high profit when bitcoin price is increase. 
It's risky no argument in that ..BTC cannot be replaced with all your money cause the BTC market is highly volatile..Bitcoin has not that level of security as much as real money ..People can lose all their money in a couple of seconds in bitcoin. mainly the insecurity is it's fluctuating price if you are an investor you would not prefer to change all of it into some currency
People can lose their money in couple of time in bitcoin if they got panic because the price fluctuates either increases or decreases. For me, I would not take the risk to turn all my money to bitcoins. I will save some on the banks where it is more safe but I will continue to invest in bitcoin also and do tradings to gain more profit.
Bitcoin is not yet popular enough to be used in many groceries and store, how will you manage the instant transactions everyday or paying services using bitcoin. Imagine the hassle 
At least save a certain percent of your money for daily use and then do what you want with the remaining money.
I am sure the developed world has heard about bitcoin,not everyone might not be using it but sure they would have heard about it,turning all your money into bitcoin does not really mean to invest each and every cent you got,there is a percentage we set aside for every thing and make sure you take bitcoin as an investment who has its own risk but the profits you could earn is high. At least save a certain percent of your money for daily use and then do what you want with the remaining money.
not just bitcoin. think like this; it is risky to invest all your money in one instrument. you should learn to have your eggs in different basket. that is the golden rule in investing.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Does "all" include money in the IRA and in the pension?
I would invest most the idle money in the bank into Bitcoin and keep some for emergency. I would not touch my IRA or pension money though.
of course it is risky so it depends on how much you need your money cause you may lose it all
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think it is risky to convert all your money to Bitcoin since Bitcoin is volatile. It's market value changes every time which would be a risk. You should still need to make sisure that you'll also have fiat especially if Bitcoin is not yet legal to your country. If you're fully decided, you may convert half of it becausr surely, you'll make use of the regular currency. Jump to: