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.
Topic: is it risky to turn all my money to bitcoins? - page 188. (Read 37348 times)
I think I would be very risky to turn all your money to bit coin because investing always have a risk... I think it will also depend on how you will use your bit coin. And also the price of bit coin is not constant there will be days that you can exchange it to higher values and there will be days that it has lower value...
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Please keep some funds for your future and family too since Bitcoin price can go up and down so their will be a loss too. however you will gain profits on one day.Bitcoin is different than original money as you can spend bitcoin only the shops who accepts it, but your money is accepted in every shop, so think wise and invest it.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it would be risky but it would be not if you know what you will do. Before turning all your money to bitcoin, have your goals first. Focus on your goal and do an effort and spend more time to it. Then you will be successful with your money. You can gain profit with your money that you invest in bitcoin. It always depends on the person who manages his/her bitcoin.
not really recommended, how you gonna pay your energy bill or at a local shop which outragesly not accept bitcoin?! Its not yet suitable for only holding btc.
If you will put it on one only investment it will be risky of course
all of business have risk need to take and it will depends on every situation
then if that will succeed then your investments will result to happy ending.
I think you dont need to change all your money all instead earn it free here and do invest with that free earnings
all of business have risk need to take and it will depends on every situation
then if that will succeed then your investments will result to happy ending.
I think you dont need to change all your money all instead earn it free here and do invest with that free earnings
Definitely yes! It is very risky but it is still up to you if you are a risk taker then go. But for me, I won't going to do that, just remember the phrase "Only invest what you can afford to lose".
Indeed very risky but looking at the value of bitcoin, it's really surging and looks pretty fine. If only i got enough money, i would invest in trading too and willing to take the risk because i think bitcoin is a long term cryptocurrency.
some says that if you dont split your money or coins in different wallet it till be dangerous
but I think it will be risky if you invest regarding to BITCOIN and also if you use it in like gambling or trading
it will not be risky if you put it on wallet and store it for long time but your coins will sleep only
but I think it will be risky if you invest regarding to BITCOIN and also if you use it in like gambling or trading
it will not be risky if you put it on wallet and store it for long time but your coins will sleep only
change all your money to bitcoin? do not ever do that, your daily life will cost you, and you have to remember that. Investing in bitcoin has the potential to have a big advantage, but you also have to know, all this is risky, because no one knows the price of bitcoin will continue to rise or just the opposite. So, use your money in a wise way.
It might be risky because bitcoin's value is unpredictable and unstable. Its wiser if you'll just store money in your bitcoin account which you can only afford to risk. There is no denying that bitcoin may cause you big return of investment in the future but you still have to consider that storing all your money in it may cause you more consideration once you need and have to spend it. For example, you have to cash out your coins because you need cash, you have to pay transaction fee for the amount you will cash out. Instead of doing that, you should reserve money on hand. Maybe in the future, you can store all your money once all retail and institutions accepts bitcoin.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Its very very risky when you put your entire money in bitcoin and not keep at least a small portion in bank. In banks you can withdraw your money whenever you want and it will hardly take any time. But when you withdraw bitcoin it will take more time. Its always suggested that you keep your money in different places as you can have a backup as a Plan B when Plan A fails. 
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it is,, shock? because risk is part of investment and it is not only applicable to bitcoin or in cryptocurrency,, it is also present on stock market investments.. It is better not to just all in but to be smart enough to portion it accordingly to what or how big is your willing to loss.. You heard it right,, in investment is a gamble you must have to be ready to loss some to profit bigger..
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes, it's risky to turn all your money into bitcoin. Bitcoin is volatile and if you know what you are entering you understand the risk that you'll be taking. And if your money is just staying in the bank and earning with a very low interest better to take the risk in bitcoin by buying at dip and wait for it to grow. The profit in bitcoin may grow in lesser time than your expectation. More risk, more profit but invest only what you afford to lose.
I will not do that Investing all of money in Bitcoin.
I rather keep all of my money in Bank because at least I know that I have some saving, But In Bitcoin we don't really predict anything and anything could happen the price can go really low in no time. Also, When we will exchange Bitcoins for Fiat it will costs us fee we will lose money there again.
Just invest half of your money in Bitcoin so, if anythings goes wrong you will have some in your bankroll, you can gain your money again with the rest of money.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
You should be always aware of the risks associated with such investment. Research the whole history of Bitcoin first and you'll see that BTC is a highly volatile currency, which means you can see 10%-15% drop in one day, and if you'll panic and sell in that day you'll simply lose 10-15% of your investment and that would be it, you'll hardly invest in Bitcoin again.
Having said that, I still think Bitcoin is a good investment, but it's a good long-term investment, you may lose part of your money thinking short-term.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Never put all of your eggs in one basket. you must have a diversified portfolio; never invest what you can't afford to lose. don't get into this game relying on hope, instead it must be calculated risk. Good Luck
Yes, I would say its kind of risky to turn all of your bitcoins into money because bitcoin's prices are not stable. If you get lucky and the bitcoin prices rise then you will surely make a lot of profit, but if its value falls then you'll lose a lot of money, so i wouldn't suggest doing a risky thing, you should put in some money but not full 
It is very risky to use all your money to purchase bitcoin because of high rate of cyber crimes nowadays .Hackers are developing different ways of phishing. I advice you to invest some in bitcoin and still leave some percentage in your bank account.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yeah of course. Risk is always involved on any decision. Before choose to something you have to understand what the risk of it.
Learning is beginning of everything. When you learn then you will understand. I prefer to split my money into another coin to recover if there is lost from another.
It is too risky to put all your money into bitcoin. It is tempting to do when you see the market go up and up but once it drops, you will start losing your money and all the regrets will begin to come in tied up with panic and fear. I hope you would save yourself from that. May I suggest that you diversify your savings into different banks, coin wallets or investments if you may.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Its okay to put your money in the bitcoin but I think put money that you can loss because in investment there is always a risk. Jump to: