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Topic: is it risky to turn all my money to bitcoins? - page 21. (Read 37346 times)

full member
Activity: 168
Merit: 102
I do not think that you will greatly diminish if you make a contribution to the bitcoins for at least a year. It will grow during this period 100%. After all, he has grown so in six months. In this case, you need only a little bit of courage, determination and knowledge. Do not miss the moment. After all, it can not happen again.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
I think no risk if you turn your all money to Bitcoin rather you get profit from Bitcoin for investment.
That will be greedy habit which is not good for any investor and it also not good to put all eggs in one basket.  However,  those investor who invest lavish into crypto curreny due to it plunge will end up loosing their investment because crypto investment have ways.
newbie
Activity: 179
Merit: 0
Of course it is. I will not repeat the phrase that everyone has already written here. So, if you really afford to theoretically lose these money —  go for it. However, I’m sure that this won’t happen and bitcoin will continue growing, at least for the nearest future of couple years.
jr. member
Activity: 462
Merit: 1
Converting of all your money into something or invest somewhere is always risky, it is better to invest some part.
newbie
Activity: 182
Merit: 0
It was too dangerous to give all our money to invest, and as a newbie I don't have the courage to do so. The price of the bitcoin it is very fluctuating we don't know with certainty where the direction of the price even for skilled it is impossible to know the price of the bitcoin 100%.
newbie
Activity: 85
Merit: 0
yes it is very risky to turn all your money in to bitcoin because the bitcoin price always change. the fluctuation in price of bitcoin is very good reason why you should invest all your money in bitcoin and no one knows what will happen in future.
member
Activity: 168
Merit: 10
Yes it is because bitcoin is just like a investment but the interest is it depends of bitcoins price. If bitcoin is low, it is really risk to withdraw. While if it is high, it is the vise-versa of it. Sometime bitcoin is really high and you just need to have a great timing. But turning all your money to bitcoin is not suggestable.
newbie
Activity: 84
Merit: 0
Yes, it is very risky and also stupid. You should keep your savings in different currencies and assets
newbie
Activity: 126
Merit: 0
 I think no risk if you turn your all money to Bitcoin rather you get profit from Bitcoin for investment.
newbie
Activity: 50
Merit: 0
It is risky to turn all your money in bitcoin because the market is going down nowadays. But turning about 30% can do.
full member
Activity: 199
Merit: 100
0xB911101025014BfCaA3B17BC7683C0817489bB28
yes, it is very risk to invest your all money in one scheme.It also depend what level you entering but no body know, how much gain will be there. Is you will invest your all money in one investment scheme, it will create a panic on it's every monuments.
sr. member
Activity: 812
Merit: 250
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is risky ofcourse because the value of bitcoin is volatile which clearly means there's a big potential of having your money lessen or improved depending on the situation. Many people regrets turning all their money to bitcoin because it cost them a wide lost of money while on the other hand, some lucky people benefits a lot after converting. It's just a matter of luck and timing so better be careful next time.
Don't do that seriously. You must be a professional trader with a lot of experiences if you want to turn all money to Bitcoins. However, a wise man don't do that. How do you sure that you will get profit in the future. I can deny that Bitcoin is said to be the fastest way to be rich but it still have risks.
jr. member
Activity: 30
Merit: 2
Yes, that would be horrible judgment. Take a note from people who have been making money in other, comparable investments models since investing was a thing - diversify. That doesn't mean you can't have a substantial amount in crypto/bitcoin, but to put all of your money in ANY single thing is just a bad strategy. We can't entirely use past results to count on future outcomes, that's why people got screwed in the dotcom bubble, in the housing bubble, in the tulip mania bubble for crying out loud. I personally have substantial crypto holdings and think that there is a great amount of additional profits to be realized, but you should always hedge your bets.
sr. member
Activity: 910
Merit: 251
It's not risky if it's small amount of money. but if you going to put all your money you need to diverisfy all your money not just in bitcoin but there's an altcoins that will give you alot of bitcoin..
newbie
Activity: 65
Merit: 0
It's very unwise and risky mate, since btc fluctuates sensitively because of it's high volatility. We can't guarantee the growth of your money invested in btc.

But greater risk also means greater gain/loss. It's all about your luck and timing and also do some research before investing on any something. Because the idea of becoming rich in a short period of time is really tempting specially in btc.
full member
Activity: 209
Merit: 100
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is risky ofcourse because the value of bitcoin is volatile which clearly means there's a big potential of having your money lessen or improved depending on the situation. Many people regrets turning all their money to bitcoin because it cost them a wide lost of money while on the other hand, some lucky people benefits a lot after converting. It's just a matter of luck and timing so better be careful next time.
newbie
Activity: 32
Merit: 0
It is extremely risky to put everything into bitcoin. It is important to be diversifying your portfolio.
member
Activity: 237
Merit: 10
Presale is live!
Yes it’s risky putting your all money into bitcoin . If we know 100% concept of bitcoin and it’s market the final picture of bitcoin is , bitcoin is trading it may get good profit or huge loss also . So investing all money into bitcoin is very danderous .
newbie
Activity: 133
Merit: 0
putting all your money into bitcoin is a risk I will never advise anyone to take. the heist risk anyone can take is to invest all his/her into one site either ones you know too well or the ones you barely know. In my little experience on internet investment I have stationed my policy on the rule that says "never put all your eggs in one basket. there are lots of legal and legit online investment you can invest your money into and have rest of mind even on some cryptocurrency.
 never invest all your heard earned money on one bitcoin, pls be wise.
member
Activity: 532
Merit: 15
Yes, it's way too risky, only invest the spare money in any investment, that's the rule.
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