Topic: is it risky to turn all my money to bitcoins? - page 25. (Read 37348 times)
I wouldn't suggest you invest all of your money at once into bitcoin, try doing bit by bit. That would be the best
I think so. Bitcoin is unstable.
We should control risk and invest half of our assets.
Because the price of bitcoins will change at any time.
We should control risk and invest half of our assets.
Because the price of bitcoins will change at any time.
That may true in the short term, but in the long term no one knows,
but Don't concentrate all your prospects or resources in one thing or place, or you could lose everything.
by the way I think BITCOIN is best investment advice,
but Don't concentrate all your prospects or resources in one thing or place, or you could lose everything.
by the way I think BITCOIN is best investment advice,
There's nothing harm turning all your fiat into bitcoins and this is the perfect time to buy bitcoin since the price is bit low. But, I suggest you to have some fiat for emergency or to face any unforeseen circumstances, you may turn 50% of you fiat to bitcoin now and have rest in bank itself. Once your country accepts bitcoin legally then you may choose to turn all your fiat to bitcoin. Hope only Japan have legalized bitcoin transactions so far.
A lot of people do not believe in hearsay maybe an evidence will help them understand what is bitcoin and how does it work and help in a society. really isn't anything risky, otherwise, it would be the option most logical and prudent you would take.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Of course it is risky to turn all your money to bitcoin because bitcoin is an unstable asset or currency, which means the price can go very low and it can go very high, so what if the price of bitcoin gets very very low? Then it means that the equivalent of your money will become very low also. So, if I am you, I won`t convert all of my money to bitcoin because it is really risky. is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Totally it is risky turning all your money to bitcoins. As what they always say here just invest what you can afford to loss. So that no regret in the future just in case worse happens.
Yes, It is too risky to invest all your money in Bitcoin. Because market fluctuations is inevitable the price could go up and go down in a snap. It more advisable to invest if you have excess money especially if it is for long term basis.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it is risky, but it depends on the amount of money you are going to invest in. If it is about the big amount of money, you should invest part of it, every investment is risky, but it might be very profitable.
I would never ever invest a huge amount of money in BTC (unless I'm a millionaire and want to gamble) and I also don't understand how some folks invested even their living expenses into crypto.
yet I still believe in crypto but I won't think that everything is cut in stone and you'll win in the long term.
yet I still believe in crypto but I won't think that everything is cut in stone and you'll win in the long term.
If you tke the risk you are responsible enough to manage it to make your bitcoin becone successful.The price of Bitcoin is very volatile and you need to know that anytime the price could go dramatically high or have a big drop. Besides, no investment is risky free. Investment always have risks and it is up to the investor on how they can manage and minimize the risk. And another thing, no one should actually turn all their money into any investment.
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.you are not gambling here by the way , still you need to make a careful analysis . just to make sure you won't sell it anytime in any condition . that's the meaning of taking risk allin investment for me.
yeah may be it depends on current market . May be one day BTC will be dump forever
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It’s very risky and strange to do that in this volatility and high fees
How will you live day to day? Food / rent / mortgage / expenses ect still mostly 90% done via Fiat cash or bank
Yes it is incredibly risky! Bitcoin relative to a bank is highly unsecure and you're far more likely to lose bitcoin than currency stored in a bank. Everyone says this, but it is best to only invest money that you can afford and are willing to lose into Bitcoin and any other cryptocurrency.
If you have money in the bank that isn't doing anything, consider investing a portion into cryptocurrency and another portion into more safer investments such as an ETF or P2P lending.
If you have money in the bank that isn't doing anything, consider investing a portion into cryptocurrency and another portion into more safer investments such as an ETF or P2P lending.
Yes it's a risky thing to do. Just like in any other kind of investment, it is not wise to put all your money. They say that you should only invest what you can afford to lose. Bitcoin value is fluctuating. Its value will sometimes go really down. Invest only a part of your money. Also it would be a good thing to do research about bitcoin to have a knowledge of the right way of investment.
Yes it is incredibly risky! Bitcoin relative to a bank is highly unsecure and you're far more likely to lose bitcoin than currency stored in a bank. Everyone says this, but it is best to only invest money that you can afford and are willing to lose into Bitcoin and any other cryptocurrency.
If you have money in the bank that isn't doing anything, consider investing a portion into cryptocurrency and another portion into more safer investments such as an ETF or P2P lending.
If you have money in the bank that isn't doing anything, consider investing a portion into cryptocurrency and another portion into more safer investments such as an ETF or P2P lending.
It's entirely up to the strategy. If u are considering lon term investment in gol or other currencies. If u want to buy and sell like me, i suggest u use bitcoin or other coins.
As a recommendation i would like to mention. Never do buy-sell without doing graphical follow-up. You lose money.
As a recommendation i would like to mention. Never do buy-sell without doing graphical follow-up. You lose money.
As you already know Bitcoin virtual currency is now priced at over $ 16,000 / Bitcoin, with such value, investing in Bitcoin will be risky and risk losing. when investing in Bitcoin at the moment? Investing in Bitcoin to make money is not controversial because from a few thousand dollars worth a bitcoin a few months ago to the present time it has risen so high? But adding such value leads to a lot of risk because we do not know the stop or the end of Bitcoin. Can you get rich or go bankrupt?
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Yes it is risky, bitcoin's value goes ups and down because it is unstable or volatile. And you should be monitoring it all the time. You need to be patient, if I were you, I would only turn 40percent of my money and alot the rest to ETH or Ripple.
It is not necessary to turn all the money into bitcoin because Bitcoin is unstable and no one knows how much it will happen in the next second and how much volatility it will make and if you want it, you can invest half.
To be frank with you, that's not a wise thing to do when investing. As you can see, Bitcoin is not that stable in terms of growth nowadays. You must diversify your money into different income generating tools to be safe. That if ever one goes down, you have another tool to back it up.
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