Always keep two things in mind before investing in virtual currency market.
1. Always diversify. Never invest in any single coin. Always try to find more than one coin which has a good potential and a decent trade volume in the market.
2. Never invest every single penny of your savings at once. Always, use SIP route. It is known as "systematic investment plan". The basic idea is to invest a certain amount of money at a certain interval. A little Google search will tell you more about this strategy.
Topic: is it risky to turn all my money to bitcoins? - page 27. (Read 37346 times)
Yes, it is a big risk when you put all your money in one thing, there is no difference between Betcuain or other This tip because a producer or project in his life does not put all the money in one place
It's unwise to invest all your money in bitcoin. Bitcoin is not stable and you need to diversify your investment.As many investors say "only invest money you can afford to lose". You can also try altcoins like ETH. Do some research to help you decide easier.
Right now BTC has only 35% of quota, I think is still pretty safe to stay in BTC.
It's not just risky but also not a wise thing to do. The wisest thing would be to have a diversified portfolio. Invest your money in various different coins or businesses for if you lose in one you can cover the losses from other coins or businesses.
Such a good advice. All of investment always have risk but it is too much risky if we put all our investment in bitcoin. Dividing our money may put us at a very low level of risk.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think you should not spend all your money to invest in bitcoins, so it's very risky. The money you leave in the bank can be lucrative; But if you buy bitcoin it can reduce the bitcoin price and you will lose a huge amount of value. If you have the talent to predict bitcoin prices and invest in a reasonable way, good luck and fast in the future.
I will not put all my money in btc..there are many hackers now..we need to be more extra careful..
It is very risky to put all your money in bitcoin because one need to diversify and not to put all eggs in one basket.
Obviously , it's very risky to convert all your money in bitcoin . As bitcoin is still very volatile, therefore can suffer a lot of ups and downs which may shock your heart every day. so, not all the money invest 20-40%only for longer period.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
yes it is, I say investing itself is a risky thing to do because you are not sure of what is going to happen. when you buy bitcoins, you should never put a certain amount that you are not ready or willing to lose. Bitcoin is a risky investment and you should be aware and thinking of that always. If you want to turn all your money into bitcoin, that's your choice but I recommend you not to do that since bitcoin is highly volatile which means it is continuously changing in price, if the tide is in your favor, you are too fortunate. 
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
yes it is, I say investing itself is a risky thing to do because you are not sure of what is going to happen. when you buy bitcoins, you should never put a certain amount that you are not ready or willing to lose. Bitcoin is a risky investment and you should be aware and thinking of that always. If you want to turn all your money into bitcoin, that's your choice but I recommend you not to do that since bitcoin is highly volatile which means it is continuously changing in price, if the tide is in your favor, you are too fortunate.
It is definitely risky. you should always divide your money into different investment tools like cryptocurrencies, stock, commodities etc.
I think you should be carefull if you want to exchange your money into Bitcoin, try to find out the good time to do it.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
If you are fine with loosing all money, you can invest. This is why people recommend to diversify.
Certainly it is risky to invest all money in Bitcoins. Diversify as much as you can and also consider alt coins.
too risky. All your investment in cryptocurrency alone is risky, but if you know when to exit, it might be ok to invest in cryptocurrency, but you need to exit in every 1-2 months with 20-30% gains, but even then all in bitcoin is absolutely too risky, you should never do it. All investment in top 10+ cryptocurrencies is fine as long as you know when to exit temporarily.
Yes. Its too risky to turn all your money to bitcoin. It is a golden rule that you must not invest all your money in investments. The only money you should invest is your extra money, it means you should turn those excess money of yours into bitcoin so that if something bad happens, it wont affect yoy much
A man with a good head will never do that. I can only lay half of the money I have in Bitcoin, which is a great risk but I can afford it. The other half of the money is in my pocket. I assume that you know what i'm sayin... If you are afraid to take the risk of long term investment, it is best if you will take profit consistently.
it is not risky if you buy your money to invest in bitcoin because the bitcoin investment is very profitable,but in order to gain profits also you need to take risk so if you are ready to take the risk means then go for it buddy sometimes it might change your life for the better. Always keep in mind that investing half of the money is less risky than investing all your money like there should always be a second option if the first thought does not work.
Of course "all in" behaviour is risky for all investment instruments. You have to share risks to different instruments. Especially for cryptocrurencies. Because this market is too volatile to risk everything just for bitcoin. I don't recommend it 
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