Topic: is it risky to turn all my money to bitcoins? - page 29. (Read 37361 times)
yes I think it is to risky if you invest all your money on bitcoin today. Cryptos are having a correction now and its price is going down. If you want yo invest I suggest altcoin and ICO. I think holding coins is the best option for now.
Yes i agree with this idea. Turning all money in bitcoin is risky specially now because, first of all bitcoin is passing through a very bad period and its price is very low which can really affect on the investisment of people.
second, government are aginst bitcoin and we can one find bitcoin banned in a lot of countries.
second, government are aginst bitcoin and we can one find bitcoin banned in a lot of countries.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes of course you need to limit your self when it comes on buying bitcoin why? Whether you admit it or not bitcoin is not that secure as your banks account or treasured golds.. Turning all your money in bitcoin is just like spending money while you do not have a proper job.. You need to know that in just one (1) click of mistake all your bitcoin will be gone forever in your wallet ..I know that bitcoin is useful in much ways done cash..but the fact that there still need to improve some security issue in that maybe just maybe you can turn all your money in bitcoin.. 
The risk of investing in bitcoin is very high due to very active fluctuations but the risk is proportional to the profit that will be obtained later. If you want to be safe in investing bitcoin then do not invest with all the money you have, just half of it and do real business with the rest of the money is to benefit from the business or you can invest on altcoin with the rest of the money.
Should not. Don't invest all your money on bitcoins unless you are fully prepared for the risks you will bear.
Investing all our money on bitcoin is certainly not recommended. Life and our lives would be disturbed if we do that. Do not forget, there is another things in life that we have to live besides bitcoin.
Should not. Don't invest all your money on bitcoins unless you are fully prepared for the risks you will bear.
It is extremely risky. In the past I had put all my money in Gold and the gold's price tanked. Even Gold can be dangerous, even though it cannot disappear. Bitcoin, on the other side, can disappear. It just exists if its networks exists, and there are a lot of things I can think at which could jeopardize its existence.
Yes it is very risky because bitcoin is volatile. You should invest your extra money.
keep buying btc but never put all your eggs in 1 basket mate 
It is risky. But, what is your expectation about your money? You want them to sit there and lose value?
Also depends if you have a stable income or not. If you have a stable income and some savings aside, it can be safe to convert part or even all of your savings into BTC.
Also depends if you have a stable income or not. If you have a stable income and some savings aside, it can be safe to convert part or even all of your savings into BTC.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think that you should not throw all your money into bitcoin even we know that it has 99.9% it will rise however there is still a very slim chance of 0.1 that it will drop instead of rise. I was a forex trader from the start and i got some free time so i started to come into bitcoin to learn on this and i once read before you should only trade those money you afford to lose rather than your whole assets.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is like putting all your eggs in one basket. Very risky to do that. Although you can decide to risk it for 24 hours. If the price goes up, you withdraw this extras.
It is very risky to turn all your money into bitcoin because if bitcoin goes in a dip then you will lose all your money that is why it is smarter to invest just 30 to 50% in bitcoin and if you make profit with that you invest more.
It's least risky to turn all your money into bitcoin.Still there remains some question for bitcoins are not legal in most of the countries.So,you may face difficulties as long as it gain legality.But bitcoin will give you a huge number of advantages that may overcome it's dark side and go a long way.You can hold bitcoin,(it's price is raising rapidly),exchage it from any corner of the world without expressing your identity,can trade though it and even you can do shopping in online etc etc.My suggestion is you can turn most of your money into bitcoin but keep a little amount of money with you only to avoid unexpected situations.Best of luck./b]
Yes, it will be risky, diversify in atleast top 5 cryptos, but yes btc alone can be lucrative once it resolves its scalability issues.
I think it is risky to turn all money to bitcoin... because when Bitcoin price is down, at that time all your price will be be decrease & sometime you won't find the same amount again...
Yes indeed it is risky. Given the fact that bitcoin is done online thru internet, there are many hackers (black hats) waiting for your wallet to be filled and then boom! All of your investments are gone! That's why there's a warning that you should always withdraw the coins in your crypto wallet to avoid severe issues such as massive loss of money. You can turn some of your money into bitcoin, but make sure to trade it in days but not so much long before it's too late to know that your money is gone.
Yes it's risky to invest your all money in bitcoin. because crypto is a highly volatile market any time you will loss your all money. but if you have free money then you can buy some bitcoin.
The rule of trading states, Invest only that much that you can afford to loose. So yes, definitely its risky, as crypto is a highly volatile market unlike fiat currency. Our fiat currency is something we can trust, the money we own is what we will have with us. Even if it doesn't increase we can be assured it wouldn't even decrease.
It's not recommended to put all your money in bitcoins to reduce the risk investing in stocks or saving your money in the bank is also a good choice. Don't put all your sugar in one cup coffee
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