Topic: is it risky to turn all my money to bitcoins? - page 3. (Read 37359 times)
it is definitely a risk turning all the money into bitcoin.but you can invest some amount .but not now btc will dump to range 6000$ then you can get more bitcoin.i think this is the best thing if you really want to buy bitcoin for a long hold
Yes, because bitcoins is unpredictable, the money you invest in bitcoin considered to be your losses, anytime of the day. It will collapsed in an instant and nobody institution from central bank, back up
bitcoins for insurance whenever it drops down it is considered lost. Even it is risky most of us eager to invest, because they can afford to lose their money and some other believe that " the greater risk, the higher returns profit"
bitcoins for insurance whenever it drops down it is considered lost. Even it is risky most of us eager to invest, because they can afford to lose their money and some other believe that " the greater risk, the higher returns profit"
turning all your money into a bitcoin is so risky because we dont know when will the value of it turns high the same way as it goes down. much better if you invest your money in various businesses.
its never too late to start, just dont try to mine bitcoin because its 100 percent failure! just invest and buy bitcoin then leaave it on your wallet for half or a year ! it will be a good outcome later !
It is not a failure if you have a lot of patience and if you want to have a passive income and the most important is, if you are in the country that doesn't have a very expensive rate for electricity because that is the reason for a miner to be born. Mining is still profitable and a lot of people are doing this and i have a proof for you and that is the people who are sustaining the network of the coins.
Yes. As what they said, you should not put all your eggs in one basket. You’re taking risk with the decisions you made here in bitcoins. Just invest enougj money that you can afford to lose.
If you need money now you can do this absulutly its your choose but if you dont need this money wait for it bitcoin will be 20 k dollar in months
its never too late to start, just dont try to mine bitcoin because its 100 percent failure! just invest and buy bitcoin then leaave it on your wallet for half or a year ! it will be a good outcome later !
You should never convert all your FIAT money to Bitcoin. Only invest what you are willing to lose.
It's an investment so it has a risk, not recommended to invest all you have. Do not put all your money in one investment, spread to other financial assets like stocks or bonds. Investment pros always say that never invest more than you can afford to lose.
yes, you have many choice so don't limit yourself. Maybe you can decide in productive way like investing half of your money and put your half in trading. Don't pressure yourself my friend and I suggest that invest only you can afford to lose.
No it is not, I have already sold my 5 houses, 4 flats, 2 cars, 3 motorcycles and 1 yacht. Everything is in bitcoin , I bought it for 300 $ each.
if you can do it in the right tome there is no risk . you will make a huge profit so find the best time for doing it if you want to do so ..
In my opinion it is not riscky only for bitcoins but it is always risky to turn all money to one bank or one investment. It would be wise to split the investment.
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 because it's price can fall anytime and if you need the money you can lose many of them
yes risky if you enter all your money on bitcoin, when you enter the cryptocurrency you take risk and of course you need to accept if you lose, you can also start investing at a little.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
If you don't know, ask your mom.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Don't forget the no. 1 rule. Never put all your eggs in a bucket. So my answer is a BIG NO, you should not invest all of your money into Bitcoin only. Instead, there are many coins and tokens, you can look out. I suggest invest in other projects that looks promising like ETH, Ripple and various tokens like electronium, crypterium and bankex.
if I think it is very risky if the money you have everything is stored in bitcoin because it is likely there will be thieves who do not want to be responsible for his behavior.and you could have experienced an unexpected loss before.
it is risky to turn all your money to bitcoins. Because it is all your money it’s like 100 or nothing. I know that you can invest and earn flinty of money. But are you sure that you want to give it all or use all your money to bitcoin? Can you afford to lose all your money? If you can afford to lose all your money go.Let's turn all the money into bitcoin which is a right choice, because bitcoin value is increasing and it is altcoin that has a lot of potential. Decide and implement it.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It not as long as you believe and trust for it youronwy will gonna triple triple because of bitcoin to Jump to: