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Topic: is it risky to turn all my money to bitcoins? - page 30. (Read 37346 times)

newbie
Activity: 14
Merit: 0
Yes, because of the volatility. Be careful and only invest what you could miss in normal life.
member
Activity: 165
Merit: 14
Its really risky. Because we are still in the time where fiat system reigns. Maybe start small then increment slowly in buying bitcoin. Don't put everything in bitcoin. We cant be cettain about its future. Too many factors that needs to he considered for it to be successful. But i think it is worth investing to just dont use all your resources.
newbie
Activity: 4
Merit: 0
It is like on trade market - invest all into a volatile active only if the price limit have not been achieved. So, we can make another topic - have Bitcoin touched its limit?
newbie
Activity: 93
Merit: 0
There is risky situation if you turn your money in to bitcoin. Well, if you don't use it proper and not nicest way it will waste your bitcoin. Be sure it will be invested in good people that is legit.
member
Activity: 378
Merit: 11
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Its most stupid way invest all your moneys into bitcoin, not only bitcoin invest in crypto also.
We dont know what wil be with this market tommorow, all crypto can be go to the zeroprice. But if you have plan for this way you can invest all what you have
newbie
Activity: 33
Merit: 0
i think it is quite risky  to invest all money in bitcoin.as bitcoin price is not stable,it is not wise decision to invest all money in bitcoin.
full member
Activity: 434
Merit: 100
Everything is a risk. Especially when we talk about money and success. There are proof of success that we may see in tge internet but as long as we do not experience it yet, we must hold on and be ready to take the risk. But one thing for sure, if you keep on worrying and getting confused, you will not succeed.
Because if you are afraid to loose a single coin, how can someone give a higher amount of money to you? Turning all your money maybe risky, but the higher the investment, the higher income you will get.
sr. member
Activity: 812
Merit: 250
Ofcource it's risky, the btc market is not that stable for you to invest all of your money in bitcoin, you may lost all of your investments in just a snap without you even knowing. You should not gamble on doing things like that.

Actually, there's no such thing as an easy way when it comes to invest our money especially in bitcoin because the market price is volatile and not stable, so it's so risky to turn all money to bitcoin and like you said you may lost all your money in just a snap without even knowing.
The benefit of Bitcoin brings to us is recognized by many people around the world. We can get high profit very fast thanks to Bitcoin. However, You have to be a professional or having experiences in trading. My brother has traded for 10 years. Then he started investing Bitcoin 3 years ago. He lost even 50,000$ in trading process.
newbie
Activity: 109
Merit: 0
It is risky, atleast save the half on the bank 🏦 incase you need cash for emergency situation the you have something in hand,,, and since bitcoin price is not stable you might consider this as point for your plan.... Anyhow its risky!
member
Activity: 336
Merit: 10
in all investment it is so risky to turn all your money even in real state stock it is too risky. In investing bitcoin is very risky thats why when you are planning to invest always remember invest what you can afford to lose.
sr. member
Activity: 1414
Merit: 260
base on my own experience I think it is a bit risky to turn over all your money to bitcoin since bitcoin is becoming unstable. I think you should atleast give yourself a credit or a chance to enjoy your money. and also you should hide money in your bank accounts so it will also increase due to its interest rate.

For me if i will going to buy some bitcoins i will going to trade it into altcoins, Because in altcoins you can gain also a profit and you can change it into also in bitcoin. And if you have bitcoin it is a chance for you to hold it cause we know bitcoin have a potential increasing the value.
member
Activity: 238
Merit: 10
The more you give the more you will receive. The more you invest the more profit you get. Investing in bitcoin is like gambling. Dont gamble what you cant afford to lose. Always have back up especially in terms of financial. Turning all your money to bitcoin is risky but it worths risking for. Remember bitcoin is decentralized.
member
Activity: 101
Merit: 16
Yes, it is always risky to go all in on anything, especially cryptocurrencies.  Always have some fiat in hand and it would be best to diversify into some established altcoins. 
full member
Activity: 658
Merit: 106
Ofcource it's risky, the btc market is not that stable for you to invest all of your money in bitcoin, you may lost all of your investments in just a snap without you even knowing. You should not gamble on doing things like that.

Actually, there's no such thing as an easy way when it comes to invest our money especially in bitcoin because the market price is volatile and not stable, so it's so risky to turn all money to bitcoin and like you said you may lost all your money in just a snap without even knowing.
member
Activity: 72
Merit: 10
Yes it is a bit risky to turn all your money to bitcoins. Bitcoin nowadays is stable and having high price, but we can't predict a guaranteed future for this crypto currency, or for its price. It will be used and traded for years surely, but the price is volatile, it can going down anytime.
newbie
Activity: 78
Merit: 0
Yes it's so risky, don't make that mistake! Crypto money is an unsure market, you could loose your money very fast.
newbie
Activity: 143
Merit: 0
No is not risky but you will be very hot if bitcoins vanish or your wallet is hacked. for over 9 years bitcoins has been consistent so putting your money in it is not risky but all your money is a dangerous game.
jr. member
Activity: 148
Merit: 3
yes it is way too risky to turn all your hard earned money into bitcoin. Diversify your investments is the best you want to archieve, also don't put everything in cryptos but more like other investments aswell.
member
Activity: 266
Merit: 16
Yeah it's too risky to turn all your money to bitcoin becaue of unstable price. Then if you want to invest here in bitcoin you should try little profit only then if see bitcoin is good to invest then try much more don't invest your all money becsuse you can't predict the price.
full member
Activity: 150
Merit: 100
Any investment has a risk to take. You have to be wise in terms of investment. The value of bitcoin is fluctuating no one can tell if its time to buy or sell unless you know how to read candlesticks.
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