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Topic: is it risky to turn all my money to bitcoins? - page 32. (Read 37361 times)

full member
Activity: 182
Merit: 102
Definitely Yes, putting all your money in bitcoin is indeed risky. Because crypto world is very unpredictable, nobody knows what will happen next. But if you’re willing to take the risk, there are only two possible things that could happen. It's either you'll end up rich or broke.
newbie
Activity: 168
Merit: 0
Dont turn your all money to bitcoin. As of now, only limited store accepting bitcoin as mode of payment. So once you convert it all, what will you use to purchase something you daily need. Wait for the time that bitcoin is accepted nationwide.
newbie
Activity: 266
Merit: 0
yes it is risky to turn all money to bitcoins u never know what will happen if any sudden dump happen then u may end up with mini heart attack
full member
Activity: 196
Merit: 100
Yes very risky to turn all your money in bitcoins but the rewards are very promising which will totally changed your life, Remember bitcoin expands and rises its value so fast, the reciprocal of it is also the same when it turns to decline. Invest a worth something you can afford to lose:)
newbie
Activity: 99
Merit: 0
That was very risky because all the money you in bitcoin and can make you uncomfortable because there is no regulations set by the state.
newbie
Activity: 90
Merit: 0
Without a doubt, turning ALL your money into Bitcoin can be risky. It is prevalent how the value of Bitcoin can be unpredictable and is constantly fluctuating.Investments in any form are risky but if you want to invest do it in a calculated risk.
member
Activity: 246
Merit: 13
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 is really risky, especially to those who are afraid of the bitcoin. You should not ask us if it is riaky because you should know that the moment you enter to this forum you should already know the risk. The risk of bitcoin is not so risky but it is so risky for those you are coward. You want to invest in the bitcoin but you are afraid? Take that risk! The riskier it is, the more money or income of profit you are going to earn. Trust in bitcoin's potential and invest in it. I am very sure that you will be happy for the result.
newbie
Activity: 74
Merit: 0
 Good and bad people in everywhere. So you can invest a risk free amount that you can bear.when everything is invested into it sometimes can't overcome. So it's good to diversify even if the devaluation of the currency happens.
newbie
Activity: 85
Merit: 0
yes it is very risky to turn all your money in to bitcoin but the profit in bitcoin is much better than your other investment in any funds. you will continues touch with the price of bitcoin than invest your some amount of money in bitcoin.
member
Activity: 280
Merit: 10
Yes, it is too much risky to turn all your money into Bitcoin. Bitcoin's market condition is not stable it's like a roller coaster kind sometimes up and sometimes down. The best choice as the saying goes, do not put all your eggs in one basket.
hero member
Activity: 2590
Merit: 644
It is very risky to turn all your money to buy bitcoin because the price of bitcoin unpredictable. So my suggestion is use half from your money to buy bitcoin. Dont sell anything like car, or house or land to buy bitcoin. Just use your money you have now.
The volatility that makes the investment in bitcoin very risky. You are right that the market is unpredictable but we can find some pattern in the market of bitcoins that will help us to determine if it is really worth it to put all of our money or almost all of our money. If we are going to based to the chart of the bitcoin it seems that the only way of the price is to go up and even though there are lows or dumps, it doesn't matter compare to long term price action so i think that at the end of the day, the risk of investing in bitcoin is not that high.
jr. member
Activity: 84
Merit: 2
Yes, it is risky to turn all of your money into bitcoin, bitcoin is changing its value all the time and we can't say the fact when it was turning higher again
sr. member
Activity: 864
Merit: 284
It is very risky to turn all your money to buy bitcoin because the price of bitcoin unpredictable. So my suggestion is use half from your money to buy bitcoin. Dont sell anything like car, or house or land to buy bitcoin. Just use your money you have now.
member
Activity: 112
Merit: 10
Is it risky ? Of course it is, but sometimes risk is worth everything. People who risk , get more emotions and have more potential to become rich  Smiley So don't be afraid and take a calculated risk.
newbie
Activity: 49
Merit: 0
Why only on BTC , there are a lot of coins to invest in.
There are coins safer than BTC. And coins where you can make more money.
newbie
Activity: 351
Merit: 0
Of course, yes. It is not advisable to turn all your money to bitcoin. You can invest your other money to the other things and other money you can invest to bitcoin. Investing in a particular thing should be think twice and be wise. Trading is not easy, we cannot guarantee the highs and lows of the bitcoin.
newbie
Activity: 117
Merit: 0
better invest to good ico projects becose now waves 2 of icos money
newbie
Activity: 15
Merit: 0
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. Anything that involves investing money are risky that is why we have to really think things throroughly. Unless you are a huge risk taker and wants sone adventure in life then go ahead and invest your money. Just like what they say, you have to take the first step to move forward. Besides, we only live once so might better take any chances in life so you won't regret any thing and live your life on what ifs.
legendary
Activity: 867
Merit: 1000
trading is different gambling, trading is need a skill and analysis. we are know that trading of bitcoin is very risky
because the high fluctuation. the best choice do not put all your money, it is better to use your money you can afford to lose it.
member
Activity: 364
Merit: 10
Ofcourse it's too risky. Don't put all your money to bitcoin. If you do that you will become a gambler. :p What if you need your money for emergency purposes? What will you use?     
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