Topic: is it risky to turn all my money to bitcoins? - page 34. (Read 37361 times)
Yes it is risky to turn all your hard-earned money and possessions for bitcoins, bitcoin value does not always go up and down as we all know, and we never know if one day it will receive a huge rate drop. It is wise to invest a bit of your money on bitcoin and study the market well.
Don't turn your all your money into bitcoin, besides from too risky, what will you use in your daily needs. Bitcoin, you wait for longer period to earn so if you turn it all then how will you live without money.
yes, that's too risky. I suggest you put money that out of your daily need and out of your bill, because if something bad happen you will not get in trouble. and if something good happen you still get profit from it.
Investing is risky!
Don't put all your eggs in one basket!
All of you should be effective in portfolio, reduce risk!
You can't invest all your money in one project, you should diversify!
BTC is also risky!
Don't put all your eggs in one basket!
All of you should be effective in portfolio, reduce risk!
You can't invest all your money in one project, you should diversify!
BTC is also risky!
Manage your finances wisely. Getting hyped by an investment and putting all of your funds in it is way too emotional. Not a smart move. Plan it first. Set aside funds for your family's daily needs, the kid's education if you have any, funds for emergencies and funds for savings. Anything that's left can be used for investments. Doesn't matter if its in cryptos or the stock market or real states. Good luck bro.
Yes, it is risky.. you shouldnt dump all of your money on bitcoins because its price is really unpredictable and not all of the investments found on this forum is trustworthy.. if you like to invest in bitcoins you should divide your money into several parts.. if your sure of the project that you will be investing on then its up to you in what amount you should give but remember that you shouldnt invest all of you money on it
Of course it is, just like stocks although BTC is steadily increasing in price aside from up and down in the past
But still do not put all your money into one basket, diverse your investment
Its always risky of course, imagine that you are turning all your money into bitcoin? Why don't you try even at leasta20% of your money righ. I guess the reason why we are here in this kind of business, in this kind of digital world is to earn a coin much better if it were bitcoin then we are aiming to make it as our investment and we convert it into fiat. But still do not put all your money into one basket, diverse your investment
Nope its not risky go turn all your money to bitcoin, sell all your stuffs like your house, your car and all your savings turn it to bitcoin.
(I'm just kidding
) It's not advisable to turn all your money to digital currencies because it doesn't assure you to profit and you'll end up broke if you dive in without any knowledge of what you're doing, just invest what you afford to lose is the best advice. 
Yes it is extremely risky! Do not put all your eggs in one basket.
friend it's your decision If you want to put all your money on bitcoin. or set aside in the bank, we can not say If the value of bitcoin increases, or it goes down until it crashes. You still have to be invest in the bank for your claim If the bitcoin disappears.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
even if its sits only in the bank still that was money and i think its for the future thats why you had put in the bank for safety,that only meanone thing thats your invesment before you had learn bitcoin.Putting it all at once in bitcoin is one risky move,my advice is just make it 50% will remain in your bank for the security of the future,and invest here in crypto the other 50%
Yes,it is verry risky. Much better if you put and invest in bitcoin only the amount that you can afford to lose. Because if you put all your money in bitcoin,it is possible you lose it if you not win or gain profit. Always think that bitcoin price is volatile,it change rapidly.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes of course it was totally risky turning or converting all your money into Bitcoin because even if it was too popular and it caters the capability and capacity of making your money grow into a larger one, we still cannot deny the fact that it is really prone to risks due to its being virtual in the same manner because being a cryptocurrency is limiting your money to just stay in virtual world. What if suddenly Bitcoin will not work anymore due to many negative reasons. How can be your money be useful to you if it was all being converted into Bitcoin which is inline to be a virtual currency.
Of course it's risky, and how risky you could see now when Bitcoin has been dumped and has lost over 50% from ATH. Imagine if you had bought it at 20K$ - you would now be short of half of all your money.
Yes is very risky to turn all your money not only in bitcoin but in crypto currency in general. While you hold some part of your money into bitcoin as investment, is rational you keep part of your money for transaction purpose.
This is the right decision, the money must work. Only before investing you need to get a good look at how this works and carefully approach the choice of a pro-investment investment, as there are many deceptions now.
Yes. Money must wotk to grow. But don't put all your eggs in one basket. I don't think it is a good idea to invest all money in bitcoin. There are many other investments too. I personally believe bitcoin. But I never invest all my money in bitcoin.
This is the right decision, the money must work. Only before investing you need to get a good look at how this works and carefully approach the choice of a pro-investment investment, as there are many deceptions now.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Diversification is key, yes put a percentage of your money in bitcoin but not all of it .
Well if you are willing to go through the hassles of currency exchange whenever you may need some money, then go ahead. I advice you leave some of your money and invest the ones you do not need any time soon, in BTC. You may go ahead to invest everything if you have yourself planned out.
Yeah i think it may be risky.because investing money in bitcoin is like investing money in to a business.if someone investing for something,there is a risk factor associate with it.rather than investing all money u got,its better to invest some money for bitcoins.because then there is no any risk associate with it.
You should leave half of your property to stay. Should not be used to invest in bitcoin. I think so. This crypto market is very dangerous. And you should give yourself a plan B
It will not dangerous to invest your money in bitcoin actually it will very beneficial for you and you will get more profit, but if you have some extra income except bitcoin payment so you can invest your all money in bitcoin and you should hold it for some long time because bitcoin price will more high and your money will double. Jump to: