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Topic: is it risky to turn all my money to bitcoins? - page 35. (Read 37346 times)

member
Activity: 392
Merit: 10
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
newbie
Activity: 58
Merit: 0
Yes never go all in, remember bitcoin is a bubble waiting to burst anytime. Do not be confused bitcoin is different from blockchain technology. So learn to invest in cryto alts.
legendary
Activity: 1596
Merit: 1034
Bitcoin price movements are particularly vulnerable to issues that develop at any time in different countries. So, if we invest all the money on bitcoin into doubt that cannot be avoided by all traders in the world. But, if you dare to take the risk, it does not hurt because when bitcoin prices soar then you will get a big profit from the bitcoin investment.
member
Activity: 182
Merit: 10
Unfortunately, yes, all ways to earn well, and especially investments, have risks. Therefore, you should think about whether you are ready to take such risks.
jr. member
Activity: 134
Merit: 1
Investing in bitcoin or altcoin is very risky, it could be that the funds we invested increased (profitable) or even reduced. Given the nature of fluctuating bitcoin or altcoin, it is smart to invest in managing the funds used for investing with our daily finances. Think of an alternative way if the price of the coin we buy has decreased over a long period of time. Do not get because the drastic decline in coin prices makes us frustrated.
hero member
Activity: 966
Merit: 500
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Looking on the thread it seems like great discussion is happened here. That’s really interesting because the answer on the question is very simple it is too risky to put all your money into one pocket.
newbie
Activity: 1
Merit: 0
How do i remove my 2fa code feom my bitxoin wallet
full member
Activity: 461
Merit: 101
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.
full member
Activity: 162
Merit: 100
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

I think it will be risky if you turn all your money into bitcoin. We all know that bitcoin is volatile, we might get loss profit or gain profit. Maybe it is not risky if you turn your money into bitcoin if bitcoin price is very low. One more thing is, in our country if you put your money in bank you will get an interest but its just little.
member
Activity: 294
Merit: 10
if you leave money in the bank. Interest is only 1.6% a year, if you invest in bitcoin. It had a 500% interest rate in just a few months. 1 simple problem. However. leaving money in the bank will be no risk.
member
Activity: 266
Merit: 10
In my opinion it depends on how you play the game of bitcoin.  Bitcoin may pump or dump its value but try to involve your money in trading and be wise, maybe you may take the risk. Eventhough it is risky but when the time comes it may doubled your money.
sr. member
Activity: 585
Merit: 251
I think so. The bitcoin market has big fluctuations. You can make money, and lose a lot of money.
member
Activity: 118
Merit: 10
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
hero member
Activity: 924
Merit: 505
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes its risky any investment involving money are risky maybe invest some not all your money for your own safety. Bank is a good one where you can keep your money but not give much interest but its okay to than to invest all.
newbie
Activity: 22
Merit: 0
Yeah its truly riskiy if you invest in bitcoin But its in you if you know how to play with it and to make it double as how much you have invested on it.and also to be alert on the prices of it ..Bitcoin's prices realy are not so stable tho..but its the best Investment youll ever do if you just have it
full member
Activity: 154
Merit: 100
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 bitcoin is volatile.As a result of investment is certainly a risk
hero member
Activity: 910
Merit: 501
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Investing all mones in just one asset is always a risky thing.
There is always the chance that your expectations are not fulfilled and your money is gone.
My strategy is to spread the investment as good as possible. That will not bring you the most profit, but it ensures against totall loss.
And to avaoid losing money that is the most important thing at investments.
jr. member
Activity: 37
Merit: 2
Sure it's risky. Still bitcoin is so volatile you can easily lose a bunch of money right the next day after you transfer your fiat to bitcoin. But you can also get a bunch of money. You can never know for sure, that's why it's risky. Turn just a part
newbie
Activity: 37
Merit: 0
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think it is.
How much I believe in Bitcoin and the alts it is still an unknown market.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
I think your decision is very risky. It's unwise to invest all your money in bitcoin. Bitcoin is not stable and you need to diversify your investment.
The existence of bitcoin enclosed with inherent risk and turning all your money would be reckless because bitcoin lacks a guaranteed value.
it's better to find the bitcoin do not use your treasure, because it is very risky, let alone our treasures we have been looking for with our lousy characteristics, and we take high risk by exchanging into bitcoin. it's better to search for small bitcoins first.
its not only risky.but its crazy why need to put all your money in bitcoin when the motto of crypto says INVEST WHAT YOU CAN AFFORD TO LOSE.and besides i doubt it that the OP have the balls to such thing.

But speaking for my self,i will only invest half of my funds so i have enough capital if bitcoin fails me
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