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Topic: is it risky to turn all my money to bitcoins? - page 36. (Read 37361 times)

sr. member
Activity: 1428
Merit: 252
Yes definitely, it is very risky to put all the money in one place ie bitcoin, as happened a few days ago will make everyone stop beating because the price keep dropping to below $ 8000, but fortunately the price back reach $ 11,000.
full member
Activity: 448
Merit: 130
3D-Printing goes Blockchain!
For me, i find it very risky. Some altcoins are so good and i have some expectations so i prefer to wait and see what’s happening. I really think this is a better option. We’ll see if i’m right Cheesy
sr. member
Activity: 353
Merit: 250
Diversification should be done in terms of investments.
full member
Activity: 340
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 so risky to turn all my money to bitcoins since we all know that bitcoin now is getting low or falls down due to some banning of other country. And it is very risky to invest since the value of bitcoin is not that good. You may invest in bitcoin but save money for yourself so that in case that you are experiencing loss you have money to use.
sr. member
Activity: 353
Merit: 250
No. People do it all the time.
newbie
Activity: 24
Merit: 0
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
yes you do not know what really happens if you turn all your money in bitcoin but if you really want to invest cut it into two, invest the half and save the rest.
newbie
Activity: 4
Merit: 0
Always diversify your portfolio as the saying goes
full member
Activity: 168
Merit: 106
No success in a short time
yes that's true, remember the bitcoin and fluctuations are not erratic
this is almost like a gamble I guess, I would think twice to stake all my money in bitcoin
I can not take the wrong decision
member
Activity: 224
Merit: 10
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it is.It's too risky and remember bitcoin is volatile.Anytime there would be changes especially now.It's better to save it or invest it in your desired business.Never turn all your money in any investments,it will bring you down.Just wait for the right time when bitcoin's value become stable.And remember,don't put all.Just take the half of your money,keep it and the other half invest it in bitcoin because you will gain profit here.
sr. member
Activity: 700
Merit: 250
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.
newbie
Activity: 37
Merit: 0
Since the market is volatile, it would not be a wise decision to put all your money on Bitcoin.
newbie
Activity: 151
Merit: 0
That is not a good idea when you are doing an investment because if suddenly bitcoins value decreased or totally lose all of its value all your hardworked money you put in will be lost. The key for being a good investor is to diversify your funds into multiple investment that will prevent you from losing all your money and also inrease the chance of you earning.

Always save some for yourself, something you can get if you suddenly need it.
full member
Activity: 188
Merit: 100
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.
newbie
Activity: 196
Merit: 0
Very risky. As of today Bitcoin is at a low price so a smart trader would wait for the bottom and start buying when the decline is nearing it's end. But don't put all your money into bitcoins. Try the stock exchange or just keep some as emergency funds.
full member
Activity: 406
Merit: 100
The guy who advised me to get into the electronic coins, always said: "invest how much you are willing to loose (just in case something happens)". I didn't sell my car to buy bitcoins but I invested how much I could. Don't turn all your money to bitcoins but turn as much as you afford.
newbie
Activity: 191
Merit: 0
of course it is risky to invest all your money in bitcoin specially this month that the bitcoin price are still going down and almost all cryptocurrency as well. If I were you, I will only invest if there are symptoms of stabled price and I will only invest half or one-fourth of my money
member
Activity: 364
Merit: 10
Every investments has corresponding risk. In bitcoin the risk is much much higher than in a bank. Investing in bitcoin can double your money in a couple of months or you may lose it all. You need to study first how bitcoin market works.
I suggest you to invest lesser amount that you can afford to lose. Once you had master the crypto market you can invest also in some alt coins to diversify your investments. Have patience and do not panic.
member
Activity: 168
Merit: 10
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
make a study first after you invest your money on the business you like,just like also in bitcoin if you don't know how is it,a lot of bitcoin user ask help to them and study at the same time,
sr. member
Activity: 1484
Merit: 254
It is unnatural to put all the money in bitcoin, let alone bitcoin using a decentralized system that we never know with what bitcoin future would be like, if any country legalizes or uses bitcoin then this does not guarantee the price will continue to rise.
member
Activity: 200
Merit: 11
Yes if course you have to be cautious about it you might just end up having nothing or less than what you have invested.
You should just have to remember that in investment you just have to invest what you can afford to lose.
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