Topic: is it risky to turn all my money to bitcoins? - page 37. (Read 37346 times)
It is unwise to spend all your money in one investment since everything depends on it. It is better to have a back up investment to support you whenever one investment goes down. As you can see, these cryptocurrencies are not stable. They can go up or down anytime.
Any form of investment must have risks. Especially you want to invest all your money into Bitcoin. Because Crypto currency has high fluctuation value. So, the risk of your money will be great. However, the profit if the Bitcoin Price goes up, would also be great. So better set aside a little of your money and do not invest all your money for one purpose. Great Opportunities, Big Risk. This is crypto.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
@jonathan6655321 Did you invest all your money into BTC? You posted this thread in October 17, when BTC was pretty cheap, way before the insane run to 19000 USD.
Of course it's risky to turn all the money into bitcoin, you better make a part of this investment look a bit like everything will pass if you are satisfied with this and then take such a serious step
It is very risky, and definately I would not recommend it. What I would recommend is to take 1 -10% of savings and invest that in Bitcoin or other criptorurrencies.
Yes it is risky. there is a possibility that bitcoin would drop and you'll lose a big amount of money. but if you're in a great luck, you could earn a lot.
I turn all my money to BTC, ETH and XRP. dividing to 3 biggest coins is safer to me.
the market is down now. It may be a chance to jump in
the market is down now. It may be a chance to jump in
It's very risky to convert all of your money in Bitcoins as, bitcoin is very volatile. It has no set laws in any country. Few countries are even declaring it illegal. You can use bitcoins as investment, but make sure you don't invest all of your money.
Very risky, Bitcoin's price can down 1000$/day. If you can accept it, you can invest all your money.
For recent example, Bitcoinnect down 80% value/day, it's unbelievable news to who is invest.
For recent example, Bitcoinnect down 80% value/day, it's unbelievable news to who is invest.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It's very risky to turn all your money into bitcoin, if the bitcoin price goes down you will incur losses. Better half of your money is converted into bitcoin.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think better if you turn all your money from bank to bitcoin this is great option and for me it not risk anymore. bitcoin price higher and higher again over years. Even if the price is dump but surely will pump soon. Bitcoin better than bank.
I just have little money in bank but in crypto like bitcoin, ethereum and other crypto a have alot almost 98%
Bнимaниe!!
#пpoдaм биткoин oт 100.000$ + % oт биpжи битфaннeкc!
ycлoвия oбcyждaютcя!!
cтpoгo пo кypcy!!
#BTC/USD
#BTC/RUB
#Moscow
#msk
#$$$
#btc
cвязaтьcя c Haми мoжнo чepeз тeлeгpaмм @techcoin111 . @Ferragamo13
#пpoдaм биткoин oт 100.000$ + % oт биpжи битфaннeкc!
ycлoвия oбcyждaютcя!!
cтpoгo пo кypcy!!
#BTC/USD
#BTC/RUB
#Moscow
#msk
#$$$
#btc
cвязaтьcя c Haми мoжнo чepeз тeлeгpaмм @techcoin111 . @Ferragamo13
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think better if you turn all your money from bank to bitcoin this is great option and for me it not risk anymore. bitcoin price higher and higher again over years. Even if the price is dump but surely will pump soon. Bitcoin better than bank.
I just have little money in bank but in crypto like bitcoin, ethereum and other crypto a have alot almost 98%
Yes, it is especially if you don't know it well. As many investors say "only invest money you can afford to lose". You can also try altcoins like ETH. Do some research to help you decide easier.
Above all, this is a market with almost complete anonymity of players and very high turnover. to play on the market requires the knowledge of the subtleties for the sales and purchases , and this is definitely not for everyone and not for people with weak nerves.Before turning your money, educate yourself on bitcoin.
Yah its too risky to turn all your money to bitcoin..
Value of bitcoin is not stable so dont sacrifice all your savings..
Value of bitcoin is not stable so dont sacrifice all your savings..
That would be a bad idea turning all your money to bitcoin. The best thing you can do is, save some and turn your money into crypto. Don't just focus on bitcoin, try investing on different coins as well so if one fails, you still have other options left.
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 is very risky if you turn all your money into bitcoin because everything there must be a risk that we must take, because the market is still very fluctuactive bitcoin therefore can have many ups and downs and suppose you again need money but the price of bitcoin being down and not equal to the purchase value and if you sell it then you will lose. so I suggest you to invest your money some of your money in bitcoin and some of your money in the bank in this way you will easily take it if you need it and you can let your money invested in bitcoin in long term while waiting for a higher price. is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think the present time that investing in bitcoin is not the case. You can choose the other altcoins to invest. Its cost is that experts are not aware it is going up or down since 2017 is a shock of electronic money. The price of the altcoins goes up and down erratically and no one can predict what. So I think you should invest in Etherum, which is a fairly large and stable currency.
My point is that thinking big will do the job well. If you really want to risk raising the money in your bank, I will always support you. I like people with bold thinking. But first of all I think you should consider this market carefully before investing a large amount of money. Or you could invest in other altcoins instead of bitcoin. But the currency is less valuable at this point after few days its price easily climb.
Never bet all you have not even on bitcoins... you only bet what you are willing to lose!
Jump to: