Topic: is it risky to turn all my money to bitcoins? - page 40. (Read 37346 times)
Don't risk all your money in just a single investment.
Yes its too risky to turn all your money to bitcoins. Actually, in every investment turning all money onto them is very risky. For me investing in bitcoin should start on your extra money , those money that is not needed to be spend because your already living a life everyday. Try to turn your extra money to bitcoin and do it consistently everytime you got extra money so that it will not affect you if you really have a difficulties on bitcoin.
The best advice is to invest no more than you are ready to lose. Therefore, do not invest all your money, this sphere is very unpredictable and risky, you can stay with nothing.
You should never do that. The risk that you are facing with your money in your bank is minimum, while investing in bitcoin is a high risk investment (so the probability to lose your savings is very high). If you want to invest in crypto (and that´s great because the profit is awesome) you should try to invest in many coins (it could be the main coins) to minimize the risk.
I also assume the same of you. The risk of investing all the money on bitcoin is too high because the fluctuations are so unpredictable, and to minimize the loss of that is to invest some of it against altcoin because altcoin has a lot of options and of course, its profit depends on our ability to trade as well as bitcoin. However, the advantage of this altcoin is that if we suffer losses then the loss will not be as big as if investing entirely on bitcoin. 
yes, it is too risky because we are not sure if the price of it may increase faster or maybe the price is always stable. In investing your money in bitcoin always remember."invest what you can afford to lose".
yes exactly and for in any other thing for that you may able to take all your money on that then you may able to see that this is so risky , you must atleast to have some other thing of on how you may able to earn for and not just depending on one.
Yes it is very risky, you can loose all your money.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it is! I strongly suggest that you may invest the amount that you can afford to lose. Or you may want to participate in trading. In trading you can generate profit fast unlike holding bitcoin. Holding bitcoin is so risky you didnt know when it is going up or down. In trading you can use trading tools like reading graphs and using trading tools like tradingview.com you can fairly predict that prices and you can also determine which coin is going to pump or dump.
yes, it is too risky because we are not sure if the price of it may increase faster or maybe the price is always stable. In investing your money in bitcoin always remember."invest what you can afford to lose".
I think it's risky and not a good business idea, because having all your money in cryptocurrency means you dont have your money in FIAT mode, meaning you can't have a declaration of what you really have, cryptocurrency markets fall and rise at will.
It's not risky, it's stupid to spend everything without backup, cause you never know what gonna happen tomorrow. At my opinion much better to invest a part of your goods into bitcoin and save other part for depreciation.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it was very risky. There is always risk in every investment that you did so always analyze the situation before investing on a certain coin, not every day is the best time to invest and not all the coins do really have the potential to grow its value so always think before selling or buying a specific coin.
Certainly it is very risky to invest all money in bitcoins. You should invest 20-30 % of total income and try to diversify in alt coins as well.
It's very risking for not taking a risk and it more risking for taking a risk, life is all about risk.
Let your instincts direct you!
Let your instincts direct you!
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes!.I think you need to putt what you can afford losing, because Bitcoin is still a risk.
Well to turn all into btc would be a very risky investment, probably in long term you would make money but at the same time you could lose everything in this uncertainty.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Every act is risky if it's about money. But in that case, "all of your money" it is surely high risk. You dont need to spend more money in order to get a bitcoin. There have many ways stated or talked here in bicointalk that may help you to gain bitcoin. Just read and you will learn. Ask you will learn. And if you learned, share-it.
If we place eggs in one place then the place fell off of course all the eggs will break, just like money, put all the money into bitcoin is too risky so it will make us stress if loss.
base on my own experience I think it is a bit risky to turn over all your money to bitcoin since bitcoin is becoming unstable. I think you should atleast give yourself a credit or a chance to enjoy your money. and also you should hide money in your bank accounts so it will also increase due to its interest rate.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
you can loss it but every time can cash out your bitcoin and get real money.try to make your money into many parties.
The risk is put all your money in govt paper.
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