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Topic: is it risky to turn all my money to bitcoins? - page 44. (Read 37346 times)

full member
Activity: 353
Merit: 100
It is not risky unless that you do not know a fuck about what the hell are you doing. I heard about people who bought bitcoins at $20,300 each.
Now how could they be at this moment? Of course, they want to kill themselves, lmao
newbie
Activity: 86
Merit: 0
It's alway a good idea to diversify.
Don't put all your eggs in the same basket !!
member
Activity: 98
Merit: 10
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Turning your all money in bitcoin is so risky why? Because the you cant control the price of bitcoin what if the bitcoin price will fall down? And your money is 100k$ you put it all in bitcoin it has a total of 4 bitcoins now after one day bitcoin price fall down to 100$ per coin then you have 4 btc then your 100k$ turn to 400$ so thats not advisable that put your all money in bitcoin.
full member
Activity: 322
Merit: 100
All of us very much believe in bitcoin, but still there is a small risk that everything will collapse at one point, and you can not do anything about it. Are you ready to stay with nothing? If so, then you are very brave, and you can safely invest in the crypto currency.

No matter how much you believe in crypto currencies, it would be a total catastrophe to put all your money into bitcoins. this is the number one investing rule; never put all your eggs into one basket.
member
Activity: 448
Merit: 10
yes it is 100 percent risky to convert all money into bitcoins bitcoin is asset we cant risk our life for bitcoin
full member
Activity: 364
Merit: 100
All of us very much believe in bitcoin, but still there is a small risk that everything will collapse at one point, and you can not do anything about it. Are you ready to stay with nothing? If so, then you are very brave, and you can safely invest in the crypto currency.
newbie
Activity: 336
Merit: 0
Yes, it is indeed risky to turn all your money into bitcoin. Instead of turning it all, it is better to invest about 50% of it. It is highly expected that you’ll get a lot in return in the future.
hero member
Activity: 1596
Merit: 502
Of course its very risky to put all your money only into bitcoins as the price of bitcoins is too volatile and it can go anywhere in future as there is not guarantee that it will keep on climbing up and if you invest all your money in it and if price falls badly or if bitcoin disappears then you will be loosing all your money in one shot and no one knows what's the future of bitcoins will be like and that makes bitcoins most risky investment so invest only that amount that you can afford to loose.
newbie
Activity: 81
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 that it is good if it is part
member
Activity: 173
Merit: 10
Of course it's risky to put all your money in crypto. Because there is no assurance, especially if the  tokens you hold have been crash
sr. member
Activity: 403
Merit: 250
Less is more
Of course it is a high risk to turn all of your money to BTC even though those money only stay in the bank for low interest.
I strongly suggest to invest about half or less than half of your money to purchase BTC right now or lower price.
For long term, those money can make better profit than just stay in the bank. Whereas in short term you may make a wrong decision by price goes down of BTC.
So do not take too much pressure such as turn all of your money in bank to BTC.
It will be very bad for you if you lose all of it. You had better have knowledge about trading and be good at trading stuff. You also need to have experiences. If you get all of that, don't afraid to turn all your money to Bitcoin. It also depend on luck too Grin Be patient, keep calm and start investing, bring money to your family.
jr. member
Activity: 70
Merit: 2
Yes it is risky to turn all your money to bitcoins or any other coins because yes till now crypto world is going up but no one knows that what will happen next. If you can take the risk then its upto you. But i will suggest not to turn your whole money, just turn a part of that money to bitcoin.
full member
Activity: 199
Merit: 100
0xB911101025014BfCaA3B17BC7683C0817489bB28
Not only on bitcoin, it apply with everything. we should not invest our all money in a single scheme. Diversification is always good and more secure way of investment. Right now, bitcoin is very volatile. So not sure,what stage of bitcoin you will require your money back. So keep some money in reserve or invest in other scheme. Long term, bitcoin is very good.
newbie
Activity: 74
Merit: 0
Take the risk and enjoy it now. That is principle when starting hold bitcoin in 2015. Without taking the risk, we do not know how much potential (money) our.
sr. member
Activity: 462
Merit: 250
It is indeed risky. Bitcoin , to tell you the truth, is indeed very risky for an investor but those high risks generates a much larger profit for someone who did believed in it. But don't invest all of your money towards bitcoin, leave some for your personal expenses and for emergency purposed money. It is good to invest now but still take a good care of yourself, success is nothing if you are indeed sick.
full member
Activity: 266
Merit: 114
If you have some money and you are sure that you won't be needing it anytime soon. Then investing it will be fruitful for you. But if you invest all your money just in one place, there are high risks in it. What you can do is divide your amount to be invested and choose some good coins to invest in. Some of which I'd recommend are Ripple, Tron, Ethereum along with bitcoins. What this will do is reduce the chances of loss.
All the best investing.
newbie
Activity: 182
Merit: 0
Yes, it is indeed very risky to put all your money in bitcoin..you better divide your money ànd put only a portion of it in bitcoin and allow to grow there the longer you wait the more chances of earning more profit if you hit the good catch of price.
newbie
Activity: 30
Merit: 0
You can still put some money in Bitcoin, but also spread it out among other top alt coins like Eth, Ripple, Dash, Monero, etc.. It's safer that way.
member
Activity: 73
Merit: 10
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Definitely yes it is risky very risky. But if you do know how to handle stress and also know the risk you are taking you can invest but do not put all your money in one basket because we never know if our investme will grow or loose. So better on the safe side.
member
Activity: 252
Merit: 10
Sharing the same dream Smiley But, be logical my friend. This is very risky. I think nobody should do this kind of idotic thing. You worked so hard to come this position.
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