Topic: is it risky to turn all my money to bitcoins? - page 47. (Read 37346 times)
no, it is not at all risky by the way it is a great idea by just putting your money into bitcoin you can multiply your wealth while it is not same with the banks.
There's a saying don't put all eggs in one basket..
Invest only what u can afford to lose bitcoin price is changing time to time
Correct, it's can makes our investments more secure. Many billionaire bought bitcoin and ETH as well, although bitcoin is more profitable for them. It's because we don't know what is happen in the future. In my point of view is bitcoin is prepare to show it's power and huge pump in the price. Invest only what u can afford to lose bitcoin price is changing time to time
it's risky if money is converted into bitcoin, all we have to do is convert bitcoin into paper money. or you use bitcoin as a profitable investment in the future instead of using money as an investment tool.
There's a saying don't put all eggs in one basket..
Invest only what u can afford to lose bitcoin price is changing time to time
Invest only what u can afford to lose bitcoin price is changing time to time
Just put the money you don't need. I advise as well don't quit your 9 to 5 job as well since you never know what can happen. And yes, don't put your savings. That will be just pure greed.
is it risky to turn all my money into bitcoins? anyhow this money sits in the bank and does nothing for!
Yes of course very risky If you change all your money into a Bitcoin. Bitcoin development ahead of him cannot predict. Who's worried about Bitcoin cannot survive in the future.
That is too much risky indeed. Nothing will protect you when you loss, not even your government. It takes so much courage to turn all your money into bitcoin. But if bitcoin pumps up, your money will surely multiply. If you are emotionaly ready to take the risk, go and invest. But if you are afraid to loss them all, don't do it, give at least 30% of it as investment.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Do not do that specially when you are not a professional trader. As a starter you may start with a smaller capital and try and learn the usual techniques after that put another part of your money.
To get a big change in life takes courage, I am better principally live in poverty than ordinary ordinary, by putting all the money into bitcoin then in a few months then our life improves as the price goes up.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Of course it so risky to convert all of your money into Bitcoin without planning and realizing what will happen if you will convert that money even it is few or much. We need to consider first what will happen, because we don't know where it may lead, we must not make a decision so quickly make some time to think about it. If you convert all of your money into Bitcoin there will be a chance that you lose or gain it depends on what wallet you are using and the rising up of bitcoin currency. 
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think somehow it's risky but still it has good sides too. You can clearly gain a lot of benefits if ever after converting your money to bitcoin, it pumps up. The risk here is if the dump occured and you've already converted your money to bitcoin, you will surely loose your money but still there's a chance that you'll get it back, just stay patient and wait for another pump. 
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 risky because the price of the bitcoin is not fixed. What i mean is its price rises and drops from time to time so if you are going to turn all your money in bitcoin you have to take a risk and also be aware of all times.
in the first hand : i suggest to you to spend a few time to learn about types of storing bitcoin and especially about cold storage
and after that you can do it
in the second hand : i suggest to spend a few time firstly , to understand blockchain and ....
secondly , to learn some skills in technical , fundemental analysis ...
and it will be very safe in all levels
and after that you can do it
in the second hand : i suggest to spend a few time firstly , to understand blockchain and ....
secondly , to learn some skills in technical , fundemental analysis ...
and it will be very safe in all levels
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me it is risky because bitcoin's value is known to be volatile so there's always a possibility that after converting your money to bitcoin, it will go down and you will end up disappointed. The best thing to do before converting is to observe what's happening in the market lately so that you may know if there's a potential dump coming which can help you avoid regrets in the end. 
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Its risky because no one knows if bitcoin will disappear in any moment all of your money will be lost forever It would be better if some of your money will be stored in a bank or in your own hands rather invest it all on btc.
There is no smart person who puts all the money in one place, if the place is problematic then it is certain life will end, including bitcoin, it is wrong if we put all the money on bitcoin as this will make us stress and depression when the price drops .
Yes it is, its more complicated, more volatile or unstable, and it is not as widely adopted as solid money. Its not like something you can use right away if you wanted. There are also transaction fees which is high.
you should do it - and gain a lot from price up
For me to risky and emotionally there is a saying "don't put all your eggs in a single basket" we all know that sometimes BTC is going dump and pump to the moon,better to invest in a business that is related to your skill that accept Bitcoin payment i rather prefer for this.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Of course cause you didnt know how well rhat you can ever be if you turn all your money in Bitcoon since the it rapidly dump and loss will occur in your side which may be not a good opportunity to take, specially if you are going to need it already, a better way is half it nd then save the other half then the remaininv start up a business.
Jump to: