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Topic: is it risky to turn all my money to bitcoins? - page 49. (Read 37346 times)

member
Activity: 448
Merit: 10
Too radical. People seem to want to do all or nothing. Why not half your money?
I think if you want to invest in bitcoin so it’s not risky because bitcoin is safe to invest and if you are talking about other crypto so then there is no chance but I have my own opinion there is no need to use all your money because it’s not a good idea as we know bitcoin have a lot of good advantage’s so there is also one of the good advantage to invest your little part of money here and it will make it double because bitcoin is a good in investment.
sr. member
Activity: 700
Merit: 254
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes ofcourse it is risky if you'll invest all of your money in bitcoin. We all know that bitcoin is unstable for now. It's value is volatile. You can invest some of your money in bitcoin but be sure that you'll keep the rest. What if bitcoin fails? You'll left with nothing right? Be wise.
full member
Activity: 442
Merit: 101
I think you need to save some money to take care of your daily life. You should not invest all in bitcoin. If you want to transfer all your money into bitcoin, you have to take risks. Because the bitcoin value is not stable. Its value can fluctuate abnormally.
newbie
Activity: 38
Merit: 0
It is too risky, you never know who are in the order of scams. It would be a crime against yourself if you allow yourself to lose all your money for taking risks, learn to distribute your investments and maintain a savings fund.
sr. member
Activity: 699
Merit: 438
Everything is a risk. Especially when we talk about money and success. There are proof of success that we may see in the internet but as long as we do not experience it yet,
 we must hold on and be ready to take the risk. But one thing for sure, if you keep on worrying and getting confused, you will not succeed.
Because if you are afraid to loose a single coin, how can someone give a higher amount of money to you? Turning all your money maybe risky, but the higher the investment, the higher income you will get.
newbie
Activity: 266
Merit: 0
Depends behind reference to your country. If your country confess bitcoin later no risk. If your country don't come happening once the share for bitcoin subsequently it's dangerous. Government can understand an accomplish for maintenance laundering deed. Also they nonattendance to see your earning archives. Also bitcoin price is pumping by holding bitcoin you can make more maintenance.
newbie
Activity: 59
Merit: 0
Yes I think it so risky to put all your money to bitcoin instead just put the amount of money that you can put in a risky but a wide opportunity..
full member
Activity: 273
Merit: 100
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.
member
Activity: 126
Merit: 10
It is not recommended to turn all money into one thing.
Diverce it and invest in alternative cryptocurrencies, maybe not only crypto but somethig esle (business for example)
Only on this forum you can discover a lot of opportunities.
full member
Activity: 378
Merit: 101
I think it's risky to invest all your saving in bitcoin. May be when you need to spend your money you find lower price than the price you bought with.
I like always to keep cash in safe place for emergencies.
newbie
Activity: 28
Merit: 0
Yes, it very risky because there are no laws that control it so very dangerous
newbie
Activity: 37
Merit: 0

it is better not to buy all your money bitkoins. there is a risk, although not great, but there is.
full member
Activity: 476
Merit: 100
Yes, I am of the opinion that it is not wise. You do not put all your eggs in one basket. Invest part of your money and keep the other part.
sr. member
Activity: 798
Merit: 253
Yes, it's risky, because even the value of bitocoins is very high today. Nevertheless, we did not know if it would continue to bloom in the future, but I think that everything is positive, like everyone else, and continue to support the bitcoins industry.
Yeah it is risky but for me investing all right now is a wise decision. Putting your money in investment will provide you another way to earn money without spending too much effort. People are afraid of it because they are not sure about profit that they will earn or not. Before you get in investment of bitcoin just be sure about your budget and make yourself thoughtful about bitcoin then make an effort.
full member
Activity: 196
Merit: 100
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Putting eggs in one basket is very risky. Specially when it comes to money, bitcoin has a very volatile value, changing from time to time. We are never sure that its value will be stable or increasing. We never know when we need extra money in case of emergency. Invest only with the amount you can afford to lose.
member
Activity: 798
Merit: 10
I think this is not true, even though there is an official state and it guarantees bitcoin investment but I might not put 100% of the money for bitcoin because of many things that are hard to predict.
full member
Activity: 574
Merit: 101
Yes it is very risky to use your money from the bank for Bitcoin. For instance, you already converted your bank money to Bitcoin then an emergency happened, you need to withdraw and the Bitcoin's price dropped? What if hackers hacked your Bitcoins? Even though investing your money in Bitcoin is risky, its rewards are truly worth it.
member
Activity: 131
Merit: 10
All the investment in the world always having a risk on it, but do not put everything that you have in 1 basket, diversify your investment.
newbie
Activity: 22
Merit: 0
I think it's risky if we put all the money on one type of investment let alone bitcoin, as we know that bitcoin prices are very volatile and will make it hard to sleep if prices tend to fall.

Very true and well said.. We should never place everything we have in one investment type. We should diversify our portfolio in order to avoid losing too much should the worst case scenario happen.
sr. member
Activity: 504
Merit: 252
I think it's risky if we put all the money on one type of investment let alone bitcoin, as we know that bitcoin prices are very volatile and will make it hard to sleep if prices tend to fall.
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