Topic: is it risky to turn all my money to bitcoins? - page 57. (Read 37346 times)
Yes its very risky, put your money that you can afford to lose. Better half of you is in bitcoin invest it and the other half in banks or do skme business that will grow more.
It is a huge risk to turn all your money into Bitcoins. Bitcoin is not a very stable source of investment and can sometimes be profitable to someone or sometime it can be risk factor. In your case it can be a risk factor. A portion of you money can be turned into Bitcoin. You need to understand that Bitcoin value is not fixed. It will not always give profit.
Before we invest all the money with bitcoin we are required to know in advance the risks of making the investment. Bitcoin is good for investment in the long term but if we do not know how to manage the system then it is suicide for us because of the possibility to get big losses. I suggest better invest half of your money into bitcoin and half use it to build a business so we can make money from it.
Well, I agreed. Bitcoin is so volatile and the market price of bitcoin is not stable. We canmot predict if we will won in this risky thing or we will lose. Time to time bitcoin changing its price and the only thing that i recommend to you is to invest the half of your money. This 50% of your money must divided in to two. The other part (25%) is for investment in Bitcoin and the other one (25%) is for making business in real life. The remaining 50% of your money must not be wasted. You will use it for your needs and daily lives for you to survive everyday.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Investing all your money in bitcoin is highly riskier. The market is very volatile and if you invest beyond the risk just invest part of your money and take wise decisions by looking the price graphs and the rest of the money if you wish sits in the bank so safe. 
It is not good investment strategy to put all your asset in one portfolio. You can diversify and invest may be about 50% in bitcoin trading and the rest in other investment vehicles.
Before we invest all the money with bitcoin we are required to know in advance the risks of making the investment. Bitcoin is good for investment in the long term but if we do not know how to manage the system then it is suicide for us because of the possibility to get big losses. I suggest better invest half of your money into bitcoin and half use it to build a business so we can make money from it.
Surely it is a risky thing to turn all your money into bitcoin. But there is a possibility if, you are 100% risk takers and few believers will do this because you are sure there will be a big pump that will happen soon.
With how gold used to be, nothing seemed like it would end. If another alt-coin rises, BTC will too.
Only put what's wanted to be risked into investment, leaving the rest into holdings or priority expenses is ideal if in danger immediately.
Now, if wanting to play it big... All cryptocurrencies seem like more digital infrastructure can come so play this smart.
Only put what's wanted to be risked into investment, leaving the rest into holdings or priority expenses is ideal if in danger immediately.
Now, if wanting to play it big... All cryptocurrencies seem like more digital infrastructure can come so play this smart.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Is this really a serious question, or is the poster just trolling, or just plain stupid? A lot of reasons have already been given above as to why converting all your money to bitcoin (or any altcoin, for that matter) is such as stupid idea, that this comment has almost become unnecessary.
Let me just leave here a popular saying, (which should be self-explanatory) -- "Don't put all your eggs in one basket."
Surely it is risk for you, however all our life fields are risky, even if you put your money in bank it is also risk, if you invest them in business of real sector also risk.in this question - work with risk.
Of course, this is risky. You can invest in several crypto currencies, do not add all the eggs to one basket. If one coin does not work, then others will work.
Is it risky to turn all my money into bitcoin !! If I think it's not risky I think it's very profitable, do not be afraid to turn all your money into bitcoin, because the bitcoin will not harm you even the bitcoin will make you get a big profit.
Well if you are ready to take this risk , then go ahead , buy bitcoin. But if you can't afford to loose all the amount then...don't do it. Don't be attract by the mirrage of getting rich over night.
It isn't risky if you really know exactly what you do with your money and Bitcoin.
Putting your money in such way of buying virtual coin like bitcoins is a wise choice that should everyone consider.
There is no risk once you put your money in bitcoin in fact it is good since your money will go in the circulation and generate interest for instant income without working hard to have it. In this situation bitcoin helps you to become financially stable without worries and doing anything else.
There is no risk once you put your money in bitcoin in fact it is good since your money will go in the circulation and generate interest for instant income without working hard to have it. In this situation bitcoin helps you to become financially stable without worries and doing anything else.
I think it's very risky because bitcoins change in price compared to paper money that remains the same value. My advice do not change all to bitcoin but only partially to avoid falling bitcoin prices.
No investment is 100% save dude, it is wise to split into 1/4 of your money into any investment, it sucks and disappoint if you put all eggs in a bowl
As far as I know bitcoin it’s not risky it’s very easy and safe to invest because many banks have accepted bitcoin and even billionaires and rich people are investing here and I know a lot of people who are using their real money to buy bitcoins I’m also investing here from last three years and bitcoin always give me a profit it’s one of the committed currency in market but it doesn’t mean to use all your money here your little investment is enough to get a good profit.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
yes it is very risky if you turn all your money into bitcoin, because bitcoin many experience ups and downs and when you are in need of money but suddenly the value of bitcoin price drops and the value of the price does not have in common with the purchase time then you will lose. so I'd better suggest you to invest some of your money in bitcoin and part of it in another business, because everything must be a risk you have to think aboutThis is just how certain you are sure that Bitcoin will bring benefits to you.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
yes it is very risky if you turn all your money into bitcoin, because bitcoin many experience ups and downs and when you are in need of money but suddenly the value of bitcoin price drops and the value of the price does not have in common with the purchase time then you will lose. so I'd better suggest you to invest some of your money in bitcoin and part of it in another business, because everything must be a risk you have to think about
Is it risky? Yes, it's risky like any investment. But without a great risk there isn't a great reward.
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