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Topic: is it risky to turn all my money to bitcoins? - page 59. (Read 37346 times)

full member
Activity: 169
Merit: 100
Vite
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think you should not do this, this is really a big risk. I say that because the bitcoin value is not stable, it can jump up very high and fall down anytime. Think of investing in altcoin ...
newbie
Activity: 37
Merit: 0
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

All your money can be exchanged to btc via intermediary channels such as bitfinex, kraken or coinbase as the most secure and secure channels, how to get them all in slightly different conditions.
sr. member
Activity: 798
Merit: 253
Never keep all your eggs in one basket! Buy 5-10 altcoins, bitcoin, ether, dollar, Euro and your portfolio will always be growing.
You should think about it but mate don’t be late so that your all eggs will be rotten and you will not have any suitable basket to put your eggs in bitcoin, if you are trying to invest in bitcoin then it is good to invest but try to make sure you are trained enough to have bitcoin experience and you will earn good amount of profit just in very short time so I would like to say its goods to invest in bitcoin right now and not to sell your bitcoin at all.
jr. member
Activity: 180
Merit: 3
You are challenging and want to invest in it. but i like your bravery. Maybe you will get rich with bitcoin there. The higher the profit, the higher the risk. It's a long-term plan with the future of bitcoin. You should awake your decision
bei
newbie
Activity: 16
Merit: 0
Turning all your money to Bitcoins is definitely a risk. Moreover, you cannot survive without fiat currency. This could be possible in the future but right now, it is definitely not going to work. Some companies are still not accepting crytocurrencies so how are you going to avail some goods if you do not have fiat currency in your hands?

On the other hand, Bitcoin price is not stable. We wouldn’t know what will happen in the long run. Only turn the amount that you could afford to lose.
full member
Activity: 238
Merit: 100
so risky, maybe 25% for bitcoin, 25% for altcoin et 50% for other investiments
member
Activity: 336
Merit: 10
Very risky you have to separate them 50:50% so if you want need money immedietly you still have to cash it out, we never know what happen tommorow so we must prepare
copper member
Activity: 455
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 it's very risky to bring all your wealth into bitcoin. Not necessarily the bitcoin price will rise, it could be the price down. Well thought out before you do it.
full member
Activity: 179
Merit: 100
Of course it is risky,  in fact it is super risky because if you invested all your money into bitcoin what if bitcoin goes down for a moment of time and you need your money right away you just lost in your own investment and also bitcoin as we all know is volatile and ever changing just by that you'll have a common sense not to invesnt all your money into bitcoin. Also you will never leave the site which your using if you invested  all your money because you need to monitor it to gain.
jr. member
Activity: 364
Merit: 6
For me, yes. It is very risky move to turn ALL your money to bitcoins. As we know, Bitcoin is a mysterious thing and may pop at the most unexpected time. You can't risk all your money and regret it later. If I were you, I would turn one-fourth or even one-third of my money in the bank so that if anything unexpected happens, you still have at least, spare money. But of course, the higher the risk, the bigger the reward.
sr. member
Activity: 546
Merit: 256
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
So very risky to turn all your money to bitcoins, no one knows if it will you much profit in the end. Its better if you only invest half of it and just take half of your money for your savings in case of emergency, you have some.
That's right high risk high profit..

Well, bitcoin is so volatile so we do not know how will it go in the near future since a lot may happen into it affecting a lot of users in the globe and also affecting the price. Bitcoin is so volatile, so the risks are really high, I am not telling you to not invest or buy bitcoin but it is also good to invest in other crypto currency because bitcoin is not the only one who has a huge possibility of pumping in the near future.
member
Activity: 266
Merit: 10
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
yes and no, it depends on market, if you do not know about trading then you cant understand what i mean
member
Activity: 154
Merit: 10
It's very risky to turn all your money into bitcoin, because if bitcoin plunges into a plunge, then you lose all your money, so it's more reasonable to invest 30 to 50% in bitcoin, and if you bring profit,
member
Activity: 350
Merit: 11
D.U.G
Yes it is VERY RISKY! Invest some but not ALL and if possible a loss that you can take
jr. member
Activity: 56
Merit: 1
The wise decision is to leave some as money instead of converting it all to bitcoins. Especially with the price volatility, if ever bitcoin falls, you still have reserves on-hand.
newbie
Activity: 2
Merit: 0
Bitcoin now in trend. Profit 1200% from beginning 2017 year. So it very good investment. In 2018 profit may be not so high, but your do not loss money.
member
Activity: 154
Merit: 10
Not all but some. Don't invest all your money in one bank or in any transactions. If you risk your money in and your remaining money is your savings so you have an assurance that your money is safe.
member
Activity: 290
Merit: 10
You do know that only few establishments accept bitcoin right? Bitcoin is still not accepted world wide. If you want to eat at the same restaurant or shop at the same store or go on a vacation on the same place over and over again then go ahead convert all your money to bitcoin. You should think about the emergency situations. I think converting all your money to bitcoin is a dumb move.
member
Activity: 64
Merit: 10
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
So very risky to turn all your money to bitcoins, no one knows if it will you much profit in the end. Its better if you only invest half of it and just take half of your money for your savings in case of emergency, you have some.
That's right high risk high profit..
newbie
Activity: 168
Merit: 0
It defends on how you wait for a long patience, it is natural movement of bitcoin that sometimes price will fall. Risky words belong to those who invest with high price and after few days the price will fall down , so many investor react because they got lose. But we must wait for this coming days, it is possible that price will be back to higher level.
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