Topic: is it risky to turn all my money to bitcoins? - page 62. (Read 37346 times)
At a present bitcoin rising so high too short time, but now bitcoin continue up & down! but i think bitcoin again rising at it's own power! so, i think if you can investment for bitcoin then you can earn very good profit in near future! but no need to invest your all wealth for bitcoin. you can invest your wealth for btc between 50-70%. i think that's ok.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes,it is risky but it is the best time to turn all your money in bitcoin because as time goes by, the value is increasing so that in the end of time you will benefit from it. We all know that if we invest,we must take a risk to try if we really earn to our investment.We just need to trust bitcoin because it is a trusted cryptocurrency and especially in investing. 
Never keep all your eggs in one basket! Buy 5-10 altcoins, bitcoin, ether, dollar, Euro and your portfolio will always be growing.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it is risky to turn all your money to bitcoin. The trend is unpredictable and there is no guarantee that bitcoin will raise its value. It depends on your timing as well. If you convert bitcoin at a lower price then its a good investment but when you convert to bitcoin at a higher price it you need to wait for its value to increase again and it might take sometimet. Its value will increase after a few months. Do what you think whats best for you sir.
The way to invest wealth just in one asset is too risky, even it doesn’t concern bitcoin. The high volatility of that crypto currency gets that approach even more adverse.
Being a profitable person in term of finance you should take a risk. Putting money in banks unprofitable if you take a risk their is chances that you will be profitable. Now if bitcoin price fall people became dis heart. Time is coming for bitcoin to rise up. Its time to convert your money to bitcoin in order to became more profitable in the coming future. Change your money into bitcoin. 
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, you can trust bitcoin but risking all your money is not really recommendable. Bitcoins keeps changing its value everyday so no one can predict when it will go down or will keep going which may cause loss of all your money. Yes, bitcoin gives so many opportunities to everyone but please don't expect that it will stay always the same. And There is no stability of price in Bitcoin. Maybe you can invest your money to Bitcoin but not all, you need to save for your future. is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Definitely, it's a risk to turn all your money into Bitcoin. You have to think twice or many times before doing that. Bitcoin's price now is really high and if you'll buy it, you have to have a huge money. I suggest, you invest half of your money to bitcoin and let the half stay in your bank.
Yeah 100%. First of all it is never wise to invest all your savings in a high risk asset, you can lose it all in a blink of an eye. And secondly the price of Bitcoin already has risen like crazy and you have to ask yourself, is this valuation deserved or just blown up by pure speculation? I would rather suggest to look for young and promising projects that not many have on their radar and that still have much room to grow and only invest money you can afford to lose. This way you will be fine even if markets go down.
Don't invest all your money into bitcoin. It is not that riskier than to invest in other cryptocurrencies but yes it is.
Of course it is risky to turn all the money to bitcoins.
Bitcoin price goes up to down in seconds like a roller-coaster. So we should be aware of investing into bitcoin.
If we invest money maintaining some rules then we will be profitted
Bitcoin price goes up to down in seconds like a roller-coaster. So we should be aware of investing into bitcoin.
If we invest money maintaining some rules then we will be profitted
turn money into bitcoin,it's very risky because bitcoin prices are unstable.
indeed looking for profit in bitcoin is very popular with some people because it is easy for those of you who know bitcoin.
many are losing money as well as the lucky ones because bitcoin prices go up and down.
indeed looking for profit in bitcoin is very popular with some people because it is easy for those of you who know bitcoin.
many are losing money as well as the lucky ones because bitcoin prices go up and down.
yes it is very risky.. you have a potential to end losing your money if you only jump to the cryptos world. you need a solid plan and know about bitcoin.. if you have a friends that already has success in the cryptos world it will be different story. you can easily to target which one will hit jackpot.
Yes it is. And i stongly belive that no oneshould turn all their money in 1 single asset. Even if its bitcoin, or other cryptos that show a good eveolution, you can still lose a lot. Just think about it. You buy at the peek,then go on a trip where you don't have any internet conection or for different reasons you can't access the internet, so you can't see how the market goesthe a deep corection starts, if the market doesn't go up again you will lose a lot of money. And with crypto you don't even need a few hours (the time you sleep) for a deep corection to happen. I still think that the BTC has a lot more to offer, but you never know. So only invest what you can lose
Though bitcoin has given highest returns any currency ever did. And in future will continue is upward trend. However it does not mean to invest all your hard earned money on single currency. All currency, equity markets are risky in nature due to their volatile nature. It is always advisable to invest in different instruments of investment. Invest some money in tangible assets like gold, silver, real estate etc. Keep some amount with banks, they are easy to liquidate. One can invest in altcoins, altcoins are also good to invest.
From my own perspective there is no risk once you put your money in the company of bitcoin. Buying bitcoin will secure your future from all kinds of financial problems that may happen.
In fact it is a wise decision that you invest your money for a secured future.
In fact it is a wise decision that you invest your money for a secured future.
I would say not just risky but actually extremely risky to do that. Regardless of how good the opportunity, it is always inadvisable and very risky not to diversify investment risks. From a practical standpoint, it'll be difficult to make your everyday transactions for things that you need because fiat still rules in off line world. Also, while it is an enticing prospect, things could equally go bad and that would almost certainly leave you in a potentially worse situation than you're in prior to taking such a step. I wouldn't advise it at all.
Even if I fully trust bitcoin I won't still settle for this to trust all my money in crypto, but for those who want then go, but for me I would suggest just to put at least 20-50% of your savings on it. Yes it is too risky, why? what if the bitcoin suddenly dumps and you don't have money on hand due to emergency reason then you don't have a choice but to pull out your money at loss. is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It will be very profitable for you if bitcoin goes up. But you also have to consider also if at any time bitcoin value down, it will be the worst day for you. It's good if you set aside some in your bank.
I would say not just risky but actually extremely risky to do that. Regardless of how good the opportunity, it is always inadvisable and very risky not to diversify investment risks. From a practical standpoint, it'll be difficult to make your everyday transactions for things that you need because fiat still rules in off line world. Also, while it is an enticing prospect, things could equally go bad and that would almost certainly leave you in a potentially worse situation than you're in prior to taking such a step. I wouldn't advise it at all.
Hi. Yes it is very risky, you can loose all your money. Never but more than 20 or 30 % of your networth in one asset (with crypto because it is so risky it should be less, but the chances are so tasty). Just buy some over time
Cheers
Cheers
Being an investor is always at risk, no one investor I think which is not aware about it. But a successful investors know what is worth to risk his/her money. Their are many ways of knowing it, by asking the others suggestions, searching the strength and weaknessess of the project and how much he can get from it.
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