Topic: is it risky to turn all my money to bitcoins? - page 66. (Read 37346 times)
No It is not risky to convert all your money to bitcoin just you need to pay your tax correctly without doing any wrong things
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
it is risky to move all your bitcoins into bitcoin may loss more than gain.
you can make small local business better than bank.
According to me yes its very risky to invest all your money to BTC because you never know when it going to fall as we saw in few days.. Yes its chances high to go upward but anytime its going to fall and for that situation you have to ready with your backup plan.. So for me its not a wise decision to turn all your money to BTC..
In my opinion, yes it is risky to release all the money to bitcoins... because that will always depends on how big the difference of the value of bitcoins to your own currency. And also if you turn all your money into bitcoins, it is hard now to withdraw all the bitcoins your stored.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Its highly risky,if you turn all your money into bitcoin.you can put half of it as investment and half saved for emergencies
so,invest only what you afford to lose
yes it is very risky, I suggest not 100% you invest in bitcoin because the price fluctuate so if at any time you need money, but suddenly the price of BTC down, and you no longer have the same value as the initial money you invest and you will loss there. take 40-50% to invest in bitcoin and keep the rest in the Bank so if at any time you want your money. you just take it in the bank
Don't invest all your money in bitcoin, because there might be a downfall of bitcoin. who knows?
For me just invest just part of your money in bitcoin and my prof once said that " it is better to take risk if you are still young because you can still earn the money you lose and you are not young enough, the time you need to earn the money you lose is limited. So invest if you are still young."
For me just invest just part of your money in bitcoin and my prof once said that " it is better to take risk if you are still young because you can still earn the money you lose and you are not young enough, the time you need to earn the money you lose is limited. So invest if you are still young."
It's very risky to use all your money to invest in bitcoyne, we'll never know that bitkoyn a day dramatically makes us lose all the profits, so the best way is to split them in half and invest in bitcoin and ether.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
yes. Do not invest whole money in Bit Coin. You can separate your money and invest it for few altercoins and good ICOs. keep your priority ICOs than trade coins. Because you can buy coins chief price in ICOs.
It depends on your personal situation and plans.
For me, It's better to risk investing in bitcoin, because it's obvious that value of bitcoin will continue to grow. However, think twice that you need to distribute your investment in different places. Through this way you can reduce the risk of losing your all investment in one time.
For me, It's better to risk investing in bitcoin, because it's obvious that value of bitcoin will continue to grow. However, think twice that you need to distribute your investment in different places. Through this way you can reduce the risk of losing your all investment in one time.
all types of investments will be at risk if you use all the assets you have there, not just bitcoins. because if there is a loss, then all your assets are in danger. therefore, it is better to divide the investment you have, do not just focus on one investment, to avoid big losses.
there is an answer to your question, you can now look at the price changes for it for the last 24 hours and make a conclusion for yourself
Yup, it can be a taste of heaven or a dips in hell, even life can be taken away in seconds so does the price of BITCOIN.
But there is some good news when you are looking at the price history, may be we are going up and under everyday but if you hold it long enough (long term holder) you might be surprised on what is the price of BTC. Still there are no guarantee that BTC price will go up especially because its price is pretty high now and there are many issues that are arising in the network now.
If you can accept the risky, I encourage to do it
It's not just a matter of if you can't accept the risk, it is indeed an investment, a gambled investment in this era, if ordinary people are spending their fiat on liqours and unnecessary means (which is more illogical in my opinion) why don't you give BTC a shot.? You will understand the technology in just a day and I don't see anyone who won't give this a try when they understand the blockchain. This is not a word of encouragement, this is just being logical in my opinion.
If not BTC why not go on alts?
Yes it is. No one controls bitcoin and also bitcoin has no laws connected to it. So it would be very risky to put all your money and savings to bitcoin.
I agree. What is the certainty that the price per month will not be 10x lower. If I would not do it.
Never turn all your money into bitcoins, dont invest more than what you can afford losing, even though you wont break to 0 if something bad happens you might lose some bucks if you are not experienced too
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
If you turned all your money when the price is high you may regret for long... but if you don't need to use the money and make investment on long term... is the right move.
Risky or not it depends on the person who made the decision because all decisions must have risks respectively. But if you redeem all your money with bitcoin now I think it's the right decision let alone the price of bitcoin will be predicted to be higher because a supply of bitcoin stay four millions more that have not been mined and it makes bitcoin increasingly rare.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Its risky to to invest all your money on bitcoin we know that bitcoin price is not stable if you want to invest bitcoin not all your money invest what only you can afford. Its okay if you will be invest only in a short term not so long or if you see that you have profit convert it. Then once bitcoin goes down buy again.on a meta, its risky to put all of anything into one asset class. this specificity is a certain type of risk in itself, because you cant predict the future, and an outside variable could cause you an issue. always diversify. the spread of the risk is key; if you insist on going into a single asset all balls in, then at least go in with percentages (half immediately, half a little later).
never go full retard for anything except true love, and the Lord
Yes it is. No one controls bitcoin and also bitcoin has no laws connected to it. So it would be very risky to put all your money and savings to bitcoin.
It depends on you, for me I'm willing to turn my money to bitcoin, but not all. You still need to be wise in dividing your investment just incase you fail at least you still have something. It's better to be safe and you will not regret it in the future.
best principle in investing in bitcoin is to invest step by step buying all prices so that u can average the price if u buy at peak price it would be risky deal
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