Pages:
Author

Topic: is it risky to turn all my money to bitcoins? - page 70. (Read 37346 times)

full member
Activity: 350
Merit: 106
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.
full member
Activity: 346
Merit: 103
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Of course. We all know that bitcoin is a bit risky stuff that will somehow make us more even want to earn it. It is because of its value that somehow point dump but definitely rise as doubled. Turning all of your money into bitcoin will definitely risky because you can't sure that if you will earn or lose.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes because at somehow point you don't actually know what will happen to your money because we all know that the bitcoin specifically the value isn't that stable so we don't sure if your money if it will convert to bitcoin will rise or will dump. Its either you make yourself safe or you take the risk.
sr. member
Activity: 457
Merit: 250
for today, turn all money to bitcoin is too risky. as we know, the price of bitcoin is too high
if you want to invest your money in cryptocurrency, i suggest you to invest in altcoin.
sr. member
Activity: 1190
Merit: 250
A good and safe way of investing into bitcoin or other investments is do not put all the money, though bitcoin is very promising but we must be aware that the price can drop anytime, as it happened last 3 days.
newbie
Activity: 56
Merit: 0
It is risky, in a way, since we do not know when Bitcoin will go up or down but if you are into risk then it is good to turn all your money to Bitcoin since the reward is so high.
member
Activity: 364
Merit: 10
It depends on what horizon of investment to consider. And looking at what constant income is.
full member
Activity: 364
Merit: 100
Probably one of the most risky things you can do. It's all well and good saying, well if I had done that 6 months ago I would be worth a fortune now. but there was no guarantee it was going to go up, same way there is no guarantee now it wont go down. Invest what you can afford to lose is always the best motto for me
full member
Activity: 392
Merit: 101
dApps Development Automation Platform
Despite the oppurtunity of financial growth that bitcoin offers, turning all your money may possibly give you huge profits but we have to always remember that everything in the crypto world is uncertain. Therefore, investing in bitcoin is totally risky.
full member
Activity: 249
Merit: 100
Although bitcoin proves to be profitable, but if turn all money is certainly very risky, as it happens 3 days that the price keeps dropping to over $ 2000. this will certainly make us not going to sleep, I recommend the maximum is 50%.
Yeah a maximum of 50% of total capital to be invested in bitcoin is more than enough. As we all know that cryptocurrency investment is taking high risk but even the risk could be lowered by investing in different coins at a time. I don't see $2000 a huge drop for bitcoin, if we look at the dropped percentage it will not be more than 15% of the bitcoin high price. Bitcoin has experienced a lot greater losses in past with a brilliant recovery so, it's not a matter of high concern.

Nowadays lots of people are thinking about the same thing, but gettin into bitcoin with all your money should be avoided. This is a reality. You can only provide a portion of your all money and buy bitcoins with it.
sr. member
Activity: 864
Merit: 284
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

for me bitcoin is an investment. and each investment must have risks. no investment or any business that has no risk. so I think it depends on your courage and your mental readiness to accept even the worst risks. it's just in my opinion to be great we need to get out of our comfort zone and dare to take risks that exist. and I think this is the right time to buy bitcoin because now the price is down stay wait for the beginning of the year or mid year later you will surely be able to profit. I have almost 1 year wrestling in bitcoin so far safe for me there is no big risk that I feared. Please try
member
Activity: 317
Merit: 11
yes, it is very risky. remember! dont put all egg in one basket  Grin
member
Activity: 243
Merit: 10
i think , turn all your money to bitcoins is very risky
because we dont know what happen next to bitcoin and other Cryptocurrency

my advice for you is to invest some money to bitcoin that you dont need it
hero member
Activity: 770
Merit: 500
It is risky to cross the road. You can lose your life by passing car. It ia risky to invest in bitcoin because you could lose a lot of money. Do you see where I am going with this? If you really believe in bitcoin you could turn all your money into bitcoin. I have almost all mine in bitcoin. Come this time next year bitcoin will have gone up so much there will be people saying "I wish I bought a bitcoin at $20000 I could have been rich" that time will come.
member
Activity: 133
Merit: 10
Actually business is a factor of combination with loss and profit although investor invest on thinking a lot. After monitoring the whole thing i can say itis not a risky to turn all money to Bitcoins.
 
member
Activity: 470
Merit: 12
This idea is crazy and irresponsible. Turning your hard earned money with such big volatility is just a gamble. You might win the jackpot, but there is a possibility of losing all your funds due to different reasons.

Way too risky. But no one can stop you if you think this is the way you want to do decisions in your life...
sr. member
Activity: 588
Merit: 254
Although bitcoin proves to be profitable, but if turn all money is certainly very risky, as it happens 3 days that the price keeps dropping to over $ 2000. this will certainly make us not going to sleep, I recommend the maximum is 50%.
Yeah a maximum of 50% of total capital to be invested in bitcoin is more than enough. As we all know that cryptocurrency investment is taking high risk but even the risk could be lowered by investing in different coins at a time. I don't see $2000 a huge drop for bitcoin, if we look at the dropped percentage it will not be more than 15% of the bitcoin high price. Bitcoin has experienced a lot greater losses in past with a brilliant recovery so, it's not a matter of high concern.
member
Activity: 246
Merit: 10
Turn all your money on bitcoin is very risky because there is a tendency to get losses. We don't know what will happen to our investment. Maybe you can put some of your money on bitcoin but not all your money.
full member
Activity: 207
Merit: 100
It's very risky imo. You have to figure out the logistics let alone cashing it out lol.
member
Activity: 87
Merit: 10
What sort of answer would you expect lol  Huh Huh Huh
Don't ever invest more than you can afford to lose! This goes for housing, stock exchange or a relationship  Roll Eyes Roll Eyes
Pages:
Jump to: