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Topic: is it risky to turn all my money to bitcoins? - page 71. (Read 37346 times)

sr. member
Activity: 504
Merit: 252
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%.
newbie
Activity: 58
Merit: 0
It's risky never go all in
member
Activity: 143
Merit: 11
I will win, not immediately but definitely
All cryptocurrency investments are risky.  So dont invest all your money into one. Diversify. Buy some altcoins also, like xrt, etn, deeponion etc
member
Activity: 150
Merit: 44
ICEMAN - SMART CONTRACTS DEVELOPER
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

YES! It is highly risky to do so. It is foolish TBH to do so. You gotta look at Bitcoin from both sides, the good and the bad, the price of Bitcoin is going up quicker than ice melts on a summer day, but at the same time there is a high risk it can fall down the same way. You can lose your life savings in just a blink of the eye.
member
Activity: 308
Merit: 10
In turning all of your money in Bitcoin have a pros and cons because if the holder of the accounts is good in discovering new things and witty in using Bitcoin your money will turn in good results but if you are lack in working with Bitcoin, it's very risky to spend all your money in Bitcoin
I think it will never risky to turn your all money in bitcoin for investment because its price going to high and it will get you good profit but some of money you can save for your family because if you have suddenly work so some money can help on that time, so you can invest your money in this forum all of money except some little amount.  
full member
Activity: 344
Merit: 107
I think something risky because online related anything is involved highly risky specially in online currency.Because hacker is always try to hack money.I think you can half money convert in Bitcoin it's better.
newbie
Activity: 8
Merit: 0
Yes. It is risky to turn all your money into bitcoins. Since the bitcoin price or rating is not consistent. It goes up or down. Therefore, the money you converted into bitcoin could either increase or decrease. That’s how it goes.
newbie
Activity: 322
Merit: 0
If you are enough brave to invest all your money in BTC you will be rich!!
newbie
Activity: 28
Merit: 0
Life is risky Smiley As other mentioned, risk all what you wont miss.
newbie
Activity: 140
Merit: 0
All the businesswill be have a risk eventhough we sell good production or others. Also we keep the money into the bank bcos interest of bank can be down and bank's interest is not too high. if me, I will turn all my money to bitcoins eventhough price of bitcoin can be down and up rise but I am sure I can earn big money from bitcoin.
full member
Activity: 383
Merit: 100
🚀🚀 ATHERO.IO 🚀🚀
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Bitcoin itself is already considered as risky so turning all your money would be more risky knowing that there is a possibility that your money that has been turned to bitcoin may rise or fall anytime. If you think it's a good season to turn all your money to bitcoin, then go on and have faith but if you feel like there's a threat in your money because of what has been happening with bitcoin throughout the days, then think first wisely before doing anything.
legendary
Activity: 1036
Merit: 1002
Ofcourse that is so risky to turn all your money to bitcoin, because bitcoin is volatile, you must know everything and understand all about investing in bitcoin and the risk you'll be taking. and if your money will stay on the bank you will earn low interest.
If he has knowledge already why not and if he can accept the fact that high risk of turning all money from bitcoin even its volatile, since the bitcoin price is unpredictable and if he don't have nothing to spend then turning hes money to bitcoin will become the greatest thing because it is easy to earn bitcoin money there instantly.
full member
Activity: 742
Merit: 160
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is somehow risky considering the fact that the value of bitcoin known to be very volatile. The change of price is very unpredictable and the only thing we can do to make sure that turning all of our money to bitcoin would not be nonsense is by watching over the dumps and pumps occuring in the market. If you are not going to be smart and wise with your decisions, you will not surely benefit anything from bitcoin.
member
Activity: 168
Merit: 10
Ofcourse that is so risky to turn all your money to bitcoin, because bitcoin is volatile, you must know everything and understand all about investing in bitcoin and the risk you'll be taking. and if your money will stay on the bank you will earn low interest.
member
Activity: 154
Merit: 10
Bitcoins - this is not a stable super-high currency. This is an unstable investment, which will eventually grow and / or decrease. In general, investing all your savings in volatile security is a mistake. Bitcoin can either be instantly reduced or confiscated.
full member
Activity: 1176
Merit: 104
As I always say, everything has a risk. Right now, it is risky to buy bitcoin due to the events for the past days. The twins withdrew their bitcoin that caused a decrease of value as well as holidays are coming and people need cash for this days. My suggestion is wait until the 1st week of January because there's a chance that it will still go down and that would be the perfect time to bitcoin.
full member
Activity: 191
Merit: 100
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 in bitcoin. It is risky because we don't know  when it fall or rise. But we need to take it because taking risk is part of a business. Take it than regret.

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 dont expect that it will stay always the same.
hero member
Activity: 868
Merit: 506
Why not diversify it? Around 50% of my portfolio is bitcoin and the rest on different altcoins. Of course this kind of volatile market needs analysis every now and then.
newbie
Activity: 33
Merit: 0
If you can accept risky: lost primate job, lost all your money, get debt..
You can do everything you want.
member
Activity: 434
Merit: 11
🤖UBEX.COM 🤖
Yes very risky because you'll never knew when the value of Bitcoin will goes up and goes down. 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.
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