Pages:
Author

Topic: is it risky to turn all my money to bitcoins? - page 73. (Read 37346 times)

newbie
Activity: 33
Merit: 0
If you can accept the risky, I encourage to do it
sr. member
Activity: 1792
Merit: 264
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

for what turn all your money to bitcoin? what about your need? for life everyday, to buy stuff or whatever what you need.
you can get more money if you can, but you can loss all your in one turn
yes, it is very risky to exchange all your money with bitcoin, because as you know that bitcoin prices are very unstable and difficult to predict. if we have redeemed all the money that is in bitcoin but the bitcoin price goes down then we will get a lot of losses, so better clay the chances first and make sure that the bitcoin price is stable after that then you exchange your money into bitcoin slowly.
newbie
Activity: 42
Merit: 0
Question is - what is the best store of value and cannot be inflated. As the network growth, becomes less and less risky
newbie
Activity: 56
Merit: 0
It's a bad move to turn all your money to bitcoin. Bitcoin is at its early stage right now. Even though the price is high only limited people and establishments use and accept bitcoin. The best way would convert some to bitcoin but also save some money.
full member
Activity: 214
Merit: 101
✔ Crypto portfolio | ✔ Telegram/APP
Not only is moving all our assets into bitcoin risky, but it is absolutely stupid. The same concept applies to any asset. Would you put everything you own into 1 company? or 1 property? So why would you consider putting it all into bitcoin - which is exponentially more risky and volatile than any other asset class?

Diversification is the only way to make money long term. if you not not diversified, then you are being irresponsible.
member
Activity: 154
Merit: 11
Yes,it's risky to turn all your money in bitcoin.for me if I investing in bitcoin I always fell a little worried,because I am afraid to lose my money,let alone bitcoin is digital currency, if I keep it dibank although have a little profit but my money feel safe,because the bank has a high responsibility. So you should never put all the eggs in one basket.
member
Activity: 350
Merit: 12
not all your money..i consider for 50/50 so when btc goes down you still have 50 to invest and save till btc goes up again
member
Activity: 634
Merit: 10
If your money only sits in banks, it would be better if you invest it in bitcoin. Price of bitcoin keeps increasing and this can benefit you to earn profit 20x more than banks, but turning all your moneys into bitcoins would be too risky, even if it keeps pumping and increasing its price,still we can't assure that it will stay like that.
legendary
Activity: 1036
Merit: 1002
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It depends if all your money you save then turn them all into bitcoin and once the bitcoin price decrease then it is really hard to see seeng our money loosing since we can't guaranteed the price if it will increase or not but then if your lucky ass increase the price of bitcoin then you will have high profit for sure anyways this is the way how can i earn bitcoin when decreasing im buying tons of couns and wait for the price to increase alternative is best like bch , eth and other cyrpto coins to have lots of bitcoins once i sell them.
member
Activity: 75
Merit: 10
Yes, it is very risky to put all your money or turn them into bitcoins because if you will put all your money in bitcoin then you will not have money that is left to be saved or putted into something like for having an emergency fund that will help you to secure yourself and the other places where you can put or diversify your money so i think it is not a good idea to put all your money in bitcoin unless you have a continuous source of passive income already.
newbie
Activity: 32
Merit: 0
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes, it's risky to turn all your money into bitcoin. Bitcoin is volatile and if you know what you are entering you understand the risk that you'll be taking. And if your money is just staying in the bank and earning with a very low interest better to take the risk in bitcoin by buying at dip and wait for it to grow. The profit in bitcoin may grow in lesser time than your expectation. More risk, more profit but invest only what you afford to lose.
Yes, it is risky o exchange your money into bitcoin because you don't know if it is a scam or it is true? If you want to gain your money exchange it a small capital of your money to invest it.
full member
Activity: 504
Merit: 100
I think it would be the most worth it risk if any investor will do that. I imagine a lot of poeple saying today to theirselves like " If only I go all in with bitcoin a long time ago".
full member
Activity: 532
Merit: 100
Yeah, I think so.  Because all the simple things is always risky and had a lot of it. So my opinion is just turn a bit or even half or your money and let see what's the result is.  And if you think is a good, then all back to your perception.
full member
Activity: 122
Merit: 100
oh. I never thought to make all my money into bitcoin because bitcoin is digital money, it has many benefits and also risks. If I turn all my money into bitcoin then I will lose everything if bitcoin is banned.
member
Activity: 102
Merit: 10
Bitcoin is green site for investing, investors are very happy being a part of it.
full member
Activity: 182
Merit: 100
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Obviously, Invest what you can, not what all you have.
jr. member
Activity: 168
Merit: 3
Yes it is. I think all investments have risks but for turn all you money its to greedy and how you can buy something without money.
So better invest only for what you can afford to loose or you will regret, nobody can predict what is going to happen crypto currency.
jr. member
Activity: 41
Merit: 10
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Totally it is risky turning all your money to bitcoins. As what they always say here just invest what you can afford to loss. So that no regret in the future just in case worse happens.
member
Activity: 120
Merit: 10
As Bitcoin price is going high day by day so its safe for investor to turn their money into Bitcoin.
newbie
Activity: 28
Merit: 0
Yes it is risky to turn all your money to Bitcoins because apart from the growth factor Bitcoin also have several risks in it which is not safe.But if you take risks then you will be something in this world but also be ready for the losses.
Pages:
Jump to: