Topic: is it risky to turn all my money to bitcoins? - page 74. (Read 37346 times)
Bitcoin price has fallen down to under $17.000. So you can put all your money to Bitcoin now. Its price will recover to $20000 in 2018. You can get big profit
I would not advice you to do that. Turning all your money into bitcoins is very risky simply because this is something that is still trying to gain acceptance and is highly volatile. Anything can happen and the prices can go down, emergencies come up during that time and you may not have the money to pull yourself out of a situation.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Of course its risky, although bitcoin is at the highs right now we can't assure that it will be here forever. Everyday bitcoin price moves it goes up and goes down a lot. Just put it in the bank ang wait for it to gain its interest.
A lot of people here will tell you to invest in bitcoin because it's a sure thing, but seriously, nothing is a sure thing. Bitcoin is awesome, but I would say it is always risky to invest ALL your money into one thing. So like some others here already mentioned don't invest more than you can afford to lose. Then what if your account will be hacked or you lose your private key or something then all your money will be hacked too?
No i think is reasonable to put your money in bitcoin and wait for 3-6months then you well more profit. Compare to bank
Putting all your money into bitcoin risky mate, what you do if the price come down and you need urgent money.
It depends to the person actually, if you are an investor you would assure if the place that you are going to invest is safe. Investing in bitcoin is not risky so long as you have that money and courage to earn.
No i think is reasonable to put your money in bitcoin and wait for 3-6months then you well more profit. Compare to bank
If your an investor you have to manage your money on how to make sure that your gonna invest is trusted. By that you can stop and think if you want to invest all your money to it. But for me you have to balance first. I mean you have take the small investment. And if you think that investment will succeed then you have to take your risk to invest all. But you have to watch it every single day. Because it make took out to you or it make gone. So you have to use your smart brain to invest your money.
All the investor wants to invest in a safe side, in cryptocurrency sector Bitcoin is the most appropriate and stable coin. So its risk free to convert all money into Bitcoin and Bitcoin is the most profitable coin for reserving.
If I ask, I am so fear when it comes to money, for me its so risky to turn my money to bitcoin but my loyalty is here to bitcoin, but if my money become from bitcoin and I want turn it my answer is yes I want to turn it and if I turn my own money from my other job I think I want to think more before turn it.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes ut risky to turn all your money to bitcoin because you don't even know ehat will happen next. But thise risky monebts should take it becaus for us to learn in future. Bitcoin has huge of help so that it is better to take the risk for us to earn and make more money.
As we already know it, bitcoin's price is volatile that it can fall down or rise drastically at any point of time which means investing on bitcoin is really risky but if only you have the heart to take the risk, then you will probably end winning because although investing in bitcoin is risky, it always put you in a winning column.
It never makes sense to put all your horses in one stable. I assume you do not really have 1000 of $ to invest. Still, spread the investment among good coins. You don't need to buy full ones, a fraction of a coin does it as well. but if you are sure about it and u know that it'll b a success story then don't hesitate, though putting all your eggs in one basket can be very risky at times.. but it depends how confident you are and how much research u have done.. if all indicators are good then go for it..
It is very risky to put all your money into bitcoin. Why? What if the price of a BTC falls down and you invested all your asset into BTC. Investing all your money or asset to bitcoin will only make your life miserable.
Yes it so risky to invest all of your money to bitcoin because bitcoin is increases and decreases its value to the market even if you invest a lot of your money it will ganno drop out if bitcoin is going down so dont invest to many.
Yes of course. what if your account get hacked or you forgot you account that`s be a big problem. but to avoid that try to seperates on different account your all bitcoin. to avoid forgetting/ be hacked all of your money...
Based from financial experts, diversification should be done in terms of investments. Why? If you invest everything in one source, that's the only thing you have. You don't have any back up sources in order to support your other investments whenever some falls down. As of now, BTC has not establish a stable growth and this is also one reason why you shouldn't invest everything to BTC.
Yes it is risky to invest it all because we can never can tell if when it will increase or decrease. For me just invest an amount that you can afford to lose.
It has a risk if your money turn to bitcoin, right now the price is high, if you invest your money now and the next few days the price gets low, your investment will also get to, day by day the price of bitcoin is increasing snd decreasing, we cannot be sure about the price, so think twice.
Yes it is risky, There is always a risk in every investment you will going to made in the future but the best thing to do is believe that there will be something good to happen on bitcoins so we should hold our bitcoins longer to earn more profit in the future.
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