Pages:
Author

Topic: is it risky to turn all my money to bitcoins? - page 75. (Read 37346 times)

legendary
Activity: 1596
Merit: 1034
All things in the form of investment must have a risk each depends on the readiness we make the investment. Turning all our money into bitcoin can be a huge advantage and can also be a disadvantage.
member
Activity: 224
Merit: 10
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Definitely, it's a risk to turn all your money into Bitcoin. You have to think twice or many times before doing that. Bitcoin's price now is really high and if you'll buy it, you have to have a huge money. I suggest, you invest half of your money to bitcoin and let the half stay in your bank.
sr. member
Activity: 560
Merit: 250
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

Anyone can accept this risk if all your money is spent on investing Bitcoin because price changes that take a few hours.
full member
Activity: 363
Merit: 100
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
member
Activity: 85
Merit: 10
Machine Learning & AI - Trustless Ledger System
Bitcoin is highly volatile, you can't know what tomorrow brings until tomorrow comes. You could invest all of your money and risk making a fortune or losing everything.

Yes it is volatile but even if it wouldn't be so volatile anyway it is not really good idea to invest all your money in single financial instrument.
member
Activity: 420
Merit: 11
REPUBLIA PRE-SALE : Aug 23rd
This is risky!
full member
Activity: 154
Merit: 102
it is not risky if you buy your money to invest in bitcoin because the bitcoin investment is very profitable, because bitcoin price is always increasing, which we need patience if bitcoin price according to wait until bitcoin price is normal again and increase. because the bitcoin price is very fast to return to normal again
full member
Activity: 182
Merit: 100
Yes! it is too risky to turn all your money into bitcoins, bitcoins is playing anonymous and there is no rules if you loss all of your money. investing money in bitcoins is like playing a game you did not know when you were win or losses. I prefer to you to invest some of your money into it and not all your money.
newbie
Activity: 58
Merit: 0
I think it is too risky. Of course BTC is a high growth currency, but no one else when the bubble will burst.
full member
Activity: 280
Merit: 100
Hello: puting all your money in bitcoin is very risky, hindsight is always 20/20. Cryptos are very risky, at the moment everything is going up and looks so  great but if there is a firesale the door gets small and the prive will drop. If you are in for the long run and believe in the tech you should be okay

Cheers
full member
Activity: 154
Merit: 102
Definitely because if you invest all of your money in bitcoin then would result all of mode of payment would be in online but would happen if there is no internet or power supply then it would result you no way of paying some of your bills. But at the same time it is also considerable to invest in here because the higher chance of return in investment.
member
Activity: 196
Merit: 10
Of course it's risky to transfer all the money into bitcoin. The risk is always there. It is better to invest a part, so it will be safer. It's a very volatile market so you need to learn about it if you don't want to loose your money. If you invest all your money in the bitcoin the risks you will face become bigger and I do not think it's a good idea. Undecided
full member
Activity: 378
Merit: 100
In my own opinion it is not risky that you put your money in buying bitcoin or investing it in bitcoins.
In fact it is a wise thing to do since many people in this world are investing in the company of bitcoin; they will provide you a high level of assurance that your money is in the good hands.
member
Activity: 129
Merit: 10
at this point yes, but If market drops by 90% I will go all in.
newbie
Activity: 7
Merit: 0
Extremely risky, as most in the thread have already pointed out. Just remember that life isnt all about money and as an adult you have to be responsible, even financially.
member
Activity: 574
Merit: 12
Yes it is risky to turn a your money to bitcoin. Like all other investment bitcoin got its own risk and as the saying goes you don't put all your eggs in one basket. I suggest you use part of your money on bitcoin investment and the other part on other investment. This way you feel more relaxed so if bitcoin price goes down you won't feel it.
member
Activity: 238
Merit: 57
This was answered a long time ago in real life!
so many relationship were broken, marriage are untied because of bitcoin,
so many family broke up because the father invest in bitcoin

but look at  now whose successful? support, trust and be successful together
the higher the risk the better the prize

I think it is not risky, because more time the value of the bitcoin raised. it is very rare in the bitcoin that the value of it fall down. If ther is always raise in the value of the bitcoin then turning all your money to bitcoin is  not risky. It is good for you because the raising in the value of the bitcoin will raised the value of your invest in the bitcoin which will directly increase your money.
newbie
Activity: 7
Merit: 0
i do not think its risky, if we make all the money we have in to bitcoin. so you have to take a just simple.
full member
Activity: 532
Merit: 101
This was answered a long time ago in real life!
so many relationship were broken, marriage are untied because of bitcoin,
so many family broke up because the father invest in bitcoin

but look at  now whose successful? support, trust and be successful together
the higher the risk the better the prize
sr. member
Activity: 504
Merit: 251
★777Coin.com★ Fun BTC Casino!
It is a risk turning everything into bitcoin and it could pay off in the long run. If you are willing to maybe loose everything then yes it is an option but if you feel you couldn't lose everything then don't.
Pages:
Jump to: