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Topic: is it risky to turn all my money to bitcoins? - page 86. (Read 37346 times)

sr. member
Activity: 658
Merit: 250
Yes it is. Bitcoin is so volatile so it has a 50/50 possibilities whether you will gain or loss.

It is better to hold 50% BTC and 50% of top-altcoins (such as ETH, Monero, IOTA). By this way you will have balanced criptocurrency portfolio
member
Activity: 73
Merit: 10
All investments are risky because there is always a degree of uncertainty since none of us can predict the future. I suggest if you want to invest in bitcoin or in any investments, invest only what you can loose, investing all is just not wise and may compromise your future if it did not work out.
full member
Activity: 1218
Merit: 105
Yes it is. Bitcoin is so volatile so it has a 50/50 possibilities whether you will gain or loss.

Yeah it's not recommended to trade all your money to bitcoin. The price is unpredictable it can rise for a short period of time and vise versa. just invest what you can afford to lose.
full member
Activity: 168
Merit: 102
Yes the thing you will do to exchange all the money with bitcoin is a risky thing. At least you have some enough paper money to spare if the bitcoin price goes down.
member
Activity: 126
Merit: 10
Renewable Energy Cryptocurrency
It is very dangerous to put all your money to something. For crypto market, you should devide your money into 4. So you can put 1/4 of yout money to bitcoin and the rest 3/4 is to altcoins. This is a better idea.
newbie
Activity: 14
Merit: 0
I'm sure someone has already said it but diversify. And that doesn't just mean buy altcoins, since altcoins tend to follow bitcoins price. Add some stocks or other complete different asset classes.
member
Activity: 384
Merit: 11
First LEARN then EARN
yes of couse,  I will not recommend you to turn all money to bitcoin. because no one predict 100% sure. therefore invest money that u can have take the risk.
full member
Activity: 378
Merit: 100
NO, actually putting your excess money in investing in bitcoin is a wise choice. Investing your money provides you a high level of assurance that your future is secure and is in the good hands.
sr. member
Activity: 318
Merit: 251

It is worth remembering about the risks and diversifying your investment. This is how you can earn money. Every investment and exchange of funds can have losses and every person should be mentally prepared for this.
sr. member
Activity: 322
Merit: 250
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is worth remembering about the risks and diversifying your investment. This is how you can earn money. Every investment and exchange of funds can have losses and every person should be mentally prepared for this. Tongue Roll Eyes
full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
Definitely yes! It is very risky but it is still up to you if you are a risk taker then go. But for me, I won't going to do that, just remember the phrase "Only invest what you can afford to lose".

I agree, risking all your money will somehow make your investment a gamble and I think instead of earning it would pose great risk to your investments and may instead harm your investment plans since you go all in, you will not be prepared for unwanted scenarios and unfortunate events. Just go beyond your safe zone but not to far across the line.
sr. member
Activity: 547
Merit: 253
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes. Turning all your money is so risky thing that is so hard to do. Bitcoin is volatile and turning all your money is not a good thing to do. Maybe i suggest is to mine satoshis and join signature campaigns but not to turn your money into BTC. No one can predict when the Bitcoin's price will increase and fall. You can also turn some of your money and leave some of it for your savings and daily needs.
member
Activity: 224
Merit: 11
Sharpay - Share Button with Blockchain Profit
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

You can divide your money into several coins, solid coins. Then the risk will be lower rather than just putting all your money into one coin. It's too risky to go with Bitcoin alone.
newbie
Activity: 75
Merit: 0
Yes it is risky. Because you must still have a money for another thing, like for emergency purposes. When you put all your money in Bitcoins, then when it get hacked then all your money was gone. Nothing left. So better to left a portion of your money in case your investment do not went well.
sr. member
Activity: 434
Merit: 251
This is a rather risky step to turn all your money into bitcoin better to do it with a certain part of your funds and not all at once
full member
Activity: 490
Merit: 100
Of course it's too risky. You should just invest what you can afford to lose so by the end of the day you won't br disappointed. Or you can invest in different kinds of investment to minimize the risk of loosing all your money.
It’s not a good idea to turn all money in investment because first thing is that there is no need to invest your all money n bitcoin even billionaire are not investing such a big amount in bitcoin and I will tell you a good quality of bitcoin if you invest a little art of your money in bitcoin so it’s more than enough to invest and it can make your money double.
rpg
hero member
Activity: 728
Merit: 500
It is not a good idea to have all your money in BCT. It is better to do it slowly and build up the ratio between money and btc untill you feel confident with it
hero member
Activity: 672
Merit: 500
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is worth remembering about the risks and diversifying your investment. This is how you can earn money. Every investment and exchange of funds can have losses and every person should be mentally prepared for this.
member
Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
it's not a danger either is not something you are doing well and I've invested in different bitcoin coins. and I can say that it is not dangerous for my bitcoin money.
newbie
Activity: 101
Merit: 0
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
never do that, you should invest in many things, many coin ect. don't bring all your money for buying bitcoin, it's not a wise chose
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