is it risky to turn all my money to bitcoins? - page 87.

Chienna

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

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.

Vohoanghiep

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You can turn it into Bitcoin anytime you want. At the present time when its price is high, you will not need to do anything but still be able to make a huge profit. However, you need to have a huge capital and must choose the right time. Besides, you have to be sure that you will never lose everything if you lose you, always back up every situation, that is the smart investor.

benmartin613

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

I have a regular work with a good amount of salary the way i do it is that i invest half of my salary every month into bitcoin rather than sitting it in my bank, ive withdraw all my deposit in my bank and right now its all in bitcoin.
The interest bitcoin is giving is so much than the % of the bank per year, im profiting so much right now ever since im joined bitcoin.

lisa255

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

So in the bank they are under protection once and the percentage drips slowly, and the bitcoins that put everything, the price will drop and all your money will be gone. The risk is huge, you need to understand that bitcoin is not a controlled currency.

shezu007

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Quote from: DBronze98 on December 07, 2017, 12:54:47 AM

Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Please turn all your money into bitcoin if you want as this is an option of smart people. Investing in big potential altcoin like bitcoin is a good option.

i don't agree with the idea of friend that turn all your money in bitcoin because according to my experience its not good to turn all your money to one place because it is very risky and in life no one know that what happen in next sec so we need to take care while taking any step just like that we need to keep our money in some different places so that we can protect our life from a big loss through this way.

deppil

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Quote from: lunaalthea on December 06, 2017, 10:14:39 AM

Yes it is risky, every decision in investment is a risk but you have to analyze carefully if the risk is equal to the payback youre gonna have and if its worth it. Anyways, in my own opinion.. too much of something is always bad that is why you should not turn all of your money to bitcoins so that when an emergency comes you'll have money

yeah because all investments are at risk and there are times where the bitcoin price situation does not match your expectations or the price goes down and makes you lose. if you use all your money to invest you would lose a lot. that's why using all the money is very risky. so you should have other funds that are kept in the backup of funds

DBronze98

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Please turn all your money into bitcoin if you want as this is an option of smart people. Investing in big potential altcoin like bitcoin is a good option.

codered000

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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.

christina30

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

You need to think strategies on how to earn more and to prevent your capital in a possible loss. You dont have to invest all your money,leave some for your savings and daily needs. And have other source of income to fullfil your family's needs and wants.

sarjilcse

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I can feel your feelings mate. BUT yes, Its too much highly risky. i say too much. There is no surety to you can always got profit form it.Meanwhile its heck of volatile. So turning all your money into bitcoin is gonna give you a lot of heart shocks each day. But yes can invest 20-30% of your money for long term.

chocolaty

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It isn't advisable to turn all your money to a single investment. This will decrease your chance of earning income. Imagine bitcoin going for a huge dump or even no value at all and all your money is invested in it, although this is not likely to happen, still consider the worst case scenarios. This does not only apply to bitcoin but to all kinds of investments.

wer9d25gqj

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

bitcoin is very risky, you wont know if it is going to increase or decrease in the coming months, I suggest that only invest money that you wont afraid of losing maybe around 30-45% of your money.

carlisle1

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Quote from: Monta3002 on December 06, 2017, 10:13:42 AM

Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Every investment is a risk, do not turn all your money to bitcoin just a half of it will do. Yes, bitcoin is powerful and increasing month by month but it is hard to return all your money if the price drops for some reasons and you'll regret it.

your right mate,investing all your money is not advisable
in crypto.never put all the risk of losing in just a single source of
profiteering,maybe 1/2-3/4 of you funds is ok because here in crypto
,NEVER INVEST WHAT YOU CANT AFFORD TO LOSE ..

rog1121

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Quote from: Sweeet123 on December 03, 2017, 01:02:23 PM

Yes it is risky to turn all your money into bitcoins, there is a famous saying never keep all your eggs in the same basket, as you might risk losing everything, invest only a part of your money in bitcoins, an amount that you can risk to put in bitcoins, so that touchwood if you make a loss that would not affect you in a big way. True that more the risk more the profit , but this is only true when you have a lot of resources to put on stake, else one should always play safe

yes it is a little risky , if you turned all the money to the bitcoin and the rate of the fall down and you need the money for some of your need and you want to use your bitcoin, in this case you will lose some of your money but in major case you will earn money because the rate of the bitcoin is rising all time.

Bitcoin2009

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No, in fact we will get big profits, now prices continue to skyrocket so I never hesitate to investing all money to bitcoin.

Visbay

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Quote from: Rascar Capac on December 05, 2017, 05:32:47 AM

Yes it is really risky to invest in bitcoin because it is volatile currency and in each second it’s value is changing rapidly....

It’s not risky but I think it’s not a good idea to do so because I did not see any one even billionaire are not going to invest there all money and I will tell you about bitcoin its very good for investment your little amount of money is enough for it just start will little amount and you can make your money double and that’s what I’m doing here from a long time and now I’m very stable in my life because I have my own business and now I want to start daily trade also.

meepowithaghs

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If you sell the bitcoin when the price is low expecting for it to collapse more but in opposite it grows and you have nothing to do but to deal with the loss. Be wise and do not go all-in when buying or selling bitcoins.

ace4549

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No, it is a wise decision that you need to make. Since as of this moment bitcoin performs excellent performance which gives them a wonderful outcome; wherein every bitcoin values more than Php 615,000.00 through this you are rest assured your investment is in the good hands.

Johnzky

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Quote from: jonathan6655321 on October 05, 2017, 05:15:45 AM

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

always remember that ONLY PUT AMOUNT THAT YOU CAM
AFFORD TO LOSE..because here in crypto only the skilled and lucky
wins..and most of those capitalist fails.so better be aware of the risk
in losing what youve got here in this community

didoubk

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Investing huge funds in btc might be risky because like any currency u might lose or win but considering the btc price and its rate of augmantation in this periode will definatly encourage any one to invest although it will always be risky but no gain will come without taking some risk along the way and the biggest the risk the gain will be bigger and bigger so good luck to every one.

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