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Topic: is it risky to turn all my money to bitcoins? - page 95. (Read 37348 times)

newbie
Activity: 49
Merit: 0
It is very risky to use all of your money to invest in bitcoin, we will never know the day bitcoin drop dramaticaly making us lost all the profit, so a better way is to divide them in half and invest them in bitcoin and etherium
sr. member
Activity: 560
Merit: 290
www.thegeomadao.com
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me it is not. Many people says that do not invest our money to the bitcoin because it is not the right time. They say that we should a wait a moment that the price of bitcoin will go down. I think it is not a good decision because I believe that the price of bitcoin will not go down. I think it is better if we should put now all of our money to the bitcoin.
yeah , im too.
someone tell to me must wait bitcoin price go fall , but i waiting , and never fall but always rising.
everything in this crypto world have a risk , trading , invest , gambling and other activities , but im sure , if u put your money all in to bitcoin , and invest for longtime , i believe.
bitcoin can make your money x2 - x3 who knows ?
member
Activity: 336
Merit: 10
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Banks can only offer minimum interest so there are some peole tried their luck in investment. But it is not all charms and prayers. Investment requires enough background knowledge and courage. You should also analyze the risks and think of the ways you can lessen it. Investing all your money is a bold move but you should also know that life doesn't have undo button.
full member
Activity: 434
Merit: 117
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me it is not. Many people says that do not invest our money to the bitcoin because it is not the right time. They say that we should a wait a moment that the price of bitcoin will go down. I think it is not a good decision because I believe that the price of bitcoin will not go down. I think it is better if we should put now all of our money to the bitcoin.
full member
Activity: 291
Merit: 101
https://icoenergy.org/
I think investing all your money in bitcoin is to risk, bitcoin is to volatile, it might go down as fast as it goes up, I suggest for you to save some as a financial security, so that you can still have something if your investment fails. But it is still up to you if you will proceed or not. If you will take the biggest gamble in bitcoin and trust your future in it.
newbie
Activity: 33
Merit: 0
yes it is always risky to invest all your money in trading or bitcoin ..
full member
Activity: 167
Merit: 105
Investment always involves risk. But putting it all in one place is too risky. Bitcoin's value is always changing and we don't know if it will always be pumping. It is better to divide your money to different investments or projects. Don't focus it all in bitcoin because there are also altcoins who has the potential in case something went wrong with bitcoin.
newbie
Activity: 185
Merit: 0
Without any doubt "no half measures" is risky in such a case. It's always better to turn that part of the money to bitcoins which can't damage your budget to a great extent if there is some unpredictable failure. The slight trick which is used by many people is to invest in several cryptocurrencies simultaneously so to make sure that you will gain some profits anyway.
member
Activity: 76
Merit: 10
Bitcoin is too volatile, dont put all your money in it. Maybe put a 20% then leave it a year. Treat it that you already lose it
legendary
Activity: 2982
Merit: 1028
Yes, of course, it is risky, if you are really interested to turn all your cash in Bitcoin then turn half of your amount to Bitcoin. So that if some disaster occurs it should not harm your life.
if generalizing then its should not be all in because we can't say what can happen the next day, we can place big part of our investment if we
really do believe that bitcoin will turned big after some years, so if worse things happen we still have some money to use especially in any
emergency cases.
xz
member
Activity: 168
Merit: 10
if you are a risk-taker and already an expert in making money in bitcoin, then go for it. After all, all kinds of online investments are risky and bitcoin is no different from it. But if you are newbie to bitcoin investment, it better to study cryptocurrencies first and their volatilities.
No its not riskey at all to transform your money into bitcoins in light of the fact that the costs of bitcoins are going increasingly elevated quickly so its safe to change over all your money into bitcoins and keeping money has alot of hazard so in the event that you don't need any sort of hazard than change over all your money into bitcoins.
hero member
Activity: 910
Merit: 501
There are many possible ways to make profit with bitcoin, unfortunatelly there are many ways to lose money with it as well.
It does not have to be a decrease of bitcoin price.
The coins can be stolen, you can make a mistake with a transaction or simply forget the data to access your coins.
So bitcoin is and always will be a risky business.
Turning all your money into a risky investment is not a really good idea in my eyes.
member
Activity: 84
Merit: 10
Yes, of course, it is risky, if you are really interested to turn all your cash in Bitcoin then turn half of your amount to Bitcoin. So that if some disaster occurs it should not harm your life.
full member
Activity: 602
Merit: 100
That's a high risk but it also offers high profit in return if nothing will go wrong along the way. The question should be is, are you prepared with the risk? Because if you are then you can go do it but if you are smart then better not do it.
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
Seriously why is this thread still alive?   can you newbies stop shit posting? 
member
Activity: 378
Merit: 10
I know several people who have transferred all their savings to bitcons and are now getting a decent profit.
Recently, the information was published on the first bitcoin billionaires brothers Cameron and Tyler Winklevoss.
So it's not too late to get rich on bitcoins. I think.
newbie
Activity: 9
Merit: 0
of course it is better risk to convert bitcoin into cash Smiley
full member
Activity: 350
Merit: 100
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.
legendary
Activity: 3766
Merit: 1217
Bitcoins are currently worth $ 11,000. From the beginning of 2017 until now, bitcoin has been x7 times. Currently my main income comes from tradecoin and bitcoin. I am sending all my savings into bitcoin. Be very careful when investing.

LOL... You are saying that you should be very careful while investing. And at the same point, you are saying that you are converting all of your savings to Bitcoin. You are already having a sizable Bitcoin stash. What is the need to increase the risk by adding more coins?
full member
Activity: 448
Merit: 100
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes, I think it is risky.Because Virtual currency always decreases the value increases.But the value of government approved money does not decrease.If you buy bitcoin with all the money, then it can be reduced at a time.Although it can be good and beneficial.There must be risks here.
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