Topic: is it risky to turn all my money to bitcoins? - page 99. (Read 37348 times)
NO it is not a risky thing to turn all money to bitcoin. Because bitcoin is more safe than real money. So you should turn all your money to bitcoin.
Of course it's risky. But considering your situation which I do not know, you may beat the karma (or chance or Universe or probability) and get off with it pretty good. Life's the absolute risk! That constant inevitability of death sure makes it easier to do crazy things 
In my opinion, Yes it is risky. There is no doubt that bitcoin is good for long term invest but we are all really not sure about the future so its better to have remaining money on your pocket just in case this industry will come down.
too risky. yes its growing now but trends are not constant...
It is risky to turn all your money into bitcoin from one aspect. That is, if you are going to invest al your money in bitcoin, then there is a possibility that you are going to face some difficult situations. During such situation, you do need to have some paper money in your account. It is better to save some amount for difficult situations. This will help you in facing all kind of problems.is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
very risky, but depending on your beliefs and knowledge of bitcoin to invest all your money one thing is for sure in the investment world there is not an investment that always gives significant profit in the near future it takes a lot for you to achieve it
It will not be wise if you turn all your cash to bitcoin. For example in my home country we use Fiat to purchase almost all our local goods from the local market. Therefore it will be stressful if you turn every money you have to bitcoin. Gradually we would get there but for now it is not be a wise ideal.
too risky. yes its growing now but trends are not constant...
It is risky to turn all your money into bitcoin from one aspect. That is, if you are going to invest al your money in bitcoin, then there is a possibility that you are going to face some difficult situations. During such situation, you do need to have some paper money in your account. It is better to save some amount for difficult situations. This will help you in facing all kind of problems. 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 IF you are not watching on the movement of BTC price. Bitcoin and other cryptocurrencies are well known for their volatility - meaning, their price might go up or down anytime. If you put all your money on bitcoin, and left it for a long time there in your wallet or trading account, the tendency is that when the price of bitcoin by that time drops, then you'll lose a lot of your capital/investment. It is good if the price of bitcoin by that time rises up, but that's not the case most of the time.
Yeah it's very risky it is because that crypto values are volatile. These currencies are undergoing big ups and downs in a short period of time. You won't know if you'll get a profit or not or you'll just suffer the negative outcome.
The more risk the more money you can make
Hella risky, I would never tho this. What if you need money for emergency situation and BTC has currently crashed and you've lost lets say 20% of your money?
This would result in two cases. In the first case, he would be a rich man after a major bitcoin pump. In the seond case he might have lost his 50% capital and get depressed eventually. Never do this, very risky.
if in my opinion yes of course very risky if you turn all your money into bitcoin because we have to think later in the future because everything no one knows what will happen and of course everything must have risks.
because we notice the value of bitcoin prices are always unstable sometimes down sometimes rise high because of the existence of tidal and for example at any time you again need money but suddenly bitcoin prices are decreasing and you do not have the same value, then you will lose.
so I suggest you better put half of your money to invest in bitcoin and then half you do a different business
then in this way you will be able to have money when you need it
of bitcoin you can allow it to be invested in a long period of time so that more get bigger profit later.
because we notice the value of bitcoin prices are always unstable sometimes down sometimes rise high because of the existence of tidal and for example at any time you again need money but suddenly bitcoin prices are decreasing and you do not have the same value, then you will lose.
so I suggest you better put half of your money to invest in bitcoin and then half you do a different business
then in this way you will be able to have money when you need it
of bitcoin you can allow it to be invested in a long period of time so that more get bigger profit later.
Indeed i'll agree too. Basically have big or small amountof mney, 'll purchase bitcoin and hold it for some time just to support the task. I'll never believe the risks, just buy and maintain. For me personally, there's no need to state that bitcoin is a rip-off. oI
Yes, it is very risky to turn all your money to bitcoin. It is ok to invest some but not up to your last penny that you don't have anything left in case anything happens. However, this is the game of bitcoin, its price is dominated in the market by the big people and people behind its network. It is true that bitcoin value is unpredictable and may go up and down, but if we have learn important facts about It and know techniques, then it can give you a good profit as well.
it's dangerous to put all the money in bitcoin, I invested 50% of my money in the crypto currency. the second half involved in business.
need to have multiple sources of income
need to have multiple sources of income
Just make investments on bitcoin, never rely your all money on it.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
If you compare it with your silent money in the bank, better invest 30% - 40% of your money to buy bitcoin. Let money work for you, not you who work for money.
I agree, never invest all of your money into one thing, you are better off moving a percentage of your money into Bitcoin and let it sit there and don't touch it.
I don't think so because it is too risky to put all your money to bitcoin, knowing that bitcoin is volatile and can change everynow and then. If you want to invest on bitcoin just try to put little by little until you understand how to manage bitcoin.when you know how to handle it then I think you will be able to play with coin trading 
Hella risky, I would never tho this. What if you need money for emergency situation and BTC has currently crashed and you've lost lets say 20% of your money?
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes, it's risky to turn all your money into bitcoin. Bitcoin is volatile and if you know what you are entering you understand the risk that you'll be taking. And if your money is just staying in the bank and earning with a very low interest better to take the risk in bitcoin by buying at dip and wait for it to grow. The profit in bitcoin may grow in lesser time than your expectation. More risk, more profit but invest only what you afford to lose.
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