Is it safe to invest all my savings in cryptocurrencies - page 18.

nytrolic

member

Activity: 165

Merit: 10

The World’s First Blockchain Core

Quote from: Absolutep on August 24, 2018, 05:02:10 AM

Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

That is good decision actually. Beucase you can earn some money with investing banks only 2 3 percentage. But you can earn more money in crypto. But i can not advice you to investing all of your life savings.
Please invest wisely. and maybe you already know about that. there is a important sentence. please invest which you can afford to lose. Do not invest with your all life savings please.

antolinicio1

full member

Activity: 518

Merit: 100

When do investments happen safe? Any investments have the risks, somewhere they it is more, and somewhere they it is less. Cryptocurrencies have very big risks. It is very heavy to understand what will be with the crypto market in the future. Therefore I don't advise to invest all the money in crypto.

MOProgress

full member

Activity: 868

Merit: 116

Quote from: Absolutep on August 24, 2018, 05:02:10 AM

Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

Please investing all your savings in cryptocurrency is never a good choice. The cryptocurrency business is a 50/50 business which you need to invest wisely.

lelou

full member

Activity: 574

Merit: 102

Investing your savings on cryptocurrencies is a good alternative for storing your money on banks. It has a higher risk of losing money tho

muzkle

full member

Activity: 266

Merit: 100

The Premier Digital Asset Management Ecosystem

Investing in electronic money can give you the opportunity to make a lot of money. But it can also hurt you when it comes to risk. The non-governmental electronic money market should be able to evaporate at any time. Therefore, I advise you only to invest in this market a capital which if lost you are not much affected. 20-30% of your savings is an acceptable choice.

itsik78

full member

Activity: 462

Merit: 100

Quote from: Absolutep on August 24, 2018, 05:02:10 AM

Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

I do not think that this is a wise choice, especially now, when such a situation in the market. I would not do it and I do not advise you

missyqt29

member

Activity: 434

Merit: 10

Quote from: Absolutep on August 24, 2018, 05:02:10 AM

Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

You can become an entrepreneur, but you shouldn't become much of an entrepreneur. You shouldn't put all your money in the crypto world, because some cryptos are not stable and it is like taking risk when you put everything. There is nothing left for you, if the cryto's market value drops, it is your responsibility to bear the consequences.

abubakar.tapo

jr. member

Activity: 109

Merit: 1

I have invested in real time only those funds that I am not afraid to lose. I gain day trading experience. Under certain conditions, I will increase the volume of financial investments, but not all the available funds.

Ruby_Official

copper member

Activity: 126

Merit: 0

No Please don't do that sir. If you're asking it, that means you're not the advanced investor yet.
Investing is not like getting everything of mine in from beginning.

indobitcoin.tk

sr. member

Activity: 700

Merit: 250

If all your savings then don't. assign it some to remain stored in the bank. When things get into the crypto and this spring in a bad value then it would be a problem if should be forced to take the savings you have in a low value. Moreover, many hackers are popping up also makes it dangerous as it will increasingly make assets unsafe.

tomsoier

full member

Activity: 784

Merit: 115

If you are going to hold investing for several years, then investing in bitcoin may be a better solution than putting it in a Bank. Investing in altcoins for a long time is risky, because top altcoins change each other for several years.

Korkorjkk

member

Activity: 546

Merit: 11

It is not safe to keep all your savings in cryptocurrency, it will be better you divide your savings and invest half in cryptocurrency. In crypto, you can make a lot of profit or lose a lot of money. You don't have to invest something you are not willing to lose.

bharatpatel

full member

Activity: 248

Merit: 100

diceroll.xyz

It's more good you keep money in bank. Don't dive in the crypto market without knowing it. It's better you learn about this market and try to start with small amount instead of all your savings. If you find you are good then go for big amount but all savings really bad idea.

Bonwin

member

Activity: 798

Merit: 38

I am sure some people still invest all they have into cryptocurrency. Which is what we need to know, so as not to blame ourselves for any wrong decision we make. You need to be aware that investing all that you have, apart from the possibility of loosing your fund, it might not be effective enough. The reason i said this is that there are times you might need fiat,just because of some changes in the crypto market.

jcmansah7

member

Activity: 434

Merit: 10

No, it is not advisable to invest all your funds in crypto investment because you can lose it in case the cryptocurrency dumps and also sometimes you can go in for a short term investment which can turn into a very long one looking at the volatility of cryptocurrencies. In that case you will be left with nothing to fend for yourselves.

94K

member

Activity: 350

Merit: 10

HiveNet - Distributed Cloud Computing

Investing in cryptocurrency is one of the best choices ever to make in investment. For me I won't invest all my money into cryptocurrencies because I think its not safe.

rabinot

jr. member

Activity: 154

Merit: 1

This is a reasonable choice, but it seems to me that everything is not worth investing in the market because they can sink very hard and you will sell everything in a panic

GatotKaca

sr. member

Activity: 1372

Merit: 250

Seabet.io | Crypto-Casino

Quote from: Absolutep on August 24, 2018, 05:02:10 AM

Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

Investing all of your savings into the cryptocurrency is not wrong if you dare to take a big risk and you need more knowledge about cryptocurrency because if you only invest without doing anything you can get failure.

Don Lord

jr. member

Activity: 196

Merit: 1

I think that investing all your savings is reckless, but not even in crypto , and in any other activity no one invests everything that he has, allocate some percentage of your amount and invest.

Litefoxx1698

member

Activity: 182

Merit: 10

Maybe you should try to invest at first some of you money and watch how you will get your first profit and only then decide how much money you can invest to crypto

Topic: Is it safe to invest all my savings in cryptocurrencies - page 18. (Read 4662 times)