Investing is not secured as it is also like gambling.
we dont know the market and it can slide or rise.
Never invest all your savings on anything make sure you are safe for your future.
Though we all know that greater the risk will give more profit.
But still, better be safe than sorry. cryptocurrency is unpredictable and we should make research as always!
Topic: Is it safe to invest all my savings in cryptocurrencies - page 2. (Read 4662 times)
For sure no. Crypto currency is a risky asset and the best solution is to split funds between several sources of income.
I would share between crypto, stocks, gold and assets
I would share between crypto, stocks, gold and assets
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
maybe by investing everything you have for investment with crypto currency you should consider all the risks that will be obtained in investing my advice invest half for crypto currencies and half your real investment 
It depends but dont invest all of it. because if there is an bear market and you need money for an emergency you will have none, so i recommend about 60% of your savings but it depends on how much it is.
It depends on where you are, if inflation eats your savings is better cryptos, but you also have to take into account that to keep money you need stability and that is something you will not find here for now, so do it at your own risk, always taking into account that you can lose it or duplicate it.
If you want to put all your savings at risk, go ahead. Keep in mind that the% on which the market will change will have a very strong effect on your psyche, both in case of growth and in case of recession. Both situations will lead either to depression and mistakes, or to euphoria and even bigger mistakes. Keep it in mind.
If fast Bitcoin transactions are of interest to ordinary people and they want to change their attitude towards fiat money, then crypto has a great future. I am ready to transfer part of my money to crypto.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
It is great that dreamers are still amoung us, but you shoud better spend all your money on charity, because we do not know what will happen to market.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Now the world CryptoWorld associated with great risks. You can both earn a lot of money and lose. It's your choice whether to risk it or not. The main thing is not to invest all your money to stay with nothing.
There will be no definite answer. Keeping money in the Bank is more secure, but the percentage of keeping money is very small. On the other hand, if you keep money in cryptocurrencies, this is a great chance to increase your savings, but the risks that you will lose part of the money are much higher.
Of course not. You must consider risk factors, so you must prepare plan B if something bad happens to your assets in cryptocurrency. As we know, price movements are difficult to predict, although they can be analyzed sometimes unexpected things happen. So divide the assets that you have in accordance with the portion that is sufficient in your opinion, partly in fiat, and partly you can invest in cryptocurrency. I think it's safer.
any investment implies risk, and investment in cryptocurrency is more risky but also more profitable compared to keeping it in the bank. in investing in cryptocurrency, the choice of a coin and the correct entry point are important.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
I think that if you choose between a Bank and a cryptocurrency, the choice is obvious. Only on the condition that you buy cryptocurrency for a long time, because at a short distance cryptocurrency can lose to the Bank.
You should not use all of your savings on cryptocurrencies because it is not as good as it seems. Many investors go bankrupt every day because they blindly invest in cryptocurrencies!
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
This is a very risky move. If you do not have a friend who could advise you on trading in CryptoWorld, I would not advise you to invest in Crypto.
If you want your money to grow more, it's better to invest in Crypto. The crypto market is very large and has a very large volume of buy and sell transactions. And this is a very wise decision and many people get rich because they trade in crypto.
It is not safe to invest all your savings in cryptocurrency but the best choice is a part of your savings MUST invest in cryptos then the other part maybe make or establish your own business.
It is never safe to invest everything into one single industry. But if you want to take the risk and to invest all that you have in crypto, try to invest in at least 15-20 projects to reduce the chances of getting scammed.
For security it is certainly very safe if you move money from savings to cryptocurrency. But for the price or amount of money it will change according to the price of the coin. So you can get an advantage if the cryptocurrency coins increase in price.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
maybe for now banks are still the best choice because the government in my country is still banning transactions directly using crypto currencies and there is no guarantee of security in saving our assets in investing Jump to: