Topic: Is it safe to invest all my savings in cryptocurrencies - page 23. (Read 4624 times)
Crypto is extremely volatile so its not a wise idea to invest all your savings in it, it can make you bankrupt in a single day, just watch the waves and invest only as much as you can afford to loose.
I would not advise and be able to ensure that Crypto is safer than a bank, but we have to compare our opportunities to be able to make a profit if we put our funds into Crypt rather than the Bank because in Crypto we allocate funds as assets but if the bank is only a savings the value will not it rises and decreases every month for administrator purposes, but if in Crypto we can make a profit if the price at Crypto rises high but with a huge risk if prices continue to decline but everything is just a matter of time.
To me it's not good to do such. Invest what you can afford to lose and what you can leave for a long term since cryptocurrency is a long term investment
Puuuuuh 
that's far too big a risk. i would never do it. 30% of my money i would invest in crypto. the other 70% i would invest safely. and if you buy the wrong coins, your 30% will be gone faster than you think. 
that's far too big a risk. i would never do it. 30% of my money i would invest in crypto. the other 70% i would invest safely. and if you buy the wrong coins, your 30% will be gone faster than you think. 
It is never safe to invest all your savings on one place. And crypto market is more violent than the other options available. I would suggest to invest no more than 35% of your savings in crypto market and this money should be spread along couple of different coins.
You can get high returns when investing in cryptocurrency. But it is risky. The bank is still a safe place for your money
Investing in crypto is a good choice and can provide great benefits, but if you put all your savings in crypto it can be risky, and you better use half of your savings to invest in crypto.
I can't invest all I have, spare money should be used. It is very risky to invest all your savings in crypto. You can't really predict the outcome of your investment on a long term
For my side, it is not safe to put all your savings into investment. Just invest a desired amount not all so that when it comes to crisis you still have money to start another investment.
It's a nice idea to invest in crypto but very risky to invest all your savings in crypto. You can't really predict the outcome of your investment on a long term. I would advice you to just invest 15%-20% of your savings.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
investment in crypto currency is very good, thinking of making a profit when saving is normal, but for crypto currency cases we must really understand price movements over time, because price movements are so fast that the possibility of profit and loss depends on how we monitor prices and make decision to buy, because if we are not sensitive then losses can occur at any time,
i would never invest all my money in one thing, not in crypto either. when you risk your money, you have to be aware that you can lose all your money.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
never do it, don't spend your savings on cryptocurrency. Look at crypto at this time down, if you spend deposits in crypto, then you might lose everything. it's better to use some of your savings for investing in crypto and some of you keep it in the bank.
It is not generally safe to invest all your money in one business. Every business has a risk just like crypto has its own risk. So I will advise you spread your investments incase one fails you will have another to hold unto. Crypto market is highly volatile.
It is not advisable to put all investment in cryptocurrency at all. If cryptocurrency failed or anything happened in cryptocurrency that mean someone will loss totally
I will advise you diversify your investment because of the risk in cryptocurrency. My advise is that don't invest all your savings in crypto but you can invest some part of your savings on real estate or gold. By doing this, you will reduce the level of risk on your investment.
Do not invest all your saving especially in crypto because its very risky, you can loss your money when the market down. Just invest a few percent of your saving and learn how to get profit from your capital, buy high potential coins to minimize the risk.
I can suggest buying coins in cryptocurrency around 25% of your total savings.
When it rises 100% your money becomes 50% along with capital and 75% is still in the form of savings.
Remember !!!, don't be greedy in cryptocurrency before you will regret it later.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Bitcoin transactions are the safest and the most confidential one and thus is the most important reason that makes bitcoin so successful and so popular among all kind of investment but on the same hand we also know that bitcoin is decentralised crypto currency in many countries so I don’t think that it is right for now to invest all your savings into bitcoin, no doubt bitcoin is very potentiating crypto currency but till it not get centralised, it is not justified to invest the entire savings into crypto.
Do not invest all your saving especially in crypto because its very risky, you can loss your money when the market down. Just invest a few percent of your saving and learn how to get profit from your capital, buy high potential coins to minimize the risk.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Truly I can’t tell you whether it’s a wise choice or not. If you have knowledge about crypto, you may know that it’s notoriously volatile, thus you will never know whether you can get a significant benfit like the way you think. We can’t say for sure anything, you can get a large income but you also lose all. In addition, it mostly depends on your effort, if you have a good amount of experience and skills, you can put trust on it with a big capital. However, you should use half of your savings for crypto investment, and the other is bank. It would be much suitable. Jump to: