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Topic: Is it safe to invest all my savings in cryptocurrencies - page 24. (Read 4624 times)

newbie
Activity: 142
Merit: 0
I think it is a good decision to invest 50%, but 100% can be very risky and dangerous. Crypto is very unpredictable.
full member
Activity: 475
Merit: 100
I would never invest everything I have spared in just one place, I mean, I could diversify as much as I want in cryptocurrencies but it will still be riskiers than investing in stocks for example, so try to find another markets to invest in along crypto.
newbie
Activity: 107
Merit: 0
From my own point of view I think it is safe to invest most (not all) of your savings in crypto currency, it won't be in form of savings it would rather look like investing, because if you save your money in the bank, you don't have much interest in it, but in crypto currency it is just like investing your money in a project where you will see lots of profit within short period of time.
copper member
Activity: 392
Merit: 3
If you all saved up a month-it is. You do not lose anything. Dig a month. But if it's savings for your entire life, then it's not the best idea.
member
Activity: 350
Merit: 12
Investing everything in one direction is always very dangerous; let alone in the crypto market, where everything is resoundingly unstable and the whole market can get completely to zero.
Therefore, absolutely inadvisable.
newbie
Activity: 26
Merit: 0
Depending on yourself you want to invest in the right coin or not. Besides you pay attention to which coins are good and potential. You are also advised to look at the state of the Crypto market at the time, if the crypto market situation is low or even down, that's when the best opportunity to invest at low prices.
member
Activity: 158
Merit: 10
ONe Social Network
I think that cryptography is a good choice for such a price because the bank is so scant percentage that it is not profitable!
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
it depends on you, for me, its wise, but it will take you a lot of time waiting for your own profit, if you will be in need of cash, you wont be able to get anytime you want. but it would be better since you will be able to earn profit instead of storing it in a certain bank which will only give a small interest.
I'm telling you not to do that because there's a lot of things that you can spend your money with. Actually crypto currency is indeed good and a proven system but we must all remember that it is still developing. It hasn't reached its potential yet so it would be better for you to invest all of your money in it once it's already set its place to the market.
newbie
Activity: 291
Merit: 0
I don't think so, because investing in crypto has a huge risk, even if you are lucky you will get a big profit too.
newbie
Activity: 188
Merit: 0
For todays seasons cryptos are not safe for investing,im not saying that all of the ico's are not safe but there are some of it,so we have to set aside our investments in some ways and in half way is to put some on investing at crypto,so the best thing to do is to choose the best/right one for our good profit.,and to become a successful investor like others do.
ukw
sr. member
Activity: 616
Merit: 250
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

In my opinion, investing instead of making a bank deposit is a very good choice. But if I have to be honest, there is no secure investment anywhere. Before investing, you must be very sure why you chose this particular coin (or whatever it is). Just think about things in advance.
full member
Activity: 560
Merit: 100
Do not even think about it, because all such soaps very soon will lead you to a big failure of your deposit, because this is a clear situation when emotions will prevail over a person. You definitely need to work with your thoughts.
member
Activity: 266
Merit: 10
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

Now there is nothing safe. You see the situation on the market today. I would wait for improvement and then I invented
full member
Activity: 372
Merit: 100
Sugars.zone | DatingFi - Earn for Posting
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
yes, crypto is the best choice for you, instead of storing it into some bank which only give you a small interest per annum, while in crypto, you might be able to earn a profit coming from your own investment.
newbie
Activity: 82
Merit: 0
Electronic money is a promising future. No one expected it to be. But why not try? We all want to make a profit in the future, because we risk losing.
newbie
Activity: 84
Merit: 0
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

Don't do it, stop it. don't expect much on cryptocurrency, moreover the situation is bad like this. never spend money on investment in crypto, or you will cry afterwards.
full member
Activity: 686
Merit: 100
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

This is very wrong , invest what you can only afford to lose thats the most common thing everyone should remember in this market. We dont have the control on what will happen the next day and you might end up being broke and homeless from investing everything, you can invest like 20% but never go all in. Just invest what you can afford to lose.
sr. member
Activity: 427
Merit: 250
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

I think that crypto currencies are a good choice. But whether you will make a wise choice from the many options that crypto market offers is another question. I advise you to be very cautious and invest wisely. Do not be rushed on or believe big promises. Good luck.
member
Activity: 364
Merit: 10
as i think it is not safe. i only invest money that im willing to lose.alos do not forget do your due diligence and that's the most important thing.
newbie
Activity: 93
Merit: 0
Why not if your smart you can do that in a good way but you must need to make sure that everything you put in cryptocurrencies will be take a good profit when you sell it . Investing into cryptocurrencies right now is so hard cos a lot of coins are red right now you must take a risk before you do this
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