Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Never invest more than you can afford to lose. I have already learned that here. Just for that reason i would never invest all my money in crypto. I wouldnt trust crypto that much. 
Topic: Is it safe to invest all my savings in cryptocurrencies - page 27. (Read 4624 times)
It is very unsafe to go that route of putting all your eggs in one basket. Even the billionaires with billinof dollars in cryptocurrencies have a lot more in other off chain assets so be wise.
It depends if you have idea and enough knowledge about cryptocurrency. If you know what you are doing and you know how cryptocurrency works and run then I am sure you know how much risk it will be if you would do that. Investing all your money to cryptocurrency is not an ideal action but if you have enough knowledge and experience with cryptocurrency then go ahead.
I don't think so if we save our money in crypto. It is too risky man. In my opinion, diversifying our money is the most appropriate and smart ways. We must diversify how much for crypto investment, trading, and also how much money for saving in bank or making business. Here, we must make smart decision and second strategy if one of our efforts are collapsing.
keeping your savings in cryptocurrency is not a reasonable solution.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
I don't think it will be safe for you to keep all of your savings in the cryptocurrency , but still here I would like to suggest you that you can put a fraction of money into bitcoin and etherium because in present time value price of bitcoin as well as of the etherium is very low .I means to say that take that amount of the risk , which is not an important for you , I mean that doesn't give impact to your daily life with that loss .
We can see in the past where many people sold Thier house and invested in cryptocurrency , but after the sudden drop in the price from 23k to 12k , he get into big tension because he was fully dependent over the earnings of the cryptocurrency , but in actual he lost his money much and he got a very poor life .
So take perfect descion to make investment a, perfect timing and perfc stretagy , otherwise you will not be able to make earnings , only you will face mostly loss .
So take descion yourself that what you want in future with the cryptocurrency investment , whether you want to grow stepwise or you will try to make blind investment with hope that one day you will be millionaire .
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
This is the worst decision, that ever can be. Main principal in investments is always to diversify investments. It is better to invest proportionally in stock, real estate and of course hold some fiat.To me, it depends on the level of investment, he can invest all his idle money into cryptocurrency, but should not invest in just one coin. Should invest in many different currencies, and should not rush to invest, should invest according to his own understanding
As logical and wise to do this is, it's not hundred percentage safe and wise also to do. Perhaps of what good will it do one if all that is gotten is put into investments.
You can not give advice without knowing the extent of the investment and - above all - if you have enough loss coverage assets.
With the crypts, the possibility of losing everything is absolutely concrete, and before investing ALL, I would think about it a lot.
With the crypts, the possibility of losing everything is absolutely concrete, and before investing ALL, I would think about it a lot.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Finally an institutional investor.You yourself understand that this is a bad idea. Especially now.
I would at the moment very carefully approach any investment in the crypto currency.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
No man. Cryptocurrency investment is really a great idea but do not invest all your money into trading. Because we cannot predict market price, some time your might need money when market price low. Better invest partical amount in cryptocurrency.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
This is the worst decision, that ever can be. Main principal in investments is always to diversify investments. It is better to invest proportionally in stock, real estate and of course hold some fiat.
You can try to put the savings in cryptocurrency. But if it is only not the last savings. If available funds, then analyze the market and invest.
Maybe a funny question 
. The principle of investment is never all-in. You need to think about how to preserve your capital. If you run out of capital, there is no more invest..
. The principle of investment is never all-in. You need to think about how to preserve your capital. If you run out of capital, there is no more invest.. 
If you have been in a cryptocurrency discussion for a while then you will know that it is the least necessary thing to do. Don't even think about investing everything you have in Crypto because it can damage your life. They say that only invest the amount you can pay to invest in risky crypto. You can't blame anyone if you invest and lose the amount.
I dont think so... this is very risk to lose your money. Have lot of way to get money online and you will forget to make this kind of investment
it will be very risky if you invest all your savings in crypto, because of the many scams here. You must be wise when deciding to invest, if you choose the wrong project then you will lose all your savings.
No, this time it's better to understand the market because this time market is very volatile and if you invest your savings then you have to be very careful and remember always research before investing in any crypotcurrnecy.
I fully agree with the previous statements on reasonable investment! Tell me, would you place all your savings in a casino? I think not, unless you are certainly not a complete idiot. The first and most important law of a crypto currency investor is: do not invest in the crypto industry those finances that you are not afraid to lose forever. And if you have already done this, I congratulate you - you are lame duck!
Doing that is not best option for you and it's not advisable to do that why because doing investment in cryptocurrency need to give a lot of time before you will gain bonus on your money.
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