Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
don't be stupid because you are tempted by the benefits you can get in the crypto world. luck is not always with you, don't be too careless to invest all the capital you have in crypto currencies. it's very risky 
Topic: Is it safe to invest all my savings in cryptocurrencies - page 28. (Read 4652 times)
About 98%. Crypto was my first investment, and has done amazingly. I believe I have come to the end of my buy-in period, and now will simply hold.
Next I plan to save a decent fiat buffer. When I hit my target for that, I'll start aggressively paying down some loans. And then look at my options for Gold. Stocks are out of the question until the S&P takes a 30% haircut or more.
Next I plan to save a decent fiat buffer. When I hit my target for that, I'll start aggressively paying down some loans. And then look at my options for Gold. Stocks are out of the question until the S&P takes a 30% haircut or more.
investing all the savings you have is very risky, you should start by looking for investments without spending savings, namely joining several bounties, because if we lose the money we will not regret it because everything is free and our money in the bank will remain there is
No, it's not safe. Investing in cryptocurrency is always risky. and who wants to risk all his money? you should make your own research or study more about Cryptocurrency before investing. you can start investing with an amount that you're ready to lose. don't put it all in one investment only.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
I believe in a bright future. It will be in a month or several years, it does not matter. If you want to invest for several years, then certainly this is the best solution than putting this money in the bank. But you should always understand that big profits carry great risks, so do not invest the money that you will need.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Big no from me, invest in cryptocurrency only use money that you afford to lose. If pick both bank or crypto i will put 85% on bank, 15% on crypto. If you really believe cryptocurrency can give you big profit, a little of capital might already enough for investedCrypto is unstable and we can't relly on it to cover our needs. Putting all of our money is a bad idea and it can give us a bad experience if the price move down and keep in the bottom for a long time.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Big no from me, invest in cryptocurrency only use money that you afford to lose. If pick both bank or crypto i will put 85% on bank, 15% on crypto. If you really believe cryptocurrency can give you big profit, a little of capital might already enough for invested
It is no where safe to invest all your savings into cryptocurrency. Its not good as this space is volatile and you can lose all your money on the instant which is not advisable. You can only invest a fraction of your savings so that you won't feel much pressure if things go wrong
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
I do not think investing anywhere in your money is a smart decision. So, some of the money you can invest in crypto currency. Purchase some promising coins or invest in progressive ICOs. Then you can get a good profit and not spend all the money. Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Well no, the market price is so volatile so if you invest all your savings will be a huge mistake. It can go down at any moment and you will lose all of your investment, but also it can go high too if you're that lucky. But the best thing to do is just to invest all that you can afford to lose.
I always recommend not investing all of your money in the crypto currency. This is a very dangerous and risky way of investing. Starting from the possibility of simply losing all of their investments from the drop in the price of the coin, ending with the possibility of getting caught in the tricks of scammers.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Investment and saving are different things, you cannot compare them. if you want to make a lot of money choose investment, but it has a risk. if you want your money to be safe then saving is the best choice. if you want to choose they invest half of it so that your money is not lost entirely when your investment fails.
It is a wise choice to invest money in cryptocurrencies, but not to bring all the money in. I deem that is necessary to leave some emergency money in the bank. As the proverb goes, in nature there are unexpected stroms and in life unpredictable vicissitudes.
Of course it is at least unsafe and stupid. Even if you invest part of your assets in cryptocurrency, you must diversify the risks. Cryptocurrency can well complement your investment portfolio.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
This is certainly not a wise choice. If you put all your assets into the cryptocurrency, then you are likely to go bankrupt. You only need to take some of the savings to invest in crypto.In this way, if your investment fails, it will not affect your life.
Before you join Crypto, there are things you must know. If you are ready to win, you must also be ready to lose here. This means that there is a high risk when you join Crypto. But there are advantages to joining this crypto, because your money will grow faster. This is very different when you save your money in a bank, money will grow but not much. But saving in a bank is safer than the risk of failure.
Yes it is safe to invest in crypto currencies if you know what you are going to invest and you know how will your investment work because if you do not know what will happen next that will be bad for you and your investment as well
Investing all savings in crypto is the worst thing which you can do, because crypto is very unstabe and you can not be sure about profit. If you really want invest do it but only with safe amount which you can lost 
Yes it is safe to invest in crypto currencies if you know what you are going to invest and you know how will your investment work because if you do not know what will happen next that will be bad for you and your investment as well
hi. it is not the best idea to invest your all savings in cryptocurrency for it is not consistent of its value and you will never know if the project you join is successful. For a beginner without knowledge about cryptocurrency is not good idea to invest for it is prone to scammers. If you insist to invest, better be a bounty hunter and the amount you receive is the one you will use for investment and not your savings. I think this way, you can learn at the same time you invest.
That's a bad idea you got there. Crypto can make you rich but are you willing to risk it all? You have to know on where you're gonna invest your hard earned money and crypto is a good choice but don't invest on it all in, just invest the amount you can afford to lose.
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