I think yes safe your all savings when you invest in the cryptocurrency becauae in the cryptocurrency we have legit investment and scam but be careful to scam and when you don't know about that ask your friends about that and check the background.
we know that the cryptocurrency is volatile so if you save your savings in this kind of thing, we don't know what might happen next.it would be happy if the cryptocurrency industry would rise up but it is too much hurt if the cryptocurrency will turn in to bloody color. it is up to you. it is only my opinion we are free to say our opinion in here right. 
Topic: Is it safe to invest all my savings in cryptocurrencies - page 29. (Read 4624 times)
I think yes safe your all savings when you invest in the cryptocurrency becauae in the cryptocurrency we have legit investment and scam but be careful to scam and when you don't know about that ask your friends about that and check the background.
Im my opinion, cryptocurrency is good choose for make more money but it's unsafe and Bank always good for saving money because it's safe. So both's option is good.
I would definitely invest half of that savings if your not utilizing that savings for the next 2-3 years.
It is not safe. Do not make adventurous steps in your life. Invest only the amount that you can lose without serious consequences for you.
It is not wise to invest all of your savings in crypto. It is best to diversify your assets. First you must build your emergency fund worth 6-12 months of basic needs, then after that you can proceed to building your fortune through investing in different types of assets. Invest in crypto an amount that you are willing to lose just in case.
Cryptocurrency is a high-risk investment and you need to invest as much as it is not a pity to lose! In the Bank, if you invest, your money will not decrease, but in the crypto currency can.
I think before you decide to invest in cryto you should have done the research and analysis of altcoins that are right for your investment, I think you also have to take into account the risks in investing in crypto, I suggest you can set the allocation of funds that you will invest, make investments this is smart and careful, patient and not greedy.
It is not safe at all. Cryptocurrencies investments is risky cause the market is not stable, the price is high fluctuations. You can lose up to 50% after a sleeping night, furthermore, you can lose all if you get hack.
It seems like it would be a big risk for you. If you are a beginner I suggest start with a small investment in advance, if you've started to understand the working of the system and understand the market you could add to your capital.
Cryptocurrency is a wise choice if you are prepared to take the risk. But it is not smart to invest all of your savings into crypto. Do not take too much chances coz you might end up with nothing. Play it smart and don't get too excited. Start off investing with what you can afford to lose. Don't gamble too much especially with your entire savings coz no one really wins in gambling.
But as per the rule of diversification, we should not go for with all our saving even what ever assurances these crypto currencies are giving to us. I mean we may go for investing up to 80% of our saving into crypto market and the rest should be kept as a liquid fiats so that we may make use of them at any emergency needs. When cryptos are coming up with its own risk levels, we should never go with all our saving then managing unexpected expenses may end in borrowing.I would not advise to go all in on any one asset class. Try precious metals, stocks and fiat along with crypto for a bullet proof way to not lose all your wealth if we hit a rough patch. As one of these goes down the others will go up.
Compared to your mentioned investments categories, only cryptos are good to produce more returns. To stick within diversification principles, we may go for investing with more portion into cryptos and smaller portions into others and we must keep some saving to lead a happier life even in urgent needs. Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
silly question, why do everyone gather in this forum? what are they doing here?I want to advise you not to always think about profits, but first understand the risks.
I would not advise to go all in on any one asset class. Try precious metals, stocks and fiat along with crypto for a bullet proof way to not lose all your wealth if we hit a rough patch. As one of these goes down the others will go up.
Its mad idea, i am sure yourself understand it because last year show us whats happen with investors who invest all in crypto
If for me of course don't get. because no matter how crypto is an investment that is uncertain. So it would be very risky If you put all your money on crypto. You better save some to other businesses that are more real. the new part to crypto.
actually, before investing in cryptocurrency we must really learn it well. we also have to know what the risks that will be obtained if we make a mistake. therefore we will be more careful in doing something so we don't get losses.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Cryptocurrency is a wise choice if you are prepared to take the risk. But it is not smart to invest all of your savings into crypto. Do not take too much chances coz you might end up with nothing. Play it smart and don't get too excited. Start off investing with what you can afford to lose. Don't gamble too much especially with your entire savings coz no one really wins in gambling.
Everyone decides for himself how much money to invest in a crypto currency. I would advise you to invest, only the money that will not greatly affect your life if you lose them.
Oh my goodness please never do it. Because first you need to comprehend that this is an investment in which you are going to put your all the wealth in to a volatile market. So we can never ever predict thedirectio of the market. It is therefore not stable. But your savings are stable asa long as those money are in the bank. And always, no matter how much you earn from crypto, keep the crypto as an extra income source.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
totally not a safe thing to do. If your concern is securing that your wealth won't decrease, putting it in cryptos won't be a good idea. Cryptocurrencies are naturally volatile and especially at this moment, the market is on continuous downfall which makes it more risky to do so. Cryptos are indeed profitable but this is not the right time. Jump to: