Topic: Is it safe to invest all my savings in cryptocurrencies - page 31. (Read 4625 times)
My and your attitude and value can be different, you can either earn good profits or even eat less, the crypto market is very unstable. Before making an investment, check all aspects.
The crypto market always has the opportunity to invest, but the investment is risky. So, you want to invest and learn experience in this market can invest some of your savings, the money you can lose. Because of the volatility of this market, it is essential to cultivate knowledge. When you have good knowledge, you will make the right investment decision for yourself.
Yes investing in crypto generally and specifically in btc/eth is always a good idea especially now when the prices are low, however i will still suggest you to diversify your investment into crypto and a part into real world assets like real estate or book some cars with high premium on delivery.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Of course not, maybe invest half and keep the remaining money into the outside world. Maybe start a business, that way you can easily get the money whenever you needed it.
Crypto currency is a promising future. No one will predict how it will be. But why not try? We all want to make a profit in the future, because we risk 
All your savings of course can not, and generally need to be divided into parts of their invetitsii, and invest each part in different projects, and then you get a good profit, you need to invest as they say with your head,and in any case, leave some of the money for life, so you have something to live on, and not all the money in the crypt
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
It's a little crazy idea to invest all your money. It does not matter in the cryptocurrency or any other project. Smart books say that investing in one project can not be more than 30%.The choice is yours. But I think it's too risky.
If you were into cryptocurrency discussion for a while then you would know that it is the least thing one should do. Don't even think of investing "All you have got" into crypto as it might ruin your life. They say that invest only the amount you can afford to loose because investing in crypto is risky. You can't blame it on anybody if you invest and loose the amount. The chances of earning high profits is same as loosing it. So think thrice before whatever you do.
You must understand crypto investment is high risk. If you are willing to take the risk of losing all your savings, by all means. For me, I won’t be investing all my savings.
Another reverse question is , is it safe to ask strangers on the internet to take decisions about one's life savings on something dynamic like bitcoin.
Always DYOR.
Always DYOR.
nothing is safe when you decide to invest, cryptocurrency and other investments are not the right places for someone who wants to be safe because there are risks that you have to face in any investment and risk is something that must be avoided if you want to be safe
Yep there is so many risk . So plan very well because earning money is so hard.Try to learn trading strat or stick with stock exchange it is more legal than crypto. If you want to try a long term investment
Don’t invest all your savings. The thumb of rule is to invest what you can afford to lose.
I think that investing all your savings is reckless, but not even in crypto , and in any other activity no one invests everything that he has, allocate some percentage of your amount and invest.
I don't think that is a good idea. You shouldn't keep all your eggs in one basket. Imagine if you invest all your savings in cryptos and the market continues to fall, then you will go broke. Invest part of your money and leave the rest in the bank.
Hello! I think it is dangerous to keep all the savings in the cryptocurrency. In my opinion, the most appropriate solution is to split funds. Save some money savings. Part in the cryptocurrency, but only in bitcoin. And to store bitcoin only on a cold purse. 
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
I would never do that. You may need money for urgent cases, but in the bear market you can loose a lot of money. In the very long term, i belive cryptocurrencies will be very important, however i wouldn't invest all of my savings.
There is always a risk .But judging by the current price, it's a good idea,I think you'll be in profit.
Invest all your savings in cryptocurrencies now is like play casino - too high risks to loose, especially if you have small experience in crypto. Invest about 25-33% is more safely if crypto will dump more.
Most of the participants of this forum use cryptocurrency, but why then all of you now do not advise to make investments in cryptocurrencies?
There are a lot of cool projects and coins,which even in the downward market make a profit.
Of course, it is not safe investing all your savings even in fiat money and shares, but it is worth a little try and get your experience in this business.
There are a lot of cool projects and coins,which even in the downward market make a profit.
Of course, it is not safe investing all your savings even in fiat money and shares, but it is worth a little try and get your experience in this business.
Because we know that its not wise at all, I mean who would put all his/her savings in a very volatile asset. When he/she can earn those tokens through services in Bounty campaigns. Its not that we're against investing money here, but at least invest an amount you can afford to lose.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
I will suggest that it is better you keep some of the money and invest in crypto with your spare cash and not your whole savings because crypto is very unpredictable and volatile. If you put all your money in crypto, you do not know what will happen to the coin you invested in but if you invest with your spare cash, even if the price is fluctuating, you will still have something to fall back on. Jump to: