Topic: Is it safe to invest all my savings in cryptocurrencies - page 4. (Read 4624 times)
It is not safe to invest all of your savings. Try to diversify your funds into 20 small parts and invest each one in different sector. Thats would help to reduce the chances of getting scammed and you will save a great sum of money.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
I think it's absolutely not wise choice to invest ALL savings in cryptocurrencies...It's a very risky investment...
So invest only amount of money you not afraid to lose...
No, cryptocurrency is a high-risk investment. There are very big risks. But you can also earn a lot. You can not invest all your money in cryptocurrency. In general, always invest as much as you are willing to lose.
I suggest, do not invest all your savings here in cryptocurrency, due to its volatility, it is very risky to invest all your saving here. As the favorite saying in this forum, "Invest only the money you can afford to lose", this is very true because if you are not lucky enough, you might go bankrupt and the future of your love ones may be jeopardize in the process. Why not play safe, one half of your savings, invest it here in cryptocurrency and one half invest it in a tangible asset like real estate or put up a business, like store, that way you do have to worry about your future and the future of your love ones.
No, I think you should share the portion of your investment. You can choose 50 percent to invest in crypto and the rest you can invest in the real world. I think it will be much safer because basically we don't know what will happen next. Conditions can change rapidly and we must be able to avoid any bad risks that might occur.
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
If you think it is what you think you can afford to lose and I am guessing this is not the case since we understand in crypto we are always advised not to invest what you cannot afford to lose. So that said, I would advise that crypto is a good thing to invest in anytime however I think you should think of what percentage of your savings that is and really check which project is worth investigating in. So I would say again it is not wise to invest all your savings in crypto. 
Definitely no. Its not advisable to put all your savings in cryptocurrency because the nature of crypto is very unpredictable. It changes everytime and you might lose everything if the market goes down. You should just put some a portion of your savings in crypto. Put only an amount that you're willing to lose.
keep investing but also in your calculations. because right now the risk of investing in cyptocurrency is very large and the risk of losing money is quite high and you have to be careful
- The current situation is probably a bell that makes those dreamers wake up, they will understand that the risks from investing in crypto has become too large, it is no longer a quiet place and they can easily make money, it has become the cemetery where buried all those who have blind faith and lack of knowledge in investment. The wisest and most sincere advice right now is that we should only invest a very small amount in crypto then develop gradually over time, put all your savings into crypto has no longer a reasonable option
I am thinking about selling my property to invest in crypto portfolio.
I bet crypto can grow like 10-20 x time within 10 years and I will become millionaire.
I bet crypto can grow like 10-20 x time within 10 years and I will become millionaire.
Investing in crypto ... everyone decides for himself, just like everything about personal choice. As for banks, you can invest money in a bank, and you can invest in a crypto)
keep investing but also in your calculations. because right now the risk of investing in cyptocurrency is very large and the risk of losing money is quite high and you have to be careful
- The current situation is probably a bell that makes those dreamers wake up, they will understand that the risks from investing in crypto has become too large, it is no longer a quiet place and they can easily make money, it has become the cemetery where buried all those who have blind faith and lack of knowledge in investment. The wisest and most sincere advice right now is that we should only invest a very small amount in crypto then develop gradually over time, put all your savings into crypto has no longer a reasonable option
I think yes. Despite the situation on the market, I still consider cryptocurrency a suitable investment, only I don’t need to invest in just that one!
I don't think we should invest everything in crypto we need it for our daily needs,
half of us invest in crypto and half in the bank. this is my opinion.
half of us invest in crypto and half in the bank. this is my opinion.
Definitely not, but you can try this and become lucky or not.
just try it and make your own conclusions afterwards.
Why not?
just try it and make your own conclusions afterwards.
Why not?
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
I think that would be a bad idea, especially with the current market situation. The market right now is so unpredictable that it's hard to do trading and even investing. If you really want to trade or invest in crypto, maybe you should do so partially until you are sure that you will get a good return from it.
I always thought that it is better to invest only the amount of money you can afford to loose. I believe in crypto but you have to be wise. Invest just a part of your savings, not the entire amount.
keep investing but also in your calculations. because right now the risk of investing in cyptocurrency is very large and the risk of losing money is quite high and you have to be careful
it's not safe if you invest all your savings on cryptocurrency if you don't really understand crypto, because cryptocurrency is hard to prediction. can be dangerous can also be profitable. if you want investment, investment little by little, if you have profit from the first investment, investment again and give more capital, so until you understand and can profit a lot. Good luck.
Investing all saving in crypto is never a good idea.Even anywhere,it is not advisable to invest all your saving in anything.Crypto is unpredictable due to its nature.
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