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Topic: Is it safe to invest all my savings in cryptocurrencies - page 7. (Read 4662 times)

member
Activity: 392
Merit: 27
In the long list of things, that you can use for investment, crypto is the most perspective in the long term, so you can do it i think.
jr. member
Activity: 41
Merit: 1
It is never wise to go "all in" on anything unless you are absolutely certain of the outcome, even then - you have to question how certain you are.

Cryptocurrency is much to volatile at the moment to invest all of your investments in, however - I do encourage a proportionate investment in crypto. How much is down to you.
full member
Activity: 490
Merit: 100
Cryptocurrency is definitely a good option when it comes to holding your value in a safe and decentralized asset! Bitcoin is by far the most decentralied currency and asset in the world! Be sure thst you know how to keep , retrieve and spend your bitcoin before you start saving in bitcoin!
hero member
Activity: 2268
Merit: 588
You own the pen
I don't think  so, It's not a good idea if you think to invest all of your savings into Crypto Currencies. However if you meant some of your savings, then I tell you its not a bad thing to do rather you are playing safe but be careful what you wish for instead of jumping onto any conclusion it is better to study first what you are about to do. Because men I tell losing money is a heck of a disaster if its happen to you. Just play safe okay?
full member
Activity: 966
Merit: 102
it depends on your altcoin choice if you choose a good and potentially altcoin, maybe this can be used as a safe deposit. but for you to save in altcoin in just a few percent so that defeat if it happens to you is only a little nominal.
legendary
Activity: 1456
Merit: 1022
You sound like a gambler, who has lost everything just yesterday and want to bring everything back, making the all in bet. Be carefull and invest wisely
member
Activity: 364
Merit: 37
PRIVACY WITHOUT COMPROMISE
Nothing is safe in our world, however, you can invest unneeded money in crypto, so it doesnt change your lifestyle. Maybe, you`ll be rich in the future
jr. member
Activity: 81
Merit: 6
don't be stupid!
never invest everything
sr. member
Activity: 703
Merit: 250
It is never safe to invest all your savings anywhere. The first rule of an investor is to diversify your funds. Put for example 40 percent of your savings in crypto and wait for a year. If you would be happy with the results, you can invest more.
member
Activity: 434
Merit: 10
This is dangerous, but if you are an adventurer you can do it. You can exchange money for stable currency. But you can't leave it alone. You must always pay attention to the direction of the market. You must know that the cryptocurrency market has changed a lot, and many scammers are defrauding.
copper member
Activity: 1386
Merit: 1000
It is not a wise decision to invest all your saving into cryptocurrency. Crypto market is very risky and I suggest you invest some part of your savings into crypto. Invest in different coins because it will give you a chance to earn some profit and reduce the risk.
full member
Activity: 350
Merit: 100
Don't invest all your savings in crypto. This is a really bad idea because it's not safe and you can lose all your money. Especially if you have no experience in crypto.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
You have to find out what you intend, if you just want to save it, then you better invest your money in gold because the price tends to be stable, but if you want to save and make a profit then you can invest your money in crypto and I recommend you invest in the top 10 coins on the market because in my opinion the coins are quite safe and can be very profitable
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
I would not recommend investing all your savings, cryptocurrency unstable sphere of activity and you can lose everything sometimes the risk can not only bring profit.
sr. member
Activity: 588
Merit: 250
https://www.projecton.pro/
All your money isn't safe or shouldn't invest in Crypto. You should invest which is you can afford or hold for long time. In Crypto you could benefit if you're a long term investor
Investing all of our money in crypto is not really safe we have to be careful in investing all our savings. Let us be wise enough not to invest all although in crypto a huge chance to earn and grow our money. Invest on what you can afford to lose.
especially since it is very easy to lose on crypto-exchanges, accounts on crypto-exchanges do not have insurance and the loss of the account Deposit for various circumstances beyond the control of the account owner can occur at any time without compensation for losses.
jr. member
Activity: 462
Merit: 1
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

I think yes. The fact is that cryptocurrency has the ability to grow. And you can work well. Of course, people who know where to invest will be able to earn even more.
sr. member
Activity: 798
Merit: 250
CurioInvest [IEO Live]
It has no difference than gambling all your savings in crypto currency, if you are a risk taker maybe you can do it. but i don't recommend doing such a thing with all your savings, too slippery place crypto world.
member
Activity: 286
Merit: 10
All your money isn't safe or shouldn't invest in Crypto. You should invest which is you can afford or hold for long time. In Crypto you could benefit if you're a long term investor
You should not invest all of your money because the prices of the coins are not predictable enough to make a guaranteed amount on.
member
Activity: 224
Merit: 10
Why all beginners forget about diversification. Now in every subject it is mentioned, but the feeling that people don't want to see and understand.
member
Activity: 206
Merit: 11
It's really a bad idea to put all your savings into crypto currency, though cryptos is a good thing but there are many risk associated with it, even if you want to make long term investment, it's risky, any thing could happen, It's better you invest only what you can afford to lose.
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