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Topic: Is it safe to invest all my savings in cryptocurrencies - page 8. (Read 4581 times)

copper member
Activity: 840
Merit: 114
you have to make sure about your choise, crypto investment are risk, but if you sure and do that , not posible you can make profit to the future. before that, look at crypto market first, analysis what you want to buy.
jr. member
Activity: 48
Merit: 1
The World’s First Blockchain Core
according   to  me  to  invest  all  of  your  savings  in  cryptocurrency  for  me  is silly  idea  because  it  is volatile  marekt  and you do not  know  what will happen i would  never  do such a thing.
full member
Activity: 560
Merit: 100
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.
member
Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
It is not safe to invest all your savings in cryptos, you don't put all your eggs in one basket (especially a shaking basket). The crypto market is very volatile in nature, so investing all your savings in it is suicidal.
full member
Activity: 560
Merit: 100
No,I wouldn't recommend you to do it,as for me it s too risky,it is not the proper moment nowdays,all crypto is still down,but maybe in a year or two such an action will make sense,so you would better wait and accomulate more money.
member
Activity: 560
Merit: 11
To invest all your savings in only one kind of assets is not sure it all! If something goes wrong, you will lose everything! But imagine you invest in 5 different assets like gold, cryptocurrencies,real estate, shares, fonds; so if by one of them something goes wrong, you still have 4/5 of your investment.
member
Activity: 742
Merit: 11
It is very unsafe, what if Crypto will experienced  the dotcom crash, can you handle it or fall in the cliff? Investm but don't invest it all so you won't lose your sleep at night.
copper member
Activity: 392
Merit: 3
It's unsafe. Imagine putting all your savings on the street in a drawer . Do you think they'd be there for a long time ?
hero member
Activity: 1834
Merit: 523
Investing money in cryptocurrency good way to earn money but it is also cause losing your money to because price is not stable mostly price decreasing and increasing and you didn't when the price increase or decrease better if you have money on bank and also to cryptocurrency in case whatever happened to crypto coin that you help you still have money in a bank that can help you to recover from losing money in crypto
member
Activity: 406
Merit: 10
Buy, sell and store real cryptocurrencies
If the money you invest is long enough to maintain the price of a cryptocurrency, then your investment can be safe, otherwise you may go bankrupt!
sr. member
Activity: 1862
Merit: 259
if you are ready to lose all your savings money there is no problem for your choice, but for me personally it is not very advisable to put all the savings into crypto.
newbie
Activity: 43
Merit: 0
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

i bet you have to analyze all the details before investing to something. Smiley make some research my friend.
member
Activity: 434
Merit: 18
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
I don't think so  Savings are used for emergencies and if you invested on crypto, you will be pressured to make decisions since you are using the money you need. Also if there is the time that you will be needing the money, you will be forced to sell even if the coin price is low. Marc Cuban  the billionaire says that the golden rule will always be "Don't invest the money you can afford to lose".
newbie
Activity: 2
Merit: 0
Never invest everything in to one basket, successful investing happens when you spread it out. Crypto, Gold, Real estate, Stocks Etc
copper member
Activity: 728
Merit: 250
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Do now not try this to endorse me. it's miles safe to preserve a few money inside the monetary group. perhaps crypto is in reality worthwhile however making an investment in cryptos is a first rate possibility to make investments inside the account. you can lose all your cash when the marketplace starts offevolved churning. So it's safer to hold a number of your cash in a bank or several finances. maybe wealth or some different aspect
sr. member
Activity: 518
Merit: 325
I think completely give 1 is very dangerous in any case. I would have agreed to it if I personally knew the CEO of this company and he was my brother.
member
Activity: 107
Merit: 10
Justice as a Service Infrastructure
Investments cannot be protected. Any investment can turn into 0 or into 1,000,000,000 dollars. So the economy of investments works.
legendary
Activity: 2002
Merit: 1015
All investment comes with risk even you invest into those leading coins. Risk is always there no matter what you do but you can lessen the risk by investing only to those leading coins. If you still have doubt, much better if you don't go all-in. You can still earn without doing that.
sr. member
Activity: 630
Merit: 253
Not even unsafe but also unreasonable.

You may choose to invest some of your funds in crypto. See what's going on, learn, read, research. If your investment are extremely profitable invest more.

Don't jump into the pool, go in slowly. That is the safe way. Crypto may seem easy, but it is very complex, trading is the best thing to earn here. Trading is always risky.

Anyway good luck
member
Activity: 252
Merit: 11
Of course not ... you can invest 50% of what you are willing to lose ... it’s too risky and I think you don’t want to jump from the bridge later)
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