Bitcoin Forum

I am thinking in investing my savings into Bitcoin and try to get some profit when the price of BTC goes up, but is it actually profitable?

Yes, its definitely profitable. Bitcoin price has once again started to raise and it is soon expected to cross $700. Investing in Bitcoin is secure as it works in block chain system.Its much profitable when compared to investment in gold

It is profitable in the long term in my opinion but i wouldn't recommend to convert all your saving to bitcoin at once.
better to split it and convert a part then increase the amount respectively with the earning that you will make ;)

It depends how many you have saving. If you have big amount of money, it would be better to invest only part of money into BTC. If you have not very big money, you can invest all. Bitcoin price now is rising and increased ~$90 in last month. I think bitcoin price have potential to rise

Yes you should. But you should also don't touch it for a few years to see the real profit, so don't use your core money.

Having savings in Bitcoins could be very profitable in long term period. So you buy Bitcoins and forget about them. But since it's not good to put all your eggs into one basket I would also suggest not to transfer all your fiat savings to Bitcoin. Leave something just in case. And for those you don't transfer to Bitcoin investment in sharers could be asholution.

If you not believe enough and ready to take all of risk, better you don't do it yet. Because if you new in bitcoin and still not knowing about bitcoin yet you potentially lose out your money.
But if you ask it is profitable or not, obviously investing your savings into bitcoin is very profitable when you have done correct way. Many peoples was proof it and they get a profit from fluctuations of bitcoin.

this is a very stupid place to ask this question. you're not exactly gonna get a subjective answer.

how much do you know about bitcoin itself? do you know the potential risks? would you be prepared to sit at a loss for years on end or have it all turn to dust if something breaks?

how do you plan to secure your coins? are you gonna buy it from legit sources? do you know what a legit source is?

These types of questions always tend to make me think the person is farming a account or really in need of a way to rely more on their own brain.
Asking strangers is a good way to get the hook in the mouth and bled out for all you are worth by a snake oil salesman.

So do ones own due diligence and come back to the table with what you know and see if it stands up under cross examination.
No one holds any ones hand for free! There will always be a cost for what you perceive to be free knowledge.

Besides lumping all ones eggs in one basket is a good way to be looking for the tallest building in the neighborhood to jump out of.

If you ask me about this, I will do it like this - I would use about 50% of my savings to buy Bitcoins. After that, if I would be interested to speculate to get profit/loss, I would use about 10% of my Bitcoins into altcoin market.

Rule of Thumb: Do NOT invest more than you can afford to lose.

 ;D ;D

http://imagizer.imageshack.us/a/img923/3087/cqVIsb.jpg http://imagizer.imageshack.us/a/img903/5932/Suzhvq.jpg



http://imagizer.imageshack.us/a/img922/9956/NjGvdv.png

No, you're thinking the inverse from reality. Why? Because if you buy bitcoin now when price is high. There is high risk of loosing money since is price may or may not continually go up and soon it will dump. So, if you are planning to invest your savings, make sure to buy when the price of bitcoin is low so that, when it pumps. You can earn money from it. Plus, just invest what you can afford to loose. Investing involves risk of loosing money so before you invest your hard earned savings. Make sure to have a research first to minimize this risk.

Yeah, investing in bitcoin now and expecting for $700 in this year or in 2017 probably right.
Recently day bitcoin price around 680-685 and if you planned to convert your savings and then it will worth about $15 each if it reach $700, not bad at all.

Yes, if you are wanna for being patiently for that because you will not be able for reaching the profit at the time are referring at you're investing all of your savings in btc bu totally i can say if that is really promising for us for keep our savings in btc bu I'm not naive just suggesting you for reading about the disadvantages for using btc.

i have 0,8% ... in FIAT money.

http://imagizer.imageshack.us/a/img910/973/UreFaS.gif

300 USD for Gold in 2000,
1400 USD for Gold in 2016,

and ... i can not buy thing with this "relic" on Amazon.



and now, we have Bitcoin (it's a network).





a real network ... http://imagizer.imageshack.us/a/img923/9918/L6LLq0.gif

people should learn more about how to taking a risk before make any investment
they only lured on profit profit and profit never thinking about the worst scenario
in the end they will regret everything yeah
you should have a plan B to cover up your loss in case this worst scenario did happened.

Profit is the main factor why people invest at the first place, It is usual for people to just aim on profit on investing, Being optimistic is good key to become successful on investing.
But the worst case scenario is always have a possible to occur, Just be ready and backup with some funds to cover loses. The golden rule on investing is don't all in. :D

Two be fair to a lot of investors, they want to make money but there are also a lot of people who just want to keep their value of their work and invest to combat inflation and the devaluation from their work. Not everyone is interested in making money, and more are invested in mitigating losses.

Do what you must and what you think suits your risk appetite. Diversification is key when it comes to investments. We should not put all our eggs in one basket. Savings is good and serves its own purpose. If you are to convert your savings into bitcoin, make sure that it is only a portion which you could afford to lose. We all know that bitcoin is still a speculative investment and unexpected things might happen every now and then.

so, for you, the Gold can crash below 200 USD ... http://imagizer.imageshack.us/a/img631/4035/xPdQcG.gif

Gold is a speculative asset to regard of ETF emission ...

If you have a constant income, just do an automatic purchase of BTC from coinbase on a weekly or bi-weekly basis. Set it, forget it, and live. I believe you should always have enough cash to live on for 6 months with no income. So if you're feeling froggy, figure out what that cash amount is, put the rest in BTC and do the auto-payments.

I do not think so, an automatic purchase of bitcoin from coin base on a weekly will make the owner loose control of saving their money or bitcoin. I think it will wise if we put a good portion in fiat and a good portion too in bitcoin. In this case bitcoin such as investment so it is not realy secure to save big amount of bitcoin in one wallet. Also it still hard to use bitcoin in regular basis.

Invest as much as you are willing to lose, then watch and read and learn about bitcoin until you are able to make the decision on your own.

Maybe you can convert some of the amount in your savings to bitcoin. It would be very beneficial because if we convert to bitcoin is the same as investing. Because bitcoin prices are always fluctuating and if prices go up you will benefit greatly.

The question shouldnot be like that, The questions you need to be asking yourself is when and how much? Of course it is easy for us to devide when to invest our savings but in order to maximize profit we need to buy something cheaper so that when it goes up we can sell it with an extra gain. So my advise for you is to but Bitcoin at a low price before considering buying it.

yes. it's going to the end of the year. my friend said that the price will go up by the end of the year (december), so it's good timing to invest to bitcoin.

I just want to suggest you not to invest all of your savings. save some of them to fulfill your daily life.

i will suggest you to convert your saving into half of it into bitcoin because in bitcoin always profit is not sure so you need to work with Bitcoin through mind and use your mone in legit way to get profit .
i mean you are going to change fiat into btc and then want to invest then invest it in the trusted casino sites .

This is your choice and no one can control you from that.
But I suggest you just leave a little in bitcoin and just try it out for some time. If you are looking at bitcoin statistics it is already growing in price for some days. If you are monitoring bitcoin movement then you should have seen that and think it is a good idea to invest in it.

it depends on what you mean by my savings!
if your savings is all the money you have then i wouldn't suggest investing "all" of it in anything. it is very important that you always invest what you an afford to lose no matter what you are investing in.
instead invest a part of it and keep an emergency funds.

Thats the good idea mate convert only the 50% so whatever happen you still have the other half and beside just if worst things happen you can still use your btc to trading lending or even casino investment for you to able to grow your btc inveatment.

Yes it really profitable to invest in bitcoin, if you search the price from 2015 you can see the significant rising up until now, however i am not suggesting you to convert all of your saving into bitcoin, you need to spare some in case bitcoin gone bad

It's a bit risky if you are going to invest all of your savings and convert it to bitcoins, maybe just some portion of it.

Even though the price of bitcoin now is getting higher and higher still don't remove the possibility that it can get wrong.

Just convert what you think you can afford with bitcoin, but I would say not all.

No, you don't need to do that. Keep your money safe, depending from your savings and your monthly income you should convert just one small part of that savings into bitcoins, or to leave savings and to invest from your monthly income.
It's better when you have money on more then one place. It's safer like that, and more secure if something bad happen.
Fiat is not safe anymore, economy crisis can happen in any moment and fiat we have can become worthless, inflation. Maybe is better to save in gold, or some other metal.

Exactly. I think you should use same rules like in gambling. Don't use money you can't afford to lose. So, if you really can afford to lose ALL your savings(which I doubt), thrn go ahead and invest all! Because there's no such thing as a "surething".

What I would do is buy low(relatively lower than now), at about 25 - 50% of my savings then let it sit. When price finally peaks(who knows how long), then I'd convert to fiat my initial capital and hold the remaining(profit) in btc.

Why not? It can be really profitable rather than storing them in your local banks but you have to keep a constant eye on the how bitcoin market is going and be updated with the latest news regarding bitcoin and its price.

In occasion like bitfinex hack, you have to act fast if that type of event cause panic to traders and market get dumped. Sell when market is having heavy selling pressure and quickly buy back when price stabilizes.

It would  be really profitable   if  bitcoins  price would rose  up   higher   than to your  buying price and  you could   surely  gain  profit with that.  You could actually   put    your savings  into bitcoin  hence this  is somewhat  already  an  investment for  long term  or even short term  but  i would   recommend  that  put  only  on the  amount that  you could afford  to lose or lessen  on  upcoming   years  because we cant be sure already  on the   price  of bitcoin  on  near future  because  of  its  volatility and  we muts   really aware on that  when  we  intend to   put  money  into bitcoin.

We  really could   convert  or  put  up  money   into  bitcoin anytime  . As you mentioned  we should  be aware always  regarding  on  its  movement   so that we  could able to avoid  so much loss when there are   unpleasant circumstances  that  might  possible  happen  on  bitcoins price that would cause  to dump. If you saw that  there are panic selling  it   would be really depend   on you  if   you decide  to sell off  too or decide to  hold and wait for the bitcoins price to  rise   up again. Any investment  do have risk.

If it's me, I'm not investing all my savings into bitcoin, it's too risky considering the volatile which sometimes it will down to low maybe the factor is whale/someone who makes big wall sell. We don't know.

Maybe half of savings is worth to convert into bitcoin, storing them into cold wallet or more secure wallet for a long term.

it is clearly advantageous for the long term, but sometimes in the short term also can be profitable because bitcoin prices fluctuating, sometimes rise very quickly in a short time. but my advice if you want to savings into bitcoin, better wait for the price to fall and not for the moment because it has been increased.

Would you take financial advice from someone with limited or no financial education or experience? Would you take financial advice from someone you have never met? Well, this is what you are going to do, when you ask for financial advice from people on this forum.

I would not risk my savings on advice being given to me from some unknown person without any liability for what they are saying. We are here to talk about Bitcoin, not to give biased financial advice to people, who might end up losing their life savings, based on the things that was said in a anonymous forum.

If you want to risk some investment into Bitcoin, then you should never go all in. Decide how much of your savings you would be comfortable to gamble on a high risk investment and then give it a try, but never more than what you can afford to lose. ^smile^

It can be profitable but you must be able to have a certain amount on how much you are going to convert with bitcoins.

This is a good idea and chance of getting profit as you don't have to work just to get bitcoins, you can just simply convert your fiat into bitcoins.

And wait again for the price increase of bitcoin, just to get profit.

I am also converting my savings into bitcoin from few months ago and in profit right now which is good than i have thought due to recent big price pumps. But i will sell some if price get corrected a little bit or if market seems to get dumped heavily.

bitcoin is a very good investment because it is not yet at its peak price but it is getting there and it takes time. that is why i always say bitcoin investment should be considered a long term investment (unless you want to become a day-traders and use the daily fluctuations to make profit but that requires lots of time and skills).

Diversity is king in these cases. Never put all your eggs in one basket or risk losing it all.

I would spread those savings around different types of investments:

• Keep a part in your savings account
• Invest in some stocks/ investments funds
• Buy some bitcoin
• Buy some gold/silver/platinum

The way you divide the ratios is up to you and what makes you feel comfortable. Make sure you have enough in your savings to get you out of a hairy financial situation quickly. Some investments are easier to convert to spendable fiat than others.

investing is always risky, and investing in bitcoin is no exception either.

that is why you should first understand these risks and then make an investment in it. it is your money and you should be extra careful about it.

these risks are not only related to bitcoin price and the fluctuation but also is risks of saving it in an unsafe wallet (in other words learn how to make a cold storage)

Never ever do that. Don't convert your entire savings in to bitcoin, then you will be taking huge amount of risk with your savings. You may loose all. So choose a percentage of your savings and convert it into bitcoin for good. Take it as an investment with huge upside potential.

Also have a healthy mix of your savings in bitcoin as well as fiat currency, so that if any emergency occurs, you can quickly get some money to control the situation. For bitcoin, it will take some time to convert it in to fiat currency and then the situation may get out of your hand.

It depends on how long do you think to keep the bitcoins, if you think to make money within a short period of time then you may don't, personally I don't put all my savings in bitcoin because it is risky and I prefer 50-50 or similar investing in bitcoin and holding some on the bank.

I totally agree, invest only small amounts of btc per time!

I will suggest you convert 50% to bitcoin and leave 50% in fiat.

Yes exactly the same, i am also doing this i had now converted $120 to bitcoin and i know that definitely it's price will rise up. currently $50 had raised and i am waiting for rise of another $100 so that I could name noticeable profit.

If you trust me then i could say that this is the best option to increase one's money without doing anything. Just but bitcoin with your savings money and sell those bottom when bitcoin market rise up.currently i am having $40 profit per bitcoin that that's not enough because I have only 0.08 bitcoin with me. I should get aeast $200 profit per bitcoin top name a noticeable income

Yes it is Profitable to Invest in Bitcoin Because Bitcoin has Potential To Grow And If You Buy Btc Then  Also You are Able to Buy Other Altcoins Like Dogecoin , Dashcoin Also And Doing Trading Of Altcoins Also Give Your Profit....
I am Also a Trader And I am Getting Decent Profit By Trading Altcoins....

It can be very, very profitable but just like that the price could fall and you'll lose some of your money. I'd suggest you to invest a % of your savings, let's say 40% and you can use somewhere around 10% to invest in trading or some gambling site bankroll.

If you have strong believed that btc can bring good profits for you why not i guess it should be your decision because for me its okay to ask for advise but if talking about money its really better to make sure that you know what you are entering as bitcoin price keeps rallying up and we cant say if that will stay or it will fall.

What is your plan with the bitcoins? If it for long Investment you can buy the bitcoins and saving them it will be profitable for long term but if you become traders make sure you have understood about related trading cryptos coins.

Put some of your savings in Bitcoin, but then again dont put what you dont afford to lose..! also where are you from ? is your currency is not $ , then you have some extra safety , because any time you can turn your BTC in to $

Don`t invest all your savings into bitcoin.Invest around 50%

Be carefull when you buy bitcoins.

Yes.Bitcoin is profitable and you might make some money from the price increase.

Investment always has two sides of coin whether profits or not but mostly investors know how to get it.
Bitcoin price has been set $680s for few days, people in this forum speculate about how this year bitcoin would reach through $700
You can believe it or not, but still the price will always rise as usually it did a hundred times before.

People would really  continue  to   speculate regarding  on  bitcoins price because we are   hoping for  bitcoins price   to rise  to its peak and all would be benefit  that event for sure. Putting  up your savings   to bitcoin would  be  a good choice  though but  dont  put all that you cant afford to lose.

don't put all of your savings into bitcoin because you have that money with your daily life, and if you convert all your savings into bitcoin then how you can live in daily? beside that, what do you want after you have bitcoin? is it to hold in long time or you want to trading or you want to join into investment program? this is important question because i hope you don't make any mistake that you will regret it in your future and you don't miss something with your life.

I agreed with you, at the present time now it is good or right timing for now to invest in bitcoin. The price value is continue increasing which is representing that Bitcoin is a kind of investment where it is deserving to put our money.

You should know the risks to put all your money into something, that might be a big loss or a big earn, even with bitcoin looking stable you must invest safety into it, i myself do pretend to invest my savings into bitcoin at 2017, but i do know the risks doing such, soo there is a huge potencial that comes with a high risk as well.

It is profitable even if you do not actively trade. Just buy some bitcoins and hold them for a while. Regularly check the price, if it is higher than when you buy then sell it for profit. Just do the process over and over again.

Right now savings in banks and other investment won't give you a earning similar to the profit got from bitcoin due to the price variation that happens often. If you were in a plan to make additional earning from your savings, then surely one needs to convert the fiat savings to bitcoin.

Savings in banks is also safer than bitcoins. You won't see your savings halved in a matter of a few months.
So risk appetite decides how much you should invest in bitcoins.

Yes its better to buy and hold bitcoin then to keep money in bank or in almirah because bitcoin price keeps fluctuating and one day you will have chance to earn free profit. because now it's price is about $687 and see after 6 months. you will definitely have profit of $100 per bitcoin.

bitcoin is in a very good place right now with all the good news and the price rising up. that is why i think bitcoin is one of the best investments right now and the same situation as before will happen soon that people who haven't already buy bitcoin will regret it.

Yes, you should. This is the best way to get profit from Bitcoin. Bitcoin is becoming more and more popular, and this leads to the increasing in Bitcoin price. Which means, when you convert all your money into Bitcoin, you can get profit and also can have many advantages from it

It would have been profitable already for you if you had invested them in bitcoin before a month, because the price has gone up already from a few days and you were in profit right now, and still it is not too late, you can still get profits from the growing nature of bitcoin right now as if once it started getting stable then it may take some time again to grow.

Don't do it. Instead save your bitcoin earnings on bank why? seriously in my own opinion bitcoin is still on its experimental stage so it is too risky but i didn't say that you should not try to earn so i  suggest just get some part of those savings  not all.

It's a really good idea. But I would suggest you to not to go all in so quickly. Buy when prices are down, at regular intervals. Invest little in stocks, mutual funds, bank fixed deposits. Buy and store btc but not full be careful, be a wise investor.

Yes, to make a decent profit it's necessary to buy the BTCs when its price is low, wait the price increase and sell. I think Bitcoins are a good investiment for sure, much better than bank investiment offers and things like that. The problem now is to know what is the low price of Bitcoin, because it's really volatile. Anyway, if you want you can buy BTCs now and hope to sell them for $750 or more soon.  :)

I think nobody can say for sure, because there are no people who are from the future and as Wittgenstein wrote: we can't refer future from current facts. Thus, we have only some probable predictions. Of course, people on this forum mostly believe in Bitcoin. Nevertheless, there were many posts about Quantum computer and whether it could destroy Bitcoin and posts about other profitable options like Ethereum. So you better decide on your own.

Yes definitely. i am also doing that. Because if i keep my money in bank then they will give me only negligible interest but if i store money in bitcoin wallet then after price rise I can sell my bitcoin and make profit for free. but you can't sell wherever you want  Because when price is low if you sell then you will face losses.

of course it will be profitable, you need is the determination to do it. think about it, if you lose when you do that, you just need to play or collect bitcoin trading again, so you can cover your losses. Well, the business can you make simple my friend  ;)

Like other said its profitable but for now i see that the price is high so i think this is not a right time to sell or exchange your savings into bitcoin better to wait more days to see if the price will goes down before you can exchange it into bitcoin so that you can make more profit once the price will increase again..

yes it will really be profitable no doubt about this. i think i have already done so and still investing even my income in bitcoin, on every 1st of every month i inves my salary in bitcoin for holding and increasing  its price and then using it directly for different activities.

I don't think there is a need to convert your savings to bitcoin unless you wanna invest in bitcoin.  If you ask me if it is safe to invest in bitcoin so that you can convert all your saving to bitcoin, I would say it is safe but not 100% risk free.  Bitcoin had been known to have a high volatility, so there is risk that bitcoin price might go down in price the moment you invested in it resulting to lost in calculation but you must be in for a long run.  So you need to wait for about years to see your bitcoin investment gain big profit.

http://imagizer.imageshack.us/a/img922/7079/LBTPeY.gif We have a leak ... Bankster are here.

I think it is not that easy, bitcoin prices change all the time and if you change all your money into bitcoin would be very risky, certainly when you lose you're not going to have no more capital

Definitely, because I've tried it, but if you're still doubt you should not do it, and i think you must use only half from your saving.

I think just because of the high prices. does not mean you should not buy bitcoin. because it is possible that prices continue to rise even if the price has been high. so get rid of it and buy bitcoin feeling now to a profit

Yes its be profitable once the bitcoin price goes up you get profit on it the biggest investment the biggest profit once the bitcoin rise. So maybe you should convert your savings into bitcoin but not all.

Some people are blinded by old system. Where they are promised to gain interest rates just by putting their money in a bank deposit.
It was totally safe bet - they always gained small profit - but real life investing is not that simple - you can lose if you mess up.
Skeptics still can say that depositing money in a bank account is safer - but gaining 2% from it, is really worth it? When you can earn much more with BTC?

Actually you're just storing your money by keeping it in the bank. The interests are useless, and you're better off going for a more legitimate investment instrument.

Definitely its risky convert savings into bitcoin. As we all know
bitcoin is volatile price and its literally risky to convert it.
But somehow, you can gain profit since bitcoin is increasing.

Yes it is profitable, but investing in bitcoin has a risk and you should be prepared for that if you want to put your savings in btc. currently the price is a bit high, better wait for the value to go down again then buy.

Yes it is profitable because price of bitcoin is growing day by day, the price of bitcoin increased from 640$ to 698$, and in future price will definitely increase so buy bitcoins as much as you can or want and hold it for some months and waiting for price to increase.

Too late for converting into the bitcoin form in this day and especially the price are got pumped over $700 in bitfinex and I think for providing the another option for investing in the alt place rather than btc in this day caused by the power of btc are reducing the price of the altcoin.

Yes it will be good but sometimes it is very risky

Diversification is the best in my opinion but of course you gotta have at least decent knowledge on where your savings headed to. I believe Bitcoin continues to rule the cryptocurrency and will keep on increasing. Investing at some promising altcoins and ICOs can also give you some decent returns. Also some top online casinos like accepts investors so you can also keep your BTC and other alts there.   

Converting a percent of your saving into bitcoin I think is good, but converting all your savings into bitcoin is a bad idea in my opinion. Also ill say that now is not the right time to convert your saving into bitcoin if you want to, wait for a dump before doing that. Just convert about at least 30% of your savings to bitcoin so that if it dumps or lose value, you won't regret that you converted some percent of your savings into bitcoin.

I also translated some of their money in Bitcoin. But when the price of Bitcoin approached the $ 700 I had already started to worry - what if, after such a sharp decline in the price of rise will be. Because then I will remain a loser. Maybe it's too late to buy Bitcoin

It is very profitable if bitcoin's price would continuously increase but if bitcoin's price suddenly drops your fiat's value would decrease also and that would not be good.

i am regretting not storing my earned money into bitcoin,i was suprise to see it rise so fast, i will also advice you to buy enough bitcoin so that in future it may increase in value

even though temporary fluctuations in the price of Bitcoin continues to grow. so Bitcoin is still possible to invest. But whether all income should be converted to Bitcoin - unknown

yes maybe you can convert some it is good I think but dont convert all

I just starting to convert nearly 90% of my monthly savings. I have a feeling bitcoin reaches $1000 before mid 2017. Although I am always tempted to scatter some of it into altcoins for trading and some good looking ICOs. Cryptocurrency have so much room for growth and hopefully all fanatics will earn decent amounts for these opportunities.

I can not get to convert 90% of their income. The maximum that I can convert it to 40%. But I think this is not too bad, since Bitcoin expensive

Not really advisable to convert all your savings into Bitcoin, as trading into digital currency can really be risky too if you do not understand the trends of the price in digital currency

Convert does not necessarily need to trade. I buy cryptocurrency to protect their savings from inflation

Mate. It is ok to convert cash bitcoin. Don't consider bitcoin as a shit coin that have a trends of price. If you have a lot of time to conduct research about history of price of bitcoin, you will have the idea that bitcoin is a great opportunity for an investment. Bitcoin is very different to all alt coin out there.

Historically, bitcoin is a very safe and very profitable investment, in the past couple of years the average value of bitcoin increased, of course it went down a lot, and went up a lot, but by average its just increasing post mt-gox.

Thus if you are investing in it long-term and willing to forget about it for 10 years or so, its a very safe choice if history repeats itself, and very profitable.

If you aren't investing in it for long-term, be aware that bitcoin is very volatile, and prices can really change by a lot in months, even weeks.

So if you are investing in it long-term I say go for it, if you are investing short term, you should have some willpower not to succumb to selling at the first sign of it dropping.

Note that I highly recommend you don't store your bitcoins in a exchange, and instead store them in a cold wallet.

yes its correct decision to convert savings into bitcoins because it has more increament in the future compare to savings so prefer to convert savings to bit coins

In my opinion BTC is very good for the long run, however i wouldn't recommend you to invest money that you really need/scared to lose. Because before BTC reaches a high value, some crashes are coming with it :-\

Today's a good time to cash in your savings to bitcoin since today is at its cheapest. It woll definitely be profitable in the coming weeks since bitcoin doesn't stay slump for a long time. I'd invest all my cash if I had any now. I'd encourage you to cash-in now.

Yes you can invest your savings and convert it to Bitcoin.  Just make sure you don't use all of your savings, just invest half of your savings and the other for personal use in case you neede it.

yes why not?

Yeah you can do it. It's your personal decision if you are going to invest your hard earned money to Bitcoin.  Oh by the way Bitcoin is a good investment after all.

Bitcoins are a good avenue of investments today. So, I say, convery your savings to bitcoins. I don't see another steep decline in the coming months and bitcoins will most likely bounce back hard since it declined recently last week. Today would be a good day to have you cash to bitcoins since the exchange rate is low.

Start investing and turn your money or savings to Bitcoin.  Don't hesitate, believe in your gut feeling.  Invest it now, go for it.

If you wanted to invest it, do it.  Invest your savings into BTC.  Don't worry about anything.  Be patient and more patience in you.  In time you will have profit or interest that you are waiting for in your investment.

Of cause yes because as BTC is having a limited supply value of BTC will surely increases with time. Therefor its a great investing opportunity.

Maybe yes if you are a risk taker you could try to invest some of your savings in bitcoin. After you convert some of your savings. It's time to wait for the pricr to get high then while you are waiting why not study about bitcoin it might help you in the future.

I suggest you to make your portofolio before you covert your savings, because investment have higher risks than saving.

Dunno, if you haven't had anything before, I'm not sure you need to buy it NOW

Like all investments there is a risk. If your savings is money you can afford to lose than invest in bitcoin and hold. Otherwise maybe better to diversify or invest a portion of your savings. Cheers and good luck :)

yes if you convert now i think its more profit that you have now

You should convert your saving into Btc few years ago.
Maybe now is the right time neither. It will be just bigger and bigger.

It is profitable in a way but I think you should keep it to yourself. Having your own money to your bank account is a greal deal since you can count on it whenever yoy need to. Cash out from BTC will take a process and hassle.

Bitcoin now is in an all time high... You would actually profit from it but if i were you, I'd rather wait for it to crash down again and then buy alot. Im pretty sure it would come back again stronger than before.

If you're going to that now, i don't think that would be profitable. I mean you'd still get some profit but if i were you, I'd wait till it dips very low. It would definitely bounce back

You can store half the funds

Its be wise enough if not all of your saving will be converted into bitcoin. I agree, half of your saving will convert into bitcoin because their is a big chance your investment in bitcoin will grow unlike in a bank.

for now i can say yes
price bitcoin become raising moon, you invest now and it still worth it gain profit in future.

As quicly you can....

Only invest what you can afford to lose because Bitcoin price is volatile although lots of people got profits from it but this will not guarantee you a 100% success so you should be responsible for your own money.

yes,for my opinion it is long term investment which is it can be price high in future and you will get some benefit from convert fiat money to bitcoin

It is depends of your needs. If you not a safety player, you can put in all your savings into bitcoin. Sell it when bitcoin reach high price. But unfortunately, now bitcoin reach All time high price. I suggest you to wait some more days until the price drop around 10-15 percent, and keep watching bitcoin price.

My statement is positive. For long term investment I would like to say all to invest the savings into Bitcoin.Now,Btc price is goes up.It is really a good news for all investors. If you interested to make money,you will invest your savings into Bitcoin.You can buy coin and hold this for a long time,you will surely benefited.So,I should I convert my savings into Bitcoin

I think that might be a big risk to do but if you really trust bitcoin then go for it, you will not know what happen unless you try, you gain experience every time you fail but it doesn't mean you give up.

If you have saving your convert to bitcoin it might be that the price is higher and you earn more.

I had been keeping my savings and I didn't know what I'm going to do with until I heard about bitcoins. This money is tend for my studies but I discovered that there's future in bitcoins. I invested all of my savings then hold for the future. Hope that it will continue to increase its price. Now I'm in a process of learning more bitcoins like joining campaigns and exchange.

It is very dangerous when you use all of your money investing in bitcoin, you can earn alot or you will loose them all, a wise people will diverse their money into many coins to get rich.

bitcoin is in a very good place right now with all the good news and the price rising up. that is why i think bitcoin is one of the best investments right now and the same situation as before will happen soon that people who haven't already buy bitcoin will regret it.

The answer is yes... but the important question in WHEN  ???