Yes it is definitely risky to turn all your money to bitcoin. As we know one of the main problem of bitcoin is it is not widely accepted yet, meaning you have little options on where to buy goods. And right now the price of bitcoin is unstable, it keeps moving up and down and I think right now is not a good time to invest.

With technology and cyber age advancing I believe that bitcoin and crypto will become commonly used in the future. I can see people using virtual currency to pay or purchase goods more often. I can also see more establishments accepting virtual currency. It will definitely happen, the question is when.

Holding bitcoin has been one of the common thing a bitcoin owner do. They hold their bitcoin and wait for the right time to sell or cash out. I think it is not being greedy at all. I am only thinking of the profit I will earn if I wait for the right moment to sell. For me that is just being wise and not being greedy. Greedy is someone who doesn't share what they have to others who doesn't have any.

Tama ngayon ang pinaka magandang pagkakataon upang bumili ng bitcoin dahil sa baba ng presyo dahil sa nagaganao na price dump. Kung ako sa inyo bumili na kaayo habang mababa pa ang presyo sa pagkat tataas muli ang presyo ng bitcoin. Wag palampasin ang pagkakataon na ito.

Sa ganitong panahon na babagsak ang bitcoin, ang pinaka magandang gawin ay bumili pa ng maraming bitcoin. Dahil pabagsak ang presyo maraming nagbebenta dahil sa takot na di na makakabangon ang bitcoin. Bumili ka ng marami tapos hawakan mo. Tiyak na tataas ulit ang presyo ng bitcoin. At kung tumaas na ulit ang presyo malaki na kita mo at pwede ka ng mag benta ng bitcoin mo.

I think most of us dreamed of buying our dream house and settling down. That is my ultimate goal too. If I get lucky with bitcoin that is definitely what I will buy first. I also plan to give back to the community I grow up in.

Yes that would be scary, all your hard earned btc unable to cash out, just the thought of it scares me. My greatest fear would still be being hacked. That would break my heart when all my btc would be just gone.