Should I convert my savings into Bitcoin?

[Ib4E]

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

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[atop3478]

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

[sweetpeaches]

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

[iconicavs]

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?

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.

[spongegar]

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.

[squog]

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

[Teleshot]

You can store half the funds

[blitz18]

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.

[btcmayumana]

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?

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

[Levien]

As quicly you can....

[MiniMountain]

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.

[liridon]

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

[AIRDROPSQUAD]

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.

[kolbalish]

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

[xhoondilan]

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.

[Babyfaceless]

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

[hkdfgkdf]

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.

[patykuprova]

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.

[HeadBroadway]

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.

[EvaGC]

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