is it risky to turn all my money to bitcoins?

[Allura74]

It certainly is. If you think about it, not all merchants accept bitcoins so you wont be able to use it in your daily expenditures. Turn to bitcoins only the money you are willing to use. Investments are always risky.

Yes it is risky. We cannot deny the fact that bitcoin is still not accepted by the government, and the popularity of bitcoins may threaten the government by its economy and if time comes that the government will ban the bitcoin, so that is the risk because you will never get back your money.

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[Clover_Faith]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

I think it not risky to turn all of my money in bitcoins, instead invest to bitcoin and earn more. We know that everyday past bitcoin currency become so high and high and it is the right time to do before its to late right. Because of bitcoin we can save more as long as we use bitcoin without hesitate.

[dcash]

Everything has a risk. The thing is how much you wanna risk with bitcoin. I do calculate my risk when it comes to investing at any type of financial instrument for becoming a profitable investor. High risk = high return? It depends on how much you wanna take it.

[aimata27]

Yes, definitely yes it is way too much risky if you turn all your money down into bitcoins. First of all, bitcoin’s value is unstable, it can go higher or lower every minute. If you’re willing to take the risk and turn your money into bitcoin, be prepared to lose your money anytime, but you might be lucky as well. Higher risk makes higher rewards you know.

[Rhona Ponse De Leon]

It certainly is. If you think about it, not all merchants accept bitcoins so you wont be able to use it in your daily expenditures. Turn to bitcoins only the money you are willing to use. Investments are always risky.

It's a risk,don't ever made decisions out of yur control, it's enough that we still left some amount on our pockets and bank account that can help us whenever needed,but it will be much a help if you have put more for saving in btc but never let your self empty handed.

Agree with you guys, Its Risky! It can leave you nothing exect bitcoin. You need to preserve all thing you have, you can put some money on Bitcoin but please not all, because what are you going to use if there's an emergency situations? it's hard my friend. Think carefully first before gambling.

[Gintama214]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

When you are investing, there are always risk on it. There is no such thing as an investment that there has no risks. All of us would just go invest that if there is no risks this is why many you need to try it first before investing all of your money on it. You need to know about investing and how it works before you be able to invest and earn. Especially, in bitcoin it takes time to learn but if you are eager to learn you will learn it.

[Bitcoin_trader2016]

I dont think so not so risky because if you take a look the history of bitcoin from the start you can see than you can trust bitcoin for your investments but in some reason some people advice that its not good if you lay your eggs in one basket so much better if you put it in 3 to 5 investments too

[BaeNaNa]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Leave some at the bank or at least diversify it to something else, never put all your money in one thing even if it's bitcoin. You never know if sometimes the goverment in your country make some stupid regulation that will affect your investment.

[DewiKirana]

Of course very risky. Do not exchange all your money with bitcoin, at least you set aside the money you have for the necessities of life and more. So if at any time bitcoin prices go down, you do not lose much.

[Pinoccio11]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

In the bank, I think it's more confident to keep, there is no such volatility of the price this time, nerves are less and putting on the deposit at least a percentage of what you get, and so it's possible to get burned in a moment and rise.

[iamMhew]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

When you are investing, there are always risk on it. There is no such thing as an investment that there has no risks. All of us would just go invest that if there is no risks this is why many you need to try it first before investing all of your money on it. You need to know about investing and how it works before you be able to invest and earn. Especially, in bitcoin it takes time to learn but if you are eager to learn you will learn it.

yeah! its a 50%/50% risk if you join/take/participate on some other investment. you can earn much or otherwise you will loose your money, dont take too much money to invest if you cant afford to loose.you can invest in bitcoin, let says you will divide your money into two 60% in bitcoin and the other 40% is to savings. or its up to you if how many percentage you will put on your investment.

[BlackRacerX]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

It is risky because you're investing everything you have on bitcoins. The higher the risk, the higher the reward. So if you're going with that logic, I might suggest you invest 75% of your savings so the remaining 25 is for your basic necessities.

[bitfornewbs]

Yes it is risky, just like in gambling theres a chance that you might win and lose. That’s why you should be smart enough in spending your money and if you invest in bitcoin you should set an amount of money that you’re willing to lose or win. There’s also a small chance that if you let your money stay in the bank it will not grow as big as what bitcoin brought to us. So invest now and study the bitcoin for you will have a great chance to be successful .

[zhopas]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes it is risky, because you don't know when the bitcoin will rise or fall. So it is better to be safe do not invest all your money just have some savings.

[fruitybatman]

Not if you are planning on keeping it for the long term. Any investment can be risky so always proceed with caution. But there are many places to park your Bitcoin and earn great interest on it too. Much better than banks and traditional fixed return investments.

[fasdorcas]

High risk if you put all the money into Bitcoin, but if you are a great fighter, you will do it by depositing your money on bitcoin. But that's the only person who believes in Bitcoin and has a lot of courage..

There is no risk in investing all the money into bitcoin because bitcoin is so promising that it will never let down anyone’s money and this coin let everyone to enjoy good profit and it gives more than 100% of profit and those who are asking of risk must be unknown to the profit rates and this will let you use your money also because basically bitcoin is a currency and one can get profit as well use it at the same time.

[parassinghal]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Definitely it will be very risky to put all you money in bitcoins. Its not sure that thale bitcoin value will always grow, may be they may fall also. So think accordingly and invest some part of your money in bitcoin and some in other coins. So that if in one coin you will loose then you can gat back those lose from others. All the best. 

[Pattart]

It certainly is. If you think about it, not all merchants accept bitcoins so you wont be able to use it in your daily expenditures. Turn to bitcoins only the money you are willing to use. Investments are always risky.

It's a risk,don't ever made decisions out of yur control, it's enough that we still left some amount on our pockets and bank account that can help us whenever needed,but it will be much a help if you have put more for saving in btc but never let your self empty handed.

Agree because we do not know what will happen in the future so backing up funds will be needed dude. especially now that bitcoin has not been accepted in many places of course you have to save fiat money to be able to pay for your personal needs. I know everyone wants to make big profits by using much capital as possible in bitcoin investments. but using all the money is not the right thing and it endangers your life. do allocation of funds wisely dude. calculate the risk as well

[StarofBTC]

Investments are always risky. To trade, it is necessary to monitor the market constantly, to look at statistics - to know where to invest most profitably.
But if you want just passive income, then it seems to me from all cryptocurrency, bitcoin is the safest.
In general, you can find profitable altcoin projects here.

When there are several assets in your investment portfolio, this is always a more winning position.

That’s true that risk is in every investment even in the smaller one and but here in bitcoin one thing is sure that it will not drown you investment and if one is keeping patience then there will be no loss at all and loss comes when people start panic selling without knowing the market critics and those who are mentally active they invest and work according to the strategy they achieve big and appreciates bitcoin.

[cehh01]

Probable it is a little bit risky,nobody knows what can happen to bitcoin in a few months, not even in years, so my advice is only to put some money on bitcoin, not all your funds, because if bitcoin drops to zero, then you will loss all your money.