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Capradina
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October 28, 2017, 02:37:13 PM |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Op I will not advise you to convert all your the money you have to Bitcoin because that highest risk for everyone to do such convertion. What I will you is that, you should maybe convert about 40% of your money with the bank and leave the remaining 60% with the bank despite the fact that it will not yield anything for your. One main thing that indeed we should understand before investing in a place which we sense very profitable is our level of understanding of all of the existing system in it, because if you don't understand it then any the funds will you spend it is definitely not going to get the maximum profit. As you say, they will not produce the best. But it's not how the amount in investment, but how well you understand it |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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bitfornewbs
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Activity: 168
Merit: 10
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October 28, 2017, 02:48:35 PM |
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It is very risky. Right now, cryptos are not stable enough for us to put an all out investment. I think putting all of your money when you are not certain how it will turn out is a really bad move to take. It will be all or nothing at the end. You might profit, you might lose some or lost it all. Having a good judgement and plan for investment will improve the risk youll get. Investing is about taking risk low as much as possible to obtain the most profit you can get.
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ldah94
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October 28, 2017, 02:49:41 PM |
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It is not risky but you must take into account that it is a very volatile currency and that to wait for profits you must wait in the long term and not sell when you have low trends. So I would recommend that you leave a percentage of your money withheld in your bank account in case you need your money at the moment.
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X7
Legendary
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Let he who is without sin cast the first stone
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October 28, 2017, 02:50:45 PM |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It's risky to invest all of your money in ANYTHING. |
For what shall it profit a man, if he shall gain the world, and lose his own soul?
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raku
Jr. Member
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October 28, 2017, 02:56:24 PM |
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I Thing it is a very risky to turn all money to bitcoin. Never put your all money in a one bag.
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sayemcse
Newbie
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October 28, 2017, 02:57:07 PM |
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i think its high risk and on the other hand, its very much lucky..in bitcoin anything can happen.
but btc is life changer coin..
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matchi2011
Sr. Member
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Activity: 1456
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Buy $BGL before it's too late!
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October 28, 2017, 03:37:08 PM |
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i think its high risk and on the other hand, its very much lucky..in bitcoin anything can happen.
but btc is life changer coin..
Well it's not only high risk but a but foolish as well if you don't diversify your assets. As much as i trust bitcoin, it's better to leave mothing to chance and be prepared for any possible situations. I believe btc has the capability to make a difference financially in my life but i'm not risking everything in one go. |
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neo444
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October 28, 2017, 03:41:03 PM |
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Bitcoin is an investment project and that project he can succed or failed so if you don't need that money you can turn your money to bitcoin and you can earn much more the value that you put on bitcoin if his price grown up in the future
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Nelson2
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October 28, 2017, 03:45:30 PM |
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It is too risky to put all your money into bitcoin. It is tempting to do when you see the market go up and up but once it drops, you will start losing your money and all the regrets will begin to come in tied up with panic and fear. I hope you would save yourself from that.
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majeed
Sr. Member
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Activity: 526
Merit: 253
Damn
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October 28, 2017, 03:57:26 PM |
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I Thing it is a very risky to turn all money to bitcoin. Never put your all money in a one bag.
It might right to other types of investment but in bitcoin, I do not think that there is any risk. Bitcoin is a source of investment which can only give you profit overtime. If you are patient, you will definitely earn money from bitcoin. I have known bitcoin since its price was only $100. That is insane,right? |
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Glenn10
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October 28, 2017, 03:58:21 PM |
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Yes it's risky! because any time bitcoin price change up or down, when price come down you loss your money. You can hold bitcoin but don't put your all money in bitcoin for your security.
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Zenithar
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October 28, 2017, 04:03:47 PM |
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Bitcoin is an investment project and that project he can succed or failed so if you don't need that money you can turn your money to bitcoin and you can earn much more the value that you put on bitcoin if his price grown up in the future
not only in bitcoin but in any business it is not a good idea to invest all your money, Although bitcoin is a good source of income but still i think we cannot predict about the future of bitcoin and that is the reason that it is not a good idea to put all your money in bitcoin. i think it will be good if we put such amount of money in bitcoin that we can afford to lose. |
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syamster
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October 28, 2017, 05:03:55 PM |
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To my opinion it is risky to turn all your money to bitcoins, since there is a possibility to lose.Bitcoin might be intangible,even paper money or securities can be presented to a central bank or company;digital currency is a decentralized and just a piece of code on the internet, so it has no country or company for you to ask to honor it. After buying bitcoins never leave them at the exchange if it is affordable move the bitcoins to a hardware wallet to store or a paper wallet.Buying bitcoin is a valuable asset now since there is only 21 million available and of that 80% of all bitcoins are mined, this scarcity could continue for the demand.
Well I think if someone is rich or billionaire so they will not invest their all money because I think it’s not a good idea to invest all your money anywhere so I think little part of your money invest in bitcoin because bitcoin can always give a very good profit bitcoin have a very good quality that it change his price in a week so every month you can get profit. |
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Sweetbtc
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October 28, 2017, 05:05:27 PM |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes investing is a risks but still some people do invest for there business. But not all money. Investing your all money can increase the chance of losing. So you should invest low like 1000 or 2000$ would be better depending upon how much total amount of money you own. |
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Gasotard
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October 28, 2017, 05:10:18 PM |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It's a risk that most aren't willing to take. The odds of you making money on Bitcoin is high. |
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Sweetbtc
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October 29, 2017, 08:26:12 AM |
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it's very risky, do not put all your eggs in one basket
Yes, it is risky since it is volatile, and unpredictable so why you gonna put all your money into it, maybe you can just invest half or quater of it, because putting all in one basket can make your money lose. |
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AmeSakibimasu
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October 29, 2017, 10:06:04 AM |
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I Thing it is a very risky to turn all money to bitcoin. Never put your all money in a one bag.
You have a point, but if I have the money, I would put it all in bitcoin without any hesitation, because gaining profits in bitcoin is positive without any doubt. It is just us who are scared on taking the risk, especially if we are talking a huge amount of money that we are going to put in investment, but trust me, investing your money to bitcoin is the most safest investment here in the crypto world. |
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majeed
Sr. Member
Offline
Activity: 526
Merit: 253
Damn
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October 29, 2017, 10:50:29 AM |
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i think its high risk and on the other hand, its very much lucky..in bitcoin anything can happen.
but btc is life changer coin..
Well it's not only high risk but a but foolish as well if you don't diversify your assets. As much as i trust bitcoin, it's better to leave mothing to chance and be prepared for any possible situations. I believe btc has the capability to make a difference financially in my life but i'm not risking everything in one go. No, you shouldn't. We can deny the benefits of Bitcoin bring to us. It also has changed many people many people's life. Bitcoin has the highest price now. However, everything has risks. Yes, It's 50/50, you can be rich if you are lucky or you will lose your money. |
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lvincent
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October 29, 2017, 11:01:52 AM |
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Yup i think it is too risky bitcoin really show's us its capability for the past years but i think to turn all of your money into bitcoin is insane bitcoin is volatile and no one can say if it's gonna crashed or something and if that happen you dont have plan b to bounce back cause all of your money are in bitcoin try to manage your money as much as you can and have some savings too it's not bad to have some saving just in case something bad happen.
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Sarah08
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October 29, 2017, 02:21:27 PM |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
No it is not risky to turn all my money to bitcoins because bitcoin is so very legit. It is already tested to be true. And in bitcoin you ae be able to gain so much money and to earn so much money. In bitcoin you are able to have so much money in using the less of your time and the less of your effort. |
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