is it risky to turn all my money to bitcoins?

[BlackBeauty]

In turning all of your money in Bitcoin have a pros and cons because if the holder of the accounts is good in discovering new things and witty in using Bitcoin your money will turn in good results but if you are lack in working with Bitcoin, it's very risky to spend all your money in Bitcoin

I think it will never risky to turn your all money in bitcoin for investment because its price going to high and it will get you good profit but some of money you can save for your family because if you have suddenly work so some money can help on that time, so you can invest your money in this forum all of money except some little amount.  

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[ice_man75]

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

YES! It is highly risky to do so. It is foolish TBH to do so. You gotta look at Bitcoin from both sides, the good and the bad, the price of Bitcoin is going up quicker than ice melts on a summer day, but at the same time there is a high risk it can fall down the same way. You can lose your life savings in just a blink of the eye.

[twinkledthomas]

All cryptocurrency investments are risky.  So dont invest all your money into one. Diversify. Buy some altcoins also, like xrt, etn, deeponion etc

[XaurumGamma]

It's risky never go all in

[Bacotan Bae]

Although bitcoin proves to be profitable, but if turn all money is certainly very risky, as it happens 3 days that the price keeps dropping to over $ 2000. this will certainly make us not going to sleep, I recommend the maximum is 50%.

[redcrystal]

What sort of answer would you expect lol 
Don't ever invest more than you can afford to lose! This goes for housing, stock exchange or a relationship 

[jack107]

It's very risky imo. You have to figure out the logistics let alone cashing it out lol.

[Nariza]

Turn all your money on bitcoin is very risky because there is a tendency to get losses. We don't know what will happen to our investment. Maybe you can put some of your money on bitcoin but not all your money.

[nidacoinlove]

Although bitcoin proves to be profitable, but if turn all money is certainly very risky, as it happens 3 days that the price keeps dropping to over $ 2000. this will certainly make us not going to sleep, I recommend the maximum is 50%.

Yeah a maximum of 50% of total capital to be invested in bitcoin is more than enough. As we all know that cryptocurrency investment is taking high risk but even the risk could be lowered by investing in different coins at a time. I don't see $2000 a huge drop for bitcoin, if we look at the dropped percentage it will not be more than 15% of the bitcoin high price. Bitcoin has experienced a lot greater losses in past with a brilliant recovery so, it's not a matter of high concern.

[crenfrosck]

This idea is crazy and irresponsible. Turning your hard earned money with such big volatility is just a gamble. You might win the jackpot, but there is a possibility of losing all your funds due to different reasons.

Way too risky. But no one can stop you if you think this is the way you want to do decisions in your life...

[abdullahtahsin420]

Actually business is a factor of combination with loss and profit although investor invest on thinking a lot. After monitoring the whole thing i can say itis not a risky to turn all money to Bitcoins.
 

[JasonXG]

It is risky to cross the road. You can lose your life by passing car. It ia risky to invest in bitcoin because you could lose a lot of money. Do you see where I am going with this? If you really believe in bitcoin you could turn all your money into bitcoin. I have almost all mine in bitcoin. Come this time next year bitcoin will have gone up so much there will be people saying "I wish I bought a bitcoin at $20000 I could have been rich" that time will come.

[jagadlangit]

i think , turn all your money to bitcoins is very risky
because we dont know what happen next to bitcoin and other Cryptocurrency

my advice for you is to invest some money to bitcoin that you dont need it

[MrRiuss]

yes, it is very risky. remember! dont put all egg in one basket 

[Deborah Christine]

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

for me bitcoin is an investment. and each investment must have risks. no investment or any business that has no risk. so I think it depends on your courage and your mental readiness to accept even the worst risks. it's just in my opinion to be great we need to get out of our comfort zone and dare to take risks that exist. and I think this is the right time to buy bitcoin because now the price is down stay wait for the beginning of the year or mid year later you will surely be able to profit. I have almost 1 year wrestling in bitcoin so far safe for me there is no big risk that I feared. Please try

[kriptotr]

Although bitcoin proves to be profitable, but if turn all money is certainly very risky, as it happens 3 days that the price keeps dropping to over $ 2000. this will certainly make us not going to sleep, I recommend the maximum is 50%.

Yeah a maximum of 50% of total capital to be invested in bitcoin is more than enough. As we all know that cryptocurrency investment is taking high risk but even the risk could be lowered by investing in different coins at a time. I don't see $2000 a huge drop for bitcoin, if we look at the dropped percentage it will not be more than 15% of the bitcoin high price. Bitcoin has experienced a lot greater losses in past with a brilliant recovery so, it's not a matter of high concern.

Nowadays lots of people are thinking about the same thing, but gettin into bitcoin with all your money should be avoided. This is a reality. You can only provide a portion of your all money and buy bitcoins with it.

[Butchick]

Despite the oppurtunity of financial growth that bitcoin offers, turning all your money may possibly give you huge profits but we have to always remember that everything in the crypto world is uncertain. Therefore, investing in bitcoin is totally risky.

[cl37007]

Probably one of the most risky things you can do. It's all well and good saying, well if I had done that 6 months ago I would be worth a fortune now. but there was no guarantee it was going to go up, same way there is no guarantee now it wont go down. Invest what you can afford to lose is always the best motto for me

[LightFork]

It depends on what horizon of investment to consider. And looking at what constant income is.

[moonordoom]

It is risky, in a way, since we do not know when Bitcoin will go up or down but if you are into risk then it is good to turn all your money to Bitcoin since the reward is so high.