GregH37
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Merit: 1037
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December 30, 2017, 11:02:02 AM |
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The way to invest wealth just in one asset is too risky, even it doesn’t concern bitcoin. The high volatility of that crypto currency gets that approach even more adverse.
Being a profitable person in term of finance you should take a risk. Putting money in banks unprofitable if you take a risk their is chances that you will be profitable. Now if bitcoin price fall people became dis heart. Time is coming for bitcoin to rise up. Its time to convert your money to bitcoin in order to became more profitable in the coming future. Change your money into bitcoin. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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micleeiu398
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December 30, 2017, 11:22:50 AM |
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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 it is risky to turn all your money to bitcoin. The trend is unpredictable and there is no guarantee that bitcoin will raise its value. It depends on your timing as well. If you convert bitcoin at a lower price then its a good investment but when you convert to bitcoin at a higher price it you need to wait for its value to increase again and it might take sometimet. Its value will increase after a few months. Do what you think whats best for you sir. Now it is time to put all your money in bitcoin. Because at this stage the price is low. It will rise soon and became more profitable in the coming future. Bitcoin will rise soon. As the price is now low it is due to some issues may it is time for those who doesn’t buy bitcoin now. They should buy bitcoin in order to become more profitable in the coming future. Its value gonna rise in 2018. |
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diegodos
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December 30, 2017, 11:33:47 AM |
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Never keep all your eggs in one basket! Buy 5-10 altcoins, bitcoin, ether, dollar, Euro and your portfolio will always be growing.
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Bitcoinislifer09
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December 30, 2017, 12:29:28 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,it is risky but it is the best time to turn all your money in bitcoin because as time goes by, the value is increasing so that in the end of time you will benefit from it. We all know that if we invest,we must take a risk to try if we really earn to our investment.We just need to trust bitcoin because it is a trusted cryptocurrency and especially in investing. |
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R21
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December 30, 2017, 12:43:35 PM |
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At a present bitcoin rising so high too short time, but now bitcoin continue up & down! but i think bitcoin again rising at it's own power! so, i think if you can investment for bitcoin then you can earn very good profit in near future! but no need to invest your all wealth for bitcoin. you can invest your wealth for btc between 50-70%. i think that's ok.
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xnuggets
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December 30, 2017, 12:44:02 PM |
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The best time to buy bitcoin is now. Many people become millionaires because of that risk, all you need is just trust on it.
Though, it is very risky to give all your money to bitcoins, specially when the market is volatile and unpredictable.
It's the best way to save some for emergency, rather than have a full strike if you want safety.
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Yantoaja
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December 30, 2017, 01:08:13 PM |
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I think it's very risky enough if you turn all your money into bitcoin ..... because bitcoin is not yet fully into a legitimate transaction tool for all payments
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GideonGono
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January 01, 2018, 07:47:06 AM |
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Yes it's risky. How to do it at the same time with emergency and the price of bitcoins has also fallen. Surely if the bitcoins have been replaced with fiat moneys you are losing. For example, if the money you invested in bitcoins is $ 1000, and it will drop $ 800. That means you're losing $ 200 and of course if you have an emergency at the same time and you really need money it will force you to withdraw it. So it's better not to put all your money into bitcoins because there is a big risk of losing it especially in unexpected events.
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luigidosado
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January 01, 2018, 08:26:20 AM |
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Putting eggs in one basket. That's what they say. It is a risky way of keeping your money because of the unpredictable nature of bitcoin. We can never say what will happen with bitcoin in the future. It would be safer if you keep a certain amount for bitcoin. And also, it is more advisable to invest your money in different altcoins which is way more profitable than just keeping it in bitcoin.
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meringueberry
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January 02, 2018, 08:31:09 AM |
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Now that bitcoin is only on the way to stability, it would be risky to put all the money that you have for this. Consider this as surplus and still attain reach cash on hand.
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cloudbleron18
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Merit: 10
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January 02, 2018, 08:36:13 AM |
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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!
i thibk its not because if you want to back your money in bitcoin that the right way for choosing because bitcoin never betray you.bitcoin is always their to hear your pray if you invest again that money will be become a so much. |
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redhondaxrm125
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January 04, 2018, 05:15:11 PM |
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Putting eggs in one basket. That's what they say. It is a risky way of keeping your money because of the unpredictable nature of bitcoin. We can never say what will happen with bitcoin in the future. It would be safer if you keep a certain amount for bitcoin. And also, it is more advisable to invest your money in different altcoins which is way more profitable than just keeping it in bitcoin.
Lol, even if op does what you are saying which is not invest in one egg i.e., investing in different cryptos, that would atill be very stupid. Because you see, when you put money on cryptos, it aint going to be easy to withdraw your money. You will still have to convert ans gonto exchanges. And if emergencies come, op won't have shit to use because he mindlessly invested every damn thing he had. |
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cryptokudi
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January 04, 2018, 05:30:13 PM |
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If you are an expert in marketing and have a good education about the fluctuating of the value you may end up making huge profits, But it is that we are like 99% sure that bitcoins won't die and the prices won't come to ground. 1% can even mane a difference. What if you buy and the value goes down and never comes up.!? So rather than putting all your money into BTC use them to buy assets that would be profitable in future.
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maynguyen
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January 04, 2018, 05:39:25 PM |
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I do not think it's true that you turn all your money into bitcoin. Bitcoins are not widely available. Not so, the future of bitcoin is uncertain, you risk losing everything.
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Sunnyyy
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January 04, 2018, 05:47:04 PM |
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I'm not sure it will be profitable. So I advise you not to invest all your money for bitcoin. You can also buy slowly to hoard. You can lose everything when bitcoin is destroyed
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●●⚫ CRYPTONITY ▐| The Crypto Community Exchange ▐|
Public Sale 1 Starts: Nov 1, 2018 ▐|● https://tokensale.cryptonity.io |
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Potatohead
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January 04, 2018, 05:50:02 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, it is. Even though bitcoin is a really promising crypto currency, it's price can either go up or go really deep down depending on it's market demand. Investing all your money all in on bitcoin would just make you starve. Bitcoin is a good long-term investment, imagine what would you use to buy your daily needs and necessity if you will use all your money on bitcoin. Just invest the amount of money you can afford to lose. |
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BountyX
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January 04, 2018, 05:58:50 PM |
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Yes, it is incredibly risky. One of the golden rules in cryptos is to invest only what you can afford to lose. So you have to chose how much of your savings you are ready to risk. Because IT IS a risky investment.
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Alex Khvatov
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January 04, 2018, 06:01:11 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!
Any investment that brings high returns has an inherently high risk! It would be risky to turn all of your money into just one extremely volatile asset that is also the most unpredictable in the history of investing. That being said, I would leave a certain rainy day fund in your bank account and would try to invest the most you can into crypto-currencies. Several of them are better to diversify away your risks, do not focus on just bitcoin. I'd recommend bitcoin, ether, litecoin, ripple, IOTA maybe as well... Then when you'll be ready to invest in ICOs, that could be more preferable. Use a couple of exchanges, not just one. |
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Cedrick
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Eloncoin.org - Mars, here we come!
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January 04, 2018, 06:04:18 PM |
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Yes, it is incredibly risky. One of the golden rules in cryptos is to invest only what you can afford to lose. So you have to chose how much of your savings you are ready to risk. Because IT IS a risky investment.
It is really too risky to invest all of your money here in bitcoin. You must save for youself and you should invest that is adford by you budget. You don’t need to invest it all. Because here you don’t have assurance to gain money. |
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daarul50
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January 04, 2018, 06:09:41 PM |
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Risky or not is if we change all the money owned into bitcoin it depends on how we manage the bitcoin. If the money is only deposited in bitcoin then there are two possibilities of gaining profit and loss. But, if we make money by doing various crypto trading then I think profit will flow all the time if we already understand the right way of trading.
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