SteshaScott
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February 07, 2018, 10:46:23 PM |
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It is only risky if you are not 100% sure what you are doing.
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gabinsight
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February 07, 2018, 10:56:57 PM |
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Only a greedy individual would turn of his money into something as volatile as Bitcoin. It is highly risky.
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miang
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February 07, 2018, 11:10:02 PM |
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Yes it is risky to turn your money to bitcoin as all . And also same to put all your money in the bank nobody knows when will those collapse. In my opinion turn 75% of your total to bitcoin, All things have risk too.
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01asd
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February 07, 2018, 11:40:07 PM |
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Yes, that would be an obviously insane and foolish thing to do. Even if the volatility was greatly reduced, it would still be a foolish decision - there is far too much regulatory uncertainty to commit to that as a strategy, and anyone who says otherwise its being intentionally ignorant. That said, its not bad to hold a substantial sum, but to hold everything in any single investment would be crazy. Only a greedy individual would turn of his money into something as volatile as Bitcoin. It is highly risky.
First of all, you need to eat. Secondly, you have to have some savings for your sudden need. Investment is not a job, so you should have a job before investing. Because there are also fools who quit their jobs to invest. And he had a child and wife who must be fed, how stupid. Investment may not be able to give us a profit, may give us a loss. Even investment in gold, land, and homes can be fatal in the event of an economic crisis. Especially if we hang our money on the crypto that we know is always uncertain and the price is always up and down drastically. You must be sure and never sell if you can not profit. |
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Bacotan Bae
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February 07, 2018, 11:49:40 PM |
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Yes it is risky to turn your money to bitcoin as all . And also same to put all your money in the bank nobody knows when will those collapse. In my opinion turn 75% of your total to bitcoin, All things have risk too.
All kinds of investments are never certain and always guarantee profit, let alone bitcoin investment is full of turmoil, it is too risky to put all money into bitcoin because if the price goes down will certainly make us depressed. |
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karloscimot
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February 08, 2018, 12:06:15 AM |
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if I do not risk at risk if we make our money bitcon.
but with a note we must have savings money to meet the needs of everyday economy. do not let us sell our coin in an urgent economic situation while our coin price again down .
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Allura74
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February 08, 2018, 12:35:38 AM |
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Yes it is risky to turn your money to bitcoin as all . And also same to put all your money in the bank nobody knows when will those collapse. In my opinion turn 75% of your total to bitcoin, All things have risk too.
All kinds of investments are never certain and always guarantee profit, let alone bitcoin investment is full of turmoil, it is too risky to put all money into bitcoin because if the price goes down will certainly make us depressed. Yes, investment is risky too so it is not good to turn all our money to bitcoin without properly planning. But its a kind like that bitcoin is an opportunity too, so no doubt that we will gamble the risk over that opportunity what matters most is that we should not put all our asset into one basket. |
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Semar Mesem
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February 08, 2018, 01:32:54 AM |
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Is a very risky thing to put all the money in one place let alone bitcoin, although bitcoin investment is very profitable but this should not make us fall asleep because the price whenever it can go down, as I experienced is getting the loss because I bought bitcoin when the price of $ 12k and now the price is only $ 8k.
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SW33T
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February 08, 2018, 02:02:39 AM |
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Yes, not a doubt. It's like depending your life on Bitcoin, I mean, not that money is the only essential factor of our lives but it feels like it. I don't know personally anyone who risks all his/her savings from the bank to Bitcoin. I mean, that's just crazy. Matter fact, I don't think people will do it unless you'll be the first one. With all the coins that are fluctuating down right now, that's insanity. I hope you'll think this through and not make decisions fast.
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Finley.398
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February 08, 2018, 02:15:43 AM |
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Yes it is a bit risky to turn all your money to bitcoins. Bitcoin nowadays is stable and having high price, but we can't predict a guaranteed future for this crypto currency, or for its price. Bitcoin is heavily influenced by market sentiments, many inexperienced people, not well educated, and still have weak hands. So if you plan to put all of your money in Bitcoin you are just risking by riding a car going downhill without brakes.
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Adam.678
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February 08, 2018, 02:17:29 AM |
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I think it all depends on the project. If you do not believe in the product, during the bounty period, dialed tokens, then you need to sell at the same second. But if you dont know how crypto currencies work you should first take time time learn before investing in something you don't know.
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Dylan365
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February 08, 2018, 02:19:23 AM |
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It is very risky because of bitcoin market is very volatile. But bitcoin, not all purchases we can pay with bitcoin or bitcoin have not been received for everything. So replacing all our money with bitcoin is a huge risk. If you want to at least wait until Bitcoin really accepted everywhere.
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Zachary1973
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February 08, 2018, 02:22:10 AM |
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It is prevalent how the value of Bitcoin can be unpredictable and is constantly fluctuating. Given that scenario, you should be ready with all the possible consequences that is bound to happen due to your actions.We all know that that's an unwise decision because if something went wrong then you just bid goodbye to your money that used to be safe in your bank's vault. Investments in any form are risky but if you want to invest do it in a calculated risk. Better spread you money in different stuffs you are investing. In case on the crypto world, put your investment on Bitcoin, Waves, Ethereum and other sub altcoins like newly ICO ended altcoins that has a solid investment reached.
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Riley678
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February 08, 2018, 02:23:48 AM |
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I think it's still at risk when putting all the money in the bitcoin, even though we know bitcoin very profitable. You shouldn't send every penny to bitcoin but always invest in what you can afford to lose. Besides, Bitcoin compared to all other cyrptocurrencies is the safest bet but not safeproof.
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Teddy1968
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February 08, 2018, 02:25:33 AM |
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well i dont agree on you suicide is differrent from turning your money into bitcoin.maybe that was your openion but it is not really real.it can be risky but it cant kill you even if you loose a big amount on it.and it is the way to learn more .I believe that Bitcoin's price will keep on increasing even though I am not an expert with the financial market because on what I have seen in the market since I discover it.
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Theodore19
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February 08, 2018, 02:26:45 AM |
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It is not a good idea of putting all your money into a single investment because a single mistake is gonna make your money falls into nothing.if you have big money in your account then you can turn half or quarter your money to bitcoin but you must know what is the risk. the bitcoin price is always change and if you buy bitcoin in high risk then you can loss the amount of your money although there is any chance for you to recover your money in other time.
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David454545
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February 08, 2018, 02:27:47 AM |
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e now lives in a tent camp with hope for the growth of bitcoin, waiting for when he will reach the moon. I respect such risk and hope he will get his target within 5 years, but I'm not so brave, so I will just save my bitcoin earnings weekly.Just try to explore bounty campaigns thread and maybe your'e going to find something there that will make you earn more coins instead of investing using your own money.
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desanti
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February 08, 2018, 02:28:00 AM |
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yes, it is very risky if you turn all your money into bitcoin but if you know what you input you will understand all the risks you will take. because if your money is just kept in the bank and only get very low interest I think more it's good to take the risk in bitcoin by buying bitcoin and wait for it to grow, because the benefits on bitcoin can grow in the lower time as you expect. more risky also the many advantages we get because everything there will be a risk we must take.
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Nobel Jane
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February 08, 2018, 02:44:45 AM |
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When investing on bitcoin you must be knowledgeable in terms of spending your money to it. Risk is very normal as we encounter that even without bitcoin. Make sure that you spend our money wisely here in bitcoin its just like a gambling o shall we say investing on a business. Investing on it is risky since we dont have control to what the growth will happen in bitcoin industry, but if you want to earn bi someday well I say Invest invest invest weither loss or not it very normal. TAKE A RISK!!
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PsylockReborn
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February 08, 2018, 02:47:49 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!
Btc value is very volatile. Converting everything you have can make you go rich or go poor. As long as you can afford to lose it all you can convert all your money to BTC. Happy hodling and have a great day!  |
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