STATIK
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Activity: 162
Merit: 2
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February 09, 2018, 09:48:41 PM |
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whatever amount you had intention of investing in crypto split it in half and try things out for few months from there take your knowledge further, don't get bit crazed
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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divyasdm11
Newbie
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February 09, 2018, 10:10:15 PM |
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yes its risky
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magickmayo
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February 09, 2018, 11:30:34 PM |
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That's just like putting all your money in a gamble. bitcoin's price changes rapidly and you cannot predict when it rises and falls. and it's not just on bitcoin. Investing all your money on one stock is a very risky move. You should invest just a right amount (maybe a third or a fourth of your money), and see how it grows first. If the results are fine, you can then try to invest a bit more money, but you must never try to put all of them. Don't be too reckless to do that.
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Snixer
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February 09, 2018, 11:53:44 PM |
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It's not that risky if you research the technology behind it and the reason why it's here to stay. I have pretty much most of my net worth into Crypto.
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Thadeous
Copper Member
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February 09, 2018, 11:58:52 PM |
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If you ask such a question, you are probably new in crypto.
In such case you definitely shouldn't put all your saving into crypto.
Please remember: cryptocurrency is still high risk asset, so never borrow money to invest in crypto!
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Mr. Legendaris
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February 10, 2018, 12:07:05 AM |
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This is the same as putting eggs in one place, if the place breaks then all the eggs break, if we put all the money on bitcoin then we must be ready and accept the risk if someday the bitcoin price drop.
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Marco Ambrusini
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February 10, 2018, 12:15:53 AM |
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Bitcoin has so far this year beaten many traditional investment asset in terms of ROI it has to offer on invested amount in shorter period. This make Bitcoin to be a lucrative investment. But never ever, even if you blindly trust your investment asset, invest in one asset. Always diversify your investments that too not among cryptocurrencies only but in various other assets as well. This saves the chances of complete loss. Invest about 30% of your salary but in different assets in which the most trusted asset should have the larger part in investment.
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jayco25
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February 10, 2018, 12:22:17 AM |
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Yes risky to innvest your money to bitcoin, If you really notice bitcoin price is going up and down so we dont know when we will exit. Always remember the rules dont put ylur money one basket and invest you can afford to loss
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keanne_isaac
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www.daxico.com
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February 10, 2018, 12:35:28 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!
For me It depends on your entry point. If you bought it at 15K$ upward I think the risk is high considering its price today and the movement looks like very gradual. but if you bought it at 1K$ level I think its is ok to all in as long as you keep monitoring the price everyday. |
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lucas_lewit
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February 10, 2018, 12:50:17 AM |
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It is very risky, my advice we do not have to use 100% of the capital we have. Because if all money made bitcoin, we can not directly used because it can loss if the price is not in accordance with what we want.
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DoublerHunter
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February 10, 2018, 01:07:06 AM |
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It is very risky, my advice we do not have to use 100% of the capital we have. Because if all money made bitcoin, we can not directly used because it can loss if the price is not in accordance with what we want.
I agree to that, that is right that we should not put our 100% of our money into bitcoins because if we will be able to invest in bitcoin then put the safe amount of money in bitcoin, it means that you should just put the amount of money that you are feeling safe to let go because bitcoin is a very risky investment and it takes a lot of discipline and patience before you earn big. |
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skibikipapa69
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February 10, 2018, 01:31:32 AM |
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Yes it is definitely risky to turn all your money to bitcoin. As we know one of the main problem of bitcoin is it is not widely accepted yet, meaning you have little options on where to buy goods. And right now the price of bitcoin is unstable, it keeps moving up and down and I think right now is not a good time to invest.
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sandaru
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February 10, 2018, 02:05:25 AM |
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Bitcoin is an investment method. So as every investment is carrying a risk bitcoin is also carrying a risk. So you had better to invest the amount you can tolerate to loss only
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JoseJoseJose
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Varanida : Fair & Transparent Digital Ecosystem
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February 10, 2018, 02:33:03 AM |
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Just think that you will make an all out investment into a currency that is not stable at all. Just like you will go for an all out war without any plan and just sit there and watch how your army burn into ashes. I know bitcoin was trending and make a craziness to people but please dont make insane decisions.
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cobeksede
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February 10, 2018, 02:34:27 AM |
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Yes, because bitcoin is investasi
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Fairy_90
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February 10, 2018, 02:35:03 AM |
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This is likely to happen. Because I think there is no market that brings us much profit is a safe market. For bitcoin it gives us a huge profit and the risk of it is very high.
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yonjitsu
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February 10, 2018, 02:37:28 AM |
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Bitcoin is an investment method. So as every investment is carrying a risk bitcoin is also carrying a risk. So you had better to invest the amount you can tolerate to loss only
Bitcoin's volatility makes it very risky investment. There can be time when you invest on it and it went down deep the next morning. But that's only normal because if you only know the history of bitcoin, it always rises back when it falls down. Overall, bitcoin is dominant in price hike than the other way around. It will be a good investment if you give a little fraction of your money to other alternate coins. The more cryptocurencies you have in your portfolio, the better. |
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Matrond
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February 10, 2018, 02:54:07 AM |
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Yes it would be risky, as you would be hedging all of your funds on a single cryptocurrency. If you've done your research on Bitcoin and have determined for yourself that Bitcoin is the best place to put it, then go for it. However, there are hundreds of other investment options out there that you should consider. You may also want to consider diversifying your investments as well.
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Boysen
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February 10, 2018, 02:56:45 AM |
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We all know that nowadays bitcoin is truly profiting and is tempting to invest on, however, investing all your finances and resources to bitcoin is not a good idea in my opinion, bitcoin is a highly unstable product, You might lose all your investments in a day if given the chance, So save some for yourself and have a regular job in order for you to have your finances secured.
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Luca.Luca
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February 10, 2018, 03:00:31 AM |
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If you master and know how to turn your money into a lot more money.i think we need to take risk in order to see and do more new things to make our self better and make a lot of experience on it.even if we cant gain profit at least we learn on different things.because the best preparation of tommorrow is the correct used of today. Just keep this saying in mind, Invest only what you can afford to lose, regret later because you didn't even try.
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