chaukhchi
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February 11, 2018, 05:16:04 PM |
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yes it must be a risk because bitcoin itself has a high enough risk and if you put all your money and converted into bitcoin is very risky, because we do not know how bitcoin state in the coming years, if your money is placed in the bank of course. safe because the institutions guaranteed and guaranteed by the interim government if kept in bitcoin there is nothing that can be maintained if there is a risk to be borne alone.
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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proearner12
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February 11, 2018, 05:18:35 PM |
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Yeah investing all money into bitcoin is very high risk, because bitcoin manipulations happens due to media, government and whales who hold huge btcs can cause too much volatility in bitcoin price.
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Dulanjaya
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February 11, 2018, 06:24:25 PM |
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Yes it is, you may have heard about bitcoin is banned some countries, bitcoin’s value can be going down significantly in this situation. If you are a crypto enthusiast, you already know that bitcoin’s value is going down these days. So, there is a risky when we turn all money to bitcoin because of the bitcoin's value is changing every time.
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yoseph
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February 11, 2018, 06:42:38 PM |
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Yes it is, The market is volatile and we never know when will be the price to increase again. It needs a good timing in market price when to buy and sell to earn more profit and that is the beauty of trading, Good predictions and smart strategy.
Before investing into any type of investment, i suggest to just learn how to analyze the investment that you are going into because in that way you can easily find the best entry for the investment and you will have lesser amount of things to think if you know how to play with the market or to the investment of yours, so better study first before thinking about putting any of your money whether it is all in or not. There are other good investments apart from the cryptocurrency world so instead of investing all of your funds into cryptos, research well and find some other avenues where you can invest your money. |
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lotfiuser
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February 11, 2018, 06:44:18 PM |
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of corse even making your whole on banks is a little bit risky everything on internet can disapear cash is the best option or maybe buy something who has a real value like a home or a car
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Free palestine
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ashlyvash00
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February 11, 2018, 07:37:10 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!
Will for me investment is a risky. But i thunk putting all your money in a bitcoin is a good idea. Many investor and user do that here. Because they trust bitcoin more than other currency. And bitcoin return your money with huge price. You cannot imagine why thats happen |
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ice_man75
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ICEMAN - SMART CONTRACTS DEVELOPER
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February 14, 2018, 04:51:50 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 would be foolish to do so, as Bitcoin prices do certainly go up but they do fall with a vigorous speed as well which can be deadly if you have all your life savings at stake. |
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keycellko
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February 14, 2018, 05:13:34 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!
Of course it is. The market is very volatile you don't know where its going and if its on your side. Its just like closing both your eyes while driving, so you really dont know where you're going. Make sure to invest only the amount you are willing to lose. If you think the money in the bank deserves to be somewhere else then ho ahead but you must make sure you know what uou're doing. |
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adifariz
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February 14, 2018, 08:10:44 PM |
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tu risky but if you change your money to be a bit, I do not think it's risky just make sure you keep it safely and securely so you will not lose them. I have even withdrawn some of my money in the bank and invested in bitcoin and some altcoin.
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patimahsunda
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February 14, 2018, 08:16:07 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!
I think if for the long term have little risk. That's just my opinion, we do not know exactly what kind of bitcoin will be in the future. I only know of its potential and its current popularity. But you should not all your money invested in bitcoin. You have to do the right calculation to invest your money. |
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Rodon
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February 14, 2018, 08:23:22 PM |
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Yes it's very risky. And the fact that you ask means that you don't control the subject, so it would be better for you to be aware of those risks before making any decision. In my opinion, your money is better sleeping in a bank account (even if the interest rate is low) than fully invested in BTC where you can loose everything very fast.
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newguy05
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February 14, 2018, 08:23:50 PM |
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It depends your level of knowledge and character of risk taking. You take higher risk, it is better to keep reserve for future drop in prices and buy step by step.
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mr.bean865
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February 14, 2018, 08:26:19 PM |
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It depends your level of knowledge and character of risk taking. You take higher risk, it is better to keep reserve for future drop in prices and buy step by step.
Yes it is highly risky to turn all your money into bitcoin. Even if it gives you profit but regular dose of tension will come with your profits and you are more concerned in bitcoins prices then any other issue in your life but yes investing 40-50% of your sources in bitcoin for long term will be a god idea in this way you have side business too and chances of loss will be lower. |
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Boov
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February 14, 2018, 08:42:28 PM |
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It depends your level of knowledge and character of risk taking. You take higher risk, it is better to keep reserve for future drop in prices and buy step by step.
Yes it is highly risky to turn all your money into bitcoin. Even if it gives you profit but regular dose of tension will come with your profits and you are more concerned in bitcoins prices then any other issue in your life but yes investing 40-50% of your sources in bitcoin for long term will be a god idea in this way you have side business too and chances of loss will be lower. Yes ofcourse. If you tried to convert all your money into bitcoins and you invested them into a untrusted investment sites here in crypto world, I know that percentage of getting profit is 1% over 100%. Why? Because many investment sites that will scam you, most specially if you invested a lot of bitcoins in their website, I assure you that they will try to be interested with your bitcoins and they will get it without turning back. Hence, This is so RISKY! |
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lutfor
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February 14, 2018, 08:48:35 PM |
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Yes it's risky to turn all of your money into bitcoin. Firstly, we can't make any predictions about bitcoin price. Price may be up or down any time without any kind of warning. Secondly we can't give any kind of guarantee that there is only profits. But the truth is that you can also face some losses. So I don't think it's good idea to turn all of your money into bitcoin.
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Odwin
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February 14, 2018, 08:54:08 PM |
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if I had a time machine, I know what I did.
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marjil
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February 14, 2018, 11:33:44 PM |
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It is risky to turn all your money to bitcoins unless you can afford the risk.
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Jaya912
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February 15, 2018, 12:38:43 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!
Its highly risky. There is no set laws in any country related to it. Moreover its heck of volatile. So investing all your money in bitcoin is going to give you a lot of heart shocks each day. But yes invest 30-40% of your money for long term. I think 40% also bit high. I think we need around 10 or 20% only to invest in crypto since crypto is very volatile and risking more saving would be dangerous for you and your relative's daily life. Risk only the amount that you can afford to loss. |
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Lare linglung
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February 15, 2018, 01:16:27 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 of course, if changing all your money into bitcoin it will be at risk, you better keep some of your money remain in bank. because it makes anticipation if the bitcoin price decreases. we know the price of fluctuating bitcoin quickly can not know when up or down. |
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appleyard
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February 15, 2018, 01:21:03 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!
If you want your money to be safe then leaved it to bank, but if want your money to grow and earn more profit invest in bitcoin, but keep in mind that invest an amount what you can afford to loose. |
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