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negancoin
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October 17, 2017, 04:04:58 PM |
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Definitely risky, but you have a chance to grow ur money up by 200% or more. If you keep it in a bank, you will only gain a very low interest.
If I were you I would rather invest half of my money.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Tyrantt
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October 17, 2017, 04:18:57 PM |
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Yes its risky even if the bitcoin has a lot of potential. Invest only what you can afford to loose, because if you invest all of your money you will get to emotional when the price drops.
Nope., I don't think so, if you really an open minded then their is no worry or doubts to invest all your money in bitcoin. Because even bitcoin suddenly drop but when it will go high it's much more increase irs value that's we called bitcoin is volatile. Well yes but the problem is that if he puts all of his money in bitcoin he's risking to pull that money out in case he needs it and at that time, bitcoin price may be significantly lower, it's better so save something on the side just on case because you can never know what can happen tomorrow. |
Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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mastadonballs
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October 17, 2017, 04:30:28 PM |
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Yes its risky even if the bitcoin has a lot of potential. Invest only what you can afford to loose, because if you invest all of your money you will get to emotional when the price drops.
Nope., I don't think so, if you really an open minded then their is no worry or doubts to invest all your money in bitcoin. Because even bitcoin suddenly drop but when it will go high it's much more increase irs value that's we called bitcoin is volatile. You should not the price of Bitcoin usually raises up make you forget the worst situation for its price in someday. It can ups so it also can downs and the time to ups or downs of Bitcoin is unknown, depends on the scenario of mover in the market. |
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bitcampaign
Sr. Member
 Online
Activity: 1764
Merit: 268
Vave.com - Crypto Casino
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October 17, 2017, 05:07:12 PM |
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if you want to change all your money on bitcoin, you think first before exchanging all your money on bitcoin because if you redeem all your money on bitcoin you will get big loss with your money and personally i just little money for me to exchange with bitcoin to take advantage of bitcoin and I do not dare to exchange all my money with bitcoin because I'm so scared I'll lose what I do not want with the losses I get if I swap all my money on bitcoin
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Evilmorty69
Newbie
 Offline
Activity: 42
Merit: 0
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October 18, 2017, 10:41:28 AM |
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Yes of course it’s risky. Because we don’t know what can happen tomorrow. The best option will be to invest part of your capital  |
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Stavrido
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October 18, 2017, 10:43:49 AM |
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I suppose you need to store a piece in bitcoin, part of the bank on the deposit, part of the house under the mattress for small needs. This is if there is something to store of course  |
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dreamer81
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October 18, 2017, 10:45:14 AM |
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yes of course. but it's also risky to just let all your money stay in fiat. Bitcoin is more volatile, but the smart person can see that in time bitcoin will be your best bet.
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BitHerring
Member
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Activity: 182
Merit: 11
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October 18, 2017, 10:46:15 AM |
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If there is a lot of money, then maybe it's worth to buy something more material, a house, a car, a woman  . And do not invest everything, because we live now, and not tomorrow  |
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Xester
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October 18, 2017, 10:49:38 AM |
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I suppose you need to store a piece in bitcoin, part of the bank on the deposit, part of the house under the mattress for small needs. This is if there is something to store of course Lol. Just means that it is not wise and thus, risky to turn all your money to bitcoins. Have some atleast left in your wallet for other expenses. Besides when we are investing, we should not put all our eggs in one basket. Although it is clear that bitcoin is a sure thing in terms of investment but we do not know if it will goes up or down. Though, it is as always goes up so maybe investing a good amount of money to bitcoin is worthwhile. |
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Nathland
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October 18, 2017, 10:59:42 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. I do think it’s risky to go all in with your money in bitcoin and I don’t think that its a good option because; firstly bitcoin is not accepted everywhere; so you won’t be able to use that money. Secondly, bitcoin is not a stable form of currency because it’s prices keep on fluctuating because of which there is a great chance of loss. Thirdly bitcoin is not regulated by any bank or government; which further leads to decrease in stability of bitcoin. |
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drlukacs
Sr. Member
Offline
Activity: 854
Merit: 253
l0tt0.com
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October 18, 2017, 11:11:06 AM |
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I suppose you need to store a piece in bitcoin, part of the bank on the deposit, part of the house under the mattress for small needs. This is if there is something to store of course Lol. Just means that it is not wise and thus, risky to turn all your money to bitcoins. Have some atleast left in your wallet for other expenses. Besides when we are investing, we should not put all our eggs in one basket. Although it is clear that bitcoin is a sure thing in terms of investment but we do not know if it will goes up or down. Though, it is as always goes up so maybe investing a good amount of money to bitcoin is worthwhile. Remember, Bitcoin or Ethereum or other altcoins are the cryptocurrency and the price of cryptocurrency all depend on the whale - the movers on the market. Therefore, Bitcoin also has risk, it does not mean Bitcoin always is best choice for any cycle, scenario, ... |
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Chanock
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October 18, 2017, 11:13:20 AM |
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Of course yes! It is to risky to turn all your money to bitcoin because you don't know what happen to you money once you convert it bitcoin. Bitcoin is unpredictable and the price of it is always changing. There are time bitcoin is decreasing it's value fast but sometime increase. It's good to you if the value of bitcoin rise. In my opinion to you, don't waste your money instead invest it for good not all in bitcoin.
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Bastime
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October 18, 2017, 11:15:57 AM |
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It's like a gambling wether you win or loose.
Invest your portion of money in Bitcoin but not all, somehow if Bitcoin will continue to rise or dive at least you still have money reserved. You can do investments at the same time, business you love and Bitcoin.
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lynn0729
Newbie
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Activity: 56
Merit: 0
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October 18, 2017, 11:22:14 AM |
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Of course yes.now the government has a confusing attitude towards the bitcoin.yeah bitcoin technology is advancing and attractive ,but is also has great risk.if one day,bitcoin was forbidden,in that case you will lose all your money.how will you live your life?so it is really a stupid way.
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jkoin
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October 18, 2017, 11:29:34 AM |
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I do not think that you will greatly diminish if you make a contribution to the bitcoins for at least a year. It will grow during this period 100%. After all, he has grown so in six months. In this case, you need only a little bit of courage, determination and knowledge. Do not miss the moment. After all, it can not happen again.
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poplolnman
Legendary
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October 18, 2017, 02:18:17 PM |
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All the things need to risk, success also need a risk and I think it's very risk to turn all money in bitcoin. Because bitcoin price unstable and unpredictable, better you put half into bitcoin and half again into business in not cryptocurrency investment.
I agree with your thinking, do not put all the eggs in a basket, divide them for investment. The hold of bitcoin takes a long time and during that time t can look to the crypto market. there's no harm for anyone to go allin on bitcoin investment as long as you can afford to do it. take that risk and you might would get a better and bigger return. everything always worth with the risk. you just need to think about it carefully. if you looking for a safe move then yeah you should split it into several places , but when you ready to get a worst scheme , and not just about collecting instant money, go allin are your choice. All the wealth has to be trad with risk, but when it reaches high value and buy hold it is too dangerous. Although it may still increase further but some investors will be anxious to sell losses. crypto investment always full of risk , i personally always think that the whole money i invested are gone already. so there's no way for you to cut the loss . you are not gambling here by the way , still you need to make a careful analysis . just to make sure you won't sell it anytime in any condition . that's the meaning of taking risk allin investment for me. |
I'm in 400,000 euros debt , dont help me , i rather die
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kamilah147
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October 18, 2017, 02:31:44 PM |
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All the things need to risk, success also need a risk and I think it's very risk to turn all money in bitcoin. Because bitcoin price unstable and unpredictable, better you put half into bitcoin and half again into business in not cryptocurrency investment.
I agree with your thinking, do not put all the eggs in a basket, divide them for investment. The hold of bitcoin takes a long time and during that time t can look to the crypto market. there's no harm for anyone to go allin on bitcoin investment as long as you can afford to do it. take that risk and you might would get a better and bigger return. everything always worth with the risk. you just need to think about it carefully. if you looking for a safe move then yeah you should split it into several places , but when you ready to get a worst scheme , and not just about collecting instant money, go allin are your choice. All the wealth has to be trad with risk, but when it reaches high value and buy hold it is too dangerous. Although it may still increase further but some investors will be anxious to sell losses. crypto investment always full of risk , i personally always think that the whole money i invested are gone already. so there's no way for you to cut the loss . you are not gambling here by the way , still you need to make a careful analysis . just to make sure you won't sell it anytime in any condition . that's the meaning of taking risk allin investment for me. I think it's better to change the money into bitcoin tu half first, because in turning money into bitcoin it is true the risk is quite high. indeed also if you want to succeed it needs to take risks as well, but we also have to anticipate in advance in the act. |
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Harlot
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October 18, 2017, 02:39:22 PM |
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You always have an option to diversify your capital in to various investments and decide not to sit your money out in a bank. Because putting up all your money with Bitcoin is rather a dangerous move that no wise man will ever do and the risk of your losing the value of your money gets higher and higher as the prices goes up and not to buying Bitcoin without any knowledge of trading. Even if your consider yourself a risk taker I wouldn't recommend doing it as if Bitcoin falls you won't have anything left but a massive capital loss.
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nomad1109
Full Member
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Merit: 100
Medichain: The Medical Big-Data Platform
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October 18, 2017, 03:14:17 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!
Well, that depends on how you define risk. The normal definition is the probability of an unwanted outcome. In this case that would be you losing your money. However, if you don't care about the money what so ever, and wouldn't have noticed if they were gone, I guess there are no unwanted outcomes. It's either "don't care" or "more money to not care about". So then there would be no risk involved. However, by traditional measurement (standard deviation, for example) there is a lot of risk involved. The volatility of Bitcoin is huge. |
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coin royal
Jr. Member
Offline
Activity: 52
Merit: 10
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October 21, 2017, 04:41:45 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!
Well, that depends on how you define risk. The normal definition is the probability of an unwanted outcome. In this case that would be you losing your money. However, if you don't care about the money what so ever, and wouldn't have noticed if they were gone, I guess there are no unwanted outcomes. It's either "don't care" or "more money to not care about". So then there would be no risk involved. However, by traditional measurement (standard deviation, for example) there is a lot of risk involved. The volatility of Bitcoin is huge. Yes you are right this is really risky because here when you invest all your money then twp directions will be form I mean one direction will be that your money will make a lot of profit and the other that money will goes down and a big lost will be occur so be sure about that investment and take a look of price of bitcoin before investing money. |
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