is it risky to turn all my money to bitcoins?

[sana gull]

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 am agree with you this is risky because the price of bitcoin is not stable and can goes down or sometime goes up that why we need to be sure in this situation before spending that money and this is really serious issue because here only luck will help you otherwise it is really risky.

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[Drnice]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

If all the money is in the bank and receive a little profit or maybe nothing at all, you can take a risk by investing it into bitcoin, but you should know well about the risks that is involved with bitcoin. When you take this risk, just watch your investment grow.

[Swenna]

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 

I agree. And of course, after investing a capital in bitcoin, there are other ways on how to earn some profit from it besides waiting for the price to surge up and exchange it.

Always remember that there's always a risk when it comes to money investment. It's either you earn some profit or you loss your capital.

[oegarod]

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 

I agree. And of course, after investing a capital in bitcoin, there are other ways on how to earn some profit from it besides waiting for the price to surge up and exchange it.

Always remember that there's always a risk when it comes to money investment. It's either you earn some profit or you loss your capital.

Yes, risk always gets associated with each and every form of money making or money related activities. Importantly with bitcoin what's happening is much risker than the common form of money related activities. Even at this situation, there are people who have turned everything they have into bitcoin and had benefited out of the same.

[wagi]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yap its very risky. Like you put all the ball in 1 bucket, if that bucket leaking so you will lose all the ball.
In my opinion, better you put your money in separate coin. Risky can be prevent.

[Boov]

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 , everything is risky if it is about money. What if you invest 5000usd to your bitcoin wallet then hacking happens all your money will be wasted into nothing so i think its not a good idea to turn all your money into a bitcoin . Its better to have multiple bitcoin wallet that turn all your money into 1 bitcoin. But Bitcoin is very secure if you are only going to take some precautions and protection about it.

[Reid]

Why would you do that?
You might be making a lot of profit when the price skyrockets but you will also be risking everything when suddenly the price went down.
Leave something for yourself. Tou dont want to be crying after something bad happen. At least have some back up if anything goes wrong.

[worldofcoins]

Actually if you can read the chart, I do not consider a bitcoin a risk anymore.  I say it will have it days where it will go down, but then it will rise about it far more then we antacipated, if you think you are late to the game you are not.  I say get your hands on 2 bitcoina and hold.

[ynatopak14]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

ofcorse ! dont put all in bitcoin brother ! you need to have on your own pocket for everyday living ! you need to invest in bitcoin what is your extra and make it an ivestment to run long !

[Sadlife]

Never invest what can't afford to lose atleast save something for yourself to buy food, pay the bills, buy clothes and other stuff for your daily necessities. But if you have a regular job to cover up those expenses then you might invest that money instead putting it in a bank. If you research bitcoin you'll know that it has already graduated from volatility instead it has become an safe haven to store your assets if the price rise up and even double or triple your money.

[Alok Yadav]

There is always risk in investing whole of your money. Btc price may go down then what would you do...
Always keep some amount in your hand so if prices will go down you won't be backholder.

[bigmaster23]

Not at all but beware not all the people are trusted in this kind of field there are scammers hackers flying all over this site so not give someone a typical answer for a typical question. Last and for all you should think twice before you start investing and give each answer a contradict for sulotion much be more accurate at the moment.

[bitcoinsocial09]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

There is risk in exchanging all your money to bitcoin, but there is no possibility to lose all of them. There are 2 possibility where bitcoins price will go either up or down, where in each case your money will be more or less. But keeping bitcoins in this present moment is not that risky since in the past few months, bitcoins price have increased by i think 30 % now.

[viramarket]

As they say in Russian proverb: who does not risk,does not drink champagne.You can always diversify risks.For example:buy power for mining,buy bitcoin,buy Ethereum,to invest in ICo.

[Vritesh]

Somehow it is risky to turn all your money into bitcoins because bitcoin price keeps on fluctuating  . Sometime it is too high and sometimes it is too low . There might be a possibility that u may need money urgently when the price is low .Then you will have no other alterante other than selling your bitcoin at low rate and  facing a huge loss.So you should only invest some amount of money in bitcoin not all.

[domari]

I think it's risky, because bitcoin prices are unstable. but if bitcoin increases. you can benefit.

[Vaflia]

Of course it is very risky! You cannot put all your money in one asset! If you want to invest in bitcoin, invest no more than 20% of the funds.

[MS.LAWLIET]

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes it's risky, the value of bitcoin is not consistent so it's better if you just save it on a bank but if you're not afraid to take a risk then go change it to bitcoin try to invest or go mining or traiding or something that may give you profit.

[Scytic]

Does anyone have any idear what will happen after the hardfork? Price up or down? Wenn to put money into bitcoin?

[imamimam1234]

it is risky, if you all money to bitcoin , much better if only keep what u need, because who knows the price will go down or raise, depend on something.