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Anwar22
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October 23, 2017, 03:54:21 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!
Yes it is risk. Because if you keep all your money in bitcoin you may be forever all lose it. Because you can hack your bitcoin besides all time bitcoin price oscillate. So i think it's risk. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Momoamzad
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October 23, 2017, 03:58:02 PM |
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For me it will be risky . q because you don't predict bitcoin future . it can be on top n it can also be in down. So if want to invest u can invest half of money in bitcoin.
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cointan
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October 23, 2017, 04:01:36 PM |
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It is really risky to turn all your money to bitcoins because this is number one investing rule that I learned; you cannot put all your eggs into same basket. we should always manage our risks.
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dharnamonitor
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October 23, 2017, 04:09:11 PM |
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Obviously it is risky to invest or convert all your money into bitcoins because it is volatile. Anything might happen in the future or maybe at any moment that will affect the price of bitcoins, if this will happen in the days or years and you did invested all of your money then you'll lose a huge fraction of your money. But if you have a faith on this coins then go for it
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tmawheba
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October 23, 2017, 04:13:57 PM |
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Not only in Bitcoin any investment you should not turn your whole money in one stretch, I personally advise that many people do part by part investment to understand its current position so that we can confidently invest and monitor the performance of our investment. Which is safe to get more profit from our investment, bitcoin is only thing which you can trust and invest in it.
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bitcoinmagneto
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October 23, 2017, 04:15:17 PM |
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Well of course it's very risky,everyone knows that how much fluctuation there is in the price of bitcoin. So one should never think about investing all of the money instead one should turn that much amount that can be afforded to loose. One should not be greedy and despite of the quick earning one should invest little in it and rest of the money in more reliable places like banks.
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samuraijin
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October 23, 2017, 04:23:20 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 it's very risky if you turn all the money into bitcoin so you will lose the money you input, because bitcoin may drop with bitcoin prices so you can lose money, bitcoin is very beneficial if the price is high but not too long. Because sometimes bitcoin tides nobody knows the price is sometimes unstable then you have to think with heart and whether you want to take a risk or not and I think you can put your money on bitcoin but not all of your money input into bitcoin, If you Want a bit but it's profitable because investing your money on bitcoin in the long run you can benefit at the right time and not have to worry about your money because you just put a little bit of your money on bitcoin. little but profitable and not afraid |
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sparveenat
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October 23, 2017, 04:26:19 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 is not about risk to turn all your money to Bitcoin what we suggest is keep part amount to support the invested amount when ever need of that small amount. |
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DaddyMonsi
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October 23, 2017, 04:32:39 PM |
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Its not only risky its very risky! Its like putting all your eggs in 1 basket. If SHTF at least you still have other investments that you can turn to. If you placed your money in Bitcoins and worst thing happened your wallet was hacked, goodbye hard earned money, just like that guy who sold everything they have including his kids toys for Bitcoin. Not a smart move if you ask me. Set aside a portion of your wealth to Bitcoin.
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DrYe5
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October 23, 2017, 04:46:09 PM |
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Its not only risky its very risky! Its like putting all your eggs in 1 basket. If SHTF at least you still have other investments that you can turn to. If you placed your money in Bitcoins and worst thing happened your wallet was hacked, goodbye hard earned money, just like that guy who sold everything they have including his kids toys for Bitcoin. Not a smart move if you ask me. Set aside a portion of your wealth to Bitcoin.
You always have to take risks. In the current situation when the course is constantly increasing and is stable theoretically nothing you should immediately lose, but there is always a certain percentage of chances that the situation will change completely and you will lose everything. |
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fateh1313
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October 23, 2017, 04:49:52 PM |
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Yes of-course it is risky to invest all, but if you are capable to take risk and can afford losses than you should go for bitcoin investment it can make you good profit in short time and one thing more it depend on your government police also if they accept bitcoin then its good other wise its having high risk of losses in bitcoin with high profitability chances . but then also i my self never go full amount investment in bitcoin
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cybersofts
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October 23, 2017, 04:50:42 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!
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. That's very risky. Let me elaborate, BTC market is still very volatile, therefore can suffer a lot of ups and downs. And suppose you need that money, but suddenly the BTC price got down, and you no longer have that same value, you will be at loss there. I thing you should invest some of that money sitting in the bank, and leave another in the bank. This way you will have money in case of need, and you can let your BTC converted money increase in value throughout months! The fear of taking a risk is very risky. If you are always afraid of taking a risk then you will never make anything good for yourself. If you are afraid of losing all your money on bitcoin investment then why not do 50-50 of your total asset? For me, I always go with all of my assets. I'm still young, so what if I lose all of my money? I can still start over in no any time and make something for myself. I just have to be right one time and retired for life. |
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jhony525525
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October 23, 2017, 04:51:47 PM |
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Yes it is risky to invest in bitcoin because it is volatile currency and in each second it’s value is changing rapidly. For the time being it can be said that to take high risk there will be high return and if you want to be successful in the future then you must invest in bitcoin and get the benefit from it for now
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Pamadar
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October 23, 2017, 05:03:32 PM |
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Yes of-course it is risky to invest all, but if you are capable to take risk and can afford losses than you should go for bitcoin investment it can make you good profit in short time and one thing more it depend on your government police also if they accept bitcoin then its good other wise its having high risk of losses in bitcoin with high profitability chances . but then also i my self never go full amount investment in bitcoin
its up to you but before doing that better to learned more and able to set your target as bitcoin always got a big fluctuation each day so if you understand everything you can always make an stop and loss then proceed again after you meet your target by continuously repeating this you will be able to gain much better. |
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Dmitry.Vastov
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October 23, 2017, 05:05:41 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!
Yes. I do believe that its a risky option to put all your money into bitcoin as, it is not a stable form of currency so it’s prices keep on changing very often. It is not regulated by any government or bank so because of which also it’s value keeps on fluctuating and does not attain stability and also can result in collapsing. Also it is not that popular so because of which there limited users around the world. Then bitcoin is not trusted by many people so there are very few people who use it. Then many places don’t accept bitcoin. These are the main reasons because of which one should not put all in bitcoin. |
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TheBTCAlex
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October 23, 2017, 05:23:18 PM |
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Even with something that people might consider a super safe haven like gold (Aurum, not the bitcoin fork!), it's always unwise to put all your eggs in one basket. The prime rule of investment is never risk everything. Probably the only thing you could risk the majority of your savings... is in savings. A fixed deposit with a trustworthy bank. That is just to protect your lifetime savings. And don't fall for what people say about Bitcoin. I believe in it, but it's foolish to risk everything with Bitcoin!
Definitely agreed. Bitcoin is too volatile at this stage to invest all of your life savings into, even if you really do wanna invest into BTC, you should invest only a small part, and just buy bitcoins and hold, investing in any "supposedly-HYIP" program will lead to you losing that money, and gambling also should not be practiced. You should never, ever, risk 100%, and especially if you do that, that too in the case of bitcoins, if the value of bitcoin falls rapidly one day, you will be practically bankrupt! |
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pimvinken
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October 24, 2017, 08:09:12 AM |
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It is very risky to use all of your money to invest in bitcoin, we will never know the day bitcoin drop dramaticaly making us lost all the profit, so a better way is to divide them in half and invest them in bitcoin and etherium.
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kramchers
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October 24, 2017, 08:12:22 AM |
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every single thing is a risk! yes it is so risky to put all of your money to bitcoin, but why you gonna do that ? you should invest what is you dont need or extra ! be wise..
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Pumapipa
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October 24, 2017, 08:20:00 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!
In a bank, the money earns intest but with little percentile only. I think it will be wise to invest it or turn them into bitcoins instead. Bitcoin prices tends to stay at the top. Though there are times when it will just go down or all the way down but this is just for a couple of days. It does not stay there. After that time, it will spike at all time high ever increasing your investments too. Be wise and invest bro. |
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atikurrahman
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October 24, 2017, 08:31:25 AM |
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yes,this is very risky. It can take your life back.
But there is another thing to think about. That is, if you do not take the risk, you can not do anything in life. One day the risk of taking your life does not know where.
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