is it risky to turn all my money to bitcoins?

[DoublerHunter]

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.

That is right, you need to study more and make your coverage wider than before so you can easily understand the events or happenings in bitcoin and you can create an effective strategy that you can use to earn more money in the future. Bitcoin is very volatile and studying or learning how to deal with it will become a great help for an effective earning.

[Palider]

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

Yes it is very risky turn all your money to bitcoin because it is like an investing sites that the price is decrease and increase rapidly. You cannot say you will always win but sometimes you will also lose.

[alisonwonder]

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

Yes it is very risky turn all your money to bitcoin because it is like an investing sites that the price is decrease and increase rapidly. You cannot say you will always win but sometimes you will also lose.

bitcoin is a type of investment that has a very high risk, so when we put all the money on bitcoin it's huge risks. but on the other hand the advantage that we get very big indeed, too.
but I think we have to look at it from the side of a loss, so I'm not suggesting to put all the money in bitcoin.

[Rooster101]

The bitcoin itself is risky because of its high volatility and converting all your money into bitcoins  will be the riskiest investment you will ever make unless you are expert in managing a high-risk investments. You should learn first on how to manage bitcoin and its behavior to avoid or at least minimize losses in the future. Putting all your eggs in one basket is not really recommended for this kind of investment so invest only the money you can afford to lose.

[eduinvestor]

It's very risky. While it's likely that you will get a lot of money, you could also lose everythin

[bottledfireworks]

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

It is risky if you invest all your money without extra for emergency and daily necessities but it could pose a higher profit the greater your investment is.

[Mellifluous]

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

There will always be a risk in bitcoin we don't actually know when will the price drops down,
So are you willing to take the risk ,if you are then go turn all of your money into bitcoin.

[Aeotx]

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

You said your money is do nothing in bank, so why don't you try to invest it in bitcoin, im sure your money will not sleep. It will grow because bitcoin is one of the good choice in investment.

[yasukata]

I think that converting money into bitcoin can be speculative. I think the demand for bitcoin is high and I think that it will grow more and more in the future.

[MostHigh]

Not risky at all if you are careful enough to not hand out your password to any fraudster out there then you are very good to hold on to it

[BTCANAN]

Yes, it is definitely too risky.

As we have heard it too many times; invest only what you are ready to lose.
There is too many factors that could affect your life if you invest your entire money. ( Volatility, hack, loss of key, withdrawal issues, trading platform issues, ban account etc...)

[enterprevic]

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

Hmm, that's a no no do not attempt to invest all your money in bitcoin, in fact do not even ever attempt to invest all your money into one specific kind of investment, it is always good to diversify your investment portfolio because anything can go wrong with one investment and the other investments would make up for the lost capital in the crashed investment.

[beezunus]

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

yes it is very risky to put all the money into bitcoin because in bitcoin full of risk, you better put some so if you are less fortunate then it will not lose all your money because you are still have some in the bank.

[admissions]

Never put all your eggs into one basket. In anything including Bitcoin. Bitcoin may well double in price or even surpass that in the next few years but you should not put all your savings into bitcoin just in case it goes the other way.

[Kotone]

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

Yes. Even the most seasoned and experienced holders of bitcoin will preach restraint on investing all your money on bitcoin and even on other investments as well. OT is also important to note that you should know that bitcoin has a volatile stock and it is not good to put all your eggs in one badket

[benjamin11]

Yes its very risky. Although bitcoin increases its value over time, its still unstable. Its value might double after some time but it may also goes the other way around. Its good to invest in bitcoin but not all your money. You should have other options.

[Carreuh]

Very risky, that's investing in bitcoin. High volatility such as two sides of blade that can provide significant advantages and vice versa. However, i am optimistic to invest entirely on bitcoin as profitable longterm investment.

[Ayaancool]

Yes it is risky to invest all your money in bitcoin.Bitcoin act like a coin if profit is one side then the other side  lose.It's all up to our luck and demand of bitcoin in crypto market. If it's getting low and we got loss on our investment,then we need some money to survive this crisis .So investing all your savings in  bitcoin is a stupid idea.

[greenclub09]

to my opinion, it is dangerous when you  turn all your money into bitcoin because you can lost much of money whenever bitcoin price drop drastically, so my advice is you can seperate your money into many kind of altcoins like Eth, Waves,..

[CryptonomyCapital]

You won't loose all your money if it sits in bank, and bitcoin could fall.