jizenlianyong
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October 26, 2017, 08:52:58 PM |
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The basic rule is - do not jump more than you can lose. Yes, it will be painful and insulting, but this is a cruel world, and all ways to earn big money are accompanied by greater risk. And despite the fact that bitcoin is one of the safest options for investment, anything can happen, unfortunately. You can invest in altcoins, ETH for longevity, trade coins on the exchange - the crypto currency gives a wide enough scope for activity. And you can not invest at all. It's only your choice.
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beatleap
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October 26, 2017, 09:00:27 PM |
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Certainly and I would advise anyone who is thinking of doing this to take a long hard look at it and probably get out of investing before you make yourself bankrupt
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UCHCHILD
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October 26, 2017, 09:07:17 PM |
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It is really so risky mate no matter how much is that but certainly turning all your money in bitcoin will totally so risky. But it is really more profitable than sitting your money into bank because its profit is so hard to dig on it takes years to see. But this will be a reminder mate, never put your money which you cannot hold for lose.
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Ranly123
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October 26, 2017, 09:11:38 PM |
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Yes, it is too risky to turn all your money to bitcoin because of the volatily of the cryptocurrency. It is advisable to invest only the ammount you can afford to lose since bitcoin is unpredictable.
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zarintasnim
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October 26, 2017, 09:18:38 PM |
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Bitcoin is digital cryptocurrency it not fiat order like real currency.So its risky to turn all money in bitcoin and also it price is not stable.
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angaper
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October 26, 2017, 09:31:08 PM |
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Of course it is very risky and reckless, since any investment decision needs thorough analysis and a well-planned strategy. Changing all your money for bitcoins seems to be more like an emotional decision than a proper business plan. However I do think it convenient to acquire bitcoins without having to invest all your resources.
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cryptolerant
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October 26, 2017, 10:04:14 PM |
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in the first lesson for investing they teach you to not to invest all your money in one investment tool. you should always divide it to manage risks.
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Pepito Manaloto
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October 26, 2017, 10:07:36 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!
Even if the market value of Bitcoin is continuously increasing, I believe that turning all your money into Bitcoin is risky simply because Bitcoin js still volatile. There's always a tendency that its value will drop or suddenly change. It is more advisable to convert only half of it so you won't regret if any anomallies happen such that what I've mentioned.
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yohan09
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October 26, 2017, 10:13:39 PM |
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For me yes because the value is unstable, and its not yet legalized by Govt, How was it, if you invest all your money in bitcoins and there is tendency that bitcoins will immediately banned in your country, Without expectation i guess the value will suddenly change rapidly decreasing, Then you may find great loss to your investment.
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assyla
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October 26, 2017, 10:42:40 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, bitcoin is a risky thing on Internet. And turning your all money to bitcoin is also a risky thing. Bitcoin is unstable and what if when you convert it the proce of bitcoin bumped down so it is not good for you.
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Targusluxe
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October 26, 2017, 10:48:04 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. Just like Dollars if you put it to forex. But its up to you on how you will handle your bitcoin you got to be smart in order for you to earn in bitcoin.
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a4techer
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October 26, 2017, 10:51:24 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!
No its not risky why because we right now bitcoin was going to banks of currency if you want to turn all your money to bitcoin that was nice because you can earn as you can not like in bank so that right now our country men continuesly knowing bitcoin and if we predict the future they proposed one world money so that dont be affraid to turn your money to bitcoin.
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chenczane
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October 26, 2017, 10:59:31 PM |
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Yes. There is a high risk possibly. When you invest, first, you think if it is the right thing to do. You have to make sure if you are making the right move. Investing is very risky. Usually in bitcoin. It is so volatile and the value is variable. It changes every minute or every hour. And, you have to make sure that you will not be scammed. It happened to me once. I invested too much money and got scammed. As of now, I am moving on and I am planning to earn again.
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CryptoLD
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October 26, 2017, 11:02:48 PM |
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Holding BTC for money is risky anyway but with seg2x fork coming, can say sounds even worst ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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macchiato
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October 27, 2017, 09:47:59 AM |
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When you invest your money into something, regardless of what kind of company or thing you are investing into, you're money is already at risk. Investing and risking are juxtaposed and will be side by side. The only thing that will dictate the worth of your risk is to where you are risking it. Bitcoin is a good risk, I may say, however I suggest that you divide your money and invest at other things. Investing in several firms increases the chance of profiting bigger, wherein sticking to one firm does not guarantee you profit. Don't turn in all of your money to bitcoin, you can trade, or invest in other businesses. Only spend the amount you are willing to lose.
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djgtr
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October 27, 2017, 09:57:46 AM |
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When you invest your money into something, regardless of what kind of company or thing you are investing into, you're money is already at risk. Investing and risking are juxtaposed and will be side by side. The only thing that will dictate the worth of your risk is to where you are risking it. Bitcoin is a good risk, I may say, however I suggest that you divide your money and invest at other things. Investing in several firms increases the chance of profiting bigger, wherein sticking to one firm does not guarantee you profit. Don't turn in all of your money to bitcoin, you can trade, or invest in other businesses. Only spend the amount you are willing to lose.
well i agree on that .it is really risky but i believe this world is full of risky dicision all we need to do is to think and move in a prudent way and make more learning through experience i really believe that experience is tbe best teacher apecialy in crypto world which is all are not really predictible.i believe that bitcoin is risky because it is not predictable.but i also believe that we need to get over a risky dicision to gain.
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ShineftChaos
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October 27, 2017, 10:24:50 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!
Apparently, yes it is too risky to convert all your money into bitcoin. It is better if you save a part of your money in other investment or savings. Just a piece of advice, don't put your money in just one basket.
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DevilSlayer
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October 27, 2017, 10:36:40 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 it is risky but you can be sure that you can make money from the bitcoin if you have many knowledge about bitcoins. It seems that you have a fear to invest some of your money. I think you should overcome your fear to make money from the bitcoin.
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miss.M
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October 27, 2017, 10:37:32 AM |
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I think yes it is risky to turn all your money to bitcoin. I advice you to put atleast half of your money for you to not woried if the price of bitcoin goin down. Bcause it is one of the reason why you ask this question i think. So better to make a good decision about it.
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malah
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October 27, 2017, 10:51:31 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!
very risky to put all your money in bitcoin because bitcoin prices can not be predicted sometimes up and sometimes down, if you put it all then if you lose will lose all your money, better put just a few
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