is it risky to turn all my money to bitcoins?

[jer]

Yes, this is a big risk, and I would advise you to invest only a part of all your funds. Yes, the likelihood that something bitcoin will happen is very low, and you can almost certainly earn, but if something goes wrong? You will be left without a penny. That's the risk. Invest the amount you are willing to lose.

[darefreads]

Maybe it is risky to turn all your money to Bitcoin for when your a traveler and you pick to travel in a rural or a province places their are such possibilities that there are no accepted Bitcoin in that place. and it could be risky for me huh! but it is your choice and it is your you can do what you want from it. like mine I do what want from it.

[stepwilli]

To my opinion it is risky to turn all your money to bitcoins, since there is a possibility to lose.Bitcoin might be intangible,even paper money or securities can be presented to a central bank or company;digital currency is a decentralized and just a piece of code on the internet, so it has no country or company for you to ask to honor it. After buying bitcoins never leave them at the exchange if it is affordable move the bitcoins to a hardware wallet to store or a paper wallet.Buying bitcoin is a valuable asset now since there is only 21 million available and of that 80% of all bitcoins are mined, this scarcity could continue for the demand.

Management is a skill which plays great role in someone life to protect from expected hurdles/crises. A good manager doesn’t need to face hurdles due to his good designed policies. Business itself is almost a risk and not only investment in bitcoin is a risk, I think in every business you should not have to Invest all of your amount just in one business.

If you have huge amount so you should have to invest it into different nature of business because unfortunately if one fails so may be the other get succession in running. I hope according to this strategy you will not face loss in your business.

[Dart18]

Yes, this is a big risk, and I would advise you to invest only a part of all your funds. Yes, the likelihood that something bitcoin will happen is very low, and you can almost certainly earn, but if something goes wrong? You will be left without a penny. That's the risk. Invest the amount you are willing to lose.

I have to say that is right. The right management of money should be prioritize. Just take a part for it to invested with bitcoin. I know there will be lesser profit but you could start from that then just grow it by buying and selling back.

[hacker1001101001]

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

Pitting all your money in bitcoin can take you in problem i think. But still I think it is better to invest most of your money in bitcon. It should be  25%in bank and 75% in bitcoin this will be a good ratio i think to gain profit.

[apumaycry]

off course remember this phrase "only invest money you can afford to lose" so yeah your money possibly go to zero

[BIG Tyrese]

If you truly believe in Bitcoin and don't need your money for anything else then converting 50% might be a good idea.

[BraveSpirit]

Absolutely yes, it is very risky to turn all your money into bitcoin. You said that your money do nothing in the bank, so I think it's better that you leave 50% of it in the bank and only invest half of your money. So in case that you lose all your bitcoin, you still have real money in the bank where you can use in case of emergency needs.

[unknown-user]

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

No it's not. The market value of Bitcoin is continuously growing. Converting all your money into it is a form of investment and on investing, the bigger amount of money you will invest, the larger the profit will be. It's a bit risky right now just because it is not yet legal to most of the countries but if you are living somewhere wherein it is legal, I think it is a good idea to convert all of it since it has advantages.

[mo8537p]

It is promising to turn money into bitcoin.

[wellsontheja]

Ofcourse it's risky there's no investment without risky even for bitcoin, but still even if it's risky it still had great potential i recomend to reduce a little risk so as not to lose all assets so as not to put all of your assets, just some it's enough.

[BUK2016]

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

Op I will not advise you to convert all your the money you have to Bitcoin because that highest risk for everyone to do such convertion. What I will you is that, you should maybe convert about 40% of your money with the bank and leave the remaining 60% with the bank despite the fact that it will not yield anything for your.

[jerlen17]

For me Yes it is so risky, you can compare it in gumbling you maybe can lost or win. You should have the figthing spirit and take a risk because bitcoin is unstable. You can have a profit or not.

[LigwagGanern]

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

Yes, it is really really risky to convert ALL your money into bitcoin. We all know that bitcoin can disapear anytime, we don't know when bitcoin ends. But we are hoping that time never comes. Back to the topic, honetly you may convert SOME of your money but not ALL. Be smart in handing your money.

[EEEian]

No never is it not risky to turn all your money to Bitcoin.Because Bitcoin is very reliable digital currency it is started in 2009 still now very trusted and  running with loyalty.So of course you invest Bitcoin.

[Sundark]

It's not risky, it's stupid.

[conceivedspoon2]

Yes. Bitcoin being an emerging market is very volatile. Because of its volatility, the profit is high and there's higher risk of loosing your investment. Since you can also use it to trade, it is advisable to use your bitcoin to trade so as to increase your investment if you know the rudiments of trading. So, the higher the risk, the higher the profit. once you can place your chances well. But sincerely, you need to carry the mind of a business person.

[SparrowMano]

It s better have some btc AND dollar.

Diverticy

[Junixi]

Investments are always risky. To trade, it is necessary to monitor the market constantly, to look at statistics - to know where to invest most profitably.
But if you want just passive income, then it seems to me from all cryptocurrency, bitcoin is the safest.
In general, you can find profitable altcoin projects here.

When there are several assets in your investment portfolio, this is always a more winning position.

[tranquangvinh]

  yes  ,  it's risky to turn all your money to  bitcoin . Bitcoin will be volatile if you know risk and all day long thinking about risks , the risk will come . I tell you the truth, why are you thinking of bad things, bad things will come to you? Why do not you think of the good things that will come, great things await you? a 'fat profit' from bitcoin? I think you should ask the question: are the ways to make a profit from bitcoin better?