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acpr23
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October 30, 2017, 04:57:54 AM |
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Go with the amount you can afford to risks. Do not put all your eggs into one basket once stollen or broken youll lose everything. But investing into bitcoin is kinda good choice of risks  |
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tranthuthuayhrng
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Activity: 11
Merit: 0
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October 30, 2017, 04:58:12 AM |
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Bitcoin, or virtual currency, is becoming the hottest keyword in the global financial market; Not only does the change in value, virtual currency is also significantly changing the legal status.
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Pettuh4
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October 30, 2017, 05:01:48 AM |
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We must understand that bitcoin is a high risk investment, the higher the chance of profit then automatically the risk level is also high, I suggest not to put all our money into bitcoin, because the decentralization system is always a lot of surprises in a matter of hours or even minutes.
It doesn't make sense to put all your money into bitcoin, how will you even live or buy stuffs for yourself? You have to diversify your income and be a responsible person first before you commit the surplus into bitcoin investment. Don't starve yourself or family because of bitcoin investment because you might die and leave the investment behind. |
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sunsilk
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October 30, 2017, 05:10:06 AM |
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Bitcoin, or virtual currency, is becoming the hottest keyword in the global financial market; Not only does the change in value, virtual currency is also significantly changing the legal status.
It's now the leading virtual/crypto currency and also an investment, it will not harm the government unless they will support it and will never ban it. Just don't listen to those financial experts that are keep on dragging bitcoin to their own hole. They don't have other job but to keep on saying people is a very bad type of investment. It is risky to turn all your money to bitcoin but if you believe this will have a brighter future, buy. |
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bakerlisa510
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October 30, 2017, 05:11:05 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, infact it is too risky to invest all your money in just one thing! Because you never know when you need your money. |
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shafi alam
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October 30, 2017, 05:13:50 AM |
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yes its risky because of when you saw bitcoin price is 5000$ in earlier after some time it gose to 4500$. 500$ gone. And when what will happen? you will lost your mind.
but if you ask for security? yes it is secure.
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jilani
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October 30, 2017, 06:01:33 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!
Online money always risky because hackers can attack anytime.Normally BTC is a hot currency over the whole word & of course this is good investment.BTC future is so much pretty.I am a fan of BTC. |
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Gondwanaland
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October 30, 2017, 06:09:28 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 need to take the consequences to make your money bigger because it is part of business you do not know when they will succeed or not. Taking risk is part of our life so take the oppurtunity to make your money grow than keeping it in the bank and do nothing. |
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Semar Mesem
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October 30, 2017, 07:05:03 AM |
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Yes and of course very risky, I must honestly tell you that never put all the money into a high risk investment such as bitcoin, although it is very profitable but can be detrimental.
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Jingjing12345
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Activity: 62
Merit: 10
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October 30, 2017, 08:08:02 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 really risky because the price of bitcoin always fluctuates so we don’t know whether it will rise up or down. It is risky because the possibility to lose your money is always there. If you invest all your money there, you should be ready to the possible outcome. If I were you I will some to the bank and put more in bitcoin because just in case something bad happen you have money on bank to start with. |
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paolo099
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October 30, 2017, 08:43:34 AM |
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it's not just about investing everything in bitcoin, or gold, or anything else, the main issue is indeed investing everything!
That means if that thing fall you lost everything (for example in my home country the value of an apartment or house dropped to the ground due to country issue) and you have no margin to recover, diversification is always the good thing to do, some of your investment (put apart the crypto world) might fall but the rest are keep going.
In this way you can adapt and react by moving some of your finances in the right way.
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meomeo7
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October 30, 2017, 08:44:12 AM |
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With plans to release their own currency, banks hope J-Coin can help Japanese people "detoxify" cash.
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tikaka
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October 30, 2017, 09:02:54 AM |
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I advise you not to turn all your money into bitcoin. This is dangerous. Because we see the value of bitcoin is unstable. You must be clear when deciding.
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Kisanaq
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October 30, 2017, 09:07:20 AM |
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I do not think bitcoin is a very lucrative investment compared to anything, the fact that bitcoin so far benefits investors so I suggest to invest, but not all of our money, ideally is a maximum of 90% of all our money.
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webdevmastery
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October 30, 2017, 09:15:13 AM |
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yes its risky because of when you saw bitcoin price is 5000$ in earlier after some time it gose to 4500$. 500$ gone. And when what will happen? you will lost your mind.
but if you ask for security? yes it is secure.
Everything in life has a risk and if you would not take the chances then you will not be successful, Its about your own strategy and bitcoin is an advantage because it was easy to earn and less risk of scamming. |
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Uilnis
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October 30, 2017, 09:18:07 AM |
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Yes it is would not recommend to do that i would say invest 50%in to bitcoins this way if something goes wrong you will have something at least instead of nothing and i would also say if you have enough knowledge how everything works it is not risky at all.
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ORCAf
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October 30, 2017, 09:31:55 AM |
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I believe it is risky to go 'all in' with anything in life, you should always have a backup plan if something doesn't work out. Of course, investing bigger sums into something gives you potential to earn more, but putting all of your money to something that isn't even fully recognised yet is a blind move. Put the amount that wouldn't hurt you too much if it fails. Better be safe than sorry haha |
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Bitcoincole
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October 30, 2017, 09:41:14 AM |
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I believe it is risky to go 'all in' with anything in life, you should always have a backup plan if something doesn't work out. Of course, investing bigger sums into something gives you potential to earn more, but putting all of your money to something that isn't even fully recognised yet is a blind move. Put the amount that wouldn't hurt you too much if it fails. Better be safe than sorry haha For me turning all your money to bitcoin is a gamble any person should not take a risk of. In anything you do you should always have a back up plan and never risk everything you have because you can never tell how far your luck could bring you. As they say, " prevention is better than cure". In every decision making, always think not just twice but more especially if it involves money. |
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wisdomcn
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October 30, 2017, 09:50:12 AM |
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Yes, it is a risk to turn all your money into bitcoin, As we all knows that bitcoin is a decentralized system and the value is not static it can go bellow the price you invested which means you will loose money. Also the security is not gruranteed which means if you wallet is hacked you loose all you money and you wont have anybody accountable. So it is very risky to turn all your money to bitcoin.
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manhwa
Newbie
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Activity: 17
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October 30, 2017, 09:52:09 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!
of course it risky if you turn all your money to bitcoin. we don't know what will happened with bitcoin in the future. if value of bitcoin fall down you will loss much money. |
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