is it risky to turn all my money to bitcoins?

[PunchWorker]

I think it is very risky to do so because you should see bitcoin as a sort of gambling system because the value is really unstable. And who knows maybe another coin will take over from bitcoin and bitcoin will die.

[Mehedi72]

Hey mate, for mee, I don't think that bitcoin is risky. I think bitcoin is risk free and totally safe and maybe that's why people would like to investment with  my favorite ccurrency bitcoin 

[DynamoWarrior]

i don't think its smart to put all of your money on bitcoin because there might always happen something for you to lose all your money. who knows. maybe another coin will put bitcoin to the ground.

[bubble pop]

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

Yeah that will be too much risk because anytime the value of bitcoins might get worthless so if you turn all in to bitcoin and bitcoins fail what would happen to you? You might get crazy if you lose all of your money with just a glimpse. So just to be safe it is much better for you to not go all in to bitcoins just a 20% of your income what ever it is even if monthly income or something. Bitcoin it a risky business, you might get scammed you might get fails so to be sure that ypu will not curse bitcoins do not spend all of your money it is much better to have an extra money in case of emergency happens. And besides you can always gained bitcoins through signature campaigns and alot more.

[akishang]

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. I am thinking why would somebody to that. The risk is too high in my opinion and it's not 100% guaranteed that you will get your money back in case you need it. Your money is safe at the bank.

[yiuyiucn1]

The international payment bank urges the central bank not to ignore bitcoin

[krisnt80]

I dont see any risk into bitcoin unless you put all your money into bitcoin and be forced to exchange some coins to pay or to survive, into those cenario it would be a mistake to step in all into bitcoin. Otherwise i do know it has some risks, like be banned into your country, heavy punishement to who use or play with it, anyway to get money you need to take risks, bitcoin does provide a lot opportunities but you need to risk your money into it.

[meomeo]

With the initial investment cost of about 66 million, after 6 months investors have been able to return the capital. Minerals help cool down, eliminate noise and increase efficiency.

[brobbel]

Wow 63 pages for a one-sentence question.

Is it risky to turn all my money to bitcoins?

Yes it is risky.

Because:
- bitcoin is volatile; the world still uses fiat so you need fiat for many things - even when they accept bitcoin, it is calculated using an exchange rate.
- bitcoin spending is only possible when you have an internet connection - so in case of a bad connection or powerfailure you are not able to pay anything at all.
- like all investments: don't put all your eggs in one basket. So diversify.

[L00n3y]

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

Yes turning all your money into bitcoin is really risky because bitcoin i think is not really secured because a lot of scammers are also there to scam you anytime. So if you want to invest with bitcoin you must invest only the half of your money. But if youre a risk taker i think you can do it.

[Blackwhite69]

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

I think it will be risky because bitcoin is not like Gold that has a stable price if you buy all the Bitcoin with your money later you can feel sad with the declining Bitcoin price drastically.

[meomeo4]

Vietnam is about to have the official legal framework for Bitcoin

[mdgreasyjohn]

any time you put all your money into one investment is risky. diversify , some gold, stock, real estate etc.  spread it out

[Fasdartin]

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

Yeah that will be too much risk because anytime the value of bitcoins might get worthless so if you turn all in to bitcoin and bitcoins fail what would happen to you? You might get crazy if you lose all of your money with just a glimpse. So just to be safe it is much better for you to not go all in to bitcoins just a 20% of your income what ever it is even if monthly income or something. Bitcoin it a risky business, you might get scammed you might get fails so to be sure that ypu will not curse bitcoins do not spend all of your money it is much better to have an extra money in case of emergency happens. And besides you can always gained bitcoins through signature campaigns and alot more.

Yes it is, because the price of bitcoin is unpredictable whether is going up or down, there is always possibility to lose your money, just a half of your money to turn into bitcoin, if there something happen in bitcoin atleast you have gathering some money with you.

[dimastegar]

Any form of investment must have risks. Especially you want to invest all your money into Bitcoin. Because Crypto currency has high fluctuation value. So, the risk of your money will be great. However, the profit if the Bitcoin Price goes up, would also be great. So better set aside a little of your money and do not invest all your money for one purpose. Great Opportunities, Big Risk. This is crypto.

[Catch-22]

Yes.  Do not put all your money in one investment.  Spread to other financial assets like stocks or bonds.

[gokudera]

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

First of all, bitcoin is a risky thing. Why? The value of bitcoin is unpredictable. And if you convert all your money into bitcoin it is a very risky thing.

[cinchin]

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

I think it will be risky because bitcoin is not like Gold that has a stable price if you buy all the Bitcoin with your money later you can feel sad with the declining Bitcoin price drastically.

- Yes, of course, investing all your money in bitcoins will certainly be risky because this is an investment, investments always have certain risks, risk can be large or may be small but with bitcoin, I think the current risk is not too high
- Because many investors and experts have predicted and said bitcoin is an ideal investment and a trend of the future, so the value of bitcoin will increase over time, the risk will not be too high. However, bitcoin is not under the control of the law, and if we are not careful, we can be attacked by hackers and steal our bitcoin, we will not be able to sue or call the policem, they do not manage that, so to be safe, we should not put all the money into bitcoin

[gesdan]

its risky for me because right now bitcoin is not stable because of hardfork issues, if you are lucky you can get double of it, but if you have a bad luck your money can reduce until 30% or more. its mean that if you want to invest on it my suggestion is try to invest in a small amount 20-25% of your money maybe. if lost happen you still have cash on your bank

[Sanugarid]

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

Yes. Ofcourse because we all know that bitcoin value isn't that stable so our money will somehow be put in danger that if we do not know how to manage it in bitcoin, it may end up lowing in price because somehow today's bitcoin isn't that good ingrowing price and facing many problems today.