Tyrantt
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October 30, 2017, 02:09:27 PM |
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I can be risky as hell if you don't know what you're doing exactly. The most important part in that decision would be when to invest in bitcoin and when to, eventually, pull out. I you have the basics of the market and you're absolutely sure what you're doing then it can go quite well without any problems at all, BUT even if someone was to go with this, I'd suggest to keep unleast something in fiat because you can never know what might happen.
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Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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Kousei23
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October 30, 2017, 02:11:10 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 if you don't know how to handle because bitcoin is a type of coin that isn't stable in value so that if uou put all of your money on that if the bitcoin reach it's peak and dumps. Eventhough your money is quite higher it will dump too because it is now on the bitcoin and not on your currency.
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Darthflux14
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October 30, 2017, 02:11:42 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!
In my opinion maybe you should only get your profit, and leave only your investment. In case bitcoin value will fall down you have nothing to worry about it because you turn your profit into money. Then wait again for bitcoin value to rise up then do the same thing again and again. ^_^
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AnjulaYR
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October 30, 2017, 02:19:57 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 unarguably it will be the most stupidest thing that you would do. The Cryptocurrency market is very volatile one its unpredictability stands tall than any other. For that matter I think its very irresponsible of you to invest all you money in any of the coin. Diversify and Gain.
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Semaj123
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October 31, 2017, 12:28:07 AM |
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Yes it is very risky because nobody knows the real value of bitcoin due to its volatility means it has a chance to have a value of zero.Also many hackers are now focusing on crypto world and its not safe to turn all your money to bitcoin.Be wise enough to just split your money dont be tempted to bitcoins volatility because we really dont know its stable value.To be safe just risk what you can afford to loose.
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justyourkuya
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Bounty Campaign Management
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October 31, 2017, 12:36:39 AM |
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One of the apparent features of bitcoin is its volatility in prices, thus, involving higher risks as possible. So, if you will turn all your money to bitcoins, that would be risky. Bitcoin can change its value anytime. It may goes up as we all hoped for and goes down as we ever expected.
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PalindromemordnilaP
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October 31, 2017, 01:01:05 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!
Investing in bitcoin is really a risky thing so don't invest what you cant afford to lose. But if i do have that money, i would really take the risk because as we all know, bitcoin's value is volatile as it goes down and goes up like crazy. So i'd rather take the risks and just ride with bitcoin's market value graph and gain more profit as it rises up.
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Mapagmahal
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October 31, 2017, 01:03:51 AM |
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One of the apparent features of bitcoin is its volatility in prices, thus, involving higher risks as possible. So, if you will turn all your money to bitcoins, that would be risky. Bitcoin can change its value anytime. It may goes up as we all hoped for and goes down as we ever expected.
This is why we don't need to put all our money on bitcoin we don't know when bitcoin price is going down or going up. Just put money on bitcoin that you can afford to lose. Spread your money not just on bitcoin but on different coins like eth or any other cryptocurrency. But if you or they want to take the risk on investing all your money in btc then let it be.
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i use to be a hunter
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mykha
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October 31, 2017, 01:17:49 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!
yeah u cannot turn it all either u dont have to have such an amount..u can only have little amount in order not to attract hackers
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annanava
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October 31, 2017, 01:21:13 AM |
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I would recommend you first to take a moment to understand bitcoin, and cryptocurrency in general, after that and knowing the risks and pros, of this process of investment, you may start turning it. About the quantity, it's not recommendable in any way, put all your money in just one thing. You should be willing to let that money goes, in case the market goes down.
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100%succes
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October 31, 2017, 01:31:37 AM |
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Definitely yes! It is very risky but it is still up to you if you are a risk taker then go. But for me, I won't going to do that, just remember the phrase "Only invest what you can afford to lose".
yes it is very freaking once if all the money is converted into bitcoin, because when bitcoin is missing who will be responsible. This is where vigilance must be properly applied. but if bitcoin goes up you will get double profit and you will be rich.
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ufaiz50
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October 31, 2017, 01:44:50 AM |
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One of the apparent features of bitcoin is its volatility in prices, thus, involving higher risks as possible. So, if you will turn all your money to bitcoins, that would be risky. Bitcoin can change its value anytime. It may goes up as we all hoped for and goes down as we ever expected.
This is why we don't need to put all our money on bitcoin we don't know when bitcoin price is going down or going up. Just put money on bitcoin that you can afford to lose. Spread your money not just on bitcoin but on different coins like eth or any other cryptocurrency. But if you or they want to take the risk on investing all your money in btc then let it be. "that you can afford to lose" I think it's a parable if you play gambling because if you lose you will lose your bet money. I think why they want to invest the first is to secure their money and second to get the exact profit. in fact investing or hold or trade bitcoin is an investment that has a big risk then it is not advisable to put all your money.
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kittie11
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October 31, 2017, 01:50:55 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!
I would say that the key to this is awareness and smart thinking. My advice is to do your own research but also speak to people who have already gone through the experience of investing it. If you own a bitcoin, you need to make sure you know how to buy, sell and store it properly or you risk losing your entire investment.
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Pain Packer
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October 31, 2017, 01:51:37 AM |
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Yes. VERY risky since bitcoin is still not so much stable. And there is still a lot of scammers so it is not very recommended. I suggest that you test first if it is likely a scam. Double or triple check the offer and post before making a conclusion. And lastly, leave some money to yourself.
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Fesatmas
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October 31, 2017, 02:02:19 AM |
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Investing is not always profitable. We can not expect that turn all money in Bitcoin will be profitable, very risky if all the money in use for Bitcoin.That's not true even we do not know whether this Bitcoin will remain popular or not and also Bitcoin value is always not stable sometimes down sometimes up too.
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Rocky Handsome
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★Bitvest.io★ Play Plinko or Invest!
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October 31, 2017, 02:09:46 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!
It is very risky because more profit more risk,its rules of any business.Bitcoin market is still volatile.After convert all money convert to Bitcoin ,then everyday you will check Bitcoin price and it's little little heart attack for you.Because Bitcoin price is everyday down and up.
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Jupeter
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October 31, 2017, 02:10:44 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 to turn all money in bitcoin but you need to take the risk for you to earn. Taking risk is a part of our life so it is better to grab the opportunity than never. Risking it make your money bigger and it can help you to learn in the society of business.
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Latviand
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October 31, 2017, 02:14:05 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!
It is truth that if you'll turn on your money in to bitcoin was risky.but it's part of our life, to take a risk. But its up on you. I'll only suggest to you that you keep some or little money on your pocket because if you have an emergency you have an money to use. And for your daily needs.and also,one more thing. Don't keep bitcoin in only one wallet
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Konco126
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October 31, 2017, 02:16:53 AM |
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Yes, I think it's risky to turn all your money into bitcoins. Bitcoin prices churning, up and down irregularly. It's true that the advantages of bitcoin can grow in the time lower than you expect. More risky, more profits. If you want to convert your money into bitcoin, it's better only partially. Because, fearing unexpected things happen to you like a bitcoin price reduction, there are hackers who hack your account, all that can happen to anyone and anywhere.
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youroz
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October 31, 2017, 02:23:41 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!
pleas dont do that i lost today my bitcoins and i think its the gouverment
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