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Author Topic: is it risky to turn all my money to bitcoins?  (Read 37283 times)
Afnan_faizah
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October 31, 2017, 12:07:52 PM
 #1281

The risk remains but we may still be safe, seeing the good progress of bitcoin and the increasing acceptance of bitcoin then exchanging paper money to bitcoin will be profitable for the future. But we cannot fulfil our daily needs using bitcoin because the number of merchants who accept bitcoin is still relatively low. We still need paper money for the present but I am sure gradually we will leave it.

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Wulanayu
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October 31, 2017, 12:09:09 PM
 #1282

in my opinion very beresiko.karena unstable bitcoin prices always change change every time, for example you are in need of quick funds also you can not immediately melt it and certainly could be a loss if when you need it bitcoin prices are falling. my suggestion save your money and spend enough for capital in bitcoin.

Kersh768
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October 31, 2017, 12:12:49 PM
 #1283

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It surely is. Converting all of your money would surely be a risk since there's no assurance that the value of Bitcoin will always be high since it is volatile wherein its market value changes everytime. And definitely, you'll be in big trouble if your money in Bitcoin will have a low value and with an instance that you're in need of money because you will have to wait until its value is back to normal.

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okissabam
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October 31, 2017, 12:17:31 PM
 #1284

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

it may not be wise to put all the money in bitcoin because you will bet it all and it can make you lucky and get a lot of profits but also can make you unlucky and you will get big losses maybe even lose all money

What do you mean unlucky? I mean which way does bitcoin seems to get unlucky and get you big losses? As you could see bitcoin is even increasing almost every week. Bitcoin is actually a good investment so it would be a great way to turn your money in bitcoins but I'm unsure about all your money though, that's pretty risky.
AjithBtc
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October 31, 2017, 12:20:33 PM
 #1285

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

it may not be wise to put all the money in bitcoin because you will bet it all and it can make you lucky and get a lot of profits but also can make you unlucky and you will get big losses maybe even lose all money

What do you mean unlucky? I mean which way does bitcoin seems to get unlucky and get you big losses? As you could see bitcoin is even increasing almost every week. Bitcoin is actually a good investment so it would be a great way to turn your money in bitcoins but I'm unsure about all your money though, that's pretty risky.
With bitcoin too lucky people are there. To be lucky one needs the mind to risk. During the sudden peak price increase people who invested into bitcoin weeks back get the profit in a much lesser time. This is what we say as luck, because the user can withdraw the capital and let the profit grow further.

wagi
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October 31, 2017, 12:57:38 PM
 #1286

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

Yes big risky if you do that.. please dont. Just use money wisely. Half of all is better than.
But always big chance to gain big revenue behind the big risky. Think about it.
CryptoLoverz
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October 31, 2017, 01:14:45 PM
 #1287

yes, it have risk. but we dont know bitcoin will take all your money if you put on there.
bank have system like investing (in my country) if you store some in bank you can take if it reach some month with additional money. like investment i think. and in bank provide one service like buy gold and store in there. so dont be afraid with bank. bitcoin can give you much profit in short time that cant be gain in bank, and it one of advantages
celex89
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October 31, 2017, 01:34:20 PM
 #1288

invest max 5% of your assets
krisnt80
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October 31, 2017, 01:39:58 PM
 #1289

Bitcoin has allowed already becamed the best investment return of 2017 for sure, i dont know any other investment wich had returned 4-6x its investment into such short period, even knowing some altcoins made similiar or even bigger results, im talking about crypto investment. There a bit risk to invest into bitcoin, wich make people to avoid it in the past, nowadays the only risk is you not be part of bitcoin.
Zorbak
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October 31, 2017, 02:05:33 PM
 #1290

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

Of course it's risky to turn all money to bitcoins but no risk no reward.

As any investment the best you can do it is to diversify, put a lot in BTC but not all  Grin
irfanmalik04
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October 31, 2017, 03:21:46 PM
 #1291

Yes risk is always involved but this is also true many those who are successful today they had dared in their life and thats why they are entitled now leaders and successful people Cool Cool Cool
thesosorr
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October 31, 2017, 04:05:00 PM
 #1292

Very risky. Because, people who have been successful from bitcoin also take high risks so they can laugh enjoy the great benefits now from bitcoin. Of course, rather than just saving in bank will be effective if we hold bitcoin.
cheehong714
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October 31, 2017, 04:06:49 PM
 #1293

Hey guys, I wanna ask what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?

I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you?
adjudicator
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October 31, 2017, 04:12:28 PM
 #1294

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yeah, bitcoin is very risky thing. Although it has a big value than other currency. Bitcoin's Price is unpredictable in a sense that it is always changing it can be low or high.

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ubay
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October 31, 2017, 04:16:56 PM
 #1295

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

it's very risky, better take some money to buy bitcoin, partly for daily life. we never know how long bitcoin will last, having cash is a safe way in my opinion.

dyewic
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October 31, 2017, 04:41:28 PM
 #1296

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

It's not just risky but very very risky because if you turn all your money on bitcoin there's a possibility that bitcoin price fall down because no one can explain what's happening about the raising and falling of the price of the bitcoin so it is very risky to turn all your money to bitcoin. So turn only a half of your money to bitcoin so that you can also invest in bitcoin related businesses, join on signature campaigns so that you can have an extra tokens/bitcoins, trade on trading sites, mine on minings site, play gambling on gambling sites but its too risky. You can also invest the half of your money on local investments.
weishao
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November 01, 2017, 06:58:09 AM
 #1297

You have to be aware that Bitcoin is risky, there will be gains and decreases, if you put all the money into Bitcoin, then you need to take risks, although you may be so high income, but do not recommend you will All the money into it, took out a sub-investment just fine. Smiley

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November 01, 2017, 07:00:05 AM
 #1298

Even though i am a huge proponent when it comes to investing in bitcoins, I wouldn't recommend putting everything you have in bitcoins or any other investment opportunity as a matter of fact.
Chienna
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November 01, 2017, 07:06:26 AM
 #1299

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 your money in bitcoin but you need to take the risk for you to earn a lot. Risking is a part of a bussiness that is why you need to take than do it for nothing. Earning money is risking also.
Bagong91
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November 01, 2017, 08:02:40 AM
 #1300

the risky business remains, my suggestions your better find information about bitcoin exchange rate for several months to come so that risky loss can you count.

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