is it risky to turn all my money to bitcoins?

[Targusluxe]

I think it is risky to turn all your money to bitcoins because we know that its value is not constant sometimes it's up and sometimes it's not so it is not practical to turn all your money into bitcoin you have to think of that really hard. But you may still turn your money into bitcoin but not all of your money.

[Thecryptocurrency09]

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. The fact that you're giving a try of something you don't really know if you're always in a good hand. Remember that you're goal is to gain and not to lose. If you'll bet it all and have a doubt in your heart that it might won't word, just don't. Its better not to give a shot on it that regret and blame yourself after you got tricked. It's okay to risk but not all. Sometimes you need to let things happe  as simple and small as it could be so you won't hate it after loosing everything.

[poletando]

if your money just stay in your save and you dont need it for a short term maybe you can exhcnage all of it into bitcoin with some hope that bitcoin price will rising up and you are get profit. but if that you mean "all my money" is whole your money maybe dont do it, because it makes your money in danger

[South Park]

how much are you willing to lose, put that into crypto, if you can't lose anything, then don't play into crypto

This is right but at the same time people look at the price of bitcoin and then they think that they cannot wait to invest in bitcoin thinking that if they do not enter the market right now they are going to miss the chance of a lifetime, but when people invest not knowing anything about bitcoin they risk losing their money, that is why it is not only important to invest only what we can afford to lose but to invest only when we have enough knowledge about bitcoin.

[emmanborromeo67]

For me any kind of investisment is taking a risk but what matters is the pourcentage of risk. With Bitcoin the pourcentage is very low but it increases proportionally with the amount of money setted in that investisment.

[rizkyfebrian213xx]

if you ask risky , yes its 100% risky
in bitcoin , price can up more or down more
but we must be careful to see the price to get a big profit
i think , you must invest or turn half of all your money..
maybe its safe for your economics

[Nyenyepogi]

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

If you dont take the risk you dont take money we all know money is risk so if you turn your all money in bitcoin yes it is so risky try to invest a half of money and always think before you click so someday you'll not regret.

[Pakboy]

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 it is not risky than other investment in the cryptocurrency world. Bitcoin investment is one of the best investment nowadays. Many people are becoming rich because of bitcoin investment.

[namjey]

if you can just invest and forget abou that invested money for a long term like 1-2years, it worth. Bitcoin will eventually rise.

[Habakkuk77]

Investing is good but turning your money to bitcoin is very risky. You must good enough skills and knowledge in investing.
It not just little thing to do. BTC price always change whether it is low or high.
Yes bitcoin worldwide used by individual but you need also to think wisely.

[Cryptolive]

Dont put all money in BTC because you dont know what happens in crypto world exactly. It may rise upto 1 million or may fall suddenly.

[btcbringer]

look at the market recently, bitcoin dumps a lot, though it will rise back later, it still has high risk, especially you pay much attention to the market and you will lose control to yourselt to plan sell high and buy low

[bitcoinVPSD]

I think you should not turn all your money into bitcoin. This is quite dangerous. Because the value of bitcoin increases unevenly. If you are determined to invest all you have to be patient and wait for bitcoin. You will face many difficulties and risks. In my opinion, you should invest half in bitcoin while the other half you should send to the bank

[Mersterious]

Yes because when the bitcoins value will be low you money will be low to and when its high your money can high too

[Raigeki.]

Yes it is risky... though we know that it is best to invest in bitcoin than to save your funds in your bank it is better not to all in... as we know bitcoin’s insane volatily makes it riskier... always out in mind only invest what you afford to lose..

[zenrol28]

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

Quite risky. Like whats happening atm. You might've gone crazy over this drama. it is still better that you have something to pull out when everything goes sideways.

[Suguha]

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

Bitcoin is known to be a good investment. Turning all your fiat in to bitcoin is not a bad thing. It is a good thing right now since the value of bitcoin has been rising a lot these days but still you should consider timing as an important thing because timing would help you prevent turning all your money to going down since there are instances that the value fall down. If you are going to be careless in this matter you will surely end up disappointed.

[airdnasxela]

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

Well almost everything is risky here in bitcoin we all know that. If you are going to turn all your fiat to bitcoin, you should make sure first that bitcoin is in good shape so that you can avoid ending up disappointed. The value of bitcoin is volatile and there are a lot of things happening over time and nobody is sure about that, the value may rise for a while or fall down. That's why you should see first if bitcoin is in good shape before converting.

[earl07]

its risky but at the same time it can also be wise .
bitcoin price is unpredictable this month it rises when you turn your money to bitcoin and it suddenly down its price youll loose some money but luckily if it rise while you turn it to btc you can have more money. thats why its risky and at the same time its a wise decision .

[Abbexe]

It is highly risky to turn all your money to bitcoin. Diversify your money, invest in different coins,invest in gold too if need be. Though bitcoin is the future currency but u do not invest all in it because governments are still finding it difficult to accept bitcoin