wledgewil
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Merit: 11
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November 13, 2017, 07:49:52 PM |
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Its all based on the managing things and a planning.
If you are having financially supportive parents and assets then i would recommend you to invest 75% of your money in bitcoin and 25% for your managing things.
Once invested never fear for the bitcoin price when there is a price fall reason behind the price may fall for a while but the falling price will not be the constant and the increase in price is ultimate, reason behind when i started analyzing bitcoin it is $612 that time i am very new and just thinking how to earn bitcoin with apps through sathoshis by the time i used to get few amount of sathoshis the coin rate started increasing so rapidly then first i started investing my pocket money and found results later part suggested my parents with proofs they does tasted its profits. So take my experience and step forward there is nothing we get in return storing money in banks they just throw small money on our faces treating us like beggars and they do business with our money.
That is the main reason even banks do fear for our crypto currency bitcoin. Step forward and reap with success with a proper planning.
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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Xtra_Coin
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Activity: 140
Merit: 10
Blockchain Identity Verification
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November 13, 2017, 08:32:27 PM |
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Do not invest more than you can afford. Unfortunately, in investments there is a risk of losing everything because of unforeseen circumstances. Therefore, invest that amount that you are ready to lose.
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pratik009
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November 13, 2017, 08:44:42 PM |
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Yes it's risky to turn all your money to bitcoins.bitcoin is king of cryptoworld but it's price fluctuate too much.And anyone don't know when the price will increase or decrease.so I suggest you to invest your half of money or 60% into btc.beacause if you invest in btc and the price will go down then still you have enough money to do onther investment.And if the price will go up then it's too much profitable for you.
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conceivedspoon2
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November 13, 2017, 11:02:31 PM |
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Yes. Life itself is risky. It is a high risk to put all your money in bitcoin or convert all to bitcoin. Yet, the higher the risk, the greater the result. If it goes your way, the result is as sweet as honey. so, i advice that you buy some and keep small fund in any other business venture.
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Mapagmahal
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November 13, 2017, 11:15:20 PM |
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Yes it's risky to turn all your money to bitcoins.bitcoin is king of cryptoworld but it's price fluctuate too much.And anyone don't know when the price will increase or decrease.so I suggest you to invest your half of money or 60% into btc.beacause if you invest in btc and the price will go down then still you have enough money to do onther investment.And if the price will go up then it's too much profitable for you.
Not only to bitcoin but for any other investment. Putting all your money in one investment will put your investment in danger because no one can tell if your investment will grow or not. Even if they are risk taker this is not a good move but if they insist of putting it all in bitcoins then it's ok as long as you don't mind loses and you just trust your investment in bitcoin to grow. |
i use to be a hunter
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Adrazan
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November 13, 2017, 11:20:28 PM |
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It's very very risky the future of Bitcoin can't be predict so it is advisable to use partly of one's money
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coinholic
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November 13, 2017, 11:42:59 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!
Of course it is! Never place all of your eggs in one basket! Never gamble all of your funds in just one investment! It’s just not wise that way. We can never say exactly what will happen in the future. Yes people may be earning from Bitcoin, but it is better to be smart than greedy. |
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drm
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November 14, 2017, 12:13:55 AM |
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To be honest: If you ask that question, you haven't done your homework. Bitcoin / cryptocurrency in general is a HIGH RISK investment. The market might change in a very short period of time and if you don't watch the market, everything can be burnt in a matter of minutes.
The money that goes into bitcoin should be "play money" and you have to be able to afford a complete loss.
Well you can bet your ass that there's a whole lot of money in bitcoin and crypto in general that's not play money  |
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Nakakapagpabagabag
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Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
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November 14, 2017, 12:43:45 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!
All of people who are related in business is totally in high risk event in your life because investment is not a small thing but it can be change your mindset when you are making some money. What if you invest your money in some investing company and after all you give all you have, they will gone and scam you. It's hard to trust anyone in terms of money because money is powerful than people. It can cause people changing mindsets, plans in life and many more. So be wise to think any decision to make a better life. |
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deviant99
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November 14, 2017, 12:57:20 AM |
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Every investment is a risky situation, we should know there are a lot of possibilities that will happen when you invest on something. Just in bitcoin, we should know the cycle or the regulation on bitcoin in order for us to be successful in investing in bitcoin.
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waltermark742
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November 14, 2017, 01:04:18 AM |
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Are you planning to use bitcoins for all of your transactions as well or just investment?
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Erlinda Santiago
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November 14, 2017, 01:07:39 AM |
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It so risky because bitcoin is not permanent money what if it is remove in society what will u do in ur bitcoin so dont turn ur money in to bitcoin u dont know what you done
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care2yak
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November 14, 2017, 01:09:45 AM |
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there is always a certain degree of risk attached to any action you make. with money, it depends on how high your risk tolerance is. if your tolerance for risk is really high, then perhaps you can do just that and still be able to sustain your daily living activities. but for me, if you turn ALL your money to bitcoin, then that would not be wise. still it's all up to you.  |
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akishang
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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November 14, 2017, 01:16:20 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 its risky but if you time it perfectly, I think it will become a good invest. Buy bitcoins when the price is low and then sell it whenever you felt the you have earned enough money. Repeat the cycle multiple time and you will financially secured in the long run. That's what my friend has done few years ago when bitcoin price was VERY LOW. According to her, there are still cheap coins that you can buy, all you need to do is to learn the trading and it's all up to on where you want to invest.Your money is safe in the bank however, it will never increase. A bit of gamble is needed for your money to grow. LOL |
﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏ ☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆ ≈ WORLD POWER PRODUCTION ≈ █ █ █ |
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semutracing
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November 14, 2017, 01:25:18 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 think you are too brave to take risks to change all your currencies kebitcoin, now it is very high bitcoin value and much sought by the global community, but the value or price of bitcoin can also go down at any time without predictable first |
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zynan
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Staker.network - POS Smart Contract ETH Token
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November 14, 2017, 01:28:43 AM |
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Yes, its risky, have you heard what everybody always say? "Invest what you can afford to lose". So, its mean we don't have to invest all our money to bitcoin, we don't really know what will happen in the coming days, what if bitcoin will lost its value, then all your money will be gone as well, so just invest in a small amount, then you'll just have to wait till it grows then you'll gain profit.
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Glorypaasa
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November 14, 2017, 01:29:00 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!
Sure that bitcoin is risky so if you turn all your money here in bitcoin it is a big risky because tha value of bitcoin is not stable compared to others but dont worry if you believe in bitcoin i think you will get a huge of money someday. |
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belalangsembah
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November 14, 2017, 01:33:13 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!
do not all your money change to bitcoin, it's too risky, better some of it and others you can use for other investments, bitcoin is now a trend of many people and is a much sought-after digital money |
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sharm2121
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Merit: 10
ImmVRse | Disrupting the VR industry
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November 14, 2017, 01:35:05 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. its risky to turn all your money to bitcoin. What if the bitcoin does not exist in the philippines?or in other country? your money will be lost and you have nothing  |
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Honest Tim
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November 14, 2017, 01:35:34 AM |
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Investing All money in bitcoins is not right. As bitcoins is also like a gambling. Here in bitcoins prices fluctuates a lot you never know when your bitcoin price drop,. Above all the whole concept of bitcoin is a virtual concept. You don't have any physical proof of their existence. Even daily new scam take place which is also a trouble in bitcoins, as all information is present on Internet, there are chances that hacker hack your account and steal your bitcoin and you will not even able to trace them. I think one should only invest the small portion not all the money.
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