websoftwareengineer
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Blockchain with VTOS energy
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November 20, 2017, 10:18:26 AM |
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No its not, But do not spend all your money investing in bitcoins because there might be a chance anytime that it might shutdown but as of today the value of bitcoins is very high and those who invest earlier will really earn more profit.
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jonatuzc
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November 20, 2017, 11:39:02 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!
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. There is no risk in investing maximum money into bitcoin. Bitcoin is the best investment method for doubling your money. There are number of people who have become millionaires through investing into bitcoin with whatever they have. Bitcoin is the future currency and I am sure that soon it will be legalized throughout the world. Bitcoin is day by day increasing in demand in international market. |
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magle
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November 20, 2017, 11:48:50 AM |
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Bitcoin has been increasing over time, but we do also see dips. And if people where to invest all their money, they would not only have high transaction costs when buying stuff. They also carry the risk that they might need some of the money during a dip. There is no such thing as no risk and high reward. Besides there is always risks that government would make rules that would impact the value negatively. That goes for any business in the world.
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werner52911
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November 20, 2017, 01:09:25 PM |
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Of course, investing all your money in BTC is a high risk.
We see the large fluctuations in the price when bad news becomes known.
No one knows what governments around the world are still coming up with to regulate or combat the BTC.
We saw from the discussions about Segwit 2x that dangers could lurk here as well.
Who knows what future hard forks can still follow?
Although the BTC offers very good opportunities for making profits and protecting capital, there are also many risks.
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bellamae
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November 20, 2017, 01:12:30 PM |
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All investments have risk. Don't pull all your money because bitcoin is still considered as a volatile investment. Its better to separate your investments in different kind of business like banks or buy a property which also have a secure return of investment.
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DoublerHunter
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November 20, 2017, 01:27:42 PM |
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All investments have risk. Don't pull all your money because bitcoin is still considered as a volatile investment. Its better to separate your investments in different kind of business like banks or buy a property which also have a secure return of investment.
I agree with you. It is better to have a diversification process and separate your money into different type of investment so the risk will not be that high and it will be just lower than the average risk. Diversification is the best thing to do and it should be done for the potential investor to avoid huge losses and to get a good cash flow. |
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hyet24
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November 20, 2017, 01:44:04 PM |
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If you use Wellsfargo or Chase. Leave and use something else. Bitcoin is risky but be smart with it. Price that really matter is when you bought or sell it.
Since you don't use the money you can just kept it in Bitcoin. People who said don't do that are people who buy and sell daily. I don't get how you guys lose money. I had Bitcoin in the $2800 and saw that drop to $1800 and now it's $8100. I didn't spend a single Bitcoin. lol
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vincentallstar
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November 20, 2017, 01:58:21 PM |
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Definitely yes, it is risky to turn all your money to bitcoin or to invest bitcoin, maybe just some of your salaries but not all. And i am not sure some people spend all money to buy or invest on bitcoin. because all of us need cash to buy on store, its not all the time we need our digital currency. not all store accept that.
maybe just invest 70 % of our money , but be careful some investment companies are scam.
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P60
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Decentralized Digital Billboards
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November 20, 2017, 02:22:02 PM |
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If I find it very risky, but depending on we can keep our bitcoin account, account security must be maintained and should be more careful.  There will always be a risk to everything you do. And if the case is turning all your money to bitcoin, I think it is really risky. We all know that hacker is everywhere, they can hack it specially when your account is not secured. If I'm going to ask what to do, I will turn some of my money to bitcoin but not all of my money. |
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annanava
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November 20, 2017, 02:24:10 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!
In any type of investment is risky to put all your money somewhere. I won't recommend that at all, because it's luck what will give you a profit. So, what should you do if you want to invest on cryptocurrency? Go to projects like propthereum.io and invest an amount of money that won't happen a thing if you lose it. |
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dragonbhai
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November 20, 2017, 02:24:49 PM |
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have the ability to risks, for me personally what is wrong to try to grow earnings in bitcoin body.
I think you already know the answer to your question. The value of bitcoin changes/fluctuates from time to time and being unstable in nature, makes investing on bitcoin is extremely risky. Secure enough money to provide your daily needs and make sure the money you use to buy bitcoin does not compromise your day-today budget. Investing all your money on bitcoin is very tempting, but you have to consider all possibilities first, before making the decision. |
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Naoko
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November 20, 2017, 02:28:47 PM |
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The letting your money sleep in bank is not good at all. But it is also not good to convert all your money into Bitcoin. Because Bitcoin's price is volatile in nature. Anytime it will decrease in value different from what you bought. What if you need money right away and you don't have a reserve in your bank then the price of Bitcoin is lower than what you bought. So that's a loss for you. So better invest money that you won't get for a long period of time. Invest only the excess, not all.
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kucritt
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November 20, 2017, 02:35:10 PM |
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yes for me turn all of my money into bitcoin is a high risk, you can get lost your bitcoin if you lost your private key, you will get some lose if the price of bitcoin is drop, maybe you can deposit your money in a half for bitcoin
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Topaz72
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November 20, 2017, 03:58:57 PM |
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how much are you willing to lose, put that into crypto, if you can't lose anything, then don't play into crypto
I think it’s something stupid to invest all your money because if you have a lot of money or even you are billionaire so you will not spend your all money in investment and in bitcoin your little amount of investment can give you a very good profit so little investment can give you a huge profit so I believe always invest your little amount. |
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oyoW9Pie8oh
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November 20, 2017, 04:06:29 PM |
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it is very risky but many now trust in blockchain technology and we can say bitcoin start to be trusted so that i will say trun half of your income into bitcoin to safe your life if big crash happen
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Qartersa
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November 20, 2017, 04:21:34 PM |
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YES! Turning ALL your money to Bitcoin is the riskiest decision you will ever make in your life because you are 100% betting your life onto something that may or may not happen. Be wise, and leave something tangible for yourself! Do not go empty-handed by betting all out. It does not hurt to leave something valuable for yourself.
The wisest thing you can do is perhaps to take only a portion of your money to Bitcoin. If you think it works for you, then add more percentage of your money to Bitcoin. That way you will learn how to dance with the music slowly but surely. And if ever you will fall, the fall does not reach rock bottom.
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deve_isreal
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November 21, 2017, 01:30:26 PM |
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yes it’s very very risky, BTC price can rise or fall at any time. Bitcoin market today is still very volatile, because of many new players here. if you invest your money then BTC price drop down at any time , what are you gonna do? will your hands be strong? from where money for your daily lives if you allocate all of your money to invest.
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car01ine
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November 21, 2017, 01:55:34 PM |
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Yes it is very risky to convert all your money into bitcoins. The value of bitcoin is not steady or permanent. It changes everytime. There is no assurance that the value of it is always high. It depends on the market.
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arlinxoha
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Arianee:Smart-link Connecting Owners,Assets,Brands
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November 21, 2017, 02:14:08 PM |
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yes! I think it is very risky to use all your money in bitcoin. Because there are many risks in bitcoin. But there are a lot of benefits. Bitcoin prices decrease once again. It is very unstable. If you use all your money in bitcoin, you can become mentally ill. So you use your 70% money in the bitcoin, keep the remaining 30% in the bank.
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notyours
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November 23, 2017, 05:31:19 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 if you put all your money to bitcoins. You didnt know if will your investment is successful or failed but if you know what you are doing and you have a trust to the person or investing site that you invest your money then go for it. You will become successful if you can handle your money or how you can handle the strategy you have to make it grow or have some profit. |
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