is it risky to turn all my money to bitcoins?

[officerpants]

Even if BTC wasn't as volatile as it is, it's still INCREDIBLY risky to invest all your money in any one place.

When you invest in a retirement fund, or stocks, or anything the advice you will hear over and over and over is DIVERSIFY!

Don't put all your money in once place, all your eggs in one basket, or all your armies on the western front.  Just don't.

[BlackBeauty]

Even if BTC wasn't as volatile as it is, it's still INCREDIBLY risky to invest all your money in any one place.

When you invest in a retirement fund, or stocks, or anything the advice you will hear over and over and over is DIVERSIFY!

Don't put all your money in once place, all your eggs in one basket, or all your armies on the western front.  Just don't.

yes it will be risky to turn your all money to bitcoin because sometime the price of bitcoin is going up and down, but not a big risk to lose all money, so you can invest in bitcoin .

[partysumo]

I would not put all my money in to BTC, I find it very risky but on the other hand if you want to earn lots of money at a time you have to take the risk...

[finlandais]

Yes, it's risky because the Bitcoin price is not fixed and it is not necessary that every time you will earn profits only.Some times you have to face loss also.So don't turn all your money into it.Keep some with you so that you are never short of money whenever neccessary.

[Lionidas]

At this point in time I would not say it is risky since it has reached an all time high of $10069 now or higher.

Haven't checked the price for a few hours now but it does seem to be erratic at a point of being unstable.

[pri3oner]

are u really going to buy btc for all money u have? lol
it's risky anyway, though I think the price will grow up but u should control yaself and always have plan b for evacuation from a situation. dont take a part with all in. yet.

[coolstory]

Yes, it's risky because the Bitcoin price is not fixed and it is not necessary that every time you will earn profits only.Some times you have to face loss also.So don't turn all your money into it.Keep some with you so that you are never short of money whenever neccessary.

Going all with bitcoin is extremely risky even it rises like crazy. You should have some fiat Money in your pocket as usd or usdt. This way, you don't miss cheap buy chances as well.

[waltermark742]

As with any investment, it's risky. I wouldn't put all my eggs in one basket though.

[edward222]

it may be risky it may be not, but i recommend you not to, you never know what could happen

[ihtiyacpara]

Do u see bitcoin 5 day after has 8000 - 8500 $    Today almost 10000$ ?

[ridho002]

certainly risky you should know what will happen if your money all you make into bitcoin. you know the bitcoin price is not fixed sometimes up sometimes down. if you keep insisting on changing your money to bitcoin you have to be ready to accept what will happen in the future.

[TorbiK]

It's just an extremely risky investment. But the risk / reward ratio is acceptable in principle. Having risked everything, you can become very rich.

[Walrus1]

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

dude I think of it to and have to stop myself. It's not as bad as putting it all on 5 red but it's close.

[chadtn]

If to speak about all your money YES IT IS. Its a ricky investment and you can hold your money for a long period. So try to use your bankroll right

[markint]

I do not think that is an appropriate decision, since bitcoin has for some time ceased to be a suitable currency to carry out our ordinary transactions to become solely and exclusively an asset recommended for long-term investment, a store of value.

Therefore I think it is advisable that you invest some part of your capital in bitcoins as an investment, but as daily currency there are other faster and cheaper options in the altcoin market.

[desanti]

I think it would be very risky if you change all your money into bitcoin, because everything there must be a risk that we must think about later.
And do not let you take a stupid risk, because the value of bitcoin prices that are not always setabil sometimes up sometimes down because of the ups and downs, and for example you again need money but suddenly bitcoin prices are decreasing and you do not have the same value then you will lose.
so I'd better suggest that you put half your money into investing in bitcoin and then half of you make a different business then in this way you will have money when you need it.
You can let the exchange rate of your bitcoin to be invested in the long run to get more great profits later.

[GeorgeEden]

Not at all. Well not all your money but if you can afford it you should do it cuz bitcoin keeps rising. You wont lose but just win more.

[chichiah]

Bitcoin have it ups and down in market. If you want to invest all your money for bitcoin make sure that you are aware of the risk. But if i were you i will not take all my money into bitcoin its better to be safe rather than to regret.

[Saveplus]

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

If you can afford to loose all your money there is no problem to turn all your money in bitcoin.Atleast you need to be aware of the risk that is coming,bitcoin is pump and dump and we do not know the price of it ,it always flactuates but it is better to invest in bitcoin  because its safe and secured cryptocurrency.

[jason meneses]

i think is not a risky to turn all my money to bitcoin .. bcos i dont have any kind of money to spend