|
LynielZbl
|
 |
November 29, 2017, 04:46:52 PM |
|
Yes, very risky to invest or buy to a Bitcoin, because you do not know when the BTC price will go up or down. But that's really the truth, if you want to pursue life, you really need to take a risk. As it is now, BTC's value is very high, it is not good for us to buy a bitcoin because it is too expensive, it may crash suddenly and we lose too much. So before we invest, let's first plan for our money and our time are not be wasted.
|
|
|
|
|
QuartzMen
Member
 Offline
Activity: 65
Merit: 10
|
|
November 29, 2017, 05:29:51 PM |
|
No, is it a wise choice that you invest your money in bitcoin, because they can assure that your money is in the good hands. They can provide you a high return of investment in just short period of time because of the continues growth happen in the value of bitcoin in the market.
|
|
|
|
|
|
youdacapt
|
|
November 29, 2017, 06:58:07 PM |
|
Yes, very risky to invest or buy to a Bitcoin, because you do not know when the BTC price will go up or down. But that's really the truth, if you want to pursue life, you really need to take a risk. As it is now, BTC's value is very high, it is not good for us to buy a bitcoin because it is too expensive, it may crash suddenly and we lose too much. So before we invest, let's first plan for our money and our time are not be wasted.
it will not apply to traders who already understand the market fluctuations, not only in bitcoin, this pattern also applies to forex and many other liquid markets, all possible fluctuations can be solved quickly as long as we keep updated with the latest conditions, there is still a limit of correction, so there is still time for the holder to make important decisions. You shouldn't invest it all for your own good because all investments in this world have a balanced risk with income. |
|
|
|
promosn
Member
Offline
Activity: 98
Merit: 12
|
|
November 29, 2017, 07:05:13 PM |
|
certainly, it is!
But maybe the best idea you ever had.
To be honest theonly thing stoping me from that is knowing I would have been in much more profit if I had done earlier, it's a vicioud cycle..
maybe try with a percentage of your money so you don't gamble all..
|
|
|
|
|
|
Batang Hambog
|
|
November 29, 2017, 07:11:52 PM |
|
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes, it's risky to turn all your money into bitcoin. Bitcoin is volatile and if you know what you are entering you understand the risk that you'll be taking. And if your money is just staying in the bank and earning with a very low interest better to take the risk in bitcoin by buying at dip and wait for it to grow. The profit in bitcoin may grow in lesser time than your expectation. More risk, more profit but invest only what you afford to lose. Bitcoin is really a risky job or a business because theres so many people that doing scamming by their own greediness and that the way why im too afraid baout investing here. |
|
|
|
|
daarul50
Legendary
Offline
Activity: 1596
Merit: 1034
|
|
November 29, 2017, 07:43:45 PM |
|
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes, it's risky to turn all your money into bitcoin. Bitcoin is volatile and if you know what you are entering you understand the risk that you'll be taking. And if your money is just staying in the bank and earning with a very low interest better to take the risk in bitcoin by buying at dip and wait for it to grow. The profit in bitcoin may grow in lesser time than your expectation. More risk, more profit but invest only what you afford to lose. Bitcoin is really a risky job or a business because theres so many people that doing scamming by their own greediness and that the way why im too afraid baout investing here. We need to know that not all bitcoin users commit fraud even though there are many out there who commit fraud using bitcoins. However, bitcoin is dominated by investors and users who really support the advancement in economic technology so that many people are happy with the bitcoin. Indeed the risk of using bitcoin is much higher than real money but if we know the basics and how to use bitcoin wisely then the risk can be reduced in such a way. |
|
|
|
|
|
Daveeoff
|
|
November 29, 2017, 07:48:15 PM |
|
Hella risky, I would never tho this. What if you need money for emergency situation and BTC has currently crashed and you've lost lets say 20% of your money?
|
|
|
|
|
cryptocollecter55
Member
Offline
Activity: 252
Merit: 10
|
|
November 29, 2017, 08:14:00 PM |
|
I don't think so because it is too risky to put all your money to bitcoin, knowing that bitcoin is volatile and can change everynow and then. If you want to invest on bitcoin just try to put little by little until you understand how to manage bitcoin.when you know how to handle it then I think you will be able to play with coin trading  |
|
|
|
|
JureViewly
Newbie
Offline
Activity: 20
Merit: 0
|
|
November 29, 2017, 08:45:44 PM |
|
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
If you compare it with your silent money in the bank, better invest 30% - 40% of your money to buy bitcoin. Let money work for you, not you who work for money. I agree, never invest all of your money into one thing, you are better off moving a percentage of your money into Bitcoin and let it sit there and don't touch it. |
|
|
|
|
caraltu
Newbie
Offline
Activity: 6
Merit: 0
|
|
November 29, 2017, 08:47:19 PM |
|
Just make investments on bitcoin, never rely your all money on it.
|
|
|
|
|
|
alt-fire
|
|
November 29, 2017, 08:53:29 PM |
|
it's dangerous to put all the money in bitcoin, I invested 50% of my money in the crypto currency. the second half involved in business. need to have multiple sources of income  |
|
|
|
|
Nylelyn
Member
Offline
Activity: 296
Merit: 13
|
|
November 29, 2017, 11:08:07 PM |
|
Yes, it is very risky to turn all your money to bitcoin. It is ok to invest some but not up to your last penny that you don't have anything left in case anything happens. However, this is the game of bitcoin, its price is dominated in the market by the big people and people behind its network. It is true that bitcoin value is unpredictable and may go up and down, but if we have learn important facts about It and know techniques, then it can give you a good profit as well.
|
|
|
|
michaelmourmans
Newbie
Offline
Activity: 16
Merit: 0
|
|
November 29, 2017, 11:27:59 PM |
|
Indeed i'll agree too. Basically have big or small amountof mney, 'll purchase bitcoin and hold it for some time just to support the task. I'll never believe the risks, just buy and maintain. For me personally, there's no need to state that bitcoin is a rip-off. oI
|
|
|
|
|
|
desanti
|
|
November 29, 2017, 11:48:41 PM |
|
if in my opinion yes of course very risky if you turn all your money into bitcoin because we have to think later in the future because everything no one knows what will happen and of course everything must have risks.
because we notice the value of bitcoin prices are always unstable sometimes down sometimes rise high because of the existence of tidal and for example at any time you again need money but suddenly bitcoin prices are decreasing and you do not have the same value, then you will lose.
so I suggest you better put half of your money to invest in bitcoin and then half you do a different business
then in this way you will be able to have money when you need it
of bitcoin you can allow it to be invested in a long period of time so that more get bigger profit later.
|
|
|
|
|
|
guesswhat
|
|
November 29, 2017, 11:50:30 PM |
|
Hella risky, I would never tho this. What if you need money for emergency situation and BTC has currently crashed and you've lost lets say 20% of your money?
This would result in two cases. In the first case, he would be a rich man after a major bitcoin pump. In the seond case he might have lost his 50% capital and get depressed eventually. Never do this, very risky. |
|
|
|
|
telcell
Newbie
Offline
Activity: 16
Merit: 0
|
|
November 30, 2017, 12:29:58 AM |
|
The more risk the more money you can make
|
|
|
|
|
bitcoinhunter1221
Member
Offline
Activity: 266
Merit: 13
|
|
November 30, 2017, 12:45:00 AM |
|
Yeah it's very risky it is because that crypto values are volatile. These currencies are undergoing big ups and downs in a short period of time. You won't know if you'll get a profit or not or you'll just suffer the negative outcome.
|
|
|
|
|
ramsdaj28
Sr. Member
Offline
Activity: 420
Merit: 256
اللعنة
|
|
November 30, 2017, 02:35:15 AM |
|
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 IF you are not watching on the movement of BTC price. Bitcoin and other cryptocurrencies are well known for their volatility - meaning, their price might go up or down anytime. If you put all your money on bitcoin, and left it for a long time there in your wallet or trading account, the tendency is that when the price of bitcoin by that time drops, then you'll lose a lot of your capital/investment. It is good if the price of bitcoin by that time rises up, but that's not the case most of the time. |
|
|
|
|
n691309
Legendary
Offline
Activity: 1526
Merit: 1001
|
|
December 01, 2017, 07:17:08 AM |
|
too risky. yes its growing now but trends are not constant...
It is risky to turn all your money into bitcoin from one aspect. That is, if you are going to invest al your money in bitcoin, then there is a possibility that you are going to face some difficult situations. During such situation, you do need to have some paper money in your account. It is better to save some amount for difficult situations. This will help you in facing all kind of problems. |
|
|
|
|
ahiaba.john@yahoo.com
Member
Offline
Activity: 365
Merit: 10
|
|
December 01, 2017, 07:42:55 AM |
|
It will not be wise if you turn all your cash to bitcoin. For example in my home country we use Fiat to purchase almost all our local goods from the local market. Therefore it will be stressful if you turn every money you have to bitcoin. Gradually we would get there but for now it is not be a wise ideal.
|
|
|
|
|
