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Author Topic: is it risky to turn all my money to bitcoins?  (Read 37267 times)
kiddeon123
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December 04, 2017, 12:49:23 PM
 #2021

I think investing all your money in bitcoin is to risk, bitcoin is to volatile, it might go down as fast as it goes up, I suggest for you to save some as a financial security, so that you can still have something if your investment fails. But it is still up to you if you will proceed or not. If you will take the biggest gamble in bitcoin and trust your future in it.

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December 04, 2017, 12:50:14 PM
 #2022

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me it is not. Many people says that do not invest our money to the bitcoin because it is not the right time. They say that we should a wait a moment that the price of bitcoin will go down. I think it is not a good decision because I believe that the price of bitcoin will not go down. I think it is better if we should put now all of our money to the bitcoin.
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December 04, 2017, 12:50:29 PM
 #2023

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

Banks can only offer minimum interest so there are some peole tried their luck in investment. But it is not all charms and prayers. Investment requires enough background knowledge and courage. You should also analyze the risks and think of the ways you can lessen it. Investing all your money is a bold move but you should also know that life doesn't have undo button.
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December 04, 2017, 12:55:43 PM
 #2024

is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me it is not. Many people says that do not invest our money to the bitcoin because it is not the right time. They say that we should a wait a moment that the price of bitcoin will go down. I think it is not a good decision because I believe that the price of bitcoin will not go down. I think it is better if we should put now all of our money to the bitcoin.
yeah , im too.
someone tell to me must wait bitcoin price go fall , but i waiting , and never fall but always rising.
everything in this crypto world have a risk , trading , invest , gambling and other activities , but im sure , if u put your money all in to bitcoin , and invest for longtime , i believe.
bitcoin can make your money x2 - x3 who knows ?

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jputra635
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December 04, 2017, 01:01:27 PM
 #2025

It is very risky to use all of your money to invest in bitcoin, we will never know the day bitcoin drop dramaticaly making us lost all the profit, so a better way is to divide them in half and invest them in bitcoin and etherium
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December 04, 2017, 05:12:13 PM
 #2026

Of course, I just like stocks although BTC is steadily increasing in price aside from up and down in the past. But still, do not put all your money in one basket, diversify your investment.  Smiley
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December 04, 2017, 06:36:42 PM
 #2027

It is risky because you are giving your all it is like a do or die scenario even though the odds are in favor of bitcoin I think it would affect your investment if you needed an extra money in case of emergency you might end up cutting your loss instead of earning from your investment if you withdraw it due to unfortunate events.

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December 04, 2017, 06:39:21 PM
 #2028

YESSSSSSSS!!!!
It is very risky! I wouldn't do that! It is better to divide and invest in other good alt coins.

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December 04, 2017, 06:41:47 PM
 #2029

"Never invest more than what you're prepared to lose" the basic rule in investing. Yes it's risky
daarul50
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December 04, 2017, 07:33:27 PM
 #2030

Before you start investing bitcoin with all the money you have, I suggest you know all the risks by first learning the basics about bitcoin, so when deciding to invest all your money to bitcoin then you are ready with all the risk that will be experienced. Do not let you feel sorry for the decision because I think investing in bitcoin is the beginning of the step toward your success.
SonyZ3+
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December 04, 2017, 07:38:12 PM
 #2031

yes I think it's fully  risky to turn all your money to bitcoins.Because, Although bitcoin investment is not a gambling yet I think it's risky.maybe get more profit or lost your some money.
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December 04, 2017, 10:19:50 PM
 #2032

Puting all your money is very risky, because Bitcoin currency always change.The instability of bitcoin's value is a very good reason why you shouldn't invest all or most of your real or hard-earned cash. There are lots of other things to invest in.so never put all your egg into one busket 🙂
triettman
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December 04, 2017, 10:53:09 PM
 #2033

Investing all of your money in bitcoin is very risky. Please remember that the bitcoin's price is very volatile and no one can predict whether the price will increase or decrease.
paul00
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December 05, 2017, 12:24:53 AM
 #2034

Yes, turning or investing all your money in bitcoin is definitely a risk. I am grateful of what bitcoin had providing to all of us but it is given that currently it doesn’t have that official acceptance to the world and placing all you money in it will be at risk for not being accepted to other countries or being banned. Also, ee should always remember whether it is in bitcoin or other savings and investment account that our money should be diversified in order to lessen the risk of lossing everything once that particular community collapsed.
Aryadwipanggah
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December 05, 2017, 12:46:30 AM
 #2035

yes, it is very risky if your money is 100% invested in bitcoin. With unstable bitcoin price is very high risk. better some of your money for investment in bitcoin. bitcoin promises big profit, but also in line with the risk is also big
Keptone
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December 05, 2017, 01:08:35 AM
 #2036

It is a 50 50 decision, yes bitcoin has been fantastic so far, yes we know it going to grow way up and multiple folds come 2018, but always remember to scale the risk from 1-10.
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December 05, 2017, 01:17:30 AM
 #2037

To much risk if you do that.. atleast you must have emergency fund and investment fund for a wise decision.investment is risking but not all risk will succeed..
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December 05, 2017, 01:34:46 AM
 #2038

No investor would put all his hard-earned money in bitcoin alone. As much as possible, diversify your investment in stocks, mutual funds,etc.

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December 05, 2017, 01:43:46 AM
 #2039

It is obviously risky because bitcoin is still unstable and will be continue to be unstable for a longer periods of time. Only invest what you want to invest but not all. It is safe to play it that way.

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December 05, 2017, 01:57:21 AM
 #2040

Yes. It is risky i think. You have to play safe, you dont have to invest all your money to one business only. You have to save some just in case if things wont turn well. There are ups and downs in a busines, you have  to be very careful in investing and wise decision making. In bitcoin, although the rate is going up most of the time but its like a stocks market that will fluctuate anytime.
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