Dr.Osh
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Merit: 1004
www.licx.io
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December 05, 2017, 02:01:44 AM |
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actually yes, it's really risky. sometimes people hold their money 50% for themselves, and the rest to the place of investment. but, I think that's really a serious risk when the price goes down, and you're going to panic.
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merlyn22
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December 05, 2017, 02:08:37 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 always say this to people....Invest only what you are willing to lose. Never put money in crypto if it is your last resort to earn money. The risk is there but so are the rewards, so before putting money in bitcoins or in any crypto currency do your research. |
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ihsanskanzaone
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December 05, 2017, 02:19:54 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, 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. will not be at risk if you already understand bitcoin and ask the same thing that has more experience in bitcoin. The current price of bitcoin tends to rise so that this price increase will give you an advantage, even though bitcoin prices are down several times but we can see on the bitcoin price chart even increasing drastically that is what makes bitcoin appeal more than any other investment. If you doubt you will not be able to develop and if you progress without thinking for a moment you will lose. |
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cyriljundos
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Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
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December 05, 2017, 02:22:06 AM |
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it is not a danger to us when we know how to make it. you need to invest in a variety of business-based coins
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Waleed rose
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Activity: 43
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December 05, 2017, 07:09:40 AM |
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If you want to turn all your money in to bitcoins then its not a bad idea because bitcoins could also be used as money because bitcoins is acceptable by almost every shopping and trading centers that's why if you want to turn all your money in bitcoins then its a good idea as you know that the price of bitcoins is rapidly growing up that's why you will not see a face of loss with bitcoins.
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VladimirsV
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Activity: 140
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December 05, 2017, 07:15:50 AM |
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Yes it's all very risky. I advise you, better to allocate 50% of the money you have for btc and the rest for others coins.
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bitfocus
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Activity: 532
Merit: 15
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December 05, 2017, 07:35:59 AM |
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Yes, it's risky, just as the other investments. You should only invest your surplus. I am very enthusiastic about Bitcoins, but I would not turn all my money into Bitcoins. I always buy Bitcoin with the extra money I have and I can afford taking risk on that.
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apumaycry
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Activity: 52
Merit: 0
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December 05, 2017, 08:11:46 AM |
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off course its very risky remember this phrase "only invest money that you can afford to lose " that mean your money can lose anytime so better dont all in but if you are gambler so do it
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TerranceBug
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Activity: 54
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December 05, 2017, 08:15:11 AM |
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Yes! It is definitely super risky. Bitcoin is one of the most volatile assets as such. So, investing in it is a bit of a lottery. Personally, I wouldn`t invest more than 20% of my resources into it. But of course depends on the amount as well.
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Kousei23
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December 05, 2017, 09:08:34 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. For me and based on my experience turning all your money into bitcoin isn't a good move and we all know that it is too risky because bitcoin isn't that stable and safe in terms of its value that sometimes rise and worst dump so in that case it has a possibility that your turned money into bitcoin will decrease or you will somehow be lose and can say that lose money. |
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Rosa Paula
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December 05, 2017, 09:59:35 AM |
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Cryptocurrency investment always risky.yet we invest on cryptoworld.Then we get profits.If you want to turn all your money to bitcoins, I think it's risky.Business risks remain.Yet public do this.Yet Do not invest all the money in Bitcoin.Keep some money for you need.
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Xanxus024
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December 05, 2017, 10:02:08 AM |
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Not a wise decision to turn all your money to bitcoin there is no guarantee that the value of bitcoin will always increase, I suggest invest what can you afford to lose to lower the risk.
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hiscall
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December 05, 2017, 10:09:27 AM |
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NO It is not risky to turn all money to bitcoin. Because bitcoin is on kinds of money. It is digital currency. I think bitcoin is more safe than money. Every day bitcoin price is increasing but money price is not increasing. So I think you should convert your all money to bitcoin. If you convert your all money to bitcoin then you will receive a great profit in far future. And bitcoin is safe. There is no risk in bitcoin. So i highly recommend you to convert all money into bitcoin. Thank You.
it’s risky to put all your one in one place . bitcoin is safe Yes There is no risk in bitcoin , no bitcoin is safe as payment not as investment (move all your money) |
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pinkliar
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December 05, 2017, 10:10:55 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. For me and based on my experience turning all your money into bitcoin isn't a good move and we all know that it is too risky because bitcoin isn't that stable and safe in terms of its value that sometimes rise and worst dump so in that case it has a possibility that your turned money into bitcoin will decrease or you will somehow be lose and can say that lose money. for me it is much better to turn your money into a digital currency but not in bitcoin only it is good also if you have a lot of coin there like you have ethereum , litecoin, waves or any other coin that you think have a potential in the future. |
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naglas
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December 05, 2017, 10:16:44 AM |
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big no, i don't recommend doing that. there aren't settled law about it yet, don't play with your life
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judemarco1996
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Activity: 210
Merit: 10
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December 05, 2017, 10:20:14 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!
maybe turn just small amount of your money |
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Dendy69
Newbie
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Activity: 16
Merit: 0
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December 05, 2017, 10:31:33 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!
No risk at all. Absolutely safety. After all, you yourself are saying that your money is in bank with no profit. So come on! P.S. Don't do it. |
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tuniscu
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Activity: 25
Merit: 0
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December 05, 2017, 10:31:51 AM |
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This is an option not to think of turning all your money into bitcoin, you should do it instead of thinking ok or not.
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Rascar Capac
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December 05, 2017, 10:32:47 AM |
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Yes it is really risky to invest in bitcoin because it is volatile currency and in each second it’s value is changing rapidly....
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DoublerHunter
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December 05, 2017, 10:44:51 AM |
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Yes it is really risky to invest in bitcoin because it is volatile currency and in each second it’s value is changing rapidly....
It is alright if you are going to invest in bitcoin for long term and you will just buy and hold it for long term. If that is your plan in investing money in bitcoin then it is not risky to put some money in bitcoin but don't forget to only put the amount of money that you can afford to lose and not all your money. |
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