is it risky to turn all my money to bitcoins?

[Usine]

Bitcoin investing is like poker. It's very profitable when everyone else sucks at it.

dollar averaging is proven not to work

[Monta3002]

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

Every investment is a risk, do not turn all your money to bitcoin just a half of it will do. Yes, bitcoin is powerful and increasing month by month but it is hard to return all your money if the price drops for some reasons and you'll regret it.

[lunaalthea]

Yes it is risky, every decision in investment is a risk but you have to analyze carefully if the risk is equal to the payback youre gonna have and if its worth it. Anyways, in my own opinion.. too much of something is always bad that is why you should not turn all of your money to bitcoins so that when an emergency comes you'll have money

[BlackBeauty]

Bitcoin investing is like poker. It's very profitable when everyone else sucks at it.

dollar averaging is proven not to work

no it is not risky to turn all your money to bitcoin because bitcoin price is grow up some time its price down but mostly going to high and very soon its price will surprise every body by high price and every person who are using bitcoin make their life more precious and more comfortable, so you can turn your all money to bitcoin.

[FRJ]

The price of bitcoin is considerably rising,we all know this.It's price raise upto $12900.......in 06.12.17.I think the price will increase gradually.

But the fact is,there remains some risk.I will never suggest you to turn all of your money into bitcoin.Because,the value of bitcoin is increasing for the reducing number of bitcoin.It can be compared to gold.

So,I think,you can become rich overnight for bitcoin.Again,you can turn into a helpless person.It's upto your fate.Though there is no chance of fall of the price of bitcoin.But it's always a mystery. We can't tell anything before.

So,I'll suggest  you not to turn all of your money into bitcoin.You can turn an amount of money into bitcoin to get the profit.But not all of your money.If you want so,do it as earlier as you can.

[didoubk]

Investing huge funds in btc might be risky because like any currency u might lose or win but considering the btc price and its rate of augmantation in this periode will definatly encourage any one to invest although it will always be risky but no gain will come without taking some risk along the way and the biggest the risk the gain will be bigger and bigger so good luck to every one.

[Johnzky]

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

always remember that ONLY PUT AMOUNT THAT YOU CAM
AFFORD TO LOSE..because here in crypto only the skilled and lucky
wins..and most of those capitalist fails.so better be aware of the risk
in losing what youve got here in this community

[ace4549]

No, it is a wise decision that you need to make. Since as of this moment bitcoin performs excellent performance which gives them a wonderful outcome; wherein every bitcoin values more than Php 615,000.00 through this you are rest assured your investment is in the good hands.

[meepowithaghs]

If you sell the bitcoin when the price is low expecting for it to collapse more but in opposite it grows and you have nothing to do but to deal with the loss. Be wise and do not go all-in when buying or selling bitcoins.

[Visbay]

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’s not risky but I think it’s not a good idea to do so because I did not see any one even billionaire are not going to invest there all money and I will tell you about bitcoin its very good for investment your little amount of money is enough for it just start will little amount and you can make your money double and that’s what I’m doing here from a long time and now I’m  very stable in my life because I have my own business and now I want to start daily trade also.

[Bitcoin2009]

No, in fact we will get big profits, now prices continue to skyrocket so I never hesitate to investing all money to bitcoin.

[rog1121]

Yes it is risky to turn all your money into bitcoins, there is a famous saying never keep all your eggs in the same basket, as you might risk losing everything, invest only a part of your money in bitcoins, an amount that you can risk to put in bitcoins, so that touchwood if you make a loss that would not affect you in a big way. True that more the risk more the profit , but this is only true when you have a lot of resources to put on stake, else one should always play safe

yes it is a little risky , if you turned all the money to the bitcoin  and the rate of the fall down and you need the money for some of your need and you want to use your bitcoin, in this case you will lose some of your money but in major  case you will earn money because the rate of the bitcoin is rising all time.

[carlisle1]

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

Every investment is a risk, do not turn all your money to bitcoin just a half of it will do. Yes, bitcoin is powerful and increasing month by month but it is hard to return all your money if the price drops for some reasons and you'll regret it.

your right mate,investing all your money is not advisable
 in crypto.never put all the risk of losing in just a single source of
profiteering,maybe 1/2-3/4 of you funds is ok because here in crypto
,NEVER INVEST WHAT YOU CANT AFFORD TO LOSE ..

[wer9d25gqj]

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

bitcoin is very risky, you wont know if it is going to increase or decrease in the coming months, I suggest that only invest money that you wont afraid of losing maybe around 30-45% of your money.

[chocolaty]

It isn't advisable to turn all your money to a single investment. This will decrease your chance of earning income. Imagine bitcoin going for a huge dump or even no value at all and all your money is invested in it, although this is not likely to happen, still consider the worst case scenarios. This does not only apply to bitcoin but to all kinds of investments.

[sarjilcse]

I can feel your feelings  mate. BUT yes, Its too much highly risky. i say too much. There is no surety to you can always got profit form it.Meanwhile its heck of volatile. So turning all your money into bitcoin is gonna give you a lot of heart shocks each day. But yes can invest 20-30% of your money for long term.

[christina30]

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

You need to think strategies on how to earn more and to prevent your capital in a possible loss. You dont have to invest all your money,leave some for your savings and daily needs. And have other source of income to fullfil your family's needs and wants.

[codered000]

Of course it's too risky. You should just invest what you can afford to lose so by the end of the day you won't br disappointed. Or you can invest in different kinds of investment to minimize the risk of loosing all your money.

[DBronze98]

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

Please turn all your money into bitcoin if you want as this is an option of smart people. Investing in big potential altcoin like bitcoin is a good option.

[deppil]

Yes it is risky, every decision in investment is a risk but you have to analyze carefully if the risk is equal to the payback youre gonna have and if its worth it. Anyways, in my own opinion.. too much of something is always bad that is why you should not turn all of your money to bitcoins so that when an emergency comes you'll have money

yeah because all investments are at risk and there are times where the bitcoin price situation does not match your expectations or the price goes down and makes you lose. if you use all your money to invest you would lose a lot. that's why using all the money is very risky. so you should have other funds that are kept in the backup of funds