is it risky to turn all my money to bitcoins?

[shezu007]

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.

i don't agree with the idea of friend that turn all your money in bitcoin because according to my experience its not good to turn all your money to one place because it is very risky and in life no one know that what happen in next sec so we need to take care while taking any step just like that we need to keep our money in some different places so that we can protect our life from a big loss through this way.

[lisa255]

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

So in the bank they are under protection once and the percentage drips slowly, and the bitcoins that put everything, the price will drop and all your money will be gone. The risk is huge, you need to understand that bitcoin is not a controlled currency.

[benmartin613]

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

I have a regular work with a good amount of salary the way i do it is that i invest half of my salary every month into bitcoin rather than sitting it in my bank, ive withdraw all my deposit in my bank and right now its all in bitcoin.
The interest bitcoin is giving is so much than the % of the bank per year, im profiting so much right now ever since im joined bitcoin.

[Vohoanghiep]

You can turn it into Bitcoin anytime you want. At the present time when its price is high, you will not need to do anything but still be able to make a huge profit. However, you need to have a huge capital and must choose the right time. Besides, you have to be sure that you will never lose everything if you lose you, always back up every situation, that is the smart investor.

[Chienna]

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 to turn all your money in bitcoin. It is risky because we don't know  when it fall or rise. But we need to take it because taking risk is part of a business. Take it than regret.

[redsuncrypto]

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

never do that, you should invest in many things, many coin ect. don't bring all your money for buying bitcoin, it's not a wise chose

[cyriljundos]

it's not a danger either is not something you are doing well and I've invested in different bitcoin coins. and I can say that it is not dangerous for my bitcoin money.

[ranggawulung]

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

It is worth remembering about the risks and diversifying your investment. This is how you can earn money. Every investment and exchange of funds can have losses and every person should be mentally prepared for this.

[rpg]

It is not a good idea to have all your money in BCT. It is better to do it slowly and build up the ratio between money and btc untill you feel confident with it

[Harley29]

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.

It’s not a good idea to turn all money in investment because first thing is that there is no need to invest your all money n bitcoin even billionaire are not investing such a big amount in bitcoin and I will tell you a good quality of bitcoin if you invest a little art of your money in bitcoin so it’s more than enough to invest and it can make your money double.

[Mrjitter]

This is a rather risky step to turn all your money into bitcoin better to do it with a certain part of your funds and not all at once

[maariyaam]

Yes it is risky. Because you must still have a money for another thing, like for emergency purposes. When you put all your money in Bitcoins, then when it get hacked then all your money was gone. Nothing left. So better to left a portion of your money in case your investment do not went well.

[hndrk10]

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

You can divide your money into several coins, solid coins. Then the risk will be lower rather than just putting all your money into one coin. It's too risky to go with Bitcoin alone.

[shata]

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

Yes. Turning all your money is so risky thing that is so hard to do. Bitcoin is volatile and turning all your money is not a good thing to do. Maybe i suggest is to mine satoshis and join signature campaigns but not to turn your money into BTC. No one can predict when the Bitcoin's price will increase and fall. You can also turn some of your money and leave some of it for your savings and daily needs.

[The Alchemlst]

Definitely yes! It is very risky but it is still up to you if you are a risk taker then go. But for me, I won't going to do that, just remember the phrase "Only invest what you can afford to lose".

I agree, risking all your money will somehow make your investment a gamble and I think instead of earning it would pose great risk to your investments and may instead harm your investment plans since you go all in, you will not be prepared for unwanted scenarios and unfortunate events. Just go beyond your safe zone but not to far across the line.

[J_Dubbs]

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

It is worth remembering about the risks and diversifying your investment. This is how you can earn money. Every investment and exchange of funds can have losses and every person should be mentally prepared for this.

[Envrin]

It is worth remembering about the risks and diversifying your investment. This is how you can earn money. Every investment and exchange of funds can have losses and every person should be mentally prepared for this.

[Lannie25]

NO, actually putting your excess money in investing in bitcoin is a wise choice. Investing your money provides you a high level of assurance that your future is secure and is in the good hands.

[Nisansala]

yes of couse,  I will not recommend you to turn all money to bitcoin. because no one predict 100% sure. therefore invest money that u can have take the risk.

[b1946ac]

I'm sure someone has already said it but diversify. And that doesn't just mean buy altcoins, since altcoins tend to follow bitcoins price. Add some stocks or other complete different asset classes.