is it risky to turn all my money to bitcoins?

[ceyceyki]

It is very dangerous to put all your money to something. For crypto market, you should devide your money into 4. So you can put 1/4 of yout money to bitcoin and the rest 3/4 is to altcoins. This is a better idea.

[Chainblock]

Yes the thing you will do to exchange all the money with bitcoin is a risky thing. At least you have some enough paper money to spare if the bitcoin price goes down.

[denzkilim]

Yes it is. Bitcoin is so volatile so it has a 50/50 possibilities whether you will gain or loss.

Yeah it's not recommended to trade all your money to bitcoin. The price is unpredictable it can rise for a short period of time and vise versa. just invest what you can afford to lose.

[jayram]

All investments are risky because there is always a degree of uncertainty since none of us can predict the future. I suggest if you want to invest in bitcoin or in any investments, invest only what you can loose, investing all is just not wise and may compromise your future if it did not work out.

[heureca]

Yes it is. Bitcoin is so volatile so it has a 50/50 possibilities whether you will gain or loss.

It is better to hold 50% BTC and 50% of top-altcoins (such as ETH, Monero, IOTA). By this way you will have balanced criptocurrency portfolio

[The Monkey King]

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, but everyone needs to take eisk because if they don't they don't have a future. Taking risk os oart of a business to earn a lot for their future. Also it is better to take risk than do nothing on your money.

[Loopper]

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, but everyone needs to take eisk because if they don't they don't have a future. Taking risk os oart of a business to earn a lot for their future. Also it is better to take risk than do nothing on your money.

I agree with you because You should do something that has a great chance not to do it at all.

[ShineftChaos]

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

Yes, specially if you put all your money in one basket. We all know that it may get high or low. We don't know when it will exactly stop raising its value or it might get on a big dump.

[wel24]

Yes it is very risky to put all your money to bitcoin because of its volatility.You need to put in your mind that  its an investment anytime you will loose and win so you have to remember that invest the money that you can afford to loose without affecting your daily badget.Much better diversify your investments or money to different programs.

[shairblogger]

Yes its too risky and many crypto experts says that's not good way to invest all of your money to bitcoins...

[ahz0987]

In my opinion it will be risky but everything will be risky,i suggest you buy half of you money is good,but it just my advice,you should have you own opinion.

[halenephthys]

Yes. Like any other investments. it is also unstable. The numbers in the market is changing very fast. Either it shoot up in value or fall. So better decide first on how you are going to handle your money. On how many would you invest here. Just have alternatives to avoid regrets.

[zdrmay]

I think it's highly risky because bitcoin is volatile. But, if you want to be profited you should turn all your money to bitcoin when the bitcoin price is low. Then if bitcoin price rise again exchange it again to a real money. By doing that I think it will lessen the risk of losing all you money.

[mjnick01]

is it risky to turn all my money to bitcoins?
There's nothing wrong with all your money to make you bitcoin
because you're investing because it grows spontaneously
and inclined to all no problems
because while the bitcoin value increases

[Dapper]

Very risky... but if you don't have any debt, own your own home with no mortgage (or live in your parents home that is already paid for), if you're young, don't have children... well, sometimes life rewards those who take risks.   Usually it will squash you like a bug, but it will sometimes reward those who take risks with big rewards.

 

[Fitrilalala]

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

Yes it is. If your hospital, electric bill, gas, water, and your children school fees receive bitcoin as the payment its not have a risk then.but if not u still need keeping your money to pay your living expense. Since there is not a lot store or shop receive bitcoin as the payment. You need balance your investment and emergency fund dont use it all to bitcoin even the money just stay in a bank think it as your saving for emergency stuff.

[aerozep10]

Yes it is risky, you should make sure you diversify. 

[7788bitcoin]

As we can see from the bitcoin network it is clear that the bitcoin value keeps on increasing year after year with a thousand times the value at the beginning of the year,so turning all  your money or investment into bitcoins will definitely get you good profits if it continuously keeps on increasing as that can help you get good returns on your investment at the same you should be ready to take the risk.

[CR7_JUNIOR]

Bitcoin is that the digital currency. Within the net world is extremely risky, don't you modify or invest all of your cash to bitcoin. As a result of investment is certainly a risk and within the net world is extremely abundant hacking. Invest a number of your cash to attenuate the change of loss. 

[zemb]

I think if you're a good trader fundamental and technical analysis then you this one is for you turn all your money into bitcoins. You just be sure you have a cold storage wallet or hard wallets to save your bitcoins