kenjohannes26
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December 10, 2017, 02:55:13 PM |
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It's very risky, take 50% of your money to invest in bitcoin. Because putting all the eggs in one basket is very dangerous, better put in some baskets so you have lots of backups of your money.
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No Gods or Kings. Only Bitcoin
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meliodas
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CryptoTalk.Org - Get Paid for every Post!
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December 10, 2017, 02:57:41 PM |
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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!
Ofcourse it is. It is very risky for you to turn all your money because bitcoin always changes it's value. Bitcoin is volatile and since change is constant in this world, we must always put in our minds that putting our eanings in bitcoin would be too risky because even bank fails nowadays. Just turn some of it to bitcoin and keep some of it. Don't trust too much. |
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Marco Ambrusini
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December 10, 2017, 03:00:41 PM |
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currrently is not soo prudent to turn all your money into bitcoins since its not fully in circulation.it will take a while before bitcoins become a global currency.
For now fiat currencies will use alongside cryptocurrencies..
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NewBet
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December 10, 2017, 03:08:07 PM |
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It is actually riskier for you to hold fiat, because at any moment the fractional reserve banking system could collapse and we would go into a global depression. Bitcoin is a relatively safe alternative, despite the large swings, because of the underlying Blockchain technology.
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sandwichman1
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December 10, 2017, 03:09:54 PM |
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the best is clearly to diversify, put everything in bitcoin is risk, then if one day you need money you will have to come back in fiat
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mogs
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December 10, 2017, 03:15:22 PM |
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Think about diversifying. Gold, silver, crypto, stocks, bonds, IRA... If your open ot high risk put 20-40% of your investment portfolio in crypto and spread it across btc, ltc, eth, waves, neo, omg, xmr, zcash, SALT.... a few I think have long term upside.
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meanwords
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December 10, 2017, 03:16:17 PM |
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Of course it is risky. The Crypto world is volatile to the point that you won't know exactly when the price will go down or up. But remember, every risk has either gain or pain and only risk what you want to lose. If I were you, I would never risk all of my money to Bitcoin but atleast put half of it into man kinds of promising coins out there.
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#CR7
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December 10, 2017, 03:19:37 PM |
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It terribly is extremely is incredibly risk thanks to bitcoin market is very volatile. If you hold your bitcoin terribly lasting it is however otherwise you should not flip all of you cash.
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Cryptozond
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December 10, 2017, 08:32:35 PM |
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There are risks in everything and always. You always need to approach the investment with a cold head and diversify
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Bitcotalk
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December 11, 2017, 09:40:36 AM |
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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.
Definitely risks are there when you are dealing with business thing. Bitcoin is not that much a business but when you are getting into trading and investments then many traits of business can be seen here in this world too. So go for the less risky option when you have many to choose one amongst them. Believe me bitcoin will not make you sad even if you put all your money in it but then you have to be extra sensitive about this. |
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gtsmmst
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December 11, 2017, 09:47:45 AM |
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bitcoin is a very good thing to hold your money, but not all of them, i think much better to hold in BTC just part of money, there is always risk to loose everything  |
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overthetop2011
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December 11, 2017, 09:50:36 AM |
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It is risky , because you put ALL your money to bitcoin. You could probably lost your patience when price keep dropping. If partially, That would be OK .  |
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DoublerHunter
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December 11, 2017, 11:33:25 AM |
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It is risky , because you put ALL your money to bitcoin. You could probably lost your patience when price keep dropping. If partially, That would be OK . That is true. We should not put all of our money in bitcoin because it risky and we will have a higher chance to lose all of our money if we are just going to be comfortable and be greedy investing into one basket only. We should learn to diversify and always invest into something that we know and we should also diversify into different form of investment to have a great type of risk management. |
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jam22
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December 11, 2017, 11:39:17 AM |
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Yes it is really risky for you cause the bitcoin is unstable and it might goes down.
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jam22
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December 11, 2017, 11:44:03 AM |
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It is better if you invest half or a quarter of your money into bitcoin so that it won't loss if the bitcoin will goes down.
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Wintersoldier
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December 11, 2017, 11:50:45 AM |
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It's not just risky but also not a wise thing to do. The wisest thing would be to have a diversified portfolio. Invest your money in various different coins or businesses for if you lose in one you can cover the losses from other coins or businesses.
We are living in a world where almost every move you make, you always take the risk, specially when it comes to saving or where to put your money. The best way to minimize the risk of loosing all your money is to manage it correctly, try to read topics that involve wise decision in saving. If you concentrate your investment in only one way, like bitcoins, it is almost impossible for you to counter the fall if it unexpectedly occurs. |
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Creepings
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December 11, 2017, 11:56:57 AM |
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It is better if you invest half or a quarter of your money into bitcoin so that it won't loss if the bitcoin will goes down.
I think the way you states it might be misunderstood by the people reading it. The price will go down yes, because bitcoin is not always pumping but the amount of bitcoin will never go down. Bitcoin is volatile so I think you might want to be sure that you will be turning your money or fiat into bitcoin, something might happen that you will regret. |
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Pasabm
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December 11, 2017, 12:04:29 PM |
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I think it's very risky if you trade all your money into bitcoin, the bitcoin price is now going up, but we have to see any future can happen including the drop of the bitcoin price. It's good for you to exchange half or some to avoid that risk.
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Vanshenz
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December 11, 2017, 12:08:58 PM |
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Whenever we want to do something there is a risk, so if you want to change all your money into bitcoin then the risk is waiting, depending on whether you want to take risks or not, if you want to take risks, then buy bitcoin with your money all ...
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BitcoinPC
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December 11, 2017, 12:36:22 PM |
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I think it's very risky if you trade all your money into bitcoin, the bitcoin price is now going up, but we have to see any future can happen including the drop of the bitcoin price. It's good for you to exchange half or some to avoid that risk.
Nearly, it is not a big risky but it is not a right that we use our all money on bitcoin or any other investment. But i rely on bitcoin and bitcoin always give us profit so i never see anything bad on bitcoin. I want advice you better to use your half capital in bitcoin and then testing it and if you get success with bitcoin then invest more. |
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