is it risky to turn all my money to bitcoins?

[xamil]

Yes it is, but it's your choice and make sure that you always check the bitcoin price if you turn all your money into bitcoin.

[Prince786]

All the investment whales would advice you to put no more than 10% (or at the maximum 20%) of all your wealth in to high-risk assets such as Bitcoin.Bitcoin and other crypto currencies are well known for their volatility - meaning, their price might go up or down anytime.if you invest all your money in the bitcoin the risks you will face become bigger and I do not think it's a good idea.

[GsxR150]

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

Yes, risk if you switch all your money in the form of Bitcoin.We never know what it will be like in the future. If for example the price of Bitcoin going down you will lose. We recommend that if you want to invest some of your money only.

[OFID]

IT's not. I will use me as a typical example. I only have $100 in my pocket, $10 for food, $10 for emergency, so I invest the remaining $80 into Bitcoin and hope I could become a billionaire in 2020. Tips：I sleep overnight in the street, so I don't need extra in my pocket.

[a4techer]

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

Yes of course when you are entering or joining in investment always risky to your money because you dont have any assurance to earn but if you want to earn of course take a risk even there is no possibility to earn but as of now if you can observe that bitcoin was rising and have high value so that dont be affraid to invest and take a risk.

[russelle]

 It’s not really risky but also not a wise thing to do. Invest your money in many business for if you lose in one business you can cover the losses from other coins or business

[Amanda Krause]

It's highly risky. I wouldn't recommend you to do it

[Wittycoin]

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

Ofcourse,  anywhere you put your money comes with a risk. But it ia better if you spare some of your money to some investment,  not only on bitcoin cause it is not wise to put all your money in one investment. 

[Parodium]

Is it risky to turn all your money into a highly volatile cryptocurrency? Yes.

However, depending on how much money it is, it might still be worth it, particularly if you are not dependent on your savings for financial security.

[raymart0720]

yup probably I .. all you will make or do have risk beside them.. that is life especially in bitcoin.. but if you got the rhythm and how to get it on perfect timing you can win win.. I recommend first is to study how it stays on charts. and do research .. I turned my 150 US dollars to bitcoin the value now is 0.00904636 BTC. I take a risk but I know that bitcoin will grow higher after these year. keep earning.

[KingKrypto]

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

I would never do that. Just invest what you can lose!

[WatchMaker]

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

There is always a risk in every form of investment, but some investments are riskier and others.
For me, I see nothing wrong with investing all your money in bitcoin unless if you have a huge responsibility on your head which you take care of all the time.

[Danglen1010]

bitcoin is safe but dont don that that all your money bcoz some country they band bitcoin just to make sure your country accept bitcoin

[denzkilim]

I'll share you some useful words of the day. "Invest what you afford to lose" and "Invest at your own risk" At the end you and only you will decide what to do.

[USScrypto]

I think its not risky to invest on bitcoin even a lot of people have doubt, but when u look to people that have biggest number of bitcoin they dont sell them, so they belive that this movement will continue.

[ehrz22]

Yes it is, but it's your choice and make sure that you always check the bitcoin price if you turn all your money into bitcoin.

But still, it is not advisable to turn all your money to bitcoin, the profit will be huge if the price will continue to rise, but what if it falls down drastically? So for me maybe just invest half of your money to bitcoins. Always remember that you just need to invest what you can afford to lose.  

[Al Amin]

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

Of course it would be risky for you if you invest all your money on bitcoin. I hope you do not do that, act wisely, because bitcoin prices keep changing no one is set, so invest your money partly. The rest you can invest in other things, in anticipation if you experience losses in bitcoin.

[olatslodi]

In my opinion, it is risky to turn all my money into bitcoin. Because the crypto world is volatile to the point that you won't know exactly when the price will go down or up. You can invest the small amount of money that you can afford to lose, so that you will not regret in the end.

[Julia_KA]

It is always risky to bet only on one thing be that bitcoin or smth else. As a wise man said, don't put all eggs in one basket...

[SportsbookBettor]

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

Of course it would be risky for you if you invest all your money on bitcoin. I hope you do not do that, act wisely, because bitcoin prices keep changing no one is set, so invest your money partly. The rest you can invest in other things, in anticipation if you experience losses in bitcoin.

Any investment is risky and before you invest you must think and not afraid for the outcome especially in bitcoin where the price is always changing. Bitcoin price keep changing in the last few days and months and if you are weak in investing and will panic if the price goes down definitely you will lose all your money. If you wanna avoid this you must pick another altcoins too aside from bitcoin then spread it. So you will have your money spread across different investment.