is it risky to turn all my money to bitcoins?

[Swopon]

There is no risk on that.You can turn all your money on btc and get a huge profit after a while.Also taking risk is the best part to become a successful man.So you can turn all your money to bitcoin

[joebrook]

Taking risk is part of our routine in our daily life,bitcoin is very risky but before you doing a move you need to research first or study so that your hardwork will not in danger,because in this online world there is many scammer in the surroundings.

Although its making everyone lots of money with their investments, i don't think its very prudent to invest all the money you have at your disposal on a single investment, irrespective of how lucrative the investment might be. So i recommend not turning all your money into bitcoins in case there is a slight chance that it might fail.

[Kezio]

Bitcoin is highly volatile, you can't know what tomorrow brings until tomorrow comes. You could invest all of your money and risk making a fortune or losing everything.

[Similificator]

Bitcoin is highly volatile, you can't know what tomorrow brings until tomorrow comes. You could invest all of your money and risk making a fortune or losing everything.

I agree. With the volatility that bitcoin currently has to this moment, i think going all in is quite a stupidly brave idea. I mean you clearly can obviously lose everything you have. An amazing bravery yes. But isn't worth the risk of losing everything. Netter invest moderately and always have something left in your pocket to prepare for sudden emergencies. That's just my opinion tho.

[rivercorei]

 I believe that bitcoin increases in value but people can not see the future
The golden rule of investment is to invest only the money that  you can afford to loose.
Never invest food money, housing, medical bills etc.

[btcprospecter]

It is a risk turning everything into bitcoin and it could pay off in the long run. If you are willing to maybe loose everything then yes it is an option but if you feel you couldn't lose everything then don't.

[yrrehc16]

This was answered a long time ago in real life!
so many relationship were broken, marriage are untied because of bitcoin,
so many family broke up because the father invest in bitcoin

but look at  now whose successful? support, trust and be successful together
the higher the risk the better the prize

[Bellring]

i do not think its risky, if we make all the money we have in to bitcoin. so you have to take a just simple.

[dvillier]

This was answered a long time ago in real life!
so many relationship were broken, marriage are untied because of bitcoin,
so many family broke up because the father invest in bitcoin

but look at  now whose successful? support, trust and be successful together
the higher the risk the better the prize

I think it is not risky, because more time the value of the bitcoin raised. it is very rare in the bitcoin that the value of it fall down. If ther is always raise in the value of the bitcoin then turning all your money to bitcoin is  not risky. It is good for you because the raising in the value of the bitcoin will raised the value of your invest in the bitcoin which will directly increase your money.

[teejayrichard2]

Yes it is risky to turn a your money to bitcoin. Like all other investment bitcoin got its own risk and as the saying goes you don't put all your eggs in one basket. I suggest you use part of your money on bitcoin investment and the other part on other investment. This way you feel more relaxed so if bitcoin price goes down you won't feel it.

[Pewtorn]

Extremely risky, as most in the thread have already pointed out. Just remember that life isnt all about money and as an adult you have to be responsible, even financially.

[Egoitss]

at this point yes, but If market drops by 90% I will go all in.

[Lannie25]

In my own opinion it is not risky that you put your money in buying bitcoin or investing it in bitcoins.
In fact it is a wise thing to do since many people in this world are investing in the company of bitcoin; they will provide you a high level of assurance that your money is in the good hands.

[zdrmay]

Of course it's risky to transfer all the money into bitcoin. The risk is always there. It is better to invest a part, so it will be safer. It's a very volatile market so you need to learn about it if you don't want to loose your money. 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.

[Ponzi Shame]

Definitely because if you invest all of your money in bitcoin then would result all of mode of payment would be in online but would happen if there is no internet or power supply then it would result you no way of paying some of your bills. But at the same time it is also considerable to invest in here because the higher chance of return in investment.

[PPleaseman]

Hello: puting all your money in bitcoin is very risky, hindsight is always 20/20. Cryptos are very risky, at the moment everything is going up and looks so  great but if there is a firesale the door gets small and the prive will drop. If you are in for the long run and believe in the tech you should be okay

Cheers

[BlackBird13]

I think it is too risky. Of course BTC is a high growth currency, but no one else when the bubble will burst.

[johnrickdalaygon]

Yes! it is too risky to turn all your money into bitcoins, bitcoins is playing anonymous and there is no rules if you loss all of your money. investing money in bitcoins is like playing a game you did not know when you were win or losses. I prefer to you to invest some of your money into it and not all your money.

[Ponzi Shame]

it is not risky if you buy your money to invest in bitcoin because the bitcoin investment is very profitable, because bitcoin price is always increasing, which we need patience if bitcoin price according to wait until bitcoin price is normal again and increase. because the bitcoin price is very fast to return to normal again

[Valentina Ambassador]

This is risky!