is it risky to turn all my money to bitcoins?

[sean.maley]

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.

Yes it is volatile but even if it wouldn't be so volatile anyway it is not really good idea to invest all your money in single financial instrument.

[uDwcHYO]

there is an answer to your question, you can now look at the price changes for it for the last 24 hours and make a conclusion for yourself

[Blackwhite69]

there is an answer to your question, you can now look at the price changes for it for the last 24 hours and make a conclusion for yourself

Anyone can accept this risk if all your money is spent on investing Bitcoin because price changes that take a few hours.

[Lyne01]

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

Definitely, it's a risk to turn all your money into Bitcoin. You have to think twice or many times before doing that. Bitcoin's price now is really high and if you'll buy it, you have to have a huge money. I suggest, you invest half of your money to bitcoin and let the half stay in your bank.

[daarul50]

All things in the form of investment must have a risk each depends on the readiness we make the investment. Turning all our money into bitcoin can be a huge advantage and can also be a disadvantage.

[webdevmastery]

Yes it is risky, There is always a risk in every investment you will going to made in the future but the best thing to do is believe that there will be something good to happen on bitcoins so we should hold our bitcoins longer to earn more profit in the future.

[spooneds1]

It has a risk if your money turn to bitcoin, right now the price is high, if you invest your money now and the next few days the price gets low, your investment will also get to, day by day the price of bitcoin is increasing snd decreasing, we cannot be sure about the price, so think twice.

[Samj16]

Yes it is risky to invest it all because we can never can tell if when it will increase or decrease. For me just invest an amount that you can afford to lose.

[genology]

Based from financial experts, diversification should be done in terms of investments. Why? If you invest everything in one source, that's the only thing you have. You don't have any back up sources in order to support your other investments whenever some falls down. As of now, BTC has not establish a stable growth and this is also one reason why you shouldn't invest everything to BTC.

[Tramle091296]

Yes of course. what if your account get hacked or you forgot you account that`s be a big problem. but to avoid that try to seperates on different account your all bitcoin. to avoid forgetting/ be hacked all of your money...

[randyboy]

Yes it so risky to invest all of your money to bitcoin because bitcoin is increases and decreases its value to the market even if you invest a lot of your money it will ganno drop out if bitcoin is going down so dont invest to many.

[claydeey]

It is very risky to put all your money into bitcoin. Why? What if the price of a BTC falls down and you invested all your asset into BTC. Investing all your money or asset to bitcoin will only make your life miserable. 

[popoypalaboy03]

It never makes sense to put all your horses in one stable. I assume you do not really have 1000 of $ to invest. Still, spread the investment among good coins. You don't need to buy full ones, a fraction of a coin does it as well. but if you are sure about it and u know that it'll b a success story then don't hesitate, though putting all your eggs in one basket can be very risky at times.. but it depends how confident you are and how much research u have done.. if all indicators are good then go for it..

[yonjitsu]

As we already know it, bitcoin's price is volatile that it can fall down or rise drastically at any point of time which means investing on bitcoin is really risky but if only you have the heart to take the risk, then you will probably end winning because although investing in bitcoin is risky, it always put you in a winning column.

[Gondwanaland]

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

Yes ut risky to turn all your money to bitcoin because you don't even know ehat will happen next. But thise risky monebts should take it becaus for us to learn in future. Bitcoin has huge of help so that it is better to take the risk for us to earn and make more money.

[Noesly]

If I ask, I am so fear when it comes to money, for me its so risky to turn my money to bitcoin but my loyalty is here to bitcoin, but if my money become from bitcoin and I want turn it my answer is yes I want to  turn it and if I turn my own money from my other job I think I want to think more before turn it.

[abdullahtahsin420]

All the investor wants to invest in a safe side, in cryptocurrency sector Bitcoin is the most appropriate and stable coin. So its risk free to convert all money into Bitcoin and Bitcoin is the most profitable coin for reserving.

[Leezkie22]

If your an investor you have to manage your money on how to make sure that your gonna invest is trusted. By that you can stop and think if you want to invest all your money to it. But for me you have to balance first. I mean you have take the small investment. And if you think that investment will succeed then you have to take your risk to invest all. But you have to watch it every single day. Because it make took out to you or it make gone. So you have to use your smart brain to invest your money.

[daniel02]

No i think is reasonable to put your money in bitcoin and wait for 3-6months then you well more profit. Compare to bank

[arrmia11]

It depends to the person actually, if you are an investor you would assure if the place that you are going to invest is safe. Investing in bitcoin is not risky so long as you have that money and courage to earn.