is it risky to turn all my money to bitcoins?

[cutecute]

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

No I think it is not risky to turn all your money to bitcoins. You can turn all your money to bitcoin but some store are not accepting bitcoin for payment. There are some online shop that accepting bitcoin because they want to have a single account on it because they know that by using this bitcoin they can earn more money.

[Gheka]

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

Do not afraid to put all of your money in bitcoins. There is nothing to be afraid because bitcoin is full of potential. Bitcoin will give us good future if we will do bitcoin investment.

Many people always say that based on the current market trend and demand, we can predict the price of bitcoin will continue to rise in the future, investing all the money will be no risk but that is just their prediction based on the situation in the past until now, and what we are now saying is the future. We can not know the future, putting all in bitcoin still has certain dangers, so we should be careful and not put all the money into bitcoin, that will help us reduce the risk when we fall into bad situations.

[spyerf]

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

Investing in bitcoins is very risky, given the unstable bitcoin prices. You have to leave half of your money to avoid bankruptcy. do not we just see in terms of profit only. But the risk of loss must be calculated. Because acts that are too daring without calculation are careless actions that only result in loss.

[Mystogan915]

Yes, its so risky to turn all your money into bitcoin. Why? Because bitcoin ia volatile and make sure you know what you are entering, you must understand the risk that you'll be taking. In the you will earn a low interest. It is better to risk all your money to bitcoin than to save it in the bank.

[Ronni]

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

Of course, it is very risky investing in bitcoin especially it is a virtual money. We all know that the value of bitcoin differs everytime, maybe it can go lower than the value that youve invested.
Also, there are some who are scammers, we cant give all our trust on a person who we really dont know, scammers are everywhere, so we need to be always aware.

[Ulumorzki]

Yes very risky because you'll never knew when the value of Bitcoin will goes up and goes down. There is no stability of price in Bitcoin. Maybe you can invest your money to Bitcoin but not all, you need to save for your future.

[ms.rose]

If you can accept risky: lost primate job, lost all your money, get debt..
You can do everything you want.

[Nivir]

Why not diversify it? Around 50% of my portfolio is bitcoin and the rest on different altcoins. Of course this kind of volatile market needs analysis every now and then.

[Potchi]

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 to turn all your money in bitcoin. It is risky because we don't know  when it fall or rise. But we need to take it because taking risk is part of a business. Take it than regret.

Yes! It is very risky, you can trust bitcoin but risking all your money is not really recommendable. Bitcoins keeps changing its value everyday so no one can predict when it will go down or will keep going which may cause loss of all your money. Yes, bitcoin gives so many opportunities to everyone but please dont expect that it will stay always the same.

[patz22]

As I always say, everything has a risk. Right now, it is risky to buy bitcoin due to the events for the past days. The twins withdrew their bitcoin that caused a decrease of value as well as holidays are coming and people need cash for this days. My suggestion is wait until the 1st week of January because there's a chance that it will still go down and that would be the perfect time to bitcoin.

[haster100]

Bitcoins - this is not a stable super-high currency. This is an unstable investment, which will eventually grow and / or decrease. In general, investing all your savings in volatile security is a mistake. Bitcoin can either be instantly reduced or confiscated.

[SlickTight]

Ofcourse that is so risky to turn all your money to bitcoin, because bitcoin is volatile, you must know everything and understand all about investing in bitcoin and the risk you'll be taking. and if your money will stay on the bank you will earn low interest.

[KrisAlex18]

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

It is somehow risky considering the fact that the value of bitcoin known to be very volatile. The change of price is very unpredictable and the only thing we can do to make sure that turning all of our money to bitcoin would not be nonsense is by watching over the dumps and pumps occuring in the market. If you are not going to be smart and wise with your decisions, you will not surely benefit anything from bitcoin.

[marcuslong]

Ofcourse that is so risky to turn all your money to bitcoin, because bitcoin is volatile, you must know everything and understand all about investing in bitcoin and the risk you'll be taking. and if your money will stay on the bank you will earn low interest.

If he has knowledge already why not and if he can accept the fact that high risk of turning all money from bitcoin even its volatile, since the bitcoin price is unpredictable and if he don't have nothing to spend then turning hes money to bitcoin will become the greatest thing because it is easy to earn bitcoin money there instantly.

[bentong talong]

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

Bitcoin itself is already considered as risky so turning all your money would be more risky knowing that there is a possibility that your money that has been turned to bitcoin may rise or fall anytime. If you think it's a good season to turn all your money to bitcoin, then go on and have faith but if you feel like there's a threat in your money because of what has been happening with bitcoin throughout the days, then think first wisely before doing anything.

[malvinlee]

All the businesswill be have a risk eventhough we sell good production or others. Also we keep the money into the bank bcos interest of bank can be down and bank's interest is not too high. if me, I will turn all my money to bitcoins eventhough price of bitcoin can be down and up rise but I am sure I can earn big money from bitcoin.

[Marsouc]

Life is risky As other mentioned, risk all what you wont miss.

[Ico Friends]

If you are enough brave to invest all your money in BTC you will be rich!!

[Eilysh]

Yes. It is risky to turn all your money into bitcoins. Since the bitcoin price or rating is not consistent. It goes up or down. Therefore, the money you converted into bitcoin could either increase or decrease. That’s how it goes.

[zahed]

I think something risky because online related anything is involved highly risky specially in online currency.Because hacker is always try to hack money.I think you can half money convert in Bitcoin it's better.