is it risky to turn all my money to bitcoins?

[Ngewex Yuk]

A good and safe way of investing into bitcoin or other investments is do not put all the money, though bitcoin is very promising but we must be aware that the price can drop anytime, as it happened last 3 days.

[wignyopalermo]

for today, turn all money to bitcoin is too risky. as we know, the price of bitcoin is too high
if you want to invest your money in cryptocurrency, i suggest you to invest in altcoin.

[alexsandria]

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

Yes because at somehow point you don't actually know what will happen to your money because we all know that the bitcoin specifically the value isn't that stable so we don't sure if your money if it will convert to bitcoin will rise or will dump. Its either you make yourself safe or you take the risk.

[decoder88]

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

Of course. We all know that bitcoin is a bit risky stuff that will somehow make us more even want to earn it. It is because of its value that somehow point dump but definitely rise as doubled. Turning all of your money into bitcoin will definitely risky because you can't sure that if you will earn or lose.

[markers]

The way to invest wealth just in one asset is too risky, even it doesn’t concern bitcoin. The high volatility of that crypto currency gets that approach even more adverse.

[darkywis]

Its a very risky move. We know that bitcoin can give as profit but who know when it will end. Just invest on what you can afford to lose mate.

[Blue Bell]

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.

Well first of all the question is why would use all you money in investment I think it’s not a good idea to do so that’s why I’m telling to every one before going to join bitcoin understand bitcoin first if you will invest you little amount of money here so it will give you a very good profit and your money can be double so no need to invest all of your money and even rich people are using all their money to invest so only little of your investment can give you a very good profit.

[FLoving]

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.

Obviously, the price of Bitcoin is increasing. So there is no risk if you invest all your money in Bitcoin. In my opinion when you save your money in bank it will involve the taxes and fees. Also the basic value of your money is going down if you keep you money in banks for long time period. In case of you invest in Bitcoin, your currency value will increases as the price of Bitcoin is increases. Any time you feel need of money you can sell your Bitcoin at high cost and get profit.

[Getbdnews]

There is no business without risk, If any one can turn all his money into Bitcoin its his own risk. But i can say Bitcoin is a platform  of highly profitable.

[nick_nick]

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

It is very risky as an invetor do not put all eggs in one basket because the crypto market is volatile if bitcoin decreases you might loose more of your investment but if you know how to play the game of trading you can tolerate the risks you will encounter.

very well said. To put all your eggs in one basket as an investor may be disastrous. Turning all money to bitcoins can result in huge lost if the price depreciates continuously, however it would be safer allow some money to sit in the bank eventhough has no low interest rate

[Tamim121]

It is very risky to turn all your money to bitcoin. Because the crypto market is volatile. If the price of bitcoin decrease then you don't get profit and lose more of your investment.

[pingrabazar01]

Every business has a ups and down , its true. Some business are highly establish like Bitcoin, in this sector investor  can turn their all money to bitcoin in investors own risk. 

[hurremshaikh295]

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

I don't think it is risky, the problem I find here is that without being able to use the money until BTC hits a better price than the one bought.

[Cesas]

It's a big risk! The market of bitcoin is a market that can suffer ups and downs and you could find yourself without money.
I Think it's better that you invest only a small part of your money.
If you are Lucky your Investments could grow  rapidly

[uDwcHYO]

against the background of the current price drop, the price at the time of the creation of the topic was lower than now

[Jose21]

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. The price of the bitcoin is flunctuating , it means that it rises and drops its price . Why would you convert all your money ? Just try it maybe in a not very large amount and when you earn mor, try making it larger and larger until you get what your goal is.

[Skieleton]

Yes. We are not sure how BTC will behave. I would not do it. Too risk of losing all savings.

[kiddeon123]

yes I think its risky because  we cannot predict what will happen in the future. It is a  gamble if you put all your money in it. What I suggest for you to do instead of investing it all to bitcoin is just make a business that will genarate a steady income then just invest a small part of it to bitcoin. In that way it will still be a win win situation.

[qwertyuiop0987654321]

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. It is very risky I think. Just thinking about the fact thst Bitcoin is not yet legalized and you don't know whether it'll end or not. It is like you're gambling your everything. Thou must not turn all your money to bitcoin for your own sake and safety.

[Yur]

Without a doubt, turning ALL your money into Bitcoin can be risky. It is prevalent how the value of Bitcoin can be unpredictable and is constantly fluctuating. Given that scenario, you should be ready with all the possible consequences that is bound to happen due to your actions. It can come to a point where you win some, you lose some or have it all gone so be very smart before converting your money. A part of your money converted will do for sure.