is it risky to turn all my money to bitcoins?

[Pulsarin]

Yes, this is a very big risk. If you decide to invest your money in the crypto currency, then you should not stop your attention on only one of them. Be sure to consider other options for investing your funds.
There are a lot of good altcoins. Be sure to study this question.

[Noilee]

Its not risky, because bitcoin is still increasing and great value, especially in terms of investment. When the price is good you can earn good profit . And its no risky because bitcoin is already an international currency and many uses. Its based on you if you think that is a risky. Its not risky to turn all your money to bitcoins, because bitcoin is most trusted currency and best in investment. Even if we don't know what may happen but we still believe that bitcoin will become legal soon in all countries.

[blackpete]

NO It is not risky to turn all money to bitcoin. Because bitcoin is on kinds of money. It is digital currency. I think bitcoin is more safe than money. Every day bitcoin price is increasing but money price is not increasing. So I think you should convert your all money to bitcoin. If you convert your all money to bitcoin then you will receive a great profit in far future. And bitcoin is safe. There is no risk in bitcoin. So i highly recommend you to convert all money into bitcoin. Thank You. 

[dantheman666]

Its a bad idea to turn all your money into bitcoin. The fact that bitcoin is not accepted widely you will have a hard time where to spend or buy for your needs. I think what you should do is save some of your money and turn the rest into bitcoin.

[daringdiscovered]

Its a bad idea to turn all your money into bitcoin. The fact that bitcoin is not accepted widely you will have a hard time where to spend or buy for your needs. I think what you should do is save some of your money and turn the rest into bitcoin.

I don't think so, i know that bitcoin is not a currency where you could spend it anywhere you wanted. But, you could convert it into fiat so that you could use it and have big profits in the long run also. Investing your money in bitcoin is not a bad idea after all.

[dotts]

Investing all your money into a particular coin such as BTC is a very risky business because what if the BTC price fall down like what happened today and you bought it from a high value. For me the best way is  50/50 invest 50% of your into BTC and the other 50% to altcoins if you do this I'm pretty sure that you will enjoy while you trade.

[appiivenkii]

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

Not only in Bitcoins...any sort of investment if u go all in u r in a deep trouble...never ever go all in on any single sort of investment
weather it is bitcoin or any other financial instrument ...

[Gondwanaland]

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

Yes it risky but you need to take the risk because as you say if you dont turn it your money will sits on the bank abd do for nothing. Take the risk atleast at the wbd if the day you will earn and it can make you money bigger. If you tke the risk you are responsible enough to manage it to make your bitcoin becone successful.

[Qwantoom]

Yes. It's better to buy a good amount then patiently hold than buy all with your money then sell every portion when it spikes.

[chickenfried12]

there seems to be a great deal of trouble at the market rightly frankly if you take the risk of all your money and you want to go back again Bitcoin seems to want to return again But if you want to wait a bit because the day has lost value to the sum 18 000 dollars now 13000 dollars, If you log in your money will become increasingly depreciated My opinion

[haster100]

It's risky to turn all your money into NOTHING. Perhaps eliminate 25% of your investment for BTC and buy it from time to time with your spare changes ..

[Samj16]

Yes, I can say that it is risky because we can never can tell when there will be an inflation and deflation in economy. Just put an amount that you can afford to lose. Save some money for your other personal needs.

[migolmigol]

Of course. Bitcoin trading and investment is not for everyone. The price of Bitcoin is very volatile and you need to know that anytime the price could go dramatically high or have a big drop. Besides, no investment is risky free. Investment always have risks and it is up to the investor on how they can manage and minimize the risk. And another thing, no one should actually turn all their money into any investment. You should only invest the one you can afford to loose.

[Crypto_Ale]

I can suggest you what I did.
50% in bitcoin.
30% in "top 10" altcoins.
20% in penny coins (better: coins below 0,01$)

Point 1 and 2 are simple,for point 3 is required a little skill to find something you think is promising.

Final: I don't know whay you can think about,but I decided to invest not more than 50% of my money.

For example.....assume that you decided..uhm...yesterday for an "all in"....Not so good.

[Azzhan]

Not only risk, and the risk is very big, like this for a few days, the currency has fallen thirty percent, if all of your investment currency, so it's hard to fall asleep these days.

[millgates]

Not only risk, and the risk is very big, like this for a few days, the currency has fallen thirty percent, if all of your investment currency, so it's hard to fall asleep these days.

Correct, bitcoin can provide high profit but also high risk. Turn all your money to bitcoin is not recommend. Don't do that because you will get the bigger psichological attack when the price of bitcoin is fall.

[megalith07]

Do contribute some of your cash not the greater part of your cash BTC isn't steady regarding worth and lawfulness there are chatter that BTC will end up noticeably restricted in numerous nation going for broke will lost the majority of your cash and furthermore destroyed your life for eternity.

[Gen iUs]

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

Yes It's very risky to turn all your money to bitcoins,, because BTC prize is not stable and sometimes is going down. You can turn your money to bitcoin but not all.
You will regret after losing your all money,, Just keep earning BTC to earn money.

[Clos Belmont ICO]

To me it's better to live some part of monet in fiat, just in case

[aakriti]

It is risky to turn all money into BTC. At this time it a bubble in crypto market if blasts all crypto currency including BTC may dip your money.