is it risky to turn all my money to bitcoins?

[steve25]

Just put the money you don't need. I advise as well don't quit your 9 to 5 job as well since you never know what can happen. And yes,  don't put your savings. That will be just pure greed.

[edsnow2017]

There's a saying don't put all eggs in one basket..
Invest only what u can afford to lose bitcoin price is changing time to time

[nuela]

it's risky if money is converted into bitcoin, all we have to do is convert bitcoin into paper money. or you use bitcoin as a profitable investment in the future instead of using money as an investment tool.

[millgates]

There's a saying don't put all eggs in one basket..
Invest only what u can afford to lose bitcoin price is changing time to time

Correct, it's can makes our investments more secure. Many billionaire bought bitcoin and ETH as well, although bitcoin is more profitable for them. It's because we don't know what is happen in the future. In my point of view is bitcoin is prepare to show it's power and huge pump in the price.

[globalking]

no, it is not at all risky by the way it is a great idea by just putting your money into bitcoin you can multiply your wealth while it is not same with the banks.

[leimzdyh]

So risky.just invest what you can afford to lose. Bitcoin price is unpredictable.

[shaheer001]

Its 100% risk never put all eggs in one basket. specially don't invest all your real money in crypto currencies as at the moment all crypto coins including Bitcoin are risky so always take risk but never put all your money in Bitcoin or crypto coins.

[Jumli]

When it comes to malicious threats such as hack and scam, this is the worst thing to happen if you invest all your money through btc, you can hardly recover your money, i usually suggest 30% of it to btc and the other just hold it bank for case emergency and future goals. Be careful always in handling btc because there are so many worst possibilities that may occur when wrapping it.

[Satish147]

Always too risky to invest your entire money in single asset or any. And cryptocurrency market itself is too volatile and new. So invest only what you decided to loose.

[Winderer]

Focus on altcoins. They can put you in millionaire's list.

[Joshapat]

I think it's too much to put all the money in bitcoin, as we know that bitcoin prices can go up to thousands of dollars a day so if we put all the money then we should be prepared for that risk.

[chamaraprabhath]

Yes there is a high risk if you invest your all money only in bitcoin. if you are new for bitcoin and for cryptocurrency think more times before do this.. Because investing in bitcoin is more profitable when compare with other investment opportunities. This profitable is arise because of high risk. You can be a millionaire or even billionaire after invest your all money in bitcoin. as well as you may be bankrupt of loosing all money. Then always take a second opportunity. Invest half in bitcoin and half in other bank or somewhere under law risk.

[zemb]

I think it is very dangerous, you should have enough living expenses. The price of BTC is volatile. If the price of BTC drops after you buy it, I think it will be a big blow to you.

[Assab101]

If you gamble and turn all your money to a bitcoin its to risky. Maybe if you turn your extra money to a bitcoin and go investment or trading maybe its not risky at all.

[kalph22]

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

Yes! It is to risky to just invest all of your money. It's better to hold some money in the bank, Because bank leaved longer than Bitcoin, and well known in the whole world on saving or keeping money. Although there is some issue that in banks have corruption too like hidden fees. I suggest to you split your money, invest your money in Bitcoin and keep some in bank, We don't really know what will happen in Bitcoin future, it may crash or it may go very high.

[Jiryuu]

Yes it risky because we don't know when bitcoin gonna be down

[SAYDAKHMETOV]

I think that money should be invested in different assets, not only in bitcoins

[koyo12]

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

Yes, that's very risky. You can invest in bitcoin but not all your money. There are so many business you can invest your money not just bitcoin.

[FairUser]

yes it's risky first see the hole things about bitcoin what is going on in the market all depend on the market prize if we investing we should know first the prize going up or down btc is good way for invest but these day's we have to think first and invest on it volatility
is on high from the starting to now there is lot of changes in btc and other crypto its helping to the people ones you are indeed in it then you have to keep it on hold but it's depend on market prizes if good you can sell if not keep it on hold simple but risky.

[salutuba]

yes dear please be safe side many counties still not accept and many counties also have no any regulate rule so may be its very risk.
its only my opinion.