is it risky to turn all my money to bitcoins?

[lionheart89]

yes very risky because bitcoin is very volatile. you can lose bitcoin at any time but can also get a big profit. i think it's better to use free money for investing in bitcoin.

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[philad220]

Yes of course! investing in bitcoin involve risk taking due to its volatility.

[trashvin]

yes very risky because bitcoin is very volatile. you can lose bitcoin at any time but can also get a big profit. i think it's better to use free money for investing in bitcoin.

Turning all your money her in bitcoin isn't suggested. It's pretty risky. No one knows what wil happen in bitcoin so it's risky. You can invest at most 50% of your money but don't just turn all up your money here because it could disappear in a snap and you'll regret doing that.

[mangkiko]

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

Yeah it's risky.Because Bitcoin is a currency which depend on the internet. If internet dies bitcoin and all other crypto currencies die along with it. Further if bitcoin is banned tgere is a possibility to lose your money.However,either of above facts has a very rare possibility to occur.So as bitcoin will be the digital currency of future we shouldn't just wait thinking that this is not reliable.Otherwise we will be too late. Therefore the vice decision is to invest a certain amount of money.

[Sir Legend]

yes very risky because bitcoin is very volatile. you can lose bitcoin at any time but can also get a big profit. i think it's better to use free money for investing in bitcoin.

I agree, ordinary bitcoin prices go up or down thousands of dollars a day, and I do not think I'll ever put all my money in bitcoin because it will make me stress and always have trouble sleeping because I keep thinking about bitcoin prices.

[EnaksiS]

Sharing the same dream But, be logical my friend. This is very risky. I think nobody should do this kind of idotic thing. You worked so hard to come this position.

[malika]

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

Definitely yes it is risky very risky. But if you do know how to handle stress and also know the risk you are taking you can invest but do not put all your money in one basket because we never know if our investme will grow or loose. So better on the safe side.

[BubblySheep]

You can still put some money in Bitcoin, but also spread it out among other top alt coins like Eth, Ripple, Dash, Monero, etc.. It's safer that way.

[fcf1081]

Yes, it is indeed very risky to put all your money in bitcoin..you better divide your money ànd put only a portion of it in bitcoin and allow to grow there the longer you wait the more chances of earning more profit if you hit the good catch of price.

[Fazlurkhan.kz]

If you have some money and you are sure that you won't be needing it anytime soon. Then investing it will be fruitful for you. But if you invest all your money just in one place, there are high risks in it. What you can do is divide your amount to be invested and choose some good coins to invest in. Some of which I'd recommend are Ripple, Tron, Ethereum along with bitcoins. What this will do is reduce the chances of loss.
All the best investing.

[notyours]

It is indeed risky. Bitcoin , to tell you the truth, is indeed very risky for an investor but those high risks generates a much larger profit for someone who did believed in it. But don't invest all of your money towards bitcoin, leave some for your personal expenses and for emergency purposed money. It is good to invest now but still take a good care of yourself, success is nothing if you are indeed sick.

[Sueb PAs Abimanyu]

Take the risk and enjoy it now. That is principle when starting hold bitcoin in 2015. Without taking the risk, we do not know how much potential (money) our.

[Prem.Soorajpaul]

Not only on bitcoin, it apply with everything. we should not invest our all money in a single scheme. Diversification is always good and more secure way of investment. Right now, bitcoin is very volatile. So not sure,what stage of bitcoin you will require your money back. So keep some money in reserve or invest in other scheme. Long term, bitcoin is very good.

[sasinghal]

Yes it is risky to turn all your money to bitcoins or any other coins because yes till now crypto world is going up but no one knows that what will happen next. If you can take the risk then its upto you. But i will suggest not to turn your whole money, just turn a part of that money to bitcoin.

[RajaJudi]

Of course it is a high risk to turn all of your money to BTC even though those money only stay in the bank for low interest.
I strongly suggest to invest about half or less than half of your money to purchase BTC right now or lower price.
For long term, those money can make better profit than just stay in the bank. Whereas in short term you may make a wrong decision by price goes down of BTC.
So do not take too much pressure such as turn all of your money in bank to BTC.

It will be very bad for you if you lose all of it. You had better have knowledge about trading and be good at trading stuff. You also need to have experiences. If you get all of that, don't afraid to turn all your money to Bitcoin. It also depend on luck too Be patient, keep calm and start investing, bring money to your family.

[Gulayman]

Of course it's risky to put all your money in crypto. Because there is no assurance, especially if the  tokens you hold have been crash

[fogsan]

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

I think that it is good if it is part

[pieppiep]

Of course its very risky to put all your money only into bitcoins as the price of bitcoins is too volatile and it can go anywhere in future as there is not guarantee that it will keep on climbing up and if you invest all your money in it and if price falls badly or if bitcoin disappears then you will be loosing all your money in one shot and no one knows what's the future of bitcoins will be like and that makes bitcoins most risky investment so invest only that amount that you can afford to loose.

[passioncrypto]

Yes, it is indeed risky to turn all your money into bitcoin. Instead of turning it all, it is better to invest about 50% of it. It is highly expected that you’ll get a lot in return in the future.

[fattyforhire]

All of us very much believe in bitcoin, but still there is a small risk that everything will collapse at one point, and you can not do anything about it. Are you ready to stay with nothing? If so, then you are very brave, and you can safely invest in the crypto currency.