is it risky to turn all my money to bitcoins?

[cryptojoe]

Turing your all money into bitcoin is really a risky task for an investor.

[2taps]

Very risky i would not recommend that. Because a friend of mine put a lot of money into a coin and he really needed that money but eventually he lost a lot of money from it and panic selled at the worst point you can imagine. Now he is still trying with other small coins but now he puts not that much money in it.

[cryptojoe]

It is not risky if you buy your money to invest in bitcoin because the bitcoin investment is very profitable.

[Eclipse26]

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

Of course yes. Always remeber that bitcoin was functioning online. You cant get it back when something happen wrong to your wallet. Maybe youll just regret it. If I were you I might put only some of my money to get a profit when it value increase. Do not turn all your money into bitcoin because fiat still the currency that you are going to use in buying things.

[roxbit]

Of course it's risky but no risk no win 

It is certainly risky, if you put all your money to bitcoin. Its like putting all your egg in one basket. For me it not wise because you are making a big investment in one place. We dont know the future of bitcoin what if your profit will not realize and your investment will go to waste? You should not be too impulsive in making decisions like that.

[Artgame]

Turn "All your money" in something  - it`s always risky.  Hope for the good, but risk that amount you are not afraid to lose, if your investment will get a bad scenario.

[7CryptoCapital]

Yes, very risky. When thinking about how economics and politics will affect Bitcoin’s price, it’s important to think on a global scale and not just about what’s happening in a single country.

[evgeshti]

Certainly this is a huge risk! Especially if you do not know the rules of the game and go into the crypto currency only from the banal greed and the opportunity to break a big jackpot and quickly. This kind of activity is akin to a casino, and if you are not ready to say goodbye to the money you brought here, it's better not to start, and even more so if it's all your savings from a bank account))))

[BitcoinZeroTeam]

Yes, it's risky. Bitcoin prices fluctuate, you'll be put in a very difficult position if this turns out negatively.

[someoldcoins]

too risky but it's a gamble

[Aeronrivas]

At first it is risky because your money is now a bitcoin but don’t think negative too kuch because it can give you a profit or it can double or triple your money but it’s takes a time and for me gambling is very risky

[Zenifir]

It's not just risky it's unwise bitcoin can go low as the value you invested on it I'm not saying bitcoin will go up again but its better to still have money for emergency

[Dingdong7]

I think any investment is risky. You never know what tomorrow may bring. Even if bitcoin is supreme when it comes to digital currencies but still there will be some unexpected things to happen. You can invest but do not invest everything reserve for some possibilities.

[Willytom]

Its very risky my dear. You still need a store of value somewhere else. Don't put your eggs in one basket

[network678]

Use all your money to buy bitcoin is like using all your money to buy one stock, of course it is risky.

[Sixconducer]

Incredibly risky. Countries adopting their own cryptos or an increase in nationalism globally could drive the price of Bitcoin down. It's great if you make enough that the dips and crashes won't affect your life, but there's no guarantee your portfolio won't dip 70%-90% for several months here and there.

[Sendah]

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

Yeah that's too risky we all know that bitcoin is volatility and it has no permanent price so it means anytime the price can be rise and it is also can be down, we didn't know what really happen for the future, maybe you invest some of your money but don't put all your money .

[usechain]

I think your decision is very risky. It's unwise to invest all your money in bitcoin. Bitcoin is not stable and you need to diversify your investment.

[Icey47]

I actually invest everything in Bitcoin, but now I'm thinking about buying some Eth and Ripple to diversify my portfolio.

[jankekek]

Yes it is very much risky because bitcoin is decentralized currency and we can't predict the country govt. Mood about bitcoins, and one thing more bitcoin is not stable currency. So Stay away from turn all money to btc.