marzyyy
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January 21, 2018, 02:32:08 AM |
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Manage your finances wisely. Getting hyped by an investment and putting all of your funds in it is way too emotional. Not a smart move. Plan it first. Set aside funds for your family's daily needs, the kid's education if you have any, funds for emergencies and funds for savings. Anything that's left can be used for investments. Doesn't matter if its in cryptos or the stock market or real states. Good luck bro.
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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yesuidanggan
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January 21, 2018, 05:22:19 AM |
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Investing is risky!
Don't put all your eggs in one basket!
All of you should be effective in portfolio, reduce risk!
You can't invest all your money in one project, you should diversify!
BTC is also risky!
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eldharwp
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January 21, 2018, 05:26:31 AM |
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yes, that's too risky. I suggest you put money that out of your daily need and out of your bill, because if something bad happen you will not get in trouble. and if something good happen you still get profit from it.
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Lodipetmalu
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January 21, 2018, 05:33:37 AM |
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Don't turn your all your money into bitcoin, besides from too risky, what will you use in your daily needs. Bitcoin, you wait for longer period to earn so if you turn it all then how will you live without money.
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Nyenyepogi
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January 21, 2018, 05:37:38 AM |
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Yes it is risky to turn all your hard-earned money and possessions for bitcoins, bitcoin value does not always go up and down as we all know, and we never know if one day it will receive a huge rate drop. It is wise to invest a bit of your money on bitcoin and study the market well.
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Singbatak
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January 21, 2018, 05:40:40 AM |
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It's a bit risky, because you can not tell how long it will take bitcoins or cryptocurrency, put your money in a place you can hide, but for me the best is at the bank. So now it's still your decision, it's a scary thing to make money especially if it's a big deal. Hopefully you can decide the right. Because Money is now hard to earn, especially in the modern world, that everything can buy.
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Indai24
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January 21, 2018, 05:45:57 AM |
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It's a bit risky, because you can not tell how long it will take bitcoins or cryptocurrency, put your money in a place you can hide, but for me the best is at the bank. So now it's still your decision, it's a scary thing to make money especially if it's a big deal. Hopefully you can decide the right. Because Money is now hard to earn, especially in the modern world, that everything can buy.
It's up to your will because in every investment there is always risk so you're the ones responsible however based on bitcoin's current status we can say that it may increse its value. And soon it will rise. |
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brightamo
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January 21, 2018, 05:57:45 AM |
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Yes is the most risky venture anyone will advice you to do. What if we wake up and bitcoins and blockchain is no more. All even government polices banned bitcoin outright without informing us. It is too risky to do that.
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Prk_7
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January 21, 2018, 05:58:48 AM |
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To turn all of your money to Bitcoin is definitely a risk because there no definite time period in which you know that you'll be booking profits from the cryptocurrency. The growth of Bitcoin is not stable enough to entirely rely upon it. Rather invest a good amount now, when the market is down and wait for sometime. Even have a backup plan as to what will you do if this doesn't go your way.
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BadGuy1945
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January 21, 2018, 06:25:30 AM |
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Yes it is risky to invest all your money in bitcoin.Bitcoin act like a coin if profit is one side then the other side lose.It's all up to our luck and demand of bitcoin in crypto market. If it's getting low and we got loss on our investment,then we need some money to survive this crisis .So investing all your savings in bitcoin is a stupid idea.
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Kasliono
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January 21, 2018, 06:29:35 AM |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Absolutely yes my bro, You have to think twice before you do that, As we know that the prices of btc has a fluctuative prices, So it can make you poor in a day when you put all of your Money. Beside that, it can make you rich in a day too. So it depends on you, high risk high return.  |
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cryptorampage
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January 21, 2018, 06:30:03 AM |
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Certainly yes it is too much risky to turn all your money into Bitcoin , Bitcoin price is not stable right now. But you should not invest all at once. If you want, you could do hedging your fund. It will be better option. Try remember one witty quote from Warren buffet "don't put all your eggs in one basket".
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johnlhy251
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January 21, 2018, 06:31:25 AM |
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yeah! if you want to invest in btc you must know how to trade.
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Maureenjoy
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January 21, 2018, 06:53:12 AM |
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On my opinion, yes it is risky to turn all your money into bitcoin. Because the market is not that stable, there are times it goes higher and other times it goes down. So all your money that you turn into bitcoin will be affected if the price of bitcoin goes down. You should only have a few amount of money invested just to avoid loss on your profit.
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edsnow2017
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January 21, 2018, 07:38:48 AM |
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As you can see all answers are yes and for me it's a yes also because the price of bitcoin was not fixed  lets put this in perspective let say you have $10000 cash in your hand then you turn this into bitcoin then you got let say 0.84000 BTC in your bitcoin wallets then what are the possible risk? 1st is that 0.84 BTC is not same value as $10000 because the price of the BTC fluctuates time to time. 2nd the wallet you are using might become hot in the eye of hackers see hackers re everywhere they can steal money whenever they want so it is suggested to secure your wallet if you have such money. 3rd you might lose money Bitcoin is a virtual currency if you are not careful in joining in investment platforms online that accepts bitcoins.Then the possibility is you lose money. for me that's some of the risk in turning all your money in bitcoins. |
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Akosibatman
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January 21, 2018, 07:39:22 AM |
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In my perspective, yes because turn your money into bitcoin can be risky. We are not so sure bitcoin's value in the future so i think we should earn bitcoin not buy bitcoin. But if you are brave enough you can turn all your money bitcoin and when the time bitcoin's value increases, your money as well increases.
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ms.moon
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January 21, 2018, 08:06:22 AM |
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Even your money is already in your wallet, it's risky because it don't get profit but also devalued cause inflation.
So if you want to invest Bitcoin, just understand about it and know the way to get profit from Bitcoin.
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meidut
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January 21, 2018, 08:18:32 AM |
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It's risky no argument in that ..BTC cannot be replaced with all your money cause the BTC market is highly volatile..Bitcoin has not that level of security as much as real money ..People can lose all their money in a couple of seconds in bitcoin. mainly the insecurity is it's fluctuating price if you are an investor you would not prefer to change all of it into some currency
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kkofor
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January 21, 2018, 08:37:12 AM |
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certainly. although Bitcoin is the best crypto in the world, but it is too risky when investing all your money. You should not gamble.
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gerrypot
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January 21, 2018, 08:57:38 AM |
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Yes.It is very risky, and as the saying goes, never put all your eggs in ONE basket. Have yourself at least many options(From a -z) to deal and invest your money. Bitcoin is promising as an investment but market is not that stable. You might not want to wake up one day losing all your hard earned money because the market crashes without you being an aware of it. Try to put little of your money and let it roll and roll as you earn. Or try to pull back your earnings and try to put it in other investments as well. Think and decide carefully what you think is the best for yourself.
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