is it risky to turn all my money to bitcoins?

[dongyi17]

Very risky.. not unless you're a risk taker kind of a person and you love challenge...besides you never know what will happen till you try, as if nothing to lose unless you try.. that's basically one of the characteristic of a business man.. you can turn your money to bitcoin as investment and saving, it depends on how long you want it and how much you want to give a try..you should be ready then whatever the outcome of your decision..just hope that something good and great is going to happen.

[Angna27]

Yes it is risky to turn all your money into bitcoin as investment, you never know what will happen. Bitcoin's market condition is not stable it's like a roller coaster kind sometimes up and sometimes down, better put some of your money, it's not easy to earn money now a days so you need to be wise.

[Vaculin]

Yes it is risky to turn all your money into bitcoin as investment, you never know what will happen. Bitcoin's market condition is not stable it's like a roller coaster kind sometimes up and sometimes down, better put some of your money, it's not easy to earn money now a days so you need to be wise.

Put a certain percentage or the amount that you can afford to lose, don't be too aggressive as the more the risk will increase.
Never think that it will guarantee profit as nobody sees the future, it could fail and you will end up with nothing, in fact even though you do not go all in, you still have to diversify your investment, in possible not only in one industry.

[chanji]

Ofcource it's risky, the btc market is not that stable for you to invest all of your money in bitcoin, you may lost all of your investments in just a snap without you even knowing. You should not gamble on doing things like that.

[DesmondHayes]

There are a lot of times when I have wanted to just buy bitcoins and save them, hoping they will rise, but I never did, and always regret it

It is supported to buy the Bitcoin with the FIAT but the problem is that with the current value of the Bitcoin best thing that can give you long-term profit is trading with this coin and again buying it when it enters the big fluctuation state. The people profited the most when the Bitcoin was just released and when they recognized the opportunity they grabbed it. I regretted a little bit because I didn't recognize the true power of decentralized currency and I didn't saw the possible progress of the Bitcoin that came to be true.

It is never too late to buy Bitcoin as it will for sure rise in a value within 5 years but don't expect the big profit only from this one coin if you have invested poorly.

[akihiro101117]

Ofcourse it's too risky. Don't put all your money to bitcoin. If you do that you will become a gambler. :p What if you need your money for emergency purposes? What will you use?     

[cokkapaga]

trading is different gambling, trading is need a skill and analysis. we are know that trading of bitcoin is very risky
because the high fluctuation. the best choice do not put all your money, it is better to use your money you can afford to lose it.

[Squirtle08]

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

Of course it is. Anything that involves investing money are risky that is why we have to really think things throroughly. Unless you are a huge risk taker and wants sone adventure in life then go ahead and invest your money. Just like what they say, you have to take the first step to move forward. Besides, we only live once so might better take any chances in life so you won't regret any thing and live your life on what ifs.

[coinsons]

better invest to good ico projects becose now waves 2 of icos money

[rhayot]

Of course, yes. It is not advisable to turn all your money to bitcoin. You can invest your other money to the other things and other money you can invest to bitcoin. Investing in a particular thing should be think twice and be wise. Trading is not easy, we cannot guarantee the highs and lows of the bitcoin.

[Alo Frankfurt]

Why only on BTC , there are a lot of coins to invest in.
There are coins safer than BTC. And coins where you can make more money.

[Drunkenhorse]

Is it risky ? Of course it is, but sometimes risk is worth everything. People who risk , get more emotions and have more potential to become rich  So don't be afraid and take a calculated risk.

[Deborah Christine]

It is very risky to turn all your money to buy bitcoin because the price of bitcoin unpredictable. So my suggestion is use half from your money to buy bitcoin. Dont sell anything like car, or house or land to buy bitcoin. Just use your money you have now.

[kcirnhoj15]

Yes, it is risky to turn all of your money into bitcoin, bitcoin is changing its value all the time and we can't say the fact when it was turning higher again

[DoublerHunter]

It is very risky to turn all your money to buy bitcoin because the price of bitcoin unpredictable. So my suggestion is use half from your money to buy bitcoin. Dont sell anything like car, or house or land to buy bitcoin. Just use your money you have now.

The volatility that makes the investment in bitcoin very risky. You are right that the market is unpredictable but we can find some pattern in the market of bitcoins that will help us to determine if it is really worth it to put all of our money or almost all of our money. If we are going to based to the chart of the bitcoin it seems that the only way of the price is to go up and even though there are lows or dumps, it doesn't matter compare to long term price action so i think that at the end of the day, the risk of investing in bitcoin is not that high.

[odakorlina]

Yes, it is too much risky to turn all your money into Bitcoin. Bitcoin's market condition is not stable it's like a roller coaster kind sometimes up and sometimes down. The best choice as the saying goes, do not put all your eggs in one basket.

[sanjay6121]

yes it is very risky to turn all your money in to bitcoin but the profit in bitcoin is much better than your other investment in any funds. you will continues touch with the price of bitcoin than invest your some amount of money in bitcoin.

[Edward1977]

 Good and bad people in everywhere. So you can invest a risk free amount that you can bear.when everything is invested into it sometimes can't overcome. So it's good to diversify even if the devaluation of the currency happens.

[Asusnumbaone]

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

Yes it is risky because is really risky, especially to those who are afraid of the bitcoin. You should not ask us if it is riaky because you should know that the moment you enter to this forum you should already know the risk. The risk of bitcoin is not so risky but it is so risky for those you are coward. You want to invest in the bitcoin but you are afraid? Take that risk! The riskier it is, the more money or income of profit you are going to earn. Trust in bitcoin's potential and invest in it. I am very sure that you will be happy for the result.

[Samuel185]

Without a doubt, turning ALL your money into Bitcoin can be risky. It is prevalent how the value of Bitcoin can be unpredictable and is constantly fluctuating.Investments in any form are risky but if you want to invest do it in a calculated risk.