is it risky to turn all my money to bitcoins?

[Red Fire]

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

I think it is because the price of bitcoin is not guarantee if it always stay higher especially right now it drops from $15K to $11K and it's a big loss if you turn all of your money into bitcoin. Maybe you can convert half of your money into bitcoin, just to play safe.

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[youdacapt]

It is unwise to do so, what if Bitcoin value drops dramatically? All your priced possessions and things you hard-earned for will be turned to nothing. It's alright to put a little of your money ojto bitcoin investment. And then study the market in orser for you to be informed of the upcoming major Bitcoin Value Fluctuations.

not a problem if investors already understand about market fluctuations. the calculation will be stronger in every analysis if it uses substantial funds. But I've never seen anyone with experience using all the treasure just for bitcoin, they chose to stabilize the family's balance sheet in various businesses with very low emotional levels.

[acha1217]

Change your money into bitcoin is very risky because bitcoin's price is very fluctuating, but if you invest using bitcoin in a long-term way it might reduce a bit of risk. I think bitcoin is perfect for long term investment.

[BitcoinPaw]

No it's not because bitcoin is pretty stable currency and you will not lose everything at once. Anyway you are simply switch your currency into digital and will not be able to buy regular stuff

[dan123abacco]

Definitely because you dont know when is the value of bitcoin will increase or decrease. If you invest all your money in bitcoin where do you get your money for your needs. Turn the money you dont mind to lose into bitcoin and by doing that you have a chance of increasing your profit without losing all
of your assets.

[Jhaypril05]

Any investment has a risk to take. You have to be wise in terms of investment. The value of bitcoin is fluctuating no one can tell if its time to buy or sell unless you know how to read candlesticks.

[intoy_victor]

Yeah it's too risky to turn all your money to bitcoin becaue of unstable price. Then if you want to invest here in bitcoin you should try little profit only then if see bitcoin is good to invest then try much more don't invest your all money becsuse you can't predict the price.

[m1c0]

yes it is way too risky to turn all your hard earned money into bitcoin. Diversify your investments is the best you want to archieve, also don't put everything in cryptos but more like other investments aswell.

[siagh357]

No is not risky but you will be very hot if bitcoins vanish or your wallet is hacked. for over 9 years bitcoins has been consistent so putting your money in it is not risky but all your money is a dangerous game.

[Bous]

Yes it's so risky, don't make that mistake! Crypto money is an unsure market, you could loose your money very fast.

[Wolf of Btrex]

Yes it is a bit risky to turn all your money to bitcoins. Bitcoin nowadays is stable and having high price, but we can't predict a guaranteed future for this crypto currency, or for its price. It will be used and traded for years surely, but the price is volatile, it can going down anytime.

[Choii]

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.

Actually, there's no such thing as an easy way when it comes to invest our money especially in bitcoin because the market price is volatile and not stable, so it's so risky to turn all money to bitcoin and like you said you may lost all your money in just a snap without even knowing.

[Soke]

Yes, it is always risky to go all in on anything, especially cryptocurrencies.  Always have some fiat in hand and it would be best to diversify into some established altcoins. 

[serverus]

The more you give the more you will receive. The more you invest the more profit you get. Investing in bitcoin is like gambling. Dont gamble what you cant afford to lose. Always have back up especially in terms of financial. Turning all your money to bitcoin is risky but it worths risking for. Remember bitcoin is decentralized.

[Innocant]

base on my own experience I think it is a bit risky to turn over all your money to bitcoin since bitcoin is becoming unstable. I think you should atleast give yourself a credit or a chance to enjoy your money. and also you should hide money in your bank accounts so it will also increase due to its interest rate.

For me if i will going to buy some bitcoins i will going to trade it into altcoins, Because in altcoins you can gain also a profit and you can change it into also in bitcoin. And if you have bitcoin it is a chance for you to hold it cause we know bitcoin have a potential increasing the value.

[RakknRoll]

in all investment it is so risky to turn all your money even in real state stock it is too risky. In investing bitcoin is very risky thats why when you are planning to invest always remember invest what you can afford to lose.

[Akitot]

It is risky, atleast save the half on the bank 🏦 incase you need cash for emergency situation the you have something in hand,,, and since bitcoin price is not stable you might consider this as point for your plan.... Anyhow its risky!

[giletto]

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.

Actually, there's no such thing as an easy way when it comes to invest our money especially in bitcoin because the market price is volatile and not stable, so it's so risky to turn all money to bitcoin and like you said you may lost all your money in just a snap without even knowing.

The benefit of Bitcoin brings to us is recognized by many people around the world. We can get high profit very fast thanks to Bitcoin. However, You have to be a professional or having experiences in trading. My brother has traded for 10 years. Then he started investing Bitcoin 3 years ago. He lost even 50,000$ in trading process.

[Genosx]

Everything is a risk. Especially when we talk about money and success. There are proof of success that we may see in tge internet but as long as we do not experience it yet, we must hold on and be ready to take the risk. But one thing for sure, if you keep on worrying and getting confused, you will not succeed.
Because if you are afraid to loose a single coin, how can someone give a higher amount of money to you? Turning all your money maybe risky, but the higher the investment, the higher income you will get.

[starmahafuza]

i think it is quite risky  to invest all money in bitcoin.as bitcoin price is not stable,it is not wise decision to invest all money in bitcoin.