is it risky to turn all my money to bitcoins?

[rockyboy]

It's not just risky but also not a wise thing to do. The wisest thing would be to have a diversified portfolio. Invest your money in various different coins or businesses for if you lose in one you can cover the losses from other coins or businesses.

Such a good advice. All of investment always have risk but it is too much risky if we put all our investment in bitcoin.  Dividing our money may put us at a very low level of risk.

[jrr123]

Right now BTC has only 35% of quota, I think is still pretty safe to stay in BTC.

[Teddy1968]

It's unwise to invest all your money in bitcoin. Bitcoin is not stable and you need to diversify your investment.As many investors say "only invest money you can afford to lose". You can also try altcoins like ETH. Do some research to help you decide easier.

[Geemy]

Yes, it is a big risk when you put all your money in one thing, there is no difference between Betcuain or other This tip because a producer or project in his life does not put all the money in one place

[bgsmrtftboy]

Always keep two things in mind before investing in virtual currency market.
1. Always diversify. Never invest in any single coin. Always try to find more than one coin which has a good potential and a decent trade volume in the market.
2. Never invest every single penny of your savings at once. Always, use SIP route. It is known as "systematic investment plan". The basic idea is to invest a certain amount of money at a certain interval. A little Google search will tell you more about this strategy.

[koyo12]

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

Yes it is. Investing all your money in one business is too risky. Investing in bitcoin is such a good idea but putting all your money that's too much.

[kurt1212]

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

It's too risky. Bitcoin is a good investment but don't invest all your money in it. There are so many interesting business that you can invest your money.

[edengolo]

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

I think so.
You can't tell what will happen tomorrow and you don't want to find you're self in a place that you lose a lot.
Invest money that you don't afraid to lose.

[soy]

Investing is not always profitable. We can not expect that turn all money in Bitcoin will be profitable, very risky if all the money in use for Bitcoin.That's not true even we do not know whether this Bitcoin will remain popular or not and also Bitcoin value is always not stable sometimes down sometimes up too.

[Ram krish]

Yes, don't invest all your money in bitcoin. In future the value will change. So think one or two time before investing all your money in Bitcoin.

[Coup De Grace]

Well in order to get successful you should also experience such trouble or downs in life.. just like in bitcoin ,Investing on it is truly Risky but its the best option for you to invest in this Era we live now..Its normal for you to fail on it but the best thing you can do is not to surrender..Learn how to get more Earnings in bitcoin try new things but you should also be careful..But now Bitcoin is still on its lowest price amybe you just Hodl you holding for now or buy as its now its best time to buy bitcoin

[Alexnelepa92]

Well in order to get successful you should also experience such trouble or downs in life.. just like in bitcoin ,Investing on it is truly Risky but its the best option for you to invest in this Era we live now..Its normal for you to fail on it but the best thing you can do is not to surrender..Learn how to get more Earnings in bitcoin try new things but you should also be careful..But now Bitcoin is still on its lowest price amybe you just Hodl you holding for now or buy as its now its best time to buy bitcoin

Everyone has an opinion and chooses his own way to invest or not, but remember never go at all money especially on credit, etc, play with their own money, start at 20-30% of your capital, and someone says that bitcoin is all bubble, so do not listen to in our time, all is risky , but do not say nothing, who does not risk does not drink champagne.

[MarySher]

For me, i think yes its to risky to turn my all my money to bitcoins. Because pricing of bitcoin is not stable. The increase of its value is not steady. It is not wise if i put all my money, otherwise i used to invest in bitcoin but not all. I do some strategy given to the price value of BTC. It depends how the pricing value.

[Despacito]

Well in order to get successful you should also experience such trouble or downs in life.. just like in bitcoin ,Investing on it is truly Risky but its the best option for you to invest in this Era we live now..Its normal for you to fail on it but the best thing you can do is not to surrender..Learn how to get more Earnings in bitcoin try new things but you should also be careful..But now Bitcoin is still on its lowest price amybe you just Hodl you holding for now or buy as its now its best time to buy bitcoin

Everyone has an opinion and chooses his own way to invest or not, but remember never go at all money especially on credit, etc, play with their own money, start at 20-30% of your capital, and someone says that bitcoin is all bubble, so do not listen to in our time, all is risky , but do not say nothing, who does not risk does not drink champagne.

Bubble or not, this is not the issue. The issue is that you shouldn't invest in one meta with all your money. The same for anything like gold, natural gas, oil, silver and so on.

[solovev]

I would never take so much risk especially if I had just started with investing. You can increase investment as you gain experience but better to diversify.

[Virman01]

Dear Sir.
In my opinion, do not all the money you have made bitcoin if you are not really ready for the consequences. because the bitcoin work system can not be ascertained properly. you should set aside some of your money, or half of it.
Thank You

[Minerall]

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

Yes, that's very risky. You can invest in bitcoin but not all your money. There are so many business you can invest your money not just bitcoin.

Of course there are always risks, I agree. But what I would do, if I had a good sum, which I could use to buy a few bitcoins - I'd do that.

[haster100]

to my opinion, it is dangerous when you  turn all your money into bitcoin because you can lost much of money whenever bitcoin price drop drastically, so my advice is you can seperate your money into many kind of altcoins like Eth, Waves,..

[gigatux]

for me, it is still risky since bitcoin is still unstable and has been decreasing its amount lately but I think it takes a lot of process to make bitcoin stable. 10 or 9 years is still not enough since it is a lot of work but I know it will eventually get there.

[daniweb]

It might be risky to turn all your money to bitcoins but keeping them in a bank is also risky. Money are not made to pe deposited. They need to flow