is it risky to turn all my money to bitcoins?

[Doni Ariyanto]

When you buy bitcoin at a high price and sell bitcoin at the current downtrend, it is a risk you choose yourself. Be calm and do not panic at all, keep save your bitcoin until bitcoin price returns or even soar. I'm sure 2 or 3 months ahead Bitcoin will be back to normal.

[antosionta]

yes it is risky man.
i think you should use bitcoin as your investment only, but not using all of your money

[karman383]

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

risk is always there in this investment, for that you must be good at analyzing the rise and the price of bitcoin. I think many factors can affect the increase and the price of the turmoil and you can learn it through references that you think good and reliable, to reduce the risk of loss . I see the rise in bitcoin prices is so high that you have a great chance to earn huge profits, but if you still hesitate try to change your money partly first. hope we all can get big profit through bitcoin.

[AlexanderAnthony]

Yes it is!
if you are an investor and have a stable work investing all your money in bitcoin is too risky, me as an stock investor we are train to allot a special money that is only saved and used only for investing purpose. It is using the diversification method were you minimize the risk in investing it's about managing your portfolio by holding a variety of different investments that have low correlations with each other.

[grabpopcorn536]

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

Many people say that if it turns out to be all Bitcoin, it is very risky because it is risky, I also think that Bitcoin should not be turned into money and should not be kept. but there are also many risks that Bitcoin is a place that many people think of investing in Bitcoin.

[vitsexy]

I think it's too risky if we put money into bitcoin, if just put in the bank the money may be very low results but there is a level of security if the bank, I think if you want to succeed should dare to take a step, If it is in bitcoin we will succeed why not, whatever we try or work must already know will lose or will succeed

[MrRiuss]

yes, it is very risky to turn all your money to bitcoins. never put all your money in one type of investment only, if you put all your egg in one basket only, when the basket is fall and broken, all your egg will be broken too, thats you can imagine it about your money

[gaby0312]

Yes it is very risky. Well, your money sleeps in bank but at least your are sure it can't run away. If you have any trouble and don't have access to your money when you need it the most, you might lose a lot. So be careful.

[colmenajose]

Of course it is risky to convert all the money into bitcoin, since every person must plan their expenses and investments, according to their income. What is invested in bitcoin must be an amount that does not affect the normal expenses that are generated for the normal maintenance of a family.

[gjtnwls1]

Yes, it is very risky. Even in good market, it is not a good idea to put all your money to bitcoin. That is not healthy investment.
You only invest your money that it is ok to lose and it does't harm your everyday life. Otherwise don't do it.

[MIZANUR5033]

Bitcoin is a very useful coin and it gives us very much benefits and facilities but we may face with some problems by dealing with it. If anybody losses then he/she will lose a very big amount of money. So it is very simple to say that turn all money into bitcoin is not a very good and wise idea.

Bitcoin changes that are rate at regular interval and no one can predict that price will increase or decrease and if it decreases then you will see the face of loss. I think we should invest there that amount which will not affect seriously if we lose that.

[SteshaScott]

To my mind, it is very risky to turn all your money on bitcoin. We all know that the value of bitcoin always unstable. You can get more profit on investing on bitcoin because the value always increase than in bank.

[isomoyes]

Of course it's full risky as a investor never put all money in place . You should invest 50% of your current balance and other 50% for backup.

[gabinsight]

It is not actually a bad decision, but it is highly risky. Bitcoin like we know is highly volatile. The bank obviously is a very safe way to keep your money although the interest may be little or none in some cases. Bitcoin in the order may yield more interest if you lucky and a great loss if you not so lucky. So it will take lots of guts from your part to invest all your money in Bitcoin.

[YuTü.Co.in]

To my mind, it is very risky to turn all your money on bitcoin. We all know that the value of bitcoin always unstable. You can get more profit on investing on bitcoin because the value always increase than in bank.

Amazingly, that post has yet earned any sM because ...

[Iphone7s]

I guess you must have been seeing warnings from long time gurus that bitcoin would crash one day. Like you'll just wake up and it'll be gone. So don't use all your money for long term investment. YOu can ride the wave of it's increment IMO

[Crash21]

It is always lame to risk everything because you never know what will happen in the end. Maybe bitcoin will dissaper or something else. Much better not to try this.

[Nevkeke]

Yes it is risky. All money turning is always risky but turning all your money on bitcoin is very risky. I would recommend investing in non-harmful amounts

[ross.gomez520]

Personally i blv bitcoin.But as the perspective as a investor it will be unwise to invest all capital into one single financial asset.My thumb is up for the bitcoin bt who knows the future.

[doreraj]

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

first, that came into a mind "of course yes")
but it pretty much depends on your situation, if you have sorts of income and this cash it's just really do nothing,
you can lose it and still continue you being on the same level of comfort,
that's maybe a good chance to win out of this risk...