is it risky to turn all my money to bitcoins?

[CoPil]

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

It's good if it includes all your savings in the bank. Unlike others who sells their home for BTC.  Risking the money you save for bills, food, taxes, etc. will not do you any good. So if you'll use the money you save that is really dedicated for your future investments, then that a great Bitcoin investment! Everything that is reserved for the things that you need should be kept and spent only for those things. If there are excess from the savings that you have, don't hesitate to risk that for BTC because everythign will pay double or triple your investment.

[tokexchain]

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

You could always find a good staking ALT coin and gain on your holdings, even masternodes are great ca$h generating machines now!!

[KinDzaDza]

The collapse of the bitcoin, which occurred in January and continues now clearly shows how dangerous  to keep all the funds in the BTC.

[shoreno]

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...

yes , but even banks had also a risk because i always seen reports on the past that the banks were unexpectedly closed without valid reason and maybe they pull off a scam , therfor banks arent safe at all. much bettter if you can put that whole money in bitcoin because it can grow more rather than putting it in a bank with only low interest per year. if your scared enough to put it all , then allocate only amount that you can afford to loose, for example put only 50 to 30% and so on.

[dangwapo311]

Yes it is definitely risky to turn all your money to bitcoin. Like everyone said, bitcoin is volatile, today the price is so high then tomorrow the price suddenly drop. When dealing with bitcoin you are taking risk. So the best you can do is invest in bitcoin but save some for future emergencies. It is good to be always prepared.

[KesoNie]

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.

Of course it is risky, though we didn't know what will going to happen in the end, we still have our own feelings and guts towards this, we have already that guts in ourselves what you were taking at if you turn all your money in bitcoin. Sometimes we just have to believe in our guts and also follow our guts too.

[madgpt]

Yes it is! I strongly suggest that you may invest the amount that you can afford to lose. Or you may want to participate in trading. In trading you can generate profit fast unlike holding bitcoin. Holding bitcoin is so risky you didnt know when it is going up or down. In trading you can use trading tools like reading graphs and using trading tools like tradingview.com you can fairly predict that prices and you can also determine which coin is going to pump or dump.

[Vaculin]

Yes it is! I strongly suggest that you may invest the amount that you can afford to lose. Or you may want to participate in trading. In trading you can generate profit fast unlike holding bitcoin. Holding bitcoin is so risky you didnt know when it is going up or down. In trading you can use trading tools like reading graphs and using trading tools like tradingview.com you can fairly predict that prices and you can also determine which coin is going to pump or dump.

Trading is not easy, it also requires skills and since the price is volatile there is a big risk whether you are trading or holding long term.
Whatever you choose, you have to ensure you have the necessary skills to help you make investing or trading as your long term journey that you
can make a consistent income.

[claydeey]

Investing all your money in Bitcoin is a very risky decision because BTC price do not keep on going up like what happen today the price of BTC and other altcoins just keep on dumping.

[Tukang Becak]

Yes it is! I strongly suggest that you may invest the amount that you can afford to lose. Or you may want to participate in trading. In trading you can generate profit fast unlike holding bitcoin. Holding bitcoin is so risky you didnt know when it is going up or down. In trading you can use trading tools like reading graphs and using trading tools like tradingview.com you can fairly predict that prices and you can also determine which coin is going to pump or dump.

Price prediction is not easy and like gambling that has two sides, one side can be profit and loss, I think we should be proportional in bitcoin investment because there is no certainty and can guarantee that anything can profit. dividing money into different types of investments is a better thing.

[SmokerFace]

Yes it is risky to invest all of your money into bitcoins, Just invest the amount that you can afford to lose like 20% - 30% of your money even that you're sure that bitcoin is a good investment and you're sure that it will not disappear soon or destroy and what if you'll stuck on the higher price for about a few months then you need to withdraw your money for emergency purposes? So your trading plans are get ruined because of that.

[thesmallgod]

of course, it is risky. remember crypto coin is not regulated and just the way you lose money when you gamble you can also lose some of your investing. besides why will you turn all your money to bitcoin?. what will you be spending. you do not have financial budget.

[sergio red]

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 risky to invest all your money to bitcoin.an important risk factor for the future of bitcoin is when it will achieve a stable value. stable prices are an important quality of a successful currency. If prices are too volatile, it becomes risk to own the currency, accept it as a form of payment.but  you have to remember that all kind of investment is risky.but when you invest all your money there is a probability to loose money.so you invest a amount that you can afford to loose.but this risky investment can make you rich faster than other investment. if you are a risk lover then you can invest in bitcoin.but if you are a risk averse then it is good to put money in the bank and get interest. no risk but you gain some money.

[bad_apple]

Yes, it is super risky. Bitcoin is volatile thus it is not stable enough to be trusted with 100% of your financial assets. You must know what to invest and what to save. There are all kinds of danger present in online and offline, such as hacking, phishing, scams, and the like. Also, whatever choices we make, there comes responsibility. We must be accountable on every action we make, so we should be careful enough to avoid regrets in our life. We can invest on bitcoin, but make it some less than half percentage of your income to be sure in case.

[Flickkk]

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

it is risky AF bro.
you can use some of it for cryptocurrency .
if you lack of experience in coming in the world of cryptocurrency you can't produce a good output/profit of what are you
expecting .
trading all you real money to an intangible internet money. it is not a good idea.

[Virman01]

obviously it's very risky, you better set aside some of what you have for bitcoin, do not let everything you have to burn ash if you feel a big loss.

[daduremi]

but if you just keep it in the bank, your money will not grow
but if you want to invest your money in bitcoin, you should be really ready with the risks
because bitcoin investment has a very high risk

[kanchuka2]

hi,
Yes it is risky to turn all money to bitcoins.But when you are earning money sometimes you have to take risks.My opinion is that it is better to invest considerable part of your money.When you are trading please be careful to use secure exchanges and site.Otherwise you may loss your money.

[Raisa263616]

No risk no gain i think.If you want to make profite from bitcoin .You have to take small risk.It's not a bit deal.But you should resarve some money for your every day necessary.Because we can't think a small time without money in this world.We need money in our every work.So you should think about this kind of matter.

[Mbah Djoko]

Very dangerous and risky if putting all our money to bitcoin, what happens with bitcoin certainly make worries, if previously bitcoin prices continue to rise but by 2018 this is actually bitcoin prices down, and this certainly makes us have to be aware that bitcoin investments are not always profitable and I suggest to wait.