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cryptothreads
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February 08, 2018, 02:57:42 AM |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Btc value is very volatile. Converting everything you have can make you go rich or go poor. As long as you can afford to lose it all you can convert all your money to BTC. Happy hodling and have a great day!  At the present time it is extremely risky. Governments around the world are trying to prevent bitcoins in every way. That affects the cost of bitcoin a lot. The market of bitcoin was not as peaceful as before. We should be careful before investing in any altcoins on the crypto market. You can lose it all within a few days. That is my advice to you, hope you will refer to it. |
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Yazrielle
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February 08, 2018, 02:58:19 AM |
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yes too risky to turn all your money to bitcoin because you do not know if it will grow or you are losing money but I still do not hear that it's losing here. right now yes many have been affected by the sudden chances of making money especially those who bought it so if you're weak it's hard to really put all your money on bitcoin. and another we do not know when the bitcoin will last and whether it's a lifetime high especially we do not know where it really comes from.
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almuchtara12
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February 08, 2018, 03:29:41 AM |
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my experience turning money into bitcoin, this is very risky because the bitcoin price it is unstable survive will surely go up and down,
It's looking for profit in bitcoin is very popular among some people, because it is very easy for those of you who know bitcoin.
some are losing money and also the lucky ones because bitcoin prices are constantly changing up and down.
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albos
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February 08, 2018, 03:31:29 AM |
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The first rule about trading is to risk the amount of money you would afford to lose. Dont forget this rule and you will be just fine mentally and physically.
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aakriti
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February 08, 2018, 03:38:08 AM |
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There is no risk to keep your all surplus money in Bitcoin. But it is not advisable to keep your all money in Bitcoin. By keeping all money in bitcoin you may be in trouble because market is not always upside.
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binhvo1505
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it is very risky. At the present time, the cost of the altcoins is very difficult to guess. Even those who have been in the crypto market for 2 years are still panicking. I really worry about the crypto market. Currently I am hosting $ 90000 for the altcoins. I do not know whether I should sell everything or keep it. This is really a difficult math problem. But I advise you not to invest too much money on any altcoins. That is very dangerous. |
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jpurusa
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February 08, 2018, 03:45:14 AM |
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It is really risky to put or invest all our money in Bitcoin. The wise decision in investment decision is to invest in several types of business. This means , we diversify Business Risk. When one business activity get loss, may the other can get profit.So these two different investment decisions can support each other. In conclusion, Don,t put all your money in Bitcoin but we may share or diversify risk in several different business activity.
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tuikindu
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February 08, 2018, 03:50:07 AM |
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It's risky to transfer all of your money to bitcoin. But the benefits and risks coexist.
If you just put your money in the bank, it's a little bit of a benefit, but it's safe.
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xSkylarx
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February 08, 2018, 03:55:25 AM |
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The first rule about trading is to risk the amount of money you would afford to lose. Dont forget this rule and you will be just fine mentally and physically.
I think the term "risky" is not appropriate to use when you are going to invest on bitcoin, in my opinion, because you could surely assume that you would get a huge profits when it PUMP, and just HODL it when it is in the DUMP state, simple as that. What is risky for me is Trading, but again, you could surely assume that you could get profits in Trading if you are going to dedicate some time on it, but if you are not going to, then don't do Trading in the first place. |
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zircon
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February 08, 2018, 04:22:27 AM |
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it is very risky when investing all your money in anycoin. that is not investing, that is gambling. you should choose a portfolio with 3 to 5 coins to invest.
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doblok
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February 08, 2018, 04:31:22 AM |
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this is not necessary because remember bitcoin does not have a fixed price but if you want to invest into bitcoin no problem that is buy cheap and sell at high price and it depends on each of us  |
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Jeepney_koh
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dApps Development Automation Platform
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February 08, 2018, 04:33:28 AM |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Remember that investing in Bitcoin is taking risks. Even if that money is small or large amount, still you need to take risk. On your case, I don't advise that you have to invest all money in Bitcoin because the market is not stable now. It is worrying that the price of Bitcoin is dropping and hardly recover for the past months. Therefore, keep your decision wise and think carefully. |
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MMS2017
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February 08, 2018, 04:35:45 AM |
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Yes it is very risky to put all your money into bitcoin the financial analyst says that don't put all your eggs into on basket because if the basket fall down then all the eggs will be broken it means that if you put all your money into one currency like bitcoin then if the currency fail in the future then your all money will be loos. For all the currency and stock market we have to be able to make a plan B as well because we have to make portfolio and then we will put all the money into different currencies.
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racistyui
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February 08, 2018, 04:48:49 AM |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
If I could vote for the best work of the century, I would choose to: "Convert all assets into bitcoin in 2010 ^^". haha Getting yourself rich can be risky and growing, bitcoin is now too potent for entering the market with bitcoin falling three times higher than the highest bid, so it's not. How to convert that is how to earn the most bitcoin, I believe in a short time in 2020 bitcoin will cost at least 1 million usd, cited from MCAFFEE, so my work and you Own as many bitcoins as possible ^^! |
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Mystica101
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February 08, 2018, 04:51:17 AM |
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This is the most risky thing if you'll be going to put all your money into bitcoin, I am not telling you not to buy bitcoin but atleast make it half of your holdings in bitcoin and half in altcoins. All cryptocurrencies are very unpredictable we cannot tell when we will gained profit from it but at the moment it pump grab the opportunity while you can or hold it until it reach your desired price of selling it.
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Arumi.Bilqis
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February 08, 2018, 05:01:45 AM |
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better do not let all the money we have changed into bitcoin because that is feared when we buy high prices and when selling prices down and well is if it already has a lot of money then we need to save some bitcoin as an investment |
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CherRic
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February 08, 2018, 05:09:41 AM |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Turning all your money into Bitcoin is admirable because you have the courage in taking the risks into Bitcoin. It is not bad after all because the future of Bitcoin is really bright. Though there are many issues now, I believe that the next days will be brighter. Like what you said, rather than putting your money in the bank and just sleep their, why don't you invest in worthwhile things like Bitcoin. |
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cowh4x0r
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February 08, 2018, 05:10:54 AM |
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Yes it’s very risky, only invest what you are ok losing. Don’t get burned
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STATIK
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February 08, 2018, 05:12:45 AM |
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Never go all in on anything, spread diversify even with crypto invest what you can afford to hold and do not set a timeline only a percentage otherwise you will let your emotions control your decision making whether to hold sell or buy..my 2 bitcoins for what it's worth
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AtlantaFive
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February 08, 2018, 05:33:33 AM |
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This is the most risky thing if you'll be going to put all your money into bitcoin, I am not telling you not to buy bitcoin but atleast make it half of your holdings in bitcoin and half in altcoins. All cryptocurrencies are very unpredictable we cannot tell when we will gained profit from it but at the moment it pump grab the opportunity while you can or hold it until it reach your desired price of selling it.
Aside from it's risky. It's an easy way to lose our money because we only put this on one investment. If we go all in and the price goes up then we will be happy but when it's down. It's guaranteed that we will blame our self for going all in. When i'm new i did that going all in one coin and it's give a bad feeling whenever i see some downtrend and that's why i diverse now my funds in different coins to avoid some losses. If one get lose i have another coins to make. |
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