Is it safe to invest all my savings in cryptocurrencies

[NinjaCryp]

I don’t think it’ll be a wise idea to invest all of your money in cryptomarket. Research more about it, gain more knowledge about cryptocurrency. As the market is not stable, better not to invest all.

Observe carefully from the point of view of "savings". This is a wise idea, in the trend of inflation of society is increasing. I think crypto will be the perfect destination to change things. And I'm saving every month to pursue a dream with crypto.

[Vulcansalute]

This is funny. If you go through many investment advicing platforms on cryptocurrency, they would advice you to invest only what you can lose. The crypto market is a very volatile one and too risky to invest all your life savings. The bigger the risk the higher the reward though hut can you handle it when it goes south?. That's the question.

[H0USE]

it is completely bad choice if you invest all of your money into cryptos,  i know the amrket is quite low now so we can easily afford to buy more tokens but not thing can make sure the price will not keep falling, so i think you can save a little to use in daily life and a littel to invest in cryptos.

[Tasiril]

Really it will be more profitable than keeping on banks. But investing your whole savings on crypto is too risky. We all believe on crypto but we can't 100% predict anything. best thing is investing on cypto part of your savings.

[Kjooocheka]

The cryptocurrency market is currently unstable, so I think this is not the best idea. Although investing in banks has less profit, but your deposits can be insured.

[Brequir]

I think more the risk, more the return. But as a newbie I don’t think it’ll be good idea to invest all into cryptocurrency. Invest the amount that you afford to lose. Make your decision wisely.

[ttking]

I think that it is always better to invest not all but the half of crypto currencies because the risk to fail is great and you need to evaluate your profit opportunities. To my mind, you should invest only those part you are ready to lose

[chokomenia]

Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

I will not advise you to invest your money into crypto currency for now, even if you want to invest, you need to learn about the space so that you make the right investment, and making the right investment requires you to make decision based on your research.

[a4illusionist]

No its not. Crypto is a volatile market. It can go up and down without much intimation and if it goes against your investment then you could be literally bankrupted. So don't do it. Play safe, only invest a portion of your investment in cryptos, keep the rest to your self which you can use anytime.

[cxmyifan16]

I think that you should invest not all your savings but the half of them into the crypto currency like btc and ether as they are best and most popular compared to others today and you need to take this into account

[semes]

Cryptocurrencies can make huge profits. But whatever it is, it is not right to invest all the money here. I think, you have to seperate your savings three different invesment tools. It can be cryptos one of them.

[BItCoinPidger]

Most likely it's smarter to think about how the market goes. The manner in which you would win is the point at which the promotion begins once more. By at that point in case you're holding some crypto that gets influenced by the built up.

[Tilim@Tilim]

Now making investments in cryptocurrency is a bad idea. We need to wait until the situation changes for the better.

[Brunusmagnus]

With cryptocurrencies you can make big profits, but also big losses.
Investing everything in the crypto seems to me extremely risky.
Honestly, I advise you to make more diversified investments.

[Zumbiko]

Yes, I think to invest my savings in cryptocurrency and I think this is a reasonable solution

[cpoer2011]

I am not suggesting it if you all in on cryptocurrency investment. My suggestion is you can put your money on many kinds of investments other than Crypto in real life I mean. And you must have some savings for your life. Remember, don't put your eggs in one basket.

[prukerohen]

It is never safe to invest all of your savings in anything, not just cryptocurrency. It is usually best that you invest only your spare money, or what you can afford to lose. Besides, if you have so much money to put into investment, you can decide to put some of your money into other ventures, not just cryptocurrency.

[kayvie]

Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

it depends on you, for me, its wise, but it will take you a lot of time waiting for your own profit, if you will be in need of cash, you wont be able to get anytime you want. but it would be better since you will be able to earn profit instead of storing it in a certain bank which will only give a small interest.

[mobireal]

When ever you want to invest your money in cryptocurrency  it's not advisable to put all your savings/money in it why because it's a big risk alway's invest any amount you can afford to lose.

[amobi]

Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

Don't ever put all your money into crypto, no body will ever advice you to do such, infact the saying goes like this 'don't invest more than you can afford to loose' to avoid stories that touch, be wise mate.