Is it safe to invest all my savings in cryptocurrencies

[Utuhikan]

Yes, that investment is the right choice because saving it in a bank does not make your money grow fast, investing in property or gold can be a wise choice because risk is minimal, if you like challenges and have plenty of free time to trade, cryptocurrency can be an option right to add to your income but in my opinion the choice to invest in cryptocurrency is better after you already have real assets.

[jokowi]

Do not use all your savings to invest in electronic money. Doing so will be very dangerous. If the market collapses you will lose everything. Investing in electronic money must be calculated.

[kicauklaten]

Crypto would probably be a good choice when you can prepare it properly. Crypto movement fast enough so it certainly would be the best place to invest in order to get a profit in a short time. of on the money only silence in the bank and did not grow in a fast time it will be better if it were incorporated in the crypto.

[xandebnu]

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

It is strange that many people compare cryptocurrency with a bank. These are completely different things, when you invest in crypto, you have no guarantees, you do not sign any contract and you do not have a fixed interest, insurance, etc.

[Miusu]

Investing in crypto sounds great some says investing in crypto can benefit their retirement portfolio. Some already retired but still looking for other ways to extend their savings. It is risky to invest all your savings in cryptocurrencies there are good stories of high gains but you could be the one of those that have dark stories. Invest wise, it is important to note that cryptocurrencies are still unregulated and highly volatile asset class.

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[Benarand]

Thanks to cryptocurrency, you can instantly increase your investments several times, but this is very risky, as you can easily lose them.
I think that your investments will be safer in the bank, even if there is not a large percentage.

[sky9314]

If your funds are limited, then I suggest that you do not want to do this. It is very dangerous to invest all the money in crypto, especially those altcoins, you may lose all your money, which will cause very much to your life. Great impact, so you should never do this.

[katerinaliisa]

Investments in cryptocurrency are very promising, but very risky. I believe in the development of the cryptocurrency market, but I do not invest all my savings in them. I also buy a dollar and real estate. I try not to mess with banks.

[10c]

Cryptocurrency is a great investment ,but about to invest all the savings there, it's a risk and if you lose most of you will begin to doubt and panic.

[laurakim]

Never try this because You know that cryptocurrency investment is very risky, you can lost everything in a second, that is the reason why you should not invest all your savings in cryptocurrencies

[ethereumhunter]

Never use all your savings to invest in the crypto because you don't know what will happen in the future. The crypto itself still grow, and you cannot predict that your investment will give you a big profit although all coins can increase in anytime. Besides that, it will better if you invest your savings into the real object in your real life because you can handle the investment and sometimes you can calculate how much your profit. You can use your saving at least 30% to invest in crypto and let the rest in your bank account.

[mikkev01]

Although I believe bitcoin is a great investment I would never suggest to anyone it is smart to put all of your eggs in one basket. Things happen and can always go wrong. So although I support investing in bitcoin I'd say it would be wise to hold on to some of your savings for emergencies and invest a comfortable amount.

[xenomorphe1]

I would say that is not safe to invest all your saving in cryptocurrencies. There is 50 percent of luck that the price of Bitcoin increase.
It is like betting money at the casino. I also think that bitcoin is a great investment, but it is very risky now.

[universal3ee]

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

Even if it is safe which i am not sure i will rather advise you not to do it as it is very risking to put all your eggs in one basket. You should always diversify your portfolio but over diversify is also not good for your portfolio, you should always get a balance on diversifying.

[Russlenat]

I suggest that you invest on crypto now than too late but don't invest all of your savings here because anything can also possible to happen here in crypto maybe you lose or your investment make you a millionaire.

[cryptofunn]

Of course, seeing the information in the network how much it was possible to earn in 2017 by investing only $ 500, I immediately want to invest all my savings. And tomorrow, wake up a millionaire. But this is far from the case. It is better to invest something that does not hurt to lose

[ValeryO]

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

Any kind of investments contains a certain amount of risk. The highest investment risk is in cryptos. If you decide to invest all your savings in cryptos you may lose most of them. But no one can exactly predict a future. Maybe you are a lucky person and will catch a fortune. It’s only your personal decision, to invest in cryptos all savings or not.

[alsu5552018]

I think it is very risky to invest all your savings in cryptocurrency. There are very high risks of losing all your money. I would advise you to invest a part that is not a pity to lose.

[BlockStamp]

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

Sounds like a wish for a quick and easy win. Is there a reason why one would put all one's investment into a single financial instrument, be it crypto or any other?

[Bitcoin1216]

I think putting all the money in one place is risky, I suggest dividing money and don't put it all in cryptocurrencies because we never get a guarantee if we lose.