Is it safe to invest all my savings in cryptocurrencies

[zero714309]

I think not,don't taking too much risk. Keep fixed assets in the bank to be able to take whenever you want and save little asset in crypto to add your profit. Think again, a lot of hackers roam. Some pro trader withdraw their profit at the bank.

[itasannah]

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

If you want to get the result necessarily must invest in crypto. By investing you can make money. And if you want to save money more secure, you can save some money in the Bank. The Bank gives you the assurance of security but does not give you the results.

[kawetsriyanto]

Actually, not all your savings man. It is too risky. Just invest a half of your savings on cryptocurrency and the rest keep on banks. You must be careful to invest in cryptocurrency. Make sure you have adequate knowledge about crypto market. If you don't have good strategies, you may lose your savings and get nothing.

[DainSLane]

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

My advise to you is that don't put all your savings in investment in crypto currency just put half of your savings in investment because investment was very risky at any moment, if your investment will get loss not all your money will getting loss.

[karungbitcoin]

Dont do it because cryptocurrency is has category of high risk investment, and there are alot of others kind of investment that has lower risk. Although crypto promising high profit but the risk also very high, for the better use only 1% or 2% portfolio for crypto, and avoid greedy when make invest in crypto.

[sixexgames]

It's not "safe" by any means, but I think that it could pay off seeing that the market has (probably) hit a bottom and could very well blow up again. I'm not as brave as you, but I wish you well and hope it pays off!

[bellaayu]

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

A wise choice, in my opinion, is investing in Crypto. Because if investing in Crypto gives us a very large profit. But if we keep the money in the Bank, money we cannot thrive. If you dare try to invest more, will certainly add to your experience and knowledge.

[martabaktelor]

Better before you take the decision to invest. You have to learn about the nature of crypto coins. If you have no knowledge of investing, of course, this will make you a difficulty to choose a nice coin. But if you are confident with your decision. You can invest and suggestions I choose established coin because it will give you an advantage.

[BruceJu]

This is of course unsafe. You must know that the risk of investing in Crypto far exceeds the traditional investment projects of stocks and futures. You should not invest all your money in it. You should disperse your money so that it is safe.

[Sevarchik]

What the mad question, you dont see price charts for last year ?
This is very unsafe field for investing, especially to altcoins

[chikucrypto]

My view is if you have enough knowledge about the crypto market and you have studied the projects deeply then of course it much better to invest in cryptocurrencies. with the invest in cryptocurrencies you can get huge profits and your life will be much better and easy.

[judyrob]

When it is stored in the bank it will be pretty useless because it does not have the advantages that can be the result. It will be quite allotted better when most of which you have for investing in crypto. at least from idle in bank money then continued alone in the investment so that Crypto is at least able to develop or grow in value.

[Xiaolongnu]

Invest all your savings in cryptocurrency is like gambling, it's not safe at all, you can lose your savings anytime. Cryptocurrency is not stable and protected asset, it has higher risk than stock, gold. You should only invest below 20% of your savings in  cryptocurrency.

[aalavandan]

It is always a good choice to start investing in crypto currencies. You just need to divide your funds in equal parts and start investing in altcoins that you like. But please, do not invest everything is just one coin, diversificate your funds.

[Destroyeroff98]

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

It is, of course, safe. But if you keep your savings in cryptocurrency, then you need to consider volatility.
You can increase your money or lose it. Therefore, you need to invest not all your money and very carefully.

[DragonETH]

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

It is, of course, safe. But if you keep your savings in cryptocurrency, then you need to consider volatility.
You can increase your money or lose it. Therefore, you need to invest not all your money and very carefully.

it is not safe to invest in crypto-currency when you work in the Forex market you have an agreement and insurance of the account with the broker, here the exchange is not the developers of wallets or any responsibility and wallets are not insured.

[Ali Akbar Torang]

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

No, I do not think so you should not investing all your savings in cryptocurrency because the Volatile situation, you should invest all your saving for more reasonable asset and minimum risk

[Liklopor]

I believe that investing in cryptocurrencies is very risky and now when the market falls I will not invest in cryptocurrency. but in the future, when the market turns green, I invest in promising altcoins.

[moshuk]

Of course not ... you can invest 50% of what you are willing to lose ... it’s too risky and I think you don’t want to jump from the bridge later)

[skip60]

Not even unsafe but also unreasonable.

You may choose to invest some of your funds in crypto. See what's going on, learn, read, research. If your investment are extremely profitable invest more.

Don't jump into the pool, go in slowly. That is the safe way. Crypto may seem easy, but it is very complex, trading is the best thing to earn here. Trading is always risky.

Anyway good luck