Is it safe to invest all my savings in cryptocurrencies

[willnotwas]

All your money isn't safe or shouldn't invest in Crypto. You should invest which is you can afford or hold for long time. In Crypto you could benefit if you're a long term investor

You should not invest all of your money because the prices of the coins are not predictable enough to make a guaranteed amount on.

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[rjp55]

It has no difference than gambling all your savings in crypto currency, if you are a risk taker maybe you can do it. but i don't recommend doing such a thing with all your savings, too slippery place crypto world.

[Sanford]

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

I think yes. The fact is that cryptocurrency has the ability to grow. And you can work well. Of course, people who know where to invest will be able to earn even more.

[DragonETH]

All your money isn't safe or shouldn't invest in Crypto. You should invest which is you can afford or hold for long time. In Crypto you could benefit if you're a long term investor

Investing all of our money in crypto is not really safe we have to be careful in investing all our savings. Let us be wise enough not to invest all although in crypto a huge chance to earn and grow our money. Invest on what you can afford to lose.

especially since it is very easy to lose on crypto-exchanges, accounts on crypto-exchanges do not have insurance and the loss of the account Deposit for various circumstances beyond the control of the account owner can occur at any time without compensation for losses.

[nutriagrigia]

I would not recommend investing all your savings, cryptocurrency unstable sphere of activity and you can lose everything sometimes the risk can not only bring profit.

[2tang]

You have to find out what you intend, if you just want to save it, then you better invest your money in gold because the price tends to be stable, but if you want to save and make a profit then you can invest your money in crypto and I recommend you invest in the top 10 coins on the market because in my opinion the coins are quite safe and can be very profitable

[clonedone]

Don't invest all your savings in crypto. This is a really bad idea because it's not safe and you can lose all your money. Especially if you have no experience in crypto.

[camelson]

It is not a wise decision to invest all your saving into cryptocurrency. Crypto market is very risky and I suggest you invest some part of your savings into crypto. Invest in different coins because it will give you a chance to earn some profit and reduce the risk.

[chenhaonan]

This is dangerous, but if you are an adventurer you can do it. You can exchange money for stable currency. But you can't leave it alone. You must always pay attention to the direction of the market. You must know that the cryptocurrency market has changed a lot, and many scammers are defrauding.

[crzybilly]

It is never safe to invest all your savings anywhere. The first rule of an investor is to diversify your funds. Put for example 40 percent of your savings in crypto and wait for a year. If you would be happy with the results, you can invest more.

[toresto]

don't be stupid!
never invest everything

[Erzinnum]

Nothing is safe in our world, however, you can invest unneeded money in crypto, so it doesnt change your lifestyle. Maybe, you`ll be rich in the future

[MetalEngine]

You sound like a gambler, who has lost everything just yesterday and want to bring everything back, making the all in bet. Be carefull and invest wisely

[john_nautica]

it depends on your altcoin choice if you choose a good and potentially altcoin, maybe this can be used as a safe deposit. but for you to save in altcoin in just a few percent so that defeat if it happens to you is only a little nominal.

[yazher]

I don't think  so, It's not a good idea if you think to invest all of your savings into Crypto Currencies. However if you meant some of your savings, then I tell you its not a bad thing to do rather you are playing safe but be careful what you wish for instead of jumping onto any conclusion it is better to study first what you are about to do. Because men I tell losing money is a heck of a disaster if its happen to you. Just play safe okay?

[babsjoe]

Cryptocurrency is definitely a good option when it comes to holding your value in a safe and decentralized asset! Bitcoin is by far the most decentralied currency and asset in the world! Be sure thst you know how to keep , retrieve and spend your bitcoin before you start saving in bitcoin!

[troy.gold]

It is never wise to go "all in" on anything unless you are absolutely certain of the outcome, even then - you have to question how certain you are.

Cryptocurrency is much to volatile at the moment to invest all of your investments in, however - I do encourage a proportionate investment in crypto. How much is down to you.

[Dima95]

In the long list of things, that you can use for investment, crypto is the most perspective in the long term, so you can do it i think.

[SunGod-1]

It is not advised to put all your eggs in one basket as your risk is far too high in terms of the potential losses occurred. Rather diversify your investment and put a small amount into crypto. Remember the market is still in its infancy and there are a lot of gains to still be made, be patient and wait.

[Accen1935]

Actually, not all of your savings man. it's too risky. simply invest a 1/2 your savings on cryptocurrency and therefore the rest carry on banks. you need to use caution to speculate in cryptocurrency. ensure you've got adequate information concerning crypto market. If you do not have sensible methods, you'll lose your savings and acquire nothing.