Post
Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
chickenado
on 06/10/2017, 12:55:36 UTC
I think I would be very risky to turn all your money to bit coin because investing always have a risk... I think it will also depend on how you will use your bit coin. And also the price of bit coin is not constant there will be days that you can exchange it to higher values and there will be days that it has lower value...
Precisely bitcoin has its own range of rising and falling value but the risk it has is minimal. Maybe not necessarily you will put all your money instead you make it a half. A half means the rest of your money will be invested in bitcoin while the other half would be for your personal expenses. For this reason,you won't feel difficult or having risk of your money but you are favoring both sides just to protect your money in case of some irregularities that you badly need to cash out your money. Therefore,that would be a better way to think wise for your money.