Post
Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
KnightElite
on 14/10/2017, 02:11:06 UTC
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Its highly risky. There is no set laws in any country related to it. Moreover its heck of volatile. So investing all your money in bitcoin is going to give you a lot of heart shocks each day. But yes invest 30-40% of your money for long term.
Yes indeed. Turning money to bitcoins is to risky because there are no set law and it is not well-secured because bitcoins are not that versitile in terms of security because anyone can go in and out with or without permission from the owner of the account.