Post
Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
Gameroid
on 16/10/2017, 20:36:22 UTC
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

It is very risky as an invetor do not put all eggs in one basket because the crypto market is volatile if bitcoin decreases you might loose more of your investment but if you know how to play the game of trading you can tolerate the risks you will encounter.
In fact investing all your money in a single business is not a wise decision. i think it is important to distribute your money and assets in different business, so that if your one business is not getting profit, your other business will give you some financial support and if your one one business is in lost so you will not lose your money at once . i think therefore it is more risky if we are investing our money in a one and single business.