Post
Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
cinchin
on 08/11/2017, 15:49:11 UTC
Absolutely. For all the reasons mentioned already. You never know what's behind the next door so you have to think if Bitcoin crashed tomorrow, would you be okay? Any investor will tell you to have a diverse portfolio.

that's right, everyone knows bitcoin has a high risk. so don't ever put all the money in one basket. Although it looks very profitable but we also have to think about a loss. because bitcoin price is not always increase.
 
- Agreed, the risk from bitcoin can be said to be huge and unpredictable, if we put all our money into bitcoin, we will fall into dangerous situations and can not know when risk will come to us, no one can be sure the price of bitcoin will always rise
- Although many people have always said, and predict the future of Bitcoin will grow and achieve a higher price than ever but these are just predictions based on historical data, there is no clear evidence that this will come true, so we always need to think about the worst situations and always keep some money to prevent this situation