Post
Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
kyasarin1205
on 10/11/2017, 15:14:54 UTC
Even the most seasoned and experienced holders of bitcoin will preach restraint on investing all your money on bitcoin and even on other investments as well. It is also important to note that you should know that bitcoin has a volatile stock and it's not good to put all your eggs in one basket

Never put all eggs in one basket. I have read about this and I certainly agree about it for all crypto currencies like bitcoin is too volatile that putting all your money or your funds into it is very risky and dangerous. There are times that its market price is on rise but of course there will be times when it is falling. Tracking or knowing the past issues about it is very helpful to understand it. It will be wiser if what we do is to use only a part of the money so that if things did not go how we planned it, there will still be money left for us.