Post
Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
Aztek
on 17/11/2017, 21:43:13 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.
It is never a good idea to put all of your money into bitcoin. I mean you gotta save some or invest some on others. Because bitcoin is very risky and sometimes you will lose some or maybe all in investing onto it. But yes always remember to not put of what you have into something because it is a very risky thing to do. And you have to be ready with the consequences.