Post
Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
nick_nick
on 21/12/2017, 20:02:58 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.
very well said. To put all your eggs in one basket as an investor may be disastrous. Turning all money to bitcoins can result in huge lost if the price depreciates continuously, however it would be safer allow some money to sit in the bank eventhough has no low interest rate