Post
Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
btc78
on 12/01/2018, 11:28:48 UTC
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

Yes, it's risky to turn all your money into bitcoin. Bitcoin is volatile and if you know what you are entering you understand the risk that you'll be taking. And if your money is just staying in the bank and earning with a very low interest better to take the risk in bitcoin by buying at dip and wait for it to grow. The profit in bitcoin may grow in lesser time than your expectation. More risk, more profit but invest only what you afford to lose.
as the crypto word for every user means INVEST WHAT YOU CAN AFFORD TO LOSE.investing all your funds in this community is like gambling your life in crypto.we can just put some of our money here and let it grow so if we fails we can recover and make another life after