Post
Topic
Board Trading Discussion
Re: Transfer My Entire Savings to Cryptocurrencies?
by
KesoNie
on 21/07/2018, 12:21:37 UTC
Extremely risky! Do not do that!
Cryptocurrency is just one of investing channels, and you know that investing always has risks. My 1st rule in investing is that I just invest what I'm ready to lose. You do not know what will happen in the future, so you have to have a good plan for your entirement instead of using all of your money for investing! Good luck sir.
This was extremely risky that we should transfer all your savings to cryptocurrencies. Instead of transferring all your savings better to divide it and place some of it in banks to make sure that you have  assured that you could protect your future than taking risk and didn't allot even some of your savings for your future needs.