Is it good to convert all fiat to crypto?

[Jaysen0104 536]

i thinks it's not good because online transactions that crypto is the payment does not support all so specially in the local market we cant use crypto to buy foods or drinks and anything that we may need with crypto.

[Razan alikac 1899]

I advise you to start phasing in a small amount, then put a second amount, and do not put all your money at once so that you do not lose it all

[Romaan1987 601]

If we have a chance to go back in year 2010 or 2011 then it is good to convert all you fiat to bitcoin even you can sale your house and all the assets you have and also can take a loan from bank and can invest in bitcoin. But in current situation it is highly risky to convert even half of our fiat currencies to crypto currencies.

[Oxygen 1004]

It is not good to convert all you wealth and strenght to one world. As we should have a reserve in order to face challenges of life, as there are lot of chances of loss. 

[TestYourMight 39]

I dont think that it is a smart decision to put everything into one asset. Use diversification. It really works.

[bean 515]

Unless you are in a countries with high inflation where your national flats having gotten worthless then it will be good to convert all your flats to a strong crypto like bitcoin but it will not be good when your flats are stable cause crypto are very volatile keeping all your money in it was do more harm than good.

[Red-Jones 1150]

your question is very vague, do you have any knowledge about investments and trade (day trade)? In case you do not have any knowledge about investments and day trade then you need to obtain this knowledge because it is very difficult for someone to explain what you are asking.

[Heroshema 0]

No its not true idea because the real age of crypto didn't come yet so you can't buy crypto in all your money

[Ayush Singh 1175]

I don't that there will be so much of profit while converting all your fiat currencies into digital currencies yes you can do some investment on digital currencies to earn good profit but it eill be foolishness to convert all your fiat currency with it.

[Tine0313 3053]

Well i suggest don't put all your eggs in one basket. Since there is only limited stores online that are accepting bitcoin as mode of payment, i think it is not advisable to convert all your fiat money to cryptocurrency since the main use currency until today is fiat.

[Sehr 288]

I think for me it truly relies upon you and the value, regardless of whether it is steady or not. Be that as it may, I figure you should change over some fiat cash since it can truly do it in a brief timeframe, in light of the fact that bitcoin is high new days and you will get great cost

[Mom0 222]

I think that the best way to do because now a days all the governments are reacting it's safer not to hold cryptocurrency so I will suggest if you earn a big amount of cryptocurrency then exchange it with Fiat as soon as possible.

[Dolpharius 675]

3 minutes ago, Asikur Rahman said:

In my opinion it is better to convert all fiat to crypto.

you have the right view on a productive business, but you have non-productive forum posts consisting of several words - this is not encouraged - know this.

[Usman Abdulmumin 354]

I can't give you advice to convert your cryptocurrencies to fiat money, better you keep them in your wallet is more secured 

[duncun007 3577]

converting all your fiat money to crypto will be very dangerous if you are someone who doesn't understand how the market goes because you will lose lots of your money

[Dolpharius 675]

49 minutes ago, pturis said:

If it's your existence saving then it isn't fitting to contribute in crypto and what in the occasion that disaster takes place in your family?. Fair contribute at the side of your additional coins.

I am a crypto enthusiast since ancient times! and first of all, you will learn to respond directly to the author of the message that you criticize - look at whom and what you write.

[khan22 3478]

On 12/17/2019 at 4:58 PM, sdsonjoy50 said:

I don't think it would be good to convert all Fiat currency to cryptocurrency, because without online transactions we need Fiat currency, and depending on the economy of a country, on fiat currency, all the cryptos will have a big impact on the country's economy.

This is not good idea that convert all fiat money into the crypto coins becasue we just need to invest some money in the market and buy the good coins becasue if we invest all fiat money then what we use in future becasue no one know about the market bull exact time.

[teminalibug 309]

1 hour ago, Huzaifa said:

I will recommend you that now wait for some time when all universe accept cryptocurrency then convert your all fiat to cryptocurrency.

Even if all world has accepted cryptocurrency i still would nit convert all my fiat to crypto.

[Investors Blog 385]

On 12/17/2019 at 6:29 PM, Delgboke said:

I have been thinking what if I should convert all my fiat currency into digital currency/ cryptocurrency Is it adviseable to do that? Please what do you think. 

If you can spare money to use the buying BTC is a good investment. We all know that bitcoin will have a massive gain in the coming halving. So go for it and it will be the best decision you will make.

[Romaan1987 601]

We had the greatest opportunity to convert all fiat to crypto when the prices were at $3000 to $4000. And we could sell half of our bitcoins at current prices. Due to this our investment could be derived and remaining profit will work as more investment and for bigger profits. But currently it cant be invest now.

[mehek380 333]

I don't think you should do that mate. Because in my opinion no one should invest all their fiat money into crypto as its a very big risk. You should rather work and earn btc but yes you can do one more thing. You certainly can invest fiat money in a small amount.

[Gafar 63]

This can make you rich in peppers, but there are bad things that happen in the world of cryptocurrencies. You can lose all your money in my personal opinion. Buy some currencies, store them, learn to trade, and start trading. This is better in my opinion.

[Rishabh Singh 4]

I am a newbie in this crypto world. So , I don't know all about it and Please can anyone explain me all about it. Because I just joined crypto world and I don't know about it.

[Mom0 222]

 that will be a good move but not the best because if you invest your all Fiat then you should do it by dividing the big amount in small transactions and also you need to convert those in very expensive and popular currency to not get loss.

[teminalibug 309]

2 hours ago, Tauheed1987 said:

If we had better not exchange all your fiat money in crypto money. You should paste a few dollars for your real world needs.

What if you have a job that still gonna pay you the next month and the following months, how much percent would you hold on crypto