Is it good to convert all fiat to crypto?

[Akbor 1042]

On ‎12‎/‎29‎/‎2019 at 11:28 PM, Digicoin said:

It is not advisable to convert all fiat to crypto. Converting 70% is still good. This will also depend on individual view about it but I think converting all is not advisable.

I also think no one should convert all his fiat to crypto and I think he can invest 30% of his fiat as crypto market may go down any time. so to avoid any big loss no one should do this.

[mani982 286]

According to my opinion this is better for investment for good profit if we convert our fiat to crypto  and in next bull run we can get up to 10x of our investment.

[Naylor89 1223]

I would never do this , as we always have to have plan B. risk big and win big maybe works for someone but what if not. For me it is better risking less and live more safe and without stress.

[azhar9 1]

No its not. You can loose all your fiat. Just convert that amount which you can afford to loose. Means extra money which can give you bigger profit or loss.

[Mizan 96]

Yes you can convart your fait to crypto-currency. If you have enought knowledge of crypto currency you can convart it. Crypto is very profitable.     

[ArsalMajeed 178]

No this is not a solution to the problem. World would always be in need of some physical currency. So we must not do such silly things.

[Xsimple 441]

Just convert it with a stable coin so there is less risk in your money because when it goes down then your money will be gone and that is why you make sure to research to which coin you want to convert with.

[Muskan7816 175]

I guess it's not worth it because you can't guarantee 100% of it back in a short period of time. MyDevice will only buy cryptocurrency with your money no matter what. I don't think it would be good to convert all Fiat currencies to cryptocurrency

[razib2227 171]

On 12/17/2019 at 4:29 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. 

Brother, I've a question.  Why do you want to convert all of your fiet to digital currency?  Do you want to invest or trading?  Crypto market is too much unstable right now, theres always 50% possibility to you lose your little money...

[MysteriousIdentity 150]

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. 

It is advisable as no one will stop you if you are going to do that but make sure that you know the risk also as there is a possibility also that you will lost all your money if you will not be able to handle it correctly. 

 

Not all the time we will profit in crypto so you should prepare for that also. 

[Gg233 1061]

If you are confident with the crypto that you are going to convert with your fiat or you have done a lot of research about that crypto or coin then you can convert that all.

[Ssking93 51]

I suggest you not trade with all your money, or you will lose it. Put a large amount of Bitcoin on and hold for a pump then sell it for Fiat .Keeping money as your bitcoin is good but if you convert all your fiat to crypto

[Hendy1 370]

I wouldn't do that if I were you. If it were me personally I would invest 30-40% of my finances and take 2 or 3 in bitcoin trading and altcoin will help me in making profits and covering losses.

[Robot 93]

Actually I think it yobit is the best exchanger for convert. Now most of the people used this exchanger. Really it is one of the best exchanger for trading

[kadayakito 765]

I think you shouldn't do that, it's not really safe, there's no guarantee you won't lose money or succeed. Don't be like that. I hope you haven't converted it.

[Ahillya 62]

My advice will be that if u have enough resources and enough amount of money for u to get investment in the digital coins and that u ate absolutely sure to gain more from conversion then u must do convert all ur fiat coins to the digital coins.

[tienda 8776]

4 hours ago, Silvinator said:

At the moment it is not advisable to invest all your FIAT money in cryptocurrencies. We are on a good way to turn cryptocurrencies into one of the main forms of payment but we are still in the process.

Yes you are right we are still in the process.

[noor job boy 77]

I think that it is good to convert all Fiat currencies to cryptocurrency. You can convert to some cryptocurrencies.

[Imaankhan 208]

On 12/17/2019 at 3:29 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. 

Taking risk by converting all your fiat currency to digital currency is not advisable as it is said never put all your eggs in one basket so it would be better not to do so.

[Post Malone's 33]

No because once the market is crashing we lose value of our fiat money invested in bitcoin.  That's why much better if still have fiat currency in our bank account. 

[Karani 99]

No, it's not. Crpyptocurrency is yet to be fully adopted so you will experience challenges paying for goods and services. Additionally, crypto is unstable. This means your virtual coins can easily depreciate in value.

[Calvinpriva 17296]

Its not a good idea to invest all your money in crypto, you can invest with a small amount then your capital will grow itself when you have trading knowledge, never trade with all of your fiat money, its very risk.

[Hanan951 841]

On 12/17/2019 at 12:29 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. 

That will be risky you need always to play it safe to be the one who has the power to recharge your self in any loss.

[avatarkiyoshi 270]

On 12/17/2019 at 5:29 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. 

You can convert all your fiat into cryptocurrency as long as you can live without fiat. I means don't be so maniac, we can't deny that for our daily needs we still have to fiat in our pocket, unless cryptocurrency has been legalized all over the world.

[Sapdrx 469]

i would see crypto as one way to invest. So never put more that 10% in one investment opportunity. Keep some cash fiat, keep some digital fiat, invest in multiple shares, crypto and maybe real estate. That's what I do.