Anyone else HAVE most or maybe ALL of their money in btc/crypto?

Oggy Pogi

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Quote from: CoinCidental on April 30, 2017, 10:04:33 PM

Or is it just me lol?

Can't complain thesedays, fat stacks just getting fatter Grin

Actually, many people or maybe already most of the people around the world for sure are already into giving or investing most or all of their money into cryptocurrencies because of the news that come up which mainly inhibits the potentiality of cryptocurrencies to grow in price compared to regular currencies. If you will sum it up, it will truly mean that it is worth to put up your money into cryptocurrencies that is why for sure, not only you have that experience of having your most or even all your money into it.

kjnfmplm

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Isn't that a bit too risky? Having all your money invested in bitcoin? Yes, the rewards will be a considerable amount if it skyrocketed. But what if, the reverse happened? Instead of skyrocketing, it crashes to 100$? (Of course, hypothetically.)

Btw, I haven't invested money to bitcoin, yet. Since I am still a student who are still in the care of my parents. But soon, I'll invest my money. But not all. Maybe a fraction of it.

alekseidanilov0803

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ks monitor can not be called a pyramid of basic earnings comes from investment, but it is possible to receive income on the partner program

MrSunshine

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Quote from: Silberman on May 11, 2017, 09:12:19 PM

Quote from: Greenleed on May 10, 2017, 04:16:04 AM

I put 90% of my cash into BTC in year 2014. I still hold them. I do not want cash in what I believe.

Well, the good thing is that you don’t have too and since your earnings are very high I doubt anyone in his right mind will sell their bitcoins with the only exception if you want to sell just to buy more bitcoin when the price decreases.

Still all in.

Silberman

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Quote from: Greenleed on May 10, 2017, 04:16:04 AM

I put 90% of my cash into BTC in year 2014. I still hold them. I do not want cash in what I believe.

Well, the good thing is that you don’t have too and since your earnings are very high I doubt anyone in his right mind will sell their bitcoins with the only exception if you want to sell just to buy more bitcoin when the price decreases.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

No matter the current big Bitcoin price its not very good idea to put all funds in Bitcoins or cryptocurrencies in general. It's never good to keep all eggs in one basket. But it's good to invest extra money that you don't need or earn some Bitcoins and collect it in the wallet, with time this is a very good investment.

omonuyak

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Quote from: JapieAmerika on May 10, 2017, 04:33:16 AM

I'm trying to match some of my other monthly fiat investments into altcoins, at the moment it is not much, but some altcoins (XRP, XLM) seem to be growing faster than anything I can get in fiat growth.

xrp make over two hundred percent increased in price for the past one week so having your investment share in altcoins is good for now. You can also share your investment in a long time coin like creditbit, eth, litecoins with at list 50% of your risk capital and 50% in bitcoin. That is what am doing now.

Be Like Bro

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i've have sum amount of ~0.2BTC. But i'm a bit unlucky though. Because, i'm having this in several places including some exchanges and web wallets. It's really paining to collect those funds together.

izanagi narukami

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It's your perfect decision to put all of your fund on crypto since bitcoin value getting insane recently
Meanwhile, I'm feel regret to sell about 1 btc at my last 2 years before since I'm never thought that the value able to reach $ 1700

favours

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Lover of Bitcoin

Quote from: cafucafucafu on April 30, 2017, 10:10:43 PM

If you are saying the truth, then you have to be really happy with current market situation.
To be honest, I was dreaming about having at least the bigger part of my wealth stacked in cryptocurrencies, but i have only few % of it Sad

It is also not worth for me to obtain more ( convert ) because the bitcoin price is waaay to high for an investment not on long-term.
I'm going to wait a little bit longer to see more attractive price, and probably I will try making my supply even bigger than it was before.

That's what they said at $30

JapieAmerika

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I'm trying to match some of my other monthly fiat investments into altcoins, at the moment it is not much, but some altcoins (XRP, XLM) seem to be growing faster than anything I can get in fiat growth.

Greenleed

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I put 90% of my cash into BTC in year 2014. I still hold them. I do not want cash in what I believe.

BitcoinGirl.Club

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Farewell LEO: o_e_l_e_o

Am still playing it safe with going all into cryptocurrencies, have chosen to diversify my savings into physical assets which of course are cash equivalates and just like bitcoin am guaranteed of a ROI should i choose to sell.
But atm am starting to believe investing in digital assets like bitcoin is the way to go.

iram3130

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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

It's not just you mate, I have most of my savings in Bitcoins and altcoins as what I earn in cryptocurrencies are my savings. So I trade them, hold them and sell them when I need.

goinmerry

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Quote from: CoinCidental on April 30, 2017, 10:04:33 PM

Or is it just me lol?

Can't complain thesedays, fat stacks just getting fatter Grin

Maybe the right term if applied to me is, currently, if possible Im adding my reserve crypto due to the obvious fact that bitcoin and some other alts are experiencing a noticeable price increase. But not to the point that all of my assets and majority of my resources are in crypto.

Just like the normal flow, some portion for crypto related things, some portion for real life and anything else. What matter here is the essence of diversifying all methods we have in order to gain profits for a long term.

Dudeperfect

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Not yet, since I live in a country where I have to spend in only in fiat (even for online expenditure), in this case, I have to keep my wealth in fiat. However, I have maintained a cold storage and I hope I would make good savings in the long run. I wish I could use bitcoins in offline areas in my town but it seems that it will take some more time.

DoublerHunter

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Quote from: Immobilising on May 09, 2017, 12:40:25 AM

I would never convert all my 'spare' money in btc, I'd rather have a few different type of currencies in case something would ever go wrong.

But it would also depend on the amount you are saving up in btc. if you have a million dollars spare, I wouldn't put 50% of it in bitcoin to be honest, but if it was a smaller amount I would.

It is better to be safe in cryptocurrencies rather than going all in on investments because it is very risky for the people around there who are greedy especially if they don't have any knowledge about the investments because it will often lead for a loss rather than earnings. It is better for them to just spend a small percentage of their money for investment to be sure that they will not get a huge loss.

Immobilising

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I would never convert all my 'spare' money in btc, I'd rather have a few different type of currencies in case something would ever go wrong.

But it would also depend on the amount you are saving up in btc. if you have a million dollars spare, I wouldn't put 50% of it in bitcoin to be honest, but if it was a smaller amount I would.

qiman

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I have a regular job and earn Euros and do a little posting here and the odd translation s only a small portion of my earnings come in altcoins or Bitcoin but my Wife's sole earnings are from BTC and digital currencies as she doesn't have a regular job per se.

RayCycles

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Personally I am putting 50% of my money in Crypto Currencies every paycheck
So far it has been paying off 😁 "WAY WAY BETTER THAN ANYTHING ELSE I HAVE DONE"

#ditchthebanks #controlmyownmoney

Topic: Anyone else HAVE most or maybe ALL of their money in btc/crypto? (Read 5670 times)