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Topic: Anyone else HAVE most or maybe ALL of their money in btc/crypto? - page 2. (Read 5595 times)

sr. member
Activity: 1400
Merit: 269
If you have bought bitcoins when the price was still low then your really lucky some people are now regretting to have not bought bitcoins when it's still early, now they're waiting for it's price to go down which is very unlikely to happen.
I think the price will continue to rise, to bad i haven't any bitcoin cause im really broke.
hero member
Activity: 714
Merit: 500
If you have 1.000$ total and you do have it in bitcoin, there is nothing to be surprised about. But If you have 100.000$ total and have it in bitcoin or other cryptocurrencies, this is extremely risky.

But having $100,000 invested could also potentially be very rewarding as the block chain is in it's infancy. The question is not how much it will be worth in a few days or months but how much will it be worth in 3 - 5 years.
$100,000 is relatively small for billionaires and not really a big-risk sort of investment, sort of like just loose change for them. And if I am one of them, I would definitely get into bitcoin right now and maybe allot about a million dollars and just let it stay in there for at least two years. The potential to double that money is quite high given the performance of bitcoin in the last 18 months or so.
legendary
Activity: 2534
Merit: 1338

for those who all in with buying bitcoin they are certainly happy with the current price because finally it was reach the highest price on the history but unfortunately i wasn't part of them because i personally not dare to go all in and the volatile always be the main cause for me

yes you are right that it will be good for those who have all the money in bitcoin because of the high price of bitcoin, but i think it is much risky to keep all the money in bitcoin as at this time the price is very high and more profitable but if the price of bitcoin decrease to great extend then i think their all money will be gone. So in my opinion we have to keep half money in bitcoin or crypto and half in fiat.

I can not understand any reason that can make the value of bitcoin suddenly increase dramatically in a short time. It made me so surprised. No event of great magnitude can make the value of bitcoin change fast. It makes me feel confused, and meanwhile, why are people still buying bitcoin continuously while its value is too high, I really do not understand.
I do not know why it is so difficult to understand, bitcoin can be exchanged like any other currency in the world, also the big price swings comes from the fact bitcoin is not as big as those fiat currencies and that makes bitcoin more susceptible to changes in its price.
sr. member
Activity: 1181
Merit: 259
If you have 1.000$ total and you do have it in bitcoin, there is nothing to be surprised about. But If you have 100.000$ total and have it in bitcoin or other cryptocurrencies, this is extremely risky.

But having $100,000 invested could also potentially be very rewarding as the block chain is in it's infancy. The question is not how much it will be worth in a few days or months but how much will it be worth in 3 - 5 years.
full member
Activity: 136
Merit: 100
I don’t care
Uhm no. I think I have more in real cash right now, maybe soon I'll earn more BTC though
hero member
Activity: 700
Merit: 500
If you have 1.000$ total and you do have it in bitcoin, there is nothing to be surprised about. But If you have 100.000$ total and have it in bitcoin or other cryptocurrencies, this is extremely risky.
Well described the risk of investing all the money into bitcoin. When limited amount is invested into the cryptocurrencies and even if something worse happens it won't affect the user. Same if the entire earning is invested we don't have any other choice to live further, because bitcoin is unpredictable.
of-course it will be more risky that you have all the money invested in bitcoin or other cryptocurrencies because if something happen and the price of that crypto become extremely decreased then it will greatly affect your financial condition. i think you should invest wisely in any cryptocurrency or bitcoin like invest some of the portion of your income and keep the rest in the form of fiat then in such cases you will not be affected by dump.
hero member
Activity: 868
Merit: 500
Well my money that i get from the job is used to house needs, but the rest i do apply over some crypto coins, and well bitcoin isnt one of them since its very high the price, soo i do invest into altcoins with less value and with potencial, soo far im doing well from mine investment.
newbie
Activity: 20
Merit: 0
I think most of the btc mega rich got into it when it was extremely cheap.  Don't know many people who cashed out their stocks, sold their houses, sold their businesses, etc and bought btc with it.
hero member
Activity: 2604
Merit: 548
Vave.com - Crypto Casino
If you have 1.000$ total and you do have it in bitcoin, there is nothing to be surprised about. But If you have 100.000$ total and have it in bitcoin or other cryptocurrencies, this is extremely risky.
Well described the risk of investing all the money into bitcoin. When limited amount is invested into the cryptocurrencies and even if something worse happens it won't affect the user. Same if the entire earning is invested we don't have any other choice to live further, because bitcoin is unpredictable.
sr. member
Activity: 644
Merit: 271
If you have 1.000$ total and you do have it in bitcoin, there is nothing to be surprised about. But If you have 100.000$ total and have it in bitcoin or other cryptocurrencies, this is extremely risky.
newbie
Activity: 13
Merit: 0
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.

It's really hard to call the top or bottom in Bitcoin in this environment with Japan becoming a heavy buyer now. I dollar cost average by buying a small amount of Bitcoin daily. $5 daily is a good start. Don't think about the price rather how many micro-Bitcoins you can stack. $1500 per Bitcoin is a pretty high and it costs $300 more than an  ounce of GOLD! Don't think it will get much cheaper, but I do suspect a drop to $1000 to $1200, but we don't know for sure. Better to buy a small amount daily to keep your savings in Bitcoin. Of course diversify in a little Gold and Silver, Real Estate/Land and/or small amount in conventional stocks like REIT's, Mining Companies and other industries.

David BTC Silverspoon  Shocked
sr. member
Activity: 1181
Merit: 259
I can not understand any reason that can make the value of bitcoin suddenly increase dramatically in a short time. It made me so surprised. No event of great magnitude can make the value of bitcoin change fast. It makes me feel confused, and meanwhile, why are people still buying bitcoin continuously while its value is too high, I really do not understand.

Japan has embraced Bitcoin and they are promoting it heavily there. Also institutional investors don't want to miss out and are throwing some cash it's way. It only takes an extra $3 Million a day to push it's price higher. Also Russia and India are starting to be less harsh towards bitcoin and may allow it soon.
hero member
Activity: 1176
Merit: 509

for those who all in with buying bitcoin they are certainly happy with the current price because finally it was reach the highest price on the history but unfortunately i wasn't part of them because i personally not dare to go all in and the volatile always be the main cause for me

yes you are right that it will be good for those who have all the money in bitcoin because of the high price of bitcoin, but i think it is much risky to keep all the money in bitcoin as at this time the price is very high and more profitable but if the price of bitcoin decrease to great extend then i think their all money will be gone. So in my opinion we have to keep half money in bitcoin or crypto and half in fiat.

I can not understand any reason that can make the value of bitcoin suddenly increase dramatically in a short time. It made me so surprised. No event of great magnitude can make the value of bitcoin change fast. It makes me feel confused, and meanwhile, why are people still buying bitcoin continuously while its value is too high, I really do not understand.

Bitcoin price changed fast because of the demand. Many investors got interested on it because it is now well known. As for the reason why many people are still buying it even though the price is high is because they are hoping that the increase in value will continue and by that time, they can sell their Bitcoin on a higher price.
sr. member
Activity: 406
Merit: 250

for those who all in with buying bitcoin they are certainly happy with the current price because finally it was reach the highest price on the history but unfortunately i wasn't part of them because i personally not dare to go all in and the volatile always be the main cause for me

yes you are right that it will be good for those who have all the money in bitcoin because of the high price of bitcoin, but i think it is much risky to keep all the money in bitcoin as at this time the price is very high and more profitable but if the price of bitcoin decrease to great extend then i think their all money will be gone. So in my opinion we have to keep half money in bitcoin or crypto and half in fiat.

I can not understand any reason that can make the value of bitcoin suddenly increase dramatically in a short time. It made me so surprised. No event of great magnitude can make the value of bitcoin change fast. It makes me feel confused, and meanwhile, why are people still buying bitcoin continuously while its value is too high, I really do not understand.
hero member
Activity: 2268
Merit: 581

for those who all in with buying bitcoin they are certainly happy with the current price because finally it was reach the highest price on the history but unfortunately i wasn't part of them because i personally not dare to go all in and the volatile always be the main cause for me

yes you are right that it will be good for those who have all the money in bitcoin because of the high price of bitcoin, but i think it is much risky to keep all the money in bitcoin as at this time the price is very high and more profitable but if the price of bitcoin decrease to great extend then i think their all money will be gone. So in my opinion we have to keep half money in bitcoin or crypto and half in fiat.
hero member
Activity: 2590
Merit: 644
I think doing it is risky big enough because all your money is in cryptocurrency and if that's crypto has a decreasing in price the auto you will experience big loss. eventhough if price up you get bigger profit it's better to have in safe zone with half your money in crypto.

I agree with you that investing or putting all your money will become a very risky move because we can't be sure what is the next move of the market so it is best to just invest a few amounts of our money and do the safe method to minimize the risk which is buying regularly so we will not be stuck at a single price and we can buy to the average price as much as possible.
hero member
Activity: 1666
Merit: 502
I think doing it is risky big enough because all your money is in cryptocurrency and if that's crypto has a decreasing in price the auto you will experience big loss. eventhough if price up you get bigger profit it's better to have in safe zone with half your money in crypto.
legendary
Activity: 2534
Merit: 1338
I do not put all my money on cryptocurrency since majority of it are being used for family budget and bills payment.  I only allocate the free fund (excess after budgeting the money) and not 100% of it.  I allocate 50% as savings in cryptocurrency and 50% as savings in fiat money. This is to make sure that I won't be touching my BTC for a very long time..
That is a very high percentage, just remember to be responsible and don’t take many chances since bitcoin price can change very quickly and in that way you could profit from bitcoin but you could also lose money if you are not attentive about the price.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
Most don't have a large amount of their money on BTC because it is too new and too risky. Who has a lot of coins was a super early adopter that kept his/her coins "forgotten".
The new altcoins that are been created in these days has attracted much attention, with investors trying to figure out which can be the next BTC... maybe this one way to earn a lot... or lose all:Smiley

Btc IS the next Btc.... Get it or regret it folks
Ethereum is growing alongside it but they are not the same animal , differently designed for different purposes but that's not to say anything necessarily  bad about the altcoins..

You can't really go wrong with top. 5 coins over the long term imo, the only one I would not buy is dash
member
Activity: 70
Merit: 10
https://boscoin.io
Most don't have a large amount of their money on BTC because it is too new and too risky. Who has a lot of coins was a super early adopter that kept his/her coins "forgotten".
The new altcoins that are been created in these days has attracted much attention, with investors trying to figure out which can be the next BTC... maybe this one way to earn a lot... or lose all:Smiley
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