Topic: Anyone else HAVE most or maybe ALL of their money in btc/crypto? - page 7. (Read 5670 times)
I don't think that every user makes their entire investment on bitcoin, because it is really annoying at times when price falls unexpected. So it's good to have our investment in different forms to compensate the lose with one another and be profited on holding it for a long time period.
I started investing to stock market in my country and after a year, I stumbled upon to cryptocurrency. When I learned about the basics of it, I just transferred all my money from stocks to crypto. This huge decision for me is now making me more money than the stock market provided. I still have ample amount of money in fiat but I can say that 30% to 40% of my fortune is in crypto right now. Understanding the risks is very important and I have exit plans in different scenarios that might occur in the future.
dear taxman i have x% of my money in bitcoin and have not been paying my taxes, i am declaring this on public forum that a lot of you 3 letter agencies are watching so you can come after me and screw me over. thanks for your services. <3
I have almost 0.01 bitcoin and I know it is a small amount but since I started saving my satoshi around December last year, I am actually quite proud to achieve this amount which is now more than $10.
To put this into perspective: it is more money than in my bank account. I am over 30 years old. I never made much savings. So in a way, if I even just continue saving a little like now, it is most of my savings. (To put into another perspective, minimum wage in my country is $184 dollars, and my job is almost $240).
My target: have 0.24 BTC to match my salary!
To put this into perspective: it is more money than in my bank account. I am over 30 years old. I never made much savings. So in a way, if I even just continue saving a little like now, it is most of my savings. (To put into another perspective, minimum wage in my country is $184 dollars, and my job is almost $240).
My target: have 0.24 BTC to match my salary!
At the moment 'NO'. And I don't think one should put all their money in btc/crypto either, two reasons come to my mind, one, it is very risky, you can lose a lot too, and secondly it will be quite expensive to use. So may put all your saving in btc or put 50% of your wealth in btc, but not the amount you're gonna need to use tomorrow or the day after. Because I feel to earn some valuable profit with such big investments, it has to be long term and for that, it shouldn't be all of your wealth but all that you can live without for a while.
I put a bunch of money into BTC and LTC and damn, i am stoked
Sold all of my stocks and put a good amount in
Sold all of my stocks and put a good amount in
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I don't really have much money in cryptocurrency at all. I had some money but most of it dissipated when some of my investments went sour.
Most of my money is in other financial instruments.
I should start investing more into btc/crypto because there can be a lot of great money there. However the liquidity of btc/crypto is still very weak in comparison to the alternatives (CDs, ETFs)
Same here--it's hard to lose money in the stock market nowadays, as well. I do wish I'd kept the 1.X bitcoin I had last year, but I got burned on a loan and spent the rest of it. I probably would have made more gains in crypto than the stock market. Alas...was not meant to be.Most of my money is in other financial instruments.
I should start investing more into btc/crypto because there can be a lot of great money there. However the liquidity of btc/crypto is still very weak in comparison to the alternatives (CDs, ETFs)
But no, I do not have most/all/even half of my money in crypto. And it'll never be that way. I see bitcoin as insanely risky and I'm nearing old age, and thus I can't risk it.
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
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.
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
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.
Or is it just me lol?
Can't complain thesedays, fat stacks just getting fatter
Can't complain thesedays, fat stacks just getting fatter
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