Bitcoin investment - page 6. | Bitcointalksearch.org

bitcoinsocial09

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Quote from: CryptoBry on November 15, 2019, 05:41:03 AM

Quote from: HammadAli on November 15, 2019, 04:38:33 AM

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility? I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

I heard about that exciting story of Didi who sold even his house so that he can buy all the Bitcoin he can. The timing was so right for him and I am sure he got all the riches that he dreamed of. What he did is gambling because we know that Bitcoin can be so volatile and though we are hoping the best we should also be prepared for the worst. Based on common sense, putting one's eggs in just one basket can be a formula for disaster in case something wrong can happen but if things turned to be right then an avalanche of blessings can occur. This must be the mindset of a gambler which we are always discouraging. Of course, since it is not our money anyway we can only caution anyone but ultimately this is the decision of the person owning the money whatever path he would like to pursue. And if you ask me, between gambling in an online casino or Bitcoin I would surely go with the latter.

I think bitcoin as of today because the price of the bitcoin was so volatile it is still one of the best investments in cryptocurrency. I just opened my bitcoin in the past week and i still have a few bitcoins that profit I buy bitcoin last year and even it is not a very high volume it still profit I think surely in long term investment bitcoin was a good investment no other than i think the bitcoin market price surely pumps in the market as the community of cryptocurrency is getting bigger meaning a lot of people is investing also in the bitcoin market making the supply to go down and increase also increases its demand in the market because of a lot of users in the community also as it is used in a lot of transaction and as a payment option a lot of people starting to recognized it also.

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Quote from: alisonwonder on November 15, 2019, 10:42:10 AM

Quote from: Tipstar on November 15, 2019, 10:33:24 AM

Putting all your money in a single thing is the most stupid thing to do. As an investor, if you are investing in crypto, invest also in stocks. Real estate investment could also be a good investment for some parts of world. Even when investing on crypto, you should diversify your investment on at least 5 different coins and hold most of them in the wallet you hold the key of.

what about limited capital? I usually only put it in one basket because of limited capital. but as much as possible I chose the good investment.

You’re still good mate and diversification doesn’t works to everyone. If you have limited capital then you must put it on the best investment, you’re doing good and in the future if you have more funds to invest make sure to start diversification. Putting on one basket is too risky, but there’s an exemption for that and we must not over diversified to gain more profit.

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Quote from: HammadAli on November 15, 2019, 04:38:33 AM

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility? I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

Investing in Bitcoin is like any other investment. You just need to understand the principles of investment and the crypto market before you can be very successful investing in Bitcoin and you also don't need to listening to all kinda advice people give about investing in Bitcoin. Knowledge and understanding are the key elements to become very successful with Bitcoin investment.

alisonwonder

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Quote from: Tipstar on November 15, 2019, 10:33:24 AM

Putting all your money in a single thing is the most stupid thing to do. As an investor, if you are investing in crypto, invest also in stocks. Real estate investment could also be a good investment for some parts of world. Even when investing on crypto, you should diversify your investment on at least 5 different coins and hold most of them in the wallet you hold the key of.

what about limited capital? I usually only put it in one basket because of limited capital. but as much as possible I chose the good investment.

Tipstar

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Putting all your money in a single thing is the most stupid thing to do. As an investor, if you are investing in crypto, invest also in stocks. Real estate investment could also be a good investment for some parts of world. Even when investing on crypto, you should diversify your investment on at least 5 different coins and hold most of them in the wallet you hold the key of.

Thecryptocurrency09

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Quote from: HammadAli on November 15, 2019, 04:38:33 AM

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility? I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

In the past years, I do cryptocurrency posting in forums like this and earn a good amount of money and today I just go back here in the forum to post. Until today I don't sell my bitcoin, to be honest, I totally forget the bitcoin that I earn luckily the bitcoin market price today was so pump even I don't have a good investment it still has a good profit for years. I think even until now we can already see the fact that bitcoin is becoming better and better in many ways not just in market price and also the community is getting bigger,also the bitcoin is becoming more popular in a lot of countries that surely affects the popularity of bitcoin making it a good currency and also a good assets.

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Quote from: Edraket31 on November 15, 2019, 09:28:30 AM

Quote from: skarais on November 15, 2019, 08:49:15 AM

People are interested in investing in bitcoin or altcoin because they hope to get a lot of benefits. Craving a lot of profit through investing is not wrong, but an investor must have a portfolio before they really want to invest large amounts. Bitcoin investments allow people to get bigger profits, but putting all the money here will only make us bet with high market volatility. Not many people do it now, because people already understand this investment.

People has been interested in investing not because there's a lot of benefits but with the fact that they wanted to earn quick profit in just short period of time, because of the hype that has been made during the last bull run. Still, people has a freedom to choose if they prefer investing without proper investigation then it will be up to them, we all know that there is a consequence in our every actions, if we let ourselves just doing hype then let's also bare the negative impact.

both are true, I am also interested because I want to get a lot of profits in a fast time, and as long this time when I trade, it is quite bad, because I put it in one basket.
fluctuations from cryptocurrency if we are smart to use it, we can actually get big profits, but on the contrary, if you can't can it, it could backfire a big defeat.

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Quote from: HammadAli on November 15, 2019, 04:38:33 AM

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility? I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

It is true that we shouldn't put all of our eggs in one basket because there's a chance for it to lose it all in instant. It is true indeed that the future of cryptocurrency is vague yet risky, however, if you don't take any risk there will be no change will happen.
Giving such advice is not bad I'd say even take some random thoughts by others because this could serve only as a guide, besides its up to yourself if you will take the opinion or not. I haven't seen anything wrong about folks that are likely to share their opinion and experiences because this could be an inspiration for others to build up their own story.

Edraket31

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Quote from: skarais on November 15, 2019, 08:49:15 AM

People are interested in investing in bitcoin or altcoin because they hope to get a lot of benefits. Craving a lot of profit through investing is not wrong, but an investor must have a portfolio before they really want to invest large amounts. Bitcoin investments allow people to get bigger profits, but putting all the money here will only make us bet with high market volatility. Not many people do it now, because people already understand this investment.

People has been interested in investing not because there's a lot of benefits but with the fact that they wanted to earn quick profit in just short period of time, because of the hype that has been made during the last bull run. Still, people has a freedom to choose if they prefer investing without proper investigation then it will be up to them, we all know that there is a consequence in our every actions, if we let ourselves just doing hype then let's also bare the negative impact.

veleten

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as in every aspect of your day to day life - use your brain
investing in bitcoin is similar to investing in any asset , only bitcoin is way more volatile and this could mean either big profit
or a substantial loss if you enter the market at the wrong time or decide to sell on the low
people tend to hear that buying bitcoin is "trendy" and they hear stories like OP posted about a guy who sold everything and his dog to buy bitcoins and became rich
then , without doing any research , they succumb to the almighty FOMO and buy something they have a very vague idea about
after a while , the price drops and shows no sign of recovery , they get discouraged and sad and sell low and now bitcoin is a pyramid and a scam to them
do not be one of those, use your brains and common sense , do research and buy bitcoin with the money you can afford to invest or spend

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Quote from: HammadAli on November 15, 2019, 04:38:33 AM

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility? I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

Agree with your point. I don't know much about Didi Taihuttu but the thing to be considered here is that he did not sell all his coins when the market dumped to $100 from $1000. So determination and belief should be must when you are investing in a particular asset.

skarais

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People are interested in investing in bitcoin or altcoin because they hope to get a lot of benefits. Craving a lot of profit through investing is not wrong, but an investor must have a portfolio before they really want to invest large amounts. Bitcoin investments allow people to get bigger profits, but putting all the money here will only make us bet with high market volatility. Not many people do it now, because people already understand this investment.

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Quote from: HammadAli on November 15, 2019, 04:38:33 AM

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

not only with bitcoin, I think all investments have their own risks and I certainly never recommend someone to invest with bitcoin because we know there are only a few investors who have a lot of successful experiences with bitcoin investments because they already know a lot about bitcoin, and for me definitely not going to invest with bitcoin from all the income from hard work because if we suffer losses this will definitely drive us crazy.

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Buying btc or Altcoin depends on you.I think who have good knowledge about crypto they can't ignore BTC.

Quote from: HammadAli on November 15, 2019, 04:38:33 AM

Dont put all your eggs in one basket."

you can invest in your money in BTC,ETH,BNB,LTC ,If you don't want to invest all of your money one place.

Quote from: HammadAli on November 15, 2019, 04:38:33 AM

His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

Actually I don't think about the price too much.No matter what price is it..I am trying to buy btc for future.

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Quote

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home

That's not recommended especially now that we experienced an all-time high followed by a big dip and those people who bought in the all-time high, sold their coins at a lost, people should think scenario that it could happen again.

Quote

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average.

Best to proceed is to read a lot and listen to all sides not only the shillers and the FUDSTERs, there are some truth on what they say and some are not.

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I never advise people to put all their assets in bitcoin or other cryptocurrency. if someone asks me, I always explain the risks and benefits of bitcoin. so they can choose. I suggest buying bitcoin but with free money, or accordingly they dare to lose. it's true, bitcoin is currently controversial, and it's not yet clear about its uses, and regulations. Bitcoin is still vulnerable. high risk, high profit.

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Quote from: pecson134 on November 15, 2019, 07:25:49 AM

It's a very bad choice if you invest "ALL" your money that comes from your source of income like job salary. If you want to invest you need to learn the full mechanics of the industry you partake with. At least start with a few investment then adjust it depending on the current status and look for foreseeable outcome in the future.

Not really a bad choice, but it is an idiotic decision to invest all of your money, but also amazing in the same way. You see for an individual to invest all of his reserved money without thinking about the risk and the outcome of it. But I am not saying that become an amazing person and invest all of your money, but to be smarter and think everything first before investing.

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Everyone won't risk investing completely on bitcoin and cryptocurrencies. This is a common saying don't put every egg on a single basket, not only with cryptocurrency it suits every form of investment. There are people who have risked investing everything on bitcoin and made their living better. It happened because they had patience. With cryptocurrency patience is a must to profit. Though we aren't sure about the profit, till date none has experienced loss investing into bitcoin. Only the lack of patience and the mistakes have made them experience loss.

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Quote from: HammadAli on November 15, 2019, 04:38:33 AM

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility? I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

It's a very bad choice if you invest "ALL" your money that comes from your source of income like job salary. If you want to invest you need to learn the full mechanics of the industry you partake with. At least start with a few investment then adjust it depending on the current status and look for foreseeable outcome in the future.

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Quote from: Kupid002 on November 15, 2019, 06:18:56 AM

Lol of course investors should know the risk investing. Why would you invest all your money if you know that there is no guaranteed that your money will grow thats suicide idea. Yoi can invest in bitcoin 5 -10 % of your money but dont use it all.

That's right, there is no investor that will invest all of their money with no guaranteed return of when and how long will it take. Investors should think of the possibilities they might face after they invest and its circumstances. Investment should be done by realizing and analyzing your investment, using a small percentage of your money as you said is a good idea to minimize losses and to at least control yourself and avoid investing too much.

Topic: Bitcoin investment - page 6. (Read 997 times)