Can I invest my 60% savings in Bitcoin? - page 5.

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Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

You have asked a question that is very difficult to answer. If I say Bitcoin will not fall below $20000 then it is unrealistic. The Bitcoin market is constantly changing. Any situation can happen at any time. If you want to invest then definitely invest because the market is very investable right now.

Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

suggest please I can bear some Loss but Can,t afford 100% loss

waiting for all expert members suggestion?

But you can rest assured that Bitcoin will never be 100% damaged. If you can invest in Bitcoin right now then I can definitely say that you will be successful very soon. Because the next Hal-Bong is not far away. If you wait till 2024 you can see your success.

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Quote from: Reatim on February 22, 2023, 12:37:29 AM

Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss

waiting for all expert members suggestion?

after 3 weeks , have you completely decided mate? if not then you missed the chance to earn 16% as of today?

well if not then sorry for you are there is a little trust from your side to Bitcoin , if that is how you look at this market then best to invest in altcoin instead so you will face defeat because of no assurance and security .

If we already have doubts in our mind before investing, I don't think it was good to continue and urge ourselves to do that because I have the feeling that it never works and could probably be ended up losing them all. It was best for OP to just relax and wait for the moment that he fully understands crypto and when he is fully ready to invest without single negativity in his mind otherwise investing in crypto is not for him. Because the truth is that it was hard to get assurance when we are not fully ready to take risks.

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Quote from: DiMarxist on February 22, 2023, 02:24:42 PM

Quote from: kamvreto on February 22, 2023, 01:01:02 PM

Quote from: MarjorieZimmermanGinger on February 22, 2023, 01:16:52 AM

~snip~For me it is not recommended for beginners to try to invest as much as 60% of their savings in Bitcoin, because the knowledge they have will not be comparable to the expectations they want when bitcoin is undergoing a long correction process, but it is better for them to start trying to take small amounts gradually and once he starts to understand how to invest, then take big opportunities when market conditions support buying, this step will lead someone to learn to understand the level of risk in investing.

60% might not be too bad for me, as long as beginners hold bitcoin and we all know that bitcoin is a recommendation for long term investment and with bigger profits and not affected by altcoins. the remaining 40% can be used for other investments such as for some of the top altcoins and for Fiat reserves, which is useful when prices start to fall beginners still have reserves to buy back. Buying gradually when you start to understand the investment can also be done, but determine where you will buy it. make sure it's secure.

To invest in 60% is not below standard,as for me is not good for beginners to start investing in their saving Bitcoin, because is not going to be better for it, in their profits.because the knowledge they have will not be comparable to the expectations they want.Also, we should mind off that not all people would really be having the on the same risk taking which there are people who could afford on spending up 60% of their savings and some couldn't really just able to bare up the risks.If someone wants to invest in bitcoins for the long term, then it shouldn't be a big deal to buy them at any price but I will advise the person to buy bitcoin in bear market and sell it bull market to gain higher profits.And you have an emergency issue and you don't have money and you have bitcoin to solve the issue then you sell the bitcoin in anytime,nearest or bulless.

Sooner or later you would realize for yourself thats not how things goes or works.You might be having those impressions when you are just starting up but as you do go further ahead or you are really

that learning along the way on which your awareness becomes even more wider and more bolder then for sure you would be making up some realizations on what are the things that you should do.

When we are still beginners or newbie then its inevitable that we would be thinking up things too exaggerately which would causes for us to make up bad decisions.
Speaking about 60% in savings on buying bitcoin or crypto then it is really always falls down into your own choice.

DiMarxist

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Quote from: kamvreto on February 22, 2023, 01:01:02 PM

Quote from: MarjorieZimmermanGinger on February 22, 2023, 01:16:52 AM

~snip~For me it is not recommended for beginners to try to invest as much as 60% of their savings in Bitcoin, because the knowledge they have will not be comparable to the expectations they want when bitcoin is undergoing a long correction process, but it is better for them to start trying to take small amounts gradually and once he starts to understand how to invest, then take big opportunities when market conditions support buying, this step will lead someone to learn to understand the level of risk in investing.

60% might not be too bad for me, as long as beginners hold bitcoin and we all know that bitcoin is a recommendation for long term investment and with bigger profits and not affected by altcoins. the remaining 40% can be used for other investments such as for some of the top altcoins and for Fiat reserves, which is useful when prices start to fall beginners still have reserves to buy back. Buying gradually when you start to understand the investment can also be done, but determine where you will buy it. make sure it's secure.

To invest in 60% is not below standard,as for me is not good for beginners to start investing in their saving Bitcoin, because is not going to be better for it, in their profits.because the knowledge they have will not be comparable to the expectations they want.Also, we should mind off that not all people would really be having the on the same risk taking which there are people who could afford on spending up 60% of their savings and some couldn't really just able to bare up the risks.If someone wants to invest in bitcoins for the long term, then it shouldn't be a big deal to buy them at any price but I will advise the person to buy bitcoin in bear market and sell it bull market to gain higher profits.And you have an emergency issue and you don't have money and you have bitcoin to solve the issue then you sell the bitcoin in anytime,nearest or bulless.

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Quote from: MarjorieZimmermanGinger on February 22, 2023, 01:16:52 AM

~snip~For me it is not recommended for beginners to try to invest as much as 60% of their savings in Bitcoin, because the knowledge they have will not be comparable to the expectations they want when bitcoin is undergoing a long correction process, but it is better for them to start trying to take small amounts gradually and once he starts to understand how to invest, then take big opportunities when market conditions support buying, this step will lead someone to learn to understand the level of risk in investing.

60% might not be too bad for me, as long as beginners hold bitcoin and we all know that bitcoin is a recommendation for long term investment and with bigger profits and not affected by altcoins. the remaining 40% can be used for other investments such as for some of the top altcoins and for Fiat reserves, which is useful when prices start to fall beginners still have reserves to buy back. Buying gradually when you start to understand the investment can also be done, but determine where you will buy it. make sure it's secure.

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Quote from: MarjorieZimmermanGinger on February 22, 2023, 01:16:52 AM

Quote from: lienfaye on February 21, 2023, 11:00:57 PM

There's a possibility for the price to crash below $20k level but it doesn't mean you'll face 100% loss with your investment. Did you buy Bitcoin already if so, at what price?

You can invest your savings because it's all up to you. However, keep in mind that there's no assurance if you'll gain (but of course as a bitcoiner, we're postive in the future of Bitcoin) since we don't know what lies ahead that can affect the price of Bitcoin. That's why invest only the money that you can afford to lose, because obviously you're already worried facing 100% loss so you're looking for an accurate answer about the price. Hence, much better if you think carefully and ask yourself if you can bear to see a worse can to happen because the future is uncertain.

Maybe there is a pattern that can be applied by OP in investing, if adjusting the title he made in this post, the level of savings and the percentage of investment he made is too large for a middle class class of people. So it can be concluded that the OP only wants to listen to suggestions and input on investment by adjusting the pattern that is suitable to be applied.

For me it is not recommended for beginners to try to invest as much as 60% of their savings in Bitcoin, because the knowledge they have will not be comparable to the expectations they want when bitcoin is undergoing a long correction process, but it is better for them to start trying to take small amounts gradually and once he starts to understand how to invest, then take big opportunities when market conditions support buying, this step will lead someone to learn to understand the level of risk in investing.

As starter to something that you still in the process of learning, I see your point and yes, it should not be that much as you can quickly feel fear and when the market fall so hard, that will be the cause of your losing, when fear dominates you will sell your holdings without realizing that the cycle is normal.

Just like how it was being presented, investing will depend with how you guage your knowledge with the market that
you are taken as medium of your investment.

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Quote from: lienfaye on February 21, 2023, 11:00:57 PM

There's a possibility for the price to crash below $20k level but it doesn't mean you'll face 100% loss with your investment. Did you buy Bitcoin already if so, at what price?

You can invest your savings because it's all up to you. However, keep in mind that there's no assurance if you'll gain (but of course as a bitcoiner, we're postive in the future of Bitcoin) since we don't know what lies ahead that can affect the price of Bitcoin. That's why invest only the money that you can afford to lose, because obviously you're already worried facing 100% loss so you're looking for an accurate answer about the price. Hence, much better if you think carefully and ask yourself if you can bear to see a worse can to happen because the future is uncertain.

Maybe there is a pattern that can be applied by OP in investing, if adjusting the title he made in this post, the level of savings and the percentage of investment he made is too large for a middle class class of people. So it can be concluded that the OP only wants to listen to suggestions and input on investment by adjusting the pattern that is suitable to be applied.

For me it is not recommended for beginners to try to invest as much as 60% of their savings in Bitcoin, because the knowledge they have will not be comparable to the expectations they want when bitcoin is undergoing a long correction process, but it is better for them to start trying to take small amounts gradually and once he starts to understand how to invest, then take big opportunities when market conditions support buying, this step will lead someone to learn to understand the level of risk in investing.

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Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss

waiting for all expert members suggestion?

after 3 weeks , have you completely decided mate? if not then you missed the chance to earn 16% as of today?

well if not then sorry for you are there is a little trust from your side to Bitcoin , if that is how you look at this market then best to invest in altcoin instead so you will face defeat because of no assurance and security .

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Quote from: Oasisman on February 15, 2023, 08:45:47 PM

Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss

waiting for all expert members suggestion?

Go ahead and look at the price history of Bitcoin since the beginning.Then analyze it's growth each and every year pass. Remember the cycle on how many months/years before Bitcoin crashes, recovers, and pumps.
Looking at these will give you an idea whether or not you'll end up 100% losses when you put your money in Bitcoin.
I believe, you will never have losses if you don't sell during the bearish season. Just hold it still for long term, be patient and you'll never get to have losses.

not if he will not have put a greedy attitude , because if does then things will change and will not favor His position in growing His funds.
chart and history will discuss how it will be better for this coin and this market to grow over the years specially that 4 years cycle that we knew always brings positive increase to all crypto either shitcoin or memecoins .

lienfaye

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There's a possibility for the price to crash below $20k level but it doesn't mean you'll face 100% loss with your investment. Did you buy Bitcoin already if so, at what price?

You can invest your savings because it's all up to you. However, keep in mind that there's no assurance if you'll gain (but of course as a bitcoiner, we're postive in the future of Bitcoin) since we don't know what lies ahead that can affect the price of Bitcoin. That's why invest only the money that you can afford to lose, because obviously you're already worried facing 100% loss so you're looking for an accurate answer about the price. Hence, much better if you think carefully and ask yourself if you can bear to see a worse can to happen because the future is uncertain.

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Quote from: Wong Gendheng on February 15, 2023, 02:22:57 AM

Many people are too eager to buy bitcoin, unfortunately when there is a difficult situation such as a red market like 2022 then they stop and immediately sell even with a loss condition, in my opinion this is a big mistake, better investment with a small amount that we can think of missing, and The most important thing is to be patient for hold, if we can hold at least 4 years then we have the opportunity to get a profit of 200% or maybe more.

It is insane to sell in a bear market, bear markets are for buying bitcoin and bull markets are for selling them at profit However we usually do the opposite, that is, we buy in the bull market thinking the prices will go even higher and sell in bear market thinking it may become to zero.

Anyways, I would suggest everyone invest 100% of their savings in bitcoin at the present time as this is the best investment at the best time. Bitcoin is near 24K, it may go a bit down but in the long term, we are seeing bitcoin over 50K and beyond. I must say that this bitcoin investment can be a lifetime opportunity.

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Quote from: gunhell16 on February 21, 2023, 12:06:42 AM

Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss

waiting for all expert members suggestion?

First of all, I can answer your question that no one can tell you that you should spend or sell 60% of your bitcoin savings because it is your money.

Let's just assume that I am the one who has bitcoin holdings, and there are things that we should know ourselves why we are saving bitcoin. Most people also know that bitcoin is really good for long-term holdings.

if you think you need money because you have an emergency and you only have bitcoin to use in this emergency, of course, the answer is only you who knows, not us. But if it's because you see that you have an income and it's big for you, it's still yours and I can say that you have nothing to lose either.

Its our money which means it our full rights on what we should gonna do with it which it would really be just right that you should follow on what you should have in mind.Also, we should mind off that not all people would really be having the on the same risk taking which there are people who could afford on spending up 60% of their savings and some couldn't really just able to bare up the risks.

Even myself cant really be able to take up that huge risk and i would rather putting 30% in Bitcoin and some altcoins and the rest would be leave out in fiat.No matter how i do hate up fiat
but we cant really just deny that we are really that still needing to make some assurance on something that we've been using through ages.It is really just that it is really that
prone into some several problems.

gunhell16

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Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss

waiting for all expert members suggestion?

First of all, I can answer your question that no one can tell you that you should spend or sell 60% of your bitcoin savings because it is your money.

Let's just assume that I am the one who has bitcoin holdings, and there are things that we should know ourselves why we are saving bitcoin. Most people also know that bitcoin is really good for long-term holdings.

if you think you need money because you have an emergency and you only have bitcoin to use in this emergency, of course, the answer is only you who knows, not us. But if it's because you see that you have an income and it's big for you, it's still yours and I can say that you have nothing to lose either.

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Quote from: Oasisman on February 15, 2023, 08:45:47 PM

Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss

waiting for all expert members suggestion?

Go ahead and look at the price history of Bitcoin since the beginning.Then analyze it's growth each and every year pass. Remember the cycle on how many months/years before Bitcoin crashes, recovers, and pumps.
Looking at these will give you an idea whether or not you'll end up 100% losses when you put your money in Bitcoin.
I believe, you will never have losses if you don't sell during the bearish season. Just hold it still for long term, be patient and you'll never get to have losses.

It is very important that you understand how the business works before you take your step into it, just like how you said it, analyze and observe how the market runs for the past years and see if you can predict the next upcoming market run, it's more on how you do your research and what are the possibilities that it can take when you place your position.

Make sure to work with your analysis and always think positively, that vibes can extend your patience and not to develop fears when
the ongoing market dump is happening.

Trust your own analysis and always have a good backup to whatever direction you decide to support and invest your money.

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Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss

waiting for all expert members suggestion?

Go ahead and look at the price history of Bitcoin since the beginning.Then analyze it's growth each and every year pass. Remember the cycle on how many months/years before Bitcoin crashes, recovers, and pumps.
Looking at these will give you an idea whether or not you'll end up 100% losses when you put your money in Bitcoin.
I believe, you will never have losses if you don't sell during the bearish season. Just hold it still for long term, be patient and you'll never get to have losses.

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Quote from: Wong Gendheng on February 15, 2023, 02:22:57 AM

Many people are too eager to buy bitcoin, unfortunately when there is a difficult situation such as a red market like 2022 then they stop and immediately sell even with a loss condition, in my opinion this is a big mistake, better investment with a small amount that we can think of missing, and The most important thing is to be patient for hold, if we can hold at least 4 years then we have the opportunity to get a profit of 200% or maybe more.

True. Even if they hold bitcoins during bad market conditions instead of panic selling, they won't lose in the long run. Because 1 Bitcoin equals 1 Bitcoin.

However, in any investment, investment should be made according to the ability to invest, so that even if it is necessary to hold for a long time, the investor does not have to face financial problems. The market is open and constantly giving opportunities, the investor who can exploit that opportunity at the right time can win in the end.

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Quote from: ShowOff on February 15, 2023, 09:16:08 AM

If someone wants to invest in bitcoins for the long term, then it shouldn't be a big deal to buy them at any price. But there are better strategies to take advantage of especially when the market is corrected by a few percent, I mean buying on the dips is much more profitable in the long term.

Investment time frames may vary, especially since investors have different profit targets. I don't think that's the case, but it's true that investing in bitcoin is a good choice right now. If the OP thinks 60% is high, then there are people out there who even believe 100% is way better. It's not that asset diversification is bad, but they just believe that bitcoin has better potential in the long term.

I think it "matters" in the sense that if bitcoin is 400k one day, buying at 40k and buying at 20k matters a lot, in one of them you have 400k, in the other you have 800k in your pocket when that happens. Not many people calculate the potential profit in the future, and that is a bit of an issue. However, you do not know how low it could get, which is why many just end up buying, and I do that too.

I keep buying all the time, which means eventually I would be making a profit, it's not going to be too simple and I will have to wait and meanwhile I keep buying but that doesn't mean that we shouldn't be really selling it at all, it is as normal as it gets.

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Quote from: ShowOff on February 15, 2023, 09:16:08 AM

... I don't think that's the case, but it's true that investing in bitcoin is a good choice right now. If the OP thinks 60% is high, then there are people out there who even believe 100% is way better. It's not that asset diversification is bad, but they just believe that bitcoin has better potential in the long term.

Investing in bitcoin is a good choice as it offers higher returns than other assets but also remembers that its risk is higher than all the rest. I don't care the OP invests 60% or 100% of his savings, I just wanted to tell you and him that: we should only invest what we can lose, not invest what we cannot lose. Whether bitcoin or other investments, there is no guarantee that it will always generate profits without risk. We don't have any evidence to say bitcoin will definitely increase in price in the future its just a prediction like everyone else.

ShowOff

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Quote from: GeorgeJohn on February 14, 2023, 05:05:55 PM

I want you to understand that theirs no time you purchase Bitcoin that's in vain, if you notice that the market of Bitcoin is decreasing and you want to top up your investment you can as well purchase, because Bitcoin investment the profit is been derived or determine due to how long of the investment, so Bitcoin investment or purchasing of Bitcoin can take place any time.

If someone wants to invest in bitcoins for the long term, then it shouldn't be a big deal to buy them at any price. But there are better strategies to take advantage of especially when the market is corrected by a few percent, I mean buying on the dips is much more profitable in the long term.

Investment time frames may vary, especially since investors have different profit targets. I don't think that's the case, but it's true that investing in bitcoin is a good choice right now. If the OP thinks 60% is high, then there are people out there who even believe 100% is way better. It's not that asset diversification is bad, but they just believe that bitcoin has better potential in the long term.

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Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

looking at and considering the volatility of the bitcoin price, at any time the bitcoin price could go back below $ 20k! but for the probability of down and also up i give 50%:50%

Quote from: Sandra99 on February 06, 2023, 12:13:21 PM

suggest please I can bear some Loss but Can,t afford 100% loss

waiting for all expert members suggestion?

as other members have said, you will not get accurate answers and also the right choices if you don't decide what to do next. if you really just want to make a profit from bitcoin, the key to profit is not to sell when the price is down but sell when the market is good and take a profit from it. many newbies are losing money just because they sell when they are panicking.

Topic: Can I invest my 60% savings in Bitcoin? - page 5. (Read 1239 times)