Topic: Can I invest my 60% savings in Bitcoin? - page 6. (Read 1174 times)
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.
Today the market is red again and if we have a long term goal then today is a good time to top up the wallet balance, many are worried if the price will drop below $20k, and I think we can see in 2 or 3 days, if the price still above $20k the chances of going up are greater than dropping below $20k.
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. - Since we are talking about savings that you have now op, just remember that the value of Bitcoin can rise a lot or fall a lot, so, here you already know the risk that can be faced with the 60% savings that you will allocate in bitcoin.
Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...
Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...
Since this is savings and he said he doesn't want to lose everything, it means he can't hold it for long, so I think it's better for him not to invest. Investing in bitcoin may or may not be profitable, no one can say for sure that bitcoin will rise again, or bitcoin will definitely rise in 2025, it's all speculation and willingness to take risks. OP should decide for himself, don't listen to anyone's advice, because anyway it's OP's money, not someone else's, so if OP loses, no one cares.
kind of considerations which we do know that it is really something risky thing that we would make.No matter how noob you are but with having our own common sense then its impossible that we wont really be seeing these things specially that there would be no assurance.Sometimes there are people who are really just that optimistic despite of the risk and this is where mistakes and regrets could really be felt ot.
Invest on what you can afford to lose and something that doesnt involved emergency or life savings.
You need to do your own analysis and not just to rely with how others are doing with their trades, there's no one who can accurately predicts where the market will proceed, all are opinions and specualtions base from how they anticipate the market will possible to go, but the final decision making is still depends from how you understand and how you done with your own research and analysis.
It will work if you are open in doing your proper adjustment, using other's outcome can give you broader idea in how to anticipate and how you will improve your own analysis. You can always use this information in order to prepare yourself for making decisions, especially those that are really tough when the market is too difficult to predict.
I mean, when massive dump or a quick pump that will give you hesitation if what position you'll going to take.
- Since we are talking about savings that you have now op, just remember that the value of Bitcoin can rise a lot or fall a lot, so, here you already know the risk that can be faced with the 60% savings that you will allocate in bitcoin.
Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...
Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...
Since this is savings and he said he doesn't want to lose everything, it means he can't hold it for long, so I think it's better for him not to invest. Investing in bitcoin may or may not be profitable, no one can say for sure that bitcoin will rise again, or bitcoin will definitely rise in 2025, it's all speculation and willingness to take risks. OP should decide for himself, don't listen to anyone's advice, because anyway it's OP's money, not someone else's, so if OP loses, no one cares.
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?
you are asking about your investment percetage but you did not mentioned what is your strategy in this investing .how much Probability for Down ?
suggest please I can bear some Loss but Can,t afford 100% loss
waiting for all expert members suggestion?
I mean are you willing for long term taking? then you don't have to worry at all as long as you can handle the risk of not getting or generating income when there is sudden losses but surely it will recover eventually at least 4 years again.
You need to do your own analysis and not just to rely with how others are doing with their trades, there's no one who can accurately predicts where the market will proceed, all are opinions and specualtions base from how they anticipate the market will possible to go, but the final decision making is still depends from how you understand and how you done with your own research and analysis.
Even though there are no accurate crypto market predictions, we must prioritize our own analysis rather than trusting other people's analysis. With regards to DCA investing, anyone starting an investment should be patient buying BTC at a lower price than the current price, the market can fall at any time so it will provide an opportunity to add more assets to the long term portfolio.
- Since we are talking about savings that you have now op, just remember that the value of Bitcoin can rise a lot or fall a lot, so, here you already know the risk that can be faced with the 60% savings that you will allocate in bitcoin.
Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...
Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...
Since this is savings and he said he doesn't want to lose everything, it means he can't hold it for long, so I think it's better for him not to invest. Investing in bitcoin may or may not be profitable, no one can say for sure that bitcoin will rise again, or bitcoin will definitely rise in 2025, it's all speculation and willingness to take risks. OP should decide for himself, don't listen to anyone's advice, because anyway it's OP's money, not someone else's, so if OP loses, no one cares.
those are the possibilities on that matter the way I see it because like me>?this is my doings each time I invested in long term purposes .
You need to do your own analysis and not just to rely with how others are doing with their trades, there's no one who can accurately predicts where the market will proceed, all are opinions and specualtions base from how they anticipate the market will possible to go, but the final decision making is still depends from how you understand and how you done with your own research and analysis.
bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?
It is always possible to drop below $20k because no one can guarantee the price of Bitcoin to stay at a certain rate. But if we consider the current trend in crypto market, I think it is unlikely to drop below $20k again. Since January 2023, crypto market looks much better than the previous year. No much FUDs as in 2022 and it seems to have more good news coming up. In addition, we already left the first year of the bearish season and we continue to the second year. It means that we already passed the worse time of the bearish season. Since 2024 looks like as the first year of the bullish season, I assume Bitcoin price tends to continue raising, there will be no huge drop again as in 2022.how much Probability for Down ?
suggest please I can bear some Loss but Can,t afford 100% loss
If you invest in Bitcoin, you never lose 100% of your funds. When Bitcoin price drops, your investment value only drops temporarily. There will be a time in the future when your investment value will raise again.
If you are not ready to bear all the losses, then never invest more, let alone 60%, it's too big for beginners, although I'm sure bitcoin won't fall to 100%, but if it falls lower, for example to $ 10k or more than that, you have to be prepared to hold on until the price recovers.
I know it won't be easy for you but I'm glad you tried to see other people's suggestions and also some points to take but don't rely too much on others because thoughts will always be different, I believe if you invest 60% of your savings it's not something very bad if you don't sell it, but now what you have to understand is to practice how to hold back patience/anger/emotional seeing the low bitcoin price because this will take a long time because it's a long term investment so you have to be prepared fundamentally.
Every decision that is taken must be prepared with all the consequences that will come. even if the op wants to invest 60% regularly in every income he receives it is very good to do because this will be a big capital for him when BTC reaches a new ATH, but the op must be prepared if one of these things happens, namely a sharp drop .I know it won't be easy for you but I'm glad you tried to see other people's suggestions and also some points to take but don't rely too much on others because thoughts will always be different, I believe if you invest 60% of your savings it's not something very bad if you don't sell it, but now what you have to understand is to practice how to hold back patience/anger/emotional seeing the low bitcoin price because this will take a long time because it's a long term investment so you have to be prepared fundamentally.
in the investment economic system, every investment must have confidence and you are always ready for whatever happens in the future. those are the words that must be immersed in every decision. seeing that the current btc price has fallen 68% from its highest price, the right choice is to buy regularly or apply the DCA strategy every round after round and that is only done for those who have a strong belief for the long term.
You need to do your own analysis and not just to rely with how others are doing with their trades, there's no one who can accurately predicts where the market will proceed, all are opinions and specualtions base from how they anticipate the market will possible to go, but the final decision making is still depends from how you understand and how you done with your own research and analysis.
Even though there are no accurate crypto market predictions, we must prioritize our own analysis rather than trusting other people's analysis. With regards to DCA investing, anyone starting an investment should be patient buying BTC at a lower price than the current price, the market can fall at any time so it will provide an opportunity to add more assets to the long term portfolio. 
bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?
suggest please I can bear some Loss but Can,t afford 100% loss
Invest 60% of your savings in bitcoin, that's understandable. Let's calculate the simple interest you deposit them in the bank for 4 years versus investing in bitcoin. Easy to realize the value bring, you will decide, bitcoin is completely risk-free for value building plan as a savings. I think bitcoin still has the possibility to go below 20k$, you can make cumulative buy, 5%, 10% according to the situation. For the majority of young people, always interested in investing in bitcoin and learning them, I am one of them. how much Probability for Down ?
suggest please I can bear some Loss but Can,t afford 100% loss
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?
we can't predict the best price to buy bitcoin at any time, but the bitcoin price below $ 20k is really not to be missed. people who have successfully bought bitcoin when the price was below $20k, must have made a big profit now so that's as long as you have cash then buy bitcoin as much as you can, the new ATH of bitcoin will definitely happen again.how much Probability for Down ?
suggest please I can bear some Loss but Can,t afford 100% loss
waiting for all expert members suggestion?
You need to do your own analysis and not just to rely with how others are doing with their trades, there's no one who can accurately predicts where the market will proceed, all are opinions and specualtions base from how they anticipate the market will possible to go, but the final decision making is still depends from how you understand and how you done with your own research and analysis.
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?
we can't predict the best price to buy bitcoin at any time, but the bitcoin price below $ 20k is really not to be missed. people who have successfully bought bitcoin when the price was below $20k, must have made a big profit now so that's as long as you have cash then buy bitcoin as much as you can, the new ATH of bitcoin will definitely happen again.how much Probability for Down ?
suggest please I can bear some Loss but Can,t afford 100% loss
waiting for all expert members suggestion?
If you are not ready to bear all the losses, then never invest more, let alone 60%, it's too big for beginners, although I'm sure bitcoin won't fall to 100%, but if it falls lower, for example to $ 10k or more than that, you have to be prepared to hold on until the price recovers.
I know it won't be easy for you but I'm glad you tried to see other people's suggestions and also some points to take but don't rely too much on others because thoughts will always be different, I believe if you invest 60% of your savings it's not something very bad if you don't sell it, but now what you have to understand is to practice how to hold back patience/anger/emotional seeing the low bitcoin price because this will take a long time because it's a long term investment so you have to be prepared fundamentally.
I know it won't be easy for you but I'm glad you tried to see other people's suggestions and also some points to take but don't rely too much on others because thoughts will always be different, I believe if you invest 60% of your savings it's not something very bad if you don't sell it, but now what you have to understand is to practice how to hold back patience/anger/emotional seeing the low bitcoin price because this will take a long time because it's a long term investment so you have to be prepared fundamentally.
- Since we are talking about savings that you have now op, just remember that the value of Bitcoin can rise a lot or fall a lot, so, here you already know the risk that can be faced with the 60% savings that you will allocate in bitcoin.
Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...
Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...
Since this is savings and he said he doesn't want to lose everything, it means he can't hold it for long, so I think it's better for him not to invest. Investing in bitcoin may or may not be profitable, no one can say for sure that bitcoin will rise again, or bitcoin will definitely rise in 2025, it's all speculation and willingness to take risks. OP should decide for himself, don't listen to anyone's advice, because anyway it's OP's money, not someone else's, so if OP loses, no one cares.
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?
how much Probability for Down ?
suggest please I can bear some Loss but Can,t afford 100% loss
waiting for all expert members suggestion?
Yes Bitcoin can crashed below $20k again but that doesn't mean Bitcoin is dead or the price won't go back up again. It could retest lower level and immediately bounce back up or consolidated then pump later. Nobody can predict how far down or up Bitcoin can go. The market has a mind of its own and it's very difficult to predict correctly the outcome.
If you can't afford to lose some money then you're not ready to receive the profit that comes from investing in Bitcoin. Mind you, you don't lose when you don't sell so even though the price was to crash, provided you haven't sold your coins you haven't lost. And even though you lose ig can be 100% and Bitcoin moves in cycle so if you have enough patience then you can make back your money and even more.
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?
we can't predict the best price to buy bitcoin at any time, but the bitcoin price below $ 20k is really not to be missed. people who have successfully bought bitcoin when the price was below $20k, must have made a big profit now so that's as long as you have cash then buy bitcoin as much as you can, the new ATH of bitcoin will definitely happen again.how much Probability for Down ?
suggest please I can bear some Loss but Can,t afford 100% loss
waiting for all expert members suggestion?
but if they will continue holding till 2025? then that would be a huge win for all of them lol.
suggest please I can bear some Loss but Can,t afford 100% loss
Stay in the market and do not be afraid of correction, it does not matter the small loss, maintain your presence in the market, and invest in what you can lose, 60% varies from person to person according to his needs. You can invest a smaller percentage if you do not believe in Bitcoin, but in my opinion, even if Bitcoin goes down below the $20K Level I will not sell, because I trust that the next small storm with a price correction and that the bull comes very quickly and I must be there, do not let the FUD affect you and make you lose hope, do your own analysis and wait for the good time to enter.
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?
60% is a good percentage to consider on a bitcoin investment instead of an altcoin. I tend to recommend bitcoin as the best investment over altcoin, but that's for the long term. You can do it, but you have to be able to weigh the risks and for whatever it is - do it for an amount you can afford to lose.how much Probability for Down ?
suggest please I can bear some Loss but Can,t afford 100% loss
waiting for all expert members suggestion?
We are basically no experts, but experience can teach us why bitcoin is the best investment option in crypto until now. If I were you, 80% of my funds would be in bitcoin and the other 20% in altcoin. However, have a reserve of your funds so that you don't have problems when you need funds urgently.
I only recommend bitcoin and would say no to altcoins, from what he said, it seems he is not ready to invest but maybe greed motivated him to invest.
@OP, I don't know how much you invest, but you need to know that investing is risky, and if you are not ready to lose, don't invest. We are still in a bear market, and no one can know how far bitcoin will fall, maybe 20k or maybe 10k, anything is possible. Think worst case, if you think you can handle it then invest.
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