till today i never invested in bitcoin because i dont know why i dont invested
i thought to invest last month but unfortunatly i not invested at that time the price of bitcoin is 63K INR ( around 970$) and now the price of bitcoin was rise like indias population 117618 INR ( almost 1828) i am feeling very bad for now.
but
still i suggest you to not invest all your money in bitcoin .It would be bad if we will invest all of our funds to btc. Bitcoin is an undeniably good investment but still we don't know if our online wallet is secured. I mean is what if the people behind on your online wallet got greedy, or your cold storage got curruption. This is data and it can be gone in a couple of seconds. So true, invest only what you can afford to lose.
it will be totally insane if you put all your money in one place. Try to split it into many parts which you can use for many purposes and many investments. I have spent my money to many cryptos and earn a good amount with that
Whether it's holding or investment, just make it diversified. Even if you feel you get a good earning from a investment plan never investment entire earning. This has the increased chance of making your wallet empty. So diversify and invest, so that if something goes wrong the remaining will help you to be secure.
True. Always have a countermeasures and plan a to z. If we really want to succeed we won't be too dependent on one thing. As warren buffet said never test the depts of the water by both feet. Diversify, think ahead, work wisely don't chase success, make success chase you. Many people are investing because they might earn an easy money, for example buy BTC for 1000$ then sell it in a couple of months for 2000$ or whatever the price hike, that is a good but don't just wait for profit, work till you don't notice that you're earning and you will be surprise that the money is ongoing on to you and that's a good sign.
I don't put all my funds yet in bitcoin. I'm just planning for now to put all my money savings in bitcoin so i can earn money with bitcoin investment but most of the people here says that it is a bad idea and just put some of our money so i will just put at least the 3/4 of my money in bitcoin.
Of course it's a bad idea. Don't depend on BTC alone, do some alts and invest in the real world. Make BTC just a sideline investment.