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Topic: did you place all your funds into bitcoin? - page 102. (Read 123633 times)

sr. member
Activity: 364
Merit: 250
Maybe half of it, because bitcoin prices do not go up and down, so to be wary I keep half of it with real money, I so because do not want big loss if price decline, but you can invest all if you want.
newbie
Activity: 22
Merit: 0
its not a good idea to go all in on 1 thing no matter how good it looks or how much potential it can have. its always better to diversify. Right now my portfolio is 50% BTC, 25%eth, and 25% XCR. I dont have that much money but I am looking for Altcoins with high potential to put money into.
hero member
Activity: 840
Merit: 500
At the moment, yes. But I'm planning to buy some altcoins that I think can have a place next to BTC in the future. Coins like DCR, LTC, ETH and maybe future coins with good potential. It's always good to diversify for safety and more profit.
Its not a good idea to put all funds into bitcoin, especially nowadays bitcoin its too high and some altcoins that are legit
also increase so much. But still bitcoin prevails among of them. however we I think we can put some of our fund into some altcoins.
Caution is needed in investment decisions we make these days either for Bitcoin or altcoins, because their prices have all plummeted beyond the fundamentals surrounding them. Couple of days ago, I had sold my Dogecoin for 161 Satoshi and bought back at 143 only for the price to drop the following day to 122 Satoshi. Evidently even Dogecoin that used to be a stable coin is no longer what we used to know of it.  To stay safe, I am having some fraction of my fund in fiat currencies, buying and selling cryptos when the need arise.
to me although i have fully trust on bitcoin and i am confident that bitcoin will surely give me a good profit. but still i will like to say that putting all your assets in one business is not a wise decision.  i think we should distribute our money in different places so as to secure our investment, as investment in one business is really too much risky and there are also possibility to lose your own money.
hero member
Activity: 1134
Merit: 517
At the moment, yes. But I'm planning to buy some altcoins that I think can have a place next to BTC in the future. Coins like DCR, LTC, ETH and maybe future coins with good potential. It's always good to diversify for safety and more profit.
Its not a good idea to put all funds into bitcoin, especially nowadays bitcoin its too high and some altcoins that are legit
also increase so much. But still bitcoin prevails among of them. however we I think we can put some of our fund into some altcoins.
Caution is needed in investment decisions we make these days either for Bitcoin or altcoins, because their prices have all plummeted beyond the fundamentals surrounding them. Couple of days ago, I had sold my Dogecoin for 161 Satoshi and bought back at 143 only for the price to drop the following day to 122 Satoshi. Evidently even Dogecoin that used to be a stable coin is no longer what we used to know of it.  To stay safe, I am having some fraction of my fund in fiat currencies, buying and selling cryptos when the need arise.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Never put all of your money in one investment only since it's too risky and no successful invetors did that. Also, no one put all of his money in investment of course they have needs, and savings.
Well, if they are people who dare to take risks, I think that is a natural thing, because it can make a big profit if you exchange all the money you have into bitcoin to wait for a high price. But all of that has a big risk.
Risk is always accompanied with bitcoin as well digital currencies. But no one tends to take such a big risk by investing everything into bitcoin. Diversifying the assets is quite good and I make investment in a 20:30:50 ratio where 20% for other digital currencies, 30% for gold and the remaining 50% on bitcoin.
sr. member
Activity: 602
Merit: 250
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Never put all of your money in one investment only since it's too risky and no successful invetors did that. Also, no one put all of his money in investment of course they have needs, and savings.
Well, if they are people who dare to take risks, I think that is a natural thing, because it can make a big profit if you exchange all the money you have into bitcoin to wait for a high price. But all of that has a big risk.
It's not a natural thing. Putting all of your money at risk is not normal, but it's too dangerous for every investor regardless if he/she has an anough experience. It may result as biggest regrets as market is unpredictable thus we should minimize risking/depending ourselves in the advantage of market.

I would not put all my money in Hype, in any other investment company. But, without excitement and doubt, I'm ready to put all my money in bitcoin. I trust bitcoin and therefore invest only in it
full member
Activity: 229
Merit: 108
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Never put all of your money in one investment only since it's too risky and no successful invetors did that. Also, no one put all of his money in investment of course they have needs, and savings.
Well, if they are people who dare to take risks, I think that is a natural thing, because it can make a big profit if you exchange all the money you have into bitcoin to wait for a high price. But all of that has a big risk.
It's not a natural thing. Putting all of your money at risk is not normal, but it's too dangerous for every investor regardless if he/she has an anough experience. It may result as biggest regrets as market is unpredictable thus we should minimize risking/depending ourselves in the advantage of market.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Never put all of your money in one investment only since it's too risky and no successful invetors did that. Also, no one put all of his money in investment of course they have needs, and savings.
Well, if they are people who dare to take risks, I think that is a natural thing, because it can make a big profit if you exchange all the money you have into bitcoin to wait for a high price. But all of that has a big risk.
newbie
Activity: 36
Merit: 0
I have diversified my funds of which a large portion is in bitcoin and altcoins but not all. This means if the unlikely scenario that bitcoin and alts die then I still have funds elsewhere and it won't be a complete disaster. Remember never invest what you can't afford to lose.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Never put all of your money in one investment only since it's too risky and no successful invetors did that. Also, no one put all of his money in investment of course they have needs, and savings.
hero member
Activity: 1092
Merit: 500
At the moment, yes. But I'm planning to buy some altcoins that I think can have a place next to BTC in the future. Coins like DCR, LTC, ETH and maybe future coins with good potential. It's always good to diversify for safety and more profit.
Its not a good idea to put all funds into bitcoin, especially nowadays bitcoin its too high and some altcoins that are legit
also increase so much. But still bitcoin prevails among of them. however we I think we can put some of our fund into some altcoins.
hero member
Activity: 882
Merit: 500
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
All this will depends upon the factor of the status of the Bitcoin in your country .
Most of the countries didn't cleared the thinking about the Bitcoin use .
But currently after the ransomeware attack , all the countries get up and taking action plan in the Bitcoin and other crypto .
So here I will suggest you to everyone  , if want to invest your money while in the Bitcoin then , I will suggest that first go at the official site of the reserve bank or go at the encyclopaedia  , there you can get status of legality about the Bitcoin or it is banned ( just everything ) .
If you will not so the same then , may be possible that you bought much Bitcoin and after some days the price get drops and also the government of the country in which you live ban the Bitcoin .Then at that condition what you will do .
sr. member
Activity: 1484
Merit: 323
No, i don't. I have placed my 60% money on some altcoins and 40% left i have placed on bitcoin. Putting our money on a single currency is too risky. We must put it on different places to prevent from big loss if that single currency falling down.
That is clever way to hold cryptocurrency but it my case just I think 20% of my all funds is in bitcoins because the 80% is in the other currency because I am a trader so my funds is in the trading site. And another this is holding alt coin is best way of making money because when it will pump that means a big profit.
legendary
Activity: 1526
Merit: 1001
It is all in accordance with the conditions that occur. If at this time then i will put some of my money in bitcoin. Try to note that the current bitcoin price continues to increase, although yesterday had experienced a high decline. Bitcoin is still a priority investment for me, because of the rapid rise and decline I can use to take advantage. Maybe I will allocate 70% of my money in bitcoin and the rest I will save as a reserve fund in the form of gold. And if someday the bitcoin price stagnates then I will take some part of the bitcoin to exchange for gold in the real world. This will guarantee my financial situation from bad things that could happen.
hero member
Activity: 1274
Merit: 513
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
No it's not. Every investment that you put all of your money should be considered as risky. You can also invest in altcoins so you don't rely on one market only. Also, don't invest all of your money in investment but save most of your money either in bank/in your wallet/piggy bank.

Yeah never invest what you can't afford to lose particularly in something as volatile as bitcoin. However I disagree that you should save most of your money in the bank, you get very little from those savings and it won't help you achieve long term goals. Only save what you expect to need in the new few years invest the rest, whether that be in bitcoin or in stocks, real estate etc.
Thats right invest only you can afford to lose because every investment have risk. So its better before investing to any project or anything its better to make a lot of research before investing because you can know if you do this if the project or business is good to invest.  Invest only your money in bitcoin maybe exact or your extra money. Because if you buy your all money in bitcoin and the bitcoin price down or die your money also lose so its better try to save you money also.
hero member
Activity: 648
Merit: 502
till today i never invested in bitcoin because i dont know why i dont invested  Wink Grin 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. Smiley 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.

full member
Activity: 126
Merit: 100
What's the minimum amount you can invest to trading?
Like how will you know if you found the good place to invest your BTC?
You can invest equal or more than 10k satoshi but it's not worth it to do. I think it's just for practicing trading purpose but it's profitable. For better invest more than BTC0.1, it's enough and profitable.
Thank you Cheesy, yeah a friend of mine told me that if I want to gain more profit, i need to invest more than $10.
i'm checking out poloniex, like I was just wondering like how do you guys invest something? does investing have some kind of a pattern?
~ gosh i feel so noob HAHAHAHA
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
What's the minimum amount you can invest to trading?
Like how will you know if you found the good place to invest your BTC?
You can invest equal or more than 10k satoshi but it's not worth it to do. I think it's just for practicing trading purpose but it's profitable. For better invest more than BTC0.1, it's enough and profitable.
legendary
Activity: 1050
Merit: 1001
I put all my savings into bitcoin when price is already high at $1400. Because i feel confident bitcoin still continue to skyrocket. And boom, that belief's true. I have earned profit over $2000 by selling 2btc.
Well done! Your high risk paid off with high rewards in the end.
You just need to be more patient and you might could get more than that.
But i admit really hard to have a super correct timing when to sell and buy again , just don't be greedy .
jr. member
Activity: 58
Merit: 10
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
No it's not. Every investment that you put all of your money should be considered as risky. You can also invest in altcoins so you don't rely on one market only. Also, don't invest all of your money in investment but save most of your money either in bank/in your wallet/piggy bank.

Yeah never invest what you can't afford to lose particularly in something as volatile as bitcoin. However I disagree that you should save most of your money in the bank, you get very little from those savings and it won't help you achieve long term goals. Only save what you expect to need in the new few years invest the rest, whether that be in bitcoin or in stocks, real estate etc.
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