did you place all your funds into bitcoin? - page 110.

AngelSky

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Quote from: lienfaye on April 29, 2017, 09:15:50 AM

Quote from: KuromaYoichi on April 29, 2017, 06:43:02 AM

No i didn't, i always invest what i can bear to lose and everymonth i spare 30% of my wage for bitcoin. I never go all in into something and bitcoin is no different. And i still need fiat to buy neccessities and other thing.

Yes thats a good decision the same with what im doing. if you put all your asset in bitcoin you must have the guts for the outcome because we know that every investment is risky same thing with btc, for me its not wise although bitcoin has a potential and going strong, its still best to be careful and think of the consequences that will going to happen when it turn out the way you never expected.

Risk factor on investment is not only for the bitcoin even in fiat as well. You may lose in anything. There are many here in the forum doing their work completely into bitcointalk forum and bitcoin-related projects. It shows that, Everything is falling behind the option you choose. So you can buy bitcoin for now and hold or invest in trading. Where is not big scam attempts happened. Please use the escrow to avoid that as well.

lienfaye

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Quote from: KuromaYoichi on April 29, 2017, 06:43:02 AM

No i didn't, i always invest what i can bear to lose and everymonth i spare 30% of my wage for bitcoin. I never go all in into something and bitcoin is no different. And i still need fiat to buy neccessities and other thing.

Yes thats a good decision the same with what im doing. if you put all your asset in bitcoin you must have the guts for the outcome because we know that every investment is risky same thing with btc, for me its not wise although bitcoin has a potential and going strong, its still best to be careful and think of the consequences that will going to happen when it turn out the way you never expected.

ubercool

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Quote from: joromz1226 on April 29, 2017, 05:49:34 AM

Quote from: pop323 on March 12, 2017, 01:41:16 PM

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.. ?

You shouldn't that anyway, even I am a newbie and one of bitcoin believer I will not so such a things that I will risk all my fund unto, because
as of the moment is not a world currency yet. Its okay with me if we only have one currency in the whole world.

Why..? There are many people who have invested more than 75% of their savings into Bitcoins or altcoins. I personally dont support altcoins but Bitcoin is better. The rates are still going in the upward direction and who knows, it might reach 2000$ by the end of this year. It is better to keep your savings in BTC.

KuromaYoichi

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No i didn't, i always invest what i can bear to lose and everymonth i spare 30% of my wage for bitcoin. I never go all in into something and bitcoin is no different. And i still need fiat to buy neccessities and other thing.

joromz1226

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Quote from: pop323 on March 12, 2017, 01:41:16 PM

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.. ?

You shouldn't that anyway, even I am a newbie and one of bitcoin believer I will not so such a things that I will risk all my fund unto, because
as of the moment is not a world currency yet. Its okay with me if we only have one currency in the whole world.

iamTom123

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Bitcoin remains to be the King of all coins and this can be true for many years to come. All the rest are just called as alternative coins or altcoins so they are just following the leader. Aside from Bitcoin, I also have my money in Litecoin, Bitconnectcoin, Pesobit and of course in my local currency. We have to put our funds in many baskets so as to minimize the risks involved and who knows one day my altcoins can shoot up to the moon. I feel dismayed that I did not invest in Ethers it is right now revolting in value riding with the rising Bitcoin.

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Quote from: pop323 on March 12, 2017, 01:41:16 PM

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.. ?

Not all but I almost put half of my money because I like to take risk and when you didn't take risk nothing will happen and you will not earn. I experienced to get scam but I didn't stop and the next transactions that I will have is I'm going to sure if the person I was trading is good and legit to avoid my mistakes to commit again.

Kousei23

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Quote from: pop323 on March 12, 2017, 01:41:16 PM

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.. ?

I think it is not a good idea because we all know that in trading it is very risky to pit money because you can't say if you're going to win or to earn. Sometimes we didn't know the true attitude of our costumers and we didn't know if they are going to scam us. And may lead us to fall down. I think that kind of strategy isn't hoing to work also for those who are only beginners.

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Quote from: Kevin77 on April 28, 2017, 04:13:10 PM

Quote from: OrangeII on April 28, 2017, 02:18:12 PM

Quote from: bohr on April 28, 2017, 01:01:08 PM

Quote from: pop323 on March 12, 2017, 01:41:16 PM

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.. ?

Bitcoin is great but it is completely crazy to depend completely on bitcoin for your economic well being it is better to maintain several investments in several financial instruments instead of putting all your eggs on the same basket.

I think it's the right decision to invest all the bitcoin you have in the form of bitcoin. If you're really looking for profit from bitcoin, you should do that, and wait a while until bitcoin prices go up, maybe you can wait for the price to go up next year, because that would be very profitable.

Investing all money into one opportunity now a days become a right decision due to the promises we are getting from bitcoin's future value. Before bitcoin, I guess no one would have opted for only one opportunity to go with their all investments. I guess we can continue this trend for next 5 to 10 years also as bitcoin value will find rapid surge in coming years.

it is always heart warming to hear people upbeat and quite enthusiastic about the prospects of Bitcoin, nevertheless caution ought not be thrown into the air whatever investment portfolio one is saddled with, because the risk factor is ever present. Worthy of note is the fact that Bitcoib is still evolving and I think it would be a wiser move to not get ahead of it.

Naokia980

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Just split your bankroll to different wallets like dogecoin, bitcoin.

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Quote from: thunderbitz2717 on March 13, 2017, 02:56:16 AM

Quote from: pop323 on March 12, 2017, 01:41:16 PM

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, I didn't put all my money so far into bitcoin. I am just new here in your world. Maybe later, but in the meantime a few of bitcoin is I'm trying to save it in my bitcoin wallet address in exchange sites. In terms of saving bitcoin I don't see any risk on it, but to make it grow in the trading platform there is a risk involved in doing trade.

Only risk is the short run, and lack of diversification can play a role too with the crypto market.

Kevin77

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Quote from: OrangeII on April 28, 2017, 02:18:12 PM

Quote from: bohr on April 28, 2017, 01:01:08 PM

Quote from: pop323 on March 12, 2017, 01:41:16 PM

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.. ?

Bitcoin is great but it is completely crazy to depend completely on bitcoin for your economic well being it is better to maintain several investments in several financial instruments instead of putting all your eggs on the same basket.

I think it's the right decision to invest all the bitcoin you have in the form of bitcoin. If you're really looking for profit from bitcoin, you should do that, and wait a while until bitcoin prices go up, maybe you can wait for the price to go up next year, because that would be very profitable.

Investing all money into one opportunity now a days become a right decision due to the promises we are getting from bitcoin's future value. Before bitcoin, I guess no one would have opted for only one opportunity to go with their all investments. I guess we can continue this trend for next 5 to 10 years also as bitcoin value will find rapid surge in coming years.

Moreover, I remember many people have shared they had not at all any saving before introduction of bitcoins, so I believe there would be nothing wrong having only one saving in the form of bitcoins.

OrangeII

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Quote from: bohr on April 28, 2017, 01:01:08 PM

Quote from: pop323 on March 12, 2017, 01:41:16 PM

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.. ?

Bitcoin is great but it is completely crazy to depend completely on bitcoin for your economic well being it is better to maintain several investments in several financial instruments instead of putting all your eggs on the same basket.

I think it's the right decision to invest all the bitcoin you have in the form of bitcoin. If you're really looking for profit from bitcoin, you should do that, and wait a while until bitcoin prices go up, maybe you can wait for the price to go up next year, because that would be very profitable.

bohr

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Quote from: pop323 on March 12, 2017, 01:41:16 PM

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.. ?

Bitcoin is great but it is completely crazy to depend completely on bitcoin for your economic well being it is better to maintain several investments in several financial instruments instead of putting all your eggs on the same basket.

Mr

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I intended to do so but I changed my mind. I still need money for a lot of purposes in my places. Moreover, I find that altcoin are more effective than Bitcoin. At the moment, it will take age for Bitcoin to increase to $2000. It is not as easy as it used to in the past. Bitcoin can not triple itself in 1 year anymore

cafucafucafu

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Quote from: arpon11 on April 26, 2017, 12:17:17 PM

Investing all your earned in bitcoin is not a wise decision as you will need diversified you money in different altcoins so that if one fail you will recover your investment from another.

Yes, you might be right in some part of it , but you need to know somehow which altcoins are trusted enough to put your money in them.
I know some people who have diversified their investments through trading the bitcoins (those for diversify purposes) onto some cheap altcoins which had have small volume.
Obviously, that has finished with their funds being pretty much lost thanks to these altcoins being dumped or just dissapearing, but that is only their fault.

You need to choose only correct crypto's, I would advice ETH, XMR and maybe Ripple because it looks interesting lately.

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Quote from: pop323 on March 12, 2017, 01:41:16 PM

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.. ?

It's too risky to put all your money in one cell. An experienced investor will never do that, you need to look realistically at the world.

moonya

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Quote from: Malsetid on April 26, 2017, 11:26:47 AM

Quote from: Ashong Salonga on April 26, 2017, 09:46:40 AM

Quote from: roadbits on April 26, 2017, 07:08:49 AM

Quote from: poetra2501 on April 25, 2017, 12:06:10 PM

Quote from: TheGodFather on April 25, 2017, 11:08:00 AM

Quote from: pop323 on March 12, 2017, 01:41:16 PM

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, we must be wise enough , we should have atleast some of our money in banks, because banks doesnt easily to be disappear and whether we would like to see if our money got An interest, and some of our money we can invest it in bitcoins, because as time passes by bitcoin value gets higher and higher each year so therefore bitcoin is very good investment also.

Of course, Bitcoin is one of the best investments today, Yeah you are right if we don't to
invest all our funds on Bitcoin because it's very risky to lose all our funding if the hack happened.

Hacking is the second point, what about if the price suddenly falls. All your investment and future planning will spoil in one minute. So now it is a good time to make a profit with Bitcoin use the opportunity and make some money. But don't invest all your money in bitcoin and don't make your life in a risk.

In any investments, regardless if it is crypto currency related, no one should invest all of his/her money to execute the risk and to avoid being dependent on one's market. It's better to balance everything. Decent investments are enough to make profit, greediness shouldn't be tolerated.

Right. And that's the most logical thing to do. Even if you're an experienced trader, you'd still be considering the risks and putting all your money in a single place can very well be the biggest mistake you'll ever do with your money. Have something left for contingency. You should always have a back up because thingsndon't always go they way we planned it

In general, you are right.
But sometimes I decide to put all my money in bitcoin. When the biton goes up I try to concentrate all the money in bitkoin.
I trust bitcoin and therefore I take so much risk.

arpon11

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Investing all your earned in bitcoin is not a wise decision as you will need diversified you money in different altcoins so that if one fail you will recover your investment from another.

Malsetid

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Quote from: Ashong Salonga on April 26, 2017, 09:46:40 AM

Quote from: roadbits on April 26, 2017, 07:08:49 AM

Quote from: poetra2501 on April 25, 2017, 12:06:10 PM

Quote from: TheGodFather on April 25, 2017, 11:08:00 AM

Quote from: pop323 on March 12, 2017, 01:41:16 PM

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, we must be wise enough , we should have atleast some of our money in banks, because banks doesnt easily to be disappear and whether we would like to see if our money got An interest, and some of our money we can invest it in bitcoins, because as time passes by bitcoin value gets higher and higher each year so therefore bitcoin is very good investment also.

Of course, Bitcoin is one of the best investments today, Yeah you are right if we don't to
invest all our funds on Bitcoin because it's very risky to lose all our funding if the hack happened.

Hacking is the second point, what about if the price suddenly falls. All your investment and future planning will spoil in one minute. So now it is a good time to make a profit with Bitcoin use the opportunity and make some money. But don't invest all your money in bitcoin and don't make your life in a risk.

In any investments, regardless if it is crypto currency related, no one should invest all of his/her money to execute the risk and to avoid being dependent on one's market. It's better to balance everything. Decent investments are enough to make profit, greediness shouldn't be tolerated.

Right. And that's the most logical thing to do. Even if you're an experienced trader, you'd still be considering the risks and putting all your money in a single place can very well be the biggest mistake you'll ever do with your money. Have something left for contingency. You should always have a back up because thingsndon't always go they way we planned it

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