did you place all your funds into bitcoin? - page 111.

Ashong Salonga

sr. member

Activity: 882

Merit: 260

Quote from: roadbits on April 26, 2017, 06:08:49 AM

Quote from: poetra2501 on April 25, 2017, 11:06:10 AM

Quote from: TheGodFather on April 25, 2017, 10:08:00 AM

Quote from: pop323 on March 12, 2017, 12:41:16 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.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: poetra2501 on April 25, 2017, 11:06:10 AM

Quote from: TheGodFather on April 25, 2017, 10:08:00 AM

Quote from: pop323 on March 12, 2017, 12:41:16 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.

poetra2501

hero member

Activity: 896

Merit: 500

Quote from: TheGodFather on April 25, 2017, 10:08:00 AM

Quote from: pop323 on March 12, 2017, 12:41:16 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.

RealPhotoshoper

legendary

Activity: 1050

Merit: 1001

Quote from: boyptc on April 21, 2017, 02:46:10 AM

Quote from: RealPhotoshoper on April 21, 2017, 01:57:34 AM

Quote from: boyptc on April 21, 2017, 12:07:08 AM

Quote from: rhamzter on April 20, 2017, 08:03:07 PM

No, not all my fund were put in the bitcoin. Also I invest only a little bit in bitcoin, but I cannot withdraw it. I just want to know how long bitcoin currency were survive in the market.

Why you can't withdraw your investment in bitcoin? Maybe the right term for it is that you are holding it for a longer term. And for those people that did invested all their funds in bitcoin have 100% faith in bitcoin and they have other source of income. But for me, it's hard to invest all of my funds in bitcoin because it's very risky.

Yeaaa you know that , he means about cannot withdraw as he has a future plan .
It is true that in investment we have to hold ourselves to not divest too quick , we need a lot of patience.
As investment works usually on the longet period you put the bigger profit potential you may can get.

Yeah that's why I gave him another better term for it. And if you are an inspired investor and you did invest all that you've got in bitcoin, then you are now enjoying the essence of profiting as the price is keep on increasing.

Do allin to invest never be a good idea , you need to have a plan B in case something unexpected happened.
Anticipation for a worst scenario should be in your hand.
Otherwise your investment could turn into a disaster and full of meaningless without profit.

tigershark

full member

Activity: 223

Merit: 100

Quote from: pop323 on March 12, 2017, 12:41:16 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.. ?

Only put money into bitcoins or other cryptocurrencies that you don't need. It is a risky investment so you could lose it if there is a problem or you lose the private key.

vantyzz

sr. member

Activity: 274

Merit: 250

Quote from: BitcoinBabbler on April 25, 2017, 10:19:54 AM

Never do that!

If tomorrow there is a sharp decline in the price of BTC, you are as good as homeless!

Yes. You need to store the funds in different cells. Bitcoin has a growth prospect, but a fall is also possible.

BitcoinBabbler

full member

Activity: 150

Merit: 100

Never do that!

If tomorrow there is a sharp decline in the price of BTC, you are as good as homeless!

TheGodFather

hero member

Activity: 854

Merit: 500

Quote from: pop323 on March 12, 2017, 12:41:16 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.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

Quote from: Hanako on April 25, 2017, 08:45:31 AM

Quote from: BiTZeD on April 25, 2017, 08:01:30 AM

Do you mean compared to altcoins or to fiat money ? Because though I have only crypto-currencies, I have a small part of altcoins. I usually do not keep them long, as I buy and sell them for profit. But there is some altcoins that I hold for the long-term such Ethereum, Dogecoin, Litecoin or Waves.

nice holding peeps i hope i see a lot f oppurtunity in that growing altcoin, Etherwum is my favourite coins wirhout it and also Ripple that pump nice. Well i'm just long term traders so i hold many coins that have eventually would grow like xrp i buy @500 sats and it is in 2.6k sats

That's a good thing you got there. It's quite nice that there are successful people in trading. It's a part of a growing market which is the cryptocurrency market. There are a lot of opportunities too, I presume.

Hanako

sr. member

Activity: 448

Merit: 250

Quote from: BiTZeD on April 25, 2017, 08:01:30 AM

Do you mean compared to altcoins or to fiat money ? Because though I have only crypto-currencies, I have a small part of altcoins. I usually do not keep them long, as I buy and sell them for profit. But there is some altcoins that I hold for the long-term such Ethereum, Dogecoin, Litecoin or Waves.

nice holding peeps i hope i see a lot f oppurtunity in that growing altcoin, Etherwum is my favourite coins wirhout it and also Ripple that pump nice. Well i'm just long term traders so i hold many coins that have eventually would grow like xrp i buy @500 sats and it is in 2.6k sats

BiTZeD

sr. member

Activity: 379

Merit: 250

Do you mean compared to altcoins or to fiat money ? Because though I have only crypto-currencies, I have a small part of altcoins. I usually do not keep them long, as I buy and sell them for profit. But there is some altcoins that I hold for the long-term such Ethereum, Dogecoin, Litecoin or Waves.

carlerha

hero member

Activity: 588

Merit: 500

Quote from: ufaiz50 on April 22, 2017, 10:51:57 PM

Quote from: pop323 on March 12, 2017, 12:41:16 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 for now better don't because bitcoin prices are going up and it's at risk it would be better to wait until bitcoin is a little quiet and to put all the money in bitcoin is a bit risky because not many platforms have received bitcoin.

but i think if you are going to wait for the price to come down, i think you will even miss the present chance to trade bitcoin in the present time because currently the price of bitcoin is not going to come down but it is continuously increase and it is also expected that the price of bitcoin will cross 1500 USD level very soon, therefore i think still it is good chance to trade bitcoin and do not wait for the price of bitcoin to come down.

bamboylee

hero member

Activity: 1148

Merit: 504

Quote from: ufaiz50 on April 22, 2017, 10:51:57 PM

Quote from: pop323 on March 12, 2017, 12:41:16 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 for now better don't because bitcoin prices are going up and it's at risk it would be better to wait until bitcoin is a little quiet and to put all the money in bitcoin is a bit risky because not many platforms have received bitcoin.

Even if you wait for bitcoin to quiet down or stabilize, it will still be risky to put all your money on bitcoin alone. You should always diversify your investments to minimize the risk. Bitcoin can be very promising but it is still wise to diversify.

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: Format.C^ on April 24, 2017, 05:41:26 PM

I have invested only small part of my wealth into bitcoins as its never wise to invest all your money at a single place so I have invested some amount in bitcoins and some in altcoins to reduce the risk of loosing money at single point.

That could be small now but the longer you will hold it will grow to a big amount, just like the old days when we did not
see bitcoin will be worth like this. Experts are still predicting a big price increase in the future despite having a good price already.

Format.C^

hero member

Activity: 714

Merit: 500

I have invested only small part of my wealth into bitcoins as its never wise to invest all your money at a single place so I have invested some amount in bitcoins and some in altcoins to reduce the risk of loosing money at single point.

saniales

member

Activity: 130

Merit: 10

The LIX Platform - lixcoin.org

Quote from: pop323 on March 12, 2017, 12:41:16 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.. ?

Simply it is not what you have to do.
First rule is "NEVER INVEST WHAT YOU CANNOT AFFORD TO LOSE". The answer to your question is implicit.

Jrock

sr. member

Activity: 363

Merit: 250

Quote from: MB boss on April 23, 2017, 05:26:49 PM

Quote from: ufaiz50 on April 22, 2017, 10:51:57 PM

Quote from: pop323 on March 12, 2017, 12:41:16 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 for now better don't because bitcoin prices are going up and it's at risk it would be better to wait until bitcoin is a little quiet and to put all the money in bitcoin is a bit risky because not many platforms have received bitcoin.

The price of bitcoin is rising so it is not a risk but it is a good thing to happen in bitcoin and it will benefit everyone who is the investor of bitcoin and the adopters are increasing day by day so it will be more stronger in the coming future.

There is no doubt that bitcoin will become more stronger and popular currency in future but still there is a big risk to invest all money into it as we should always be ready with worst scenario that can happen with bitcoins in future so its better to invest only a part of money into it.

dearbesz1219

hero member

Activity: 924

Merit: 500

Quote from: Osarman on April 08, 2017, 03:48:24 PM

Quote from: aardvark15 on April 08, 2017, 03:22:20 PM

Quote from: pop323 on March 12, 2017, 12:41:16 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 probably too risky to put all of your money into Bitcoin. On the other hand, you could become very wealthy if Bitcoin keeps increasing in price. There's just no way to know so you have to evaluate how much risk you are willing to take.

i do not think that it will be risky because bitcoin more and more going to rise its price to higher value too much faster everyday so bitcoin is very much profitable currency in the world.

But it is still risky mate, because there are many countries are not yet familiar with Bitcoin. And I understand why you said that, though I also believed that bitcoin is getting in progress but still USD considered as world currency in our generation now. Unless times come that Bitcoin will become world currency, perhaps that's the right for us to place our all fund into Bitcoin.

MB boss

full member

Activity: 169

Merit: 102

Quote from: ufaiz50 on April 22, 2017, 10:51:57 PM

Quote from: pop323 on March 12, 2017, 12:41:16 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 for now better don't because bitcoin prices are going up and it's at risk it would be better to wait until bitcoin is a little quiet and to put all the money in bitcoin is a bit risky because not many platforms have received bitcoin.

The price of bitcoin is rising so it is not a risk but it is a good thing to happen in bitcoin and it will benefit everyone who is the investor of bitcoin and the adopters are increasing day by day so it will be more stronger in the coming future.

BitcoinMarshal

hero member

Activity: 756

Merit: 504

Quote from: Antoshka on April 23, 2017, 06:06:53 AM

It is very risky to put all your money into bitcoin even if it has already started to grow up. In any investment there is a risk, so the funds must be placed in different cells.

Its very good decision because putting all money in one investment is very big and dangerous risk you can lost more then you are expecting so better take time and done some good plan for this then invest in different things can give you some better profit and good return of your investment

Topic: did you place all your funds into bitcoin? - page 111. (Read 123633 times)