did you place all your funds into bitcoin? - page 120.

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Quote from: Format.C^ on April 03, 2017, 01:37:39 AM

Yes if you want to minimize the risk of loosing money then it would be good if you put your money at different places instead of putting at single place as if your investment goes wrong in future then you will be left empty handed so better option is to diversify your investments.

While I am personally not a fan of diversifying investments, I can see how this in potential can be a helpful practice. In terms of crypto, what can be seen as a proper and relatively safe investment option that you can use to diversify your crypto portfolio? I honestly can't seem to find anything that is worthy of investing other than Bitcoin. Some say that investing in casino bank rolls is one of the better forms of investing. I can somewhat see why this may turn out to be a profitable investment as the house always wins at the end, but the duration of your investment plays the most important role here. Another point is, can you liquidate your investment whenever you want?

czvezda

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Bitcoin is reaallyy safeee..

No mate its not safe at all as there is always risk attached with any kind of investment and bitcoin is also an form of investment where you are investing your real money by buying it and if there is downfall in the price in future then you can loose all your money as no one knows what will happen to bitcoin in future and that makes it more risky.

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Quote from: kidoseagle0312 on April 03, 2017, 03:53:32 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.. ?

To use your capital investment into bitcoin is a good way to grow your money, especially now is the right for you to do it because as I can see in the price value of bitcoin is going up again. But placing all your fund capital into bitcoin, I think it's not time yet for you to do that. Due to nowadays bitcoin is not dollar like that very popular into all country's. This is just only my advised to you, perhaps others here will also do the same thing what I had said to you.

No one will take that big risk of investing all their money only in bitcoins as every one has certain level of fear regarding the future of bitcoins as nobody can be 100% sure that bitcoin will only keep on moving up and we may see the price of bitcoin going down again in future so anything is possible with bitcoins.

kidoseagle0312

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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.. ?

To use your capital investment into bitcoin is a good way to grow your money, especially now is the right for you to do it because as I can see in the price value of bitcoin is going up again. But placing all your fund capital into bitcoin, I think it's not time yet for you to do that. Due to nowadays bitcoin is not dollar like that very popular into all country's. This is just only my advised to you, perhaps others here will also do the same thing what I had said to you.

Format.C^

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Quote from: crwth on April 02, 2017, 11:36:28 PM

Putting everything into bitcoin is not ideal. Or better yet, putting all your money in one investment is not ideal, just because the risk you are taking is not a hundred percent. You probably know that if you value your money also. Budgeting is really important to see what you can actually save in the future.

Yes if you want to minimize the risk of loosing money then it would be good if you put your money at different places instead of putting at single place as if your investment goes wrong in future then you will be left empty handed so better option is to diversify your investments.

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Quote from: Sled on April 02, 2017, 11:28:26 PM

Quote from: gsrcrxsi on April 02, 2017, 10:47:11 PM

Quote from: ethereumhunter on April 02, 2017, 10:29:37 PM

Quote from: DomainMagnate on April 02, 2017, 08:55:11 PM

I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.

this is what i am do with my bitcoin and it seems with diversified in various altcoin, we can have opportunity to earn more bitcoin because there is many altcoin that getting pump in just one night like ripple that already did. this mean is if we are join in the party then we can made a big profit and finally our bitcoin will be increase too.

Yup atlcoin market is moving like a crazy at a moment so the people who have invested their money in it in past few weeks would be enjoying great profits at a moment so its good to identify potential altcoins and diversify our investments into it.

Yes that is right, the altcoin market now is moving crazy and it is unpredictable for who will be next coin in the pump party. I already get a lot of profit from the altcoins since i'm more into altcoin trading rather than bitcoin trading because it is more affordable and easy to trade because there is a lot of coin to choose from. I already made at least 3 btc profit in eth,dash and now i'm just waiting for the ripple.

Congrats mate, you made a good profit from altcoins unfortunately I am still new to trading world so I am learning at a moment so I couldn't identify where to invest my bitcoins but may be in future I will be making good profits from trading too.

crwth

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Putting everything into bitcoin is not ideal. Or better yet, putting all your money in one investment is not ideal, just because the risk you are taking is not a hundred percent. You probably know that if you value your money also. Budgeting is really important to see what you can actually save in the future.

Sled

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Quote from: gsrcrxsi on April 02, 2017, 10:47:11 PM

Quote from: ethereumhunter on April 02, 2017, 10:29:37 PM

Quote from: DomainMagnate on April 02, 2017, 08:55:11 PM

I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.

this is what i am do with my bitcoin and it seems with diversified in various altcoin, we can have opportunity to earn more bitcoin because there is many altcoin that getting pump in just one night like ripple that already did. this mean is if we are join in the party then we can made a big profit and finally our bitcoin will be increase too.

Yup atlcoin market is moving like a crazy at a moment so the people who have invested their money in it in past few weeks would be enjoying great profits at a moment so its good to identify potential altcoins and diversify our investments into it.

Yes that is right, the altcoin market now is moving crazy and it is unpredictable for who will be next coin in the pump party. I already get a lot of profit from the altcoins since i'm more into altcoin trading rather than bitcoin trading because it is more affordable and easy to trade because there is a lot of coin to choose from. I already made at least 3 btc profit in eth,dash and now i'm just waiting for the ripple.

gsrcrxsi

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Quote from: ethereumhunter on April 02, 2017, 10:29:37 PM

Quote from: DomainMagnate on April 02, 2017, 08:55:11 PM

I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.

this is what i am do with my bitcoin and it seems with diversified in various altcoin, we can have opportunity to earn more bitcoin because there is many altcoin that getting pump in just one night like ripple that already did. this mean is if we are join in the party then we can made a big profit and finally our bitcoin will be increase too.

Yup atlcoin market is moving like a crazy at a moment so the people who have invested their money in it in past few weeks would be enjoying great profits at a moment so its good to identify potential altcoins and diversify our investments into it.

ethereumhunter

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Quote from: DomainMagnate on April 02, 2017, 08:55:11 PM

I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.

this is what i am do with my bitcoin and it seems with diversified in various altcoin, we can have opportunity to earn more bitcoin because there is many altcoin that getting pump in just one night like ripple that already did. this mean is if we are join in the party then we can made a big profit and finally our bitcoin will be increase too.

llanillo

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Quote from: DomainMagnate on April 02, 2017, 08:55:11 PM

I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.

That's the right thing to do diversify your investments to reduce the risk and if you are putting your money at a single place then it will bring huge risk with it and diversification will help you in making profits in multiple ways.

DomainMagnate

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I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.

laredo7mm

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Quote from: MyIdeas on April 02, 2017, 06:50:37 PM

Quote from: neochiny on April 01, 2017, 04:42:57 AM

Nope. No way. Absolutely not. Grin

I may put about 1/3 of my free money, that's my limit and even with just that, there's no way I could be calm about it.
I do wish I'd put it all in Bitcoin back in 2010 but, nah there's just no way I'd ever do that. Not a chance.

Why? I put all my money in it and somehow it crashes, I'd lose it all. I put half of my money in it, and it doubles/triples/whatever, then I'd still have earnings. I'm fine with nice, steady, extra income. ^^

It means that you do not have any believe on bitcoin that is why you are that much fearful from putting your money in bitcoin. The expert in bitcoin will like to put their money in bitcoin because the have strong faith on its success.

Nothing is guaranteed in long term and bitcoin can even disappear in future and I think there will be very few people who will take risk of investing all their money in bitcoins as they are aware about the uncertainty attached with the future of bitcoins so its better to invest only a part of your wealth in bitcoin to avoid huge risk in future.

MyIdeas

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Quote from: neochiny on April 01, 2017, 04:42:57 AM

Nope. No way. Absolutely not. Grin

I may put about 1/3 of my free money, that's my limit and even with just that, there's no way I could be calm about it.
I do wish I'd put it all in Bitcoin back in 2010 but, nah there's just no way I'd ever do that. Not a chance.

Why? I put all my money in it and somehow it crashes, I'd lose it all. I put half of my money in it, and it doubles/triples/whatever, then I'd still have earnings. I'm fine with nice, steady, extra income. ^^

It means that you do not have any believe on bitcoin that is why you are that much fearful from putting your money in bitcoin. The expert in bitcoin will like to put their money in bitcoin because the have strong faith on its success.

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Quote from: iqlimasyadiqa on April 02, 2017, 06:55:39 AM

Quote from: Creepings on April 01, 2017, 09:57:36 PM

Putting all your money in bitcoin is a really innovative idea, though it is really risky especially bitcoin is really volatile. It changes it's price every minute, making it really hard to deal with. I do not prefer to put all your money to bitcoin, invest it on other things, not just bitcoin, maybe business investments.

I prefer to save 50% of the money I had. I think if storing everything then it would be very risky. we will have difficulty if bad things happen to bitcoin. it is better to keep the beginning compared to the difficulties in the future.

That's right its good to put only that amount of money in bitcoins that we can afford to loose no doubt the future of bitcoins looks promising but we cannot afford to take risk of putting all our money into as anything is possible in future and if anything goes wrong then we will be loosing all our money.

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Quote from: iqlimasyadiqa on April 02, 2017, 06:55:39 AM

Quote from: Creepings on April 01, 2017, 09:57:36 PM

Putting all your money in bitcoin is a really innovative idea, though it is really risky especially bitcoin is really volatile. It changes it's price every minute, making it really hard to deal with. I do not prefer to put all your money to bitcoin, invest it on other things, not just bitcoin, maybe business investments.

I prefer to save 50% of the money I had. I think if storing everything then it would be very risky. we will have difficulty if bad things happen to bitcoin. it is better to keep the beginning compared to the difficulties in the future.

I am planning to save them all, though I can't help to get some from it to pay some of my bills and buy load for my internet, somtimes I use it to buy something that I like, like headphone, Shirts, shoes and even food. Though I am not using bitclin directly, I convert it first. And I agree with you that if we save it all, it may really be bad if the price go down, it will affect all of it. And that will be the worst to happen to me so I need to avoid that from happenning.

dothebeats

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Majority of my funds stays in bitcoin, while the rest goes to my spending money and the mini store that I have put up here in our own place. Bitcoin still has a large potential to make it big in the next coming years though the short-term future is still shaky right now but somehow we will come out with a rather feasible and okay long-term solution.

iqlimasyadiqa

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Quote from: Creepings on April 01, 2017, 09:57:36 PM

Putting all your money in bitcoin is a really innovative idea, though it is really risky especially bitcoin is really volatile. It changes it's price every minute, making it really hard to deal with. I do not prefer to put all your money to bitcoin, invest it on other things, not just bitcoin, maybe business investments.

I prefer to save 50% of the money I had. I think if storing everything then it would be very risky. we will have difficulty if bad things happen to bitcoin. it is better to keep the beginning compared to the difficulties in the future.

Qartada

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Quote from: PokerFace3 on April 02, 2017, 03:24:14 AM

Quote from: dearbesz1219 on April 01, 2017, 11:35:18 AM

Quote from: ownageplocks on March 12, 2017, 11:00:54 PM

Putting all your liquid funds into BTC is a surefire way to totally screw yourself over, and would put you in the bracket of "high risk" investors. I suggest you diversify instead of doing this...

I do believed bitcoin is the perfect investment that I can considered nowadays, but despite of that things even I knew bitcoin has a brighter future for now I won't place all my fund into bitcoin, it is because usd still the main currency now that's the real talk at the present its okay if bitcoin is the main but the truth now is not.

Let’s face it bitcoin is not and will never be a main currency at least with its current state, the bitcoin can’t be used by all of the world, that is why it will become more of a rare thing like gold, people already treat it that way they buy it and save it like it is some sort of a collectable.

Even though this might be the case but the good thing is that the price is going to keep on rising either way, but placing all of your life savings on it is a stupid idea.

Bitcoin will probably never be the main currency and rather the blockchain will be utilised by banks in a way that they control (as most people are not "alternative" enough to put all of their money into Bitcoin, even me included).

PokerFace3

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Quote from: dearbesz1219 on April 01, 2017, 11:35:18 AM

Quote from: ownageplocks on March 12, 2017, 11:00:54 PM

Putting all your liquid funds into BTC is a surefire way to totally screw yourself over, and would put you in the bracket of "high risk" investors. I suggest you diversify instead of doing this...

I do believed bitcoin is the perfect investment that I can considered nowadays, but despite of that things even I knew bitcoin has a brighter future for now I won't place all my fund into bitcoin, it is because usd still the main currency now that's the real talk at the present its okay if bitcoin is the main but the truth now is not.

Let’s face it bitcoin is not and will never be a main currency at least with its current state, the bitcoin can’t be used by all of the world, that is why it will become more of a rare thing like gold, people already treat it that way they buy it and save it like it is some sort of a collectable.

Even though this might be the case but the good thing is that the price is going to keep on rising either way, but placing all of your life savings on it is a stupid idea.

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