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Topic: did you place all your funds into bitcoin? - page 121. (Read 123608 times)

sr. member
Activity: 546
Merit: 257
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.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
Of course no, It's too risky to change all your fund to bitcoin because the price can decrease when you do that. As result you can lose a lot of money.
For me i exchange a part of my money to bitcoin. I will invest here and holding my bitcoin. I think the price will go up in the near future.
Its really risky for you to put your all assets or money into bitcoin and as you said price might decrease anytime soon which means the risk of lossing out big money would be there and when that happens then its really hard to recover easily since you put all your funds into bitcoin.Its not bad to invest but be sure to put up the money that you can afford to lose.
sr. member
Activity: 434
Merit: 250
Of course no, It's too risky to change all your fund to bitcoin because the price can decrease when you do that. As result you can lose a lot of money.
For me i exchange a part of my money to bitcoin. I will invest here and holding my bitcoin. I think the price will go up in the near future.
legendary
Activity: 1232
Merit: 1091
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. In fact, it would be very stupid idea if you did that, because it is very risky. I never put more than 40% of money i trade with into bitcoins, as i trade with etherium and fiat curencies too, so if i did put everything i have into bicoin, and for example it crashed, i would end up in big trouble

Ok, you have 40% of your capital in Bitcoin where you happen to trade Ethereum and other currencies as well -- what's your wealth-investment ratio in its entirety? I personally consider a 50/50% ratio to be somewhat of an ultimate max. If I look at my holdings in its entirety, then I sit at ~45% fiat and ~55% Bitcoin (Bitcoin is my only investment). Reason for the Bitcoin ratio to be on the higher side comes from the price that has gone up considerably in value over the last 6-7 months.
legendary
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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. In fact, it would be very stupid idea if you did that, because it is very risky. I never put more than 40% of money i trade with into bitcoins, as i trade with etherium and fiat curencies too, so if i did put everything i have into bicoin, and for example it crashed, i would end up in big trouble
hero member
Activity: 952
Merit: 503
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.
yeah bitcoin is really a great investment nowadays and nowadays a lot of people are going to invest their money in huge in bitcoin because bitcoin price is very much good.
hero member
Activity: 924
Merit: 500
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.
hero member
Activity: 756
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Crypto.games
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. ^^
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
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.. ?
On my part, No I don't want to put all my fund into bitcoin. Because I think its too risky to do it, Maybe I'll do it for the right time season not  in our generation time now.

At the first place that is what comes my mind too, bitcoin is risky. It doesn't have stable price and no one knows what can happen on it, but when I certainly knew bitcoin at it's early days I will probably invest some of my funds but I won't invest all of them but once I saw that the progress of it's increase is incredibly fast, maybe I'll change my mind.
Yes, it shouldn't be put at once since it is risky. It would be better to invest what you don't have plan to invest it more. Meaning, just extra money so that if you lose in your currency, you can still have your capital to be invested.

This is what most of us are doing, we just invest our spare money with bitcoin at the very beginning. And seeing the price now, there is a time that I regret that I haven't invested all that I've got. But that's a normal thing because I might regret it forever if I fall into misconception and failure upon investing without proper knowledge.
Investing with just your spare money is good while investing all your money is being greedy. It is better to play safe than to play risky because bitcoin is very volatile and anytime the price can drop to its maximum cheap price. So we don't need to regret for not investing all our money because it is a lesson that next time we shall invest at least maximum 50% of our money in bitcoin.
legendary
Activity: 3248
Merit: 1130
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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.. ?
On my part, No I don't want to put all my fund into bitcoin. Because I think its too risky to do it, Maybe I'll do it for the right time season not  in our generation time now.
I think the people who put all their life saving on bitcoin are totally nuts, I read about a guy on reedit how put like 50k into it, bitcoin is still a new thing and we are not sure if it is going to last or not, I am not trying to be negative but with all the problems that we are constantly facing it seems that things get worst and worst, and putting a lot into it can make them at a risk.

A bigger risk. I envy them for their courage though I totally don't agree with it also. Kind of making your life in the brink of being broke if something bad happen.
I would rather put just a part of it rather than giving my all. It is an investment not a savings account. There are ups and downs and you don't want to regret it afterwards. If he is too rich to invest 50k then it is okay though.
legendary
Activity: 938
Merit: 1002
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.. ?
On my part, No I don't want to put all my fund into bitcoin. Because I think its too risky to do it, Maybe I'll do it for the right time season not  in our generation time now.
I think the people who put all their life saving on bitcoin are totally nuts, I read about a guy on reedit how put like 50k into it, bitcoin is still a new thing and we are not sure if it is going to last or not, I am not trying to be negative but with all the problems that we are constantly facing it seems that things get worst and worst, and putting a lot into it can make them at a risk.
sr. member
Activity: 756
Merit: 257
Freshdice.com
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.. ?
On my part, No I don't want to put all my fund into bitcoin. Because I think its too risky to do it, Maybe I'll do it for the right time season not  in our generation time now.

At the first place that is what comes my mind too, bitcoin is risky. It doesn't have stable price and no one knows what can happen on it, but when I certainly knew bitcoin at it's early days I will probably invest some of my funds but I won't invest all of them but once I saw that the progress of it's increase is incredibly fast, maybe I'll change my mind.
Yes, it shouldn't be put at once since it is risky. It would be better to invest what you don't have plan to invest it more. Meaning, just extra money so that if you lose in your currency, you can still have your capital to be invested.
sr. member
Activity: 266
Merit: 250
Honestly, NO, why would I put all my funds to bitcoin, I can't survive the world with just bitcoin in my wallet. Though I believe in bitcoin, I still doubt if I can survive just by carrying only bitcoin. We need foods and have to pay our bills and those that I've mention is not possible using bitcoin. I am sometimes putting few dollars in bitcoin but not all.
sr. member
Activity: 784
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.. ?
On my part, No I don't want to put all my fund into bitcoin. Because I think its too risky to do it, Maybe I'll do it for the right time season not  in our generation time now.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Investing all of your money in one investment is a bad idea. Even with well established financial tools like stocks and bonds. With bitcoin there is a greater risk. The only advantage bitcoin offers is a steady supply, and a slowly growing demand. This leads slowly but steadily in price rise. Price crashes will occur, but that's how markets function.
Yes of course, Investing all your money in one basket is like going to the war with one weapon and there will be a high chance of getting killed by the enemies which represent by the market and other co traders. Diversifying or dividing your capital in doing investment is a safer and lesser risk rather than putting all in just one, So it is best to invest both in investment sites,bitcoin and altcoins so you can have a lower chance of getting loss of your money.
hero member
Activity: 966
Merit: 500
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
Investing all of your money in one investment is a bad idea. Even with well established financial tools like stocks and bonds. With bitcoin there is a greater risk. The only advantage bitcoin offers is a steady supply, and a slowly growing demand. This leads slowly but steadily in price rise. Price crashes will occur, but that's how markets function.

We should not be worried with the downfall in the price as its a common practice in bitcoins but its never a good idea to invest all money at a single place so to reduce the level of risk we should try to diversify our investments at multiple places.
full member
Activity: 168
Merit: 100
Investing all of your money in one investment is a bad idea. Even with well established financial tools like stocks and bonds. With bitcoin there is a greater risk. The only advantage bitcoin offers is a steady supply, and a slowly growing demand. This leads slowly but steadily in price rise. Price crashes will occur, but that's how markets function.
hero member
Activity: 910
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.. ?
For me bitcoin is a good way to invest money to grow up and make more profit. But sometimes I convert my btc when the time or right place that dollar will increase so that there are no chances to grow up. But sometimes half of my btc I convert in time of emergency and then to think that my half earnings of will make a profit. Since btc are not stable I save my btc until that btc will increase or enough to have profit.

There is no doubt that bitcoin is a good investment for now but we are not sure what picture we will see in future so putting all money at single place is not a wise decision to make as if bitcoin fails in future then you loose all your money in a single shot which is an costly affair.
sr. member
Activity: 448
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.. ?
For me bitcoin is a good way to invest money to grow up and make more profit. But sometimes I convert my btc when the time or right place that dollar will increase so that there are no chances to grow up. But sometimes half of my btc I convert in time of emergency and then to think that my half earnings of will make a profit. Since btc are not stable I save my btc until that btc will increase or enough to have profit.
hero member
Activity: 1092
Merit: 501
No, we shouldn't do that. Although bitcoin have a lot of potential, but the short term fluctuation risk shouldn't be ignored. Especially for the new comers, they cannot stand this kind of loss in their accounts. If you are not comfortable with this kind of loss, I suggest you to buy small amount. Current its hottest debate is around the BU and Core. Bitcoin may fork in the near future.  Bitcoin is dumped in recent days.

I think, soon bitcoin maybe 800$ and down ...  For leading crypto currency, bitcoin serves only as an intermediary ... ETH, DASH can now be bought for real money, bypassing the purchase of bitcoin ...  Bitcoin - widely advertised bubble
I don't think so mate, the community won't allow it to be happen together with the whales investors in bitcoin world. As you can see the price value of bitcoin so far was 1084$ its a bit recovering it now, perhaps maybe a couple of days it will get more higher. Wink
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