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Topic: did you place all your funds into bitcoin? - page 127. (Read 123608 times)

hero member
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I think for those who are place their all funds into bitcoin when the price is low if they didn't sell it when the price is above $1,200 they are lose opportunity just like now the price is low again and i think its a long journey that the price will increase back to high price..

There would be many people who didn't prefer to sell their coins even it crossed 1200 level as they are expecting better and higher profits from bitcoins but people who wants to make quick profits would have definitely sold their coins at that price and I think that is the right thing to instead of holding them too long.
legendary
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I think for those who are place their all funds into bitcoin when the price is low if they didn't sell it when the price is above $1,200 they are lose opportunity just like now the price is low again and i think its a long journey that the price will increase back to high price..
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.. ?

That is not a good thing. As we all know, bitcoins price is very violatile. Its price is not that stable like USD or any other currency. By putting all your money, it involves a lot of risk and it may cause you to loose some of your capital. I suggest only put a potion of your money and just grow it by investing and not to invest all of that and turn into a loose capital.

There are lots of stable investment to put your money on. Try looking for other alternatives in which you can assure that your money will generate a decent profit.
sr. member
Activity: 350
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If you are afraid of its risks then just invest a portion of your money, Actually I'm also against at investing allof your funds on bitcoin as it is too

risky but as of now I'm still willing to buy one bitcoin if I happen to have the money for it. I think you both have a different meaning of low in your

post. From my understanding the other one means lower than the current price like when the price turns $1200 then suddenly it goes $900. It is

acceptable as a LOW PRICE therefore it is a good time to buy.

Yes, that's much better if most of us are going to invest a portion of our money. This is very applicable to all of us especially those investors that wants to try out bitcoin investment. With what is happening right now with bitcoin's price, this is really the best time to buy bitcoins but I don't suggest to put all of your funds on it.

It will be very risky to put all your money in bitcoins and it will be even more risky if you are depending only on single form of investment to make profits in future as there is no guarantee that bitcoin will survive in future and take care of our investments so to be on safer side its always good to invest your money in different products.
hero member
Activity: 3066
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If you are afraid of its risks then just invest a portion of your money, Actually I'm also against at investing allof your funds on bitcoin as it is too

risky but as of now I'm still willing to buy one bitcoin if I happen to have the money for it. I think you both have a different meaning of low in your

post. From my understanding the other one means lower than the current price like when the price turns $1200 then suddenly it goes $900. It is

acceptable as a LOW PRICE therefore it is a good time to buy.

Yes, that's much better if most of us are going to invest a portion of our money. This is very applicable to all of us especially those investors that wants to try out bitcoin investment. With what is happening right now with bitcoin's price, this is really the best time to buy bitcoins but I don't suggest to put all of your funds on it.
legendary
Activity: 1288
Merit: 1036
Well it will be really risky to do that,
But I think it is a good way to invest just keep all of your bitcoin and wait for the price to pump up.

That's why I didn't place all of my funds here because I find it risky thing to do. And besides upon reading people's comment about investing with your full amount of savings is risky. But when someone did guide me to invest with bitcoin with all of my funds and give me some enlightenment when the price is still low, probably I will take the risk.

See the best time to invest more of your funds into bitcoin is when the price is less this would be the perfect time but again it's up to you but even you have suggested the best way of increasing the profit just by saving bitcoin for long time as those who are saving bitcoin from the time it's value was $200 will be millionaires now if they would have invested enough that time.

People could afford to invest huge amount in bitcoins when price was $200 as with that price they can collect more coins but now with current price its not affordable to many people to invest huge amount in it as there will always be fear of price going down and even if price is higher or lower its never smart to put all your money at single place.
Yeah, aside from bitcoin being expensive that nit was 2 years ago, so people can’t afford to invest all their money into it, and also investing all of your money into bitcoin is pretty risky because bitcoin is unstable and could go down overnight and that will cause you to lose all your money, so try to be wise when investing not just in bitcoin.
hero member
Activity: 1386
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No, don't ever do that, they said " Don't Put All Your Eggs In One Basket" , You should do it too, you can invest on Eth or Dash, split your funds into 2 or 3 parts, then invest in many "baskets". That's how you claim succeed.

Yes and its never wise to invest all your money in bitcoins as it can make you loose your money if the price of bitcoin crashes in future so one must make an smart investments by investing them in different areas to increase the level of profits.
Well I think its not a problem to buy also altcoin because sometimes we do not know that altcoin will increase more in the future.. just like dash did you see the price before and until now the price is increase fast that we do not know that dash has potencial to grow..
So spreading investment in altcoin and holding for a long time maybe you will had a chance to make a huge profit in the future..
hero member
Activity: 1360
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No, don't ever do that, they said " Don't Put All Your Eggs In One Basket" , You should do it too, you can invest on Eth or Dash, split your funds into 2 or 3 parts, then invest in many "baskets". That's how you claim succeed.

Yes and its never wise to invest all your money in bitcoins as it can make you loose your money if the price of bitcoin crashes in future so one must make an smart investments by investing them in different areas to increase the level of profits.
sr. member
Activity: 728
Merit: 251
No, don't ever do that, they said " Don't Put All Your Eggs In One Basket" , You should do it too, you can invest on Eth or Dash, split your funds into 2 or 3 parts, then invest in many "baskets". That's how you claim succeed.

Yes and its good to invest your money at multiple places to reduce the risks as putting money at a single place will involve huge risk and if that investment goes wrong then it can even make you bankrupt so do good research before investing.
sr. member
Activity: 1078
Merit: 250
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No, don't ever do that, they said " Don't Put All Your Eggs In One Basket" , You should do it too, you can invest on Eth or Dash, split your funds into 2 or 3 parts, then invest in many "baskets". That's how you claim succeed.
sr. member
Activity: 476
Merit: 250
Bad luck for me! I have over $600 in bitcoin but i see it degrading everyday. Can anyone tell what the value of bitcoin reaches in some days?
hero member
Activity: 1022
Merit: 521
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 still a risky investment so only put into it what you can afford to lose. Also, it will most likely make gains, but it could be long term if you buy while the prices are this high.
for a newbie who do not know about bitcoin it may be risky as they do not know the exact time that when to buy and how to manage in any situation while if someone get full knowledge about bitcoin then they do not have to worry about putting any of their money in bitcoin because they will be able to take some preventive steps in time when they feel any risk. By the way nowadays it is free of risk.
legendary
Activity: 1652
Merit: 1057
for the moment no. I'm focusing on my garden that is being purchased. but after that, I probably would re-invest the money I have to bitcoin, but only partially. Well, for the moment bitcoin become my main income, so I have to continue to invest.

The idea is good, but investing in the only bitcoin is not a good idea because once the bitcoin prices decrease and you have to wait for the long haul may be a year. Better find another source of investment like altcoin, see Ethereum already the price of Ethereum is improved a lot. So better find which altcoin is best suited for investment.
Alternatively we we are investing the money with are being found as surplus then we never need to worry about the fluctuations as we will not be depending on those investments for any emergency need too. Literally it will mean when we are having alternative income sources, we may go for bitcoin investments with all the money. Yet, I am not doing it as I am always do focus on real estate investments which are very much promising similar to bitcoin's appreciation rates.

Invest anywhere but only with your non-committed resources else you be forced to premature then before you will be attaining your goals. Investing is important but giving it time timing to grow must be more important hence limiting investments amount based on risk levels will get us proper benefits.
legendary
Activity: 1302
Merit: 1000
for the moment no. I'm focusing on my garden that is being purchased. but after that, I probably would re-invest the money I have to bitcoin, but only partially. Well, for the moment bitcoin become my main income, so I have to continue to invest.

The idea is good, but investing in the only bitcoin is not a good idea because once the bitcoin prices decrease and you have to wait for the long haul may be a year. Better find another source of investment like altcoin, see Ethereum already the price of Ethereum is improved a lot. So better find which altcoin is best suited for investment.
hero member
Activity: 2926
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I think it is kind a risky thing to do,
I mean we don't really know what would happen in the next few weeks you might gain some if the price pump up but what if the price go down?
If the price goes down then you will suffer lose of money as simple as that and we should really be prepared on it because it really normal for that thing to happen because price of bitcoin does really move in both ways which means the risk of earning or losing is on there always.
sr. member
Activity: 308
Merit: 250
I think it is kind a risky thing to do,
I mean we don't really know what would happen in the next few weeks you might gain some if the price pump up but what if the price go down?
hero member
Activity: 826
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Not at all!

In fact I try to use btc like fiat, which means I converted around 1000$ in btc and I make it grow!
There is no reason to differenciate the use of btc from the one of fiat...
legendary
Activity: 1596
Merit: 1011
Well I have only 20% of my investments in bitcoins, the rest go towards exchange traded funds in which many famous investors swear by if you are someone like me who is ok with letting others manage funds for you. Have not really been disappointed by etfs so far. Used to dabble in altcoins, stopped ever since dogecoin, was fun while it lasted though
it is a pretty good idea. we split a few percent of the money we have to invest in bitcoin. because by sharing then we can get the security of the money we have. because sometimes an investment that can make us lose a lot of money
hero member
Activity: 1036
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Well I have only 20% of my investments in bitcoins, the rest go towards exchange traded funds in which many famous investors swear by if you are someone like me who is ok with letting others manage funds for you. Have not really been disappointed by etfs so far. Used to dabble in altcoins, stopped ever since dogecoin, was fun while it lasted though
hero member
Activity: 602
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.. ?
I always believe in diversified investment.Although this limits your profit also but it doesn't let you suffer if one of investment fail.
Bitcoin is a good investment but I would not put all my eggs in one basket.I have invested in other Altcoins also.
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