did you place all your funds into bitcoin? - page 132.

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Quote from: Zadicar on March 13, 2017, 09:44:10 AM

Its either both ways, good and too risky.If you saw that it would make you rich in the future then do as you pleased but remember always the risk involved on it because we know price of bitcoin is too volatile and maybe someday it would crash and make you got broke since you put all of your money in bitcoin,and if the thing would comes to your plan then its a huge success.

Yeah if things goes smoothly in future then it can bring huge profits for us but the fact is no one can assure its success and no one knows what will happen in future so its a big risk to take of investing all your money in bitcoin as if it disappears in future then it will make us beg on the streets for food and its always smart not to invest all your money at a single place and divert your funds at different places to divide the risks.

Dudeperfect

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If you can afford to lose all of your money then yes you can go with it and you might end up with 100X profits or 100% loss.

I have not invested my all money in bitcoin and I won't do it anytime until I acquire superpower to see the future with 100% success rate.

Bitcoin is amazing invention and I believe more and more people are going to use it in the future but I am (and no one) not 100% confident about it hence, it is the best way to invest as much as per losing capacity so that any incident wouldn't affect our lifestyle.

Zadicar

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Its either both ways, good and too risky.If you saw that it would make you rich in the future then do as you pleased but remember always the risk involved on it because we know price of bitcoin is too volatile and maybe someday it would crash and make you got broke since you put all of your money in bitcoin,and if the thing would comes to your plan then its a huge success.

icecube45

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If say the best way to grow your money, yes. Bitcoin fluctuations can make your money grow. If you say it's risky, also yes. Because bitcoin fluctuations are difficult to predict that price could fall at any time. I think to put all funds into bitcoin was not true. Although it could be but it is very risky, if you are willing to take risks in the future maybe it did not matter. But it is better to put only a few percent and place your other funds in other place. As an illustration, if you put your money in one place, if the place was a crash you will lose all your money. But if you put your money in some places, if one of the places crash you still have some of your funds in other place.

pop323

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Bitcoin was cheap at 2010 yes and increased.. Nobody knew it was going to be expensive.. So naybe it will increase again?
And again i just mean most of my income...
I mean there is a lot of fields.. Gambling,investing,and forex..
What are the chances?

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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.. ?

In my opinion this will only a type of risk to out all of your money in the bitcoin , Because in the past of the bitcoin if you will see at the prices then you will find that the price reached to about 299-250$ for long time after coming at 800$ ( as I remembered) .
So we can say directly anything about this that we will surely get profit if we invest . So instead to invest all of your money you should put suitable amount of money in the bitcoin so that its loss can't effects your life .

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I don't put all my funds in bitcoin because I still need fiat money for daily use. Investing in bitcoin and do trading are ways that can help you to make profits online. You should by BTC, it is a great oppotrtunity that every internet user should know. Holding is also investing because the value is increasing...

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

is it a good way to grow my money? or it is risky or.. ?

Bitcoin must be the right way for your growing your money. But no one can be sure about the future so no one can give you guarantee about the returns and the rate of growth of your money. If you are ready to risk, you can invest up to 80% of your total investment money into bitcoins and keep the remaining 20% into other investment types.

Quote from: termion on March 12, 2017, 02:41:08 PM

Back in 2010 year ... In 2010 you can put all your money in Bitcoin ... In 2017 - it's big foolishness

You got any explanation why we can put all our money into bitcoin investment in the year 2010. At that time bitcoin was very new project definitely people would have been afraid to invest with all their money.

I believe you are talking about the percentage of return one investor might got from the year 2010. But I'm not seeing any difference in terms of risk between 2010 and 2017.

thunderbitz2717

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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.. ?

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.

geopolisch

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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...

Even any bitcoin veteran also will never suggest to go with ALL into bitcoin investments. Not just with bitcoins, anywhere we must go for investing only with the amount that we are afford to lose.

People might be thinking differently here, they cannot afford anything to lose. Then how to invest ?

We need to divide our total saving into multiple parts and one part must be less than 25% of your total one time saving.
Now if you think you can afford to lose that 25% then you can go for nvesting with it into one investment type. (the catch here is all of your investment opportunities will not get you losses at the same time).

pooya87

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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.. ?

are you asking what i did or what is best for you to do. because i may do all kinds of crazy shit with my money (hypothetically) but you find them uncomfortable and too risky to do.

and you are not giving us any information here!
like how much is all your money? is it all you have in the whole world, or is it some extra money you have saved up?
how old are you? are you a 40 year or with a family or a student who lives with his parents?

and lots of other things. investing or not investing differs based on every person's economical situation.

ownageplocks

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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...

JeffBrad12

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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.. ?

And it's mean to put all of your money in bitcoin and you have agreed with all of the risks in bitcoin. If you don't know anything about bitcoin and don't play them without getting more information about bitcoin, You will lose your amount due to the volatility of bitcoin..

ArdiPrabowo

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I think is very bad if you all mone can use online investment
and then only investment in one place only bitcoin, is good you can use offline and online investment, and not all money is use investment
maximum 30 - 50% from you money

richardsNY

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It doesn't matter what investment option you're thinking to invest in, the number 1 rule remains that you should never go all in. Only rookies make these mistakes, and mostly it turns out to be a very expensive lesson for them. Another thing is that people being heavily over invested into something make awful emotional decisions. In terms of percentages I would never invest with more than 50% of my fiat holdings. It takes many many years to build up a certain amount of savings, but it just takes a very short time to burn through all your holdings. Don't gamble with your money!

BTC786

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dont put all eggs in one basket. keep a back up

mega

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Never put all your eggs in one basket and same goes with investing money only in bitcoins too, if you put all your money in bitcoins and if price crashed tomorrow then you will be going through big loss so its better to invest only a part of your wealth in bitcoins and rest save it for the future for the uncertainties and if bitcoins goes well then it would be a win win situation for you.

Taki

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Well, such investituons surly will make the price to grow. But I think it's not the time for such risky steps yet. Bitcoin is not so known and used for today. I think it would be better to put some part of money in bitcoin, that part that you don't use and which is stays every month as free money. That method will protect you from possible risks and if the price for bitcoin will rise high you will not skip it.

dothebeats

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Not a good idea since if price plummeted down, you would only have yourself to blame in the end. Also, putting all of your eggs in a single basket would probably be the most dangerous thing that you'll do to your money since if everything fails you will not have any backups at the least. Though it is true and evident that bitcoin is skyrocketing for the price right now, there are no assurances that this will be on for the next coming weeks or months. Diversifying your investments is still one of the best things that you can do as a smart investor.

agustina2

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Quote from: termion on March 12, 2017, 02:41:08 PM

Back in 2010 year ... In 2010 you can put all your money in Bitcoin ... In 2017 - it's big foolishness

You think you can say the same thing if we are in 2010? We already know what will happened from 2010-2017 that's why you make up a statement like that.

See. You already give an assuming statement even you don't know what will happen. It's not about the year but the foolishness here is to put most of your money in bitcoin. To OP, you can put most of your money in bitcoin but only if you also have a decent amount left in your pocket to be used to covered your usual spendings.

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