I do have almost all my savings into bitcoin only. But right now I've learned to diversify my assets even though bitcoin is looking pretty good as of this moment despite the uncertainty as to what path should it take moving forward. To describe my holdings, we don't know what are the events or problems that may occur . Investing all your money in bitcoin is being a crazy one
Yes bitcoin is not a safe investment because of its feature called "volatile" if you want to still earn and be safe in bitcoin then it is best to put an amount that you can afford to lose because sometimes bitcoin is not that good when it comes to investment because sometimes the price go dump very hard and you will lose huge amount of money, will not be a problem if you have a fixed income to finance all off your needs but that would be a concern
Topic: did you place all your funds into bitcoin? - page 15. (Read 123608 times)
I do have almost all my savings into bitcoin only. But right now I've learned to diversify my assets even though bitcoin is looking pretty good as of this moment despite the uncertainty as to what path should it take moving forward. To describe my holdings, we don't know what are the events or problems that may occur . Investing all your money in bitcoin is being a crazy one
Yes bitcoin is not a safe investment because of its feature called "volatile" if you want to still earn and be safe in bitcoin then it is best to put an amount that you can afford to lose because sometimes bitcoin is not that good when it comes to investment because sometimes the price go dump very hard and you will lose huge amount of money, will not be a problem if you have a fixed income to finance all off your needs but that would be a concern
You should rethink if you want to invest all your money into bitcoin. Indeed if bitcoin price increases andak will benefit from bitcoin but if bitcoin down you will lose and potentially lose. Preferably if you are new to the world of crytocoin do not invest all your money leave half for your savings. But if you want to pull it anyway, I suggest if you want more profit spread your money to more than 1 coin so that if maybe one of them will crash
Well that is the tricky part on Trading, you don't know what Altcoin you are going to buy where you could have profits in the long run, there is a need important and abrupt but you do not have the money anymore and the only way is by selling your bitcoin and at that price down then you will incur a loss, which is also important is to understand the risk in every decision we make in spite of bitcoin prices always go up
I do have almost all my savings into bitcoin only. But right now I've learned to diversify my assets even though bitcoin is looking pretty good as of this moment despite the uncertainty as to what path should it take moving forward. To describe my holdings, we don't know what are the events or problems that may occur . Investing all your money in bitcoin is being a crazy one
I hade to cutloss 50% of my funds to lessen the risk.. I actually believe in Bitcoin more than any other coin, but I learned that belief is not enough, we need to be smart
Bitcoin was still very cheap when I first heard about it few years ago but even though it was cheap I did not put all my funds in bitcoin because its not a good idea to do so. We should always remember that no matter how big the chance of growing your mobey putting it in one basket is very risky its a 50/50 situation so you have to set aside emergency funds just incase your investment didnt work to avoid losing all your money.
Of course it's not good idea. Every coin has each risks, but if you want to minimize the risks you should diversify your portfolio with another coins.
As of now, I don't think so that this is the right time to place all your funds in bitcoin. Price of bitcoin is not stable and always dropping, its hard for us to place our investment but we are just waiting for the right time. Brother, but if you really want to invest all your money its up to you. Just be Patience in Holding your bitcoin. Its take time but you will have sure profit on it.
If you do choose to take the plunge and buy a bitcoin, make sure it’s a very small part of your diversified portfolio—and that you can afford to lose your investment.
That is right, because placing all of your funds into bitcoin might give your some headache, before doing so, it would be better if you know that the price of bitcoin is not always going up for you to sell your bitcoin anytime you want, it is not like that. Bitcoin's price have UPs and Downs meaning, you couldn't sell whenever you feel to do so, because you are going to lose your profits or your capital if you are going to sell your bitcoin in a very low price
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 is risky to put all your money in one basket f there is a massive sell down you will really feel stress and may get panic to sell off your hold. Its good to diversify tour money like 40% bitcoin, 30% eth and the rest you can buy other coins which you think have a positive growth overtime.
If you do choose to take the plunge and buy a bitcoin, make sure it’s a very small part of your diversified portfolio—and that you can afford to lose your investment.
Yes, this is the best decision in my life and I will continue to put all my funds and work into it. I really have a high hope with bitcoins and surely it will not disappoint. So far, it has more than doubled after the new year and seems like it won't even stop. I wouldnt put anymore than 70% of my money into bitcoin. It is still important to diversify into other investments such as stocks and ETFs even though they might not be as profitable or exciting as bitcoin. Putting your eggs in 1 basket puts your risk insanely high especially if you all in on bitcoin
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. 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, 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 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. 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
That's the worst decision that you've done in your life if you do that.Always remember the golden rule in Crypto investment "Invest the money that you can afford to lose". Even you can make it double or triple i suggest not to put it all specially if it's not just your extra money.
Actually many people are depending on the income from cryptocurrencies in this forum, they chose it at their main job and spend all the time for it but the point is they're good at it. So i guess your golden rule isn't wrong but it isn't right too. My golden rule is "Doing whatever you're good at it".If the OP is really good at trading or investing , just keep doing it because it could become your main jobs like entire people in this forum .
That's the worst decision that you've done in your life if you do that.Always remember the golden rule in Crypto investment "Invest the money that you can afford to lose". Even you can make it double or triple i suggest not to put it all specially if it's not just your extra money.
Bitcoin is good investment but I wouldn't suggest to put all your money into it With Bitcoin's price continuing to surge, here's everything you need to know about investing in the cryptocurrency. ... You need to know that your bitcoin investment might lose money. If you're not prepared to ..... First one piece of good news: You can buy fractions up to the eighth decimal place of bitcoin. . I think it would be better to put some part of money in bitcoin.
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.. ?
Yeah obviously it is risky.but if you play very carefully sometimes it becomes very profitable.In current market situation there are lots of market manipulation going around.So now everyone needs to be extra careful than before.
It's a human nature trying to grab the best opportunity.But that doesn't mean you blindly show overconfidence and loose every thing you have.
Yes, Bitcoin is a awesome concept.
You can invest a portion of your money in it.
As you know that investment is always risky, you can use the concept of "Portfolio". That means investing in more than one concepts.You can be a good decision.
Yes, Bitcoin is a awesome concept.
You can invest a portion of your money in it.
As you know that investment is always risky, you can use the concept of "Portfolio". That means investing in more than one concepts.You can be a good decision.
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