Topic: did you place all your funds into bitcoin? - page 17. (Read 123608 times)
I would clearly say NO for putting everything in one basket, that’s a very hard thing to deal beacuse there is a big risk,though each individual has its own life’s vision and has different ways in dealing techniques on how to drive life to success, That’s just my own way of understanding anyway, and yours is your own way too😃
Its not a good task to put all your funds in bitcoin as you may have daily needs for which also you need fund and if you put all your funds into bitcoin it may be a tough task for you.Instead you must keep some funds with you to meet your basic needs or at some important point of time.
Of course not, that would be too dangerous. I have put only a little sum. The point is that now this little sum has grown so much that now 97% of all my money in in Cryptos.
Bitcoin grew tremendously last year and those who are invested even half of their total funds for the last three years received a bountiful profit if they choose to encash it before corrections take place last december. Aside from bitcoin, there are also other profitable cryptocurrencies that are worthwhile to invest like ethereum, ripple or bitcoin cash, to mention a few, that will surely make gains in the future. So it better to put funds not only in bitcoin but spread it to other potential altcoins to diversify your portfolio. You will still gain some profit if you put your funds in many cryptocurrencies even if some of them are in dip.
In any investments no matter what dont invest all your money. You never know what might happen. 40-70 % can be invested 
That’s a sagacious strategy because you never know what is going to happen in business especially when you are investing into crypto market. 40% to 70% is good for the coin which is bitcoin, not for altcoins. Altcoins are not capable of making you return all that you have invested. Invest maximum you can into bitcoin for better returns. In short, wherever you are investing, do good research before investment.
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.. ?
Don't try it. Investment in btc is profitable but it is not advisable for you to put all your money in btc. Risky? Every investment is about taking risks but investing with all the money you have got is way "too risky"
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 that will be a terrible mistake, people think of doing that and while the potential profits are great are you really comfortable to deal with the consequence of bitcoin failing and losing all your money because I'm not fine with that which is why investing all my money in bitcoin is not really an option for me.
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 that will be a terrible mistake, people think of doing that and while the potential profits are great are you really comfortable to deal with the consequence of bitcoin failing and losing all your money because I'm not fine with that which is why investing all my money in bitcoin is not really an option for me.
Yes. I invested all the savings on bitcoin in 2016 and i am very grateful because a year later, bitcoin became so valuable that my crypto investment grew faster than i had predicted.
Too dangerous to put all your money into Bitcoin. I didn't However, my BTC holdings have now grown so much in value that almost all of my funds now happen actually to be in Bitcoins. Perhaps I should sell something therefore
Investment is not suited for newbies, without having proper knowledge entering this field is not advisable. If there is something to worry about when you've placed your fund into bitcoins is when Bitcoin will drop to almost 1$ or when an altcoins out throw the crown of Bitcoin in being the number one Cryptocurrency
The main thing there is that investing into bitcoins is very attractive and quite lucrative atimes. But investing your whole money into bitcoins is not a good plan. Before going into this field first learn how to invest and where to invest and where if you invested how much profit you will get in month/year. Like this lot of research required
Concurred! It is highly unlikely that contributing 100% of your salary or profit in any sort of speculation is a smart thought. Contributing cash is no uncertainty extremely something to be thankful for and it can help you in duplicating the cash which you are having however it is no fitting to go out on a limb as you can lose cash whenever. You have to settle on an astute choice and contribute just that much cash which you can stand to lose
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 think putting all your money into bitcoin is very risky and not recommended because in the world of crypto currency the price is always up and down is difficult to predict, you can lose if the price suddenly dropped
It is not better decision that you can invest or place your all funds in one place like bitcoin or anything because if you can place all fund in one place and you have faced loss then you will have a great problem in recovering that loss and If you can invest in some different place then if you face loss form one place then you can recover it from other place.
It's totally a big gamble if you'll put all your funds into bitcoin but there are people who did this already but I don't have any update on where they are now. But they did this when the price of bitcoin is only at $1,000 so still they have enough profit even the price of bitcoin went almost 50% from $19,900 down to $9,000. Don't put your eggs in one basket and this is very popular in the investing market and is applicable to crypto market too.
It is not better decision that you can invest or place your all funds in one place like bitcoin or anything because if you can place all fund in one place and you have faced loss then you will have a great problem in recovering that loss and If you can invest in some different place then if you face loss form one place then you can recover it from other place.
No I don't put all my funds into bitcoin but some I put invest into altcoin also. I think good to put invest a little percentage of our money into altcoin also, so not just invest into bitcoin only. Like ETH is good potential coin to put invest into it, so we need to choose good coin before we put investment.
Diversification is better than owning only one weapon because all of them will be of use at their own times. If a person invests all of his money in bitcoin and holds it for long, no doubt a significant amount will be earned. There will be times when bitcoin won’t make any progress. Those re the times when altcoins can lend a hand in increasing the capital. So, better to take the most advantage out of situation. Even I am suggesting diversification, I do prefer investing into bitcoins with maximum percentage and with rest of cryptos with possible least capital. I did not put all my capital into bitcoin, because the risk of losing capital was so high when saving all of its capital to buy bitcoin, so I used some of my capital for bitcoin, for my capital security.
I also didn't place all my funds into bitcoin though even if I place all my funds I know that I'll never get regretted of placing it in bitcoin as investment but then I still have to mind my personal needs and also my family needs which one of the reason why I'm also here in this forum. But I am willing to place at least 20% of my funds in bitcoin if I have.
Nope! Bitcoin is a good investment but you never really know what is going to happen I wouldn’t put all my money here never go all in at first you need to diversify your investments second save money on the bank or do some business with less investment. Like for now, the price plummeted and it is too risky.
In my opinion, Bitcoin is the right technique to make your money grow faster.But place all your funds into the bitcoin is not proper technique because I believe in the saying that put all your eggs in one basket is too risk you might lose the whole thing you have. Just put your 50 percent of your funds to the bitcoin and the remaining of your founds to the different currency like Ripple, ETC, and others alt coins.
In any investments no matter what dont invest all your money. You never know what might happen. 40-70 % can be invested
Agreed! There is no way that investing 100% of your income or earnings in any kind of investment is a good idea. Investing money is no doubt really a good thing and it can help you in multiplying the money which you are having but it is no advisable to take such a big risk as you can lose money anytime. You need to make a wise decision and invest only that much money which you can afford to lose. Jump to: