did you place all your funds into bitcoin? - page 21.

Baofeng

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Quote from: buytheeffinD on January 11, 2018, 04:31:42 PM

Quote from: pop323 on March 12, 2017, 12:41:16 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.. ?

Stupid, stupid, stupid. Great way to grow your money though. But it is stupid, stupid, stupid. Don't try be a hero invest some of it and what you can afford to lose and are okay with mentally and physically.

I initially did at the beginning of my journey in trading or investing. But yeah its a stupid mistakes because if bitcoin goes down, you will suffer a lost. That's why I learn to diversity.

Now I have a good portfolio in altcoins, specially when altcoin surges in the last couple of months. Although I have bitcoins in my wallet, I will not touch it in the next 6 months. I will used the gains that I got from altcoin to re-invest and recycle all my capital.

buytheeffinD

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Quote from: pop323 on March 12, 2017, 12:41:16 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.. ?

Stupid, stupid, stupid. Great way to grow your money though. But it is stupid, stupid, stupid. Don't try be a hero invest some of it and what you can afford to lose and are okay with mentally and physically.

Partizanai

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Quote from: ownageplocks on March 12, 2017, 10:00:54 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...

totally agree with you there, risking with all your funds is not an option, and "big risk - big gains" should not apply here, dont treat market as a casino

goyal.dkg

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bitcoin is at very high price , and it can grow every quarter 2x to 3x from this stage , while other coins have high chance to grow more than btc .
so choice is yours .

Blue Bell

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Quote from: Shanti NewCoin on January 10, 2018, 01:57:48 AM

Quote from: Aprodite on January 10, 2018, 01:35:36 AM

Quote from: pop323 on March 12, 2017, 12:41:16 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.. ?

You do not have to put all your money into bitcoins. try partially investing, and start trading. By trading you can earn bigger profits than investing silently.
Very dangerous, if you put all your money into bitcoin. No one person knows the future of bitcoin, but everyone always hopes that bitcoin will always go up every day.

Can`t keep ppl out of loosing money.
If you strongly intend to spend some funds for btc (good choice as it is the most developed market so far), my advice would be to buy it by few transactions: buy each week for equal amount. That will allow to get an average price. So, if it goes down you`ll get lower average price, if go up you still get some profit.

I think it’s not a good idea to invest all you money here because bitcoin need only little amount to invest and it don’t make sense to spend all your funds here even rich and billionaires area also not going to do so as we know that bitcoin price is very high than any other currency so spend little amount of money and I’m sure it will make it double as I make double my money so bitcoin is one the great currency.

Haladay

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Quote from: shiunsai on January 11, 2018, 09:11:36 AM

Quote from: Jupeter on January 10, 2018, 09:57:56 PM

Quote from: zemb on January 09, 2018, 11:31:10 AM

It is very risky to put all your money into bitcoin even if it has already started to grow up. In any investment there is a risk, so the funds must be placed in different cells.

I am trusting bitcoin very much but i dont place all of my funds or my money into bitcoin because i also know that there are still many altcoins that has a small amount but has also a bright future just like the litecoin and ethereum, i put some of my funds in ethereum because it has also a great future.

That's a smart move never depend only on single investment to make profits as you never know what will happen to your investment in future and when it comes to investing in cryptos its more risky then real life investments as the price of cryptos is too volatile and it can go in any direction in long run so the best thing would be to diversify your investments at different places in online as well as real life investments as if one fails then you still have an chance to recover your loss from the other and putting all money only in bitcoins is a huge risk as still there is a big question mark on the future of bitcoins.

Different ones are equal to different profits and different chances for success. Don't forget about this, with limited number of coins, you can't achieve huge aims. You just stay in where you're.

raziplab92

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That sounds not a good idea.Never put all eggs in one basket there is always a second side of each thing though bitcoin is benefiting lot of people what is the guarantee it would do the same in future.Might be there would be difficult time for bitcoin then you have to face much difficult time so you should have a backup no matter how much secure you are.Spent as much money as you can afford dnt be greedy save your side first then play the game and let the targets to be achieved slowly but securely.

shiunsai

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Quote from: Jupeter on January 10, 2018, 09:57:56 PM

Quote from: zemb on January 09, 2018, 11:31:10 AM

It is very risky to put all your money into bitcoin even if it has already started to grow up. In any investment there is a risk, so the funds must be placed in different cells.

I am trusting bitcoin very much but i dont place all of my funds or my money into bitcoin because i also know that there are still many altcoins that has a small amount but has also a bright future just like the litecoin and ethereum, i put some of my funds in ethereum because it has also a great future.

That's a smart move never depend only on single investment to make profits as you never know what will happen to your investment in future and when it comes to investing in cryptos its more risky then real life investments as the price of cryptos is too volatile and it can go in any direction in long run so the best thing would be to diversify your investments at different places in online as well as real life investments as if one fails then you still have an chance to recover your loss from the other and putting all money only in bitcoins is a huge risk as still there is a big question mark on the future of bitcoins.

greenbitsgm

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The last thing i would do if ever i have funds is to invest it all in Bitcoin.
The lure of getting huge profit is really tempting but before delving yourself into it ask yourself,what if it fails,what if Bitcoin crash.what's my fallback,how i am to get the lost funds back.
My answer,diversify...look for other option,Bitcoin is not the only crypto available,invest in alts like,ether,litecoin,ripple,they all have the potential to give you good profit,that's your fallback,that's your saving grace,that's what good traders do.

richmcrich

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Quote from: Urbanbypas on January 08, 2018, 02:58:15 PM

Now invest in bitcoin is risky and inexpedient. I would invest my money in coins like etherium and ripple.

That’s strange. You should support your statement with some evidence or logic. There is nothing like what you are thinking about bitcoin.

It is still the leading digital currency of the crypto world and there are maximum chances that soon it becomes the legal international currency of the world. Well investing into altcoins is not as fruitful as it is in the case of bitcoin. Think twice before preferring some immature coin.

Jupeter

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Quote from: zemb on January 09, 2018, 11:31:10 AM

It is very risky to put all your money into bitcoin even if it has already started to grow up. In any investment there is a risk, so the funds must be placed in different cells.

I am trusting bitcoin very much but i dont place all of my funds or my money into bitcoin because i also know that there are still many altcoins that has a small amount but has also a bright future just like the litecoin and ethereum, i put some of my funds in ethereum because it has also a great future.

Kayum10029

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Quote from: pop323 on March 12, 2017, 12:41:16 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, nothing at all.i didn't convert my fund into bitcoin. but i hold it and getting profit i turn into it fiat papar money.

Ipwich

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Quote from: chichigirl on January 10, 2018, 09:18:16 PM

Quote from: Estehmanis on January 10, 2018, 08:00:53 PM

I think it's very risky. My suggestion is better you put a little capital first. Steeped bitcoin so that profit and we can return capital

That is correct and a very safe way to trade. Putting your money in a single destination is very risky. Try to put a little amount first and when it started to gain some profit you can add some capital again.

Just don't be greedy so you will know the right things to do.
Crypto world is very progressive but it's very risky here as well so if you will not limit, you might win big or lose everything
which we do not want to happen, just know the possibilities because every investment has a possibility of failure as well.

chichigirl

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Quote from: Estehmanis on January 10, 2018, 08:00:53 PM

I think it's very risky. My suggestion is better you put a little capital first. Steeped bitcoin so that profit and we can return capital

That is correct and a very safe way to trade. Putting your money in a single destination is very risky. Try to put a little amount first and when it started to gain some profit you can add some capital again.

Souldream

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Quote from: cherryfer on January 10, 2018, 07:44:12 PM

Quote from: pop323 on March 12, 2017, 12:41:16 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.. ?

Its up to you guys, but the best technique here is take money placed into a balance carrying let say you have some important daily needs for funding so, your money can divide it into 2 and the half percent is to invest to bitcoin. but that's not the end of your investment to get big income because the price value of bitcoin is not stable.when you inter an investment to bitcoin just monitor the price value every hour because the money you invest here will generate big profit when you use your own technique of investment, remember you are free to full out your investment if the price will totally down.

Well I think the risk is always there, and yes anything could happen to your money and the idea of putting all your money in bitcoin is somewhat good idea but risky, but if I were I would never do that. Well in every decision we made most especially in investing here in cryptocurrency is needing a more suggestions so that you could get some important points to remember and your not getting wrong to the place where you prefer to ask.

Estehmanis

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I think it's very risky. My suggestion is better you put a little capital first. Steeped bitcoin so that profit and we can return capital

pinkliar

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Quote from: Birin016 on January 10, 2018, 06:03:34 PM

I dont place all my fund into bitcoin. 70% my fund in bitcoin and 30% my fund to buy other altcoin. I think if we place all fund in bitcoin we can't get max profit because bitcoin value still not stable and going down now. I think ETH is going up, and better than invest in ETH from now

placing in just one are not a good idea cause i see this as a bad idea to be , if you wanted to have the assurance with your funds then this is more better if you may take this in a different type of investment then this is good also if you may take the opportunity of you may have some altcoin to choose for.

cherryfer

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Quote from: pop323 on March 12, 2017, 12:41:16 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.. ?

Its up to you guys, but the best technique here is take money placed into a balance carrying let say you have some important daily needs for funding so, your money can divide it into 2 and the half percent is to invest to bitcoin. but that's not the end of your investment to get big income because the price value of bitcoin is not stable.when you inter an investment to bitcoin just monitor the price value every hour because the money you invest here will generate big profit when you use your own technique of investment, remember you are free to full out your investment if the price will totally down.

cepedacharles

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It's not a good idea to invest all your money in one player alone. What if let's say Bitcoin suddenly crash? What is your next plan? If you only place your money solely in Bitcoin, It's clearly loss on your side. That's why it's not ideal to put ALL your money in just one player. Try to maximize and spread your money throughout the market.

mayidid

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I've only placed money into Bitcoin that I can afford to do without. There are still a lot of unknowns with regard to the future success of Bitcoin. It will be a high risk investment for a while longer. That's why diversity is a great way to minimize the risks that is accompanied with your investments. If one investment fails you still have other investments to rely in.

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