Topic: did you place all your funds into bitcoin? - page 31. (Read 123624 times)
yes, for my piggy bank it's a bitcoin to accumulate money because it lasts, though I do not spend my money on bitcoin its price rises and I'm paying a lot here so I'm so thankful that bitcoin was invented because I'm paying for it without my job, the price of bitcoin has increased so my income is higher but it's also very difficult when the price drops.
In my ipinion that too risky, I placed maksimum 90% of my money in to Bitcoin, Ethereum and others altcoin. And other 10% for fiat for daily needed. I place 90% my money in to crypto(BTC,ETH) because my prediction these coin can be bigger in the future.
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 understand the reason why do you have to put all your money in bitcoin because you already know its capability to increase in the future but the question is, are you really sure you want to put all your money here? Have you read enough article about bitcoins like pump and dump, crashing time and etc.? Have you ever watched or observed in the market how does the value of coins move or work? Does you have enough knowledge about it? Because if not, then don't put all your money in bitcoin. I wish i did it but it's not the case. I still holding many altcoins, some of them are growing and some are decreasing.
I spread my coins out among several altcoins, in hindsight I woulda been better keeping bitcoin for a few months instead of alts but I think long term altcoins will do better.
I wish i did it but it's not the case. I still holding many altcoins, some of them are growing and some are decreasing.
Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
right, it is not at all a very good approach to turn out all your paper money into bitcoins. Though bitcoin is really good way of investing money but even then, you really need to have something in your account as your backup. There are still number of places where you do need to have paper money for buying different sort of things as well as for spending of money. You need to divide your money into two parts, invest one part into bitcoin while the second one. 
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.. ?
Every investment is a risk and there is always the danger of losing money. It is better to put only a few percent and place your other funds in other place 
just like everyone said. put amount money you sure you can live without it. so I put 10% my fund into bitcoin. that all
That's absolutely a good thing, just place a small amount of money so even if there is trouble and unexpectedly lose it; it will not have a big impact to you. But if it becomes successful, it will be a good news to you and to tour family. Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
At one point in time, 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, I'm 60% bitcoins, 20% in my assets and 20% in my personal savings, not a bad setup for a person who only makes a few grand every year, eh?
Bitcoin is a very popular cryptocurrency of all other altcoins. It is an electronic data.There is no relation between bitcoin and local bank and government so we don’t need to pay extra taxes that is very useful for us but the only problem is it changes it’s value very quickly. For this reason, no one can say surely that it’s value will increase or go lower. Better option for beginner is tested the thing by investing a small amount. If you can take the responsibility of your own mind then you can invest more also. It depends on your mind.
First of all, don't put all your money in one asset...
2nd invest in some cryptos not only in one, go to coinmarketcap and invest in the first 10 ones
2nd invest in some cryptos not only in one, go to coinmarketcap and invest in the first 10 ones
No, I'm just a person who has a small income in real life, I'm just trying to put some of my money on bitcoin, because I want to invest for the long term, so I can not put all my money on bitcoin.
just like everyone said. put amount money you sure you can live without it. so I put 10% my fund into bitcoin. that all
I don't think it is a good idea to put all your money into btc.
You should be clam in every trade, and you should have an estimate of the possible risks
I agree with you. Placing all your funds into Bitcoin will be too risky. There are so many possibilities that could happen; before you think the positive effects, think about the negative. If your account is not secure, it may hack and lose all your many and if the value decreases, you may not gain your expected profit. For me, balance you fund to your needs and investment for Bitcoin. You should be clam in every trade, and you should have an estimate of the possible risks
Bitcoin is good investment but I wouldn't suggest to put all your money into it. I wouldn't suggest puting all your money into anything, not just Bitcoins. Every investment is a risk and there is always the danger of losing money so you have to invest with care and you always have to have some back up. Don't ever invest more then you can afford to lose.
I agree. It would be too risky to dump it all in investing because the characteristics of bitcoin may negatively affect your profit. I mean, right now, the value is really skyrocketing in an alarming rate that it would entice anyone with ease to invest everything. But, you have to look at the bigger picture, it's not always like this, there will come a time that it may decrease or may halt, thus, it would be unwise to put everything in, not unless, the money that you are invest is really "extra" and you still have some savings left for your day to day and other unforeseen expenses.
no never put all your funds its too risky, whether its bitcoin or investment at other things never ever put you entire money into that you worked for that for so much time and you can loose them in blink of eye. i don't think there would be anyone out here who have done so what you are thinking. what if you need money for other purposes and if that is urgent how will take money out of it at that instant , there is term called baby steps start slowly carefully and invest little ,then after making profit from investment buy other coins that are listed and posses good value ,up your game smartly not by just rushing into things
Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
Yeah, everyone should have backup(s). although bitcoin won't fail you, just in case. i'm like 60% in bitcoin, i have invested in several altcoins(top ones and few other interesting ones 
) as well holding some fiat.
Placing all your funds in a single investment lessens your chance of profiting. Because what if that coin dumped or even worse, loss its value? Although this is quite impossible with bitcoin, this applies to all.
Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
Yeah, everyone should have backup(s). although bitcoin won't fail you, just in case. i'm like 60% in bitcoin, i have invested in several altcoins(top ones and few other interesting ones ) as well holding some fiat.
just like what other says my friend. i also dont agree, aside from its too risky, it is also too unrealistic. imagine a life with nothing to spend on. bitcoin investment is like time savings with money. so, youll end up dying the next day because you cant buy yourself a food today. haha still.its up to you
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