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Topic: did you place all your funds into bitcoin? - page 34. (Read 123608 times)

full member
Activity: 238
Merit: 100
December 09, 2017, 10:55:52 AM
I will not advice you to invest your all funds into Bitcoin .Your should save some of them because we investments in Bitcoin are for some period of time.And for that time period our savings can help us to fulfill our daily needs.More over we know that it is volatile so along with rises there are drops also in the price which can lead to loss .So don't invest all your money.
full member
Activity: 518
Merit: 101
December 09, 2017, 10:30:53 AM
On the one side, yes you must have bitcoin, but on the other side you should divide de risk investing in other coins also. The top 10th in capitalization are good ones.
full member
Activity: 168
Merit: 101
December 09, 2017, 10:29:16 AM
Oh, no I did not place all of my funds into Bitcoin only. I always try to trade with altcoins - it gives me profit that is sufficient.
i think investing all into bitcoin is good way to make money and that's correct its always good to put little money in bitcoins that we can afford to loose as we are not sure what bitcoin will show us in future so its better not to put all money in bitcoins as if bitcoin fails then it will take away all our investment.
full member
Activity: 476
Merit: 105
December 09, 2017, 10:24:17 AM
Oh, no I did not place all of my funds into Bitcoin only. I always try to trade with altcoins - it gives me profit that is sufficient.
full member
Activity: 560
Merit: 100
December 08, 2017, 01:19:42 AM
Every investment is a risk so i dont put my whole funds any investment or in bitcoin but think it first before you decide what its better for you .Try to ask your family what is good for your money .
member
Activity: 98
Merit: 10
December 08, 2017, 01:04:32 AM
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 because if you invest all your money in bitcoin you dont have a money that you can use in emergency if something happen although there is stores or hospitals that accepting bitcoin sill its not good idea that you should invest all your funds in bitcoin because once it gone you will be frustrated, feel broke or etc. You better invest 50% of ur money at bitcoin and keep the 50% in yourself because no one knows what will happen in future. But i dont think bitcoin will gone,i just want to say  the fact/possibilities that can happen.
sr. member
Activity: 574
Merit: 250
December 08, 2017, 12:41:14 AM
Investing in bitcoin is a good way of growing your funds but putting all your funds into it is not a good idea apply the rule of diversification that will be better it will also give room for the future and for the now matters.
full member
Activity: 232
Merit: 113
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December 07, 2017, 09:10:48 PM
For i have considered it to place all my funds in bitcoin. But i am hesitating because if there's an emergency my funds will be in bitcoin, what if i need it instantly i don't have time to cash it out because it's in bitcoin. Also, not all business, stores, hospitals, and pharmacy are accepting bitcoin yet.
sr. member
Activity: 532
Merit: 255
December 07, 2017, 07:19:54 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.. ?

Put all your money in bitcoin?...
Not a bad thing, but less good.
I`am think...,It was a risky thing, However, it's also a good way to grow your money.
However I can say, it would be nice "you invest 75/80% only".
full member
Activity: 420
Merit: 102
December 07, 2017, 06:30:43 PM
Certainlly no, although bitcoin is the best cryptocurrency, putting all fund in it is too risky. I often spend about 50% my budget for Bitcoin
I agree, putting all funds is not necessary. Putting some of funds is alred good as an investment; we still have to be aware that we our daily needs so we must keep some of our funds by ourselves.
full member
Activity: 490
Merit: 100
December 07, 2017, 03:17:30 PM
I did not put all of my coin in one portfolio rather it is shared between BTC and Ether at the ratio of 65 to 35%. Just to always mitigate losses incase of any eventuality with Bitcoin.
sr. member
Activity: 994
Merit: 252
December 07, 2017, 03:09:53 PM
We can't avoid the risk in investing something but theirs a probability that you can earn huge profit in bitcoin for long term.
Off course i place all of my funds or savings here in bitcoin because i know that bitcoin price will totally rise or increase nd increase very well, and i place all of my funds here in bitcoin because i trusted bitcoin and i know that i can totally be rich by doung this and i will hold my bitcoins until i satisfied with the price of it maybe 2years is enough.
Investing in bitcoin is no doubt really a great idea and it can actually help you in having a very comfortable life in the future as well, even then, it is not a smart decision to put in all your money into bitcoins. You actually need to save something good for meeting your expenditures as well to face any kind of hardships in case you suffer some sort of loss. Have something as your backup which you can use at the time of emergency.
sr. member
Activity: 887
Merit: 253
December 07, 2017, 03:03:40 PM
Putting all belief in bitcoin is a mistake, all investors know that there is risk when we invest, so we never put all our funds into something.
It is really a very risky thing to put all your fruit into one basket. Investing in bitcoin is really a very good thing to do but you cannot trust on bitcoin and that too up to this much level that you go for investing all and all in bitcoin. You do need to have something as your savings in your account for meeting your expenditures and to face the tough situations.
hero member
Activity: 672
Merit: 500
December 07, 2017, 02:15:51 PM
Changing all your money to bitcoin seems excessive. Investing with bitcoin is good, but a good thing if done excessively then it will not be good. Original money is still very important for life, so you should not change all your money to bitcoin, bitcoin some of it.
 
hero member
Activity: 1316
Merit: 502
December 07, 2017, 11:45:28 AM
Well, that thing only depends to you, exchanging all of your fiat money into bitcoin or any other cryptocurrency has its pros and cons so choose wisely. Just follow the most practical choice.

In my case, I decide to put all of my funds in bitcoin because I'm not expecting major expenses since I'm still a student who obviously depends on my family. In short, all of my bitcoins in my wallet are just my savings intended to use for my wants (but can be also used for unexpected expenses in school if I wanted to). Another reason, I'm confident to put all of my funds into btc because those funds I used are just the rewards I've got from my signature campaigns and never came from my own pocket so I feel no regrets if ever it might gone (but I think it won't for sure).

Everyone has his own point of view, reasons for any behavior and decisions. If you think you should keep some portion of money for emergencies and invest the remaining into Bitcoin it is a wise plan. However I trust Bitcoin blindly and I will not hesitate to invest all of my savings into Bitcoin. Maybe I will go for some Diversification here because this way I can understand the true essence of Bitcoin.
Putting all the funds into bitcoin seems to be a crazy idea but sometimes crazy ideas always produce unexpected results, the reality has proved us very clear about this, the price of the bitcoin has reached $ 15000, that is a terrible number, and if we put all the funds into bitcoin very early, our profits can be said to be huge, we are probably a millionaire or new billionaire. Although in the past, I also have the thought of investing is not should put all into but with bitcoin, I've eliminated this thinking, it's really a trend and potential in the future, the risk when putting all on it is yes but not high, so I also soon put all into bitcoin and get big profits but maybe I sold it pretty early and now I am very sad when I look at the price of bitcoin
full member
Activity: 518
Merit: 100
December 07, 2017, 10:21:25 AM
Yes! I put all my fund into bitcoin since the beginning of this year. I am leaving to enjoy every bit of that decisio I took. It occur to me then that we were at the point of serious change that will lead  in to crypto finances and crypto economy. I was right!
legendary
Activity: 1050
Merit: 1001
December 07, 2017, 10:13:54 AM
of course it's very risky. for professional traders, they always trade with some altcoins, because if you only use 1 bitcoin alone, then your coin development does not increase, because only expect 1 bitcoin alone. you should use altcoin and ico. but with a note you must be smart and experienced in trading.
Never I will put the majority of my cash in one place even in bitcoin on the grounds that I don't believe that anything in this world is steady with the goal that we can full trust so we require think about everything and great choice is that you can keep more cash in bitcoins and some cash in altcoins that will give you great outcome.
Yeaa , bitcoin is considered as a high risk investment , understand about this and you'll know why.
The volatile makes anyone who involved here always has chance to lost their value drastically.
But if you can afford to take that risk , it might really worth.
full member
Activity: 238
Merit: 100
December 07, 2017, 09:51:55 AM
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 don't think that it is right to put all your funds into bitcoin because for sure, there will be a time that you will need money for emergency case. I can't judge you if you made that decision because you already saw what bitcoins can bring to us in the future but then it will be safe if you have some cash in your pocket or wallet. You just want to double your money, for sure. It's always up to you.
full member
Activity: 196
Merit: 101
December 07, 2017, 09:33:35 AM
Putting all belief in bitcoin is a mistake, all investors know that there is risk when we invest, so we never put all our funds into something.
full member
Activity: 532
Merit: 101
December 07, 2017, 09:20:22 AM
Well, that thing only depends to you, exchanging all of your fiat money into bitcoin or any other cryptocurrency has its pros and cons so choose wisely. Just follow the most practical choice.

In my case, I decide to put all of my funds in bitcoin because I'm not expecting major expenses since I'm still a student who obviously depends on my family. In short, all of my bitcoins in my wallet are just my savings intended to use for my wants (but can be also used for unexpected expenses in school if I wanted to). Another reason, I'm confident to put all of my funds into btc because those funds I used are just the rewards I've got from my signature campaigns and never came from my own pocket so I feel no regrets if ever it might gone (but I think it won't for sure).

Everyone has his own point of view, reasons for any behavior and decisions. If you think you should keep some portion of money for emergencies and invest the remaining into Bitcoin it is a wise plan. However I trust Bitcoin blindly and I will not hesitate to invest all of my savings into Bitcoin. Maybe I will go for some Diversification here because this way I can understand the true essence of Bitcoin.
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