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Topic: did you place all your funds into bitcoin? - page 36. (Read 123635 times)

newbie
Activity: 1
Merit: 0
December 01, 2017, 06:49:01 AM
Bitcoin is good investment but I wouldn't suggest to put all your money into it.
sr. member
Activity: 420
Merit: 256
اللعنة
December 01, 2017, 06:47:11 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.. ?

Well if your strategy is to put all your money in bitcoin that would be fine because that is your choice of investment and it is up to you on how you will manage and take the risk that you are taking. But come to think of it we should not put all in because we need to save atleast for ourdaiky needs.
I think, he's talking about INVESTMENT MONEY. That is already a part of his budget, and there's no need for him to save some for his daily needs if that is the case. Now, putting ALL your money (intended for investment) in one cryptocurrency/altcoin is not a good thing to do. The ideal thing to do is to divide the total into parts and decide how much will he put in this and in that. Investing in 3-4 altcoins is enough, I think, but you should be wise on choosing which altcoins you're going to buy. Although the cheaper altcoins are recommended, you should also consider its other aspects like the market cap and its history.
member
Activity: 75
Merit: 10
December 01, 2017, 06:26:56 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 really think that putting all my funds into investing on bitcoin would be a wise idea. Perhaps the majority of my funds could possibly go to investment, like 75-80% of it. But, not all. I believe that there might come a time where I would need a big amount of money. So, it's good to have some ready for that time or any other certain emergencies.
member
Activity: 70
Merit: 10
December 01, 2017, 04:02:36 AM
I put all in bitconnect
I was concerned I would not put all my money in bitcoin. Yes we are profitable and we know that bitcoin is long. but we are still unsure if it is long term investment. Maybe we can do put some but not all of our money.
member
Activity: 238
Merit: 10
December 01, 2017, 02:02:26 AM
You can better describe your fund. What do you do to pay for the investor and if you lose, do you compensate the investor or not. I am very interested in your project. We look forward to hearing from you.
member
Activity: 308
Merit: 18
December 01, 2017, 01:37:18 AM
I didn't place all my funds in bitcoin but most of it. I have percentage for my funds in other alternate cryptocurrency. In my bitcoin, the investment is for my long term investment while in my other alternate ctryptocurrency is for my short term. It is risky to put your funds in one cryptocurrency you need to have a percentage to put your other funds.
hero member
Activity: 759
Merit: 505
December 01, 2017, 01:20:36 AM
Though bitcoin is a means of making huge profit this days but it will be a stupid and greedy act if ones put all his/her fund into bitcoin simply because you don't put all your eggs in one basket.

Yes never put your all money at a single place as its very risky and no one knows what will be the price of bitcoins in future and how long it will survive and moreover there is also a chance that Government may ban bitcoin in future and if you have put all money in it then you will be loosing everything at once.
hero member
Activity: 2660
Merit: 651
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December 01, 2017, 01:00:48 AM
Though bitcoin is a means of making huge profit this days but it will be a stupid and greedy act if ones put all his/her fund into bitcoin simply because you don't put all your eggs in one basket.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
December 01, 2017, 12:54:02 AM
I think that no good idea because volatility of Bitcoin is high, by maksimum 80% in to Bitcoin is less risk and other 20% again for fiat  for daily needed or other kind of investment like gold.

Still left something on our wallet or bank, it's good to have investment on bitcoin and alts but never put all, we still never know what can happen on the system, don't be too greedy,we should be contented that we have save some and we have investment.
full member
Activity: 420
Merit: 102
December 01, 2017, 12:10:01 AM
I think that no good idea because volatility of Bitcoin is high, by maksimum 80% in to Bitcoin is less risk and other 20% again for fiat  for daily needed or other kind of investment like gold.
full member
Activity: 235
Merit: 250
November 29, 2017, 01:59:45 AM
Yes, If I have fixed income, I will spend 80% my salary to invest in Bitcoin. There is no doubt it continues rise in next time.
member
Activity: 224
Merit: 11
November 29, 2017, 01:49:48 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's up to you . Because me, I put my funds in ethereum also and litecoin , because I do believe they will be the next bitcoin. They are really have the potential to boom.
full member
Activity: 574
Merit: 102
November 29, 2017, 01:47:42 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.. ?
Of course, you can invest in Bitcoin. You will most likely get the benefit.
But I would advise you to invest in several crypto-currencies. For example: Bitcoin and Etherium. Or in a completely different cryptocurrency.
hero member
Activity: 826
Merit: 501
November 29, 2017, 01:35:22 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.. ?
The risk is certainly present, because nobody knows its ultimate price. But all the money I think is stupid, due to what you will live that. So you need to think about investing at least to start a quarter of your money.
full member
Activity: 134
Merit: 100
November 29, 2017, 01:31:02 AM
No,
Never.

Dont put all of your fund in BTC,
you need live,
check other instrument. Invest there too.
full member
Activity: 453
Merit: 104
November 29, 2017, 01:25:30 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.. ?
Its so risky, I suggest you to divide it into two part, its fine to put 50% of your money in bitcoin and the rest in gold or properties. Bitcoin is profitable but it so risky, properties and gold is always profitable  although the increasing value in not as high as bitcoin.
sr. member
Activity: 574
Merit: 250
November 29, 2017, 01:20:50 AM
the bitcoin is too hot now and I don't think it is safe to place all your funds into bitcoin right now, you can get benefits yes, but all traders wait for a dump to cool market .  In cryptoworld, you always risked yourself and money you have invested,there is the one good point : if you lucky eoupgh - the margin is gooood! the benefits you can earn if you put your risk in bitcoin is really worth it. Roll Eyes

Probably we all know that the price of bitcoin is increasing continuously because many people especially investors are putting money to it, but then there are some countries who ban the use of bitcoin because of the usage of some people to illegal activities due to it's anonymity. It might be banned in your country in the future so better if we don't  put all our funds into bitcoin because we might know what will happen next circumstances of it.
hero member
Activity: 2548
Merit: 605
November 29, 2017, 01:04:25 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 and you have to be very carefull
It is wise to invest in an amount that you ready to loose.

Dont put them in Bitcoin,
There are other, split it

Welcome

I guess, that is right, split your saving into other investment. Putting your investment in one place is too risky. To be more safe, done it with 50% or less.
Placing all of the funds in the form of bitcoins is as if you are making the progress in the field of earning quite a stagnant thing. I usually use all of my funds in the form of some business so as to increase the capitals and then feel quite safer to use half of the earned money again in the process and the rest to be saved up besides in the form of bitcoins. This is the best way to ensure both the increment as well as the safety of your private funds.
Why don’t you want to invest into bitcoin right now when it is in the growing stage? Later on, we all know that bitcoin is going to be near 20,000 dollars and above in 2018 and that is not a price which everyone can afford easily.

This is the prefect time for you to get your share in bitcoin if you really have plans of getting involved with bitcoin later on. There are so many methods of gaining information about bitcoin.
full member
Activity: 308
Merit: 100
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November 29, 2017, 12:36:23 AM
Not all because I use it for trading altcoins to maximize the volume of my bitcoin.
full member
Activity: 252
Merit: 102
November 29, 2017, 12:07:51 AM
We can't avoid the risk in investing something but theirs a probability that you can earn huge profit in bitcoin for long term.
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