Topic: did you place all your funds into bitcoin? - page 4. (Read 123608 times)
No, because if you or I do that it will be more and likely to long term which means if you have an emergency you can't do anything or sell your bitcoin in a low price which means you loose money.
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.. ?
If you believe in bitcoin you can your money on it. Me i always divide my many in bitcoin, ethereum and if i saw a good alts that have potential in the future i put some of my money on that alts.
No i didn't, i always invest what i can bear to lose and everymonth i spare 30% of my wage for bitcoin. I never go all in into something and bitcoin is no different. And i still need fiat to buy neccessities and other thing.
Bitcoin remains to be the King of all coins and this can be true for many years to come. All the rest are just called as alternative coins or altcoins so they are just following the leader. Aside from Bitcoin, I also have my money in Litecoin, Bitconnectcoin, Pesobit and of course in my local currency. We have to put our funds in many baskets so as to minimize the risks involved and who knows one day my altcoins can shoot up to the moon. I feel dismayed that I did not invest in Ethers it is right now revolting in value riding with the rising Bitcoin.
I wouldnt put anymore than 70% of my money into bitcoin. it is still important to diversify into other investments such as stocks and ETFs even though they might not be as profitable or exciting as bitcoin. Putting your eggs in 1 basket puts your risk insanely high especially if you all in on bitcoin.
Yes, I agree that you should not put your money in a coin. Diversification of investment, choice of high-value coin investments, btc, Eth, xrp, ada, lcc, bch, these are good choices, so that we can safely invest in our investment I invested 25% of my savings account for bitcoin. Too risky if have to invest everything, because I do not understand about bitcoin price movements.
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 that's risky. Because there is no such thing as investing but can be risk-free. All investments must have their respective risks depending on how we respond and prevent things we do not want. But if I am private, I have not dared to invest all my money into Bitcoin. Because it is too risky, although I know Bitcoin is very profitable. But I just invested half of it.
if I have enough money I will all of that in bitcoin since bitcoin today is much more profitable than banks and also they are saying that if money place to bitcoin it will become double or triple.
I think it's too risky to put all your money in bitcoin because bitcoin prices keep going down and we do not know what's going to happen in the future, you can even lose your money
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.. ?
If you are interested in Bitcoin and plan to invest with your money, I suggest you spend a small amount of bitcoin.Do not spend all your money on bitcoins.
You must understand bitcoin before buying bitcoin.
You must also be good at controlling market conditions.
If with a small amount of bitcoin you are able to generate profit then you can buy bitcoin again.
I think that it’s how everything works. You must always have a sort of Plan B. But still if you have some extra money and you don’t know what to do with them - buying Bitcoins is a good idea. That’s my opinion, but I don’t mean that’s the only way.
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 not good idea if you put all your money in bitcoin, it's too risky, only 40% I think is better and you can save your money for another. bitcoin have not in good price rightnow, so you have to be carefully when you spend your money in bitcoin.
In my opinion, 50% of your fund is enough to put in bitcoin and 50% is for another investment or for your back up. It's better to to have choices because investing is a totally risky. And i suggest to you if you invest in bitcoin, make sure that you have a target price/profit so that you didn't encounter the panic selling. Atleast you have a goal.
Too risky if you put all your money in one place. if you know about risk management i think you can find out how percentage of your money to invest in one place and for another.
I only put 20% of my assets in bitcoin and 30% in another place, 30% for my savings in my crypto wallets and different assets in bank. 20% for my life.
I only put 20% of my assets in bitcoin and 30% in another place, 30% for my savings in my crypto wallets and different assets in bank. 20% for my life.
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 not good idea if you put all your money in bitcoin, it's too risky, only 40% I think is better and you can save your money for another. bitcoin have not in good price rightnow, so you have to be carefully when you spend your money in bitcoin. 
We know what is the best, we convert on high price, we convert on low price. You can do whatever you can in your own funds, but we know what are the risks in bitcoin. We should analyze our own funds, we should not let our greediness affect our own strategy. We know how volatile the bitcoin is.
This is depend on the what price when buy it, if we buy in the bottom that good idea because BTC is strongest and biggest cryptocurrency. But to have better risk management will be much better to buy minimum 2 different coins, BTC and ETH is good option. In my personal i was put my money in to 10 different coins and i can trade it to get more profit.
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 did not put all my money into Bitcoin. Maybe only part of it, because if all the money I put into Bitcoin. Surely the risk is huge and we could lose all the money we have. Bitcoin is very profitable but behind big profits must have a greater risk. So do not be too obsessed with Bitcoin, because something that is too excessive is not good.
I think the market is recovering :3
Right now about 80% of my portfolio is comprised of Bitcoin and another 10% is Bitcoin Cash. The proportion of Bitcoin has increased during the last 2-3 months, due to the fall in value of some of the altcoins I own.
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