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Topic: did you place all your funds into bitcoin? - page 47. (Read 123635 times)

sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
November 01, 2017, 11:14:19 AM
I would not recommend that because the price is so expensive. I suggest that you wait a bit until the price goes down then take that opportunity to buy some bitcoins. Do not spend all your funds into bitcoin because it is risky. In other words, make some for some.

I personally have not reached that level yet. But if I am going to do it, I will need to have lots of money up my sleeve because you cannot purchase something when you have nothing. Added to that, I will need to keep an eye on any change of the price.
member
Activity: 322
Merit: 10
November 01, 2017, 10:29:16 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 think risking all your wealth on bitcoins is not a good idea.  Shocked
full member
Activity: 658
Merit: 152
November 01, 2017, 10:27:11 AM
You aren't the first who think about it. I count it as gambling with high risk. Yes, people invest a lot in bitcoin even with those high price as today, but I would not do anything like that ever. But if your balls are strong enough do it  Grin
full member
Activity: 420
Merit: 101
November 01, 2017, 10:23:39 AM
I'm also thinking to put most of my fund in BTC but still prefer to have a safety net just in case something happen. But if you really have a good amount of money to invest in bitcoin, then go ahead.
sr. member
Activity: 350
Merit: 250
November 01, 2017, 10:05:21 AM
nope I actually put it up on wide variety of altcoins that I personally think has a potential , placing all of it on bitcoins was not a good idea for me I could actually triple or double my money within a week on a certain altcoins. I suppose it was not applicable to bitcoins so I tried it on altcoins some works and on some I lost . It was very risky but I think it was worth it considering how big the returns I could probably get from there.
sr. member
Activity: 308
Merit: 250
November 01, 2017, 09:33:52 AM
As I am conversant with the volatile nature of bitcoin so I don't place all my funds into it . Due to it's volatility there is always a fluctuation in it's price .Sometimes it rises and sometimes there is a huge drop in it's price .So investing all your funds into it is always risky. We should invest in Bitcoin smartly as we cant predict that what will happen next in this market.So, I always invest half of my funds into it and keep the rest as my savings which i can use when i need them.
- I agree with you, investing in Bitcoin will also have certain risks, so we should not risk putting all our money into Bitcoin, although I know investing in bitcoin is great, we may regret when we look at the price of bitcoin in the future but we should still think about the worst situation, nothing is absolutely certain, safety is above all
- Invest half and save the remaining half is a reasonable choice, we will still make a profit and still have some money to spend on emergency situations, and still be able to limit the risk. If we have analytical skills and experience in the market, we will be able to make a lot of profit through trading, no need to put all the money into bitcoin, make money is based on the capacity of each person, much money or little money will only partially affect profits
newbie
Activity: 71
Merit: 0
November 01, 2017, 07:58:16 AM
As newcomer in world cryptocurrency. I am just invest about 0.3btc. And that too i use for trading on a popular exchanger used by members here. Maybe when i have really understood situation, I will increase investment up to 3btc.
full member
Activity: 182
Merit: 101
X-Block.io
November 01, 2017, 07:47:09 AM
I placed about half of my savings in to bitcoin, the other half I have available if I need them for some sort of crisis, the problem with investing all your savings is that even if eventually the price will trend upwards, it will have some bad periods and if for some reason you urgently need money at that time you could be forced to sell your bitcoin at a loss.
newbie
Activity: 46
Merit: 0
November 01, 2017, 07:26:20 AM
Yes you could do this, but you should consider about the volitale in Bitcoin, Volitale is the feature helps bitcoin becomes profitable with somes, and a loss with somes. But if you're doing things right. It's really hard to become a loss .
full member
Activity: 336
Merit: 100
November 01, 2017, 07:14:49 AM
I did not, I have savings that I need to keep in case of emergency or to support me if needs be, I have only invested a small amount initially and will potential invest more in the future as and when I have more spare income. It is always sensible to hedge your bets in my opinion and spread your risk.
full member
Activity: 294
Merit: 102
November 01, 2017, 07:10:49 AM
Ofcourse there's a really bigr risk if you're putting all of your money into bitcoin cause no one knows if bitcoin will keep increasing to the upcoming years although you will have a big profit if you put all of your money into bitcoin but i think it's much better to invest to other coins or save some for yourself so if bitcoin crashed you'll have your backup money.
full member
Activity: 280
Merit: 100
November 01, 2017, 07:02:53 AM
Yes, I have put all my savings from  bank to bitcoin. Because i think at that time, no need to doubt the potential bitcoin later. And right, now my investment in bitcoin has grown  more than 1000%  less than 14 months.
legendary
Activity: 1110
Merit: 1000
November 01, 2017, 06:56:58 AM
No, I have divided my investment into all the major options. I have it with Bitcoin, Ethereum, Dash and few others. I have even funds for the upcoming ICOs, as they could be seriously rewarding in time to come, so a lot to gain with very little to lose! DFS is one of the BEST ICOs for me, with having got the free coins. I am also my own investment on the line now with 30% discount, so they are a truly spectacular option to get into.


I think i should save my money into the bank because its worth it compared to saving in a bitcoin. Investing all your money in bitcoins could be a very risky decisions. To sustain our needs in life it should a wiseman at all cause right now bitcoin is still not acceptable all over the world.
I would also prefer to open my bank accounts for my savings maybe a half of my funds and the other half i also prefer to place it in bitcoin. Although investing in bitcoin is risky I am very much willing to take risks for it because I do believe that bitcoin will never failed my expectations. I didn't mean a full expectation, but as a term of expect and trust I have in bitcoin. And also I can say that I am already prepared for my failure, ithink failure is inevitable in trading, in all kinds of trading rather.
copper member
Activity: 672
Merit: 270
November 01, 2017, 06:51:00 AM
I have invested in bitcoin but I do not put it all in. I also invest in altcoin and ICO. Do not put eggs in a basket. Spread the funds into many parts to reduce your risk.
It also means you will put all your money into cryptocurrency but diversified them to different source. It much better to make a plan like half for your saving and then half for investment, it's much better in my opinion rather than not having saving anymore.
It also mean the same thing that you wanted to put all your saving in cryptocurrency but not only in one basket. Well I guess it's a good idea to place a funds of yours in cryptocurreny but not all your funds. And yes it is better than to just put a half of your savings in bitcoin or any kind of digital currency but if i were you I would prefer bitcoin,and a half of your funds is placed in savings where it would supposed you have for your own good and for your family.
sr. member
Activity: 574
Merit: 256
November 01, 2017, 06:44:45 AM
As I am conversant with the volatile nature of bitcoin so I don't place all my funds into it . Due to it's volatility there is always a fluctuation in it's price .Sometimes it rises and sometimes there is a huge drop in it's price .So investing all your funds into it is always risky. We should invest in Bitcoin smartly as we cant predict that what will happen next in this market.So, I always invest half of my funds into it and keep the rest as my savings which i can use when i need them.
sr. member
Activity: 868
Merit: 256
November 01, 2017, 06:32:28 AM
Yes all my fund are in bitcoin and i have not regret it in the last two years. I only take some bitcoin out if there are pressing need i need to attend to.
Everyone has his point of view but there is a famous quotation that “Do not put all your fruits into one basket”. Investing in bitcoin is definitely a very good option but investing everything is not a smart decision. You need to have something in your pocket so that you can use it at the time of need and emergency. You can investup to 70% of all the savings you have into bitcoin. That is more than enough.
In my opinion, 50% is the maximum for Bitcoin, 30% for saving money and 20% for backup money will be better than invest without backup money for emergency situation. Do you want to sell Bitcoin with any price, even low price when you need to have money? Lips sealed

Guys, be a bit conservative. Bitcoin is super speculative investment. As much as I very much believe in it - be ready to lose everything. I don't there is no person ready to lose 50% or 70% of the savings. I would say - 10%, not more
Of course its a big lose when we talked about 50% or 70% of your investments will become nothing. And this loses could be possible here in bitcoin if you didn't how to play the game wisely. I call it game because for me its like a gambling, you didn't know what would be the return of your investment if you didn't have any experience about bitcoin. And if I would asks I wouldn't place all my funds in bitcoin. Maybe I should put at least 10%-20% only. And I think its enough.
sr. member
Activity: 644
Merit: 255
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November 01, 2017, 06:18:38 AM
As we all know all investment has a risk, regardless of how much fund you put into it. But if I were in your place im not investing all my money or fund in bitcoin instead i will placed a minimal amount only. And bigger portion of my fund ill be putting it in more safe investment, which i dont need to monitor closely, lesser risk and worry free.

Placing all the funds in bitcoin take high risk even it will give you more profit when invest it and need more security on it. For me it is better to place a half of the fund for investment and take another half for saving it for the future.
hero member
Activity: 2814
Merit: 526
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November 01, 2017, 06:08:05 AM
I have invested in bitcoin but I do not put it all in. I also invest in altcoin and ICO. Do not put eggs in a basket. Spread the funds into many parts to reduce your risk.
It also means you will put all your money into cryptocurrency but diversified them to different source. It much better to make a plan like half for your saving and then half for investment, it's much better in my opinion rather than not having saving anymore.
full member
Activity: 129
Merit: 100
November 01, 2017, 04:47:41 AM
As we all know all investment has a risk, regardless of how much fund you put into it. But if I were in your place im not investing all my money or fund in bitcoin instead i will placed a minimal amount only. And bigger portion of my fund ill be putting it in more safe investment, which i dont need to monitor closely, lesser risk and worry free.
member
Activity: 67
Merit: 10
November 01, 2017, 02:37:45 AM
I have invested in bitcoin but I do not put it all in. I also invest in altcoin and ICO. Do not put eggs in a basket. Spread the funds into many parts to reduce your risk.
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