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Topic: did you place all your funds into bitcoin? - page 59. (Read 123635 times)

sr. member
Activity: 714
Merit: 251
50% from my savings in bank, I switched into bitcoin. because, i was attracted by friend who found very good investment growth from bitcoin. In fact, better than investing in property.
If you mean real estate, then I think that this is a good investment and if the way to earn money is Bitcoin, then Tandem earning investment will be very good.
full member
Activity: 512
Merit: 101
Yes, and I'm immune to all the market scares, FUD, non optimal hard forks, etc.... so not selling anytime soon.
sr. member
Activity: 2170
Merit: 254
Only invest in something such as bitcoin with money you are willing to loose, I would never place all my funds in bitcoin or any other investment.
Furthermore diversifying your portfolio is always a good thing
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
No, I don't place all my funds into Bitcoin, this is a risky decision despite Bitcoin is the best and the more valuable crypto currency nowadays. It is always better and safest to diversify our investments in many promising and stable crypto currencies like ETH, LTC..
I am investing in Ethereum and some ICO projects in addition with my investment in Bitcoin.
The trader of the cryptocurrency market must to invest into Bitcoin and other cryptocurrency, you have to remember no crypto is the King forever. It depends on every cycle and the scenario of the whales.
legendary
Activity: 1386
Merit: 1001
No, I don't place all my funds into Bitcoin, this is a risky decision despite Bitcoin is the best and the more valuable crypto currency nowadays. It is always better and safest to diversify our investments in many promising and stable crypto currencies like ETH, LTC..
I am investing in Ethereum and some ICO projects in addition with my investment in Bitcoin.
full member
Activity: 189
Merit: 100
Putting all your funds in bitcoin is a big no-no. Maybe you can just put a portion of what you can afford. putting it in some promising altcoins is also a good idea not just in bitcoin. You can trade or you can hold some of it.
full member
Activity: 336
Merit: 100
I placed all my spare money in to bitcoin but it is not a lot and it is money that I will be able to survive without. Do not risk your life savings on bitcoin because you may regret it.
sr. member
Activity: 616
Merit: 250
"Do not put your egg in one bucket" that was my friend said when i have enough money then i don't know what should i do with that except spend it all. then i choose gold it's profitable but need a long time to get it, and i know bitcoin, should i invest all ? then my friend say don't do will all your money, slow but sure, but in fast way we don't know what will happen tomorrow. That all means choose over than one way how to invest. High Risk High Profit
full member
Activity: 476
Merit: 100
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 course not...Why would I invest all of my funds in one coin? That's the exact opposite of being smart. Never place all of your eggs or tomatoes in one basket! Classic, but definitely true!
full member
Activity: 434
Merit: 103
Investing everything you have in to anything is not wise, don't put all your eggs in one basket. Personally I have only about 5% currently invested in crypto but it'll probably grow to about 30% in the future.
hero member
Activity: 3080
Merit: 603
A good businessman does not put all his funds into an investment and that apply to all investments, not only bitcoin. I wouldn't advise you to put all your eggs in one basket so as not to suffer loss in the future. My advice for you is to invest a certain percentage of your income and put the rest to savings.

It's just a matter of belief, don't literally say that a "good" businessman will not put all of his funds into a single investment. What if he is really believing into that investment and he's sure that one day there will be a big progress and movement for his investment? Just like those people that are CEO's now, they dedicated most of their time and money into a single project and now they are billionaires. And I regret that I didn't put all of my funds in bitcoin before.
sr. member
Activity: 560
Merit: 257
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.. ?
There is always a risk with things like Bitcoin, but so far people has always ended up with earning money... if they played it right. But to be honest i am not sure if you should put all your money into Bitcoin. Trading Bitcoin or just holding it, it is a good way of earning money easily. So you need to ask your self this first: Do you need that money for something important at the moment? If you need it for something else, than do not invest it all in Bitcoin. Systematically deal with problems so that you do not make new ones. Think carefully and research market before anything, that way you will minimize the risk.
member
Activity: 96
Merit: 15
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.. ?

What i can say you should not put all your money in bitcoin it is still important that you have cash on hand so that if you need something to buy for your family you can withdraw it anytime. Bitcoin is a good investment but you should invest as well to other type of investment because we do not know until when the bitcoin will going to have a good value.
full member
Activity: 366
Merit: 100
No, I put all of them in different altcoins. Just waiting on bitcoins to rise makes me impatient so diversifying it into many tokens will give me more profit. There's a lot of altcoins pumping dramatically everyday so I don't want to miss those chances to gain more.
Diversifying the investment is a better way to be on the safer side. Can have a little increased percentage allocated for bitcoin and less for other altcoins. Such a diversified plan will lets us to be on the safer side even when the price drops low or pumps higher.
full member
Activity: 322
Merit: 100
NEVER put all of your eggs in one basket.
sr. member
Activity: 1792
Merit: 264
Not all that is just a few percent of my income to be a bitcoin and partly I try to set aside funds for other types of altcoin. I think if put all my money into the form of bitcoin or other types of altcoin certainly can be very risky, be it we can lose all money that we have or even the opposite, our money can be increased.
as I know so far, if putting all our money into a digital currency certainly has a very high risk.
hero member
Activity: 1386
Merit: 504
If you ask me, if i would invest on bitcoin, i would not doubt and tell you yes. But in my opinion the market is too volatile right now, so putting everything, including your savings is not so wise. My advice is, invest the money that you don't really need and you are not scared to lose, thats my only advice. I hope it helps you, good luck with your investments! Grin
That's a good one and if you invest all your funds there is a so much big risk on it. A good reason and ofcourse money to left in your savings account than storing all of your money in a single bitcoin or altcoin wallet.
full member
Activity: 420
Merit: 100
If you ask me, if i would invest on bitcoin, i would not doubt and tell you yes. But in my opinion the market is too volatile right now, so putting everything, including your savings is not so wise. My advice is, invest the money that you don't really need and you are not scared to lose, thats my only advice. I hope it helps you, good luck with your investments! Grin
full member
Activity: 476
Merit: 100
No, I put all of them in different altcoins. Just waiting on bitcoins to rise makes me impatient so diversifying it into many tokens will give me more profit. There's a lot of altcoins pumping dramatically everyday so I don't want to miss those chances to gain more.
full member
Activity: 364
Merit: 107
If you mean your investment money then it is okay but it is risky. Diversify, there are other coins that are also stable like ethereum, litecoin etc.  Also there are coins that are new but has  great potential in the future. Reasearch first before putting your money in this coins.

But if you mean ALL your money then it is a bad idea you still have expenses and companies still do not accept bitcoin as a payment.
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