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Topic: did you place all your funds into bitcoin? - page 67. (Read 123635 times)

newbie
Activity: 42
Merit: 0
September 12, 2017, 07:56:29 AM
No, I'm not insane yet. Putting everything in Bitcoin means you are not protected in case something happens to Bitcoin. Always diversify your portfolio
newbie
Activity: 49
Merit: 0
September 12, 2017, 07:19:02 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 it is too much risky to put all your eggs in one basket as in case of a downfall or maybe a ban on bitcoin then you will loose all your money invested in bitcoins and thus your savings of lifetime, you must diversify so as to take less risks.

Bitcoin has great future and we all know that. We also know that someday price of bitcoin will reached so high that we can't imagined.

But even with that expectation, it's not good to me to put all my funds to bitcoin since we need time before we can make profit out of it. How will I support my daily lives if I have no funds left. I will choose to diversify my funds rather than giving it on a single bag.
newbie
Activity: 30
Merit: 0
September 12, 2017, 07:14:38 AM
It is very promising to keep their money in bitcoin. But you need balls!
legendary
Activity: 988
Merit: 1000
September 12, 2017, 04:47:17 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 it is too much risky to put all your eggs in one basket as in case of a downfall or maybe a ban on bitcoin then you will loose all your money invested in bitcoins and thus your savings of lifetime, you must diversify so as to take less risks.
full member
Activity: 247
Merit: 100
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September 12, 2017, 04:39:47 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.. ?

Don't put all your money in investment. You know it's too risky. All investment has its own risk.  Invest only what you can afford to lose. Its ok to invest, but don't forget to set aside for emergency or for your needs. You know you can't just withdraw your investment anytime because its price is fluctuating.
member
Activity: 87
Merit: 10
September 12, 2017, 03:30:40 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.. ?

You should not put all your funds in one basket think a lot of times before investing. Bitcoin is a good investment but what if it falls? It is hard to predict the stability of bitcoin. Its up to you if you will invest all your funds and be ready to take the risk.
sr. member
Activity: 594
Merit: 250
September 12, 2017, 03:22:01 AM
I did not put all my balance in bitcoin i'm just afraid that i will lose some portion of it. You know every investment is risky that's why i always spread all my funds in different coins not only in bitcoin but majority of my funds are in bitcoin. I just spread some of it to different investment that i think will increase the price in the future. 
sr. member
Activity: 644
Merit: 255
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September 12, 2017, 01:27:35 AM
I think you should not invest all their funds in bitcoin. Put some of the money they will start to make a profit. What you earn can also be put in the work.
You have a point, but you can't become rich easy if you put in the work or business. For me much better to divide you money in starting a new business that are demands and can get easily earn a profit. The rest can be use in investing to bitcoin cause it is proven and a power to give a lot of profit if you wait many years. This is because if you observe the price on the past years of bitcoin it has a big difference were they give a lot of profit especially in the future.
hero member
Activity: 910
Merit: 501
September 12, 2017, 01:22:32 AM
Bitcoin is still a risky business, so only a small part of my investments are really there.
Investment needs a balance between the risky things that can be very profitable and the reliable things that will not lose value.
Putting everything on just one card, especially if it's the risky one, that does not strike me as a very good idea.
copper member
Activity: 490
Merit: 105
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September 12, 2017, 01:11:54 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.. ?

No its not wise decision to put all your money in bitcoin.Remember the two big universal rules, "DONT PUT ALL YOUR EGGS IN ONE BASKET" and " INVEST ONLY THAT MUCH WHICH YOU CAN AFFORD TO LOOSE". this type of questions shows that there is some lack of experience and knowledge inside yourself. i would recommend you to go for gaining knowledge and skills and then try to go for investing or trading.Do not Straight away go for trading, it can incur a heavy loss and bitcoin is too volatile for you to place your all funds into it. Shocked
full member
Activity: 434
Merit: 100
September 11, 2017, 11:59:17 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.. ?

At first yes, when I'm just starting in this kind of business, I put all my money on bitcoins. After that, when I already gain money through it I learned to diverse all of it and send it into different altcoins which I know thay will be successful in the future and will assure my profit. And everytime I gain profit, 10 to 20 percent of it I will convert into fiat and save on my bank account in order to have a lot of saving incase that something happens to cryptos. It is better be ready than never.
full member
Activity: 854
Merit: 140
September 11, 2017, 01:57:56 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.. ?
If you do that, then i think you better put that hard earned money into gambling table. Its not a good idea to put both feet at the river. Even though bitcoin has become a booming recently, doesnt mean you fully accept it. Things could go bad at trading in one night. If you're putting all your money into some good business supported by yourself just like Elon Musk, then it would be a different case, but if you're putting all your money in bitcoin hoping that it will go well, then you must have a backup plan in case things go worst.
full member
Activity: 616
Merit: 100
https://exip.live/
September 11, 2017, 01:37:14 AM
No good idea to put all money in Bitcoin because invest in Bitcoin actually high risk investment and  so high fluktuasion, we dont know what will happen with Bitcoin later. So in my portfolio i put 50% in Bitcoin 20% gold and other 30% fiat. I think we need to keep fiat because when the price of Bitcoin fall and we need money in urgent so we can withdraw it
sr. member
Activity: 784
Merit: 250
September 11, 2017, 12:45:11 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.. ?


It is unwise to put your all saving in bitcoin without considering the risk. We dont really know what is the future of bitcoins and other altcoins are, like the huge China is banned the bitcoin and even ICO. By this events alone, the increasing value of bitcoin is delayed because huge chinese bitcoiners as mandated by their government they should stop trading in bitcoin at once. Except if you could see the future that bitcoin will be forever then go on.

Yes investing all money only in bitcoins can be a huge risk as the future of bitcoin is unpredictable and we don't know where bitcoin will land in future so its better to invest your money in different products so even if bitcoin disappears in future you still have a chance of making profits from the other investments.
MiF
sr. member
Activity: 1442
Merit: 258
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September 10, 2017, 05:09:37 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.. ?


It is unwise to put your all saving in bitcoin without considering the risk. We dont really know what is the future of bitcoins and other altcoins are, like the huge China is banned the bitcoin and even ICO. By this events alone, the increasing value of bitcoin is delayed because huge chinese bitcoiners as mandated by their government they should stop trading in bitcoin at once. Except if you could see the future that bitcoin will be forever then go on.
sr. member
Activity: 420
Merit: 250
September 10, 2017, 04:33:48 PM
No, I have not put all my funds in bitcoins as it will be huge risk if bitcoins price falls in future or it gets disappear so investing money at multiple places is always an good choice so that even if one investment fails you can recover your loss from the other investments and for the same reason I have invested in different altcoins which has good volume and has potential to grow in future.
full member
Activity: 394
Merit: 100
September 10, 2017, 03:14:12 PM
Yes, when I started to earn bitcoins I invested all my savings. And have not regretted. Now I not bad earn on it.
hero member
Activity: 2968
Merit: 687
September 10, 2017, 02:11:03 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.. ?

I did not place all my funds to bitcoin I had invested it in different currencies because i believe that it is hard to put your money in one boat we never know when are we going to earn or loose. It is up to you if you will put all your money to bitcoin is just that it is too risky.

its better if we can diversified our money into many investment currencies because i think every coins have their chance to be increase in future and as long as we are right to choose the coins, we can make a lot of money in future if we plan for long term. but if we are only use for short term, then i think we need to be more selective to choose the coins because its only for small list coins that have chances.
Same here, I'd rather be thrifty now tgat spending a lpt today and regret at the end. Im into saving at this moment that spending. Crypto have a bright future and us who jave the chance to make it more better must work and save now.
Saving more bitcoin is always be a good move for you to make seeing on its potential price in the future even on altcoin too Im holding some of it which i do see some potential.It might not be a guarantee but somehow a good investment since i didnt use any money from my wallet on those coins but just purely do some task in able to earn some altcoin then hold up for long term.Hoping for it to give me good profits in future.
full member
Activity: 350
Merit: 100
September 10, 2017, 12:35:34 PM
I think you should not invest all their funds in bitcoin. Put some of the money they will start to make a profit. What you earn can also be put in the work.
hero member
Activity: 1610
Merit: 507
September 09, 2017, 10:27:38 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.. ?

I did not place all my funds to bitcoin I had invested it in different currencies because i believe that it is hard to put your money in one boat we never know when are we going to earn or loose. It is up to you if you will put all your money to bitcoin is just that it is too risky.

its better if we can diversified our money into many investment currencies because i think every coins have their chance to be increase in future and as long as we are right to choose the coins, we can make a lot of money in future if we plan for long term. but if we are only use for short term, then i think we need to be more selective to choose the coins because its only for small list coins that have chances.
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