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Topic: did you place all your funds into bitcoin? - page 69. (Read 123635 times)

member
Activity: 126
Merit: 10
September 07, 2017, 07:41:07 AM
if you are thinking about it, don't do it.. it means you don't believe in it enough and are therefore more likely to eventually sell too early

if one day you will be convinced of the future of bitcoin, you won't have a second thought about investing everything in it
full member
Activity: 126
Merit: 100
September 07, 2017, 07:24:31 AM
okay all the money you put in bitcoin but the question is with the cost of your own needs or your family needs. it's better to just spend extra money on bitcoin .. just extra money only so you're not going to eat any food you're just selling.
sr. member
Activity: 336
Merit: 250
September 07, 2017, 06:43:53 AM
Gambling everything without anything cleared out for one individual's own particular needs resembles wagering all in a betting game.It is not being dependable as I would like to think in the event that you can put every one of your assets in bitcoin or some other venture.

The main distinction is it will simply bring longer with investments.Never going to do that.If you saw that it would make you rich later on then do however you wanted recall dependably the hazard required on it since we know cost of bitcoin is excessively unstable and possibly some time or another it would crash and make you got broke.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
September 07, 2017, 06:20:52 AM
I rarely put my own money into Bitcoin because It's so hard to find a trusted seller in my country. I usually only collecting bitcoin by doing some freelance job or any kinds of job online that offer bitcoin as the payment.

Don't you have local exchange in your country? If you don't have that exchange then you can just use localbitcoins for your trades so that you can have a trusted transaction. You can also use an escrow service here so that you can have no problems when you want trust and safety.
I think it is advisable for him to secure his bitcoins in cold storage or in legde. Also there are many legit web wallets but make sure you not only use one kind of wallet in securing your bitcoins.
Yeah, do not put all your funds into Bitcoin and store your Bitcoin in one place. I always split my funds (Bitcoin) to many wallets or create new seed in my Electrum wallet if I do not want store my Bitcoin on exchange or online wallet.

I wouldn't store all of my bitcoins in one place. I will spread it with different storage, I'll put some on desktop wallet, paper wallets and trustworthy web wallets. It's an important thing that we hold the private keys so that if something did ever happened on our hardware we can restore it with the use of those private keys or seeds.
sr. member
Activity: 798
Merit: 255
September 07, 2017, 12:21:52 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 good that you ask here first before putting your money because its very risky to invest. Its better if you spread your money for investment. You can invest on bitcoin, monaco, edgeles, and many other successful coins so that if maybe one of them will go down you will not loose all your money that much. But its your decision, still do some research before you put your money. Always remember that if you want a long-term investment always check the longness of that site because I do believe that it is better to invest in the site that have a very strong foundation.
full member
Activity: 477
Merit: 100
September 06, 2017, 11:52:32 PM
crypto world still dangerous now. just put the money you can lost!
May be yes for altcoin but not for bitcoin. Bitcoin market cap is quite high so I think bitcoin investment is still good. I can not put all of my fund in bitcoin because it still not adopted in my country
full member
Activity: 966
Merit: 104
September 06, 2017, 10:57:23 PM
I believe that the best investment is bitcoin. And such an investment will be good in any year - in 2010 or 2017. Of course, absolutely all your money in bitcoin should not be invested, but within reasonable limits. Investing in bitcoin is a profit in the future.
full member
Activity: 196
Merit: 100
September 06, 2017, 10:43:03 PM
crypto world still dangerous now. just put the money you can lost!
hero member
Activity: 2954
Merit: 796
September 06, 2017, 10:27:50 PM
No, i just placed at least 50% of my funds in bitcoin and the remaining 50% in altcoins.

It is may way of playing safe in trading whatever may happen, i will continue to keep on trading.
We should always portion iur funds since there are lot's of possibilities that it may be an advantage or disadvantage. Alts and btc were tends to increase in long term but we should be aware on alts value that sometimes dips too way hard and doesn't recover.
sr. member
Activity: 588
Merit: 251
HELENA
September 06, 2017, 10:07:39 PM
No, i just placed at least 50% of my funds in bitcoin and the remaining 50% in altcoins.

It is may way of playing safe in trading whatever may happen, i will continue to keep on trading.
full member
Activity: 254
Merit: 100
September 06, 2017, 09:58:53 PM
No i didn't , i placed about 80% my fund in cryptocurrency then other 20% for fiat because too risky to put all in Bitcoin. Because i never know what happen with Bitcoin later.
Same here I did not put all my funds in bitcoin too because its too risky and I also need fiat for emergency use and daily expenses. My crypto are for long term investment.
hero member
Activity: 2856
Merit: 667
September 06, 2017, 09:54:17 PM
No i didn't , i placed about 80% my fund in cryptocurrency then other 20% for fiat because too risky to put all in Bitcoin. Because i never know what happen with Bitcoin later.
That's still a high risk, it's 80% and if crypto will fail it will surely gonna affect your financial status in life.
Well, on the other hard if it will continue to succeed you will get a lot of money, it's about taking risk really and we are in charge of our own
decision, we don't get big income if we don't risk big, so maybe the saying is right, "go big or go home". It could be applied in crypto..
full member
Activity: 258
Merit: 100
September 06, 2017, 09:47:05 PM
No.
I dont/didnt.

It is better only a portion of it.
Stay some of it in Fiat or in ETH or in new undervalued like Spectre.
I am avoiding to put all of them in BTC.
JUST DONT.
full member
Activity: 644
Merit: 101
September 06, 2017, 08:01:57 PM
No i didn't , i placed about 80% my fund in cryptocurrency then other 20% for fiat because too risky to put all in Bitcoin. Because i never know what happen with Bitcoin later.
full member
Activity: 172
Merit: 134
Explore Crypto
September 06, 2017, 02:43:22 PM
My portfolio is diversified, but most of it is in XEM... a little bit of bitcoin and few percent in other cryptocurrencies. I think one should invest in cryptocurrency that is advenced in technology. I was never into hos pumps as I tend to gather a lot of info about coin before I invest in it.
hero member
Activity: 882
Merit: 500
September 06, 2017, 02:16:48 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.. ?
NO , we should not put our all the money in the bitcoin or altcoins because of the risk in the demand fluctuations .
Here i means to say that what you will do if the whole market get down for one month, surely you will get disappointed and wil exit from this thing fully .
Here i myself also can't put my all money in the cryptocurrency because it is a big factor that what you have to make a better connection between bitcoin and fiat currency .
Here logically you can think yourself that if all the people will put thier money in the bitcoin then you will see the value of the fiat will go down  .
So instead to put all of your money in the cryptocurrency , we should put in small small amounts , so that we should remain safe from any type market risk and also with small amount of the investment in the cryptocurrency will make us less tension for fluctuations in prices Cool
full member
Activity: 355
Merit: 100
Gric Coin - Redefining Agriculture and Increasing
September 06, 2017, 12:44:21 PM
Bitcoin is good investment but I wouldn't suggest to put all your money into it. I wouldn't suggest puting all your money into anything, not just Bitcoins. Every investment is a risk and there is always the danger of losing money so you have to invest with care and you always have to have some back up. Don't ever invest more then you can afford to lose.
Even though bitcoin could offer people an opportunity to earn. It is not a good thing to go all in a specific investment. It could be better if you would have an option for you to have an opportunity to earn more and to have a partial profit on every type or way you would take to earn bitcoin
legendary
Activity: 1148
Merit: 1006
September 06, 2017, 10:46:35 AM
No, I didn't and I don't have such intentions. I find bitcoin the best possible investment at the moment but still puting all money into it would be to big risk. I invest extra money that I don't need but the funds are diversifed and not all my savings are in bitcoins. You always have to protect yourself from losses and have multiple options.
Bitcoin is just one opportunity to make money with our extra money. but putting all our money in this coin is not safe. It is a big risk. Suppsoe if we put all our money in bitcoin and suddenly priced dropped it may effect to our lives also some lose heart people will get heart attack to see the price drop. That much price variations we see in bitcoins.
full member
Activity: 219
Merit: 100
September 06, 2017, 09:47:21 AM
No I wouldn't do that. You never know what happens with the bitcoin, you could lose it all.
hero member
Activity: 658
Merit: 505
September 06, 2017, 09:45:49 AM
No, I didn't and I don't have such intentions. I find bitcoin the best possible investment at the moment but still puting all money into it would be to big risk. I invest extra money that I don't need but the funds are diversifed and not all my savings are in bitcoins. You always have to protect yourself from losses and have multiple options.
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