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Topic: did you place all your funds into bitcoin? - page 70. (Read 123635 times)

full member
Activity: 2548
Merit: 217
September 06, 2017, 09:40:01 AM
Why would you do that? Then, there would be nothing to be spent by you.
Just invest those you think you can afford and have something left for yourself and for emergency purposes. That is not how investing should be. It is suicide. Actually this is a dumb question but I think you need some light.
First I meant most ..
second.. it is profitable.. and I am just asking.. I thought that people grow their bitcoin real.. fast isn't they?
yes correct you need left for yourself how about your daily expenses if you invest all of your asset in the trading, and also you need to get more skills in the trading how become profitable your investment, study and research is the way to avoid risk of your investment.
sr. member
Activity: 322
Merit: 253
September 06, 2017, 09:32:57 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.. ?

All? That's would be not just risky but suicidal in my term. It's senselessly unpractical and unprofessional to put even your life saving into bitcoin even if uncertainty and volatility of its prices is unstable. Don't ever do that because you will not forgiven yourself if things go wrong. Save some and invest some. 50/50 is better.
sr. member
Activity: 392
Merit: 250
September 06, 2017, 09:30:39 AM
No, I just put some money into bitcoin so far. I am learning and trying to trade alt coin at the time of using that money. Maybe later after I was confident enough I would put more money into it.
Yeah with the rate of bitcoin today I think to buy bitcoin is not a good idea, unless you want to hold them for a long term
You are right mate,, if we want to invest our money in bitcoin we have to wait for the bitcoin price to drop from the current price because currently the bitcoin price is still the highest,,
full member
Activity: 476
Merit: 100
September 06, 2017, 09:26:58 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 all of your money is just a small amount of funds go on what you think is right. If you can make it grow in your own methods here by getting profit of bitcoin do it now. But if really have a huge amount of money in the bank or what it will be very risky if you do it. Because bitcoin is not that powerful as dollar does. Maybe you can put some of your money into bitcoin but don't put it all.
sr. member
Activity: 413
Merit: 250
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September 06, 2017, 08:47:00 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 might be good in some ways if you're lucky but I think that's a very bad move. Putting all your money into something that changes anytime is a bad thing to do. It is very risky. I suggest that you should invest a percentage of that money and take profit from it. Start by buying coins and try to hold or sell and from that, you'll earn a good sum of money if you do it the right way. Try learning from different old threads in this forum.
member
Activity: 64
Merit: 10
September 06, 2017, 07:17:37 AM
NO 80% of it only

30% for btc
full member
Activity: 1134
Merit: 102
September 06, 2017, 06:58:35 AM
I think it is not a good idea to keep all investment in Bitcoin. Off course Bitcoin price is increasing but at the same time, we have to face challenges when the price of Bitcoin is decreasing. We need to divert our money in different other coins which will give you good income in future after Bitcoin.
full member
Activity: 126
Merit: 100
September 06, 2017, 06:44:50 AM
No, I just put some money into bitcoin so far. I am learning and trying to trade alt coin at the time of using that money. Maybe later after I was confident enough I would put more money into it.
Yeah with the rate of bitcoin today I think to buy bitcoin is not a good idea, unless you want to hold them for a long term
member
Activity: 91
Merit: 10
September 06, 2017, 06:36:57 AM
No, I just put some money into bitcoin so far. I am learning and trying to trade alt coin at the time of using that money. Maybe later after I was confident enough I would put more money into it.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
September 06, 2017, 06:20:29 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.
full member
Activity: 658
Merit: 103
September 06, 2017, 06:05:36 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 a good way to make money. Bitcoin is really profitable if we invest all of our money for sure we can earn big profits. Bitcoin investment is less risky than altcoins investments. It is really good way to grow our money.
newbie
Activity: 14
Merit: 0
September 06, 2017, 06:03:14 AM
It is best to invest money. In any case, to keep everything in one currency is not considered appropriate. Diversification.
hero member
Activity: 644
Merit: 500
September 06, 2017, 06:00:34 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.. ?
That’s the last thing I would do, even a mad man won’t try it. How would you put all of your funds into bitcoin, you’re going to screw yourself if anything goes wrong, putting all your funds in bitcoin, is like putting all your eggs in one basket, if the basket falls you’re broke for life
I have my money from the last one and half year in Bitcoin and in that long period nothing wrong happened to my money and the same experience is with thousands of users of Bitcoin and they are now much happy as I am now because in that period the price of Bitcoin increased too much and we earned a lot. That is why I will say it is not wrong to put all of your money in Bitcoin.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
September 06, 2017, 05:43:39 AM
every decision must be full of risks. it means like this if you want to get the results there is a risk. but just a little advice you want to add your money by way of investing with bitcoin save your money in the form of bitcoin it is the right decision. if you store in auto bitcoin in a few years your money will increase. but all decisions in your hands are all full of risks.
Yes every decision is a full of risk because sometimes it can cause us profit but sometimes loses that may become lead us to continue or stop bitcoin. It is good that we have an enough knowledge for the opportunity that we are wanted to do because we are know the result and become satisfied on what it may become in the future.
full member
Activity: 491
Merit: 105
September 06, 2017, 05:32:08 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, no , no I would only do that if I am mad, in my investing journey in life, one thing that I have learnt and that has kept me through the time of market crashes has been that diversifying investment portfolios can save your life and business
sr. member
Activity: 1358
Merit: 259
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September 06, 2017, 02:55:12 AM
every decision must be full of risks. it means like this if you want to get the results there is a risk. but just a little advice you want to add your money by way of investing with bitcoin save your money in the form of bitcoin it is the right decision. if you store in auto bitcoin in a few years your money will increase. but all decisions in your hands are all full of risks.
sr. member
Activity: 503
Merit: 250
September 06, 2017, 02:45:08 AM
I do not think this yet putting my all funds in online as investment, i do not want to put all my fund at risk that is why much higher percentage of my fund is on the bank than investment in some investment company and sites, here in bitcoin i only put 2% of my salary as my investment and do trading method which i know how to do proper trading.
We should not fully put all our savings in btc since btc is still hard to access to buy our personal use , so better still have some left in our pocket and only put amounts we wanted to save.
full member
Activity: 224
Merit: 121
September 06, 2017, 02:28:18 AM
I do not think this yet putting my all funds in online as investment, i do not want to put all my fund at risk that is why much higher percentage of my fund is on the bank than investment in some investment company and sites, here in bitcoin i only put 2% of my salary as my investment and do trading method which i know how to do proper trading.
full member
Activity: 386
Merit: 100
September 06, 2017, 02:23:34 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.. ?
That’s the last thing I would do, even a mad man won’t try it. How would you put all of your funds into bitcoin, you’re going to screw yourself if anything goes wrong, putting all your funds in bitcoin, is like putting all your eggs in one basket, if the basket falls you’re broke for life
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
September 05, 2017, 05:32:30 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.

And try to make sure about the right URL as there are so many hackers and phishers that are trying to take the advantage and riding the hype of bitcoin's pump. Since he was here in forum already for sure his going to push his crypto / bitcoin career. It maybe hard to fund trusted seller in his country but in reality he can do a lot of ways for his own purpose.
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