did you place all your funds into bitcoin? - page 71.

dieselmeister

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Quote from: passwordnow on August 31, 2017, 09:22:52 AM

Quote from: walterz on August 31, 2017, 09:08:12 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.

oh.

I miss btc-e. When btc-e still live I can withdraw to fiat ez without contact any local trader

--DarkSecrets--

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Quote from: passwordnow on August 31, 2017, 09:22:52 AM

Quote from: walterz on August 31, 2017, 09:08:12 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.

passwordnow

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Quote from: walterz on August 31, 2017, 09:08:12 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.

malavita

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Quote from: davids on August 31, 2017, 08:37:37 AM

too risky to put all the money in one investment product. if investment decreases then you have no reserve to cover the loss. The more you diversify then you profit making chances are good and you should invest only in good businesses.

dont put all egg into one basket Cheesy

right dont remember this sentence much Tongue

walterz

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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.

davids

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too risky to put all the money in one investment product. if investment decreases then you have no reserve to cover the loss. The more you diversify then you profit making chances are good and you should invest only in good businesses.

--DarkSecrets--

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Quote from: Ronaldcoin2017 on August 31, 2017, 07:25:03 AM

Quote from: Twinscoin2017 on August 31, 2017, 07:18:22 AM

Quote from: Sled on August 31, 2017, 06:24:16 AM

Quote from: djgtr on August 31, 2017, 06:08:39 AM

Quote from: maokoto on August 31, 2017, 05:40:58 AM

It is not reliable to invest all your funds in something that is so risky and volatile. Even if it only goes up, the mentality of "I will risk all" will likely prevail and you will not profit (i.e. use the money you earn).

Being a little more balanced is better.

yes i agree i think it is too risky if all of our funds will place into bitcoin.it is not advisable.maybe we can put halfway of our funds and save the other half.because every crazy little thing in this world is not predictable anything may change.

If you want to be safe in investment then you should put your money in different kind of good cryptocurrencies that are good for long term aside from bitcoin and because of that, you don't need to put all your funds in bitcoin because you will put it in different types of cryptocurrencies and you will have a different possible sources of income aside from bitcoin so the risk is very low for you.

yes i agree on that .putting funds in a diff. Kinds of cryptocurrencies is safetiest way of than puting it in one kind of cruptocurrencies.i think we should only used half of our funds in bitcoin and the other half is to another kinds of currencies.

yes i agree.it is verry safe to put our funds in two kinds of cryptocurrencies than putting it only in btc.because nobody knows there are another coins that is rising and become more valuable than btc.it is really posible.

Two kinds of altcoins or crypto is not enough and it is still too risky because we don't know that if the coin you choose have a good future and if it is good altcoins it is much better if not its better to divide you money as many good top coins as you can.

Ronaldcoin2017

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Quote from: Twinscoin2017 on August 31, 2017, 07:18:22 AM

Quote from: Sled on August 31, 2017, 06:24:16 AM

Quote from: djgtr on August 31, 2017, 06:08:39 AM

Quote from: maokoto on August 31, 2017, 05:40:58 AM

It is not reliable to invest all your funds in something that is so risky and volatile. Even if it only goes up, the mentality of "I will risk all" will likely prevail and you will not profit (i.e. use the money you earn).

Being a little more balanced is better.

yes i agree i think it is too risky if all of our funds will place into bitcoin.it is not advisable.maybe we can put halfway of our funds and save the other half.because every crazy little thing in this world is not predictable anything may change.

If you want to be safe in investment then you should put your money in different kind of good cryptocurrencies that are good for long term aside from bitcoin and because of that, you don't need to put all your funds in bitcoin because you will put it in different types of cryptocurrencies and you will have a different possible sources of income aside from bitcoin so the risk is very low for you.

yes i agree on that .putting funds in a diff. Kinds of cryptocurrencies is safetiest way of than puting it in one kind of cruptocurrencies.i think we should only used half of our funds in bitcoin and the other half is to another kinds of currencies.

yes i agree.it is verry safe to put our funds in two kinds of cryptocurrencies than putting it only in btc.because nobody knows there are another coins that is rising and become more valuable than btc.it is really posible.

Twinscoin2017

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Quote from: Sled on August 31, 2017, 06:24:16 AM

Quote from: djgtr on August 31, 2017, 06:08:39 AM

Quote from: maokoto on August 31, 2017, 05:40:58 AM

It is not reliable to invest all your funds in something that is so risky and volatile. Even if it only goes up, the mentality of "I will risk all" will likely prevail and you will not profit (i.e. use the money you earn).

Being a little more balanced is better.

yes i agree i think it is too risky if all of our funds will place into bitcoin.it is not advisable.maybe we can put halfway of our funds and save the other half.because every crazy little thing in this world is not predictable anything may change.

If you want to be safe in investment then you should put your money in different kind of good cryptocurrencies that are good for long term aside from bitcoin and because of that, you don't need to put all your funds in bitcoin because you will put it in different types of cryptocurrencies and you will have a different possible sources of income aside from bitcoin so the risk is very low for you.

yes i agree on that .putting funds in a diff. Kinds of cryptocurrencies is safetiest way of than puting it in one kind of cruptocurrencies.i think we should only used half of our funds in bitcoin and the other half is to another kinds of currencies.

Sled

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Quote from: djgtr on August 31, 2017, 06:08:39 AM

Quote from: maokoto on August 31, 2017, 05:40:58 AM

It is not reliable to invest all your funds in something that is so risky and volatile. Even if it only goes up, the mentality of "I will risk all" will likely prevail and you will not profit (i.e. use the money you earn).

Being a little more balanced is better.

yes i agree i think it is too risky if all of our funds will place into bitcoin.it is not advisable.maybe we can put halfway of our funds and save the other half.because every crazy little thing in this world is not predictable anything may change.

If you want to be safe in investment then you should put your money in different kind of good cryptocurrencies that are good for long term aside from bitcoin and because of that, you don't need to put all your funds in bitcoin because you will put it in different types of cryptocurrencies and you will have a different possible sources of income aside from bitcoin so the risk is very low for you.

djgtr

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Quote from: maokoto on August 31, 2017, 05:40:58 AM

It is not reliable to invest all your funds in something that is so risky and volatile. Even if it only goes up, the mentality of "I will risk all" will likely prevail and you will not profit (i.e. use the money you earn).

Being a little more balanced is better.

yes i agree i think it is too risky if all of our funds will place into bitcoin.it is not advisable.maybe we can put halfway of our funds and save the other half.because every crazy little thing in this world is not predictable anything may change.

maokoto

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It is not reliable to invest all your funds in something that is so risky and volatile. Even if it only goes up, the mentality of "I will risk all" will likely prevail and you will not profit (i.e. use the money you earn).

Being a little more balanced is better.

Smarty14392

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Quote from: whaawh on August 30, 2017, 01:33:21 PM

Quote from: Cormoran on August 30, 2017, 01:14:24 PM

It's just foolish to place too much faith in any speculative investment; buying bitcoin directly is a one-trick pony, if it doesn't increase in value it's got nothing. 58% of my investments are in fixed income, mostly providing credit at a few percentage points above the prime rate; 30% in equity, 10% in bonds, and I invested 2% in bitcoin. It worked out well since I invested just before August when the value was plummeting to $1600 - I caught it at $2k and have already sold enough of it to recoup my initial investment. If bitcoin soars as people expect, I'll be a little bit wealthier; if it's a bubble that pops, I won't lose a cent.

I may take one of my remaining bitcoins and buy a few ASIC miners with it though. At current prices, it's a no-brainer to buy 3 S9s for 1 bitcoin and then mine 3-4 bitcoins with them in the next year, though of course 1 more of those would have to be sold to pay for power costs.

The fact is that in part you are right. I would like to save today how many coins for the future, but everything else is Trade and exchange for real money. I want to protect myself from many risks that may be associated with crypto currency.

Well you are right. At present you cannot risk of placing all your funds for BTC. Even though BTC is very much profitable, but even then you cannot rely on BTC only to fulfil your present needs at present. But if the time comes when BTC will be used everywhere then you can do it for sure.

Kocret02

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No, the collected funds in bitcoin are only 20% of the profit. so even in bitcoin there are funds but still have little reserve in the form of money.
I will only put the overall funds when will do trading, the rest only partially.

ssuchy

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Quote from: miguelmorales85 on August 30, 2017, 03:29:07 PM

Quote from: pop323 on March 12, 2017, 01:41:16 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.. ?

my advise is to save something dedicated to long term savings and buy Bitcoins, remember to buy an amount you are not willing to spend in the next 3 years (at least)

It seems to me that unambiguously to save all my money in bitcoin will be dangerous. Nobody knows 100% confidence in the future of the crypto currency. Therefore, just some part needs to be kept in bitcoin, and everything else is alternative investments, including Fiat.

miguelmorales85

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Quote from: pop323 on March 12, 2017, 01:41:16 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.. ?

my advise is to save something dedicated to long term savings and buy Bitcoins, remember to buy an amount you are not willing to spend in the next 3 years (at least)

pisston

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Quote from: Cormoran on August 30, 2017, 01:14:24 PM

It's just foolish to place too much faith in any speculative investment; buying bitcoin directly is a one-trick pony, if it doesn't increase in value it's got nothing. 58% of my investments are in fixed income, mostly providing credit at a few percentage points above the prime rate; 30% in equity, 10% in bonds, and I invested 2% in bitcoin. It worked out well since I invested just before August when the value was plummeting to $1600 - I caught it at $2k and have already sold enough of it to recoup my initial investment. If bitcoin soars as people expect, I'll be a little bit wealthier; if it's a bubble that pops, I won't lose a cent.

I may take one of my remaining bitcoins and buy a few ASIC miners with it though. At current prices, it's a no-brainer to buy 3 S9s for 1 bitcoin and then mine 3-4 bitcoins with them in the next year, though of course 1 more of those would have to be sold to pay for power costs.

Judging by the forecasts made by many experts regarding the future price of Bitcoin, then it is possible to save only a few coins for these prospects, And now the rest is working for today, or investments or trade, in order to earn more on the difference in price. Perhaps you can keep Bitcoin money, but it seems to me that some altcoyins are still more profitable for today.

yudkowske

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Quote from: Harriti on August 30, 2017, 02:18:43 PM

Quote from: whaawh on August 30, 2017, 01:33:21 PM

Quote from: Cormoran on August 30, 2017, 01:14:24 PM

It's just foolish to place too much faith in any speculative investment; buying bitcoin directly is a one-trick pony, if it doesn't increase in value it's got nothing. 58% of my investments are in fixed income, mostly providing credit at a few percentage points above the prime rate; 30% in equity, 10% in bonds, and I invested 2% in bitcoin. It worked out well since I invested just before August when the value was plummeting to $1600 - I caught it at $2k and have already sold enough of it to recoup my initial investment. If bitcoin soars as people expect, I'll be a little bit wealthier; if it's a bubble that pops, I won't lose a cent.

I may take one of my remaining bitcoins and buy a few ASIC miners with it though. At current prices, it's a no-brainer to buy 3 S9s for 1 bitcoin and then mine 3-4 bitcoins with them in the next year, though of course 1 more of those would have to be sold to pay for power costs.

The fact is that in part you are right. I would like to save today how many coins for the future, but everything else is Trade and exchange for real money. I want to protect myself from many risks that may be associated with crypto currency.

In my opinion, you can try change your thought about crypto market, think it is real money just make your emotion getting worse because when trading we need make our spirit feel comfortable. Therefore, change your thought as my said very important.

Bitcoin is a beta-version-money.
Unfortunately, at least now you can't use it comfortably and you will have hard time convincing new people to start using it as well. It's only popular amongst those who are interested in investment.

Harriti

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Quote from: whaawh on August 30, 2017, 01:33:21 PM

Quote from: Cormoran on August 30, 2017, 01:14:24 PM

It's just foolish to place too much faith in any speculative investment; buying bitcoin directly is a one-trick pony, if it doesn't increase in value it's got nothing. 58% of my investments are in fixed income, mostly providing credit at a few percentage points above the prime rate; 30% in equity, 10% in bonds, and I invested 2% in bitcoin. It worked out well since I invested just before August when the value was plummeting to $1600 - I caught it at $2k and have already sold enough of it to recoup my initial investment. If bitcoin soars as people expect, I'll be a little bit wealthier; if it's a bubble that pops, I won't lose a cent.

I may take one of my remaining bitcoins and buy a few ASIC miners with it though. At current prices, it's a no-brainer to buy 3 S9s for 1 bitcoin and then mine 3-4 bitcoins with them in the next year, though of course 1 more of those would have to be sold to pay for power costs.

The fact is that in part you are right. I would like to save today how many coins for the future, but everything else is Trade and exchange for real money. I want to protect myself from many risks that may be associated with crypto currency.

In my opinion, you can try change your thought about crypto market, think it is real money just make your emotion getting worse because when trading we need make our spirit feel comfortable. Therefore, change your thought as my said very important.

whaawh

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Quote from: Cormoran on August 30, 2017, 01:14:24 PM

It's just foolish to place too much faith in any speculative investment; buying bitcoin directly is a one-trick pony, if it doesn't increase in value it's got nothing. 58% of my investments are in fixed income, mostly providing credit at a few percentage points above the prime rate; 30% in equity, 10% in bonds, and I invested 2% in bitcoin. It worked out well since I invested just before August when the value was plummeting to $1600 - I caught it at $2k and have already sold enough of it to recoup my initial investment. If bitcoin soars as people expect, I'll be a little bit wealthier; if it's a bubble that pops, I won't lose a cent.

I may take one of my remaining bitcoins and buy a few ASIC miners with it though. At current prices, it's a no-brainer to buy 3 S9s for 1 bitcoin and then mine 3-4 bitcoins with them in the next year, though of course 1 more of those would have to be sold to pay for power costs.

The fact is that in part you are right. I would like to save today how many coins for the future, but everything else is Trade and exchange for real money. I want to protect myself from many risks that may be associated with crypto currency.

Topic: did you place all your funds into bitcoin? - page 71. (Read 123608 times)