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Topic: did you place all your funds into bitcoin? - page 72. (Read 123608 times)

member
Activity: 61
Merit: 10
No, I do not risk putting all my money in bitcoin. No one can predict its exact growth and for safety reasons I allocate my funds to different cells, it helps me to avoid huge losses.

But I will. I will place all my holding into bitcoin. If you do that so ,you should act wisely to  get a profit from it. You should periodically Check the price of bitcoin. If it's reach the maximum Value, you may cashed out your bitcoin. Bitcoin is the best place to get profit.

I periodically check the bitcoin prices... but what is the maximum value? Tongue

Is there some sort of guide that I haven't read that gives ironclad, guaranteed predictions on future market prices? Any investment can reach all-time-highs or crash depending on investor confidence and the underlying value of the investment; investor confidence in bitcoin is sky-high, but what is the underlying value other than that confidence? The network is reasonably extensive and powerful, but could be pointed to another SHA256 coin very quickly if conditions changed too much and people got severely spooked by bitcoin itself - and even if that network stays in place, it needs to expand a lot to be useful as an actual currency rather than a speculative investment. The bitcoin network currently is too slow and expensive for bitcoin to actually be used as a currency that can be accepted worldwide, not just at exchanges but at the ordinary merchants who currently don't understand the concept and don't care.
member
Activity: 61
Merit: 10
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. Smiley 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.
newbie
Activity: 58
Merit: 0
30% of my current net worth to alt and btc while the other 70% bank and pocket money, again don't go all in we don't really know what will happen in the future. But bitcoin is the future  Grin
A very good move not to spend all of your money and you stay away from big risk . Bitcoins can give you more money if you can make it grow and if something happens its not too bad and you can start again by small amount than risking all your money and you don't know what may possibly happen.

Honestly it feels like the lifetime opportunity. I can't stop myself from investing most of my fiat income in crypto.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
30% of my current net worth to alt and btc while the other 70% bank and pocket money, again don't go all in we don't really know what will happen in the future. But bitcoin is the future  Grin
A very good move not to spend all of your money and you stay away from big risk . Bitcoins can give you more money if you can make it grow and if something happens its not too bad and you can start again by small amount than risking all your money and you don't know what may possibly happen.
newbie
Activity: 58
Merit: 0
30% of my current net worth to alt and btc while the other 70% bank and pocket money, again don't go all in we don't really know what will happen in the future. But bitcoin is the future  Grin

Bitcoin is the future. I'm 75% in btc+alts and have just a little left for beer money and stuff.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
30% of my current net worth to alt and btc while the other 70% bank and pocket money, again don't go all in we don't really know what will happen in the future. But bitcoin is the future  Grin
It seems that you are playing safe right there but it is still a great strategy to minimize the risk of getting a huge loss. Putting at least 30% is not a low percentage for an investor and i think you should hold it for long term so that 30% of your money will grow into unexpected numbers and the rest of your money should be invest but in great and stable investment so you can have a peace of mind.
full member
Activity: 686
Merit: 100
30% of my current net worth to alt and btc while the other 70% bank and pocket money, again don't go all in we don't really know what will happen in the future. But bitcoin is the future  Grin
hero member
Activity: 2534
Merit: 586
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.. ?
Yeah. Even though that the bitcoin investment is risky, I invested all of my money  there. I think that my money will double up because I know that the bitcoin is very profitable. Investing our money to bitcoin is really good.

I don't care if God himself came down and told me that the number 3 horse was going to win in the fourth race this afternoon, putting every single thing you have in one basket can mean disaster. I never put all the funds in one entity.
This is what we should maintain. No doubt, BTC is an amazing, long term investment. Here, you need a ton of money to see something difference! And, obviously i put some money in it not a whole lot. If you're looking quick profit choose some good altcoins so far all depends what altcoins you buy. Bitcoin investment surely long term.
Yeah! There is no doubt that bitcoins have now become long term investments and people are not willing to trade with them. Altcoins are great for short term investments and they do produce profits without letting you wait for long time. I am myself investing that much which I can easily afford into bitcoins.
legendary
Activity: 1960
Merit: 1026
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.. ?
not all i putting my money, i put 50% of my money the other 50% i will use for my daily needs of my family like buy food clothe pay bills etc. i agree for that idea putting more money as investment is the best way earn more profits, but need set aside for my daily needs in life.
with don't put all your money in bitcoin is the right choice Because the price of bitcoin fluctuations and anything can happen in the future. so yeah it is good to put half of your money in bitcoin.

 
full member
Activity: 2408
Merit: 202
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.. ?
not all i putting my money, i put 50% of my money the other 50% i will use for my daily needs of my family like buy food clothe pay bills etc. i agree for that idea putting more money as investment is the best way earn more profits, but need set aside for my daily needs in life.
full member
Activity: 434
Merit: 117
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 invested half of my funds in the bitcoin. The investment is risky but I have a faith and hope to the bitcoin. Try to put half of your money for you to generate profits. Do not afraid to invest your money to the bitcoin.
hero member
Activity: 896
Merit: 514
That's really not a good idea nor it can be advised I personally feel and that's what I do myself I invested a good amount of money in bitcoin for the obvious reason that I have made good money by doing so in the past and a part of my money has been invested in some of altcoins which I think are good ones and will bring me good results soon I still have some money put aside for future that's if there comes some better opportunity I will invest in that so I personally think that instead of putting all of your money in just bitcoin it's wiser to have diversified portfolio.
Everyone knows that diversified portfolio increases the chances of being on the safe side for long time. I personally believe that investing the larger portion of your money in bitcoins is great with investing rest money into some potential coins. Bitcoins do pay you off more than any other coin, so there is no risk in placing maximum funds into bitcoins.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
That's really not a good idea nor it can be advised I personally feel and that's what I do myself I invested a good amount of money in bitcoin for the obvious reason that I have made good money by doing so in the past and a part of my money has been invested in some of altcoins which I think are good ones and will bring me good results soon I still have some money put aside for future that's if there comes some better opportunity I will invest in that so I personally think that instead of putting all of your money in just bitcoin it's wiser to have diversified portfolio.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
No, I do not risk putting all my money in bitcoin. No one can predict its exact growth and for safety reasons I allocate my funds to different cells, it helps me to avoid huge losses.

But I will. I will place all my holding into bitcoin. If you do that so ,you should act wisely to  get a profit from it. You should periodically Check the price of bitcoin. If it's reach the maximum Value, you may cashed out your bitcoin. Bitcoin is the best place to get profit.
hero member
Activity: 621
Merit: 500
No, I do not risk putting all my money in bitcoin. No one can predict its exact growth and for safety reasons I allocate my funds to different cells, it helps me to avoid huge losses.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
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.. ?
Yeah. Even though that the bitcoin investment is risky, I invested all of my money  there. I think that my money will double up because I know that the bitcoin is very profitable. Investing our money to bitcoin is really good.

I don't care if God himself came down and told me that the number 3 horse was going to win in the fourth race this afternoon, putting every single thing you have in one basket can mean disaster. I never put all the funds in one entity.
This is what we should maintain. No doubt, BTC is an amazing, long term investment. Here, you need a ton of money to see something difference! And, obviously i put some money in it not a whole lot. If you're looking quick profit choose some good altcoins so far all depends what altcoins you buy. Bitcoin investment surely long term.

Yeah bitcoin is an long term investment and you should save it for future and should not bother about short term fluctuations as you cannot make quick profits from it and if you are really looking to make short term profits then better to invest in altcoins that have good volume and which are surviving since long time as it can give you good profits in short term.
yes that is right that bitcoin is a long term investment and for long term you need to invest a good amount of money in bitcoin.

If you invest higher capital then only you will be able to enjoy the profits but don't forget that it will also increase the risk of loosing money if bitcoin fails in future so you need to be smart while investing so if you have invested bigger capital in bitcoins and if its giving you good profits then do not hesitate in selling it at a right time.

if in future, for example you invest all of your money for $10,000 and you got 10 btc at $1,000 per 1 btc, then if the price is suddenly increase to $5,000, you only need to withdraw 2 btc - 3 btc and you still have 8-7 btc and you can hold or trading to increase the amount. its better if once we can make profit as bigger or equal with our money (money before exchange in btc), we cash out the btc so we can get our money back while we still have btc for long term investment.
sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
No way. I don't like to put all of my money in Bitcoin. Although Bitcoin is good and profitable. But I am a crypto trader. So I always buy and sell a lot of coins. I think it will be more profitable for me I can put some other coins. Such as LTC, LNK, ETH etc.
newbie
Activity: 27
Merit: 0
no i keep most of my money in new altcoins which potentially could give me huge profit
hero member
Activity: 2856
Merit: 667
Diversification is the kingly way, because of the uncertainty of the future, therefore, all kinds of risk investment products all need to read. Smiley
That is a smart move, we trust bitcoin but we should learn how to manage the risk, not only bitcoin has exist although it is the most
powerful and dominant among them all but time might change, those who are not yet popular now may become big in the future so we have
to see that also.
sr. member
Activity: 1036
Merit: 275
Yes, almost all my funds are in crypto, not just in bitcoin because i have all those funds into a few altcoins. I really prefer altcoins because they can grow more than bitcoin in short term, and i can make more profit from that.
But i dont have too much funds, only a few thousand but that is a good amount to make profit from this market, i am happy that this week we all are having good profits from the market.
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