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Topic: did you place all your funds into bitcoin? - page 75. (Read 123635 times)

hero member
Activity: 924
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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 a risk but I can't fault you for doint ig. However if it wetre me i would be putting a certain portion of my money only and not all of it. I would be investing a majority but i would also be saving something for myself in case of emergencies or for cases where it might not work out.
sr. member
Activity: 644
Merit: 261
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 risky to put all your money in bitcoin alone. You may have considered putting it all because of the significant increase in value for just a short amount of time compared to investing it in another business or put it in your bank as time deposit or savings but then it is too risky because we don't know what will happen in the future. Someone may be able to access your wallet and then you will end up losing it all. Instead of gaining value then you will have no money left that may be for your retirement or for other purposes. There is a little chance of it happening but its better to be secure than regret later.

You can invest maybe half of your money in bitcoin and the other half maybe in other coin or other field not totally related to cryptocurrency. Diversifying is a must to reduce the risks of your money being gone and you can have multiple sources of income which can serve as back up in case there is one that would not be earning in the future.
full member
Activity: 406
Merit: 100
Placing all your money in bitcoin is very risky. If it goes high that is favorable to you and if goes down thats not good. Just like me i do only have percentage of my earnings that goes to bitcoin funds and put the other on other investments.
hero member
Activity: 770
Merit: 500
Personally i did.. But not in bitcoin, just distributed a half in bitcoin and the another half in Ethereum and Waves, those are the only altcoins that i trust in this moment, and the only ones who i can believe they can reach a x3 in a near future.
But yes, i think bitcoin is a good investment and is worth it.

Exactly, bitcoin is worth investment so far. Risk is an important factor for a trader in investment and bitcoin have risk too. But as said you must not put all investments in one business and if bad luck for you couldn’t handle that loss. So better is to put your maximum investment in bitcoin as it is safer than others and yes invest in other crypto currencies too for your own safety.
hero member
Activity: 672
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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 investing is risky but I think if you invest your money to the bitcoin for sure you can have a big profit. You can become a millionaire  if you place all of your funds to the bitcoin.
Its totally a very risky, you don't need to go all in with bitcoins just to become a millionaire. You can spread out all of your money not all in bitcoins. Thus, it is not good to invest all in one basket.
That is the idea. Bitcoins are best to trade but it is naturally understood not to put all eggs in one basket. And yes you don’t have to put all at once, just invest a little in bitcoin for first time, gets profit. Invest more and get profit and invest more and more and you will be having you amount doubled and tripled and so on. Good luck often seemed to be there for investors in bitcoins so far.
sr. member
Activity: 1400
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I believe about future of bitcoin, so i dare to take all funds for bitcoin. And from bitcoin, i can still make money. There are many ways and opportunities that we can use to make bitcoin as a new source of income. And in fact, bitcoin values exploded above $4K. A value that is considered fantasy, but has become reality.
legendary
Activity: 1862
Merit: 1046
i think its too risky to place all our funds into bitcoin although we know that bitcoin will be increase drastically but for me, i think its good if i can split my funds for bitcoin and for daily needs. because i still have to buy something in my real life and in here, i only can use fiat than using bitcoin so i don't want to do this.

It all depends on our belief on bitcoin, even I've read the article, someone selling her house only to invest in bitcoin.
bitcoin it's a long term, we could see bitcoin history from year to year and prices continue to rise. I believe in bitcoin and I put 90% of my funds in bitcoin.
sr. member
Activity: 536
Merit: 250
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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 investing is risky but I think if you invest your money to the bitcoin for sure you can have a big profit. You can become a millionaire  if you place all of your funds to the bitcoin.
Its totally a very risky, you don't need to go all in with bitcoins just to become a millionaire. You can spread out all of your money not all in bitcoins. Thus, it is not good to invest all in one basket.
I think as well. Maybe it should be better if the half of the money will be in a business that is non perishable ones. Like you said it will be risky when it comes to investing. Bitcoin is not a bad idea to have a starter in a business. Needless to say, you can get higher profit out of it. Not totally becoming a millionaire with an instant snap. It takes a lot of effort to be like one but placing all the funds would be so heavy and we don't even know if there are sudden interruption of the system that's hal and half method would be a good way.
sr. member
Activity: 503
Merit: 250
i think its too risky to place all our funds into bitcoin although we know that bitcoin will be increase drastically but for me, i think its good if i can split my funds for bitcoin and for daily needs. because i still have to buy something in my real life and in here, i only can use fiat than using bitcoin so i don't want to do this.
That's good to plan and ensure the saving since btc can have correction announcement anytime soon like it is in segwits or splits before aug 1. It better to put some in trading,investing and hold some as well as put some in banks.
hero member
Activity: 2870
Merit: 574
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i think its too risky to place all our funds into bitcoin although we know that bitcoin will be increase drastically but for me, i think its good if i can split my funds for bitcoin and for daily needs. because i still have to buy something in my real life and in here, i only can use fiat than using bitcoin so i don't want to do this.
full member
Activity: 186
Merit: 100
Bitcoin is a good way to invest, but I do not risk putting all my funds into one basket. I will divest my funds into different crypto-currencies in order to avoid serious losses.
sr. member
Activity: 503
Merit: 250
I don't put my money in just one investment we never know how it will goes. We might loose if we will just invest in bitcoin or maybe we could earn but for security you should invest in different kinds of ventures don't put them all in one investment.

Yes that's true you can even join signature campaigns to earn coins. You dont really need to use your personal income to jump into bitcoin trading. There's different campaigns that's running in here where you can earn coins. Try to look at the announcement thread and your'e going to find out what are the ongoing campaigns right now.
Right joining campaigns ang having twitter account can be a great help since we can join into many campaigns ,meaning we have the chance to have some of those tokens from ICO even few tokens can goes along way when hold or trade properly.
full member
Activity: 434
Merit: 100
I don't put my money in just one investment we never know how it will goes. We might loose if we will just invest in bitcoin or maybe we could earn but for security you should invest in different kinds of ventures don't put them all in one investment.

Yes that's true you can even join signature campaigns to earn coins. You dont really need to use your personal income to jump into bitcoin trading. There's different campaigns that's running in here where you can earn coins. Try to look at the announcement thread and your'e going to find out what are the ongoing campaigns right now.
hero member
Activity: 896
Merit: 500
Personally i did.. But not in bitcoin, just distributed a half in bitcoin and the another half in Ethereum and Waves, those are the only altcoins that i trust in this moment, and the only ones who i can believe they can reach a x3 in a near future.
But yes, i think bitcoin is a good investment and is worth it.

You are right, putting all our funding into Bitcoin surely very risky, we could make
50/30/20% in other Cryptocurrency. Yes for now, Ethereum and Waves is the trusted altcoin.
hero member
Activity: 2128
Merit: 520
Funny indeed but if OP just did it for sure he's a millionaire by now as we seen how bitcoin investment turned into a successful system many people who learn about this industry have their own successful stories and its always depend on how people believes about the platform of investment system they will support.
sr. member
Activity: 448
Merit: 250
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Personally i did.. But not in bitcoin, just distributed a half in bitcoin and the another half in Ethereum and Waves, those are the only altcoins that i trust in this moment, and the only ones who i can believe they can reach a x3 in a near future.
But yes, i think bitcoin is a good investment and is worth it.
full member
Activity: 406
Merit: 100
I don't put my money in just one investment we never know how it will goes. We might loose if we will just invest in bitcoin or maybe we could earn but for security you should invest in different kinds of ventures don't put them all in one investment.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
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 investing is risky but I think if you invest your money to the bitcoin for sure you can have a big profit. You can become a millionaire  if you place all of your funds to the bitcoin.
Its totally a very risky, you don't need to go all in with bitcoins just to become a millionaire. You can spread out all of your money not all in bitcoins. Thus, it is not good to invest all in one basket.
hero member
Activity: 720
Merit: 500
I am not mad that I will put all the money in Bitcoins, Bitcoins price is always increasing or decreasing so better I keep my money off the bitcoins.
If you are thinking that you will save your money by converting your money into Bitcoins then you are wrong. Why don't you try Bank instead of Bitcoins?
It is totally risky, Instead by gold? some property? some shares?
sr. member
Activity: 924
Merit: 275
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 investing is risky but I think if you invest your money to the bitcoin for sure you can have a big profit. You can become a millionaire  if you place all of your funds to the bitcoin.
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