did you place all your funds into bitcoin? - page 76.

J Gambler

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Quote from: webdevmastery on August 22, 2017, 03:08:18 AM

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

Its a very bad idea, just start with small investment because your'e only starting. I suggest you buy alt coins because its safer and its cheaper for beginners and do not be on rush. Try to search everything first about cryptocurrency and try to look at the charts because there's different coins out there or try to join signature campaigns first then the coins that your'e going to earn, Use it to start.

It is not yet a bad idea what matters most is that you have your own investment maybe do not put all of your coins in bitcoin you may also try to put it im alt coins. Much better if you buy alt coins because it is cheaper than bitcoin still when it pumps you will get the exact profit or the money that you expect.

BunnyShibe

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Quote from: Superways on August 22, 2017, 03:16:31 PM

Quote from: OrangeII on August 21, 2017, 10:32:52 PM

I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.

Likewise, it is better to put majority of investment in bitcoins if you want an excellent profit but still it is not recommended to make all investment in one business. Bitcoins are volatile and majority cases an give you a huge buzz in profit but you must keep some amount for yourself and yes invest likely to 80% in bitcoins if you decided only to invest so.

i also think so that bitcoin is one of the safest investment. and that is the reason that i have put more than 80% assets in bitcoin and still trying to invest more. because i am sure that my investment is too much safe there in bitcoin as compare to anywhere else. i will suggest to invest as more money in bitcoin as one can.

Paid Piper

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Quote from: mega on August 22, 2017, 03:56:40 PM

Quote from: Superways on August 22, 2017, 03:16:31 PM

Quote from: OrangeII on August 21, 2017, 10:32:52 PM

I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.

Likewise, it is better to put majority of investment in bitcoins if you want an excellent profit but still it is not recommended to make all investment in one business. Bitcoins are volatile and majority cases an give you a huge buzz in profit but you must keep some amount for yourself and yes invest likely to 80% in bitcoins if you decided only to invest so.

If you are putting all your money in an single investment then you are taking a big risk with your money and bitcoin is still unpredictable and no one knows where it will go in future so its better to invest only a part of money in it and rest in some other investment products from where we can earn certain amount of profit as depending only on bitcoin would a be a huge risk and a big mistake too.

yes there is too much risk while investing a lot of money in one business. to me I personally try to put my moneey I different places and therefore I have invested some amount of money in bitcoin, I also have invested some in trding altcoin while the rest has been invested in day business from where I a lso get some profit.

mega

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Quote from: Superways on August 22, 2017, 03:16:31 PM

Quote from: OrangeII on August 21, 2017, 10:32:52 PM

I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.

Likewise, it is better to put majority of investment in bitcoins if you want an excellent profit but still it is not recommended to make all investment in one business. Bitcoins are volatile and majority cases an give you a huge buzz in profit but you must keep some amount for yourself and yes invest likely to 80% in bitcoins if you decided only to invest so.

If you are putting all your money in an single investment then you are taking a big risk with your money and bitcoin is still unpredictable and no one knows where it will go in future so its better to invest only a part of money in it and rest in some other investment products from where we can earn certain amount of profit as depending only on bitcoin would a be a huge risk and a big mistake too.

Superways

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Quote from: OrangeII on August 21, 2017, 10:32:52 PM

I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.

Likewise, it is better to put majority of investment in bitcoins if you want an excellent profit but still it is not recommended to make all investment in one business. Bitcoins are volatile and majority cases an give you a huge buzz in profit but you must keep some amount for yourself and yes invest likely to 80% in bitcoins if you decided only to invest so.

webdevmastery

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

Its a very bad idea, just start with small investment because your'e only starting. I suggest you buy alt coins because its safer and its cheaper for beginners and do not be on rush. Try to search everything first about cryptocurrency and try to look at the charts because there's different coins out there or try to join signature campaigns first then the coins that your'e going to earn, Use it to start.

batang_bitcoin

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Quote from: OrangeII on August 21, 2017, 10:32:52 PM

I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.

It's not a bad idea but you need to put everything when the price of bitcoin is quite at lower price. This is a type of investment so there's nothing bad if you want to full blast your money in bitcoin. One day you'll earn that with this decision, just don't regret when you are able to do this thing because the price was moving quickly.

_IRMAN

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

If you hold bitcoin for the long term, I think that's good.
Because as we know the price of bitcoin from year to year is higher
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But if you put all your money into bitcoin, just to get a short-term profit it's not recommended.
You can lose your money if you panic see bitcoin price down then cutloss Grin

kodtycoon

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Quote from: bangjoe on August 21, 2017, 11:57:58 PM

Quote from: OrangeII on August 21, 2017, 10:32:52 PM

I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.

I used to divide between bitcoin and income from real jobs, I initially put in big enough funds for bitcoin but only for initial capital, in the end my income was obtained from two directions, so no need to place on one side only. We may believe in bitcoin completely but also need to remain vigilant.

What makes you worried about bitcoin so you put your vigilance on bitcoin?
It would not hurt to put all the funds in bitcoin, put all the funds in some altcoins is an option if you have a specific purpose, so put all the funds only on bitcoin and on some altcoins I think it will be fine.

bangjoe

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Quote from: OrangeII on August 21, 2017, 10:32:52 PM

I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.

I used to divide between bitcoin and income from real jobs, I initially put in big enough funds for bitcoin but only for initial capital, in the end my income was obtained from two directions, so no need to place on one side only. We may believe in bitcoin completely but also need to remain vigilant.

OrangeII

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I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.

syaripudin

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Bitcoin is a very good investment, but I do not think you should invest all the money you have for investing in bitcoin. Because however bitcoin is a form of risky investment. You must have other reserves in investing. I think you better keep some funds you have in other fields. I will give examples of some types of investments that you might be able to do in the real world, I think a good investment form in the real world is, real estate or investment in gold as well as others is very good.

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Quote from: MiF on August 20, 2017, 09:09:40 PM

Quote from: Vishnu.Reang on July 11, 2017, 05:34:25 AM

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

Right now, only around 10% of my net wealth is in the form of Bitcoin and other crypto-currency. The rest is in the form of equities, real estate and bullion (only gold). I am planning to increase the share of BTC to around 25%, but it is not going to happen overnight.

It is really unwise to put your all resources in bitcoin alone because 100% we never know what will really gonna happen in the future of bitcoin inspite of how stable it was today except if we have the ability to see the future. What if bitcoin disappear or down it will go with your resources too.

Bitcoin probably is here to stay. I don't see it crashing or running out of value and it can even become more widely used in the future. But yeah you're right. Its not wise to put all your money on a single investment. Everything is a gamble and its best that you have a fall back if one doesn't go as expected.

MiF

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Quote from: Vishnu.Reang on July 11, 2017, 05:34:25 AM

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

Right now, only around 10% of my net wealth is in the form of Bitcoin and other crypto-currency. The rest is in the form of equities, real estate and bullion (only gold). I am planning to increase the share of BTC to around 25%, but it is not going to happen overnight.

It is really unwise to put your all resources in bitcoin alone because 100% we never know what will really gonna happen in the future of bitcoin inspite of how stable it was today except if we have the ability to see the future. What if bitcoin disappear or down it will go with your resources too.

xaxistech

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Quote from: rainingbitcoins on August 20, 2017, 10:20:28 AM

Quote from: A L I E N on August 19, 2017, 06:05:01 AM

In this year I decide to sell bitcoins and deposit it to altcoins.
In my opinion alt have more potential than bitcoin. For example, if bitcoin go 50% than altcoins will go 300%.

That is right but you need to choose the right coin and at a right coin after doing a good market research as there are many shit coins available which will disappear with an blink of an eye and if you invest in those coins hoping that it will pump to extreme level in quick time then it will never happen so be wise before choosing any altcoin for making an investment.

It is not that simple, bitcoin made an increase of 110% in the last month, and a lot of altcoins went down.
If you look for the ALT/BTC exchange, most of them losed a value of almost a 60% in the last month.
Altcoins dont follow Bitcoin path, it depends on a lot of factors if its price goes up or not, that is why there is a correction on most altcoins.

lenovo16

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Quote from: MyIdeas on August 20, 2017, 06:49:41 PM

Quote from: IAMYOURLEADER on August 20, 2017, 02:36:29 AM

I divided my investment in several altcoins and only a small portion in bitcoin. This is my strategy for me in case each of them skyrocket to 100x its price and it's going to be a win-win situation for me.

That’s how to be a smart person. Converting into different altcoins and bitcoin is highly useful. Very few people go for this strategy. The logic behind this is loss. Loss is the thing we should think about. If we use different coins then they vary differently and will obviously stable you. Let suppose in next week one of the coins value falls then is doesn’t mean that others will fall other may remain same or most probably may raise. In both cases you will be the winner.

I was not too smart person but for me placing of all funds in bitcoin is like a gambling that you never know if you are win or lost. You never know if you earn income or not that's why I can't put all my funds in bitcoin.

MyIdeas

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Quote from: IAMYOURLEADER on August 20, 2017, 02:36:29 AM

I divided my investment in several altcoins and only a small portion in bitcoin. This is my strategy for me in case each of them skyrocket to 100x its price and it's going to be a win-win situation for me.

That’s how to be a smart person. Converting into different altcoins and bitcoin is highly useful. Very few people go for this strategy. The logic behind this is loss. Loss is the thing we should think about. If we use different coins then they vary differently and will obviously stable you. Let suppose in next week one of the coins value falls then is doesn’t mean that others will fall other may remain same or most probably may raise. In both cases you will be the winner.

rainingbitcoins

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Quote from: A L I E N on August 19, 2017, 06:05:01 AM

In this year I decide to sell bitcoins and deposit it to altcoins.
In my opinion alt have more potential than bitcoin. For example, if bitcoin go 50% than altcoins will go 300%.

That is right but you need to choose the right coin and at a right coin after doing a good market research as there are many shit coins available which will disappear with an blink of an eye and if you invest in those coins hoping that it will pump to extreme level in quick time then it will never happen so be wise before choosing any altcoin for making an investment.

raven7886

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Quote from: A L I E N on August 19, 2017, 06:05:01 AM

In this year I decide to sell bitcoins and deposit it to altcoins.
In my opinion alt have more potential than bitcoin. For example, if bitcoin go 50% than altcoins will go 300%.

I am not seeing this as a right decisions. The 50% improvement in bitcoins is far better than 300% increase in altcoins for the no-risks we are taking with bitcoins. Bitcoins are the king of the crypto currency. Bitcoins are worth all investment than any other crypto currency whether it is waves etc. I will surely prefer bitcoins over all other crypto currencies.

Still I am not recommending to go 100% into bitcoins as bitcoin is also coming with its own risks but for long term holder, there will be less risks. But 50% into altcoin does not seem a right decisions.

IAMYOURLEADER

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I divided my investment in several altcoins and only a small portion in bitcoin. This is my strategy for me in case each of them skyrocket to 100x its price and it's going to be a win-win situation for me.

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