Topic: did you place all your funds into bitcoin? - page 86. (Read 123608 times)

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.. ?

We all know that bitcoin is a good investment however it's not god to place all of what you have in one investment because it can make you unprofitable if your investment tends to be stable/volatiles which is inversely proportional from what you are expecting.

although bitcoin is an investment, we can not put all our funds in bitcoin because we still depend on fiat in our offline life to buy what we needs. maybe we can split our money like 30% in bitcoin and 70% in fiat so we can still buy for daily. and if we have more money and its free, we can buy more bitcoin and make it as long term investment like what we do before.

Netnox

legendary

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Most of my wealth is invested outside Bitcoin, but most of my liquid assets are in the form of crypto-currency (including BTC). In terms of my total wealth, some 10% to 15% is invested in the form of Bitcoin. Will take a decision on increasing the proportion after August 1.

Predator25

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Quote from: mega on March 12, 2017, 04:35:36 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.. ?

We all know that bitcoin is a good investment however it's not god to place all of what you have in one investment because it can make you unprofitable if your investment tends to be stable/volatiles which is inversely proportional from what you are expecting.

joromz1226

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Never put all your eggs in one basket and same goes with investing money only in bitcoins too, if you put all your money in bitcoins and if price crashed tomorrow then you will be going through big loss so its better to invest only a part of your wealth in bitcoins and rest save it for the future for the uncertainties and if bitcoins goes well then it would be a win win situation for you.

This one is true, we spread our assets not in one place only, like in holding bitcoin we must storage it in different
wallet addresses, it can be on electrum, multibit hd, bitcoin core, bitpay or coinomi.

TitanGEL

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Quote from: ?? on ??

Quote from: Coffee2015 on July 19, 2017, 02:37:23 AM

Quote from: Supercrypt on March 13, 2017, 03:50:43 AM

Quote from: termion on March 12, 2017, 02:41:08 PM

is it a good way to grow my money? or it is risky or.. ?

Bitcoin must be the right way for your growing your money. But no one can be sure about the future so no one can give you guarantee about the returns and the rate of growth of your money. If you are ready to risk, you can invest up to 80% of your total investment money into bitcoins and keep the remaining 20% into other investment types.

Back in 2010 year ... In 2010 you can put all your money in Bitcoin ... In 2017 - it's big foolishness

You got any explanation why we can put all our money into bitcoin investment in the year 2010. At that time bitcoin was very new project definitely people would have been afraid to invest with all their money.

I believe you are talking about the percentage of return one investor might got from the year 2010. But I'm not seeing any difference in terms of risk between 2010 and 2017.

I put most of my fund in Cryptoland.
In term of risk, it was considered higher risk then now, it was the prize for the early investor/user.

Current risk is lower as is coming as proven tech and proven can-not-be-destroyed.
BTC is worth to become your choice to store money/wealth.

If to store or for saving money and wanting to gain while saving. It's a better decision to put it on cryptos but make sure the capability of wallet your putting your savings but if your not a risk taker then cryptos were not the choice ,every transaction in crypto were at risk ot qill only depend on how we do the research.

They say Investing your money to the cryptocurrency is risky but I know it is very effective way to have a good profit. Storing tokens is really the key for you to have a good profit. I can say that it is good if you invest all of your money to the crypto.

Coffee2015

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Quote from: Supercrypt on March 13, 2017, 03:50:43 AM

Quote from: termion on March 12, 2017, 02:41:08 PM

is it a good way to grow my money? or it is risky or.. ?

Bitcoin must be the right way for your growing your money. But no one can be sure about the future so no one can give you guarantee about the returns and the rate of growth of your money. If you are ready to risk, you can invest up to 80% of your total investment money into bitcoins and keep the remaining 20% into other investment types.

Back in 2010 year ... In 2010 you can put all your money in Bitcoin ... In 2017 - it's big foolishness

You got any explanation why we can put all our money into bitcoin investment in the year 2010. At that time bitcoin was very new project definitely people would have been afraid to invest with all their money.

I believe you are talking about the percentage of return one investor might got from the year 2010. But I'm not seeing any difference in terms of risk between 2010 and 2017.

I put most of my fund in Cryptoland.
In term of risk, it was considered higher risk then now, it was the prize for the early investor/user.

Current risk is lower as is coming as proven tech and proven can-not-be-destroyed.
BTC is worth to become your choice to store money/wealth.

Ferris419

hero member

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I have invested only 25% of my wealth in bitcoins and few in gold and majority of my money is in real estate as I am sure that real estate is not going anywhere in future it can give me huge returns on my investments so investing at multiple places is always an right thing to do with your money.

Collider

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Quote from: jpoker272727 on July 15, 2017, 03:44:29 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.. ?

As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.

That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.

I think by putting all the available funds in one single coin in not really a great job, if it is bitcoin, etherium or anything else but to me it don’t fulfill the purpose. By putting all your funds at a same place mean putting all the eggs in the same basket which is not meant to minimize the risk. The purpose of splitting your funds into a diversified manner is to minimize risk level.

That's correct its always good to diversify our investments to minimize the risk in future and bitcoin is good as an investment but we cannot afford to put all our money in it as anything is possible in future and if bitcoin dies then we will be loosing all our money at once.

Cocobrayy

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I did not put all the funds in bitcoin because half of my bitcoin made money to transact buy and sell goods and others

jpoker272727

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Quote from: MiXxe on July 15, 2017, 10:25:31 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.. ?

As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.

That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.

I think by putting all the available funds in one single coin in not really a great job, if it is bitcoin, etherium or anything else but to me it don’t fulfill the purpose. By putting all your funds at a same place mean putting all the eggs in the same basket which is not meant to minimize the risk. The purpose of splitting your funds into a diversified manner is to minimize risk level.

grim007

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Activity: 378

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Quote from: hurain on July 13, 2017, 12:32:32 PM

Quote from: hurain on July 13, 2017, 12:32:32 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.. ?

As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.

That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.

i will never even advise to put all your money even in bitcoin. i think it is not good to invest all our assets in one business wee need to invest money in different places and through this way we can reduce the risk of losing all the money in one time.

Thats good to read that many people knows the risk of investing all the money they have in bitcoins .Spending your money in different investments not only reduce the risk but also give a opportunity if one of your investment got failed there you have another option and business.

That's a safe decision since we always have a backup , but still we should find ico or alts that we think have really potential to be successful since it would be a waste if our investment will only be failed then we might regret since there are a lot of ico to choose from.

MiXxe

sr. member

Activity: 462

Merit: 250

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.. ?

As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.

That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.

i will never even advise to put all your money even in bitcoin. i think it is not good to invest all our assets in one business wee need to invest money in different places and through this way we can reduce the risk of losing all the money in one time.

Thats good to read that many people knows the risk of investing all the money they have in bitcoins .Spending your money in different investments not only reduce the risk but also give a opportunity if one of your investment got failed there you have another option and business.

zedsacs

sr. member

Activity: 322

Merit: 250

In every investment, there is always a risk involved. Just like what i've said many times to my fellow earners and to those who needed advice from me, investing in bitcoin always has a risk. Because this time you are not the one who controls your money, you can't control the price of bitcoin. It's not advisable to put all of your money in bitcoin.

fikihafana

sr. member

Activity: 462

Merit: 250

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's not the best way to do that, at least you have to put only half of your fund not all of your fund

hurain

sr. member

Activity: 462

Merit: 250

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.. ?

As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.

That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.

i will never even advise to put all your money even in bitcoin. i think it is not good to invest all our assets in one business wee need to invest money in different places and through this way we can reduce the risk of losing all the money in one time.

MiXxe

sr. member

Activity: 462

Merit: 250

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.. ?

As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.

That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.

Raphal

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