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Topic: did you place all your funds into bitcoin? - page 87. (Read 123635 times)

legendary
Activity: 1120
Merit: 1000
Nope. Most of my funds are actually on altcoins. My bitcoins are here to support me on my daily spending. The altcoin market is a holy grail for a trader like me. Bitcoin can go up and down but in altcoin, coins will go down significantly and then go up significantly too after a month or so. That's the case to most new coins because the bounty participants dump their coins, hence, the low price. Then investors will come in, hence, the high price. There's nothing wrong with believing in bitcoins but with the August 1 scenario, things are becoming uncertain. We don't know how will it affect the price and we definitely don't know how will it bitcoin itself.
although most of my funds are in bitcoin but still i am no welling to put all my funds there. i never live to put my all investment in one kind of business i have to distribute my money in different places.
sr. member
Activity: 396
Merit: 250
Just investing in btc is a stupid thing to do. The future of your investing money just depends on btc which will increase the risk ratio and make you easy to lose money without getting anything. As far as I should divide the amount you want to invest in the other altcoins, this will save your money more.
full member
Activity: 784
Merit: 112
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.. ?
No don't put all your money in bitcoin spare some for yourself it is not good way to invest all your money because it's to risky you can encounter some scam sites that will steal your money, it's better to learn some tips about earning bitcoin without investing too much money on it or you can start by joining signature campaign if you want to learn and earn bitcoin, there are so many ways you can grow your money just be patient.
legendary
Activity: 1008
Merit: 1060
Nope. Most of my funds are actually on altcoins. My bitcoins are here to support me on my daily spending. The altcoin market is a holy grail for a trader like me. Bitcoin can go up and down but in altcoin, coins will go down significantly and then go up significantly too after a month or so. That's the case to most new coins because the bounty participants dump their coins, hence, the low price. Then investors will come in, hence, the high price. There's nothing wrong with believing in bitcoins but with the August 1 scenario, things are becoming uncertain. We don't know how will it affect the price and we definitely don't know how will it bitcoin itself.
sr. member
Activity: 518
Merit: 250
No, I only invested what I can afford to lose. But I'm buying when the their is a opportunity, like what we have right now. I'm not that wealthy to invest large amount of money. I would love to but my financials won't allow me that's why I only buy if there is good opportunity. To be frank, I only have less than 1BTC as investment on bitcoin. But I'm targeting to get at least one full at the end of the year.

That's good invest only that you can afford to loose as no one knows what will be the future of bitcoin and what price it will hold in future and if we invest all our money in it and if it crashes then we will be loosing all our money at once so its better not to invest all money only in bitcoins.
sr. member
Activity: 1078
Merit: 256
No, I only invested what I can afford to lose. But I'm buying when the their is a opportunity, like what we have right now. I'm not that wealthy to invest large amount of money. I would love to but my financials won't allow me that's why I only buy if there is good opportunity. To be frank, I only have less than 1BTC as investment on bitcoin. But I'm targeting to get at least one full at the end of the year.
hero member
Activity: 658
Merit: 505
Even bitcoin is not so good to invest all the funds in it. There is a risk despite good chances for even biger profit in the future. But situation can always change and secure investment just don't exists. Don't ever put all eggs just in one basket even if it's about bitcoin, diversify you investment and you will be more protected against the loss.
sr. member
Activity: 504
Merit: 250
There's no reason to do so. Bitcoin is something that can give you good profits in the future, yep, but none of that bright future is assured at all. Placing all your funds in bitcoin is like going all-in in gambling. Most people that go all-in regrets that decision. Unless you're 100% ready to start living in the streets, I suggest that you don't risk all your money in bitcoin holding. You still have money to survive life and actually live a life. Life isn't just about making profits.

So my answer is no. I didn't place all my funds into bitcoin because I want to have a good lifestyle and that requires constant supply of money. Holding bitcoins will require you to spend as little as you can.
I agree investing all your money in bitcoin is not suggested. But don't say that bitcoin does not have bright future. It has bright future that is why it's getting a number of investors from all over the world. If does not have future then no one will invest in this currency. My suggestion is your extra money you can invest in bitcoins, and I am sure you will get good returns in the future.

That's right bitcoin surely has a great future ahead so we can afford to invest some part of our wealth in it to get higher profits in future but make sure that you don't invest all your money in it as the future is uncertain and anything is possible in future so its good not to put all money at a single place.
full member
Activity: 322
Merit: 101
I am not asking in general. I am asking whether NOW it is advisable. Or do you expect much lower levels? Investing in falling markets normally sshould not be done. Not sure we have a level for good investment timing.

legendary
Activity: 1092
Merit: 1000
There's no reason to do so. Bitcoin is something that can give you good profits in the future, yep, but none of that bright future is assured at all. Placing all your funds in bitcoin is like going all-in in gambling. Most people that go all-in regrets that decision. Unless you're 100% ready to start living in the streets, I suggest that you don't risk all your money in bitcoin holding. You still have money to survive life and actually live a life. Life isn't just about making profits.

So my answer is no. I didn't place all my funds into bitcoin because I want to have a good lifestyle and that requires constant supply of money. Holding bitcoins will require you to spend as little as you can.
I agree investing all your money in bitcoin is not suggested. But don't say that bitcoin does not have bright future. It has bright future that is why it's getting a number of investors from all over the world. If does not have future then no one will invest in this currency. My suggestion is your extra money you can invest in bitcoins, and I am sure you will get good returns in the future.
hero member
Activity: 826
Merit: 502
There's no reason to do so. Bitcoin is something that can give you good profits in the future, yep, but none of that bright future is assured at all. Placing all your funds in bitcoin is like going all-in in gambling. Most people that go all-in regrets that decision. Unless you're 100% ready to start living in the streets, I suggest that you don't risk all your money in bitcoin holding. You still have money to survive life and actually live a life. Life isn't just about making profits.

So my answer is no. I didn't place all my funds into bitcoin because I want to have a good lifestyle and that requires constant supply of money. Holding bitcoins will require you to spend as little as you can.
member
Activity: 98
Merit: 10
Blocklancer Freelance on the Blockchain
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.. ?

just do it  Wink in long period you will be right
jr. member
Activity: 57
Merit: 10
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.. ?
No matter how good the investment is, you never go all in. In addition, if the forecasts for Bitcoin are to be realized in the long term, a more modest investment would be enough to make big profits.
hero member
Activity: 966
Merit: 552
When is a good time to buy bitcoins? In falling markets seems not to be a good idea. What are your thoughtsß


Some now and some before Segwit (1 Aug) I guess
That is good manage the money that be invested on bitcoins, it can anticipate if the bitcoin's price is more going down than right now include anticipate the risk losing money because as we know bitcoin's price and another altcoins are down trend, personality i made invested in bitcoins and another altcoins (ethereum, ripple and another altcoins include ICO of DDF for long time investment).
sr. member
Activity: 1988
Merit: 453
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.
full member
Activity: 364
Merit: 100
When is a good time to buy bitcoins? In falling markets seems not to be a good idea. What are your thoughtsß


Some now and some before Segwit (1 Aug) I guess
full member
Activity: 322
Merit: 101
When is a good time to buy bitcoins? In falling markets seems not to be a good idea. What are your thoughtsß
full member
Activity: 212
Merit: 100
Gric Coin - Redefining Agriculture and Increasing
I don't think that putting all eggs in one basket is a very good option. One should always diversify his assets to reduce the risk of market and to increase chances of profits no would recommend to keep no more than 30-40 percent in Bitcoin. Other funds must be invested in other progressive altcoins like monero and ether.

That's a nice say. Why the hell shall we but our all money in bitcoin. All we need is to split hem into different altcoins that we trust. So that we can protect ourselves from dumps.
I would like to know how long it takes to believe in altcoin? Really they too can exist as much as Bitcoin. Does the life of altcoin depend on the existence of the company that it represents?
As long as it's being supported by the dev, it wion't die. Altcoin don't hust depend on the existence of company. If an altcoin is popular and holders are still holding it, it won't die and will have a value in future.
hero member
Activity: 655
Merit: 500
You shouldn't invest more than you afford to lose. It’s not Bitcoin’s issue. I think that it’s how everything works. You must always have a sort of Plan B. But still if you have some extra money and you don’t know what to do with them - buying Bitcoins is a good idea. That’s my opinion, but I don’t mean that’s the only way.
that is right i think we need to invest such amout of money that we can afford to loseb, becasue there is not monly risk of losing money in gambling but even in trading and invesgtment there are always risk of losing money. therefore we even should invest a selected amount of money in trading so that if we even lose the most, it may not put a very bigg effect on our  ecnomic condition. and we may still in postion tio recover or lost.
sr. member
Activity: 462
Merit: 250
You shouldn't invest more than you afford to lose. It’s not Bitcoin’s issue. I think that it’s how everything works. You must always have a sort of Plan B. But still if you have some extra money and you don’t know what to do with them - buying Bitcoins is a good idea. That’s my opinion, but I don’t mean that’s the only way.
Yeah ,, or you may put some of your extra money in different altcoins , investing what you can afford to lose minimizing the risk of losing all money you have .Dont be over confident with bitcoin without knowing all the circumstances that may probably happen.
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