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 totally risky. I think you should divide it with altcoin also so if bitcoin dumps, you still have currency to recover your loss. However if you're not a fan of altcoins, still don't put all of your money in one currency, divide it in savings and investment. 
Topic: did you place all your funds into bitcoin? - page 93. (Read 123608 times)
For now at least, Bitcoin seems to be the strongest and most stable crypto coin out there, but it probably wouldn't be a good idea to invest all your crypto funds into it. The only other problem is trying to figure out which other coins to invest it.
Investing in bitcoin is much better because bitcoin is growing much faster and its market is also increasing very faster. The governments are also adopting it for their use. So it has a better future. No, I cannot place my fund in bitcoin because I kept it in the bank. I was earn bitcoin and that's amount was fund I used in bitcoin. In additional sometimes I was converted my bitcoin into cash not cash into bitcoin.
To me I think you need to save those bitcoin for long time which you earn, this way you will make more benefits, and more if you kept your funds in bitcoin rather than bank which will make your money more increase because in bitcoin your money are more profitable than bank , I think if you kept half funds in bank and other you invest in bitcoin in future its value is more increase than before.
I would not recommed this, and especially not all into one assett. You must spread the risk in order to manage your risk.
I have almost no funds in bitcoin, cuz whenever I buy bitcoin, I find another altcoin that I want to invest in. By buying altcoins, I was able to increase my total portfolio by 10x easily. Just look through the top 200 coins at coinmarketcap, do a little research and buy some coins you actually believe in. Solarcoin and Ethereum have both worked out very well for me!
Even you didn't have funds in bitcoin now, still your funds at majority in cryptocurrency investment.
But I know you already knows the risk and I think you have some fiat on hands as investing all our money in crypto is not the best thing to do. Majority of our funds maybe but to the point of whole is a suicide. Just remember that we must value all our profits here and not just targeting it. Meaning make sure that our profits goes well in our savings so even if we lose on a certain trade, we still have funds on backup. Improving the strategy to keep up with our goal is the key. Don't make investment as a joke.
Placing all funds into bitcoin is not a wise decision, but with a perfect planning investing into bitcoin gives the best profit. So that the profit earned through the same can be diversified on different investment platforms and the the diversification of investment will reduce the risk.
Agreed, its too risky if we do place our fund all into bitcoin now, because our projection into bitcoin to become a world currency is not the right time yet to be happen, because at the present time now Dollar is the world currency so far in the entire world.
its not a good idea to go all in on 1 thing no matter how good it looks or how much potential it can have. its always better to diversify. Right now my portfolio is 50% BTC, 25%eth, and 25% XCR. I dont have that much money but I am looking for Altcoins with high potential to put money into.
True. All of the altcoins today may seem just a cents ( eth is quiet expensive too) and in the near future they're prices will bloom because they are created right next to btc and they are the one who will serve as a pioneer coins in the development age of cryptocurrencies.
Bitcoin should be used as an investment vehicle to diversify and should not be used as a sole source of saving. You should only every take risk with currency that you can afford to loose. I personally invest 80% bitcoin, 20% altcoins both at ICO stage and currently available.
My method is to avoid buying other alts ( which because I don't have much cash ) every ICO and signature campaign im gonna join I think I will save at least 30% of the coins that I earned for future purposes because the price might increase muktitimes in a couple of years especially when it is in the exchanger.
Directing all of your funds into one channel is not a good idea for your assets. It's the best to diversifying your assets into different coins so that you don't lose it all when one decreased.
I have almost no funds in bitcoin, cuz whenever I buy bitcoin, I find another altcoin that I want to invest in. By buying altcoins, I was able to increase my total portfolio by 10x easily. Just look through the top 200 coins at coinmarketcap, do a little research and buy some coins you actually believe in. Solarcoin and Ethereum have both worked out very well for me!
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 not economically advisable to put all your capital into one investment. This is because you wouldn't know what will happen to bitcoin in time to come. Is it only good and less risky if you spread your capital into different investment opportunity that are available to you, bitcoin inclusive. In doing that you will grow your money with your mind at peace. 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.. ?
Never invest 100% of its reserves in a cryptocurrency is a particularly risky investment, an area where one is never sure of the turn and a financial event (a crash especially) can occur at any time. Nope maybe, 20% - 25% of my funds were invested to my bitcoin and the rest were already save in the bank. Because I was not really sure when the first I joined in the bitcoin but now I was sure that I was earn income using bitcoin that's why I save almost 1/4 of my funds in bitcoin. Due to I was expecting that bitcoin price were still raised up in the future.
That is a good job that 25% of your fund you invest in bitcoin that is good way and bitcoin price is also leading to high and in future its price will be more high and you earn more profit from bitcoin , and to me 25% investment is better but I think if you invest 50% fund in bitcoin, so in future I am sure you will earn more and more profit. 
Remember the popular saying; 'Don't put all your eggs in one basket" ?
The main thing there is that investing into bitcoins is very attractive and quite lucrative atimes. But investing your whole money into bitcoins is not a good plan. As at the moment bitcoins is not a major payment method, you still money in the real world to meet up with expectancies and emergencies.
The main thing there is that investing into bitcoins is very attractive and quite lucrative atimes. But investing your whole money into bitcoins is not a good plan. As at the moment bitcoins is not a major payment method, you still money in the real world to meet up with expectancies and emergencies.
I agree with you, placing all of your funds in bitcoin is a very big risk to make. Bitcoin is a very good investment but it does not mean that you have to put all of your funds there. It would be wiser if you will just invest a portion of your money just to make sure that if things did not go the way you were planning it, you will still have some money in the end.
Managing money is very hard, you have to consider the fact that money is being consumed every day and the time will come that you might not have money left in your wallet. Making sure that you still have something, like work, job and etc, which you can earn money from is very important to avoid the mentioned situation above.
Bitcoin is still not stable and we have to consider that especially if investing in bitcoin is being planned.
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.. ?
Nah just like don't do that bro.
To put all your funds to bitcoin is too dangerous.
It's not the only way to grow your money, try to invest some business or open your own. Or if you really like to invest in btc just put the 50% of it and save the remaining.
Investing without proper knowledge can lead you to a regretful life. So you better watch your move bro.
For now at least, Bitcoin seems to be the strongest and most stable crypto coin out there, but it probably wouldn't be a good idea to invest all your crypto funds into it. The only other problem is trying to figure out which other coins to invest it.
One of the worst things that you would do in bitcoins is to cash out when you don't even need money. Right now, I don't need money. I just need enough money so I can survive the world. Enough money to buy the things that I need such as food, transportation, and shelter. Other than that, I'm not going to sell my bitcoins so pretty much all of my funds are in bitcoin. Or at least 99% of it.
Don't get me wrong, though. I never invested anything in bitcoins. The money that I have is just the money that I've made from signature campaigns and bounty campaigns. I'm still a student so I don't really have money to convert to bitcoins.
Don't get me wrong, though. I never invested anything in bitcoins. The money that I have is just the money that I've made from signature campaigns and bounty campaigns. I'm still a student so I don't really have money to convert to bitcoins.
It is not necessary that you should always buy and invest in bitcoins, even what you are earning also you can save it if you are earning job salary in your daily life and in no need of fiat currency. I am use to convert my 50% of my earning of bitcoin to fiat currency as my earnings from salary is not enough to meet my expenses. and i never regret of selling in low as my needs are fullfilled through bitcoin that is the main point for me.
One of the worst things that you would do in bitcoins is to cash out when you don't even need money. Right now, I don't need money. I just need enough money so I can survive the world. Enough money to buy the things that I need such as food, transportation, and shelter. Other than that, I'm not going to sell my bitcoins so pretty much all of my funds are in bitcoin. Or at least 99% of it.
Don't get me wrong, though. I never invested anything in bitcoins. The money that I have is just the money that I've made from signature campaigns and bounty campaigns. I'm still a student so I don't really have money to convert to bitcoins.
Don't get me wrong, though. I never invested anything in bitcoins. The money that I have is just the money that I've made from signature campaigns and bounty campaigns. I'm still a student so I don't really have money to convert to bitcoins.
No, I cannot place my fund in bitcoin because I kept it in the bank. I was earn bitcoin and that's amount was fund I used in bitcoin. In additional sometimes I was converted my bitcoin into cash not cash into bitcoin.
Certainly not! Most of my previous capital and profits from an earlier business are in Bitcoin now. But some of it are still in the form of goods that will rise in value. I am an investor at heart, it is my passion. A fraction is safely kept elsewhere.
It's quite difficult for someone in my situation and country to establish and maintain a good source of income locally. So Bitcoin became a logical(maybe partially crazy) choice for me. I try to maintain several methods to ensure a certain threshold of profit and loss.
I hope it's not too late to heed us, but doing that is like placing your own life at risk. ALL your money? maybe if you are crazy, then a majority of it. But if you are wise, half or less. Then adjust according to the experience you will gain and the status of the market.
Please research and study carefully before each move that you take with Bitcoins.
It's quite difficult for someone in my situation and country to establish and maintain a good source of income locally. So Bitcoin became a logical(maybe partially crazy) choice for me. I try to maintain several methods to ensure a certain threshold of profit and loss.
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 hope it's not too late to heed us, but doing that is like placing your own life at risk. ALL your money? maybe if you are crazy, then a majority of it. But if you are wise, half or less. Then adjust according to the experience you will gain and the status of the market.
Please research and study carefully before each move that you take with Bitcoins.
Putting all your money in bitcoins lits just like an egg put in one basket. you should know how danger bitcoins can change your life but sometimes is destroying. I mean bitcoins is pumped now up to 3000$ I advice you to buy bitcoins in a very low price
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