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Topic: did you put all your money into bitcoin? - page 19. (Read 56501 times)

hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
October 12, 2016, 07:38:08 AM
I have put a fair amount of money into bitcoin but not all of it at all that would be stupid cause I have a family to feed and bills to pay.
Having a lot of bitcoin in it feels good though for the future I'll be ready when prices are going up good.
I do agree, eventhough bitcoin is a very promising investment for future, but we shouldn't risk all of our assets into bitcoin, it will be very dangerous, so when something bad can happens to bitcoin we still have another fund for living
only risk what you can afford,your statement above remind me of that sentence that's definitely useful for living guidance,investing your whole wealth without thinking twice is not wise movement though it could drive you to be poor when something that you don't expect to be comming occured
legendary
Activity: 1666
Merit: 1001
October 12, 2016, 07:10:46 AM
I have put a fair amount of money into bitcoin but not all of it at all that would be stupid cause I have a family to feed and bills to pay.
Having a lot of bitcoin in it feels good though for the future I'll be ready when prices are going up good.
I do agree, eventhough bitcoin is a very promising investment for future, but we shouldn't risk all of our assets into bitcoin, it will be very dangerous, so when something bad can happens to bitcoin we still have another fund for living
full member
Activity: 238
Merit: 100
October 12, 2016, 04:44:22 AM
You shouldn't put more than 20% of your money into bitcoin, because you can end up being a homeless, who can't pay his bills.

You don't know what can happen to bitcoin, although we all trust and cover his value, you should always be ready to the worst scenario and always make sure you have enough money on the side to cover if bitcoin falls or something happens.
sr. member
Activity: 406
Merit: 250
October 12, 2016, 04:41:41 AM
I have put a fair amount of money into bitcoin but not all of it at all that would be stupid cause I have a family to feed and bills to pay.
Having a lot of bitcoin in it feels good though for the future I'll be ready when prices are going up good.
sr. member
Activity: 462
Merit: 250
October 12, 2016, 03:58:21 AM
I didn't put all my money in bitcoin cause all my money is too valuable to me to lose right now so I don't take the risk by putting it in as an investment.
I did put a big part of money in bitcoin but only what I can afford to lose though cause like that it's riskless.
hero member
Activity: 840
Merit: 502
October 11, 2016, 01:39:15 PM
i put all of money at mining rig, gpu mining, and im very happy to make money everyday.
for me keep our money by holding is not a good solution to growing our money, better to make some interest with bitcoin mining or altcoin mining.
I would 100% agree with you.. I don't have experience of mining but what you said is obviously correct. we must use our money to increase them. this is the best choice right now.
and I also added all my money in bitcoin.. all my earning is depend on bitcoin actually.
For sure we have different ways to earn money and not all adopters know the ways to be profitable in mining, that is good but only for big mining company as in general individual miners are not profitable anymore due to high electricity cost and difficulty in mining.

You could  actually build your own mining farm as  long  you  have the money to invest  on as you said  individual mining   would  not be profitable anymore because   of many factors  like  having  a  expensive electricity  but   if you able to  buy more miners  it could somehow profitable  as  long  you are aware  on the risk involve on it and  most important at all is the  electricity cost.
It will probably a good idea like in anything to start small, you could try to mine some profitable altcoins first so you get the hang of it before doing any kind of gigantic investment.
hero member
Activity: 2870
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October 10, 2016, 11:26:47 AM
i only make about 10% of all my money and i don't think i can be brave to invest all of my money into bitcoin because i really need my money for my daily life and maybe if i have much money, i will make more invest into bitcoin.
member
Activity: 86
Merit: 10
October 10, 2016, 10:32:07 AM
I put most of my money into bitcoin how about you?
No i don't put most of  my money into bitcoin because as we know bitcoin is new in the world and price of bitcoin is fluctuating price can going up and down. You must apply management of risk on Investment.
why putting all of your money into the bitcoin i dont think that is the smartest thing you can do because lots of poeple are getting down with it never go all in
only when you know for 100 procent you will make it.
sr. member
Activity: 756
Merit: 294
October 10, 2016, 09:51:37 AM
'm save my money on bitcoins. with hold bitcoin this will be a good trading this are long-term investment, but for short-term i do it on trading ALTcoin. why not with a take a part for some chance there
its good idea to save money in bitcoin because bitcoin is very secure and safe investment and you are right that that trading in bitcoin with long term investment then we can get a big profit from bitcoin and there is a lot of people are going to buy bitcoin in huge amount and then hold their bitcoin for long term investment .
Yeah you are right that saving money in bitcoin is very good because bitcoin increasing its price too much faster and bitcoin is really very safe investment and we can get a good profit from bitcoin in the near future if we hold our bitcoin.

I am with you that bitcoin is really a good investment and its price will eventually go high as time goes by.. However, I would rather not allocate most of my money to bitcoin alone - I prefer to diversify my assets just to mitigate any for of risks - which there are many risks out there really. Invest only what you can afford to lose also.
full member
Activity: 196
Merit: 100
October 10, 2016, 08:55:06 AM
'm save my money on bitcoins. with hold bitcoin this will be a good trading this are long-term investment, but for short-term i do it on trading ALTcoin. why not with a take a part for some chance there
its good idea to save money in bitcoin because bitcoin is very secure and safe investment and you are right that that trading in bitcoin with long term investment then we can get a big profit from bitcoin and there is a lot of people are going to buy bitcoin in huge amount and then hold their bitcoin for long term investment .
Yeah you are right that saving money in bitcoin is very good because bitcoin increasing its price too much faster and bitcoin is really very safe investment and we can get a good profit from bitcoin in the near future if we hold our bitcoin.
sr. member
Activity: 756
Merit: 294
October 10, 2016, 08:07:45 AM
Why would people putting all of their money into the bitcoin you can also put evrytime a little bit into it because when you put everything on it you go all in and you got a higher risk to lose everything so i dont do that.

You are right mate. There are really people that invested most of their money to bitcoin because they have full trust and confidence to the bright future of the coin. This is also true to me but I have budgeted my asset and allocate 30% of my money to bitcoin now. Of course, I am not putting all of my money to bitcoin because there are still bills needed to be paid by fiat money.
member
Activity: 98
Merit: 10
October 10, 2016, 06:05:32 AM
Why would people putting all of their money into the bitcoin you can also put evrytime a little bit into it because when you put everything on it you go all in and you got a higher risk to lose everything so i dont do that.
hero member
Activity: 1246
Merit: 529
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October 10, 2016, 07:37:08 AM
Why would people putting all of their money into the bitcoin you can also put evrytime a little bit into it because when you put everything on it you go all in and you got a higher risk to lose everything so i dont do that.
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yeah because when it comes to our hard earned money, it sensible to be safe and placing everything you have without contingency to bitcoin is a bit too risky and not really advisable. although bitcoin right now has a lot of potential, i think you still would need to be safe and place just a certain amount of money in it
hero member
Activity: 952
Merit: 500
October 10, 2016, 04:44:59 AM
Yes I put all my money into bitcoin. Bitcoin has shown that it will have exceptional exponential growth in the next years.
I will not take the risk to miss this oppurtunity, sometimes you have to take risks and I have good feelings about this risk.
but i put my 75% assets in bitcoin and still investing more and more because i consider bitcoin as a very very safe investment and you can really get a very very  good profit if you simply hold bitcoin for some time.

Same here I put a lot of money in bitcoin not all of it though but I do consider it a safe investment.
still I only invest what I am ready to lose though cause if you don't do that you can get in a lot of financial trouble in the future.
The possible thing that will happen to you when you put a bigger amount of money with bitcoin is either you will be rich in the future or you are just wasting your time and money, but as an investor and believer as well, we should only thing of the positive things to happen as long as we can manage our loses if the outcome does not go with our way.
sr. member
Activity: 434
Merit: 250
October 10, 2016, 04:24:13 AM
Yes I put all my money into bitcoin. Bitcoin has shown that it will have exceptional exponential growth in the next years.
I will not take the risk to miss this oppurtunity, sometimes you have to take risks and I have good feelings about this risk.
but i put my 75% assets in bitcoin and still investing more and more because i consider bitcoin as a very very safe investment and you can really get a very very  good profit if you simply hold bitcoin for some time.

Same here I put a lot of money in bitcoin not all of it though but I do consider it a safe investment.
still I only invest what I am ready to lose though cause if you don't do that you can get in a lot of financial trouble in the future.
hero member
Activity: 658
Merit: 500
October 09, 2016, 10:12:58 PM
i will never put all of my money into bitcoin because if i am doing this, i will not have money in my pocket. i consider bitcoin is like an investment and for me, i will use only small or at least half of all my money so i can use my money for another purpose.

if everything will be available with bitcoin payment then I think we will not need any fiat in our pocket in order to buy any thing but we will be more happy to buy these things with bitcoin and we will feel convenient with it.
legendary
Activity: 1232
Merit: 1091
October 09, 2016, 05:20:09 PM
I can't put all my money and savings in btc because I need some fiat cash to pay bills food ecc ecc...

I try to take a good amount in btc just for play in gambling sites or basic on line expense (people offering service for btc and it's easy to pay!).

Gambling will only result in you making losses. Instead of gambling, you can choose to put that money into trading. You of course need to have some sort of knowledge and experience, but it's much better than gambling. With gambling you only depend on luck, with in potential a loss of all your money. Not something to look forward to... That's why its better to trade and not to gamble.
hero member
Activity: 896
Merit: 514
October 09, 2016, 04:22:17 PM
Below 10% is my vote but if there was an option for below 5% then i would have choose that as well,but very rarely i spend my money to buy the bitcoins because i dont know what to do with them after buying,i just gambled with them,and right now i am even earning some small amount of bitcoins so i dont need to put my money into bitcoin.
if you are going to invest below 5% then it is better not to invest any money,  i have fully trust on bitcoin and therefore i have invest 70% to 75% in bitcoin and i get a good profit every day.
you have good idea to invest your money 70% to 75% in bitcoin and i think its amount is very good for getting a big profit from bitcoin and bitcoin is very secure and safe currency so we can invest our money in huge amount in bitcoin without any worry .
member
Activity: 84
Merit: 10
October 09, 2016, 03:30:58 PM
Below 10% is my vote but if there was an option for below 5% then i would have choose that as well,but very rarely i spend my money to buy the bitcoins because i dont know what to do with them after buying,i just gambled with them,and right now i am even earning some small amount of bitcoins so i dont need to put my money into bitcoin.
if you are going to invest below 5% then it is better not to invest any money,  i have fully trust on bitcoin and therefore i have invest 70% to 75% in bitcoin and i get a good profit every day.
hero member
Activity: 924
Merit: 1001
October 09, 2016, 02:58:44 PM
I can't put all my money and savings in btc because I need some fiat cash to pay bills food ecc ecc...

I try to take a good amount in btc just for play in gambling sites or basic on line expense (people offering service for btc and it's easy to pay!).
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