did you put all your money into bitcoin? - page 21.

gabmen

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Quote from: robertkedves on October 06, 2016, 06:55:55 AM

Quote from: intrader on July 02, 2016, 08:30:20 AM

I put most of my money into bitcoin how about you?

It is not very recommended to do that.

However i think bitcoin (blockchain technology) will be the next generation of money all over the world. It is a very good to investment...but never...never go all in, no matter what.

Risky especially if you do it now. Although bitcoin really is very promising in the future, puttting all your money in it without backup is too much of a risk for me.

robertkedves

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Quote from: intrader on July 02, 2016, 08:30:20 AM

I put most of my money into bitcoin how about you?

It is not very recommended to do that.

However i think bitcoin (blockchain technology) will be the next generation of money all over the world. It is a very good to investment...but never...never go all in, no matter what.

sishendaoye

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I did not put all my money into bitcoin because I need to pay my bills and I can't pay alot of them with bitcoins ofcourse.
Swapping bitcoin back to fiat costs too much money to deposit all my fiat into bitcoin.

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Quote from: freedomgo on October 06, 2016, 03:17:48 AM

Quote from: doomistake on October 06, 2016, 03:11:05 AM

I don't put all my bitcoin in bitcoin because I need more cash than bitcoins because it is really hard to use bitcoin always since not all the stores or other departments accepts bitcoin as a payment for everything we buy that's why cash is still preferred by most of us but I'm not saying that I hate bitcoins, it's just that I just prefer on using it in real life and I'm only using bitcoins in buying stuff online and so on.

Well, under the circumstances you cannot put a money in bitcoin, you need money so you will keep it. For me, putting our money in bitcoin is already an act of investment and we might grow that amount or lose it depends on the market performance of bitcoin, so if you are not ready to lose do never gamble it.

That is the reason we must invest into bitcoin, only the money we are having in surplus.

Because there are a lot of transaction fees involved in buying and selling bitcoins so quickly going for converting back the invested money into bitcoin will end up in wasting some money in transaction fees.
We must plan up accordingly, so that we could prevent wasting money.

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Quote from: RealPhotoshoper on October 06, 2016, 12:25:03 AM

Quote from: chaser15 on October 06, 2016, 12:01:27 AM

Quote from: mace15 on October 05, 2016, 11:06:18 PM

I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

And that is not a good idea.

There are other more ways to earn while taking advantage in the price fluctuations in bitcoin. So just put some portion of the money in bitcoin and make rooms for others too for regular earnings purposes.

i wonder who holding bitcoin without have fiat money, i guess noone.
so put the whole money to bitcoin is not really necsessary , as put half of your money more than enough.
bitcoin is a good long term investment , if you put all money to bitcoin hard to live for now.

Yes and to be able to get profits just by holding bitcoin, people needs to wait for more time as price fluctuates much. So how's the deal with other spendings if they will just rely on bitcoin alone which they didn't know when is the right time to sold their hold coins?

So another source of income or earnings must take placed while waiting for their "right time" in bitcoin.

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Quote from: doomistake on October 06, 2016, 03:11:05 AM

I don't put all my bitcoin in bitcoin because I need more cash than bitcoins because it is really hard to use bitcoin always since not all the stores or other departments accepts bitcoin as a payment for everything we buy that's why cash is still preferred by most of us but I'm not saying that I hate bitcoins, it's just that I just prefer on using it in real life and I'm only using bitcoins in buying stuff online and so on.

Well, under the circumstances you cannot put a money in bitcoin, you need money so you will keep it. For me, putting our money in bitcoin is already an act of investment and we might grow that amount or lose it depends on the market performance of bitcoin, so if you are not ready to lose do never gamble it.

doomistake

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I don't put all my bitcoin in bitcoin because I need more cash than bitcoins because it is really hard to use bitcoin always since not all the stores or other departments accepts bitcoin as a payment for everything we buy that's why cash is still preferred by most of us but I'm not saying that I hate bitcoins, it's just that I just prefer on using it in real life and I'm only using bitcoins in buying stuff online and so on.

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Quote from: RealPhotoshoper on October 06, 2016, 12:25:03 AM

Quote from: chaser15 on October 06, 2016, 12:01:27 AM

Quote from: mace15 on October 05, 2016, 11:06:18 PM

I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

And that is not a good idea.

There are other more ways to earn while taking advantage in the price fluctuations in bitcoin. So just put some portion of the money in bitcoin and make rooms for others too for regular earnings purposes.

i wonder who holding bitcoin without have fiat money, i guess noone.
so put the whole money to bitcoin is not really necsessary , as put half of your money more than enough.
bitcoin is a good long term investment , if you put all money to bitcoin hard to live for now.

Yeah, That's right. It has hard to wait for the price of bitcoin to rise and if you will put all your money in bitcoin you cannot directly spend it as you will need to have the right timing so you will not lose in value every time you spend.

RealPhotoshoper

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Quote from: chaser15 on October 06, 2016, 12:01:27 AM

Quote from: mace15 on October 05, 2016, 11:06:18 PM

I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

And that is not a good idea.

There are other more ways to earn while taking advantage in the price fluctuations in bitcoin. So just put some portion of the money in bitcoin and make rooms for others too for regular earnings purposes.

i wonder who holding bitcoin without have fiat money, i guess noone.
so put the whole money to bitcoin is not really necsessary , as put half of your money more than enough.
bitcoin is a good long term investment , if you put all money to bitcoin hard to live for now.

chaser15

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Quote from: mace15 on October 05, 2016, 11:06:18 PM

I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

And that is not a good idea.

There are other more ways to earn while taking advantage in the price fluctuations in bitcoin. So just put some portion of the money in bitcoin and make rooms for others too for regular earnings purposes.

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Quote from: freedomgo on October 05, 2016, 11:52:27 PM

Quote from: mace15 on October 05, 2016, 11:06:18 PM

I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

Due to volatility we cannot ensure what will be the value of money whenever we need it, I mean maybe we should only put the money that we can afford to lose and never consider that putting our money in bitcoin is a form of savings because it will never be like that.

VOlatility would be the biggest problem regarding if we intend to put all of our money and assets into bitcoin because it would really affect the value of your money because of moving prices of bitcoin. As you said we must put only on the amount which we can afford to loose.

freedomgo

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Quote from: mace15 on October 05, 2016, 11:06:18 PM

I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

Due to volatility we cannot ensure what will be the value of money whenever we need it, I mean maybe we should only put the money that we can afford to lose and never consider that putting our money in bitcoin is a form of savings because it will never be like that.

mace15

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I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

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Quote from: NordicRanger on October 05, 2016, 10:39:43 PM

I did not put a lot of money into the bitcoin and I'm also not willing to do this because its stays a risky investment and I do not want to lose too much money on it.
I think that its not bad to only but small amounts in it.

Only fool will put all their money in bitcoins, we cannot ensure that the future of bitcoin will be successful and we are trusting our entire money with bitcoin, we still have a future and we will have a family and when that happens, it is like we are risking the life of our children, I cannot gamble to do that.

NordicRanger

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I did not put a lot of money into the bitcoin and I'm also not willing to do this because its stays a risky investment and I do not want to lose too much money on it.
I think that its not bad to only but small amounts in it.

Superbitzz

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Quote from: skibibenny on October 04, 2016, 03:37:18 PM

still 70% of my money

yes i also put about 75% of my money but i am still investing more and more, and the reason is that i have fully trust on bitcoin and want to invest more and more because the price of bitcoin is expecting to increase more and more in next few months.

bitcoinisbest

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Basic rule which everyone know whether its btc or any other thing is that never put o=money in one thing. use diversification and hence you would be in the best position in terms of liquidity and returns in financial world.

chaser15

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Quote from: BitHodler on October 05, 2016, 12:08:00 PM

Quote from: elyas772 on October 05, 2016, 11:24:07 AM

Quote from: Legasean on October 05, 2016, 09:16:15 AM

Why putting all of my money into the bitcoin if the biutcoin crashes all my money would be lost so i dont think that is very clever you know. SO when you want to put all in never put really all in just a sugestion.

agree with your opinion, put all of our money in bitcoin is something wrong, we must ready for any case, we must save our money at fiat too, or maybe in gold or property.

Diversity of investments in your portfolio is always a good thing, but in some cases it's better to have only one or two investments where you have your money in.

If I personally had to choose two investment options, then one of them will be Bitcoin for obvious reasons, and the other one would be Gold.

Mainly because of the fact that real estate prices are too damn high at this point. I never buy myself into a bubble.

And it's never a bad idea to only have a single investment if people are really getting decent profit out of that investment.

In real world, there are succesful businessman who really touches the stage of being a rich one even with only sole investment and business.

BitHodler

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Quote from: elyas772 on October 05, 2016, 11:24:07 AM

Quote from: Legasean on October 05, 2016, 09:16:15 AM

Why putting all of my money into the bitcoin if the biutcoin crashes all my money would be lost so i dont think that is very clever you know. SO when you want to put all in never put really all in just a sugestion.

agree with your opinion, put all of our money in bitcoin is something wrong, we must ready for any case, we must save our money at fiat too, or maybe in gold or property.

Diversity of investments in your portfolio is always a good thing, but in some cases it's better to have only one or two investments where you have your money in.

If I personally had to choose two investment options, then one of them will be Bitcoin for obvious reasons, and the other one would be Gold.

Mainly because of the fact that real estate prices are too damn high at this point. I never buy myself into a bubble.

elyas772

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Quote from: Legasean on October 05, 2016, 09:16:15 AM

Why putting all of my money into the bitcoin if the biutcoin crashes all my money would be lost so i dont think that is very clever you know. SO when you want to put all in never put really all in just a sugestion.

agree with your opinion, put all of our money in bitcoin is something wrong, we must ready for any case, we must save our money at fiat too, or maybe in gold or property.

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