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Topic: did you put all your money into bitcoin? - page 22. (Read 56543 times)

legendary
Activity: 2688
Merit: 1065
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October 05, 2016, 01:42:50 PM
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.
legendary
Activity: 1526
Merit: 1179
October 05, 2016, 12:08:00 PM
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.
hero member
Activity: 756
Merit: 502
October 05, 2016, 11:24:07 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.
legendary
Activity: 1288
Merit: 1036
October 05, 2016, 10:43:20 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.

It's never a good thing when you put all your money into a single investment. What if you need a good amount of money in your private life? Will you sell some of your coins in order to fill that gap?

Indeed and you also have to think about the exchanging fees which occur everytime you swap bitcoin to usd and usd to bitcoin.
So swapping back to fiat would lose you alot of money over time which could be spend better elsewhere.
But, with respect to current bitcoin adoption rate by merchants in my country, I am also will be doing conversion of bitcoin into fiats and vice versa more frequently. But whenever I am putting some money into bitcoin I will be getting back fiats only when I will be having more profits which will be covering all my transaction fees.
sr. member
Activity: 338
Merit: 250
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.
sr. member
Activity: 420
Merit: 250
October 05, 2016, 08:52:21 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.

It's never a good thing when you put all your money into a single investment. What if you need a good amount of money in your private life? Will you sell some of your coins in order to fill that gap?

Indeed and you also have to think about the exchanging fees which occur everytime you swap bitcoin to usd and usd to bitcoin.
So swapping back to fiat would lose you alot of money over time which could be spend better elsewhere.
hero member
Activity: 1246
Merit: 529
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October 05, 2016, 06:45:05 AM
I put most of my money into bitcoin how about you?

I think for now this is very risky and for me personally, I can't really afford to risk everything I have one bitcoin. I placed considerable amount of my savings in it but not as such that if bitcoin crashed I will be broke.
sr. member
Activity: 406
Merit: 250
October 05, 2016, 03:38:17 AM
It is very risky if you are going to put all your money into bitcoin because the price is not really stable but there are disadvantage and as well as advantage if you are going to do that. The advantage would be, you are going to get good profit when price fluctuates higher and disadvantage when price falls, your money falls.

Indeed this is what scares me if you got your full amount of money in bitcoin and prices would drop 10% I'd go completely insane losing 10% of what i am worth just like that.
So I didn't put all my money in bitcoin but about 15% of what I own just so i can be part of it but not lose everything I have.
sr. member
Activity: 462
Merit: 250
October 05, 2016, 02:58:30 AM
I haven't put my full amount of money into bitcoin just a part because we still have to do so much with fiat everyday that it would not be worth it to put everything into bitcoin.
If by everything you mean all my saving then yes I did put all my saving into bitcoin since I believe in its value.
newbie
Activity: 23
Merit: 0
October 04, 2016, 03:37:18 PM
still 70% of my money
hero member
Activity: 840
Merit: 502
October 04, 2016, 11:13:40 AM
i never put all my amount from my pocket on internet because i want spend some money in real life and invest lower amount and work longer to get bigger amount because i am low risk businessman.
yes i also not  put all my assets in bitcoin, but still i can say that i have invested a good amount of my assets in bitcoin, and still like to invest more and more money in bitcoin, because to me the price of bitcoin is really going to increase in next few months.

Only somebody without a clear brain would conduct such an action. Let's face it, putting all your savings into something that risky is just not that smart.
I can only hope that nobody will do such a thing. Because when it comes to investing it is important to don't put all your eggs in 1 basket. Diversify your investment between; several types of investments; like crypto, real estate, bonds and stocks.
Well, it’s his money so he can do as he pleases, while the advice that you give is good one of the thing you need to understand is that by limiting risk you are also limiting your ability to earn bit as well.
sr. member
Activity: 434
Merit: 250
October 04, 2016, 09:46:44 AM
I have put all my money or almost all into bitcoin(excluding bills and grocery money) cause I believe bitcoin will raise alot in value.
When it raises in value then it's best to have as much as possible in bitcoin cause all your coin can grow to the higher value.
sr. member
Activity: 756
Merit: 294
October 04, 2016, 09:18:31 AM
I didn't put all my money into bitcoin cause that would be crazy I need my fiat to pay for bills and groceries and what now but with bitcoin I can't do this.
If I swap back bitcoin I lose alot of money for fees etc so I don't put all my money into bitcoin yet until I can pay everything.

I find it crazy also if you put all of your money to bitcoin unless your life revolves only to online stuff. But this is not always the case. There are things that need fiat money and there are things that are best use with bitcoin. That is why it is wise then to allocate your money into a diversified manner - some percentage for bitcoin, fiat investment, fiat bills, and the like.
sr. member
Activity: 476
Merit: 250
October 04, 2016, 09:12:31 AM
I didn't put all my money into bitcoin cause that would be crazy I need my fiat to pay for bills and groceries and what now but with bitcoin I can't do this.
If I swap back bitcoin I lose alot of money for fees etc so I don't put all my money into bitcoin yet until I can pay everything.
hero member
Activity: 896
Merit: 514
October 02, 2016, 04:37:22 PM
Never put all your eggs in 1 basket, that is a very important rule when you are investing. That's why I would reckon anybody to do.
I did only invest 30% of my funds into bitcoin and sure I don't get the maximum profit when bitcoin goes up, but I also don't get the max. risk when a crash happens.
Thats a good idea but you are losing opportunity to increase the amount of you profit.. since bitcoin is gradually increasing year by year and more adoption will come with bitcoin that we can use bitcoin locally just like in brazil..
Yeah we can also use bitcoin in my country because are very advance and acceptable in many place but there is some country they can not use bitcoin so they convert it to fiat then buy everything bitcoin but i am sure bitcoin will be soon conquer the world in the near future.
hero member
Activity: 658
Merit: 500
October 02, 2016, 04:13:21 PM
Never put all your eggs in 1 basket, that is a very important rule when you are investing. That's why I would reckon anybody to do.
I did only invest 30% of my funds into bitcoin and sure I don't get the maximum profit when bitcoin goes up, but I also don't get the max. risk when a crash happens.
yes that is right and i agree with you but not about bitcoin i thin k bitcoin i s100% trusted and you can even put all our  assets in bitcoin i personally invested about 75% assets in bitcoin and still going to invest moe and more because i have fully trust on bitcoin and hope that it will reach a very high level in next few months.

wow 75% assets in bitcoin is really a very high investment but it is sure that you will not lose your money as bitcoin is proved as a stronger currency among all of the crypto currencies and now we do not have to fear from the term of volatility and now it does not exist there.
legendary
Activity: 2982
Merit: 1153
October 02, 2016, 03:33:57 PM
i put my money 25% into bitcoin and save my bitcoin for long time as long term investment because i know that bitcoin price will be more going rise up because there is a lot of people are buying bitcoin in huge amount for the future they surely know that bitcoin will going to high its price sooner.
10% is my limit in putting and investment in bitcoin, I love to have a conventional approach when it comes to a more risky investment which is bitcoin, maybe I will increase a little in the future but that depends on the market situation.

10% is a good stuff  i would also do this but at this point im not buying bitcoin but working for it instead.  Meaning 100% of my effort in a  job is in bitcoin.   And then convertin 80% of it to cash and 20% stayed as bitcoin for trading and investing in ICO's.  I can say this is pretty effective for me.

I like this strategy as it reflects the way I do currently in my finances. However, I am the other way around, I am budgeting 20% of my cash to bitcoin and the rest of the cash are for bills, entertainment, and brick and mortar investment. I use bitcoins for online casino investment, loan and earn from interest, sports betting, and trade. I want also to check the ICO investing - looks very interesting.

same here i think 10% profit and do it  regularly is great strategy.  Better to have constant 10% than one time  1000% which happen once in a blue moon lol.  As of my pie of my cash, i have none for bitcoin instead i give 1/6 of my pie in my 24 hours for bitcoin activities to earn and bag some satoshi from bounties and tasks.
sr. member
Activity: 308
Merit: 250
October 02, 2016, 02:28:35 PM
Never put all your eggs in 1 basket, that is a very important rule when you are investing. That's why I would reckon anybody to do.
I did only invest 30% of my funds into bitcoin and sure I don't get the maximum profit when bitcoin goes up, but I also don't get the max. risk when a crash happens.
yes that is right and i agree with you but not about bitcoin i thin k bitcoin i s100% trusted and you can even put all our  assets in bitcoin i personally invested about 75% assets in bitcoin and still going to invest moe and more because i have fully trust on bitcoin and hope that it will reach a very high level in next few months.
sr. member
Activity: 756
Merit: 294
October 02, 2016, 12:47:43 AM
15-25% is my limit if i want to put some of my money into bitcoin when the price is low.. sometimes i just invest in bitcoin for emergency purposes to refill or renew my subscription in my domain in namecheap.. i am happy that namecheap also accepting bitcoins for domain.. unlike before.

I have just replied to one of your posts here BitMaxz Smiley I only use namecheap in all of my domain purchases.. I gotta feel that you are really good with SEO and have some niche you dominate Smiley I do some SEO also but no real big successes. I am thinking of we can possibly colaborate on a certain SEO project relating to bitcoin. Let me know if you are also interested to that and we can just pm each other Wink
legendary
Activity: 3472
Merit: 3217
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October 02, 2016, 12:23:51 AM
15-25% is my limit if i want to put some of my money into bitcoin when the price is low.. sometimes i just invest in bitcoin for emergency purposes to refill or renew my subscription in my domain in namecheap.. i am happy that namecheap also accepting bitcoins for domain.. unlike before.
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