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Topic: did you put all your money into bitcoin? - page 25. (Read 56543 times)

hero member
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September 28, 2016, 04:42:47 PM
i put most of my money but not the all. i keep some for my daily uses. i have my family and i am supporting it. i have one brother one sister mother and wife with 3 children. i am supporting them so i have to keep some money with m self to fulfill their needs and demands.
Off course am i not putting al of  my money into the bitcoin why would i do that when he can fall down that much and real money wont lose his worth offcourse,
Fiat loses its value every minute of every single day that is called inflation, in fact fiat currencies are one of the worst ways to try to store value and the dollar has lost more than 95% purchasing power.
That is because of the economy of our country but since bitcoin cannot function without fiat or without the support of fiat we have to deal with it, so if you are afraid you are losing the value of your money when you just save it in the bank, better allocate a portion of it for investment.
Bitcoin is money so it can function without fiat, the only reason that is not happening right now is because the adoption of bitcoin has been slow that is all.

Maybe it's slow for now but for what i see the development and progress for bitcoin is really good and provably the adoption will be more slowly faster in this incoming future, and if company will see that flactuation is not a barricade for this aspect i think many of them will jump off and accept bitcoin as their processor and so for now we only need to continue use it as support for bitcoin and its advisable also to not put any huge amount so the loss will not hurt us so much when price sudden down.
hero member
Activity: 742
Merit: 500
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September 28, 2016, 04:26:49 PM
I put most of my money into bitcoin how about you?

No i didn't put all of my money into bitcoins as it is very risky,and also you can't use bitcoins in every store you i leave some fiat money for normal stores too

Exactly. Actually I'd put all my money into bitcoin I don't mind to live risky but the bad thing is I can't use it everywhere and converting back everytime is costing me money so this stops me from putting all my money in btc.

You have to get a bitcoin debit card so after that you will be use your bitcoin on all of those places where you are using your money in credit cards as these credit cards are from Visa and MasterCard and you will use them normally.
hero member
Activity: 840
Merit: 502
September 28, 2016, 04:14:33 PM
i put most of my money but not the all. i keep some for my daily uses. i have my family and i am supporting it. i have one brother one sister mother and wife with 3 children. i am supporting them so i have to keep some money with m self to fulfill their needs and demands.
Off course am i not putting al of  my money into the bitcoin why would i do that when he can fall down that much and real money wont lose his worth offcourse,
Fiat loses its value every minute of every single day that is called inflation, in fact fiat currencies are one of the worst ways to try to store value and the dollar has lost more than 95% purchasing power.
That is because of the economy of our country but since bitcoin cannot function without fiat or without the support of fiat we have to deal with it, so if you are afraid you are losing the value of your money when you just save it in the bank, better allocate a portion of it for investment.
Bitcoin is money so it can function without fiat, the only reason that is not happening right now is because the adoption of bitcoin has been slow that is all.
hero member
Activity: 952
Merit: 500
September 28, 2016, 12:58:19 AM
i put most of my money but not the all. i keep some for my daily uses. i have my family and i am supporting it. i have one brother one sister mother and wife with 3 children. i am supporting them so i have to keep some money with m self to fulfill their needs and demands.
Off course am i not putting al of  my money into the bitcoin why would i do that when he can fall down that much and real money wont lose his worth offcourse,
Fiat loses its value every minute of every single day that is called inflation, in fact fiat currencies are one of the worst ways to try to store value and the dollar has lost more than 95% purchasing power.
That is because of the economy of our country but since bitcoin cannot function without fiat or without the support of fiat we have to deal with it, so if you are afraid you are losing the value of your money when you just save it in the bank, better allocate a portion of it for investment.
hero member
Activity: 840
Merit: 502
September 27, 2016, 05:13:46 PM
i put most of my money but not the all. i keep some for my daily uses. i have my family and i am supporting it. i have one brother one sister mother and wife with 3 children. i am supporting them so i have to keep some money with m self to fulfill their needs and demands.
Off course am i not putting al of  my money into the bitcoin why would i do that when he can fall down that much and real money wont lose his worth offcourse,
Fiat loses its value every minute of every single day that is called inflation, in fact fiat currencies are one of the worst ways to try to store value and the dollar has lost more than 95% purchasing power.
sr. member
Activity: 336
Merit: 250
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September 27, 2016, 04:34:46 PM
I never put all my money into the bitcoin and I also would never do this I right now put in under the 10% of my net worth so I think that is good.
The bitcoin stays a risky investment.
legendary
Activity: 1372
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September 27, 2016, 12:57:13 PM
I put most of my money into bitcoin how about you?

No i didn't put all of my money into bitcoins as it is very risky,and also you can't use bitcoins in every store you i leave some fiat money for normal stores too

True this is a problem what has to be adressed asap and what stops most people from using bitcoin more often.
We need it to be accepted more globally cause right now we can barely buy a coffee with it which sucks if i am honest.

I don't think it is the honest answer from you because why I am saying this is people from the forum will have the reason as price stability in Bitcoin because we can't speculate the value when will it rise and when will it fall.
hero member
Activity: 616
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September 27, 2016, 10:20:29 AM
I put most of my money into bitcoin how about you?

No i didn't put all of my money into bitcoins as it is very risky,and also you can't use bitcoins in every store you i leave some fiat money for normal stores too

True this is a problem what has to be adressed asap and what stops most people from using bitcoin more often.
We need it to be accepted more globally cause right now we can barely buy a coffee with it which sucks if i am honest.
sr. member
Activity: 448
Merit: 250
September 27, 2016, 09:46:06 AM
I put most of my money into bitcoin how about you?

No i didn't put all of my money into bitcoins as it is very risky,and also you can't use bitcoins in every store you i leave some fiat money for normal stores too

Exactly. Actually I'd put all my money into bitcoin I don't mind to live risky but the bad thing is I can't use it everywhere and converting back everytime is costing me money so this stops me from putting all my money in btc.
hero member
Activity: 644
Merit: 500
September 27, 2016, 07:21:21 AM
in all my bussines iam never all in my money
this use bitcoin iam only use 10% in my capital money
Well, we have our own way to manage our money and whatever our decision we are going to enjoy the outcome or suffer the consequences if we make a wrong decision, putting all our money in one basket is not advisable in investment because if we failed with our investment we will lose everything, that is a big risky decision and we might not like to suffer in the end.
thats right mate the risk of getting busted should always be taking place as we all knew we cant predict what will happen to our future so better to have plan b if ever we failed the first one.
legendary
Activity: 3318
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September 27, 2016, 07:18:47 AM
in all my bussines iam never all in my money
this use bitcoin iam only use 10% in my capital money
Well, we have our own way to manage our money and whatever our decision we are going to enjoy the outcome or suffer the consequences if we make a wrong decision, putting all our money in one basket is not advisable in investment because if we failed with our investment we will lose everything, that is a big risky decision and we might not like to suffer in the end.
member
Activity: 112
Merit: 10
September 27, 2016, 04:50:20 AM
in all my bussines iam never all in my money
this use bitcoin iam only use 10% in my capital money
full member
Activity: 210
Merit: 100
September 27, 2016, 04:47:09 AM
i put most of my money but not the all. i keep some for my daily uses. i have my family and i am supporting it. i have one brother one sister mother and wife with 3 children. i am supporting them so i have to keep some money with m self to fulfill their needs and demands.
Off course am i not putting al of  my money into the bitcoin why would i do that when he can fall down that much and real money wont lose his worth offcourse,
of course, all people will not and can not to put all their money on bitcoin, the risk is too big.
because yes they all have daily needs. do not put money over 50% in the bitcoin is the right choice.
I myself just put less than 50%.

Even 15-30% would be enough already, as you said  we need money for our daily needs and expenses and   putting  up all of your assets on bitcoin would  be risky because  of  unstable price of bitcoin. Most of us here does  have  high hopes for bitcoin to rise its price in the future.
Yes making investment into bitcoin with a lot of amount is very high risk, the bitcoin is still new in instrument of investments, it is need time for knowing, is it can survive and worth as instrument of investments or not.
legendary
Activity: 1386
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September 27, 2016, 04:41:13 AM
i put most of my money but not the all. i keep some for my daily uses. i have my family and i am supporting it. i have one brother one sister mother and wife with 3 children. i am supporting them so i have to keep some money with m self to fulfill their needs and demands.
Off course am i not putting al of  my money into the bitcoin why would i do that when he can fall down that much and real money wont lose his worth offcourse,
of course, all people will not and can not to put all their money on bitcoin, the risk is too big.
because yes they all have daily needs. do not put money over 50% in the bitcoin is the right choice.
I myself just put less than 50%.

Even 15-30% would be enough already, as you said  we need money for our daily needs and expenses and   putting  up all of your assets on bitcoin would  be risky because  of  unstable price of bitcoin. Most of us here does  have  high hopes for bitcoin to rise its price in the future.
legendary
Activity: 1554
Merit: 1014
September 27, 2016, 04:21:31 AM
i put most of my money but not the all. i keep some for my daily uses. i have my family and i am supporting it. i have one brother one sister mother and wife with 3 children. i am supporting them so i have to keep some money with m self to fulfill their needs and demands.
Off course am i not putting al of  my money into the bitcoin why would i do that when he can fall down that much and real money wont lose his worth offcourse,
of course, all people will not and can not to put all their money on bitcoin, the risk is too big.
because yes they all have daily needs. do not put money over 50% in the bitcoin is the right choice.
I myself just put less than 50%.
sr. member
Activity: 364
Merit: 250
September 27, 2016, 04:15:25 AM
i put most of my money but not the all. i keep some for my daily uses. i have my family and i am supporting it. i have one brother one sister mother and wife with 3 children. i am supporting them so i have to keep some money with m self to fulfill their needs and demands.
Off course am i not putting al of  my money into the bitcoin why would i do that when he can fall down that much and real money wont lose his worth offcourse,
legendary
Activity: 1414
Merit: 1002
= jasad =
September 27, 2016, 03:50:41 AM
I would put only 10%, because nothing is for sure in crypto, if bitcoin can go up or go down, so if you want to safe your money I don't think you should put all in it. You can't be sure if someday bitcoin may drop considerably in price.
nothing sure , but bitcoin have teach us how sure it is ,
when the price of bitcoin $2 only , few people trust nothing to bitcoin ,
until bitcoin proven itself by go up extremely to 3,000% ,
you should learn from it , and put nothing doubt in bitcoin , invest as much as you can.
You have a point though  and  no  one expects  for bitcoin to rise up like these.  How much more if you bought  bitcoin in just 0.70$  then for sure  you would  have no idea if it rises in the future. Same on the  situation of  us ,as of now  we would still  feel the same thing  which a little  bit hindrance to invest more in bitcoins and thinking  that  it wont   rise   like before back on previous  years.
you just have so much regret did not take a part of being an early adopter ,
i believe everyone will have same feeling too ,
imagine if you put all money you have that time when bitcoin worth $2 only?
so don't miss the chance for the second time! today is the time to keep investing and put your money in bitcoin.
We should not regret because we still have the chance to make money, bitcoin is still in the early phase base on the rate of adoption, so in my point of view we have still more room to grow, therefore we should ride with it to have a good future with bitcoin.
but people have so much doubt in bitcoin ,
that the bitcoin price can bounce back 300 times like from $2 to $600 now?
feel like impossible to see $600 to $180,000 then?
if you tell this to investors they will just think it is a scam.
sr. member
Activity: 434
Merit: 250
September 27, 2016, 03:31:01 AM
I didnt put all my money into bitcoin because thats too ambitious and extreme IMO and I don't want to take that risk.
That being said I did invest a good amount into it enough to give me great returns over time.

Indeed I also don't put all my money simply because it's way too risky but I would put a good share on it if I would be able to afford that, but for now I put a small amount of money into bitcoin.
legendary
Activity: 3108
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September 27, 2016, 02:22:24 AM
I just did. $0 in my pocket. Cheesy it feels so awesome to have only Bitcoin now. I am waiting for the winter. This Christmas, I'm going to sell all. Profit!

I hope that you are just joking since putting all your money in Bitcoin to a level where you don't have any money left, is beyond insane. Also, the way you are talking, you make it look like you are expecting a guaranteed return in the coming months. There is no such a thing as guaranteed returns when it comes to Bitcoin. You always need to understand the risk of seeing the price fall down to much lower than current levels.
That's just like a troll, I'm not sure if he is already putting all money into the bitcoin, and the important things that are just a statement and everyone is can editing in the outside the fact every time.

Agree, we cant really prove that hes saying the  truth  or hes just trolling  in this forum regarding with the topic since he mentioned that he put his all money into bitcoin which is  an  unbelievable thing for a person  to do such actions since its so risky to put all your assets which somehow doesnt even guarantee you  to make  sure returns for your money.

if he said its true, then we can do nothing with his money, so if one reason he can not make any profit, then you should not blame us for making the mistake. because we don't know how much bitcoin rate will be up and will be down, we just can play with trading and hope that we can make a good profit with trade bitcoin-usd.

but if for some other reason he don't tell the truth, we can do nothing because all of he's done is nothing related to us and we don't know what is he thinking to invest all money into bitcoin. we can't blame him, maybe he is really confident with this situation and want to make investment with his money.

You have a point,  we cant really stop him on making in his own decision  on putting all his money to bitcoin because  he might be aware already on the risk but still  he would like  to risk big  money to gain big money but theres no guarantee that it would happen to future because  no one  would tell  on what  would be the bitcoins price in  upcoming years.
Sticking to the investing  principle will make us safe, always invest the amount of money that we can afford to lose, we should not be greedy when it comes to investment especially on a high risk investment like bitcoin, because we still have a future and we will still spend in the future, what if bitcoin will not succeed.
hero member
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September 26, 2016, 11:11:03 PM
I just did. $0 in my pocket. Cheesy it feels so awesome to have only Bitcoin now. I am waiting for the winter. This Christmas, I'm going to sell all. Profit!

I hope that you are just joking since putting all your money in Bitcoin to a level where you don't have any money left, is beyond insane. Also, the way you are talking, you make it look like you are expecting a guaranteed return in the coming months. There is no such a thing as guaranteed returns when it comes to Bitcoin. You always need to understand the risk of seeing the price fall down to much lower than current levels.
That's just like a troll, I'm not sure if he is already putting all money into the bitcoin, and the important things that are just a statement and everyone is can editing in the outside the fact every time.

Agree, we cant really prove that hes saying the  truth  or hes just trolling  in this forum regarding with the topic since he mentioned that he put his all money into bitcoin which is  an  unbelievable thing for a person  to do such actions since its so risky to put all your assets which somehow doesnt even guarantee you  to make  sure returns for your money.

if he said its true, then we can do nothing with his money, so if one reason he can not make any profit, then you should not blame us for making the mistake. because we don't know how much bitcoin rate will be up and will be down, we just can play with trading and hope that we can make a good profit with trade bitcoin-usd.

but if for some other reason he don't tell the truth, we can do nothing because all of he's done is nothing related to us and we don't know what is he thinking to invest all money into bitcoin. we can't blame him, maybe he is really confident with this situation and want to make investment with his money.

You have a point,  we cant really stop him on making in his own decision  on putting all his money to bitcoin because  he might be aware already on the risk but still  he would like  to risk big  money to gain big money but theres no guarantee that it would happen to future because  no one  would tell  on what  would be the bitcoins price in  upcoming years.
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