did you put all your money into bitcoin? - page 30.

PacePay

hero member

Activity: 672

Merit: 500

Quote from: richardsNY on September 20, 2016, 03:41:47 PM

Quote from: Daneric on September 20, 2016, 12:03:35 PM

Bitcoin has not gained full trust of people therefore there is no way you can put all your money. it will be very bad if you put your money in bitcoin and the next day the price drops to below $100.

The price won't fall down to such levels overnight. But the main thing that makes certain people go all in, is that they think the price will go up guaranteed because of Bitcoin having a good future ahead. They don't know how to calculate risks. These people mostly end up selling their coins in panic to prevent even bigger losses. It's sad, but it's the reality. These people should stay very far away from any kind of investment.

It is nonsense to say that bitcoin will drop much deeper with that much marketcap and a large community of the world having investment in it, we have already faced the situations of price drop and we are the evident that the price of bitcoin when started to decrease then it take a longer period to drop like in the previous month the price of bitcoin started to decrease and it dropped from $650 to $550 within a whole week. Those who will stay with bitcoin for long term will not face any lose with bitcoin investment.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: Daneric on September 20, 2016, 12:03:35 PM

Bitcoin has not gained full trust of people therefore there is no way you can put all your money. it will be very bad if you put your money in bitcoin and the next day the price drops to below $100.

The price won't fall down to such levels overnight. But the main thing that makes certain people go all in, is that they think the price will go up guaranteed because of Bitcoin having a good future ahead. They don't know how to calculate risks. These people mostly end up selling their coins in panic to prevent even bigger losses. It's sad, but it's the reality. These people should stay very far away from any kind of investment.

Superways

hero member

Activity: 826

Merit: 502

Quote from: HilbillyFred on September 20, 2016, 09:57:30 AM

I did not put all my money into bitcoin and I think it's irresponsible to do that and not worth it. Even though it looks like bitcoin has a bright future I don't think the right move is to invest your whole capital into one market. That's a super ballsy move but can ruin lifes.

But the traders do that I have saw a person who just a few months before the halving sold his markets(building) and bought bitcoins with that money and I advised him that it is risky to put them and I said that no one know that what will happen at the time of halving but he was confident with his decision at that time the price of bitcoin was at $400 and then the price started to increase and he waited till the halving and after that he sold them when the price was at $650.

sukamasoto

legendary

Activity: 1148

Merit: 1006

Black Panther

Usually I'm investing bitcoin 10% amount of my salary which help me to maintain another investment since I'm owning online shop that some of it's stock came from my bitcoin investment. It's great to see bitcoin can help people in other way !

Daneric

full member

Activity: 224

Merit: 100

Bitcoin has not gained full trust of people therefore there is no way you can put all your money. it will be very bad if you put your money in bitcoin and the next day the price drops to below $100.

safari88

legendary

Activity: 1960

Merit: 1026

Quote from: chaser15 on September 20, 2016, 11:34:09 AM

Quote from: CoinsRoyal on September 20, 2016, 10:00:08 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.

I don't believe in you.

Generally, it's impossible for anyone here to put all of their money into bitcoin. So as we speak, where will you get your daily spendings now? In your salary? Well then you are not putting yet all your monmey in bitcoin.

The term would be, you put a decent amount of money in bitcoin.

I agree with you, it is impossible people will put all the money on bitcoin, including the rich will not dare to do it. unless he really did not have much money and put it all possible.

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: CoinsRoyal on September 20, 2016, 10:00:08 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.

I don't believe in you.

Generally, it's impossible for anyone here to put all of their money into bitcoin. So as we speak, where will you get your daily spendings now? In your salary? Well then you are not putting yet all your monmey in bitcoin.

The term would be, you put a decent amount of money in bitcoin.

crairezx20

legendary

Activity: 1638

Merit: 1046

Sometimes i put my money into bitcoin but not because i invest it in bitcoin its because i pay some online service domain or hosting.
Also i am depositing my money in bitcoins because i use it in trading.

CoinsRoyal

sr. member

Activity: 350

Merit: 250

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.

HilbillyFred

sr. member

Activity: 298

Merit: 250

I did not put all my money into bitcoin and I think it's irresponsible to do that and not worth it. Even though it looks like bitcoin has a bright future I don't think the right move is to invest your whole capital into one market. That's a super ballsy move but can ruin lifes.

Icathia

sr. member

Activity: 364

Merit: 250

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.

arseaboy

hero member

Activity: 644

Merit: 500

Quote from: romero121 on September 20, 2016, 07:21:01 AM

Based upon my earning from my job, on the regular basis I invest according to it. At any instance I never go with the plan of investing entire earning into it. As anything could happen with it, to be on the safer side it seems to be the right decision.

good choice never go all in because we still needs some extra for our emergency cases im also investing at least 30% of my day job earnings to btc buying little by little and just keeping it inside my wallet.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: romero121 on September 20, 2016, 07:21:01 AM

Based upon my earning from my job, on the regular basis I invest according to it. At any instance I never go with the plan of investing entire earning into it. As anything could happen with it, to be on the safer side it seems to be the right decision.

but if we put all our money into bitcoin, how we can continue in real life? we should take some parts to continue our life, like buy eat, buy something, pay the bills. its not a good idea to put all our money into bitcoin even if the rate of bitcoin is increase, we risk our life with that.

romero121

legendary

Activity: 3234

Merit: 1214

Vave.com - Crypto Casino

Based upon my earning from my job, on the regular basis I invest according to it. At any instance I never go with the plan of investing entire earning into it. As anything could happen with it, to be on the safer side it seems to be the right decision.

Skaven

sr. member

Activity: 260

Merit: 250

I didn't put ALL my money into bitcoin but just as much as I can afford to lose. This rule I also use for gambling and in a way bitcoin is like gambling to me.
I'd like to not lose all I have if this goes wrong but I'd like to be a part of the new global currency if this goes right so it's 50/50

rizkyhiw

legendary

Activity: 1484

Merit: 1004

Quote from: arwin100 on September 18, 2016, 07:11:02 AM

Quote from: rizkyhiw on September 18, 2016, 07:06:33 AM

Quote from: d@nte on September 18, 2016, 02:40:58 AM

I don't have all of my money in btcs but only some amount of my money is in btc, and some amount of my money is in alts, while some amount of my money is invested in a project of me. I hope I will earn from all of them.

never heard someone put all their fiat money for bitcoin before
it will just like a blunder , nothing can guarantee in this bitcoin world
so putting your whole money are not necessary actually
just do put your a little amount of fiat money and do more often make a transansaction , that what people should did

Never heard either and i don't have plan to do that sice i ca't risk all my moneybjust for this thing and i only allocate just only little percentage of it so whenever i lost on various program it will not really hurt mo so much and also i dont want to lose if bitcoin suddenly go down, so better for others for not dreaming to get wealthy on it, just make it a hobby and everyone will enjoy it just like what i feel right now for bitcoin.

actually you can get rich in bitcoin investment , as the price are crazy up and down high
if i remember correctly there is a guy who spent $100 only to buy bitcoin in very cheap price
and 3 years later he come back and found himself being a billionaire
he only put a little amount to invest in bitcoin and then who know he gonna be that rich because of crazy bitcoin price.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: StoreBit on September 19, 2016, 05:15:37 PM

Quote from: DuckKeeper on September 19, 2016, 09:05:51 AM

Why putting all my money into the bitcoin that would be such a stupid idea what if the bitcoin drops that low we dont have anything left that is why putting all in always bad idea.

yes it is right to say, we should not invest all the assets in one business, because if the business in which you have invested your money can drop and you can lose your all investment, therefor the best idea is to invest your assets in different business, and that is the reason that i have not invested my all assets in bitcoin.

Yeah, why invest all while we can invest few, and its not advisable really to put all your wealth in bitcoin since the price go ups and down so i wonder what will happen if price will flactuate, and if your lucky enough ypu cam really ean by it and what if price suddenly go down? You can possibly loss the half of your wealth and thats totally wrecking so better just left only little percentage of your money in bitcoin so we can make sure that we are doing some healthy invesments and not those insane ones.

noictib

hero member

Activity: 966

Merit: 515

One of the world's leading Bitcoin-powered casinos

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

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

earliar my invested 50% of my saving in bitcoin . but after the hashocean mining fraud i had reduced my investment in bitcoins . now my investment in bitcoin is 25% of my saving .

kim.apps

newbie

Activity: 56

Merit: 0

I have invested about seventy per cent of my assets in btc, i also invest my salary every month in btc, as i fulfill my necessities from the income that comes from my crops. Therefore i spare all my salary to btc, hope that in next few month btc will give me a good profit at all..

StoreBit

full member

Activity: 210

Merit: 100

Quote from: DuckKeeper on September 19, 2016, 09:05:51 AM

Why putting all my money into the bitcoin that would be such a stupid idea what if the bitcoin drops that low we dont have anything left that is why putting all in always bad idea.

yes it is right to say, we should not invest all the assets in one business, because if the business in which you have invested your money can drop and you can lose your all investment, therefor the best idea is to invest your assets in different business, and that is the reason that i have not invested my all assets in bitcoin.

Topic: did you put all your money into bitcoin? - page 30. (Read 56527 times)