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Topic: did you put all your money into bitcoin? - page 32. (Read 56567 times)

hero member
Activity: 3108
Merit: 537
Leading Crypto Sports Betting & Casino Platform
September 16, 2016, 05:40:30 AM
Yes I put all my money into bitcoin cause in my opinion bitcoin is pretty safe always managing to retain value and go back up after a bad month.
I can't say I'm not worried though cause anything can happen but I just see it as a ballsy move that can payout alot in the future.

the decentralization system of bitcoin make no people can touch our money, that's very usefull for long term investment.
we can use paperwallet for more secure investment
decentralization system have nothing to do if it's about "whether people can touch our money or not" decentralized system only make no one have control over it,and that's mean it's possible for someone to touch your money when they have access to your address
hero member
Activity: 713
Merit: 501
September 16, 2016, 05:33:15 AM
Why would I put all of my money into Bitcoin? If I did, then I would have to cash out some of them right away because I have expenses every single day. Every day, you have to buy ingredients for your food. Every day you have to come out of your house and go somewhere, this means you'll buy gas or pay for transportation everyday.

Putting as much money into Bitcoin surely will make you maximize your profit. But don't put that much money that it made you go broke in real life.
hero member
Activity: 644
Merit: 509
September 16, 2016, 05:13:05 AM
Yes I put all my money into bitcoin cause in my opinion bitcoin is pretty safe always managing to retain value and go back up after a bad month.
I can't say I'm not worried though cause anything can happen but I just see it as a ballsy move that can payout alot in the future.

the decentralization system of bitcoin make no people can touch our money, that's very usefull for long term investment.
we can use paperwallet for more secure investment
legendary
Activity: 3346
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
September 16, 2016, 04:47:56 AM
i put my money into bitcoin 70% because bitcoin is much more safest investment and its very secure and bitcoin is available in everywhere in the world for online shopping with easily transaction and too much lower fees than other .

I don't agree that bitcoin is the safest investment. Yes bitcoin is very secure but the prices are so volatile they can go anywhere.
If one bad news hits the media then the money drops so quick already it's unbelievable so I wouldn't understand anyone putting this much money in
Too many people already get lost in bitcoin and for saying if bitcoin is the safest investment it's just an irrational think considering from a lot of fact and cases about bitcoin, caused by media is having a large effect of bitcoin because the bitcoin is not having a regulated or something like that can make bitcoin is strongly
sr. member
Activity: 420
Merit: 250
September 16, 2016, 04:02:13 AM
Yes I put all my money into bitcoin cause in my opinion bitcoin is pretty safe always managing to retain value and go back up after a bad month.
I can't say I'm not worried though cause anything can happen but I just see it as a ballsy move that can payout alot in the future.
hero member
Activity: 756
Merit: 503
September 16, 2016, 04:01:00 AM
i put my money into bitcoin 70% because bitcoin is much more safest investment and its very secure and bitcoin is available in everywhere in the world for online shopping with easily transaction and too much lower fees than other .

I don't agree that bitcoin is the safest investment. Yes bitcoin is very secure but the prices are so volatile they can go anywhere.
If one bad news hits the media then the money drops so quick already it's unbelievable so I wouldn't understand anyone putting this much money in

i think we have diffirent perception, safest investment is we never lose our investment, like we invest at gold, although the price failling we still have our gold/bitcoin. we just lose in value not at pysichal bitcoin/gold.
sr. member
Activity: 420
Merit: 250
September 16, 2016, 03:58:35 AM
i put my money into bitcoin 70% because bitcoin is much more safest investment and its very secure and bitcoin is available in everywhere in the world for online shopping with easily transaction and too much lower fees than other .

I don't agree that bitcoin is the safest investment. Yes bitcoin is very secure but the prices are so volatile they can go anywhere.
If one bad news hits the media then the money drops so quick already it's unbelievable so I wouldn't understand anyone putting this much money in
legendary
Activity: 1554
Merit: 1054
September 16, 2016, 02:54:13 AM
For now i am not still putting all my money in bitcoin maybe sometimes if i really needed bitcoin i bought a small amount from 0.01 to 0.08..
I use them sometimes in gamble but most of them in trading.
Investing "all" your money is not at all recommended. Never do that. Even in this bitcoin community, no one is recommending like that. This may be the reason of, bitcoin is still an experimental project but it has proven past record and more interesting for the investors as well as for technical people.
newbie
Activity: 20
Merit: 0
September 15, 2016, 08:30:26 PM
For now i am not still putting all my money in bitcoin maybe sometimes if i really needed bitcoin i bought a small amount from 0.01 to 0.08..
I use them sometimes in gamble but most of them in trading.
hero member
Activity: 644
Merit: 509
September 15, 2016, 08:27:26 PM
Not all, but considerable part of my capital is invested in btcs, and part of it in projects with good technology and good developers, of course.

im save arround 50% of my asset at cryptocurrency (ethereum classic), of course i hope the price back to normal price 0.006btc is enough.
i know this is very high risk, but im sure i can get much profit than holding bitcoin for short time investment.
member
Activity: 70
Merit: 10
September 15, 2016, 08:14:02 PM
Not all, but considerable part of my capital is invested in btcs, and part of it in projects with good technology and good developers, of course.
legendary
Activity: 1232
Merit: 1091
September 15, 2016, 08:07:28 PM
Well, despite the fact that  I trust the technology behind it, I think putting all money in btc is still really risky, given the instability in the market.

In general, people should never ever go all in on any kind of investment as there are no guarantees that your investment will in fact pay off. Even not when it looks very promising like Bitcoin. I think a healthy investment ratio should be no more than 50% of your total wealth. I am right now sitting in the 55% investment range as the price of Bitcoin has gone up significantly, but I would not go over that 50% if it came all out of my pockets.
hero member
Activity: 574
Merit: 500
September 15, 2016, 07:43:05 PM
it is not smart to put all the eggs in one basket and then when the basket falls, you loose everything! . this is so risky and you should reconsider your decision again because bitcoin is a new invention and it is insane to put all your saving in it
member
Activity: 70
Merit: 10
September 15, 2016, 07:29:31 PM
Well, despite the fact that  I trust the technology behind it, I think putting all money in btc is still really risky, given the instability in the market.
hero member
Activity: 686
Merit: 500
September 15, 2016, 05:01:08 PM
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.

It is the feature of every currency that it fluctuate in price, so we do not have to afraid from that feature but have to understand the logic involved in its fluctuation and have to know that what factors are involved in increasing the price and what factors are involved to decrease the price, with that we will work in that way and will get a better result.
hero member
Activity: 672
Merit: 500
September 15, 2016, 01:47:26 PM
At the moment 48%of my funds are in bitcoin. Obviously that is too much, and i try to make it less, but when the price of bitcoin don't reach 700 dollars (at least) I see no reason to sell.
Because I would be a thief of my own wallet, neglecting so much loss per bitcoin.

But for sure i try to don't put more money in, since it would only increase the part bitcoin currently holds in my portfolio.
legendary
Activity: 1372
Merit: 1005
September 15, 2016, 01:00:26 PM
Spend about 10% of my main salary. Bitcoin become alternate currency which make my life get better than before I knew bitcoin.
So for now, I have multipler investment like gold, dollar , and bitcoin at the moment


Yup this good way and value of investment in bitcoin. I use to save some money in bank and I use something in my own business. I think no one will put their all money in bitcoin only because clever business person will invest in one mode.
legendary
Activity: 3052
Merit: 1281
September 15, 2016, 11:56:37 AM
I don't put any of my money into  bitcoin but i put effort into earning bitcoin.  I don't have that much extra to have a luxury of spending money to get bitcoin.  Instead I use this opportunity to earn bitcoin and help me with my monthly budget, though if someday i will have extra from my business startup, im planning to buy some of the earning of that business to bitcoin, around 5% of it I think.
legendary
Activity: 1274
Merit: 1001
September 15, 2016, 10:33:54 AM
Spend about 10% of my main salary. Bitcoin become alternate currency which make my life get better than before I knew bitcoin.
So for now, I have multipler investment like gold, dollar , and bitcoin at the moment
sr. member
Activity: 406
Merit: 250
September 15, 2016, 10:27:47 AM
My vote is with less than 10% and i expected most of the users would do this.Why would any one put all his money into bitcoin there is no reason for that,i even put about 5-10% of my money into bitcoin or even less becuase we need fiat in our real day to day life so we need fiat cash instead of bitcoins.
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