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Topic: did you put all your money into bitcoin? - page 33. (Read 56545 times)

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
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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.
sr. member
Activity: 252
Merit: 250
September 15, 2016, 10:25:07 AM
Why would people putting all of their money into the bitcoin you can also put evrytime a little bit into it because when you put everything on it you go all in and you got a higher risk to lose everything so i dont do that.

Yeah exactly just keep putting little bits into bitcoin (no pun intended) and then its much more safe then putting all you have into the bitcoin.
Like this you'll still profit from price increases but you will also have money incase bitcoin fails. So no reason to put everything in.
legendary
Activity: 3318
Merit: 1185
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September 15, 2016, 04:22:36 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.

So are they right that it is a gamble?

But look. It didnt even take a year to double its price and it is almost tripled. So it is not really a gamble for me. It is more of patience, if you can handle stopping yourself from withdrawing it then it would be better. You can just add up some more whenever you have spare.
wow good for you if you can really not touch it you will earn more and treat it as an investment placing your spare money is also a good idea jut keep it and never panic because for sure the fluctuation will results to  a positive ways.
Treat it as your future investment that will take care of your dreams, if bitcoin will be successful we can surely see that our investment will grow and my advise that while the price is still cheap consider adding your investment regularly until your reach a good amount that will give you a decent income.
hero member
Activity: 1302
Merit: 540
September 14, 2016, 02:49:10 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.

So are they right that it is a gamble?

But look. It didnt even take a year to double its price and it is almost tripled. So it is not really a gamble for me. It is more of patience, if you can handle stopping yourself from withdrawing it then it would be better. You can just add up some more whenever you have spare.
wow good for you if you can really not touch it you will earn more and treat it as an investment placing your spare money is also a good idea jut keep it and never panic because for sure the fluctuation will results to  a positive ways.
legendary
Activity: 3346
Merit: 1134
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September 13, 2016, 11:54:40 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.

So are they right that it is a gamble?

But look. It didnt even take a year to double its price and it is almost tripled. So it is not really a gamble for me. It is more of patience, if you can handle stopping yourself from withdrawing it then it would be better. You can just add up some more whenever you have spare.
legendary
Activity: 2688
Merit: 1065
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September 13, 2016, 11:13:14 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.

For any investment, it's really bad to put all your eggs there. It's a must you still have some in your savings and financial backup.

A common business put big capital in as starting one but they never played to go all in to at least minimize the possible loss. But in here, they aren't thinking that their investment will fall and have only a sole mindset that they will take care of their chosen investment.

Applies also if a person wants to invest their money into bitcoin.
hero member
Activity: 2646
Merit: 584
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September 13, 2016, 11:10:05 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.
hero member
Activity: 826
Merit: 502
September 13, 2016, 06:46:57 PM
iam invest to bitcoin not all in my capital money
iam only use 20% from my capital money
iam use bitcoin to trading altcoin and bitcoin pair fiat money
It is always a good decision not to put all our money in one investment, although bitcoin is very progressive right now and it has a lot of potential to grow in the future but there are still possibilities that it will not succeed, at least we have something left when bitcoin failed.

You are right that we do not have to invest all of our money in one place and have to diversify our investment, but it is not right that with bitcoin we will lose our money, bitcoin is now much stronger and we cannot say that it will ever fail. Now the time has gone when we were in doubt about the future of bitcoin as it is now much clear than bitcoin is a permanent online currency.
full member
Activity: 196
Merit: 100
September 13, 2016, 06:15:51 PM
I have put my full money onto bitcoin and only withdraw for my rent and bills cause bitcoin will have a very high price soon and i want to be fully attented at that point and fully invested.
Then when it's up high I will sell all and basicly profit from it like it's interest I just hope it doesn't go back down and reach sub 500 cause that would lose me alot of money I bough them when they were 500 and i wait till 700 atleast.
although there is nothing wrong in bitcoin and really trusted but still i do not believe to put all your assets in one place you should always divide you assets in different business so as to minimize the risk of loosing all your assets in one time.
hero member
Activity: 672
Merit: 500
September 13, 2016, 06:06:51 PM
As of now i never any money in bitcoins because i am just poor.. looking for extra job to live i am not finished in my study. never experience to in collage.
For now collecting is my hobby and to have a good future about bitcoins ..

You are an educated person so you will have to learn almost all the concepts related to bitcoin and should have to get more skills and have to start online job .It is sure that you will be able to earn a lot from online job and then you will be able to fulfill all of your expenditures.
sr. member
Activity: 252
Merit: 250
September 13, 2016, 04:21:03 PM
the biggest challenge is the problem of safe storage BTC
yes that is really a big problem and that should be solve in priority basis but i think you do no have any other option and you must have to take risk because we cannot stop using bitcoin because of this problem.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
September 13, 2016, 04:17:23 PM
I put most of my money into bitcoin how about you?
Not all that difficult because there is no guarantee that invest primarily in the online as well as in bitcoin so better to go a little bit just for investment lose if we do not get hurt too because we know that just a little bit lost in us. Thus the percentage is low enough to be investment in the online investment . So 10% is enough and hope i can grow them here in bitcoin world.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
September 13, 2016, 04:55:38 AM
No , i put about 75% of my money as i voted 75% on the poll .most of my money are on trading investment about 65% of 75  and the least 10% is for emergency withdrawal on my wallet . I use to risk on trading because i know if i do successful trade even it is about 1month of waiting it surely make my money grow as i reinvest again until i have the right amount for me to withdraw and buy me some goods .
I believe and doing the thing that don't put all your eggs in one basket .that what makes me save a different portion of my money.
seems like you already realize about all of the advantages and disadvantages in bitcoin until you're wanna for investing a lot of the percentage of your amount in bitcoin. but you're best caused by can filling your life with just a little percentage of you amount. i just learning for every of your word.
sr. member
Activity: 407
Merit: 250
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September 13, 2016, 04:02:32 AM
I invested less than half that... I believe that bitcoin has potential, but there is also a relatively high risk. I believe that, even in the safest investments, it is never a wise decision to put all the money in a single investment.
sr. member
Activity: 338
Merit: 250
September 13, 2016, 03:44:47 AM
If i need to put all of my money into the bitcoin i need to be sure that i will make allot of money with it otherwise i wont put all of my deserved money into the bitcoin that would be very stupid.
sr. member
Activity: 244
Merit: 250
September 13, 2016, 03:44:44 AM
Off course am i not putting all of my money into the bitcoin because you will never know what will happen to the price if you are putting everything into the bitcoin maybe he drops to the half your money is gone for ever.
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
September 13, 2016, 03:04:44 AM
iam invest to bitcoin not all in my capital money
iam only use 20% from my capital money
iam use bitcoin to trading altcoin and bitcoin pair fiat money
It is always a good decision not to put all our money in one investment, although bitcoin is very progressive right now and it has a lot of potential to grow in the future but there are still possibilities that it will not succeed, at least we have something left when bitcoin failed.

That's true, bitcoin as a digital currency have grown to such high range in a very short time, but the continued adoption helps users to earn more with bitcoin but one should not have the entire asset in bitcoin, because it experience growth but their is no assurance about future.
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