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Topic: did you put all your money into bitcoin? - page 35. (Read 56567 times)

full member
Activity: 336
Merit: 100
September 10, 2016, 05:06:11 AM
I put most of my money into bitcoin how about you?
i had also invested my money of about 80% . and monthly my percentage of investment in btc ( to change money in btc ) is increasing .but i think to turn all money in btc is not safe because with btc anything can be done . i mean what if the government of the country in which you lives declare the btc as illegal and ban to use it .
hero member
Activity: 588
Merit: 500
September 10, 2016, 04:48:45 AM
I put most of my money into bitcoin how about you?

In the started i invest in bitcoin litter bit amount, but only for check it what bitcoin work for me, but later on i realize it is good opportunity than i invest in bitcoin more, but now i invest in bitcoin 25%, i know it is not more, but for me it is easy to handle it. Before halving i invested 75% in bitcoin and when i gain profit, than i sell it all.   
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
September 10, 2016, 03:58:41 AM
Putting all your money into bitcoin would be very risky. The price is extremely volatile and thus you can easily lose all your funds within hours. Rather having a capital and trading on that or investing on it is more profitable. Make sure to get back you capital along with profit for a successful trade.

I agree with you, if we put our whole amount in any business field, than it is total risky for you, so better is that we should have balance in our business fields like bitcoin or like others. But in bitcoin, it is more than risky, because we use bitcoin as a crypto currency and its price give us profit, but if its price suddenly down, than it is a big lose for us, so should use only that amount which you know better for bitcoin and also for you.

Very true indeed because bitcoins price is too volatile and  if we intend to put all our money  to bitcoin then its risky since we dont know what would be the price on upcoming days,weeks,month or years. If  we decide to put  all our  money and assets  into bitcoin you must  know the consequences  when the bitcoins price would turn upside down.
legendary
Activity: 1526
Merit: 1179
September 10, 2016, 03:12:22 AM
Putting all your money into bitcoin would be very risky. The price is extremely volatile and thus you can easily lose all your funds within hours. Rather having a capital and trading on that or investing on it is more profitable. Make sure to get back you capital along with profit for a successful trade.
False! You will never lose all your funds when the price tanks significantly. You'll still have your coins that are exactly the same amount as when you bought them.

I have seen the value of my coins go down in value like 15% at the time the price started to fall due to Bitfinex, but did I lose anything? Nope. I kept holding my coins and see now the price has gone up again.

You'll make losses at the moment your panic feeling wins from you and you sell your coins. If you don't do that, then nothing will be lost.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
September 10, 2016, 01:53:34 AM
Putting all your money into bitcoin would be very risky. The price is extremely volatile and thus you can easily lose all your funds within hours. Rather having a capital and trading on that or investing on it is more profitable. Make sure to get back you capital along with profit for a successful trade.

I agree with you, if we put our whole amount in any business field, than it is total risky for you, so better is that we should have balance in our business fields like bitcoin or like others. But in bitcoin, it is more than risky, because we use bitcoin as a crypto currency and its price give us profit, but if its price suddenly down, than it is a big lose for us, so should use only that amount which you know better for bitcoin and also for you.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 10, 2016, 12:57:30 AM
Putting all your money into bitcoin would be very risky. The price is extremely volatile and thus you can easily lose all your funds within hours. Rather having a capital and trading on that or investing on it is more profitable. Make sure to get back you capital along with profit for a successful trade.
legendary
Activity: 3472
Merit: 10611
September 09, 2016, 10:31:26 PM
Currently I have less than 5% of my personal wealth in bitcoin, and since I’m not that wealthy then that means I do not have a lot of BTC, but I plan to put at least 20% of my wealth in five years

the point is, it doesn't matter how much you invest ($1 or $1Mil) what matters is that you only invest what you can afford to lose. that is the first rule of any kind of investment.
you make an assessment of the risks and rewards and if the ratio is good enough you then think about how much you are willing to put in.
hero member
Activity: 1302
Merit: 540
September 09, 2016, 10:01:56 PM
Currently I have less than 5% of my personal wealth in bitcoin, and since I’m not that wealthy then that means I do not have a lot of BTC, but I plan to put at least 20% of my wealth in five years
setting your time frame and trying to achieve it from time to time will make you succeed in bitcoin investment just don't use it while saving it keep buying btc and wait till the price rise up more, but don;t put everything on it as we new many things can happen especially the movement is keep on fluctuating.
newbie
Activity: 29
Merit: 0
September 09, 2016, 08:25:54 PM
Currently I have less than 5% of my personal wealth in bitcoin, and since I’m not that wealthy then that means I do not have a lot of BTC, but I plan to put at least 20% of my wealth in five years
hero member
Activity: 756
Merit: 503
Crypto.games
September 09, 2016, 04:05:07 PM
About 10 - 20% of my funds. So that's most of it.
The rest are for the bills, food, school fees, daily miscellaneous, other necessities, etc, etc, etc. sigh.
I guess I'm just like most people here who's betting on upward tilt in volatility.  
More importantly, I have control of my own funds, I could use it whenever I want, I could earn just by holding, instead of having it sit on my bank for pitifully low interest and loaned to who knows where.
newbie
Activity: 56
Merit: 0
September 09, 2016, 03:01:31 PM
I do not have all of my money  in bitcoins but only some amount of my money is in  bitcoin, and some amount of my  money is in altcoins, while some amount of my money  is invested in a project of me, I hope I will earn from all of them..
sr. member
Activity: 462
Merit: 250
September 09, 2016, 10:35:16 AM
Never did this and also never planned to do this because its way too risky to invest such amounts, you need that money and it also stays a investment it can go down but also up.
For me it would feel like gambling with my money, it can go to the wrong way but also the good way.


It is very risky but I put most of my money into bitcoin but not all of it I would have to be crazy to do that I will put even more before another halving kind of event would happen and then I dump all my bitcoins when everybody starts to dump it aswell.
hero member
Activity: 756
Merit: 500
September 09, 2016, 08:02:48 AM
I put everything in bitcoin and harware. Nowdays I have much more then I had in 2013 but it was very difficult because I was mining then I had to sell hardware, sell BTC in localbitcoins, trading and mining and selling in parallel marketplaces, but in the end it was very positive to put all money in BTC.
newbie
Activity: 55
Merit: 0
September 09, 2016, 07:44:20 AM
i did not put all my money in bitcoin but actually my friend did put alot in 2009 and now he has so much money that he put a big downpayment on this house cause of the bitcoin and bought a very fancy occasion so yeah im doubting to put in more money cause i dont want to miss another chance like that just dont know if it can happen again cause prices are already pretty high and to reach 3k seems not so likely no?
member
Activity: 85
Merit: 10
September 09, 2016, 07:11:39 AM
i have put all my money in bitcoin and so should you. when we reach high amounts then everybody will wish they had the balls and the knowlegde cause this is what will make this community so much money. if you dont take risks you dont get high returns my friend.
sr. member
Activity: 364
Merit: 250
September 09, 2016, 05:38:49 AM
Never did this and also never planned to do this because its way too risky to invest such amounts, you need that money and it also stays a investment it can go down but also up.
For me it would feel like gambling with my money, it can go to the wrong way but also the good way.
sr. member
Activity: 476
Merit: 250
September 09, 2016, 05:15:01 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.

Yes when you put all your money at once you have a high risk to lose everything but also if you put everything and it goes up by 20% then your going to be happy that you put in all you got, so its how you wants to play it > little bit risky  or very risky.
member
Activity: 70
Merit: 10
September 09, 2016, 01:09:20 AM
Well, it really depends on the market, I have to say, if I see I can profit more then I would bring more money to crypto, probably. But for time being only below ten percent, however it might probably change in near future.
legendary
Activity: 1232
Merit: 1091
September 08, 2016, 06:50:43 PM
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 .

70% of your money in Bitcoin is quite a high and risky percentage. But it also depends on the time you bought your coins. If you bought your coins at below $300 prices and kept holding them till now, then the higher value of your coins will make your Bitcoin holdings automatically become higher in percentage. May I ask when you bought your coins?
hero member
Activity: 658
Merit: 500
September 08, 2016, 06:06:03 PM
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 .
but i think i put about 50% assets in bitcoin, and still going to invest more and more, to me bitcoin is the most trusted crypto currency in the world and hope that bitcoin is going to become the world most successful crypto currency and is also expected that in future majority of the people will be using bitcoin for buying and selling things

Nowadays you will have to invest as much as possible or you will have to put all of your money in bitcoin as we can see that from a few days the price of bitcoin is increasing with a good speed so any one who will have their money in their will increase up.
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