did you put all your money into bitcoin? - page 4.

MinerHQ

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Quote from: PacePay on November 06, 2016, 04:29:42 PM

Quote from: Zadicar on November 06, 2016, 03:51:52 AM

Same as other members here i would not put up all my money into bitcoin because we all know that the price is unstable and anytime it would drop its price that would result to a huge loss for sure but im putting up only a small amount on all of my assets because i do have high hopes for bitcoin for the longer runs.

But all of us have to know that if we will put all of our money in bitcoin then the demand of bitcoin will increase and the price of it will also increase with the demand so in that situation we will not lose our money because the price of bitcoin will not drop.

Markets will not work like that. Just you put all your money means it will go up. Many big players are controlling it so even small guys like us buy with all our money still these big players can manipulate the system, and you may lose a lot of money. So it is not advised to put all your money in any one product whether it is a bitcoin or something else.

davids

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i never put all in my money to invest bitcoin. I can make more profit, then I could bring some more money to crypto

maokoto

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I have only invested about 200$, but have around 2 btc that I have earned bit by bit by trading, fauceting, working etc. For me it is a means to earn money more than an investment.

BitHodler

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Quote from: Colt22 on November 06, 2016, 05:47:26 PM

Quote from: BitHodler on November 06, 2016, 04:41:25 PM

Quote from: PacePay on November 06, 2016, 04:29:42 PM

But all of us have to know that if we will put all of our money in bitcoin then the demand of bitcoin will increase and the price of it will also increase with the demand so in that situation we will not lose our money because the price of bitcoin will not drop.

I'm sorry to say, but that's very noobish thinking that you do.

Common sense will prevent the majority of the people from going all in on Bitcoin or any other investment option.

Current market is a whale lead market where they are waiting for noobs to go all in at peak prices.

The money from these noobs is nothing more than an exit position for whales as they make a lot profits whilst laughing at people buying their expensive coins.

I agree with you but what if we also become whales we need to buy bitcoins and have to collect more bitcoins and have a value more than whales then we will have control on the price of bitcoin and we will be millionaire with it.

In order to reach a level where you can call yourself a whale, you need to be a person with at least a million worth of fiat, and a million worth of BTC.

But then again, nowadays where you are having the above mentioned amounts, it will not give you that much power anymore as in you severely influencing the price. These days are over.

The real whales that have the ability to move markets in a serious manner, are playing with tens of thousands of Bitcoins.

And that is just one person. Imagine how much power they have once they team up to rule the market with iron fist. It's mind boggling.

Colt22

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Quote from: BitHodler on November 06, 2016, 04:41:25 PM

Quote from: PacePay on November 06, 2016, 04:29:42 PM

But all of us have to know that if we will put all of our money in bitcoin then the demand of bitcoin will increase and the price of it will also increase with the demand so in that situation we will not lose our money because the price of bitcoin will not drop.

I'm sorry to say, but that's very noobish thinking that you do.

Common sense will prevent the majority of the people from going all in on Bitcoin or any other investment option.

Current market is a whale lead market where they are waiting for noobs to go all in at peak prices.

The money from these noobs is nothing more than an exit position for whales as they make a lot profits whilst laughing at people buying their expensive coins.

I agree with you but what if we also become whales we need to buy bitcoins and have to collect more bitcoins and have a value more than whales then we will have control on the price of bitcoin and we will be millionaire with it.

Ewinsane

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Quote from: PacePay on November 06, 2016, 04:29:42 PM

Quote from: Zadicar on November 06, 2016, 03:51:52 AM

Same as other members here i would not put up all my money into bitcoin because we all know that the price is unstable and anytime it would drop its price that would result to a huge loss for sure but im putting up only a small amount on all of my assets because i do have high hopes for bitcoin for the longer runs.

But all of us have to know that if we will put all of our money in bitcoin then the demand of bitcoin will increase and the price of it will also increase with the demand so in that situation we will not lose our money because the price of bitcoin will not drop.

you are right if we put all money in bitcoin then demand will increase and price go to higher and i see that people adopting bitcoin huge amount because they know that price will be more increase in coming few months.

BitHodler

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Quote from: PacePay on November 06, 2016, 04:29:42 PM

But all of us have to know that if we will put all of our money in bitcoin then the demand of bitcoin will increase and the price of it will also increase with the demand so in that situation we will not lose our money because the price of bitcoin will not drop.

I'm sorry to say, but that's very noobish thinking that you do.

Common sense will prevent the majority of the people from going all in on Bitcoin or any other investment option.

Current market is a whale lead market where they are waiting for noobs to go all in at peak prices.

The money from these noobs is nothing more than an exit position for whales as they make a lot profits whilst laughing at people buying their expensive coins.

PacePay

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Quote from: Zadicar on November 06, 2016, 03:51:52 AM

Same as other members here i would not put up all my money into bitcoin because we all know that the price is unstable and anytime it would drop its price that would result to a huge loss for sure but im putting up only a small amount on all of my assets because i do have high hopes for bitcoin for the longer runs.

But all of us have to know that if we will put all of our money in bitcoin then the demand of bitcoin will increase and the price of it will also increase with the demand so in that situation we will not lose our money because the price of bitcoin will not drop.

ged00u

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I do not put all my money in bitcoin. It is not because i do not believe in bitcoin. The reason why i only convert a small percentage of my money into bitcoin is that i need Fiat to buy daily needs. I think that one day i won't use Fiat anymore and people in this world will use bitcoin as the only one currency

lionheart78

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Quote from: iamTom123 on November 06, 2016, 09:04:14 AM

I am banking a lot on Bitcoin and how it can help me develop my financial future but of course I am diversifying my eggs but as far as cryptocurrency is concerned it is only Bitcoin. One thing I learned though is that while we hope and even pray for something, there is nothing guaranteed especially in the new and modern digital financial world.

I agree that there is no guarantee whether bitcoin will give you a boost in financial aspect in a long run. As you said, things evolves fast, the once we know as effective approach maybe obsolete after sometime. Same goes with bitcoin if it fails to adjust to the peoples demand, it may become worthless. But the good thing with bitcoin is that, they are implementing upgrades that will open up bitcoin to even more updates and upgrades in the future meaning bitcoin will not be obsolete in the coming years.

iamTom123

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I am banking a lot on Bitcoin and how it can help me develop my financial future but of course I am diversifying my eggs but as far as cryptocurrency is concerned it is only Bitcoin. One thing I learned though is that while we hope and even pray for something, there is nothing guaranteed especially in the new and modern digital financial world.

senyorito123

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Quote from: Babayega31 on November 06, 2016, 12:17:55 AM

Quote from: maydna on November 05, 2016, 08:30:34 AM

Quote from: freedomgo on November 04, 2016, 09:19:13 AM

Quote from: Ryananda on November 04, 2016, 07:38:43 AM

Yes I put some of my money to bitcoin. Probably about 25% for investment. I do not want to put all of my money because maybe it was too risky, so I only put about 25% in bitcoin. I use it to invest in bitcoin bitcoin because I see the fluctuations tend to rise so that it can be a profit for me.

25% is too decent, you can already make a great income on that depending on the value.. I actually do not follow any fix rule in the amount I invested in bitcoin, anytime I can earn here, I automatically save it for the future and just withdraw the rest. Some of my winnings in gambling are invested for the future as well.

i think how much percentage is depending on how much real money someone have and its not work for all people. if someone have much money, then the 25% is really big money, but for some people which don't have much money, 25% is really big money for them. so its depending how much of fund we have and we shouldn't invest all of our money into bitcoin.

I would not put all my money in bitcoin, but prefer to invest it of company cooperative because bitcoin is digital currency unlike in cooperatives they accept it as cash type. Putting a money to bitcoin is not a good idea because if you put it all and you're capable of investing it into anyways you have no control to it and what if you failed with those investments? What will happen to your money? But of course we don't know what will happen yet, if you ask my opinion to it there will be emotional stress will be posible to happen and its a big disappointment to you. So think very well for many times before deciding on what amount of money you will entrust to bitcoin.

A cooperative investment is a good idea but i thinknin digital world bitcoin investment might the fastest way to earn and we really experience this one happening to us, but also we should use our heads since bitcoins might a traitor one since it has down wards flactuation that can kill our wealt if we are hitted on some bad certain scenario, thats why as many people says invest only what you can afford to lose.

Zadicar

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Same as other members here i would not put up all my money into bitcoin because we all know that the price is unstable and anytime it would drop its price that would result to a huge loss for sure but im putting up only a small amount on all of my assets because i do have high hopes for bitcoin for the longer runs.

Babayega31

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Quote from: maydna on November 05, 2016, 08:30:34 AM

Quote from: freedomgo on November 04, 2016, 09:19:13 AM

Quote from: Ryananda on November 04, 2016, 07:38:43 AM

Yes I put some of my money to bitcoin. Probably about 25% for investment. I do not want to put all of my money because maybe it was too risky, so I only put about 25% in bitcoin. I use it to invest in bitcoin bitcoin because I see the fluctuations tend to rise so that it can be a profit for me.

25% is too decent, you can already make a great income on that depending on the value.. I actually do not follow any fix rule in the amount I invested in bitcoin, anytime I can earn here, I automatically save it for the future and just withdraw the rest. Some of my winnings in gambling are invested for the future as well.

i think how much percentage is depending on how much real money someone have and its not work for all people. if someone have much money, then the 25% is really big money, but for some people which don't have much money, 25% is really big money for them. so its depending how much of fund we have and we shouldn't invest all of our money into bitcoin.

I would not put all my money in bitcoin, but prefer to invest it of company cooperative because bitcoin is digital currency unlike in cooperatives they accept it as cash type. Putting a money to bitcoin is not a good idea because if you put it all and you're capable of investing it into anyways you have no control to it and what if you failed with those investments? What will happen to your money? But of course we don't know what will happen yet, if you ask my opinion to it there will be emotional stress will be posible to happen and its a big disappointment to you. So think very well for many times before deciding on what amount of money you will entrust to bitcoin.

maydna

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Quote from: freedomgo on November 04, 2016, 09:19:13 AM

Quote from: Ryananda on November 04, 2016, 07:38:43 AM

Yes I put some of my money to bitcoin. Probably about 25% for investment. I do not want to put all of my money because maybe it was too risky, so I only put about 25% in bitcoin. I use it to invest in bitcoin bitcoin because I see the fluctuations tend to rise so that it can be a profit for me.

25% is too decent, you can already make a great income on that depending on the value.. I actually do not follow any fix rule in the amount I invested in bitcoin, anytime I can earn here, I automatically save it for the future and just withdraw the rest. Some of my winnings in gambling are invested for the future as well.

i think how much percentage is depending on how much real money someone have and its not work for all people. if someone have much money, then the 25% is really big money, but for some people which don't have much money, 25% is really big money for them. so its depending how much of fund we have and we shouldn't invest all of our money into bitcoin.

Liad.Services

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Quote from: GregH37 on November 02, 2016, 03:18:07 PM

Quote from: IsaacBitcoiner on November 01, 2016, 02:55:53 PM

No, and I have no plans to do so. It would be a very risky decision, even for a well-established technology, such as the bitcoin technology. But I think 25% sounds like a good number.

You need not invest all money into bitcoin ecosystem, but it is highly recommended to invest into bitcoins 90% of your investment networth into bitcoins. This is because of the possible huge returns we may get from bitcoin's future value appreciations. If you have any other options, then you can go less than 90% of total investments with bitcoins.

How can you say that?
How is it "Highly recommended" to invest 90% of your net worth into bitcoins?

In such a scenario, if bitcoin falls down , he will stay homeless for a while, and he won't have any savings, he will probably need to sell his house and move to a cave(jk).

You shouldn't put in bitcoins more then you can afford to lose, it is a very risky investment, so you shouldn't put all of you trust in it , if you have some money to spend and you trust bitcoin, and you think that the price will go higher at the far future, then you should use some of your money and buy bitcoins with it, but you should not use more then 10% of your money as it is pretty risky, unless you are a kind of millionaire or something like that.

brian_23452

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Quote from: Harlot on November 05, 2016, 12:13:05 AM

0% I rather earn Bitcoin than invest real money into it, because it is dangerous and might lose the value of my money if I did not buy at the right price. Also I would suggest if you are investing your money into bitcoin to don't put all your money in Bitcoin as it is dangerous, a good investor diversifies their investment so that if one thing happen to their one investment others won't be affected.

Yeah and that is the right thing to do to keep your money at different places to minimize the risk and it will be too risky if you are investing all your money only in bitcoins as the future of bitcoin is unpredictable so if something goes wrong with it in future then you will be loosing all your investments in one shot.

mkmdoc

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I hope it is not the good to put all your eggs in one basket, bitcoin completely depends on market now a days many people are attracting to bitcoin and buying them at low price and selling them at higher price, now one can predict and completely sit idle by investing all his money into bitcoin, because it will take some time to make profit. You will make profit definitely but there is no specific time i guess.

Harlot

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0% I rather earn Bitcoin than invest real money into it, because it is dangerous and might lose the value of my money if I did not buy at the right price. Also I would suggest if you are investing your money into bitcoin to don't put all your money in Bitcoin as it is dangerous, a good investor diversifies their investment so that if one thing happen to their one investment others won't be affected.

densuj

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Quote from: sgk on November 04, 2016, 05:56:04 AM

Out of 190 votes, 9 people say they've put 100% of their money into Bitcoin.
This figure looks highly unlikely, I'd rather believe people haven't been genuinely honest in responding.

Yes bitcoin is still new and there are no many people who use it for method payment and it is mean too high risk for making investment 100% all of money just for investing, i am doubt about that because what will done on real life if all of money on bitcoin.

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