did you put all your money into bitcoin? - page 6.

serjent05

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Quote from: shinratensei_ on October 31, 2016, 09:45:54 PM

Quote from: TriggerX on October 31, 2016, 08:33:48 PM

Even though Bitcoin has a roughly stable economy, I would never put all of my money into it. I do have a relatively small portion of my money in BTC for trading and my own purposes. I think it would be better to just leave your money in a bank and let it grow with interest.

It's roughly and definitely the word are not clear, bitcoin = just like for buying and sell about the foreign exchange. in this way just allowing your funds but not all of your life capital.

My purpose with bitcoin is the same with all you but what I am doing is I am not putting all my money with bitcoin. Since I am preferring more with my money to use it for transacting and buying things for my needs. But I think there are some people who are putting their money into bitcoins because hardly believe that bitcoin is the future money.

I think you are saying that you are working or doing task, giving your effort in order to get bitcoins. Because if you are not going to use your money and not doing effort to gain bitcoin, how can you accumulate bitcoin? As of me I don;t use my money to get me bitcoin but I gladly work for it. With my effort I want to accumulate as much bitcoin I can accumulate.

Invulner

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Invulner

I didn't. I am currently all out on my bitcoin because the price is high and I think it is going to come back down sometime soon. Better be careful than lose a bunch of your money from the fall.

shinratensei_

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Quote from: TriggerX on October 31, 2016, 08:33:48 PM

Even though Bitcoin has a roughly stable economy, I would never put all of my money into it. I do have a relatively small portion of my money in BTC for trading and my own purposes. I think it would be better to just leave your money in a bank and let it grow with interest.

It's roughly and definitely the word are not clear, bitcoin = just like for buying and sell about the foreign exchange. in this way just allowing your funds but not all of your life capital.

ethereumhunter

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Quote from: TriggerX on October 31, 2016, 08:33:48 PM

Even though Bitcoin has a roughly stable economy, I would never put all of my money into it. I do have a relatively small portion of my money in BTC for trading and my own purposes. I think it would be better to just leave your money in a bank and let it grow with interest.

this is what i am doing too and until now i never put all of my money into bitcoin, i only using what i've got from internet to trading and make withdraw. i start from zero cash, and i really make money with bitcoin but i am not yet make any deposit for buying bitcoin.

TriggerX

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Even though Bitcoin has a roughly stable economy, I would never put all of my money into it. I do have a relatively small portion of my money in BTC for trading and my own purposes. I think it would be better to just leave your money in a bank and let it grow with interest.

btcdevil

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I never put all my money in one place, and even what i earn i just split it and use it. like 20% i keep in wallet balance 80% i split in sports betting, poker betting and balance i convert it to fiat currency as we cannot use online services in bitcoin

whizter

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Quote from: carlerha on October 30, 2016, 03:29:12 AM

Quote from: 1Referee on October 29, 2016, 04:01:08 AM

Quote from: densuj on October 29, 2016, 03:21:40 AM

Quote from: Invulner on October 28, 2016, 05:17:15 PM

Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course Wink

You are right and put all of money into bitcoins is bad idea and very very dangerous because bitcoins is instrument of investments there are many risk on there. Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

The type of investment doesn't really matter when it comes to having all your money into something. It's bad all the way.

Quote from: densuj on October 29, 2016, 03:21:40 AM

Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

Using 10% of your money for investment purposes may seem to be a lot for you, but in reality it's not. I personally always work with a 50/50 ratio. 50% investments, and the other 50% is savings in fiat. Right now my ratio is like 60% Bitcoin and 40% fiat savings, but that's mainly due to the fact that Bitcoin has increased quite a bit in value in the last 12 months.

but to me i think if you want to make good profit then you should invest a good amount of your fiat money, i think 10% is nothing, as bitcoin is too much trusted now so you can put your money in bitcoin without any doubt.

yes that is right, as bitcoin is one of the most reliable investment therefore there is no risk in investing a good amount assets in bitcoin, as it can really give you a good profit therefore it is good to say that if you want to make good money then you should invest a good amount in bitcoin.

VerdinaNET

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Quote from: mirakal on October 29, 2016, 08:04:54 AM

Quote from: X-ray on October 29, 2016, 05:33:09 AM

Quote from: VerdinaNET on October 29, 2016, 04:10:05 AM

Quote from: stromma44 on October 21, 2016, 12:44:40 PM

Quote from: VerdinaNET on October 21, 2016, 12:23:01 PM

For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still

I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now

Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss.

Completely agree with you. There must be calculated risk because of the nature of btc.

sometimes bitcoin geeks will not going to think about that,they're putting their wealth on bitcoin for pleasure,and it's seems like a gambling indeed but if they like it then we can't do anything,only spent what you can afford and thinking twice before doing for a wise decision

They can do that as they are willing to invest on there skills, by investing in themselves they can trade bitcoin which will give them consistent income and they can even make that in a daily basis. That's why day traders are here and they are getting richer because of their passion.

Thats another side of things of course. Counting on good skills is redicing the risk for sure but there is always a risk in this market. So far in my life i've learned that if you don't risk your chances on getting something more. Earning money with passion is meybe the best thing ever which everybody wants

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Quote from: clickerz on October 31, 2016, 10:45:18 AM

Quote from: TheUltraElite on October 28, 2016, 12:13:13 PM

Putting all your money into bitcoin is very risky. Currently the price is increasing a lot but you never know when it might crash. You will surely not lose everything but then again you should not put all your money into bitcoin. Keep some to take care of losses, some for exchanging, another part for trading, you should also keep some for saving for long term.

All is not good strategy I think. You must left some cash for your personal expenses at least for a month or six months budget.The disadvantages of putting all your money in bitcoin is when the bitcoin price is dump,and you have an emergency need, you will end up selling your bitcoin at lowest price.

The problem is that most places where we need to spend our money daily don't accept BTCs, so it's impossible to put all money into Bitcoins. This kind of investiment is for our savings. Instead leaving your savings on bank earning low income monthly, invest buying Bitcoins.

clickerz

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Quote from: TheUltraElite on October 28, 2016, 12:13:13 PM

Putting all your money into bitcoin is very risky. Currently the price is increasing a lot but you never know when it might crash. You will surely not lose everything but then again you should not put all your money into bitcoin. Keep some to take care of losses, some for exchanging, another part for trading, you should also keep some for saving for long term.

All is not good strategy I think. You must left some cash for your personal expenses at least for a month or six months budget.The disadvantages of putting all your money in bitcoin is when the bitcoin price is dump,and you have an emergency need, you will end up selling your bitcoin at lowest price.

1Referee

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Quote from: carlerha on October 30, 2016, 03:29:12 AM

Quote from: 1Referee on October 29, 2016, 04:01:08 AM

The type of investment doesn't really matter when it comes to having all your money into something. It's bad all the way.

Quote from: densuj on October 29, 2016, 03:21:40 AM

Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

Using 10% of your money for investment purposes may seem to be a lot for you, but in reality it's not. I personally always work with a 50/50 ratio. 50% investments, and the other 50% is savings in fiat. Right now my ratio is like 60% Bitcoin and 40% fiat savings, but that's mainly due to the fact that Bitcoin has increased quite a bit in value in the last 12 months.

but to me i think if you want to make good profit then you should invest a good amount of your fiat money, i think 10% is nothing, as bitcoin is too much trusted now so you can put your money in bitcoin without any doubt.

What's the point of rehashing what I already have said beside you wanting to increase your post count? Try to come up with more original posts. Wink

goinmerry

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Never dared to do that.
That is like a suicide. If something really bad happen then where will you get money to eat, to pay your bills, your mortgage and many more. You will end up living in the street and getting some alms from people.
This is just being practical. In any field of investing we cant give everything, at least leave some for yourself.

erik m.

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No, I believe it is not something wise to do. Despite being a promising technology, every investment has its risks... I have about 20% invested into it.

The_Dark_Knight

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Quote from: carlerha on October 30, 2016, 03:29:12 AM

Quote from: 1Referee on October 29, 2016, 04:01:08 AM

Quote from: densuj on October 29, 2016, 03:21:40 AM

Quote from: Invulner on October 28, 2016, 05:17:15 PM

Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course Wink

You are right and put all of money into bitcoins is bad idea and very very dangerous because bitcoins is instrument of investments there are many risk on there. Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

The type of investment doesn't really matter when it comes to having all your money into something. It's bad all the way.

Quote from: densuj on October 29, 2016, 03:21:40 AM

Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

Using 10% of your money for investment purposes may seem to be a lot for you, but in reality it's not. I personally always work with a 50/50 ratio. 50% investments, and the other 50% is savings in fiat. Right now my ratio is like 60% Bitcoin and 40% fiat savings, but that's mainly due to the fact that Bitcoin has increased quite a bit in value in the last 12 months.

but to me i think if you want to make good profit then you should invest a good amount of your fiat money, i think 10% is nothing, as bitcoin is too much trusted now so you can put your money in bitcoin without any doubt.

I personally I agree with this investing only 10% of your money it’s a bad idea whether you are rich or poor, since inflation is eating away your purchasing power, you should have an important part of your capital always working for you.

Multipulty

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Quote from: mirakal on October 29, 2016, 08:04:54 AM

Quote from: X-ray on October 29, 2016, 05:33:09 AM

Quote from: VerdinaNET on October 29, 2016, 04:10:05 AM

Quote from: stromma44 on October 21, 2016, 12:44:40 PM

Quote from: VerdinaNET on October 21, 2016, 12:23:01 PM

For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still

I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now

Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss.

Completely agree with you. There must be calculated risk because of the nature of btc.

sometimes bitcoin geeks will not going to think about that,they're putting their wealth on bitcoin for pleasure,and it's seems like a gambling indeed but if they like it then we can't do anything,only spent what you can afford and thinking twice before doing for a wise decision

They can do that as they are willing to invest on there skills, by investing in themselves they can trade bitcoin which will give them consistent income and they can even make that in a daily basis. That's why day traders are here and they are getting richer because of their passion.

If you want to make good profits from trading then you need to invest higher capital as you can make descent profits even with a small fluctuations and if you have invested in altcoins then profit margin will be even higher in compare to bitcoin trading as altcoin market involves huge pumps and dumps which is not possible with bitcoins.

carlerha

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Quote from: 1Referee on October 29, 2016, 04:01:08 AM

Quote from: densuj on October 29, 2016, 03:21:40 AM

Quote from: Invulner on October 28, 2016, 05:17:15 PM

Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course Wink

You are right and put all of money into bitcoins is bad idea and very very dangerous because bitcoins is instrument of investments there are many risk on there. Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

The type of investment doesn't really matter when it comes to having all your money into something. It's bad all the way.

Quote from: densuj on October 29, 2016, 03:21:40 AM

Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

Using 10% of your money for investment purposes may seem to be a lot for you, but in reality it's not. I personally always work with a 50/50 ratio. 50% investments, and the other 50% is savings in fiat. Right now my ratio is like 60% Bitcoin and 40% fiat savings, but that's mainly due to the fact that Bitcoin has increased quite a bit in value in the last 12 months.

but to me i think if you want to make good profit then you should invest a good amount of your fiat money, i think 10% is nothing, as bitcoin is too much trusted now so you can put your money in bitcoin without any doubt.

mirakal

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Quote from: X-ray on October 29, 2016, 05:33:09 AM

Quote from: VerdinaNET on October 29, 2016, 04:10:05 AM

Quote from: stromma44 on October 21, 2016, 12:44:40 PM

Quote from: VerdinaNET on October 21, 2016, 12:23:01 PM

For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still

I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now

Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss.

Completely agree with you. There must be calculated risk because of the nature of btc.

sometimes bitcoin geeks will not going to think about that,they're putting their wealth on bitcoin for pleasure,and it's seems like a gambling indeed but if they like it then we can't do anything,only spent what you can afford and thinking twice before doing for a wise decision

They can do that as they are willing to invest on there skills, by investing in themselves they can trade bitcoin which will give them consistent income and they can even make that in a daily basis. That's why day traders are here and they are getting richer because of their passion.

X-ray

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Quote from: VerdinaNET on October 29, 2016, 04:10:05 AM

Quote from: stromma44 on October 21, 2016, 12:44:40 PM

Quote from: VerdinaNET on October 21, 2016, 12:23:01 PM

For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still

I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now

Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss.

Completely agree with you. There must be calculated risk because of the nature of btc.

sometimes bitcoin geeks will not going to think about that,they're putting their wealth on bitcoin for pleasure,and it's seems like a gambling indeed but if they like it then we can't do anything,only spent what you can afford and thinking twice before doing for a wise decision

VerdinaNET

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Activity: 90

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Quote from: stromma44 on October 21, 2016, 12:44:40 PM

Quote from: VerdinaNET on October 21, 2016, 12:23:01 PM

For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still

I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now

Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss.

Completely agree with you. There must be calculated risk because of the nature of btc.

1Referee

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Activity: 2170

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Quote from: densuj on October 29, 2016, 03:21:40 AM

Quote from: Invulner on October 28, 2016, 05:17:15 PM

Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course Wink

You are right and put all of money into bitcoins is bad idea and very very dangerous because bitcoins is instrument of investments there are many risk on there. Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

The type of investment doesn't really matter when it comes to having all your money into something. It's bad all the way.

Quote from: densuj on October 29, 2016, 03:21:40 AM

Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

Using 10% of your money for investment purposes may seem to be a lot for you, but in reality it's not. I personally always work with a 50/50 ratio. 50% investments, and the other 50% is savings in fiat. Right now my ratio is like 60% Bitcoin and 40% fiat savings, but that's mainly due to the fact that Bitcoin has increased quite a bit in value in the last 12 months.

Topic: did you put all your money into bitcoin? - page 6. (Read 56565 times)