did you put all your money into bitcoin? - page 7.

1Referee

legendary

Activity: 2170

Merit: 1427

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.

densuj

legendary

Activity: 910

Merit: 1000

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.

calme

sr. member

Activity: 392

Merit: 250

More than 100%, b/c I'm all in on leverage and have it spread across exchanges in case any one exchange gets hacked. So far, so good.

asuryan180

hero member

Activity: 868

Merit: 1000

I haven't and I don't think you should,always have something which you can go to if everything collapses,yeah go for BTC and buy BTC but also be prepared for the other scenario so you can bounce up quickly.
Preparation is a really good thing and you have to write all scenarios.

Jasad

legendary

Activity: 1414

Merit: 1002

= jasad =

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

that's true , never put a risk in one place and one time ,
spread it and also risk only the amount that you really can afford to get lost ,
never be a good idea to put your whole cash to bitcoin ,
unless you are a creaze risk taker , then go for it.

Invulner

sr. member

Activity: 266

Merit: 250

Invulner

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

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: Oralmat on October 28, 2016, 12:55:46 AM

Quote from: 20kevin20 on October 26, 2016, 02:27:02 AM

It's better to have more options, not just one. If you fail with Bitcoin, you gotta have backup options. Not to mention that having a lot of money in one account is very risky and the target for hackers and scammers. Be careful about that and find more opportunities, not just one.

Agreed, also it is not a good way for a good business, to take a high risk without know can make money or not, and also as you said many hackers and scammers are here to scam us, So Now in this case, only invest that amount, which you can afford it easily and if you get lose than handle it, also it is not valid that total invest our amount into bitcoin. Even we like bitcoin, and we know bitcoin is a name of making money.

Diversifying your investment is always a good idea if you want to avoid catastrophic losses however when picking diversifying options I will not pick some altcoins since that is not really diversifying, probably I will choose gold or real state if you can afford it of course.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

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.

I agree that putting all your money in bitcoin is very risky. You should not put all your egg in one basket. Try to diversify. So if one stocks/ item is not profitable at the current state, then most probably others are profitable and you can trade them or sell at a profit. this is a simple strategy that everyone must learn.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

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.

arseaboy

hero member

Activity: 644

Merit: 500

Quote from: 8Habits on October 28, 2016, 02:02:41 AM

Quote from: The_Dark_Knight on October 27, 2016, 05:35:02 PM

Quote from: goldcoinminer on October 26, 2016, 12:26:09 AM

Quote from: saiha on October 25, 2016, 11:30:10 PM

Quote from: mjfan on October 25, 2016, 02:06:52 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

This is what I am doing, putting some portion of my main salary into investing with bitcoins and so far that is a very effective investment.

But I don't exact percentage on how much I am putting with the portion of my salary. As long as I have spare money, I am doing it.

But putting all my money in bitcoin? Well I'm a bit doubtful about it.

Great way of making money in the future, as long as you do not put all your money in bitcoin that is acceptable and exciting, in the sense that you will be able to make good income as the price of bitcoin is increasing but never trust 100% as price will also fall back so it is just right to put the right amount.

Bitcoin is a great way to make money in the future but why wait until then since bitcoin is also a great way to make money right now in this very moment.

That is right. Now is the time to do the things that are right. Today is always the right time to invest in anything - and invest regularly. If you wait for the right time to invest, you will be left behind to those people that have invested way before you and they are now reaping the profits of their investment.

True. Time flies so fast so better invest now in bitcoins rather than wait for another time which we cannot say the price of bitcoins is still high. I also have the same thinking before not to invest in bitcoins but when I try out of curiosity I made atleast a profit from it and I see the true potential of bitcoins especially in the future.

Xenophoto

hero member

Activity: 826

Merit: 502

Quote from: Greenenergy on October 26, 2016, 10:32:02 AM

I put everything. I keep less than the equivalent of 20$ in cash at the same time, just to buy the food or things like that.

It's a good thing that you have your trust on bitcoin and you're optimistic enough to put the majority of your money in it. The thing is, even if bitcoin has helped a lot of us, there's still a chance that you'll lose. You put all your eggs in a single basket and only kept some money to you in order to sustain your daily needs. Even if you don't need money, you should still keep some to you for emergency purposes.

For example, you put 100$ in bitcoin at bitcoin's price 685$ and then you needed money. But at the time that you need money, the price went down, it was back to 600$. Then you just lost 85$. If you did have extra money in you, then you shouldn't have lost that amount of money. Moreover, it's quite hard to earn 85$ by just holding your coil.

GregH37

legendary

Activity: 1302

Merit: 1037

Quote from: mirakal on October 28, 2016, 02:13:31 AM

Quote from: Oralmat on October 28, 2016, 12:55:46 AM

Quote from: 20kevin20 on October 26, 2016, 02:27:02 AM

It's better to have more options, not just one. If you fail with Bitcoin, you gotta have backup options. Not to mention that having a lot of money in one account is very risky and the target for hackers and scammers. Be careful about that and find more opportunities, not just one.

Agreed, also it is not a good way for a good business, to take a high risk without know can make money or not, and also as you said many hackers and scammers are here to scam us, So Now in this case, only invest that amount, which you can afford it easily and if you get lose than handle it, also it is not valid that total invest our amount into bitcoin. Even we like bitcoin, and we know bitcoin is a name of making money.

Hackers cannot steal our account if we will secure it fully, we have two option to store our bitcoins it could be by online or offline or even both. Just keep yourself updated on the latest security features to protect our bitcoins and we are good with our investment and we can sleep well at night.

Yes, there are a lot of available measurements to secure our bitcoins, the cold storage method is highly recommended way of protecting our bitcoins. Ignoring investing into bitcoin is completely meaningless due to the fact of fear of being get hacked. We must take proper approaches in order to protect ourselves. If we have fear of robbery/hacking then there is no point in living in this world.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: Oralmat on October 28, 2016, 12:55:46 AM

Quote from: 20kevin20 on October 26, 2016, 02:27:02 AM

It's better to have more options, not just one. If you fail with Bitcoin, you gotta have backup options. Not to mention that having a lot of money in one account is very risky and the target for hackers and scammers. Be careful about that and find more opportunities, not just one.

Agreed, also it is not a good way for a good business, to take a high risk without know can make money or not, and also as you said many hackers and scammers are here to scam us, So Now in this case, only invest that amount, which you can afford it easily and if you get lose than handle it, also it is not valid that total invest our amount into bitcoin. Even we like bitcoin, and we know bitcoin is a name of making money.

Hackers cannot steal our account if we will secure it fully, we have two option to store our bitcoins it could be by online or offline or even both. Just keep yourself updated on the latest security features to protect our bitcoins and we are good with our investment and we can sleep well at night.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: The_Dark_Knight on October 27, 2016, 05:35:02 PM

Quote from: goldcoinminer on October 26, 2016, 12:26:09 AM

Quote from: saiha on October 25, 2016, 11:30:10 PM

Quote from: mjfan on October 25, 2016, 02:06:52 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

This is what I am doing, putting some portion of my main salary into investing with bitcoins and so far that is a very effective investment.

But I don't exact percentage on how much I am putting with the portion of my salary. As long as I have spare money, I am doing it.

But putting all my money in bitcoin? Well I'm a bit doubtful about it.

Great way of making money in the future, as long as you do not put all your money in bitcoin that is acceptable and exciting, in the sense that you will be able to make good income as the price of bitcoin is increasing but never trust 100% as price will also fall back so it is just right to put the right amount.

Bitcoin is a great way to make money in the future but why wait until then since bitcoin is also a great way to make money right now in this very moment.

That is right. Now is the time to do the things that are right. Today is always the right time to invest in anything - and invest regularly. If you wait for the right time to invest, you will be left behind to those people that have invested way before you and they are now reaping the profits of their investment.

Oralmat

hero member

Activity: 588

Merit: 500

Quote from: 20kevin20 on October 26, 2016, 02:27:02 AM

It's better to have more options, not just one. If you fail with Bitcoin, you gotta have backup options. Not to mention that having a lot of money in one account is very risky and the target for hackers and scammers. Be careful about that and find more opportunities, not just one.

Agreed, also it is not a good way for a good business, to take a high risk without know can make money or not, and also as you said many hackers and scammers are here to scam us, So Now in this case, only invest that amount, which you can afford it easily and if you get lose than handle it, also it is not valid that total invest our amount into bitcoin. Even we like bitcoin, and we know bitcoin is a name of making money.

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: goldcoinminer on October 26, 2016, 12:26:09 AM

Quote from: saiha on October 25, 2016, 11:30:10 PM

Quote from: mjfan on October 25, 2016, 02:06:52 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

This is what I am doing, putting some portion of my main salary into investing with bitcoins and so far that is a very effective investment.

But I don't exact percentage on how much I am putting with the portion of my salary. As long as I have spare money, I am doing it.

But putting all my money in bitcoin? Well I'm a bit doubtful about it.

Great way of making money in the future, as long as you do not put all your money in bitcoin that is acceptable and exciting, in the sense that you will be able to make good income as the price of bitcoin is increasing but never trust 100% as price will also fall back so it is just right to put the right amount.

Bitcoin is a great way to make money in the future but why wait until then since bitcoin is also a great way to make money right now in this very moment.

Hatuferu

legendary

Activity: 1092

Merit: 1000

https://trueflip.io/

Quote from: tabas on October 26, 2016, 07:47:52 PM

Quote from: Friedchicken on October 26, 2016, 04:28:45 PM

Hell no, don't even have the "money" to invest. All of my fetti are invested in bitcoin already.

Haha! Yeah that's the problem even though I really want to put some money into bitcoin for my investment but still it doesn't help for I am having hard time to invest with it. But if I am going to have a chance to put some money in bitcoins when I received my bonus salary before Christmas then for sure I will maybe 10-20% of it.

They key to invest is do not put a one time investment as you will be having a hard time to get your goal if you are not earning well in your day job. You can start slowly since there is not minimum investment of bitcoin when you are just holding it and that is your way..

Do not be left behind as the price of bitcoin now is continuosly rising and I think we are going to the moon again before christmas (if happened, you are late then). Grin

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: Friedchicken on October 26, 2016, 04:28:45 PM

Hell no, don't even have the "money" to invest. All of my fetti are invested in bitcoin already.

Haha! Yeah that's the problem even though I really want to put some money into bitcoin for my investment but still it doesn't help for I am having hard time to invest with it. But if I am going to have a chance to put some money in bitcoins when I received my bonus salary before Christmas then for sure I will maybe 10-20% of it.

Friedchicken

newbie

Activity: 8

Merit: 0

Hell no, don't even have the "money" to invest. All of my fetti are invested in bitcoin already.

michietn94

legendary

Activity: 1274

Merit: 1001

About 10% monthly I'm actively invest on bitcoin since bitcoin really help to made great investation
Bitcoin already help me for paying school fee and help my parent's expense

Topic: did you put all your money into bitcoin? - page 7. (Read 56527 times)