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Topic: how much percentage of ones savings should invest in coins? (Read 280 times)

member
Activity: 287
Merit: 10
invest what u can afford to loss dont invest all ur saving it is nt advisable
full member
Activity: 588
Merit: 111
I love the Cryptocurrency world
you should use a percentage that you feel confortable to loose, 15 or 20% is a good number, remember the cryptocurrency world is very volatil. but once you are in with the time you will fell more and more confortable.

most of my friends are holding a good part since a year ago but they feel very good right now no matter the price.  Wink

sr. member
Activity: 396
Merit: 250
When you invest in btc or other crypto then the risk is very high so I wanna say that you should invest in crypto with the money you are willing to give up. This means that when you start with this money, you should think that you have actually lost this amount of money. And how much percentage is that, it depends on you.
full member
Activity: 197
Merit: 100
well, i haven't been investing in coins.someday i will learn to it but my husband does.He invest coins but not with our money but the payment of our hardwork here in forum.He invest 50% of coins then 50% of it will go to our banks.We exchange it to our currency and deposit it to the banks
sr. member
Activity: 490
Merit: 250
i have some savings and want to invest in bitcoin. should i just input some pocket money or 10% or 50% of it or all in? i wont use the savings for a long long term. besides, if i lose all these money it wont effect my present life. advice please.
Interest rate on banks are minimal. There are a lot of coins out there that are good prospect for investments and if you are accustomed with cyptos then go for it. I would say 20-30% of your savings would be good.
hero member
Activity: 1372
Merit: 503
i have some savings and want to invest in bitcoin. should i just input some pocket money or 10% or 50% of it or all in? i wont use the savings for a long long term. besides, if i lose all these money it wont effect my present life. advice please.

My advice would be to first sit down and then list down your plans for how you see you olans for your future. Then, go to your expenses and income and try to forsee any possible expense that you might incur. Once you are left with your savings you then become to know and decide for yourself how much are you eilling to invest and then some by putting this all
legendary
Activity: 1372
Merit: 1008
Before you invest your entire savings you need to understand that the cryptomarket is very unpredictable and unforgiving sometimes

and if you have a big heart to overcome such situations for a start you can go with 30% of what you have in your savings.
One more thing dont limit yourself to bitcoin you have a whole pool of coins to choice from Wink
Sometimes the quote "do not invest more than you can afford to lose" is very useful. the point is to allocate funds in accordance with your financial capabilities. really what you're saying is that you have to understand first about cryptocurrency. how the price changes are unpredictable and volatile. and you must understand also about the risks. once you understand that you can try to allocate funds according to your financial ability. eg 30% of your savings (it's not so bad). then you can divide that 30% into the various coins you want to invest. yeah true don't limit to bitcoin only
newbie
Activity: 51
Merit: 0
I think 5% is good enough to start with. Need time to learn and know the coins you are going to invest. When you feel comfortable, you can invest a little bit more. "Know you limit, play within it."
full member
Activity: 352
Merit: 100
It is difficult to speak about percentages, since it can change from case to case. The right answer is that you should invest in coins only the money that you can afford to lose. This has been said again and again, but never enough.
full member
Activity: 249
Merit: 109
Hallo Robotrabbit,

First, never go "ALL IN". Then you had to split your allocation according to your expectations and to risk you are willing to support if thing will go bad. Remeber that if you lose 50% of your invested amount, you need to have 100% profit to cover your loss. Also if you lose 90% of your invested amount (and this could happen) you need 1000% profit for cover your loss!
I could help you create a good asset allocation, but  for make a good work (as i wrote in PM) i need to know you total asset ( in % , not in value) and risk you are willing to support in terms of loss.
sr. member
Activity: 1050
Merit: 250
go with the smallest percentage of your thinking for the reasons mentioned earlier(about risk)
instead of eagerly putting all that is there to get more profit but only an unexpected dance will await you even if you say it will not affect your finances but run in a field that you do not understand will be dangerous. better with small numbers, then learning from there and maybe 10% or less will be better
full member
Activity: 350
Merit: 100
Actually, the financial solution is our own. cause we who know what to use for the future. so, we must have secure funds when our investment is no profit and even decrease.
about the percentage you have to spend from your savings, maybe you can try from 20% first. and this is what I did.
full member
Activity: 490
Merit: 106
i have some savings and want to invest in bitcoin. should i just input some pocket money or 10% or 50% of it or all in? i wont use the savings for a long long term. besides, if i lose all these money it wont effect my present life. advice please.
Bitcoin is the best choice to invest but that doesn't mean that there is no risk, that is why it is not advisable to invest all your money or savings in one investment. My recommendation is since you are willing to use all of your savings to invest and you said that it will not affect you if you lose, you should also try to look for other cryptocurrency and spread your money in different kinds of coin, of course including Bitcoin because it is one of the best cryptocurrency to buy for long term investment. It's up to you on how will you diversify your portfolio.
full member
Activity: 392
Merit: 113
It depends on how much do want your money o be managed. If you dont trust bitcoin since it has fallen in value lately, you can put only part of your money. Those believe in bitcoin sees it as a dependable investment but not all believe.
legendary
Activity: 1372
Merit: 1027
Dump it!!!
Before you invest your entire savings you need to understand that the cryptomarket is very unpredictable and unforgiving sometimes

and if you have a big heart to overcome such situations for a start you can go with 30% of what you have in your savings.
One more thing dont limit yourself to bitcoin you have a whole pool of coins to choice from Wink
full member
Activity: 140
Merit: 100
The interesting about saving is that i used to have about 20% of my whole saving in crypto. But due to the dec 2017 crazy rise, now my crypto is like 60% of my whole saving. It grew more than x3. So it is kind of hard to balance my whole portfolio.
newbie
Activity: 33
Merit: 0
I would say don't exceed 50-60% of your savings since coins are pretty risky no matter how secure people say they are, the risk of getting hacked is still a possibility. Coins provide no insurance so we should be smart.
hero member
Activity: 1344
Merit: 502
I would say invest a certain amount you are
comfortable with investing in altcoins, dont
put all your funds in at once that could result
in allot of lost in the altcoins trading market.
member
Activity: 81
Merit: 10
A simple as day & night - amount which you can afford to lost. The point of time when you transferred FIAT to CRYPTO consider as possible lost (not only from price depreciating but also from hacks, bugs, regulation, etc.). Smiley
hero member
Activity: 2086
Merit: 994
Cats on Mars
There isn't a set number or percentage that people take as a reference when it comes to investing in cryptocurrencies, after all, it depends on you, it depends on how much money you have, and how much you are willing to lose. Remember that even though the cryptocurrency market is an attractive market to invest in, at the end of the day, you're also taking a big risk (your savings can always be of help in the long run).

However, I can throw a number given my personal experience: 50%. I felt comfortable with this number as it gave me the opportunity to buy the coins I wanted, and I was able to keep some fiat on the side.

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