I bet it all in bitcoin? - page 8. | Bitcointalksearch.org

millensharon8

member

Activity: 378

Merit: 13

Quote from: clrpod on January 04, 2019, 04:48:15 PM

Quote from: scanderpot on January 04, 2019, 04:05:20 PM

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.

The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

Only too many people are blinded by their optimism and fail to see the downside. It seems that when it comes to investing people are a lot more naive than in other aspects of life where they're able to think rationally and adapt to risk.

I would say people who are in this market are just assuming in their head right now how well bitcoin is going to make them rich in the long term and they are not investing because they believe in the long term potential when it comes to the usage of the market globally for a lot of reasons. So, trust me, I am not surprised if I see a lot of people in this market with their naivety seeing this space as gambling and not even considering the risk involved before hitting the market to invest or trade.

Visbay

sr. member

Activity: 1236

Merit: 252

Quote from: paxaway21 on January 09, 2019, 02:47:13 AM

For sure they will gonna invest again in bitcoin and hopping that it will rise up again in this year because many peoples again making some prediction at this 2019.

That’s all what I actually want people to do. When same as us everyone will think this way so that day is not so far when all over the market there will be only one thing that will be bitcoin the highest price and world wide used coin. So don’t let that time go wasted mate. Hold your money and invest it for sure you will get better result at the end.

tothanhtuan

full member

Activity: 448

Merit: 100

Would love it as well - only risk of this is that many of our favorite alt coins would die. Of course I wouldn't like to see that . Personally 3k is a target I'd buy with a stop loss at 2.8K or so

paxaway21

member

Activity: 364

Merit: 10

For sure they will gonna invest again in bitcoin and hopping that it will rise up again in this year because many peoples again making some prediction at this 2019.

joromz1226

sr. member

Activity: 798

Merit: 258

Quote from: OrangeII on January 09, 2019, 02:05:02 AM

Quote from: Xardasim on January 08, 2019, 05:07:33 PM

In this case it is hard to decide which decision to choose. Maybe you should wait until the understandable situation. Then it may be late, but your loss will be less. Or try to risk some of the money.

before investing, of course you have to know the risk. well, but you might be able to get a big profit when the price goes up. but you must know, that the decline can also make you a big loss. however, I think that has become your choice when investing everything in bitcoin.

That's right, you have a point mate. But the thing dangerous about what the person's planning was that putting all his bet into bitcoin.

In the situation we had it now in the market, I think its not advisable to do it in my own opinion. But of course the decision will still up to Him.

OrangeII

hero member

Activity: 2170

Merit: 503

Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: Xardasim on January 08, 2019, 05:07:33 PM

In this case it is hard to decide which decision to choose. Maybe you should wait until the understandable situation. Then it may be late, but your loss will be less. Or try to risk some of the money.

before investing, of course you have to know the risk. well, but you might be able to get a big profit when the price goes up. but you must know, that the decline can also make you a big loss. however, I think that has become your choice when investing everything in bitcoin.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: WatchMaker on January 06, 2019, 06:30:54 PM

I don't see anything wrong with going all in on bitcoin. I think we have seen the worse days of market in December 2018 and believe the worse days are behind us and we are about to witness the full recovery of the market.

Going all in is what noobs do. Every serious investor makes sure there is always enough investment capital on the side to buy in will the price drop further, which is a possibility that always exists. Bitcoin's decline from $20,000 to where we are right now is the perfect example of why that is important.

This market is messing with people's mindsets continuously. Today they have all the confidence in the world to go all in, while if it drops like 5% the day after they suddenly pull back out of fear. People tend to overestimate their ability to either trade or invest, which ultimately leads to severe losses if you're stuck in a cycle of buy high sell low due to how hostile this market can be.

The more comfortable you get with current prices, the more difficult it will be for you to deal with the situation will the price restest its prior lows.

creeps

full member

Activity: 742

Merit: 144

Quote from: WatchMaker on January 06, 2019, 06:30:54 PM

I don't see anything wrong with going all in on bitcoin. I think we have seen the worse days of market in December 2018 and believe the worse days are behind us and we are about to witness the full recovery of the market.

Yes, there’s nothing wrong but its too risky to go all in even if its bitcoin. You must consider that if you lose on this you will lose everything. But since I believe on bitcoin i think you can be profitable if you keep that coin with you for atleast 1-3yrs. The market can’t go high easily, still need more time and more good news for that.

hermankoles

jr. member

Activity: 275

Merit: 1

https://customcontract.network

Market conditions continued to decline and forced many investors and crypto users to choose well-established coins such as Bitcoin and ethereum and that had met the risk management rules for large losses even though not yet optimal profits were obtained, but long-term asset security was guaranteed

Xardasim

sr. member

Activity: 1624

Merit: 250

In this case it is hard to decide which decision to choose. Maybe you should wait until the understandable situation. Then it may be late, but your loss will be less. Or try to risk some of the money.

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

It's unlikely you're going to lose 100% of your investment by investing into cryptocurrency or Bitcoin, but I would highly suggest diversifying your money into other things besides going all-in on Bitcoin or any other cryptocurrency despite the potential of high rewards. Investing for the long term is also a relatively good play as of now in cryptocurrency; buying a few coins and storing them on a cold wallet or paper wallet with backups is decent if you're going down this route.

I would also suggest that you don't go all in at one time in BTC or cryptocurrency. Stagger your buy orders by price or time in case prices are volatile around the time you're buying in.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

I dont think you will lose it all.
Besides, bitcoin is still in the stage where it just needs to be pushed for merchants to use it more.
Technology is changing and it grows so fast. I do think bitcoin will be one of the things that will be a part of the transaction businesses.

For now, we are suffering at how much the fees are but give it more time and everything will change. One example is Western Union which takes a lot for just a small amount of money that is being sent.

@Hakermania@

hero member

Activity: 728

Merit: 500

MenaPay - Crypto made easier than cash

Quote from: scanderpot on January 04, 2019, 04:05:20 PM

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.

The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

If you're right you get gain, if you're wrong you can also lose 90% ... but then what do you mean by "everything"? your capital invested in crypto? in any case it is a bet exactly like rolling a die.

BeGoods

legendary

Activity: 1372

Merit: 1008

Quote from: Gridness on January 06, 2019, 10:28:08 AM

Quote from: farosa on January 04, 2019, 05:02:10 PM

If you want big profits, you should accept big risk. Both choices can be and unfortunately, it is impossible to know which one will happen. I think it is better to try as you can risk, otherwise you may lose all your money. ''Greed is good, but when the time comes.''

to get a large profit not with a big risk, you will get a big profit even with a small capital if you study and analyze the technique

I will correct it. by taking a big risk the profit will be far greater. but you are right that you don't have to use all your money to make a big profit. You only need to use your skills and intelligence in finding the right opportunity to buy and sell to get big profit.

harleymasters

full member

Activity: 225

Merit: 100

Your thoughts are really like me. I am ready for the most expensive price I have to pay in the cryptocurrency market. I believe that bitcoin will not disappoint me as many people have said. If Bitcoin is a bubble, plunging into a bubble is the way I make money. I also bet all on bitcoin. Good luck to you and me Cheesy

raven7886

legendary

Activity: 1512

Merit: 1041

Quote from: WatchMaker on January 06, 2019, 06:30:54 PM

I don't see anything wrong with going all in on bitcoin. I think we have seen the worse days of market in December 2018 and believe the worse days are behind us and we are about to witness the full recovery of the market.

You are just talking about the current situation of the market and investing all into bitcoin right now may be the right option but it cannot be an universal suggestion with respect to bitcoin investment for ever. Even for current times, we cannot be sure about those worse days will not be repeating again in 2019 but, if you are able to withstand any further fall down then you may go for bitcoin with all your capitals. But my suggestion is, you may go for bitcoins with all your capital but you should look for long term like 2020 or even further.

Quote from: scanderpot on January 04, 2019, 04:05:20 PM

The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

If you had asked for any other investment then I will definitely say "a big no". But you are asking about bitcoin investment then I will be suggesting to go for it but you should be ready to wait for some infinite period also. Yes, for long term only you can go for bitcoin with all your capitals.

Mr.grin

legendary

Activity: 1218

Merit: 1000

Quote from: WatchMaker on January 06, 2019, 06:30:54 PM

I don't see anything wrong with going all in on bitcoin. I think we have seen the worse days of market in December 2018 and believe the worse days are behind us and we are about to witness the full recovery of the market.

maybe we don't see the wrong thing, because now the price is still rising. however, I do not recommend this, because putting it all in one shell will make the risk even greater. maybe when the price goes up high, you will get a big profit, but think if it is the opposite.

KnightElite

sr. member

Activity: 924

Merit: 275

Quote from: BitcoinHunt3r on January 06, 2019, 12:46:54 PM

Quote from: scanderpot on January 04, 2019, 04:05:20 PM

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.

The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

i think if you really confident with your decision, nothing that would make you worried. Because real investors must already prepared even for worst thing that will happen with their investment.

That is one of the characteristics of a real investor, if you are really willing to make investment then you should always prepared to the unexpected situation that you are going to face.

Reid

hero member

Activity: 3052

Merit: 651

I diversified.
Although I trust bitcoin a larger percentage, it is also a good thing to try something else.

It aint a fall back but just so we could see how far it will get.
But a larger percentage is still with bitcoin. No doubt about that. Ethereum is just next to it and other ICOs. I wont say it is a waste of money for I have already made some profit and exchanged it to bitcoin.

WatchMaker

full member

Activity: 518

Merit: 104

PUFFY FINANCE

I don't see anything wrong with going all in on bitcoin. I think we have seen the worse days of market in December 2018 and believe the worse days are behind us and we are about to witness the full recovery of the market.

Topic: I bet it all in bitcoin? - page 8. (Read 2765 times)