Investing all my savings! | Bitcointalksearch.org

illnino

full member

Activity: 756

Merit: 100

Quote from: mstfprcn on April 02, 2018, 02:04:51 AM

You can do that if you have a savings money but you never invest with a one platform because if you invest your all savings in a one platform if those platform scam are show any problem and you can lose your whole money so you must invest different platform for your future.

Naturally, the best thing is to choose several reliable altcoins and do not forget about Bitcoin. In this case, you can get profit even making exchange operations. Certainly, with time you will get the great experience and succeed in it.

Genosx

full member

Activity: 434

Merit: 100

I think it will be great that you will do that because in investing in the cryptocurrency; the company will accumulates and generate earnings which will contributed to your investment in a given time.

Tigerw

member

Activity: 448

Merit: 12

Quote from: tienigarazz on April 11, 2018, 10:28:00 AM

Sir, it is a good idea to invest your money or all your savings in crypto, but always make sure that you are willing to take risk and you are also willing to accept all the things that will happen wether it is good or bad.
Because it can make your money gone or multiply. Good luck and god bless.

The fact is that it's always easy to talk, but it's very difficult to navigate the market and make the right choice. Of course, if a person is already experienced and has long traded in the market, then he has much more opportunities to minimize his risks. But if a beginner, then no loss will never do.

s0beit

sr. member

Activity: 556

Merit: 250

Quote from: Jorgis94 on October 24, 2017, 02:24:41 AM

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I am investing the money at the next dip.
Please post your opinion guys.

Edit: I should mention that this is for a longtherm hold, about 5-10 years

Sorry for my bad english, but I am better reading it than writing it.. :p

Your idea would be too risky for you to have. I believe that trading is a good way of earning but you should always know your limits. There should always be a careful in everything you release so that if you'll lose something, you won't have any regrets. I think at least 25% of your savings is already enough.

tienigarazz

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Activity: 253

Merit: 100

Sir, it is a good idea to invest your money or all your savings in crypto, but always make sure that you are willing to take risk and you are also willing to accept all the things that will happen wether it is good or bad.
Because it can make your money gone or multiply. Good luck and god bless.

herfie.chen

member

Activity: 672

Merit: 10

simply getting the job done

Do not invest all your savings is not a good idea, save 50% for savings and 50% for investment. Investment also has a risk, when you invest all your savings and the price of crypto decreases, you will lose your money.

one key56

newbie

Activity: 32

Merit: 0

do not invest all your savings because it is a very bad idea, you can be crazy if you lose, you better use half your savings only

Firdausiii

jr. member

Activity: 168

Merit: 1

Quote from: yhoga45 on March 13, 2018, 10:54:20 AM

Wow, a lot of money for long-term investment, such a great idea man. You will be a millionaire later, I hope so. 2 big coins (Bitcoin and Ethereum) nice choice. Hope you can satisfy 5-10 years later.

It is important to know the details with what you invest. And Do not put your money in a single investment especially when you're not yet professional. Do not do it. Investing all your savings is very risky

Geleve

full member

Activity: 588

Merit: 104

it is very risky. because for example if you invested all your savings a few months ago to crypto market, no matter what you bought altcoin or bitcoin, you would probably in high dept. but if you kept some as cash there had been very nice uying opportunities during that time.

mstfprcn

hero member

Activity: 700

Merit: 553

If you invest all you savings in the right coins, right time, you can make money. but invest all your savings is too dangerous i think, you should keep at least 30 % your savings for the bad days.

BUK2016

full member

Activity: 770

Merit: 126

In the first instance not all savings should be channel into investment as we have different types of savings, such as precuational savings, retirement saving, emergency savings.

yhnshjka

newbie

Activity: 100

Merit: 0

Quote from: Jorgis94 on October 24, 2017, 02:24:41 AM

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I am investing the money at the next dip.
Please post your opinion guys.

Edit: I should mention that this is for a longtherm hold, about 5-10 years

Sorry for my bad english, but I am better reading it than writing it.. :p

I do not recommend that you invest in all your savings. The ups and downs in transactions will affect your normal life. You have to leave a part to ensure your life. Once again rethinking your decision, you may be able to consult someone who may have more experience with cryptocurrency investments.

kusach01

newbie

Activity: 121

Merit: 0

Do not invest all your money. Must stay for a rainy day. I always leave 20% of the income untouchable. Otherwise, you can lose everything.

baconlike

jr. member

Activity: 308

Merit: 3

The Premier Digital Asset Management Ecosystem

If your savings are your idle money, I support you when you decide all of them into the Crypto market. If you have the experience and luck, I think your savings will be double or triple.

btccoffee

sr. member

Activity: 516

Merit: 250

kingcasino.io

I think its better if you just invest haft of your savings into some other investments to make sure the risk is small.

SuperAcaiBowl

newbie

Activity: 14

Merit: 0

The golden rule is NEVER INVEST MONEY YOU CANT AFFORD TO LOSE!

Kawasakinamoto

newbie

Activity: 99

Merit: 0

If you invest all your savings just please give yourself a part of that to your personal expenses and emergency stuffs etc. because you are trapped when btc is down.

TIDOVEE

sr. member

Activity: 1246

Merit: 255

Investing all my savings is never advisable,you don't put all your eggs in the same crate. Anything could happen that one would loose such money. If need be, split the money into parts for investment or use a percent for investment.

ov3rflow9x

full member

Activity: 374

Merit: 100

That is a big stupidly to invest all your saving in crypto , you need to leave some cash because if in future will be good ico or good position to invest in some alts but all your saving already will be invested.

tranquanghuy

member

Activity: 166

Merit: 10

HI there, my golden rule is never to invetst more than you can afford to loose!

I do not know about how imporntant your safings are to you or about the value of your savings but you should consider in worst(most worst) case it is gon e or nealry worthless,
even though I would agree on the divison of the CC's you'd like to invest in.

Good luck anyway!

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