Investing all my savings! - page 16.

Decade_Later

jr. member

Activity: 75

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Changing the world, one project at a time

Quote from: Saichoukyushin on February 02, 2018, 06:41:30 AM

Quote from: Protected101 on February 02, 2018, 06:35:05 AM

I think do not invest all your savings,we are not sure in every flactuations of price be sure you have your savings in case when the price crashed down.Learn some techniques in trading to make all your coins profitable.Before you invest it all atleast you have idea of what you are going to do with it.

Its a suicide move to invest all your money in bitcoin or in altcoin because crypto is so volatile what if the major event that you bought at the peak price example was at 20k usd of bitcoin and suddenly it drops as we are on here the current price that was a totally big loss after all and when you need your money you can get oit because its loss.

I think it's suicide to invest everything in anything. Never go full red 32

Saichoukyushin

sr. member

Activity: 770

Merit: 278

Quote from: Protected101 on February 02, 2018, 06:35:05 AM

I think do not invest all your savings,we are not sure in every flactuations of price be sure you have your savings in case when the price crashed down.Learn some techniques in trading to make all your coins profitable.Before you invest it all atleast you have idea of what you are going to do with it.

Its a suicide move to invest all your money in bitcoin or in altcoin because crypto is so volatile what if the major event that you bought at the peak price example was at 20k usd of bitcoin and suddenly it drops as we are on here the current price that was a totally big loss after all and when you need your money you can get oit because its loss.

Protected101

full member

Activity: 210

Merit: 117

I think do not invest all your savings,we are not sure in every flactuations of price be sure you have your savings in case when the price crashed down.Learn some techniques in trading to make all your coins profitable.Before you invest it all atleast you have idea of what you are going to do with it.

sajeebur rahaman

member

Activity: 224

Merit: 10

I love Beauty

Quote from: kinnu on October 24, 2017, 05:38:58 AM

Don't invest all your savings in cryptocurrencies only, it is not a good idea. Allocate some percentage to coins. Try other investing options like stocks, mutual funds, real estate, bank deposits.

You are right .It's not fair to trust the coin market completely.It can be done in a separate project

RondoAnyar

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Activity: 651

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$CYBERCASH METAVERSE

Quote from: Jorgis94 on October 24, 2017, 03:24:41 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 plan is very good, you have to divide into each coin so that if someday the coin loses you can get profit in other coins. it makes you minimize the risk of losing high. but I suggest you try to invest in a new altcoin that potentially has a good price in addition to your profit.

tarpa07

member

Activity: 194

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If you want to invest all your savings I think it very risk for you. It has a urban talk that is never put your all money in a one wallet if your wallet lose or hack you can lose your all money so I’m suggest you never invest in a one set but you can invest too many site and hope that is very safe for you investment.

rapsa2018

member

Activity: 504

Merit: 10

Quote from: Jorgis94 on October 24, 2017, 03:24:41 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

You just did what you did because the altcoins you selected were good and that's the only ones that you just keep holding it and when it's time to wait for you to make a big deal.

xhienigat

sr. member

Activity: 420

Merit: 250

The All-in-One Cryptocurrency Exchange

Quote from: gurupauts on February 01, 2018, 10:30:29 AM

Quote from: Jorgis94 on October 24, 2017, 03:24:41 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

investing all your savings in different places I think it makes sense because you can profit from different places at different prices, but you should keep monitoring the price movement of coins to avoid losses

Diversifying is the best technique if we want to earn more but investing all your savings is not a good idea. All of us here in the forum keep telling that "Invest what you can afford to Lose" and if you put all your savings then you will left out of nothing if your investment will fail. You should make sure that you have extra funds for something else or you can do averaging if the market is down so you can buy more coin.

Getcoinsite

sr. member

Activity: 714

Merit: 260

Quote from: Jorgis94 on October 24, 2017, 03:24:41 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

why not cut the ethereum and litecoin allocations to both 20% so you will have another 10% available to put on some shitcoins,we might knew after that long period of time it grows together with you main three coins,what do you think?since in crypto nothing is permanent.everything is moveing ups and downs.sometimes always down and ups.but the idea is no one can predict the future of each coins.so try to put some experiment that could give us great outcome

Fulmand

sr. member

Activity: 568

Merit: 250

Quote from: atjiat on February 01, 2018, 03:35:42 PM

Quote from: Birin016 on February 01, 2018, 12:47:34 PM

Investing all your saving would be very risky, i would not recommend as crypto currency can change very quickly and it can drop hard making you lose all your money.Although the distribution you made would be quite profitable if the prices increases but it would be quite a risk too.And now currently all coins are at peak of the value so they can even drop.

of course on the trade exchanges, each coin can have a peak situation, but nevertheless. If you have decided on really promising projects, then its future should not be disturbed. Of course, confidence is not enough for a complete conviction, but you need to learn more about this project.

Well if you really wanted to gain a big amount you really need to overcome a risky situation because there is no easy money at all, Investing is like a gambling we can win or maybe loss on this types of gaining process and we really have to aware on that we cannot predict the movement of the price that is why if we really wanted to ingage trading we need to be more ready on what will be the outcome of our decision.

coinfoxus

newbie

Activity: 13

Merit: 0

Quote from: Jorgis94 on October 24, 2017, 03:24:41 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

When you know for sure that it will be profitable, invest all your savings on it Grin

. In contrast, be careful because it's not stable with long time.

bncbnc

hero member

Activity: 840

Merit: 500

Quote from: dzhan on February 01, 2018, 10:38:59 AM

Investing all your savings in crypto currencies or trading is very dangerous and risky decision. The prices of this currencies is still very volatile, and trading itself is really a risky domain, because you cant avoid the losses. It is better to invest a part of your savings in the most promising coins and tokens.

Yes that is right it may not be a good decision, i think you need to invest your assets in different places so as to reduce the risk of losing all your money in one time. You need to invest your money in different places for reducing the losing chances of all your money. To me i have invested half of my money in crypto currencies trading and investment while half is invested in day trading. In fact i am also getting decent amount of profit from day trading.

atjiat

full member

Activity: 1204

Merit: 104

Quote from: Birin016 on February 01, 2018, 12:47:34 PM

Investing all your saving would be very risky, i would not recommend as crypto currency can change very quickly and it can drop hard making you lose all your money.Although the distribution you made would be quite profitable if the prices increases but it would be quite a risk too.And now currently all coins are at peak of the value so they can even drop.

of course on the trade exchanges, each coin can have a peak situation, but nevertheless. If you have decided on really promising projects, then its future should not be disturbed. Of course, confidence is not enough for a complete conviction, but you need to learn more about this project.

Birin016

full member

Activity: 378

Merit: 100

Investing all your saving would be very risky, i would not recommend as crypto currency can change very quickly and it can drop hard making you lose all your money.Although the distribution you made would be quite profitable if the prices increases but it would be quite a risk too.And now currently all coins are at peak of the value so they can even drop.

len23

newbie

Activity: 175

Merit: 0

For me it's not good you might lose all what you have,cryptocurrency now is in dip we all knew that.But if you think that you can do it and will gain profit go for it besides you will be the one to decide what do you want.

akram143

full member

Activity: 1106

Merit: 166

★777Coin.com★ Fun BTC Casino!

Quote from: dzhan on February 01, 2018, 10:38:59 AM

Investing all your savings in crypto currencies or trading is very dangerous and risky decision. The prices of this currencies is still very volatile, and trading itself is really a risky domain, because you cant avoid the losses. It is better to invest a part of your savings in the most promising coins and tokens.

Yes making a investment in crypto currencies is a good idea but investment with all your savings is very risky but splitting investment is also one of the best way to reduce losses but make a good decision before investing your money .

Johnzky

member

Activity: 616

Merit: 30

Quote from: Jorgis94 on October 24, 2017, 03:24:41 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

go invest today.this is the dip you're waiting .but if you still hold that $12,500 since this post is almost 4 months ago.but let me tell you something dont you ever make investment with all of your funds because failure is just around.what will happen to you if suddenly this forum break out,and theres no other way to win it back?what will you do?

Rebisco

full member

Activity: 651

Merit: 103

Quote from: Jorgis94 on October 24, 2017, 03:24:41 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

Investing all of your savings is good but you should know that your money can lose anytime. There are many cryptocurrencies that can considered as bubble, so the meaning is the value of a particular currency can lose its value anytime.

emmybd

full member

Activity: 1218

Merit: 112

In my opinion, it is not a good idea to invest all your savings in cryptocurrency. You can invest as much as you can afford to lose. What if any unusual things happen and you lose everything, so I would suggest you reconsider your plan and devise a new strategy.

dzhan

sr. member

Activity: 743

Merit: 250

Investing all your savings in crypto currencies or trading is very dangerous and risky decision. The prices of this currencies is still very volatile, and trading itself is really a risky domain, because you cant avoid the losses. It is better to invest a part of your savings in the most promising coins and tokens.

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