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Topic: Investing all my savings! - page 17. (Read 14358 times)

jr. member
Activity: 150
Merit: 2
February 01, 2018, 09:31:26 AM
You have a good portfolio  and your strategy  of holding it for such number of years makes your idea laudable. But I will only recommend  you invest all your savings only if you think is possible  to make an end meet  and fulfill  all emergency  demands without  touching  your cryptocurrencies  investment. If all things being equal, you leave this money in crypto by the end of your investment  period, you can make about 1000% of your initial  capital.
member
Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
February 01, 2018, 09:30:29 AM
Hello guys! I am planning on investing all my savings (12500$) 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
member
Activity: 238
Merit: 10
February 01, 2018, 09:19:40 AM
That’s the best thing you can do with you saving to putting it into the right place and still there is more coming in future that will give you millions out of your saving s just you have to keep patience and don’t get panicked and don’t leave the side of of bitcoin, I would not recommend as cryptocurrency can change very quickly and it can drop hard making you lose all your money
member
Activity: 238
Merit: 10
February 01, 2018, 09:19:28 AM
If you will invest all your savings then you are in danger because you will not have any back up money for any emergency situation that may happen in the future and it is best for you to not do it and sell some of your bitcoin and keep them in a safe place like in banks as a back up money. Cause if you lost your capital in trading you could start it again
member
Activity: 191
Merit: 10
February 01, 2018, 09:19:06 AM
Sure, day trade can be very effective in making some cool bucks and adding to what you have, but it all still balls down to the aspect of knowing what to do. It is not all about buying at dips and then selling at peaks, there are just some dips you think are dips which they end up not being and then if you are not good enough to make decisions, so many people fumble it up which is why the OP should thread carefully before considering any day trading option
sr. member
Activity: 532
Merit: 257
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
February 01, 2018, 09:06:24 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

Don't invest all your savings in cryptocurrency make it half then split it into 2 50% on bitcoin and 50% on ethereum if you want a long term investment.
5-10 years is really long period and it would be hard to predict what would be price of any cryptocurrency happen in that time, if they still exist. If 12500$ you have today is something that wont bother you if something bad unexpectedly happen the go push your plan but if you saved that for future usage and you know you will be needing them I don't suggest you put it in investment like altcoins. Look how almost altcoin dump continously this past few weeks, I bet too many trader and hodlers are now in loss.
newbie
Activity: 175
Merit: 0
February 01, 2018, 09:00:25 AM
investing all your savings in cryptocurrency,in my own opinion is too risky.Why not invest the half of it in other things.We all aware that bitcoin now is not that good than the previous year.Think more about your decision.By the way goid luck to you my friend.
member
Activity: 244
Merit: 13
February 01, 2018, 08:50:13 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

Don't invest all your savings in cryptocurrency. If you want a long term investment devide your savings the 6500$ make it your savings then the 6000$ split it into 2 3000$ on bitcoin and 3000$ for ethereum so incase of emergency you have a savings.
hero member
Activity: 952
Merit: 515
February 01, 2018, 08:13:39 AM
I wont recommend that because if BTC dump you will also be affected. so i recommend invest what you can loose not like your house, car all your savings to risk. use your common sense to be ready at any situation.
It is recommended to invest all the funds that is intended in investing but not all your money should put in investment since we don't know what price we would have tomorrow or the next day, but one thing is for sure it would rise in the future but we are not that certain when it will take or for how long we will wait.
sr. member
Activity: 616
Merit: 250
February 01, 2018, 07:40:15 AM
I wont recommend that because if BTC dump you will also be affected. so i recommend invest what you can loose not like your house, car all your savings to risk. use your common sense to be ready at any situation.
member
Activity: 378
Merit: 10
February 01, 2018, 06:22:17 AM
it's all up to you my friend,but for me you can invest half of your savings because we don't know the value of the coin its up & down.

Yes, as an investor we can't do anything because when the prices are low we have to invest them in order to make the profit when the price of coin increases. People who are waiting patiently will make more money in crypto because i am experiencing these things from the beginning of my crypto trading.
member
Activity: 240
Merit: 17
Buy, sell and store real cryptocurrencies
February 01, 2018, 06:06:11 AM
Its okey if you invest in eth,btc,and ltc. This coins has a high volume and demand even more times it dip it surely comeback much better. This coin is growing and growing. But investing in a new coin dont put all your saving because there is a chance of shutting down the project and tou money will disappear
full member
Activity: 476
Merit: 100
February 01, 2018, 05:55:03 AM
as they always say, the greater the risk, the more profits. I would not suggest you go all out with your savings though, because, in every investment, you should always have a plan to do something, but if you feel this is a risk you are willing to take no matter what happens in crypto in Crypto World in 5 -10 years ahead, then nothing can stop you.

Your percentage distribution is fine, because you hold the long run, but I see no reason why you should wait. No one knows the future, but it might be good, if you buy it now, save some money and if there's a setback, buy more.
It is true. Creating plan is very important for you to easily know what you gonna do next. Cryptocurrencies are so volatile, you should know that you can lose your money anytime.
full member
Activity: 434
Merit: 117
February 01, 2018, 05:32:36 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
Do not invest all of your savings in the cryptocurrency! Invest only partial of your savings. There is high risk in investing your money on cryptocurrency. I think it is good if you will study first the investment that you will do.
jr. member
Activity: 84
Merit: 2
February 01, 2018, 05:31:02 AM
I will not invest all my savings here especially that I am a newbie here. I will start in small amount then will just put more once it grows. Step by step will be my strategy here.
jr. member
Activity: 84
Merit: 2
February 01, 2018, 05:03:02 AM
I will not invest all my savings here especially that I am a newbie here. I will start in small amount then will just put more once it grows. Step by step will be my strategy here.
hero member
Activity: 2716
Merit: 698
Dimon69
January 30, 2018, 01:28:16 AM
NEVER go all in ever in something, whatever that is. Use maximum 30%-40% of your savings. It is the first rule of economics. Your idea of investing in cryptos is correct and many encourage it but put only a certain amount in it. Diversity in your portfolio is absolutely necessary!
investing all savings? its up to a person on how he/she will handle this kind of i should say a problem but for me if i have savings  i only invest the half of it because the other half of my savings was this gonna be for my daily needs and for the things that i really need so that im not going to invest all my savings.
having some different kind of personality , are may having a your own decision and also your strategy on how you are able to handle this kind of situation for example this is what you are able to take for invest all your savings for this is may depends on the person that are trying to take that for.
sr. member
Activity: 1274
Merit: 263
January 30, 2018, 01:16:55 AM
I suggest don't invest all your money to crypto currency,  your money is $12,500 and that's big amount. 
You can try to to invest only your half money $6000-$7000. Incase you need your money.

Your decision to invest your money to bitcoin, ethereum and litecoin and for sure your monet will your money eill grow but it is not hundred percent sure they have possibility your money lose.  So be careful.
member
Activity: 392
Merit: 24
January 30, 2018, 12:42:27 AM
First of all please do not invest all savings.
And then this subject is opened 3 months before so it was written to put amount on BTC, LTC and ETH.
Well, BTC and ETH is fine but LTC has same graph with BTC so instead of LTC it can be good to have NEO or similiars..
full member
Activity: 238
Merit: 100
January 29, 2018, 11:56:31 PM
NEVER go all in ever in something, whatever that is. Use maximum 30%-40% of your savings. It is the first rule of economics. Your idea of investing in cryptos is correct and many encourage it but put only a certain amount in it. Diversity in your portfolio is absolutely necessary!
investing all savings? its up to a person on how he/she will handle this kind of i should say a problem but for me if i have savings  i only invest the half of it because the other half of my savings was this gonna be for my daily needs and for the things that i really need so that im not going to invest all my savings.
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