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Topic: Investing all my savings! - page 18. (Read 14329 times)

full member
Activity: 420
Merit: 100
January 29, 2018, 09:37:50 PM
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.
member
Activity: 364
Merit: 10
January 29, 2018, 09:27:49 PM
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 know that there is a rule in investing that i keep in my mind always. Invest your money which you can afford to lose. I think you should think about that. If that USD12.5K you have is a spare money to you then go ahead. It is your choice because at the end it is you who control your money and you have all the right with it. Just research and choose the right coins for your investment.

Choosing 3 coins is good. Don't keep your eggs in one basket.
member
Activity: 101
Merit: 13
January 29, 2018, 08:33:47 PM
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.
jr. member
Activity: 63
Merit: 1
January 29, 2018, 08:17:48 PM
Even though investing all one's savings in cryptos is a very bad idea, if you did it at the time when you have announced you would do it, in October 2017, then perhaps you must be very happy with the results now Smiley
This is one case when a very bad choice is getting actually rewarded Smiley Rejoice!
full member
Activity: 490
Merit: 100
January 29, 2018, 06:43:45 PM
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 would you want to invest all your savings? are you not worried? I suggest that you invest half of your savings, if you already benefit from your investment, try to use it again for investment, so you invest the profits you get, maybe this will be better and safer.
But, everything comes back to you, if you think that this decision is the best, try to be able to accept the risks that you will face, hope you are lucky ...
full member
Activity: 418
Merit: 100
January 29, 2018, 04:30:55 PM
it is better to use only a portion of the savings instead of using all the savings for investment, in anticipation of losing one's time, because investing in crypto has a high risk
newbie
Activity: 11
Merit: 0
January 29, 2018, 02:59:17 PM
I suggest you invest 50%. It is too risky to invest all your savings in cryptocurrency because the future is unpredictable. Invest what you can afford to lose.
It will be wise because investing all of your saving is risky if you are not a well experienced with bitcoin, I really believe in investing half of your saving because this way if you will be in some emergency need of money then you will not have to use your bitcoin. At very start should start with spending less and earning high and gradually you will become experienced and get a lot of benefit. Money is not easy to earn so just be careful.
member
Activity: 350
Merit: 12
January 26, 2018, 09:32:46 AM
for me ..invisting all youe savings is not a good idea..what if you failed? then you do not have money because you invested all your saving...in my own opinion..i may invest half of my savings that way if the money i invested failed i still have money left in my pocket and vise versa..if the money i invested is successful then i am lucky because i have more money to add in my savings
newbie
Activity: 42
Merit: 0
January 26, 2018, 07:58:43 AM
I think all the savings that you have is not a good idea to invest it all.Think a million times before do that.It's insanely decision.I already experienced how to lose all money that I hard earned.That is why I am more careful were I can invest my money,especially the savings.Think and think and think.
sr. member
Activity: 308
Merit: 250
January 24, 2018, 02:58:34 PM
People need savings for future so people invest. Now the question is where to invest? Its a good time to invest in cryptocurrency right now. The price of the currency has decreased in the beginning of the year and it may be doubled in the future.
Exactly, we are finding job, doing a night shift or an 8  hours duty to earn money and at the same time to have their savings that they could use in the future. And for your opinion of investing all your savings is somewhat a good decision but still a risky one. I would not agree with this and I guess 20-50% of investment of your savings is enough.

That amount is even higher than you need to do. I can't go with that much money to buy bitcoins, let's say. I can only provide 8-10% of my total budget. More than this, would be an excessive amount of money.
full member
Activity: 225
Merit: 104
January 24, 2018, 02:51:19 PM
This investment is suitable for a long time.
I wish you success
newbie
Activity: 98
Merit: 0
January 24, 2018, 02:05:34 PM
It is your decision if you want to invest all your savings,but you have to think million times and make yourself ready what ever happens.
newbie
Activity: 29
Merit: 0
January 24, 2018, 11:53:07 AM
All people sane for the future. But how you save it is worth it. In my opinion, it is better to invest all money in a small amount of money without investing in a single job. As you- if you invest 10000$ you will get 15% profit per month. But if you invest a little less than in three places then you can achieve 30% profit in the month.
member
Activity: 128
Merit: 10
January 24, 2018, 11:15:33 AM
Since I'd been into trading and experienced to lose and earn money. I came to realize that in trading you also need to give what you can afford to lose. So, in your case you used all your savings all just want to say is good luck. Anyway you have a good choice of coins you invested to. Always remember invest what you can afford to lose there's no turning back in trading if you made a wrong move.
member
Activity: 294
Merit: 36
January 24, 2018, 11:02:28 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 think investing all saving in trading is not good idea. because in trading has up and downs so you have to take step very carefully. all the money investing in bit coin is not good. you have to invest few amount of money in trading it is good idea. but total money investing is not good. for that reason i would like to explain you you have to few amount of money only in trading.

I agree. The operative word that made it distasteful to most is "all" your savings. By doing that, you are putting yourself in a very dire and bad spot, especially, in the event that all your ventures don't workout for the best. Unfortunately, that is always a possibility to consider in the cryptocurrency market. Therefore, having some savings for emergency and contingency would always be a better idea. I know that you're doing this  to get more profit, but I think that that leap of faith is so miscalculated that it might turn out bad in the end. Thus, even if I support your percentage distribution of where you want to invest, I don't agree that you will be investing everything in it.
hero member
Activity: 2926
Merit: 636
January 24, 2018, 09:18:17 AM
Don't do it. because it's your guaranteed money and when you invest that money here and you just make a wrong decision on where to put it or if your investment got low in it's price. You will just lose it and it's bad to invest what we have save for a long time. Just put money which you think you don't care if you lose it rather than putting your savings here.
That is a huge money at stake on your part, you might lose if you fail so that will probably give you a big problem if you do that.
When investing we should be smart all the time, choose the investment that we believe we know it so our chances of success will be bigger.
Actually, investing in crypto is quite a great decision but to put everything is not.
newbie
Activity: 102
Merit: 0
January 24, 2018, 04:08:24 AM
Don't do it. because it's your guaranteed money and when you invest that money here and you just make a wrong decision on where to put it or if your investment got low in it's price. You will just lose it and it's bad to invest what we have save for a long time. Just put money which you think you don't care if you lose it rather than putting your savings here.
full member
Activity: 461
Merit: 101
January 24, 2018, 03:36:56 AM
People need savings for future so people invest. Now the question is where to invest? Its a good time to invest in cryptocurrency right now. The price of the currency has decreased in the beginning of the year and it may be doubled in the future.
Exactly, we are finding job, doing a night shift or an 8  hours duty to earn money and at the same time to have their savings that they could use in the future. And for your opinion of investing all your savings is somewhat a good decision but still a risky one. I would not agree with this and I guess 20-50% of investment of your savings is enough.
newbie
Activity: 111
Merit: 0
January 24, 2018, 02:20:45 AM
You can invest 50 percent and day trade than investing all.
newbie
Activity: 26
Merit: 0
January 24, 2018, 02:09:54 AM
There is more risk in cryptocurrency field.So, do not put your all money to it.You can also invest to some good ICOs.
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