Topic: Investing all my savings! - page 24. (Read 14358 times)
I think investing all your saving in cryptocurrency isn't a good idea. Even if you are living under your parent there will still be need you may have to attend to by yourself on regular basis.
I will invest my money into Bitcoin and altcoins, I will keep it in the next 3-5 years possible, in order to gain more, because I believe investing in coins, may be the best way for my future, and hopefully year after year coin prices rise.
But you should check it from time to time, who knows your stored alt coins have dropping so much without your notice. I suggest if your going to hold huge amount of coins, do the daily monitoring so that you still have an idea how does your stored alt coins going on.
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
5-10 years oww. Its really to long.-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
In my opinion, if you really decided to invest all your money in that following well goodluck.
In that case, you have the right choice since those coin are very promising.
And can stand alone, even for a long term.
So I congrats you for a better choice of coin.
On my own point of view I think investing all your savings is not a good idea because we dont know what will happen in trading whether you will earn or you will lose so I would highly suggest that you only invest what you afford to lose.
Better not to put all your money into those pot because you can lose that if the prices crashed down.
Anyway this is a good idea, invest in crypto your savings than in bank, but we do not know tge fluctuation of valuw it may be low or high in no time.
Anyway this is a good idea, invest in crypto your savings than in bank, but we do not know tge fluctuation of valuw it may be low or high in no time.
Woow! Thank you guys for all the information about trading. I really need this kind of advice because I am new here and started to learn as fast as I can.
However, you need to have the full information of what you are doing since this your money is at risk, it's not gambling where you can
only rely on your luck, your prediction should have a valid basis every time you make a decision.
Better not to put all your money into those pot because you can lose that if the prices crashed down.
Anyway this is a good idea, invest in crypto your savings than in bank, but we do not know tge fluctuation of valuw it may be low or high in no time.
Anyway this is a good idea, invest in crypto your savings than in bank, but we do not know tge fluctuation of valuw it may be low or high in no time.
Woow! Thank you guys for all the information about trading. I really need this kind of advice because I am new here and started to learn as fast as I can.
Almost all people will suggest you to invest a low amount and start with this because you ate a beginner and there are very many ups and down in trading. You have to wait to get a small idea about it because no one can predict that its price will increase or decrease. You will loose everything if you loss at there so that you can not be start a new deal so it is not a very good decision at my opinion.
You can invest again from your another deal if you have invested different sites and have loss at one project. You can get knowledge also by investing low amount. Your skill will develop day by day and it is very important at trading. You can get a great online future if you can control yourself and keep calm.
You can invest again from your another deal if you have invested different sites and have loss at one project. You can get knowledge also by investing low amount. Your skill will develop day by day and it is very important at trading. You can get a great online future if you can control yourself and keep calm.
I have some magic beans if you want to buy.
as far as i know, if im going to create or going to choose ill better not invest all my savings because in my case i should have extra money for my daily lives and im only going to invest my 50% of my savings for my future and to make my life changes thats is why im not going to invest all, Well, It seems you are confidently trust cryptocurrency, Just follow your heart, nobody stops you, the higher the risk , the greater chance to earn huge profit, Think twice before you act, Goodluck to your plans, Hoping for your success:)
Yes, that's better as its possibility turn into so wrong. NEVER put all eggs in one basket. Dealing with crypto Investing, its so easy to lose money, you'd think that money would bounce back after your limited days or something but no - all gone. Finally, Investing on your own Sir. EnjoyThis is the motto. Never take excessive risk for this virtual assets. Split your money into smaller fraction by having couple of different coins. This is the best to protect your money and yourself.
Agreed. Following your heart will turn out being one of the most stupid decisions when it comes to investing. That's exactly how most people lose all their money.
Be a bit more logic, diversify, mitigate risk. Don't forget all you gave up to save that money.
Pragmatically speaking, cryptocurrency is still a fragile market and no one should invest 100% of his capital on it. If one really believes in the technology, I would say 50% is already a too aggressive slice but might fit.
Finally, diversify your portfolio as already said, but do it properly. Three coins is far from enough, consider buying at least the top 10. You can weight them based on their market cap, so your portfolio follows the market average movements.
I will invest my money into Bitcoin and altcoins, I will keep it in the next 3-5 years possible, in order to gain more, because I believe investing in coins, may be the best way for my future, and hopefully year after year coin prices rise.
Just make sure that your coins that you'll hold for long-term are the ones that are good for it because if you choose the wrong one it cound be possibly loss its value in the long run. Choose the ones that have a good instability in the market such bitcoin and eth.
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
-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 you have a regular job? If your answer is no,then i would say it's a bad idea,if you say yes then i say it's a good decision,because if your investment fails you have a fallback.We all know that investing in cryptocurrency is risky,with the price volativity no one can really predict the price of this coin in the future.It can make or break for you.
But still the decision is in your hand,if you're a risktaker and believe on the potential of this three coins (it's a good choice for me) in the future go for it and goodluck.
Your portfolio is so good. However, I think you could add more 2 coins in it. They are Playkey and Bitclave. Both of them are released after a successful ICO. You can access their website to research and give your decision.
I will invest my money into Bitcoin and altcoins, I will keep it in the next 3-5 years possible, in order to gain more, because I believe investing in coins, may be the best way for my future, and hopefully year after year coin prices rise.
I also believe in the future of cryptocurrency, I also invest in bitcoin and some potential altcoins but the problem is do not use all your savings to buy cryptocurrency because emergency funds and saving money are important for a particular need. then manage your finances should do for this. otherwise wait until 3-5 years is not a short time dude ? I doubt you can afford to hold that long? 
Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
yes you can save the money you have for the future in the coin, because the price development of the three coins is very good, they have a very high demand with limited supply capacity, making the coin more expensive in the future.
Putting all you're savings on cryptocurrency is not a good idea, you must to put at least 20% of your savings on bank for you're emergency purposes and we didn't know what will happened to your coins in the future.
I will invest my money into Bitcoin and altcoins, I will keep it in the next 3-5 years possible, in order to gain more, because I believe investing in coins, may be the best way for my future, and hopefully year after year coin prices rise.
Hello guys! I am planning on investing all my savings (12500$) 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
-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
One of the rules of investing is that you should never invest more than you can afford to lose. So make sure you still have a cushion when things go south.
That being said, it looks like you are primarily investing in the top market caps. These are good picks but won't grow as much as some smaller cap coins.
A good advice is to at least have 10% of your portfolio on high-risk speculation. Split them into 0.5% position, if one of them goes up by x10, you have 5% of your total portfolio more.
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
Great, you have made a wonderful decision for investing into cryptocurrencies such bitcoin, ethereum, and litecoin. by now I know you doubled your initial investment. When you are investing next time try to focus more on the rising coin on the coinmarketcap and invest in few of the potential ones that will be very profitable too. -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
Are you sure about this? 5-10 years is long you should have atleast you should have plans on when to cash out, always remember that cryptocurrency's price is very volatile and anytime it can change, what are your plans on the next 5-10 years? This is risky, you might lost all your investments if you didn't become an active watcher on prices of there coins.
I agree with you, it is too risky to hold a coin for 5-10 years, because of price volatility that might be detrimental to you especially if you are not actively seeing the development of the price of the coin you hold. Do not hold the coins for long time, if you already get 10-15% profit, better sell the coin, don't be greedy, better earn a little profit rather than lose a lot Well, It seems you are confidently trust cryptocurrency, Just follow your heart, nobody stops you, the higher the risk , the greater chance to earn huge profit, Think twice before you act, Goodluck to your plans, Hoping for your success:)
Yes, that's better as its possibility turn into so wrong. NEVER put all eggs in one basket. Dealing with crypto Investing, its so easy to lose money, you'd think that money would bounce back after your limited days or something but no - all gone. Finally, Investing on your own Sir. EnjoyThis is the motto. Never take excessive risk for this virtual assets. Split your money into smaller fraction by having couple of different coins. This is the best to protect your money and yourself.
Agreed. Following your heart will turn out being one of the most stupid decisions when it comes to investing. That's exactly how most people lose all their money.
Be a bit more logic, diversify, mitigate risk. Don't forget all you gave up to save that money.
Pragmatically speaking, cryptocurrency is still a fragile market and no one should invest 100% of his capital on it. If one really believes in the technology, I would say 50% is already a too aggressive slice but might fit.
Finally, diversify your portfolio as already said, but do it properly. Three coins is far from enough, consider buying at least the top 10. You can weight them based on their market cap, so your portfolio follows the market average movements.
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