Investing all my savings! - page 28.

TomUyamot

sr. member

Activity: 504

Merit: 252

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 am a good English reader, too. But never a writer. LOL. Since this was posted in October, I am one hundred percent sure that you have already made a good deal of profit. Since October, Bitcoin, Litecoin, and Ethereum have already made their prices more than triple. Although the values dipped a little, there is still a big gain. I am happy for you, mate.

mega

hero member

Activity: 812

Merit: 500

Its a good decision to be part of new world cryptoworld but you should up to date regarding crypto,never stop to learn and take decisions carefully you will earn and successful in your aim.Your selection is worthy Bitcoin,Etherum and litecoin are growing and stale hope you will succeed.

tbterryboy

sr. member

Activity: 2030

Merit: 323

Quote from: Ipwich on December 19, 2017, 12:26:01 AM

Just invest less than half of your savings, it's not good to take the full risk in investing as we all know it's based on chances
and does not guarantee success. Choose coins that are undervalued right now, I believe Ethereum tokens are good investment, as long as it's on big market.

It is a good idea to invest the saving in the business as it will double your income if you are getting profit from your investment. I think if you invest 70% of your savings in business and the remaining are left for daily expenses and other needs of life.

If you buy bitcoin on your savings you will get sufficient profit from your investment and such you can increase your amount in trading to get more profit for your future.

rollo33

newbie

Activity: 4

Merit: 0

i think investing of your money is not good idea. it much better if you cut it into two. invest the others and save the rest

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: Ipwich on December 19, 2017, 12:26:01 AM

Just invest less than half of your savings, it's not good to take the full risk in investing as we all know it's based on chances
and does not guarantee success. Choose coins that are undervalued right now, I believe Ethereum tokens are good investment, as long as it's on big market.

Investing of your money is no doubt one of the best ways of making more money but the thing is it is very much risky to put in all your savings into investment.

You can suffer loss as well in your investment and if you will invest all your savings, then there are chances that you will not be able to recover your loss. So, you need to be very much careful while deciding such things keeping all the possible outcomes in your mind.

megget

member

Activity: 140

Merit: 12

Blockchain Identity Verification

I wonder how many investors have not touched their investments for at least 5 years?) This should be your only decision. But we can speculate on this topic. I understand that you chose these 3 assets, because you consider them to be the most reliable. I would suggest that you divide 50/50 risky assets with reliable ones. And add to the portfolio assets such as: Neo, Dash, Nem, Ripple, IOTA, Stratis, Waves.

fasdorcas

hero member

Activity: 798

Merit: 527

Quote from: wayancrypto on December 17, 2017, 10:16:42 PM

In my opinion that portfolio is good idea becasue all of those crypto is most popular one and has big volume and marketcap and also the fundamental is strong to bring the price continue going up in a few years.

This is not that awful dude. There are many people who are investing maximum money into digital currencies because they are earning great profits this way. There are crypto millionaires who have made money more than their expectations from bitcoin. So investing maximum money into bitcoin is not that bad or risky. This is the future of the world economy, so make maximum money with it for your future.

darewaller

hero member

Activity: 2926

Merit: 640

Quote from: shariya M on December 16, 2017, 05:22:59 AM

It's completely your call that where you want to invest. Nobody can advice you better than your own conscious.
There is a risk envolved in whole cryptocurrency market. So choose wisely and Never invest money you can't afford to lose, your selection of Investment is pretty smart , you can also consider Dash token as its price are rising at good rate.

You need to consider both the aspects before making any kind of decision. Investing every single penny which you have can result in huge loss as well. In case things goes wrong, you will not be able to rise again to recover your loss as you will not be having anything in your pocket then. You need to play a safe game, do invest money but always keep money in your pocket for the worst situations.

nelsledma

sr. member

Activity: 572

Merit: 250

Quote from: GoodLuck2 on December 17, 2017, 01:20:53 PM

Quote from: 19mlmendoza82 on December 15, 2017, 07:03:53 AM

it's not advisable to invest everything in one investment.. like what all the businessman said... don't put all your eggs in one basket.. much better to diversify and explore posibilities.

But this is crypto if you will put maximum in the good coin then that coin will give you its maximum and same is the case with me I invested my savings into bitcoin and now it is giving me profit on the daily basis and if I split my saving at time of start then I must not be able to make maximum put of bitcoin now and those who are millionaire now because of bitcoin they say that bitcoin give you surety that it will make you rich.

It will surely make you rich, but you have to keep yourself safe on the same time. Bitcoin is the currency of the future and there is no doubt about it, but greed must not take over our senses and those who have people dependant upon them, they should be more thinking about their family members.

Some part of the saving can also give you good benefits if you put in your efforts in right direction. We have to take care of every aspect than to be greedy.

sjefdeklerk

jr. member

Activity: 154

Merit: 8

SODL

It's a great idea. But even better: take a mortgage one your house (if you haven't done it already). Bring your car to the pawn shop. Then with that money go to the casino and play roulette, put it all on 1 number. If it falls, take your winnings and invest it all in bitcoin. You'll be billionaire in no time and there's almost no risk.

haster100

member

Activity: 154

Merit: 10

I think you will regret if you invest 100% bitcoin, which you have today. there are even some people who regret that they used bitcoins for investment. I think that it is more likely that the winnings will be obtained if the bitcoins are held at the moment.

Albeagle

newbie

Activity: 37

Merit: 0

its smart to invest , but not all of your savings. Maybe half of it. and then when you have x2 your money, then you can take out you investment and hodl the rest.

cicciobtc

legendary

Activity: 1148

Merit: 1001

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

Yes, it is right to invest in the most famous cryptocurrencies, but for me it is not a good idea to invest all your savings, this is an exaggerated risk!
you can invest half your savings (6000 $ is already a large amount) so you can accumulate experience and expertise (and I hope for you also profits) and then you can decide whether to invest more money and diversify ,further, your investments into other cryptocurrencies.

XaurumGamma

newbie

Activity: 58

Merit: 0

good luck

biboy

full member

Activity: 406

Merit: 110

Quote from: bitcoinmasterlord on December 21, 2017, 08:35:45 AM

Quote from: anavir on December 21, 2017, 07:36:45 AM

for me...i may invest big amount but not all ...business is a gamble,it is nit all the time you are successful..ups and down are always present so you have to save money too just incase you are not successful in one business you are into

Yes investing in bitcoin is also one type of gambling, here many ups and downs will come. So investing all our savings on bitcoins is not a good move. Just put part of your savings and try to make a profit from that money. I am using this method.

So it took a risk taker to become a successful one here. You need to atleast focus on what you are doing for you to be able to adapt things easily. For me, I am not advising to put all your savings in bitcoin, I am encouraging just at least half as a start and when you are confident enough then you can play with your investment easily.

bitcoinmasterlord

legendary

Activity: 1148

Merit: 1006

Quote from: anavir on December 21, 2017, 07:36:45 AM

for me...i may invest big amount but not all ...business is a gamble,it is nit all the time you are successful..ups and down are always present so you have to save money too just incase you are not successful in one business you are into

Yes investing in bitcoin is also one type of gambling, here many ups and downs will come. So investing all our savings on bitcoins is not a good move. Just put part of your savings and try to make a profit from that money. I am using this method.

Xising

sr. member

Activity: 910

Merit: 257

I don’t think it’s a good idea to invest all of your savings. Things are really looking good for bitcoin right now, but you must remember, the surge in price indicates extreme volatility, the next dip is anybody’s guess and when it does, no one knows what will happen next. Only invest what you can afford to lose. You should also consider your daily and unforeseen expenses before you make the decision.

Asmonist

sr. member

Activity: 756

Merit: 251

Its good to invest. But to invest all your savings is quite risky. I think we still need to have a regular savings or I may call it as an emergency fund. Investments is risky and unpredictable. Its good to set aside something also so that in times of need you woudn't need to abruptly get your investments. Well, bitcoin now is very profitable. Anytime you can get it. Just make sure to invest all your savings and at the same time save some for emergency fund.

anavir

member

Activity: 350

Merit: 12

for me...i may invest big amount but not all ...business is a gamble,it is nit all the time you are successful..ups and down are always present so you have to save money too just incase you are not successful in one business you are into

Distinctin

hero member

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No dream is too big and no dreamer is too small

Quote from: Derrick on December 21, 2017, 05:49:38 AM

Quote from: PatyZante on November 22, 2017, 12:16:19 AM

Save some for something outside cryptocurrency. Like stocks, life insurance or maybe a business. You can never be too sure.

According to me it is not good decision to invest all your money in one place and also you need to invest some on your money and also you need to save some of your money for your you emergency because when you invest all your money then and you face any need of money then you will be then a problem at that time.

You can diversify your investment but you should not put everything that you have.
Investment is very risky, if you lose it will give you a big problem and you might not able to live a normal life.
Don't be too aggressive in investing, always use your mind and be smart so you can also make a better decision which will give you success.

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