Investing all my savings! - page 3. | Bitcointalksearch.org

GreatArkansas

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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

You have a good choice. In my own opinion, ethereum and litecoin is really agood investment for long term. They will really the best coin for the year 2019. They have very unique idea and their team is very active to develop the project quality.

Mercedes

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In my opinion , you should choose the best encryption currency, I suggest that you put 50% of your money in your bank, because crypto currency is unstable. No one can predict the price.

Darker45

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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 guess you have already made your decision about your investment plan. As for me, I believe you have good choices of coins although I think it would be a little better if you made your portfolio a little more diverse. But then it is good enough for me. The sad truth however is that probably from the time you have made your decision, your portfolio's value is down. The good side of it is that you are planning to hold your coins for about 5-10 years. You will definitely have more than a hundred fold of your starting investment by that time.

tbterryboy

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Quote from: korong ajem on April 04, 2018, 12:18:26 AM

I think it is a good idea and crazy, you will be crazy if lost and if you get for you will be more crazy

This is called thinking of holding a diverse portfolio. It is a good idea to enter the business but not with your entire savings. You must have the money for transaction, speculation and precautionary purposes. This guides you to allocate a specific part of your saving for the investment only. The autonomous consumption concept must be kept in mind while making the investment decisions.

otundebis

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I could see that you are risk averse when it comes to choosing where to invest. The coin you have highlighted are pretty solid, and no matter what happens to cryptocurrency market these coin we hold and increase in value over time.

Saichoukyushin

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Quote from: angrynerd88 on April 03, 2018, 11:37:50 PM

Knowledge is necessary whether you invest,Putting all eggs in same box is risky decisions so educate yourself and learn about the coins and invest in high volume reliable coins.Investing at one place is risk of loosing so diversify the investment in different coins it will save the money.

It is really not good idea to do. Diversifying your money in different altcoins as investing all your savings was still a risk. The appropriate thing to do is to pull out the half or 20-30% of your savings depende on your choice and not to include it in your allotted money for investing.

korong ajem

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I think it is a good idea and crazy, you will be crazy if lost and if you get for you will be more crazy

angrynerd88

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Hodlers Network

Knowledge is necessary whether you invest,Putting all eggs in same box is risky decisions so educate yourself and learn about the coins and invest in high volume reliable coins.Investing at one place is risk of loosing so diversify the investment in different coins it will save the money.

Apened

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Quote from: novocaine on April 03, 2018, 07:50:22 PM

Don't invest all your money, because there is no permanent in crypto, what if the price of the coin you invest will dump? Any coin can lose the value anytime. So better half of your money not all.

There is a chance it all could come crashing down around us. Maybe invest 50-75% in cryptos "just in case" and the rest in more typical options, just to be safe.

This occurs when a people is greed to earn or to the new comers here in crypto without a proper knowledge what they are entering. Investing all in is not a good mind it is more prone to risk, greed and panicking that is present at all times what more here in crypto. Logically, they think when they invest it was an easy money like for example bitcoin at 10k they think it will go 15-20k usd thats it so they invest all their savings.

novocaine

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Don't invest all your money, because there is no permanent in crypto, what if the price of the coin you invest will dump? Any coin can lose the value anytime. So better half of your money not all.

There is a chance it all could come crashing down around us. Maybe invest 50-75% in cryptos "just in case" and the rest in more typical options, just to be safe.

finzyoj

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Quote from: matedrink24 on April 02, 2018, 06:28:12 PM

Quote from: fancy_pants on April 02, 2018, 05:56:24 PM

Even if I have a good savings I will never invest all my savings at single place especially in bitcoin as price involves high volatility which can make or break my investments so I will invest only a part of it in bitcoin and rest either I will invest in real world or simply keep in bank account so that it can be helpful for me at the time of emergencies.

Yes everything you said are rights except one thing, if you're the kind of people that go big ,you'll absolutely invest everything in your trust, your best option right ? Because you saw it so much potiental and could changed your life into a better way.
It's risky yes but it's the perfect fit with people who have the dare to go with it because the profits it brings back is insane and could make everyone who made the right choice becoming rich.

I agree with you, investing all the savings you have is kinda risky but take a look at it for now it is the best choice you can have if your really aiming for something that can change your life.To become successful you have to become smart,alert and openminded. If you invest a large amount of money of course in return you'll have a large amount of profit to.

But investing all your savings is a big responsibility, so you have to be careful in investing and when the trading is not good you better just hold it until the price is arising again.

An Engineer friend of mine invest all her savings when her brother encourage her to invest in bitcoin. Evertime she have her salary nothings left because she help her family, pay the rentals of the staff house, and a lot of more. So she start to invest in bitcoin and she's happy now that her investment is really profitable. Also every salary she gets, she put some of it in her account to increase her investment.

So if I were you, dreaming to become a millionaire in the future be brave to take risk all your saving.

Kunlejoe0

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Yes! You should invest something significant but don't invest all your savings in any particular asset! Cryptocurrency is very volatile and you may lose all your fund. So invest wisely!

aishyoo17

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Quote from: miyong on April 02, 2018, 06:25:27 PM

If i will invest my savings i will just divide it to different coins and do it in trading and in a long term investment. I wanted to limit my loss and gain more profit, so i need to divide my money in different parts.

Diversifying is the best strategy an investor could do next is to never invest every penny you have. No matter how good you think the investment could be there is still a chance that problem will come out sonits better to have extra money for plan b.

matedrink24

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Quote from: fancy_pants on April 02, 2018, 05:56:24 PM

Even if I have a good savings I will never invest all my savings at single place especially in bitcoin as price involves high volatility which can make or break my investments so I will invest only a part of it in bitcoin and rest either I will invest in real world or simply keep in bank account so that it can be helpful for me at the time of emergencies.

Yes everything you said are rights except one thing, if you're the kind of people that go big ,you'll absolutely invest everything in your trust, your best option right ? Because you saw it so much potiental and could changed your life into a better way.
It's risky yes but it's the perfect fit with people who have the dare to go with it because the profits it brings back is insane and could make everyone who made the right choice becoming rich.

miyong

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If i will invest my savings i will just divide it to different coins and do it in trading and in a long term investment. I wanted to limit my loss and gain more profit, so i need to divide my money in different parts.

fancy_pants

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Even if I have a good savings I will never invest all my savings at single place especially in bitcoin as price involves high volatility which can make or break my investments so I will invest only a part of it in bitcoin and rest either I will invest in real world or simply keep in bank account so that it can be helpful for me at the time of emergencies.

nelson4lov

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Quote from: Papaczed on April 02, 2018, 05:33:47 PM

Quote from: mstfprcn on April 02, 2018, 02:04:51 AM

You can do that if you have a savings money but you never invest with a one platform because if you invest your all savings in a one platform if those platform scam are show any problem and you can lose your whole money so you must invest different platform for your future.

For me investing all you savings is really good, even that it has a big risk to do that, but it can really result a huge amount of noney, maybe the money you will invest can multiply even x2 or x3, and my advice is just invest on bitcoin, ethereum or ripple if you want to be very profitable here in crypto.

I don't think It's a good idea to go all in and invest all of one's savings in the crypto market. The market has high volatility and the investment that go either ways ~ profit or loss. But then, no pain no gain. Investing such amount and the market booms, that could result in massive profits. So there's an advantage and disadvantages. Caution needs to be used in cases like this one.

Papaczed

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Quote from: mstfprcn on April 02, 2018, 02:04:51 AM

You can do that if you have a savings money but you never invest with a one platform because if you invest your all savings in a one platform if those platform scam are show any problem and you can lose your whole money so you must invest different platform for your future.

For me investing all you savings is really good, even that it has a big risk to do that, but it can really result a huge amount of noney, maybe the money you will invest can multiply even x2 or x3, and my advice is just invest on bitcoin, ethereum or ripple if you want to be very profitable here in crypto.

rbindac

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I suggest do not invest all your savings. Investing all of it is not a good a idea. For me, investment is very risky so you need to think first if what is the right thing to do on your savings. In crypto currency, Theres a tendecy that you can experience loss because of the unstable price. There's a scammer and hacker too.

tikong

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I do not think it's worth investing with all the savings we have, first we can not say that bitcoin will be stable in value because it is still dependent on investors and users, it's very dangerous if we invest everything.

Topic: Investing all my savings! - page 3. (Read 14358 times)