Investing all my savings! - page 33.

Niveus

full member

Activity: 280

Merit: 120

Quote from: Aditya1011 on December 15, 2017, 04:37:50 AM

Investing all money in bitcoin is not good...its price is obviously increasing but investing all savings seriously not good...bitcoin is damn best way to invest but slowly rather than investing all in one shot...

I thought so a year ago. But when in 2017 bitcoin grew already 17 times, and my portfolio of altcoins (about 50% of the total capital) in 8-9 times, I realized that all my altcoins-investments (for which I spent a lot of time) - were in vain Undecided

Mr.Junker

full member

Activity: 222

Merit: 250

Bitcoin ATOM FORK 1 BTC = 1 BCA

Quote from: Latviand on October 24, 2017, 04:55:26 AM

Quote from: Marrionbitcoin on October 24, 2017, 03:16:14 AM

For me, investing all your savings to 3 cryptocurrencies you have mentioned is not really good idea. Why? because you cannot say what will happen the following days or months if the prices will either go up or down. It is very risky and the rates are flactuating. Also, what if something emergency that might happen in few days or months with your own personal life. Be proactive about uncertainties.

Yes it was a not good idea, why you should place all your savings in cryptocurrency while investing in only one kind of crypto is already better. Its really or very risky to put all your savings in crypto because of its fluctuating state of exchange currency. You could not tell that your return of investment will be enough to what you've been invested. If I were you, I would think many times if my decision would be good or profitable soon.

not a great idea to invest all out our savings. I think I too would like to follow the passions to invest all our income and savings, but after I think I should also live to meet my needs, do you not need fun so you invest all ur money ?? I think it's an investment is a savings also provided we can see opportunities. reading the situation and circumstances that are important to me. when we should stop, when do we pull our investment when we do trading, it's our moment to be able to see the future for sure for a long time ... it's longterm guys, if you want in short-term time may be the chance of defeat approaching you bigger let alone there are trading speculation. long-term and just hold in my opinion is a wise decision than you guess with a speculation about a trading. that my opnion thank's

Souldream

legendary

Activity: 1110

Merit: 1000

Quote from: JTEN18 on December 15, 2017, 01:41:54 AM

Quote from: rhenrhen on December 15, 2017, 01:02:37 AM

Hi! If you know the game, then go on. You can invest but make sure you know how to deal with it. But wait! I suggest you should put aside even a little amount as your personal savings. And good choice to split it in Bitcoin, Ethereum and Lite[Suspicious link removed]d luck and may you have a good decision because in the end, it will depend solely on your own decision. Be wise! Be smart!

But it is too risky although we know the games, if we are able to invest in bitcoin only, then put your savings in bitcoin that one I don't have any doubt because for sure that bitcoin will rise from time to time depending on us. Then, if we will invest in altcoins, invest in top 10 coins.

Indeed it was risky to invest all your savings in cryptocurrency because I think just a small portion of your savings is enough to start and just make it grow and if you do it successfully then your a good investors and traders at the same time but of course you really needed the knowledge about it.

Aditya1011

newbie

Activity: 28

Merit: 0

Investing all money in bitcoin is not good...its price is obviously increasing but investing all savings seriously not good...bitcoin is damn best way to invest but slowly rather than investing all in one shot...

KesoNie

copper member

Activity: 672

Merit: 270

Quote from: Traslavin on December 15, 2017, 04:27:51 AM

Quote from: Wicked17 on October 24, 2017, 03:59:01 AM

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

Investing all your money has a big risk to your financial status so i dont recommend it all. Anyway its a good idea that you want to invest in the top 3 crypto currency but why dont you invest in bitcoin only instead before the fork so that when the fork is done you will have the same amount of bitcoin gold also. Lets convert your money 12500$ = 2.2 BTC and you will also get same in bitcoin gold.

Probably its risky to invest all your savings in digital currency. Why? Because first foremost you save that savings you have for some special and important purooses like for yoyr family needs. Why you don't just a small portion of your savings, I guess its already enough as a starting investment.

How I wish I have also that big savings that I could also used in starting my own investments. Actually I agree by how you divide and distribute your savings to start your investments. Bitcoin, ethereum and litecoin are three major digital currency in the digital world today. So I guess you have a good decision mate

JamesIV

full member

Activity: 238

Merit: 100

Live Stars - Adult Streaming Platform

Quote from: Traslavin on December 15, 2017, 04:27:51 AM

Quote from: Wicked17 on October 24, 2017, 03:59:01 AM

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

Investing all your money has a big risk to your financial status so i dont recommend it all. Anyway its a good idea that you want to invest in the top 3 crypto currency but why dont you invest in bitcoin only instead before the fork so that when the fork is done you will have the same amount of bitcoin gold also. Lets convert your money 12500$ = 2.2 BTC and you will also get same in bitcoin gold.

Probably its risky to invest all your savings in digital currency. Why? Because first foremost you save that savings you have for some special and important purooses like for yoyr family needs. Why you don't just a small portion of your savings, I guess its already enough as a starting investment.

This post since October . so I think we dont need tell him anything. just want ask him how much money he make and does he keep holding these coin or sell a little bit to cover his fund

Traslavin

full member

Activity: 461

Merit: 101

Quote from: Wicked17 on October 24, 2017, 03:59:01 AM

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

Investing all your money has a big risk to your financial status so i dont recommend it all. Anyway its a good idea that you want to invest in the top 3 crypto currency but why dont you invest in bitcoin only instead before the fork so that when the fork is done you will have the same amount of bitcoin gold also. Lets convert your money 12500$ = 2.2 BTC and you will also get same in bitcoin gold.

Probably its risky to invest all your savings in digital currency. Why? Because first foremost you save that savings you have for some special and important purooses like for yoyr family needs. Why you don't just a small portion of your savings, I guess its already enough as a starting investment.

Thanhnghi

jr. member

Activity: 294

Merit: 1

Quote from: bitbunnny on October 24, 2017, 02:47:18 AM

The ratio how you've split the funds among cryptocurrencies is good. Still I wouldn't invest all my saving in anything not just in cryptocurrencies. No matter how the situation is looking good and attractive and the price is high this can change and will change at some point so it's too risky to spend all your saving. Reconsider your decision one more time and maybe consult somebody that is maybe more experienced with cryptocurrency investing.

Are you investing in litecoin at this time?

melted349

sr. member

Activity: 462

Merit: 250

Quote from: JTEN18 on December 15, 2017, 01:41:54 AM

Quote from: rhenrhen on December 15, 2017, 01:02:37 AM

Hi! If you know the game, then go on. You can invest but make sure you know how to deal with it. But wait! I suggest you should put aside even a little amount as your personal savings. And good choice to split it in Bitcoin, Ethereum and Lite[Suspicious link removed]d luck and may you have a good decision because in the end, it will depend solely on your own decision. Be wise! Be smart!

But it is too risky although we know the games, if we are able to invest in bitcoin only, then put your savings in bitcoin that one I don't have any doubt because for sure that bitcoin will rise from time to time depending on us. Then, if we will invest in altcoins, invest in top 10 coins.

right analyzation right time to take that yes it was risky but all the things are risky for so better to have atleast having that way of analyze on how you must gonna do that. If you might going to invest for better choose on the top 10 list , those are the coin that are having the potential for.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: L00n3y on December 14, 2017, 11:35:29 PM

Nobody holds the future of bitcoin and other cryptos, it constantly fluctuating and 5-10 investment time is way too long.

No one knows what will be the future of crypto's but I guess at this early point of cryptocurrencies we can see on how it's growing. Investing all of your savings is better than save all of it in the bank. You earn a very small amount of interest in the bank while in crypto having your private keys and just save it like you have your own bank is way better. You will earn more than your potential interest in the bank by putting sums of money.

Quote from: L00n3y on December 14, 2017, 11:35:29 PM

Better to deal with cryptos on a day to day basis so that you can monitor when to hold and when to pull out.

Better if you'll just keep on HODLIN for long term.

JTEN18

full member

Activity: 518

Merit: 101

Quote from: rhenrhen on December 15, 2017, 01:02:37 AM

Hi! If you know the game, then go on. You can invest but make sure you know how to deal with it. But wait! I suggest you should put aside even a little amount as your personal savings. And good choice to split it in Bitcoin, Ethereum and Lite[Suspicious link removed]d luck and may you have a good decision because in the end, it will depend solely on your own decision. Be wise! Be smart!

But it is too risky although we know the games, if we are able to invest in bitcoin only, then put your savings in bitcoin that one I don't have any doubt because for sure that bitcoin will rise from time to time depending on us. Then, if we will invest in altcoins, invest in top 10 coins.

rhenrhen

member

Activity: 336

Merit: 10

Hi! If you know the game, then go on. You can invest but make sure you know how to deal with it. But wait! I suggest you should put aside even a little amount as your personal savings. And good choice to split it in Bitcoin, Ethereum and Lite[Suspicious link removed]d luck and may you have a good decision because in the end, it will depend solely on your own decision. Be wise! Be smart!

L00n3y

sr. member

Activity: 490

Merit: 250

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

Nobody holds the future of bitcoin and other cryptos, it constantly fluctuating and 5-10 investment time is way too long. Better to deal with cryptos on a day to day basis so that you can monitor when to hold and when to pull out.

tigervn

member

Activity: 84

Merit: 10

If you just invest your savings in crypto, it's a good investment. Because of this new market you need time to monitor and research this market. Once you have mastered the volatility of the market, you can invest more in it. The potential development of this market is immense.

PETES

full member

Activity: 456

Merit: 100

Investing in cryptocurrency is such a good idea and investing your savings into 3 cryptocurrency is also a good idea. I think it is not good idea to invests all your savings into cryptocurrency. Maybe invest the half and the other half you invest it other than cryptocurrency.

Decade_Later

jr. member

Activity: 75

Merit: 1

Changing the world, one project at a time

Quote from: drawoh14 on December 14, 2017, 09:40:11 AM

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

If that is what you really want go and deal with it, you have chosen the right coin and token to invest. 5-10 years is a serious thing with your investment, I hope it will be a success for you.

You're right about 5-10 years being a long term commitment, but that's how all investments should be done. You can never realize the time value of money if you are shifting it constantly. Most advisors would suggest this is the minimum time for a serious investment of capital.

drawoh14

full member

Activity: 224

Merit: 100

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

If that is what you really want go and deal with it, you have chosen the right coin and token to invest. 5-10 years is a serious thing with your investment, I hope it will be a success for you.

barbara44

hero member

Activity: 2534

Merit: 605

Quote from: anamie on December 12, 2017, 08:56:46 AM

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.

Well, there is not risk as such in investing all or maximum of your savings into bitcoin but the problem is you can be anytime hit by financial crisis or can need money on emergency basis. So for that, it is good as you said to save some amount in bank or in your house.

Whatever you have extra, invest in bitcoin and hold it for long time. Bitcoin is the number one currency of the world and is going to soon rule whole world.

Kiweikoo

hero member

Activity: 1036

Merit: 500

Quote from: hydeevanz on December 13, 2017, 10:00:10 AM

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

Splitting your savings according to the coins value in the market is too good because it was obvious that you were monitoring the market value often. I just wonder applications you are using now. However, I won't agree to the fact that you are planning to invest all of your savings in cryptocurrency because for sure you will need money or cash in your pocket in case of emergency case.

There is no need of splitting invest your whole amount in good coin at this time and bitcoin is qualifying every need if investor so go for it and you will praise your decision I future and tell other also about bitcoin because its profit rates are very high and the most beneficial thing is you can spend your saving because bitcoin is also accepted as payment in many stores so think and invest into it this will bless you more, than expectations,

Rayner77

newbie

Activity: 84

Merit: 0

I'd say invest only a portion of your savings into Cryptocurrencies. While the return won't be as high as investing all your money, you won't risk losing it all in one go either.

Topic: Investing all my savings! - page 33. (Read 14358 times)