Investing all my savings! - page 34.

Decade_Later

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Changing the world, one project at a time

Quote from: geyayy on December 14, 2017, 08:34:51 AM

Your allocation is not so bad however I think it is better if you invest only half of your savings. Save half for yourself and then when the other half gains, invest its half. Run your money in a cycle to be able to gain money and save some for yourself. This is my opinion. You can do whatever you want with your money. Wink

What savings vehicle would you recommend as an alternative? Most "safe" ones are barely over the CPI if that.

tibor

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The ratio you used to buy cryptocurrency is good, maybe I will include Ripple or Bitcoin Cash, they are also good ones.

But invest all the savings in only krypto is not recomendable, i would recomend 50% crypto and the other to another asset that is giving less volatility.

jojowar

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Your idea of investing in 3 cryptocurrencies is good but I think if you will invest all your savings into cryptocurrencies is not a good idea. For now cryptocurrencies flies high but if you invest it for 5 to 10 years no one knows if it will be the same.

Drakula

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Quote from: A.Chanaka Bandara on December 13, 2017, 03:30:55 AM

It is not so good idea. Because Crypto system can be hack and so scams here. So this field has some of risky. I think better idea to investing part of your savings. Huh

Yes, I think it is not a good idea or even a good plan. Investing all your savings will be too risky, you can invest but not all your saving; if you do that, it may be hacked specially when you're wallet is not secure. It is still better you will keep some of your money in your bank account.

geyayy

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Your allocation is not so bad however I think it is better if you invest only half of your savings. Save half for yourself and then when the other half gains, invest its half. Run your money in a cycle to be able to gain money and save some for yourself. This is my opinion. You can do whatever you want with your money. Wink

Gladz29

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Quote from: Marrionbitcoin on October 24, 2017, 04:16:14 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.

I think no, Because when you invest all your funds you take a risk of it. Because you save for your future, but if you invest all maybe their is nothing will left to you but you can earn or get profit. But for now I think don't invest all your funds. Just think for tomorrow. Not all the time you can find money.

zmkriel

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the percentage of each coins may be perfect but i suggest not to invest all your savings into crypto currencies only because 5-10 years is a little bit long. and we can't tell what will happen in the future such as an emergencies. anyway, you can still hold it back and convert your bitcoins but panic selling or converting is way too risky.

hydeevanz

member

Activity: 182

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Quote from: Jorgis94 on October 24, 2017, 03:24:41 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.

Wintersoldier

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Quote from: bitbunnny on October 24, 2017, 03:47:18 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.

There is really no certain call on how much of your saving you should invest. In doing an investment, we should always consider that there is always a room for loses, and we must be very ready how to counter that loss to avoid bankruptcy. So consider not only the ratio, but its future stability in term of value.

reronggo

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investing all your funds? i think it really risky, but to avoif the risk maybe you can invest 50% of your funds then split into 3 part invest like you do. but if you reckless and ready for the risk, it depends on your decision. beside the price, luckiness will be your friends.

slashz9

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I think it's not a good plan to invest all your money on trading, because in trading nothing is certain sometimes up sometimes down, I think if you want to invest in trading maybe you can try 25% or half so if you lose in trading you will not lose all your money.

cryptojaani

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Activity: 252

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Quote from: syaripudin on December 13, 2017, 02:08:53 AM

Quote from: NickCrypto on November 01, 2017, 01:20:13 PM

Chart is everything guys, examine charts before investing in any crypto. Many scams with ICOs recently

I agree with you that with what you have described in detail not just a post but you give a picture in a very detailed chart table. and as you said that we should do before committing to an investment activity on crypto, we should first find out about an ICO you will do to invest in the development of the project. so do not we make a carelessness that can cause losses for what we have invested on a large scale because I think a crypto investment is an investment that can not be seen by naked eye is very different from the investment offline. I think we should not do a faux pas by including all the funds we have through crypto investment. of course there are many other forms of investment that can be done offline. one example of an investment that can be done offline is reallestat investment. I think the form of investment offline does not have a high enough risk. so what I mean is split some of your money with an investment offline.

right now i think it is really profitable and you can make a good profit but right now i will not recommend anyone to put all in crypto. i believe on spending only the half of your savings is secure than spending it all through investment .i think we must not keep searching for profit maybe we must learn first different things on investing and the rest and all profits may follow.

Mobshady24

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Quote from: diegz on December 13, 2017, 02:40:46 AM

Quote from: kissme09 on December 13, 2017, 02:26:16 AM

This is a smart decision, instead of saving you should turn the money into altcoin and hold it for a long time and you will suddenly become wealthy.

I won't do that, investing my whole savings in bitcoin, much more in altcoins and hold them for a long time? that would be a big mistake. Just go 50/50 half in bitcoin and half in fiat. Atleast when the transaction fee rose like this days, you still have money in real life that you can use even if you don't move your bitcoins.

Holding altcoins long term I think is not gonna give you a good ROI, most of them after booming, they return back to being a shitcoin.

agreed! never invest all your money and earn passive income with it, you don't know what accident might happen in the future and you don't know if there is a disaster coming, just a real talk, investing all your savings has never been a good idea even if you ask many financial advisers and professionals.

A.Chanaka Bandara

member

Activity: 140

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Feeling Relax in Underpressure

It is not so good idea. Because Crypto system can be hack and so scams here. So this field has some of risky. I think better idea to investing part of your savings. Huh

std1391

member

Activity: 182

Merit: 16

bitcoin is love

im not sure about investing whole saving but if u had that portfolio in Oct 24 u must be so happy now coz all of them has been pumped up so well!
congrats! Wink

levancov

member

Activity: 124

Merit: 26

Money will be useful if you know where to put it

Quote from: Jorgis94 on October 24, 2017, 03:24:41 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 would advise such an order
-50% bitcoin.
-25% usdt
-25% different altcoyin

Cotton Candy

full member

Activity: 392

Merit: 100

Quote from: Jorgis94 on October 24, 2017, 03:24:41 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 of your money is a big move and a pretty much risky move but it is up to you. I agree that youbare gonna diversify you investment because investing all into one coin is not advisable especially if that involves a large amount of money. Then i am advising you to lessen the amount that you will invest on litecoins because i do not feel that they will boom in the future kist 15% for them then buy another coins or ethereum if you want.

diegz

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Quote from: kissme09 on December 13, 2017, 02:26:16 AM

This is a smart decision, instead of saving you should turn the money into altcoin and hold it for a long time and you will suddenly become wealthy.

I won't do that, investing my whole savings in bitcoin, much more in altcoins and hold them for a long time? that would be a big mistake. Just go 50/50 half in bitcoin and half in fiat. Atleast when the transaction fee rose like this days, you still have money in real life that you can use even if you don't move your bitcoins.

Holding altcoins long term I think is not gonna give you a good ROI, most of them after booming, they return back to being a shitcoin.

kissme09

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This is a smart decision, instead of saving you should turn the money into altcoin and hold it for a long time and you will suddenly become wealthy.

syaripudin

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Quote from: NickCrypto on November 01, 2017, 01:20:13 PM

Chart is everything guys, examine charts before investing in any crypto. Many scams with ICOs recently

I agree with you that with what you have described in detail not just a post but you give a picture in a very detailed chart table. and as you said that we should do before committing to an investment activity on crypto, we should first find out about an ICO you will do to invest in the development of the project. so do not we make a carelessness that can cause losses for what we have invested on a large scale because I think a crypto investment is an investment that can not be seen by naked eye is very different from the investment offline. I think we should not do a faux pas by including all the funds we have through crypto investment. of course there are many other forms of investment that can be done offline. one example of an investment that can be done offline is reallestat investment. I think the form of investment offline does not have a high enough risk. so what I mean is split some of your money with an investment offline.

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