Investing all my savings! - page 39.

Fredomago

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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

if you did followed your instinct you might be a happy man now OP, as after a month the value of those coins that you are planning to buy are already
jumped up, and for sure you are enjoying all those profits that you have now, considering that you are aiming for a long term goal the fruit of success
is already showing by now.

gabmen

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Quote from: branchun77 on November 28, 2017, 07:39:00 AM

Quote from: Kevin77 on November 18, 2017, 12:06:26 AM

Quote from: xandriel on November 13, 2017, 04:08:53 AM

In my opinion, You should not invest all your saving. Maximum 70% your saving is my advice. After that, BCH, BTC and ETH are my choices for you.

I believe 70% is good enough. I believe that because that is what I have been doing anyway and with the growth of bitcoin over the years, I have been able to diversify into different offline businesses and I do not really see myself saving less than that into bitcoin since that is where my profit and my life has really changes. It is more like giving back.

It depends on each individual level of risk they are willing to take, but at this stage, I would say bitcoin or crypto ecosystem is less risky compared to few years ago.

Some people in the world will invest their whole money in some place which is totally wrong decision I want to suggest them to keep some money in your saving wallet so if you can face any emergency then you should will not face any financial problem at that time.

I've even seen an article about a family that sold their house for btc. Talk about trust. Well that was roughly a year ago and good for them their gamble was well worth it because their house is probably worth 10times now. Its a gamble if you're planning to go all in and as with gbling, sometimes you win, sometimes you lose

cingles9413

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not all savings you fool. You want to sleep peacefully at night dont you? put in a percatage like 10-20% of your savings. 20% is quite high even. then with like 60% invest in something like a ETF which is pretty stable Then the remaining percentage keep in your bank and save it for a rainy day, you never know when you may need it like for health bills or something.

branchun77

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Quote from: Kevin77 on November 18, 2017, 12:06:26 AM

Quote from: xandriel on November 13, 2017, 04:08:53 AM

In my opinion, You should not invest all your saving. Maximum 70% your saving is my advice. After that, BCH, BTC and ETH are my choices for you.

I believe 70% is good enough. I believe that because that is what I have been doing anyway and with the growth of bitcoin over the years, I have been able to diversify into different offline businesses and I do not really see myself saving less than that into bitcoin since that is where my profit and my life has really changes. It is more like giving back.

It depends on each individual level of risk they are willing to take, but at this stage, I would say bitcoin or crypto ecosystem is less risky compared to few years ago.

Some people in the world will invest their whole money in some place which is totally wrong decision I want to suggest them to keep some money in your saving wallet so if you can face any emergency then you should will not face any financial problem at that time.

JRoa

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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

Longterm investment is really profitable. It is good idea if you want to invest all of your savings. If you will observe our society, you will see that many people are now entering and investing their money to the bitcoin.

MeAgainstTheForum

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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

Hope you'd make this investment of yours the day of this posts.
The price increased more than 30% by the day of this posts of yours.

TKNG

newbie

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In the past, I think it was good to have assets distributed and owned, but now it is the dawn of the cryptographic currency whether twice in your life or not. I do not have a responsibility, is not it an option to intensively invest in the encryption currency?

Genemind

sr. member

Activity: 1596

Merit: 335

This sounds like a good idea. I think with what's happening now that online currencies are really trendy. It is wise to consider and do investment on them. However, I just think that you shouldn't spend all the money that you have on investments. You should also leave some for yourself in case of emergencies.

gartheugenio

newbie

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If you're efford to lose those money so it's the right time for you to spend all your savings in investing.

JPMoron

full member

Activity: 157

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If I can give you advise,
don't do it

It is better to buy crypto only by portion,
it may be 10%
I would choose max of 50%

hispout

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Quote from: v0rtecxz on November 22, 2017, 12:41:15 AM

I think what you are doing is risky but on the other side there will be many benefits you can make in the future, dividing your savings into some crypto currency is not a bad thing but what we know the price of crypto is not as stable as sometimes rise and sometimes it goes down further, and I think it's better to keep some money there for urgent or emergency purposes, and the rest you can use to buy some crypto you want

I will not suggest him buying altcoins in large amount. Altcoins are totally dependent on bitcoin for the increase and decrease in their values. The only coin in the whole digital world which is worth your savings is the king of digital currencies, bitcoin.

Bitcoin is not going to make you regret investing into digital currencies whereas there is no such guarantee with altcoins. They can dodge you anytime.

santieevanz

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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

Since you are thinking of investing all your savings and let us show on how you will split your money is kinda good idea. When it comes in investing, it is really risky. Why? because we all know that most of the time there are scammers around who will make everything to get the money of others. If it's your first time in investing then 50% should be invested and 50% should be saved.

Darklinkz

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Activity: 448

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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

This is for long term pal so you got to be prepared in case anything happens between 5-10 years. We are still on the experiment stage and I know these three are good choice but then again remember that there is always risk.

meyklove

member

Activity: 210

Merit: 14

Be prepared if all your saving will be gone. Never invest if you can't afford to lose it.

nicolas1979

sr. member

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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

That's your money and no one will stop you with your decision. But I think invest with litecoin is not the right way, this coin has little volume and not significant price moving. You should replace it become currency ( for safety ) or off line job. It's not wise to replace all your saving because real market is mystery and coin has possibility to stuck and has low price for long time. See again your investment strategy & I hope you'll agree with me. Thank you and good luck.

Sir Cross

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Activity: 336

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It really is risky to invest all your savings because in investments, there is a chance for you to lose your money. Your saving should be there to help in times of emergencies or when you don't have any last resort. Once there comes a time when you would need to have extra cash, this is when you use up your savings. If you use it all up on investment, you may get in trouble once a time of need arises.

dasher797

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Get your share of the future

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 think its so risky. Why you invest in ethereum and litecoin too, I think only invest 50% in bitcoin is enough for online investment, the you can use the rest to invest in some real investment. You can make a store or buy another properties, it will make your money save.

bestbiz9

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Activity: 308

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Investing all of your saving is not good.It is s better to save the other because no one can tell what happen tomorrow so its better to be practical investing is good but not all your money sometimes think first before make a decision because good decision bring you to a good life

Nariza

member

Activity: 246

Merit: 10

For me, Investment is risky so don't invest all your savings. It's not a good idea. Not all investor get a profit some of them get loss.

dimonstration

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Dimon69

Quote from: pinoyden on November 27, 2017, 08:37:52 PM

Quote from: richmcrich on November 25, 2017, 05:18:40 AM

my opinion, it is not a good idea to divide your investment and that too at the time when you are investing for the very first time. It will be better for you if you will only go for investing your capital into only one coin say bitcoin. It will not only help you in making more money but it will also help you in managing the things in better way. It is really a difficult thing to get to know about different coins and deal with them simultaneously.

focusing or investing only in one coin wont give him much profit, thats why its better if he can divide his income and diversify it on some promising altcoins like waves, neo, strat, etc.. to have a better grasp and a wider range of portfolio, in this way he can be able to maximize his potential income. overall , theres nothing difficult in trading and investing on crypto as long as you are willing to learn and manage it.

yes in terms of investing all of savings there is nothing wrong with that but dividing it in any coins that was the right thing to do for so better to make sure if you are able to put all your saving but dont just put it in just one basket.

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