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Topic: Investing all my savings! - page 4. (Read 14329 times)

sr. member
Activity: 980
Merit: 276
April 02, 2018, 01:49:16 PM
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 hope you already invested that time and cashed out in 2018. if you did so probably you made a really good profit with your money. october 2017 was really a very good time to start altcoin investings (ofcourse until end of january 2018 Smiley)
full member
Activity: 350
Merit: 111
April 02, 2018, 06:58:43 AM
I think that if you are a beginner you should invest a small amount of your money as surely you need more experience to succeed in this crypto market. Once you have captured the market, consider investing the full amount you have.
hero member
Activity: 2926
Merit: 636
April 02, 2018, 04:28:47 AM
it may be a risky decision, because when you invest with all the money you have, then the risk will be 100%. think, when you make a profit you can become a new rich man, but, when prices start to dump, you're probably going to panic.
Certainly putting all our assets for investment is a big risk because, if it will dump and cannot recover anymore then it will give us a big losses with respect to our investment amount. As for me I will invest half of my asset because I am afraid to have a big lose since I have only limited resources and that is why i cannot afford to gamble it all for investment.
By diversifying our investment, that would help us to survive in the crypto world.
Like what happen now, the market is down so if you only put your money in bitcoin or ETH, you will be upset and might panic and leave crypto for good.
full member
Activity: 510
Merit: 102
April 02, 2018, 03:24:04 AM
it may be a risky decision, because when you invest with all the money you have, then the risk will be 100%. think, when you make a profit you can become a new rich man, but, when prices start to dump, you're probably going to panic.
Certainly putting all our assets for investment is a big risk because, if it will dump and cannot recover anymore then it will give us a big losses with respect to our investment amount. As for me I will invest half of my asset because I am afraid to have a big lose since I have only limited resources and that is why i cannot afford to gamble it all for investment.
sr. member
Activity: 658
Merit: 250
April 02, 2018, 03:22:22 AM
I think investing all our saving is verry risky, specially when we invest it on a single coin. I believe that investing maybe only half of our savings is a good strategy to avoid losing of a big amount of our savings. Anyway the decision is yours because we ready didn't  even know our luck. Investing is a win or loss game and if we are lucky we can also gain on it depending on our patience.
hero member
Activity: 700
Merit: 553
April 02, 2018, 03:04:51 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.
hero member
Activity: 564
Merit: 500
April 02, 2018, 12:18:57 AM
I suggest you do not invest all your savings in crypto form because krpito investment is an investment that has a risk to hackers that can happen. and I would suggest half of the savings you should do investing offline because I think offline with your investment will have a counterweight in the form of an investment.
There are simply three ways for the savings, first is to keep the money in the bank so that the bank can use that money for some business and finally you get the profit from it as a reward, other is to invest in the crypto and hold it for some time, you are going to get the reward and third is that you invest your savings in the real state after discussing it with some property advisor from the area so that you can get the reward. My choice the second one.

Well whether it's the first, second or third option you've mentioned dude, it's not a good idea to throw everything in one basket. Best option still is to diversify your savings. Invest some in crypto, some in real businesses and some in banks. That way you'll have fallbacks in case something unwanted happens
It looks like you splited the ratio you can lose money in one field.
Split to many fields not only help you have more profits.
In some cases, example the case you don't want to happen, it can helps you keep your funds don't decrease much money.
member
Activity: 280
Merit: 10
March 31, 2018, 07:18:32 AM
It's worse to contribute all of your money and within the event that you simply got to contribute your everything money than i will be able to propose you to not place your everything benefit one anticipate but you have got to place resources into thusme extraordinary enterprise so will you'll recuperate any misfortune on the off probability that you simply can confront and what is more you have got to spare a number of your money for your day by day need.
member
Activity: 236
Merit: 10
Borderless for People, Frictionless for Banks
March 31, 2018, 03:38:39 AM
That was a good option also but i think you have to make sure of your savings i dont say that your investing is not a good option but, there is a big risk when your are all investing all your savings specialy if your just a newbie and dont have enough knowledge in crypto.
member
Activity: 224
Merit: 10
March 31, 2018, 03:34:21 AM
Before investing your all savings you should consider all possible factors might happen, whether its negative or positive you should even sight all the source  of information regarding to a currency that you are going to invest, and more important to consider is the security of your money.
member
Activity: 134
Merit: 10
March 31, 2018, 03:19:35 AM
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
member
Activity: 233
Merit: 10
March 30, 2018, 09:57:55 AM
It's not a good idea to invest all your savings because what if something bad happens? and crypto isn't in a good position right now then you are screwed. so just don't do it.
member
Activity: 294
Merit: 11
March 30, 2018, 09:46:50 AM
I prefer to make a portfolio of 10 to 30 coins. I invest about 5% on each coin. I buy top coins and other coins with low cost. The price of such coins may increase significantly.
member
Activity: 224
Merit: 10
March 30, 2018, 04:22:24 AM
I think do not contribute all of your savings,we don't grasp in every amendment of value make certain you have got your reserve funds within the event that once the value slammed down.Learn many procedures in exchanging to create each one of your coins profitable.Before you contribute everything at any rate you have got thought of what you may do with it.
newbie
Activity: 184
Merit: 0
March 22, 2018, 03:59:15 PM
I think that's a crazy idea, if you fail then you will lose everything, take enough to trade and do not push yourself too hard
hero member
Activity: 1078
Merit: 501
March 22, 2018, 03:34:19 PM
You don't need to invest all your savings. You can keep 30 percent with you and with the rest of the 70 percent you should buy well-established coins.
Yes try to make a chart and then after that you should make a percentage that how much you want to invest and how much you want to save. I think it is not good to invest only 30% in bitcoin and save 70% so it will increase and it will grow so you will earn high amount of profit. If you will save some amount of money then at the time of need you will not have to sell your bitcoin.  Bitcoin is very well developed currency now as per demand and need.
sr. member
Activity: 1176
Merit: 252
March 21, 2018, 02:33:19 AM
it may be a risky decision, because when you invest with all the money you have, then the risk will be 100%. think, when you make a profit you can become a new rich man, but, when prices start to dump, you're probably going to panic.
member
Activity: 387
Merit: 11
March 21, 2018, 02:16:31 AM
You don't need to invest all your savings. You can keep 30 percent with you and with the rest of the 70 percent you should buy well-established coins.
sr. member
Activity: 659
Merit: 250
March 21, 2018, 01:10:33 AM
I think investing all the saving is not so good. You have to keep little portions from that and can invest the rest. And cryptocurrency is good for investment and making the profit. You can invest on Waves. Now Waves coin price is low($3.85-$4.50). At the end of this year, Waves coin will be $10. And this is the most potential coin.

I strongly agreed with you sir. You are right, investing all the savings is not good. It's true that investment is the good way to earn huge amount of money. However, there is a lot of damage . So, it's not good idea to investing all savings.
The sequence is this if you invest all your savings what would happen to you or to your family if you have no savings. In crypto you can pullout your money but if you can how much money is left to withdraw, there are many people who come to crypto rich and end up in the present poor. They only learn after they loss which is a disgusting feeling that if you learn first before investing all your money you will not end up nothing.
member
Activity: 196
Merit: 16
March 20, 2018, 10:23:40 AM
Your choice of investment into all the three coins is very genuine. You have picked the best of cryptocurrencies to invest. For long-term I think it is Bitcoin which will give you a huge profit ethereum is up to some extent good for long-term investment but I don't suggest litecoin for a long-term investment plan. I don't see a great potential of the litecoin. Secondly you should not investment all your savings but should invest a portion of of it.
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