Investing all my savings! - page 41.

d0flaming0

sr. member

Activity: 402

Merit: 250

Quote from: Proximity Scan on November 24, 2017, 09:58:24 AM

Quote from: Manchumichael on November 24, 2017, 09:30:44 AM

Quote from: Alexoxyevwii on November 24, 2017, 08:25:06 AM

Do not invest all your money. Must stay for a rainy day. I always leave 20% of the income untouchable. Otherwise, you can lose everything.

Yup safer side we have to keep some money or else we will face problems when we need urgent money. I will also invest money in bitcoins but not full only how much i can afford and my extra money.

Going all in coins and bitcoin might either make you one of the richest person in your neighbourhood or the poorest there. You should have some cash money in your bank account even though you're making great investments in coins.

for me its the most absurd idea investing all your savings into one, well you need to learn how to diversify your portfolios, manage how to divide the funds to each kind of investment, but most of all keep something as your savings and you do really need some cash for your own good. i wont either do the same way as sacrificing all of my savings to an investment, it is like you are entrusting your future and whole life to it. You already knew that nobody can tell what might happen next so, its better to be safe than sorry.

Kava

sr. member

Activity: 448

Merit: 250

https://saturn.black

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

And you are sure that the technologies you are going to invest in will live so much. Well, I would advise you, bitcoin and ether. Lightcoin is also possible, but it is better to invest in one and more, rather than split the profit. So you can invest in 10 coins, only then will you fail for everything.

liivii

full member

Activity: 406

Merit: 100

Quote from: cryptocurious18 on November 25, 2017, 01:05:39 AM

don't forget a very important rule for investment. Don't invest more then what you are willing to lose. Even though the investment seems secure its not strategy if you want to invest then diversify your portfolio

That's right, don't invest all of your savings if you have no knowledge on what you want to do. Be practical, you must keep the half of your savings for future and put the other half on investment because investment is too risky and when the time you put all your money there then the bad times comes I surely know you will regret the things you do and you will go back from the start. Investment is good but be wise where to put your money because its too hard to earn money today, so better to keep some bitcoins for emergency purposes.

cryptocurious18

full member

Activity: 140

Merit: 100

don't forget a very important rule for investment. Don't invest more then what you are willing to lose. Even though the investment seems secure its not strategy if you want to invest then diversify your portfolio

crypto4lambo

full member

Activity: 210

Merit: 100

Large scale, green crypto mining ICO

If I were you, I wouldn’t do that. As many says, don’t put all the eggs in one basket. Investing in cryptocurrency can be very rewarding if done right, but no one can predict what may happen in the future. Are you willing to risk your hard earned money? What are your other plans if investing in cryptocurrency don’t go as planned? Always have a backup plan and don’t settle in justone investment vehicle. Learn to diversify and have an active and passive income. Also, if you are investing in cryptocurrency, allocate some funds to buy a hardware wallet so it can’t be hacked. It is bery risky if you just save it in an exchange. At least you own the private key of your holdings.

chris200x9

legendary

Activity: 1316

Merit: 1011

Quote from: btcone111 on November 24, 2017, 06:05:13 PM

is this the amont of money you could afford to lose?
investing all your saving in crypto doesn't sound very safe to me ?

Yes, we shouldn't invest all your money in any single asset whether it is cryptocurrency or any other investments. Because something goes wrong then you may lose a lot of your savings so it is always good to split your money and invest in few different assets.

Quote from: euando24 on November 24, 2017, 02:13:58 PM

here you have several BTC FREE sites and FREE registered and are paying so far tested by me. Who is interested in clicking the next link https://for-you-my-life.blogspot.it/

From those mining sites you can't make money but in the long run, you may lose money and time as well.

Harper6

newbie

Activity: 255

Merit: 0

Quote from: ubeng07 on November 21, 2017, 08:56:01 PM

Quote from: OrangeSeller on November 20, 2017, 08:40:30 AM

Quote from: KingdomHearts on November 10, 2017, 08:27:12 AM

Quote from: dsaijz03 on November 05, 2017, 06:10:37 AM

I disagree that you put all of your savings to cryptocurrency because indeed the price here are very volatile it might change immediately. We are giving our opinions here but the final decisions is yours, if you that's what you really want then go ahead, just monitor the price always so you will have idea what is happening to your money.

Agreed! It is very much risky to invest all your saving and that too in crypto currency. Investing your money is really a very good idea as it will help you in making a good amount of money but the thing is you need to have something in your pocket in case something goes wrong. I will suggest you to invest 70% of your funds while keep rest of your savings into your own account.

Investing of all of your savings is no doubt a very good decision but at the very same time, it is very much risky thing as well. I will suggest you to think well before making any decision. It is because of the reason that if you opted the wrong investment, then there are chances that you are going to lose all your savings. You need to be very much careful while making such kind of decisions.

yes it is a good idea investing all of your saving but always make sure that the decision that you have made for is 100% that you are convinced on that because we cant say that if you take that risk is you can get it back because we now how you have to face all the struggle here so better that you are convinced on it before make some decision that you can take the regret in the future.

I don’t think so it’s a good idea because if you will invest all your money so nothing will left in your hand and even billionaire are not doing it so we need to be very care full about investment because bitcoin is such a currency which can change your life from a small investment so always invest from little amount and then with passage of time increases your investment but not your all saving because I think it’s something stupid to do so.

jovs

sr. member

Activity: 672

Merit: 250

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.

It is always not a good thing to take it all in other word put all of your saving to any form of investment. Because you will need to manage your money for you to have an excess amount of income that you could used in daily transactions. But if you have more that enough to earn or to invest with why not? The thing is you just need to focus and mange it with yoyr own risk.

btcone111

full member

Activity: 266

Merit: 110

is this the amont of money you could afford to lose?
investing all your saving in crypto doesn't sound very safe to me ?

ictin

full member

Activity: 258

Merit: 100

Look ARROUND!

Your portfolio is so good. Both of them will go up and give you money. I'm sure

pisston

sr. member

Activity: 630

Merit: 250

Quote from: Fazlurkhan.kz on November 24, 2017, 11:01:06 AM

Investing all your savings is just a really dumb decision to make. Because, there might be times when the market would be down and it would seem that all the investment might go in a loss. And if by any chance there is need of money, then it would be a problem. So there should always be some backup with you. And invest a small amount of your savings in the start and when you start making profits invest them too. And just be patient in all the ups and downs and have faith. And NEVER invest ALL you savings!
All the best!

I completely agree with you, because no one knows how the price of your investments can be, and you can lose a lot at the same time. Thus, the maximum is half, and the average value that you can take is one third of the savings.

euando24

newbie

Activity: 5

Merit: 0

here you have several BTC FREE sites and FREE registered and are paying so far tested by me. Who is interested in clicking the next link https://for-you-my-life.blogspot.it/

linustd

newbie

Activity: 4

Merit: 0

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

There are some other interesting assets out there as well such as NEO and OMG. As far as Ethereum, we may have just seen the lowest dip there is going to be in a while. Of course, this is just speculation.

Fazlurkhan.kz

full member

Activity: 266

Merit: 114

Investing all your savings is just a really dumb decision to make. Because, there might be times when the market would be down and it would seem that all the investment might go in a loss. And if by any chance there is need of money, then it would be a problem. So there should always be some backup with you. And invest a small amount of your savings in the start and when you start making profits invest them too. And just be patient in all the ups and downs and have faith. And NEVER invest ALL you savings!
All the best!

Proximity Scan

full member

Activity: 172

Merit: 100

Quote from: Manchumichael on November 24, 2017, 09:30:44 AM

Quote from: Alexoxyevwii on November 24, 2017, 08:25:06 AM

Do not invest all your money. Must stay for a rainy day. I always leave 20% of the income untouchable. Otherwise, you can lose everything.

Yup safer side we have to keep some money or else we will face problems when we need urgent money. I will also invest money in bitcoins but not full only how much i can afford and my extra money.

Going all in coins and bitcoin might either make you one of the richest person in your neighbourhood or the poorest there. You should have some cash money in your bank account even though you're making great investments in coins.

bitcoinrays

full member

Activity: 438

Merit: 104

Quote from: DRVX on November 14, 2017, 09:59:00 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

Do you mind that it would be better invest this sum in the real sector of economy. My advice first of all is real estate. Cryptocurrency is a hobby for me not more. Sometimes this is quite profitable thing, and risky too.

I will suggest you not to invest all your savings in bitcoin because the price of bitcoin is so volatile and it may drop to the lowest level and you may lose your investment. Invest some of your savings and keep the rest in your bank accounts for day to day life expenditures so you will be mentally relaxed and when the price grow more and more you can also invest your earnings in bitcoin to increase your profit ratio.

kavindra

member

Activity: 221

Merit: 10

I did not invest all my savings, but I invested 75% of my savings, most of my investments in bitcoin and altcoin are of high value, because if my new coin is afraid of the coin I am investing scam

Creative person

newbie

Activity: 30

Merit: 0

And what wallet you want to use for it?)
I think it is better to start trade crypto.
Also i think that it is not good idea to invest ALL savings. Leave something.
If you want to make long - term investments, it has 2 different paths: crypto will grow very much, or it will fall. IF it will grow - you will be able to get profit even from small part of investments. If it will fall - you will have experience and some savings will left with you.) Grin

But anyway - its your decision. Do like you want, cause you will regret later that you didn't do as you want.
good luck!

Bosx1ne

full member

Activity: 540

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

Your plan is good but I prefer to you to do not invest all of your savings! You know that this cryptocurrency world is full of risky investments. Make a study first before you invest your money.

Manchumichael

sr. member

Activity: 630

Merit: 250

Quote from: Alexoxyevwii on November 24, 2017, 08:25:06 AM

Do not invest all your money. Must stay for a rainy day. I always leave 20% of the income untouchable. Otherwise, you can lose everything.

Yup safer side we have to keep some money or else we will face problems when we need urgent money. I will also invest money in bitcoins but not full only how much i can afford and my extra money.

Topic: Investing all my savings! - page 41. (Read 14358 times)