Pages:
Author

Topic: Investing all my savings! - page 43. (Read 14358 times)

full member
Activity: 364
Merit: 100
November 21, 2017, 08:56:01 PM
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.
newbie
Activity: 56
Merit: 0
November 21, 2017, 08:09:55 PM
I love this thread. Go all in, baby!

If you had bought all BTC, you would have some major profits by now. Good choice!
full member
Activity: 210
Merit: 120
November 21, 2017, 08:08:15 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
For me its a good decision to make. Its nice that you have a variety of investment ad not just focus in a one coin only. Perhaps when the value of bitcoin goes high , altcoin will fall down. And vice versa when altcoin goes high, bitcoin will fall down. So its nice if both of your investment are earning. Especially if you hold it for long time.
hero member
Activity: 625
Merit: 501
November 21, 2017, 06:50:27 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

This is good. However, you should consider slowing it down. You should consider that investments are risky. It is true that crypto currency investment can be a good thing, but there are times that crypto currency prices drop. Just invest the amount of money that you can afford to lose.
Op obviously made a wise investment decision by diversifying his portfolio and his choice of digital assets - BTC, ETH and LTC are about the best the industry offers. If I was to do same, only change I would want in, would be to split the buying into a number of intervals instead of a one time buying as a way to put check on excessive volatility.
First of all, I just see this porfolio has more than 75% for Bitcoin, because Litecoin is a cloned coin from Bitcoin and its value depends on the price of Bitcoin. You can see the USD rates of Litecoin did not dump below $50 after the price of Bitcoin increased. I think he should invest in other potential altcoins and anonymous, private altcoins as Monero, Dash, Zcash, ...
hero member
Activity: 1582
Merit: 523
November 21, 2017, 06:26:44 PM
Investing all your savings into cryptocurrency is good and you spread your investment in 3 coins. Your chosen coins are on the top lists in coinmarketcap will give a return of profit even for a long term. But, to be wise I'd rather invest not all as we know in cryptocurrency world price may drops any moment for that you have to monitor always your investment to be careful and not to lose all your money.
sr. member
Activity: 1330
Merit: 291
November 21, 2017, 05:57:51 PM
Despite the fact that you split your money into different crypto currency it is the same thing as you didn't diversify your investment capital into different investment opportunities because if any thing negative should happen to crypto currency generally all your investment will be gone. So, I will advise you to invest some portion into some real sectors in the economy to reduce the risk of losing your capital. You can further seek experts advise before you invest all your money into crypto currency.
hero member
Activity: 1134
Merit: 517
November 21, 2017, 03:11:09 PM
Hello guys! I am planning on investing all my savings (12500$) 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

This is good. However, you should consider slowing it down. You should consider that investments are risky. It is true that crypto currency investment can be a good thing, but there are times that crypto currency prices drop. Just invest the amount of money that you can afford to lose.
Op obviously made a wise investment decision by diversifying his portfolio and his choice of digital assets - BTC, ETH and LTC are about the best the industry offers. If I was to do same, only change I would want in, would be to split the buying into a number of intervals instead of a one time buying as a way to put check on excessive volatility.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
November 21, 2017, 01:21:34 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

This is good. However, you should consider slowing it down. You should consider that investments are risky. It is true that crypto currency investment can be a good thing, but there are times that crypto currency prices drop. Just invest the amount of money that you can afford to lose.
full member
Activity: 448
Merit: 100
Diagon
November 21, 2017, 01:14:36 PM
To invest all savings only in crypto-currencies is a risky business. Take care of the safety of the currency itself do not store on exchanges, be very careful. Do not lose anything and do not forget. In five years much can happen. Your assets in the price will grow very much, it will be insulting if they are kidnapped or you forget the key. Good luck to you.
newbie
Activity: 58
Merit: 0
November 21, 2017, 12:41:42 PM
As much as trading might be profitable.
You can lose all your savings.

So please do think twice before investing ALL of your savings mate  Grin Grin
newbie
Activity: 83
Merit: 0
November 21, 2017, 12:28:20 PM
Good luck, high risk - high rewards, maybe
full member
Activity: 350
Merit: 105
November 21, 2017, 12:05:17 PM
In my opinion, you choose the best cryptocurrencies but i suggest you to put 50% on your bank because cyptocurrency is volatile. No one can predict the priced. If you hold 5-10 years, I encourage you to put in bitcoin only for long term and make good profit.
sr. member
Activity: 2422
Merit: 357
November 21, 2017, 08:20:48 AM
Before investing all your saving to bitcoin , you should consider this first. The emergency fund or cash buffer. You should have a saved money for emergency purposes because a liquid cash is a necessity. If you have this aside from the savings you invest, well go for it then.
full member
Activity: 363
Merit: 101
November 21, 2017, 07:45:34 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 your plan is a really good. You should put all of your savings to the cryptocurrency world. You should not become fear to lose your money and you must have a hope and faith to you investment. Many people doesn't earn big amount of money because they are scared to invest their money.
Being scared of investing money in crypto world is not good to hear and to act as well. You don’t have to fear from investing big amounts but don’t you think we should go for option that is less risky. Business facts tells us to opt those who have less risk factor. You don’t about bitcoin world. Although it is profitable but you shouldn’t put everything in bitcoin. Invest major portion but rest should be saved or invested in any other product.
hero member
Activity: 1008
Merit: 501
November 20, 2017, 08:40:30 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.
member
Activity: 62
Merit: 10
November 20, 2017, 03:02:16 AM
Best of Luck to you!
hero member
Activity: 910
Merit: 512
November 20, 2017, 02:41:09 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

Oh i suggest not to put all your money into it why? This is not to discourage you but just to remind you that you might loose your money in no time, because we do not know how people will going to hold if the price increases. So I suggest not to put all your money into it and keep your money only in one coin for now and that is the Bitcoin.


Yeah putting all your money into one investment is really not an ideal thing because you might face bigger risk when you do this. It is right to diversify your portfolio but don't do that in one time big time. Investing is really good but you must consider the risk when you invest, so expect to incur some losses but always be optimistic.
In business things, you always have to go for the option that involves less risk. Same case here in trading of bitcoins, when you are encountered with such options, you must choose wisely which one so less risky and go for that one.

Putting all your money in one trade or putting different portions of investments in different earning sources, I must go for the second one as it is less risky.
member
Activity: 67
Merit: 10
November 19, 2017, 05:18:47 AM
If it's your own savings then I think you can definitely invest in Crypto. Now, many traditional investors are turning to Crypto because they see the potential for growth and profitability.
full member
Activity: 462
Merit: 100
November 19, 2017, 04:45:11 AM
Never put everything that you have.always reserve some for recovery as what the crypto community says put only what you can afford to loss.so just keep something in your pocket for the future.what ever happens u have some to keep on
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
November 19, 2017, 04:17:01 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
after investing all your saving ang suddenly it fails.,how would you start again?investing here is one big decision although lots of users has thier success story but theres also has thier failure story.just INVEST WHAT YOU CAN AFFORD TO LOSS .as simple as that
Pages:
Jump to: