Investing all my savings! - page 44.

Natsuu

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Quote from: arwenphoenix on November 18, 2017, 12:08:36 AM

I think you should go big or go home . So 100% of your savings is good. There is no problem with it. Good choice.

Don't go all in brother or else you'll go home crying. Just invest some portion will do and just save the remaining. Bitcoin price now is really tempting to go all in but we should also consider the fact that it's volatile, maybe you can just add little by little from your profit.

Angi

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Investing all your saving is not ok its 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 discision because good discision bring you to a good life. Wink

ZeidFreak

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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

friendly advice dont put your investment on one basket only. maybe cryptocurrency is good and uptrend nowadays but we dont really know what will happen in the future. i believe also in the potential and the change that the cryptocurrency will bring but risk is also high.. market is so volatile and we dont know yet what will happen if all big names investor go into crypto..

SashaAbraham

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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

Hey man, investing all your savings in crypto is a risky thing. But! It really depends on your approach. What is your goal?
1. Do you want to make an extra profit while you understand that you also can lose everythung?
2. Or you want to save your capital and if possible to make it bigger or at least to protect agains inflation?
3. Or any goal that is between previous two?

So investing all your savings in crypto is #1. Determine what you want and then act in proper way.

CryptoWorld87

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Investing all your money in one coin ls not a good option there much better if you put in 3 to 5 coins and tokens so your investment avoid too much risk ether 1 or 2 of them were lost then you will not lose all your investments

viper2zero

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Quote from: nydiacaskey01 on November 18, 2017, 02:19:54 AM

I wouldn't do that if I were you. While Bitcoin or crypto currencies can be easily liquidated even at a lower price, you still need to maintain an amount of fiat that you can use in case of emergency without touching your investment in Bitcoins or Cryptos. There are times when you need immediate cash and try to cash out your investment in cryptos, you will encounter errors or delays and sometimes price and timing is not good for cryptos to be sold.

According to my experience it is not good decision to invest all your money but you should save some of your money so if you have faced any emergency in your life then you should have money for that time and you also need to invest some money in some better places so that you can get more money for your future.

raven7886

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Quote from: ansh_848 on November 14, 2017, 02:28:07 PM

This would be a big decision that gou are investing all your money. See 1st thing is investing in bitcoin is for long period is risky maybe that time bitcoin having a highest value but you can earn money for short duration by investing these 3 norms.

The truth is that it takes a lot of gut to invest in anything in this life and every investment comes with a risk which bitcoin is not exempted. However, let us face one fact, in as much as no one knows the future, but looking at the situation of things and the interest bitcoin has generated, it can really be tempting to want to go all into bitcoin for savings and investment at the same time.

Nevertheless, one does not have to be too greedy in life and even if we are to want to take our chances, it is always good to leave out something just in case the unspeakable happens.

Bitinity

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Quote from: arwenphoenix on November 18, 2017, 12:08:36 AM

I think you should go big or go home . So 100% of your savings is good. There is no problem with it. Good choice.

Investing all our saving is so risky but may give you so great income as well, "go big or go home" that's nice saying but only for risk taker who are ready to lose all they have. If you are not ready to lose all then do it, but if you are ready then GO for it.
I my self will not do it ever, prefer to be safe than sorry.

nydiacaskey01

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I wouldn't do that if I were you. While Bitcoin or crypto currencies can be easily liquidated even at a lower price, you still need to maintain an amount of fiat that you can use in case of emergency without touching your investment in Bitcoins or Cryptos. There are times when you need immediate cash and try to cash out your investment in cryptos, you will encounter errors or delays and sometimes price and timing is not good for cryptos to be sold.

Osarman

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Quote from: Tipsters on November 11, 2017, 10:15:31 AM

If that $12500 is on my hands, I will not invest it all in cryptocurrencies. Investing in cryptocurrencies requires a lot of time. We do not know what may happen if we invest all of our money or savings. We still need to have an emergency fund. Investing all your savings is way too risky. So the best thing to do is, have a pinch of your savings for emergency fund. It is for safety purposes.

Well I think it is not good to invest all of the capital at the same time because we should invest with the slow passage of the time, If you are having the high capital you should divide the money in the two parts and then should invest in the bitcoin and then should save the remaining so then you will be able to have the future I can see the bitcoin is increasing in the value of the bitcoin I am very happy with the bitcoin value and the price.

arwenphoenix

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I think you should go big or go home . So 100% of your savings is good. There is no problem with it. Good choice.

Kevin77

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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.

Darknight31

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Quote from: Semaj123 on October 24, 2017, 08:38:48 AM

You know it's a big risk because that's a lot of money to invest.The only good thing is that you really trust in cryptocurrecy and if you believe in it probably you would get bigger profit in it.If that money is an extra for you so there's no problem with that just get ready and dont surrender in facing in every problems you will encounter in the future.

If you are really a risk taker i guess you will really invest those percentages in the crypto world. But you know it is really risky to invest especially in the crypto world. And come to think that you will invest all of your savings. I guess it is not also worthy to just invest them in one thing, you could try to invest them also in other business or kind of investments.

OracionSeis

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Quote from: Edsemen on November 16, 2017, 08:35:19 AM

Quote from: Semaj123 on October 24, 2017, 08:38:48 AM

You know it's a big risk because that's a lot of money to invest.The only good thing is that you really trust in cryptocurrecy and if you believe in it probably you would get bigger profit in it.If that money is an extra for you so there's no problem with that just get ready and dont surrender in facing in every problems you will encounter in the future.

Thats right investing is a big risk so be prepare for all the circumstances would come to you, and maybe its good that not all the saving you have will be put into investing just release a little or that savings would be your extra so that if anything happens you will be in the center of losing or gaining. For me I wont release all my savings, I'll must prepared for step by step and be calm.

Everything won't happen as your hope, therefore, we always need to be ready the worst situation in our life. Especially this is the cryptocurrency market, an investment form and it's risky. We are putting our money in cryptocurrency and predict the price. Just one mistake, you can lose a lot of money to pay the "fees" Tongue

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arakuns

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You don't need to invest all your savings because its not safe. So try and divide your salary for investment in altcoins.

PointHope

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Quote from: iL_P4driNo on November 16, 2017, 09:23:53 AM

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

The most important rule of investment is "Never Make an Investment if You Couldn't Afford a Total Loss".
I don't think anyone can afford to loose all his saving.

Except that the coins he listed are very sensible choices for long term savings, much better than earning next to zero interest in a bank.

Back in July I took all the cash in a savings account and bought bitcoin. Bitcoin has gone from $2000 to nearly $8000 in that time.
It was not all my money, but a big chunk went into BTC.
The other day bitcoin dropped to $6000, I bought more! Right now bitcoin is almost back to 7500!
I've nearly quadrupled my savings in a few short months.
Bitcoin will very like break 10k by January.

Whould I buy more at 10? Very likely I would, unless some other coin looked like a better buy.
It is not all my money but this crypto is rapidly becoming a very significant investment. Right now I would rather have my money in bitcoin than any fiat.

iL_P4driNo

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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

The most important rule of investment is "Never Make an Investment if You Couldn't Afford a Total Loss".
I don't think anyone can afford to loose all his saving.

Edsemen

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Quote from: Semaj123 on October 24, 2017, 08:38:48 AM

You know it's a big risk because that's a lot of money to invest.The only good thing is that you really trust in cryptocurrecy and if you believe in it probably you would get bigger profit in it.If that money is an extra for you so there's no problem with that just get ready and dont surrender in facing in every problems you will encounter in the future.

Thats right investing is a big risk so be prepare for all the circumstances would come to you, and maybe its good that not all the saving you have will be put into investing just release a little or that savings would be your extra so that if anything happens you will be in the center of losing or gaining. For me I wont release all my savings, I'll must prepared for step by step and be calm.

stellgod

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Quote from: MotulDiesel on November 11, 2017, 09:43:52 AM

i think investing all money is a bad idea. In my opinion, you should spend 50% for cryptocurrency, 30% for bitcoin and 20% for eth. 50% remain you should saving and waiting for a good change to invest. Don't risk everything if you can not handle it or understand it quite clearly.

Bitcoin has proved that investing into it is the best decision because it gives more than expectation and on top of it bitcoin is most trustable investment which surely gives you profit and there is no risk so investing who saving into it is the best idea for me and the main thing is understanding first understand about bitcoin market and then put don’t need to put your money into eth because btc is more reliable.

Cosbycoin

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Quote from: bbcolex on November 11, 2017, 12:01:31 PM

As much as I love bitcoin and Alt coins, it's really a bad Idea investing all you have including your savings. The volatile market of crypto is really something you might consider before going all in, never let emotion affect your investment decision. You might be hype by the price of bitcoin and crypto rallying up and decided to go all in to gain more profit, I'm afraid you will lose a big chunk of your savings . Just invest what you can afford to lose mate.

No it is not the way I think at all. Actually being rich or poor entirely depends upon the skills and in some cases the luck of a person .Trading could be related directly with the experience of a person that how much is well acknowledged about the methods of buying in low and selling at high prices.

If someone has set the deal right, he could actually earn a lot of profit in this way. As far as the long and the short term methods are concerned, short term is only effective for those who are not the beginners.

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