Same. I am invested all my savings into cryptocurrency several months ago. Value bitcoin now is really a blessing for me. Because, doesn't have to wait several years just to make it grow more than 100%.
Maybe you should think it first before you invest all you saving, because is not safe if your going to invest it all there possibility that is never return you capital or maybe just a half of your invesment that make you take, because the value of bitcoin is unstable. 
Topic: Investing all my savings! - page 51. (Read 14329 times)
My suggestion is not to invest all your savings to crypto, moreover just to take positions without doing any technical and fundamental analysis. If you are not a pro trader and wish to invest your savings I suggest you review Covesting. Imagine a venue where you could follow top cryptocurrency traders from around the world and profit together with them. You would be able to see a previous performance of each separate trader, evaluate risk ratios and read reviews. Everything would be transparent and intuitive. Instead of analyzing the markets, you would have an easy job of analyzing the performance of real asset managers, and "hire" the one matching your risk appetite and profit goals. You would literally have a place with combined wisdom and experience of hundreds of professional cryptocurrency traders at your disposal. Hows' that sound? Would you be interested in becoming a part of such community?
I am not in favor of investing all the savings in bitcoin because if the price becomes too low it means that you will lose a lot of your investment and it is not good. You must keep some money in your bank account because if the hard times start due to lose in bitcoin investment you will survive easily while having money in your local bank account. Otherwise you will be intense if you invest all the savings you have.
The raito of your amount is good but i offer you make some daily trade big a small amount of your budget. Perhaps %5-10. Follow some altcoins and buy from dip. Don't forget to use stoploss and take profit.
I agree with you about ETH and Bitcoin, these are safe. But how about Litecoin? I don't think you should spend the rest 25% for a safe coin too. You should spend that money for a new coin. Maybe risky, but high ROI.
Investing all your saving in cyrptocurrencies is not advisable the percentage which you mentioned is good enough but its all cryptocurrencies. Honestly saying percentage for bitcoins seems wise decision it is more then enough and other percentage which you want to invest divert into other things so your saving can support each other to grow and anything will go wrong also you will not panic and you will get time to take decision.
I will suggest him the same. There is nothing wrong in investing such big percentage into bitcoin but all crypto currencies are not like bitcoin. Bitcoin is the only one that has potential of returning you what you have invested rather more than it. Bitcoin is the best currency so far so just invest it and forget all other currencies. Invest rest of money into gold or real estate for being on safe side.
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
Hello friends, do not you know that there are many other types of investments that are more secure. it is true it is up to you because you have money but if I can advise you should not invest all the money you have in the form of crypto. I think you should share some of the money you have with doing business in the real world. I say that because investing in crypto is an investment that has a high enough risk level. -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 is a very risky move you are going to make there. I do not have enough courage to invest everything I save. I always make reservations for the future so the most I can invest is 50% of my savings. Good luck to you, and hope you make good money in your long term investment.
Same. I am invested all my savings into cryptocurrency several months ago. Value bitcoin now is really a blessing for me. Because, doesn't have to wait several years just to make it grow more than 100%.
Thats not right, investing is risky thing you do in your bitcoin, if you try to invest just half of your saving, because if there is something happen to your investment, atleast you have other half of them.
My friend, don't invest all of your savings in cryptocurrency. There's a maxim, "don't put all your eggs in one basket" . By the way, your splitting is seems fair to me.
Cheers and best of luck.
Cheers and best of luck.
Don't forget a very important thumb rule for investment. Don't invest more than what you are willing to lose. Even though the investment seems secure it's not a wise move to invest all your savings if you can't afford losing all of it.
Indeed, even the most secured investment might encounter problems along the way. Its not good to invest all of our savings because its risky and no assurance of money return unless you are ok with that.
For me better to keep some of your savings and invest 50% of your asset so if theres something bad happen you still have money to turn on to. Still it depends on each of us how to handle this situation.
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
Maybe if you will buy and hold then I would suggest it would be good to hold in a long term. But maybe don't use it for trading, I think that is a good idea to have a better savings for the future. -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
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
-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
Buying the Dip is common sense. But how do you know if it doesn't dip lower?
Don't put everything in. Keep some cash so that you can average down if it dips lower.
I think investing all the savings in trading is a great idea. for the long term will benefit because the prices are down and up .. but you also have to be good at taking steps when you should trade all your coins
Investing all of your saving consider as brave decision and you dare to take the risk.
As we know bitcoin already make a promising value over 7 years so investing a lot will make you rich in the future.
The question is : Are you dare enough to invest a least 1 btc on 2021 ?
Don't forget a very important thumb rule for investment. Don't invest more than what you are willing to lose. Even though the investment seems secure it's not a wise move to invest all your savings if you can't afford losing all of it.
I think investing all the savings in trading is a great idea. for the long term will benefit because the prices are down and up .. but you also have to be good at taking steps when you should trade all your coins
Same. I am invested all my savings into cryptocurrency several months ago. Value bitcoin now is really a blessing for me. Because, doesn't have to wait several years just to make it grow more than 100%.
Really good for you, well this is risky to put all your money here on bitcoin, better to diversify it so you can make more money for your brighter future. Invest what you can afford to loose.
Same. I am invested all my savings into cryptocurrency several months ago. Value bitcoin now is really a blessing for me. Because, doesn't have to wait several years just to make it grow more than 100%.
It's an interesting topic, I wonder what made you decide to do so??? Why all savings? It's quite a huge amount. I would split it like 50-50% cryptocurrency (or less) and some other ways of investment, eg real estate or something else. Of course I don't know you situation and I can only judge from my point of view
The portfolio is good, but I wouldn't take all my savings. I believe in crypto, but there always could happen something unexpected like bans, loss of wallets, hacks and so on.
Yes, it is not good to invest completely into Crypto's with all your saving because if you are enough you will make more returns on your investment. Otherwise you may loose all the money, so always invest that it should not effect even though you loose them.
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
-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
Great portfolio mate but I think it's not a great idea. Putting ALL your savings in cryptocurrencies is bad. We really don't know what will happen in the coming days.
Maybe you could invest 20-30% of your savings mate. Atleast you still have spare savings in your pocket if your investment will not go through.
But if you can afford to lose then go for your plan mate. Your list of coins are good and surely will give you big profit.
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