Never put eggs in one basket
Don't put them in a basket at all, eat them right away. Then you have nothing to lose. 
Topic: Investing all my savings! - page 56. (Read 14329 times)
Never put eggs in one basket
well i think we can never put egg in one basket if we are not really sure that it will work.i think investing all your savings is really risky in terms of making profit .i believe that it is really dont have an assurance that we can gain because btc is really un predictable. 
I don't agree with investing all your saving in cryptocurrencies, the bad thing which affects bitcoin will affect all other cryptos. We all trust bitcoin, but it has a lot of haters (banks, governments...), thus we don't know what the future hide.
It will depend upon the expertise you gained on investment and trading because there are a lot of complications I mean fluctuations in prices etc so I recommend that some portion of your capital may be invested while some may be kept in your pocket. Because some time we can feel the intense need of money, and therefore it is much more important to have some good money in hand. 
Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
Well its good to invest but dont put all of your savings there ...
never put all your eggs in one basket. never trade what you can't afford to loose. and holding to me is just a very long trade. so it's a bad idea mate; anything above 20% is a bad idea.
It is better to invest some of part of your savings into several coins. For example partially to Bitcoin, etherium and DASH or NEM.
Hello guys! I am planning on investing all my savings (12500$) 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
It might not be a right decission to invest all of them into only 3 coins. Bitcoin is major one, but you need to invest in nice projects too.
A lot of advice, but i'm still not understand why people trust own money to bitcoin. Just invest in real product, hi-tech.
If you do not recognize the distinction of bitcoin, as compared with other kinds of investments, then you are missing some information that is vital.
In essence, bitcoin is distinct from other kind of investments (such as tech) because it is decentralized and thus can serve as a hedge against other kinds of investments.
Certainly, I agree with your point about not investing everything into bitcoin.. maybe up to 10% is o.k. but more than that can be very risky - even though some people may be willing to invest up to 50% and to fill o.k.
When I first got into bitcoin in 2013, my goal was to invest up to 10% of my quasi-liquid investment money within my first year; however, since prices went down so much during 2014, I ended up investing around 13%, and then when price went up in 2016 and 2017, my allocation of bitcoin has become more than 50%, through price appreciation.. amazing performance... but past performance does not indicate future performance, so whatever strategy is employed should attempt to account for present circumstances and account for a person's timeline, finances, view of risk, cashflow and other pertinent particulars.
Dude, don't. Better go in like 50%, you neve know when you'll need money.
In my opinion by investing all savings in cryptocurrency no good idea, I think maximum 80% of all savings and other 20% keep on fiat. Because we need to keep Fiat for urgent needed, and when this happen and the price of cryptocurrency down then we should be withdraw it. So that we are in loss. In my research good coin for longterm investment is BTC, ETH,WAVES and DASH by portofolio 50% BTC and other 50% for those altcoin.
I think you should divide it into three parts, the first part is for your investment this is the half of your saving or 50%,but make sure pick the best cryptocurrency to invest second is for your saving make it 30%, and for the third for your emergency need and make it 20%50% - BTC investments
30% - Savings
20% - Emergency
I think the 'savings' and 'emergency' is just the same because somehow when you have a savings you can easily use it in times when there's an emergency. How about it if we change that 'emergency' into their daily basic needs. I know there were times that we are out of budget in food because we do eat a lot and you'll never know when will you gonna use it. It's better safe than sorry, once you've run out of money. Where would you run to? Especially if you are living alone you might wanna save some extra grand for your safety.
In my opinion by investing all savings in cryptocurrency no good idea, I think maximum 80% of all savings and other 20% keep on fiat. Because we need to keep Fiat for urgent needed, and when this happen and the price of cryptocurrency down then we should be withdraw it. So that we are in loss. In my research good coin for longterm investment is BTC, ETH,WAVES and DASH by portofolio 50% BTC and other 50% for those altcoin.
I think you should divide it into three parts, the first part is for your investment this is the half of your saving or 50%,but make sure pick the best cryptocurrency to invest second is for your saving make it 30%, and for the third for your emergency need and make it 20%50% - BTC investments
30% - Savings
20% - Emergency
I think the 'savings' and 'emergency' is just the same because somehow when you have a savings you can easily use it in times when there's an emergency. How about it if we change that 'emergency' into their daily basic needs. I know there were times that we are out of budget in food because we do eat a lot and you'll never know when will you gonna use it. It's better safe than sorry, once you've run out of money. Where would you run to? Especially if you are living alone you might wanna save some extra grand for your safety.
In my opinion by investing all savings in cryptocurrency no good idea, I think maximum 80% of all savings and other 20% keep on fiat. Because we need to keep Fiat for urgent needed, and when this happen and the price of cryptocurrency down then we should be withdraw it. So that we are in loss. In my research good coin for longterm investment is BTC, ETH,WAVES and DASH by portofolio 50% BTC and other 50% for those altcoin.
I think you should divide it into three parts, the first part is for your investment this is the half of your saving or 50%,but make sure pick the best cryptocurrency to invest second is for your saving make it 30%, and for the third for your emergency need and make it 20%Go for the multiple coins would be good for the altcoins investment but if see with the comparison with bitcoin and altcoins you need thing that which coin is best in the market and value would increase future all that time.
In such cases, bitcoin is every time best investment option so you can invest all your money only in bitcoin itself.
I don't agree with investing all your saving in cryptocurrencies, the bad thing which affects bitcoin will affect all other cryptos. We all trust bitcoin, but it has a lot of haters (banks, governments...), thus we don't know what the future hide.
In my opinion by investing all savings in cryptocurrency no good idea, I think maximum 80% of all savings and other 20% keep on fiat. Because we need to keep Fiat for urgent needed, and when this happen and the price of cryptocurrency down then we should be withdraw it. So that we are in loss. In my research good coin for longterm investment is BTC, ETH,WAVES and DASH by portofolio 50% BTC and other 50% for those altcoin.
I think you should divide it into three parts, the first part is for your investment this is the half of your saving or 50%,but make sure pick the best cryptocurrency to invest second is for your saving make it 30%, and for the third for your emergency need and make it 20%
If all your bills are paid up and living expenses under control, with some income coming in, then I would go all in btc now.
We are currently seeing probably the lowest dip prices we will ever see.
As btc rises then diversify into some alt coin with the btc.
Personally I think btc much more solid than any fiat currency held by banking cartels earning 0%, effectively depreciating.
There is a very high probability of Bitcoin hitting $10k within 6 months and $50k within a few short years.
With all the cheap android devices available now around the world the market penetration of Bitcoin is about to skyrocket.
That combined with the inherent instability of fiat currency makes Bitcoin almost a sure a thing as there ever was.
I'm buying as much bitcoin as I can right now...
My 2 satoshis!
We are currently seeing probably the lowest dip prices we will ever see.
As btc rises then diversify into some alt coin with the btc.
Personally I think btc much more solid than any fiat currency held by banking cartels earning 0%, effectively depreciating.
There is a very high probability of Bitcoin hitting $10k within 6 months and $50k within a few short years.
With all the cheap android devices available now around the world the market penetration of Bitcoin is about to skyrocket.
That combined with the inherent instability of fiat currency makes Bitcoin almost a sure a thing as there ever was.
I'm buying as much bitcoin as I can right now...
My 2 satoshis!
according to my opinion investing all saving money is not a good idea because you should have some saved money in your wallet for emergency need and also if you want to invest full money then it need to invest in some different places because if you face loss from one place then you can recover them from other place.
I can see that you prefer on bitcoin so let say if you hold until next 4 year and only bitcoin able to survive than you made significant amount of profit.
But if altcoin able to survive, you're experience quite major loss.
For me personally, I will keep 100% bitcoin for next 4 years !
But if altcoin able to survive, you're experience quite major loss.
For me personally, I will keep 100% bitcoin for next 4 years !
A lot of advice, but i'm still not understand why people trust own money to bitcoin. Just invest in real product, hi-tech.
See , I would not suggest you to invest everything in cyrpto currencies as you never know what might happen in the future. They might suddenly die and you will not be able to do anything about it.
I would like to say that I will invest my 70% of all saving I will invest in bitcoin and the rest of 30% will be in fiat because not everything we can done through bitcoin still we need physical money for transaction. In the past there were barter system when things were exchanged for things and now things can be purchase through fiat money it is good idea.
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