Pages:
Author

Topic: Is it safe to invest all my savings in cryptocurrencies - page 5. (Read 4624 times)

member
Activity: 364
Merit: 37
PRIVACY WITHOUT COMPROMISE
I think it is save when you are very experienced. Also, you should be ready for the big corrections. Take two three coins and invest in longterm, that will be a good choice
full member
Activity: 504
Merit: 100
never put all your eggs in one basket.

Keep aside sufficient funds for emergencies and running your house. Don't invest everything in crypto. Invest what you can afford to lose. Learn to control your greed.

Have sufficient knowledge before investing. Make sure your entry and exit points in a trade are right.
I agree. Especially such a volatile basket as cryptocurrency. We need to be wise and patient and make better decisions than putting everything in one source of income.
copper member
Activity: 196
Merit: 1
No it is not safe. If you want to invest everything, just think about such situations as right now. I would buy some more coins, if I had some fiat left. Or I would also diversify my funds and take part in 20 different projects.
newbie
Activity: 26
Merit: 0
Investing everything in one direction is always very dangerous and if you are investing based on tips its better not invest if you want to invest then learn do your own research and then invest and have patience to receive your profits
full member
Activity: 630
Merit: 100
Safe word is less value in the crypto world because crypto market is totally volatile market and any thing may happen. Any time huge profit may create and big loss also come in the market, so total your saving should invest not here but it is really that if you will invest for some long time then profit is hundred percent sure. Because it is patience game for big heart man.
full member
Activity: 490
Merit: 100
I think that investing all your money in Crypto, it's a very wise and very safe choice. Because I think that so your money can continue to grow and you can also make a profit. With you buying several coins included in the list of the best coins, you can benefit from long-term investments.

Isn't it risky to deposit all your savings into a cryptocurrency? I do not agree with such reckless actions. The market does not forgive mistakes. Today you have all, tomorrow you have nothing and vice versa.
full member
Activity: 812
Merit: 100
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?

I don't think that will be a wise action. The question is, if you lose all of your savings now, can you afford it ?
If you cannot afford to lose your savings, using all of it to buy cryptocurrency will just bring you disaster.
Just buy cryptocurrency with what you can accept to lose.
full member
Activity: 364
Merit: 100
in my opinion investment is good in crypto but all investment is crypto is not a wise decision in the strategic investment policy and if we look at the big corporations and large investors they invest in different sectors so i personally invest less amount but in many projects so that is lucky for me because if we put all eggs in one basket the chances of risk is high.
member
Activity: 280
Merit: 10
Fast, Smart, Trustworthy
Obviously, this is very dangerous. I don't know why you need to invest all your savings in cryptocurrency. Why can't you invest only 50%? This is safer, isn't it?
member
Activity: 434
Merit: 10
Very good, you are a brave person. I suggest that you put all your assets in Bitcoin. Then wait patiently for five years. You will thank me after five years. Bitcoin is the king of cryptocurrency.
member
Activity: 364
Merit: 10
Now it is better not to risk and not to buy a cryptocurrency, especially all the money. It is better to wait until the market begins to move up and then buy bitcoin and other coins.
full member
Activity: 392
Merit: 100
Of course, this is a very risky decision because with a 95% probability you will lose everything because of a strong emotional state that will not allow you to see a -50% deposit on the account Wink
member
Activity: 238
Merit: 12
never put all your eggs in one basket.

Keep aside sufficient funds for emergencies and running your house. Don't invest everything in crypto. Invest what you can afford to lose. Learn to control your greed.

Have sufficient knowledge before investing. Make sure your entry and exit points in a trade are right.
member
Activity: 350
Merit: 10
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
Cryptocurrency is a wise choice for an investment, but I don’t think you need to invest all your savings. To begin with, try to invest at least some of your savings, and then look at the circumstances
sr. member
Activity: 854
Merit: 267
Never do investing all your savings to cryptocurrencies. You should always have money for bad days. The market is now very volatility and you can lose big money. You should divide your investments to different tools to reduce risk.
member
Activity: 459
Merit: 10
No investment method is absolutely correct. Your investment style is not suitable for too many people, you have the ability to bear more losses and have the ability to make more profits. Then nothing is bad. Everyone has a different definition of investment, and some people think you are a gambler.
full member
Activity: 546
Merit: 100
If you want to get huge profits, you can invest in crypto. I think you can start investing with very little capital because if you don't have the ability, you can lose money. But if you believe your decision to invest with large capital, you can do it. But all you need to know is that saving the safest money is in the bank, but that doesn't make you have many benefits.
newbie
Activity: 42
Merit: 0
I would invest lots of my savings into Canya Coin CAN, its well below its ICO price, has dumped and now its ready to rally hard all the way up.
member
Activity: 742
Merit: 21
Be the reason someone smiles today
The answer is definitely no. First, it is not recommended to invest all your funds in one single direction, no matter if this is fiat, gold, stocks or crypto.

Second, cryto market is still very volatile, meaning that the risks are very high. Besides, main rule in cryto is to invest only what you can afford to lose and I have some doubts that you can afford to lose all your funds.
sr. member
Activity: 728
Merit: 250
I also have the same initial thought with which you speak. money cannot develop if only silenced in the bank. Indeed crypto, not secure, but at least it can give you great results if you use them to trade or invest crypto. Despite the risk but when as get over it is not a problem.
Pages:
Jump to: