Topic: NO! Do Not Invest all you have on Bitcoin and Cryptocurrencies - page 19. (Read 3901 times)
August 08, 2018, 12:37:47 AM
In any investment, never invest more than you can afford to lose. The risk of investing in the world of cryptocurrency is very high because the price is very volatile. Do not be careless if you do not understand market analysis techniques. Do not just be affected by hysteria, you should be able to control your emotions.
August 08, 2018, 12:15:30 AM
yes that's true ... because investing in bitcoin or altcoin is very risky for beginners ... prices are always played by those who have lots of money ...
we can't do anything ... can only take part in the game
we can't do anything ... can only take part in the game
August 07, 2018, 11:59:29 PM
in my opinion there is no harm in investing in bitcoin with all the total assets you have because by investing in bitcoin you can still make purchases in Altcoin using the bitcoin you have.
Yes theres no harm in investing bitcoin but its not ideal to invest all what you've got, just invest slowly and make a profit surely, slowly but surely. Just be wise and create some nice strategy in order to earn some profit.
August 07, 2018, 11:51:30 PM
in my opinion there is no harm in investing in bitcoin with all the total assets you have because by investing in bitcoin you can still make purchases in Altcoin using the bitcoin you have.
August 07, 2018, 11:22:07 PM
Strongly agree. They only think about profit but don't think about the loss. They don't have any plans for when they will lose and ultimately don't have anything they have. Should, if they have $ 10K and want to invest in crypto, then they have to invest just $ 5K. If from $ 5K gets a profit, they can invest their profits again. at least their initial capital has returned.
August 07, 2018, 11:11:41 PM
I think that's right. Investing too much bitcoin you own, it's a double-edged sword, if lucky you can get a huge profit if you do not learn much about the market of bitcoin, you may suffer. Let's go back to the bitcoin
August 07, 2018, 10:45:56 PM
This is a piece of advise to us all. Cryptocurrencies are very volatile hence their values can fluctuate at any time and so it is therefore better to invest some amount of your money so that even if you lose your initial investment amount you can still have something to rely on.
I hope you know the risks that will be faced in investing and start planning from the outset if there are problems about falling market prices, anticipation from the start is good for maintaining and smoothing a business for success. August 07, 2018, 10:30:28 PM
This is a piece of advise to us all. Cryptocurrencies are very volatile hence their values can fluctuate at any time and so it is therefore better to invest some amount of your money so that even if you lose your initial investment amount you can still have something to rely on.
August 07, 2018, 09:51:48 PM
for my part, certainly what you assert is true. We cannot invest all our money in crypto and bitcoin. The volatile nation of bitcoin could be very near loss. If we make investments all the money right into a crypto forex, we are able to incur quite a few losses. We without a doubt emerge as negative. Billion before we expand we do hazard management properly.
August 07, 2018, 06:37:48 PM
I have read several posts on this forum where people have claimed to have invested all the money they have on Bitcoin, I also read a post where a guy claimed to have used all the $20,000 his uncle gave him to also invest in Bitcoin, some even sold their landed property. The reason for these risks and others is the firm believe that Bitcoin would be $50,000 - $100,000 by the year 2019 or thereabout.
First, I must say that I admire the courage and high risk appetite of such persons. But, I must also warn.
Yes, It is good for everyone to have high hopes for Bitcoin, and also hope it gets to 100k USD in future, but you should also consider a safety factor in anything you do including investing.
Mathematically,
DO NOT Assume,
P(Success of future term) = 1 ; and
P(Failure of future term) = 0
This implies that, you must always leave a little fraction for probability of failure which in this case is the safety factor, no matter how little the fraction may be. Simply put, you don't have absolute control of what happens to Bitcoin and Cryptocurrencies in the future.
Invest wisely, only invest what you can afford to loose
Just a piece of advice.
What are your own suggestions?
First, I must say that I admire the courage and high risk appetite of such persons. But, I must also warn.
Yes, It is good for everyone to have high hopes for Bitcoin, and also hope it gets to 100k USD in future, but you should also consider a safety factor in anything you do including investing.
Mathematically,
DO NOT Assume,
P(Success of future term) = 1 ; and
P(Failure of future term) = 0
This implies that, you must always leave a little fraction for probability of failure which in this case is the safety factor, no matter how little the fraction may be. Simply put, you don't have absolute control of what happens to Bitcoin and Cryptocurrencies in the future.
Invest wisely, only invest what you can afford to loose
Just a piece of advice.
What are your own suggestions?
Thanks for the good advice specially to all the new members here and to all new and upcoming investors. You are absolutely correct for that, putting all our savings in any investment means we are taking some risk for we never know the future of btc and when it will rise. We never know when we earn from our investment because in trading it is better for us to learn how to hold.
August 07, 2018, 06:31:15 PM
People are not following that rule anymore, they just put all the money that they have on bitcoin and they end up losing all the money that they have if it crashes, the cycle is always repeating
August 07, 2018, 06:21:17 PM
I think so. Because Bitcoin is a high-risk, though profitable, investment tool. Consequently, it may happen that you lose everything overnight.
August 05, 2018, 08:26:58 PM
it is very smart to have a again up cash that you may use within the case of cryptocurrency crashing, otherwise you're under the risk of being bankrupt. i'm making an investment most effective the cash that i can manage to pay for or that which I will be spending on not mandatory matters.
August 05, 2018, 06:33:28 PM
If you have readen as you said you would know that investing your money is not throwing your money in the air.
The most known rule is to never invest what you can't afford to lose. So, stay safe and invest what you can afford to lose.
The most known rule is to never invest what you can't afford to lose. So, stay safe and invest what you can afford to lose.
August 05, 2018, 06:29:14 PM
It should be like that. Don't invest everything we have into bitcoin or cryptocurrency. Because investing there has a risk. So invest when you have more money. And don't push yourself too much to invest.
August 05, 2018, 06:20:46 PM
Yes for sure, you can't sell your house to invest into the crypto market. Everything needs balance, and so does your finance! Let's do the things right 
August 05, 2018, 06:13:23 PM
No matter how juicy or mouth watery the offer is, pls kindly invest with an amount you can afford to lose. The market is extremely volatile and your asset worth few hundreds of dollars could easily worth tens of dollars, so be warned and very careful.
August 05, 2018, 05:00:26 PM
There are some people who are very brave to invest everything they have in crypto or bitcoin, they believe they will get huge profits without thinking about the risks that might make them miserable. A fortune if it turns out they win and gain considerable profits, but if the opposite of course it will be very painful. For me investing well is in accordance with the financial capabilities we have without having to force ourselves, so we will not be afraid of the decline in prices and worry about the risk of loss. Because we will be able to be patient and control emotions in waiting for price increases that we can finally benefit through investing in bitcoin or cryptocurrency.
So, understanding your own abilities in the world of bitcoin is the main capital. Don't take big risks if we don't understand it. Especially if we only rely on luck. That's ridiculous. Cryptocurrency provides many advantages, but the risk is also great. 
August 05, 2018, 04:50:22 PM
Your advise is appreciable because never invest our all money in bitcoin or other crypto over hope gives u difficulties. we are investing on that platform where we are not sure that will give us profit or loss so don't do this, invest that money which we can afford when we loose because profit depend on right time market entry and exit.
Yes, invest only the money to afford to lose. Never invest all your money in bitcoin cause it is difficult the value is very unstable we're not sure if we gain profit or not. We need first to review how market works because profit depend on right time. August 05, 2018, 03:08:30 PM
This is obvious for everybody who is having a head on his shoulders, you need to save some money in the case that has cryptocurrency would not last forever, even in the time when we believe about cryptocurrency that it will be our future economy system you need to have some different investing or savings.
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