Topic: NO! Do Not Invest all you have on Bitcoin and Cryptocurrencies - page 7. (Read 3900 times)
September 07, 2018, 10:43:15 PM
That is just a good suggestion, not to invest all you have in cryptocurrency, leave behind some for future use in case what would happen to your investments,there is a little left.
September 07, 2018, 10:41:51 PM
I totally agree with you, we have no control over the market and we will not know what the future bitcoin price may be. Do not bet all. You have to be careful about the possible risks to you because fraud is everywhere
September 07, 2018, 10:30:01 PM
I bet anybody would do that because cryptocurrencies are very volatile and so if you invest all your funds into it it might take a loner time before you get profit out of your investment.
September 07, 2018, 09:56:00 PM
one does not even need to be advice on this, it is never ideal to invest all your money in one business. Every business has a downtime, just as crypto market has recently. so if you put all you have there what do you do in times like this?
No one in this world can determine the price of bitcoin next year. So you have to use the logic of investing in bitcoin, not just brave. Because brave without calculation is stupid. In the trade of bitcoin, stupid means loss. Don't put all the money in bitcoin, invest wisely so as not to lose too much when the price of bitcoin goes down. September 07, 2018, 09:49:28 PM
Don't put all egs in one bucket. Billionaires only invest about 5%-10% of their wealth in cryptocurrency, and they still divide their investments to bitcoin, eth ,and other altcoin. Don't play gamble in cryptocurrency investment, do research before investing is a must.
September 07, 2018, 09:17:34 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?
I think your opinion is quite right but sometimes we need to risk it. Because investing in the Crypto market is like playing a gamble. If you are not clever and realize the opportunity, you will not be rich. Sometimes we need to risk all our money to get wealth for a while. that is my opinion. 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?
September 07, 2018, 09:14:31 PM
The value of the AML Bitcoin is not determined by any government. Therefore, if any economic or financial instability occurs, AML Bitcoin users are not affected.
September 07, 2018, 10:22:57 AM
For now it’s natural that many people are infatuated with bitcoin because a few weeks ago bitcoin’s price was decreased greatly. At this time many new investors have started investing in bitcoin because the price are increasing continuously.
I'm sure one day if bitcoin’s price is falling again like a few weeks ago many people will panic, complain and blame bitcoin due too confident with the continuous increase in bitcoin’s price.
I'm sure one day if bitcoin’s price is falling again like a few weeks ago many people will panic, complain and blame bitcoin due too confident with the continuous increase in bitcoin’s price.
August 27, 2018, 04:57:27 PM
that's true, invest what you can afford to lose because there is always a possibility of failure, always remember that this digital world of cryptocurrency is a gamble. There are people who lost and die because of investment that is lost. Just look at the market right now its declining,
August 27, 2018, 04:41:20 PM
A great alert, everyone should think, and generally do not put all your money into one project
Funds must be divided for investment in more than one project
Funds must be divided for investment in more than one project
August 27, 2018, 04:09:26 PM
In my opinion, no one will risk all his/her savings and funds in something that is not safe. This is quite childish behavior. You have to be completely sure that you invest something that you can afford to lose. Don’t go straight forward to one coin and invest all in it since you don’t know how it will behave
August 27, 2018, 04:01:14 PM
I agree with you, don't invest what we have in bitcoin or crypto, just invest a few because investment in bitcoin and crypto is very risky. and don't use important money to make investments, use savings money that we have prepared for investment, so that if you lose, it doesn't cost too much.
I'm confused. Why talk about it every time? After all, these are obvious things.
August 27, 2018, 03:58:43 PM
There is nothing courageous and admiring about someone who greedily invest in cryptocurrency just because he heard that many investors who invested in it made millions from it. I see them as being selfish and unreasonable. Asides, from investing with the money that you can and willingly to lose, one should monitor the market and know how it flow and not just jumping into it.
Definitely we only invest some money that if we lose it, investment would be ideal if we use the money that we will not use in a relatively long time. Whatever happens with our investment, our minds can be a little quieter because we are not in a depressed state. Risking most of our money in investment for sure will give us a big presure that will lead us to make a panic decision when something unexpected occur.
August 27, 2018, 03:37:47 PM
This should be in the basics of cryptocurrency investment and same with any other form of investment one can ever think of. Putting one's egg in one basket is a very bad decision and can have adverse effect.
August 27, 2018, 03:10:32 PM
it is imporper for one to invest all his wealth on a particular thing. it is wise to spread it in different investment. bitcoin and cryptocurrencies are very vloatile. no one can tell what will happen in the next minute, so be on a safe side and spread your wealth across different investment
August 27, 2018, 02:53:56 PM
one does not even need to be advice on this, it is never ideal to invest all your money in one business. Every business has a downtime, just as crypto market has recently. so if you put all you have there what do you do in times like this?
August 27, 2018, 02:11:45 PM
All this is very well said. Believing bitcoin is certainly good, but do not risk everything for the sake of the fact that in the future you can really remain with nothing. Do not climb into this business without understanding what's what and what it consists of.
August 26, 2018, 03:35:10 AM
Yes, it would be a good decision because this market is unpredictable if you invest all then you may lost everything or your every thing will going to stuck for several years.
August 25, 2018, 09:58:02 PM
Yes, I do not understand people who blame Bitcoin than that, because it is really a means of payment and in principle does not differ from any other currency.
August 25, 2018, 05:23:32 PM
This is great advice, especially for gambling people. Bitcoin is not stable and cannot promise you a specific amount of earnings for a specific period of time. So leave some of the money in Fiat or cash, for your own peace of mind.
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