Pages:
Author

Topic: NO! Do Not Invest all you have on Bitcoin and Cryptocurrencies - page 8. (Read 3884 times)

member
Activity: 322
Merit: 10
......if you're afraid of losing everything. The most important thing before you start investing is to assess all sorts of risks and understand whether you are ready to go for it. And on this basis to understand how much you are willing to spend on bitcoins.
member
Activity: 686
Merit: 30
yea , just curios why some ppl can invest all of their capital into bitcoin , i think they are just know story about ppl get rich by bitcoin and didnt know people who get loss because of bitcoin
jr. member
Activity: 153
Merit: 1
There's no way i can Invest all you have on Bitcoin and Cryptocurrencies , Reason been that, the system can crash at anytime Or another thing one can think off.
member
Activity: 252
Merit: 12
We can apply this not only on investing in BTC but on any kind of investments. It's somehow similar to playing in casino, the risk of losing everything is too high.
newbie
Activity: 128
Merit: 0
As in all best practices it is advisable to diversify with any type of investment. So even with bitcoins and alt.
yeah, don't collect all the funds in one instrument if that fails it will make you experience a lot of losses.
Don't put eggs in one basket
newbie
Activity: 95
Merit: 0
Golden statements when it comes to investments.
Always invest what you can lose.
Don't put your all eggs to same basket.
you must be wise if you are a investor. otherwise you can be in trouble.
newbie
Activity: 49
Merit: 0
It is very stupid to rule everything in cryptocurrency ! A huge figure of losing money through inattention or a Scam !
member
Activity: 181
Merit: 12
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.
That’s right. I believe that most of people in this market know that puting  all money to cryptocurrency is big risky but some still goes to this path because they kind of greedy and finally they lost all of their asset. As we all know that cryptotucurrency is notoriously volatile, therefore when you decide to enter this market should remind yourself that everything can change continuously. It’s not like what you expected. Taking part to this market, you need to consider carefully  before making a decision, don’t put all money on it and especially keeping patient.
sr. member
Activity: 504
Merit: 250

Invest wisely, only invest what you can afford to loose


This advice is quiet simple but personally i think this is the best advice that you can give all the new investors in the market. There are risks in everything, including crypto. This is called life. So, we all need to make wise moves..
jr. member
Activity: 154
Merit: 1
a financial airbag should always be and without it you can not move any further because you do not know what the market will show you tomorrow
jr. member
Activity: 154
Merit: 1
really guys are very easy to lose everything in one moment so be extremely careful and careful with your investments
member
Activity: 193
Merit: 10
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?
Yeah you're right don't invest all because even though you already experience some improvement in bitcoin it's not the reason to invest all be a wise person don't be foolish, just invest on what you can, this maybe cause your life on future in some other reason no one can control the bitcoin and just look others who is investing in bitcoin too, they didn't invest anything they have because even though the bitcoin is trusted in investin in, they're thinking wise so you have to think wise too.
member
Activity: 168
Merit: 12
Look ARROUND!
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?
Thats right , its not good to invest all what you have in bitcoin since you cant determine your fortune. Investment is always risky and you dont know what will happen in the future. Your advice is very helpful especially for newbies.
newbie
Activity: 31
Merit: 0
Yeah, your advice is helpful to many guys here who was going to sell his house to become a frenzied investor. Never throw "put all eggs at one basket". Spare an amount of money that secure yourself in the best case. Investing more than you can actually manage to buy will result in wrong decision made due to emotions of fear and worry.
newbie
Activity: 112
Merit: 0
Whether to invest all the money that we accumulate in Bitcoin depends on the investment view of each person. Can be high risk but profitable. Or invest in a safer way of not slipping off all the assets for an investment. But according to the reward, we should spend about 50% of the income we have to invest. It gives us certain security.
full member
Activity: 560
Merit: 100
you're right, don't invest everything we have in bitcoin or cryptocurrency, it's very risky, just invest some that we have provided specifically for investment. if lucky, we will profit a lot.
unless it's ready for the worst risk, invest everything you have in crypto.
full member
Activity: 798
Merit: 121
You have a point investing all of money in crypto currency is a big risk that you will putting your money in a not sure platform of investment wheather it will gain profit or it will loss but the main reason is if the people who investing in crypto currency have knowledge of how crypto currency works because some people are just investing their money without a knowledge of what totally bitcoin is thats why they lost their money investing to it. So I prefer to all of investors in crypto currency to gain more knowledge about it before putting their money to crypto.
Right before you start to invest in bitcoin make sure you have enough knowledge about in cryptocurrency cause this is your key of success. If you don't have knowledge in cryptocurrency don't try to invest all your money  in crypto cause you don't know how to face the risk  of investing in it may cause to lose your money.
full member
Activity: 294
Merit: 100
This is the most obvious, but unfortunately the most underestimated advice. Many beginners invest all the money and lose them, in pursuit of fast profit. I think it is better to invest no more than 1 \ 3 of your capital in various crypto. This is the best option risk / profit ratio.
jr. member
Activity: 149
Merit: 1
don't rely on the bitcoin only if you invest your money In bitcoin and crypto currencies only. crypto is volatile and unpredictable so don't invest everything you have.  and specially newbies don't invest without researching crypto
newbie
Activity: 182
Merit: 0
Indeed this is correct that don't put resources and investments into bitcoin or some other thing in one time the business and alternate auntopenours dependably advised the correct method to put is to put resources into various distinctive thing in one time so that on the off chance that one would be in misfortune ther will give you the profit.It's the more regrettable oversight to be done is to put all you have in one thing.Its about the bitcoin as well as it's in each sort of investement.
Pages:
Jump to: