SELL ALL YOUR FIAT AND LIVE 100% CRYPTO!!!! - page 2.

Ariess

sr. member

Activity: 546

Merit: 250

Quote from: cryptohoodz on April 12, 2018, 12:55:05 PM

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?

I don't think so, every one of our speculations is different as well as knowledge. and I think the person you are talking about will experience a loss when the market is like this. and for the growth of bitcoin it will take a long time after accidents and prolonged corrections. I'm sure this year there is no significant movement in growth.

sorrros

full member

Activity: 954

Merit: 104

ludenaprotocol.io

Quote from: cryptohoodz on April 12, 2018, 12:55:05 PM

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?

They can do it because now they are living thanks to support from crypto community, from advertisement - yes he is an advisor in some crypto projects. So it is not as easy as you can think.

reynand

newbie

Activity: 143

Merit: 0

basically, we cannot guarantee that joining the cryptocurrency world will make us successful. for sure, it all depends on how people use it. if we can use it well then it will make us get the profits. therefore, we must be able to see the opportunities that available to gain the profits

warning_btc

member

Activity: 378

Merit: 11

Decentralized Digital Billboards

The days when peoples live only for crypto not become.
You buy services and any other thing more expencive for crypto in compare with fiat moneys

canhancut82

newbie

Activity: 73

Merit: 0

I know a lot of people have sold their homes to invest in crypto, but that is 2017, the time of the cryptocurrency boom. Now, in 2018, when many people invest money in cryptocurrency to make a profit, the market is constantly going down.I do not think anybody now dares to use all of their money to buy bitcoin

vebby

member

Activity: 294

Merit: 10

If I indeed prefer the crypto. and fiat has never played. because I was from the beginning is very fond of crypto. and indeed there has been no desire to play fiat. then I think it is indeed a good idea 100% on crypto only.

elwiswoodie

member

Activity: 378

Merit: 16

the risk taken is too big and dangerous for ordinary people like me
crypto cannot be used as a guarantee of success, because for success we need hard work, not waiting for the price of coins to become expensive
people who work hard will get experience, lessons and will also get the meaning of the purpose of this life
You can do trading, as long as you make trading your side job

smt_red

full member

Activity: 398

Merit: 100

Investments is like a game, you could win or lose. Lots of projects are some who are successful. Just look into a very good project to invest. I have always been a very conservative person and have become accustomed to living with some comforts most of my money is invested in cryptocurrencies and I would also expect a growth of at least 800% in about three years. Roll Eyes

nik9990

full member

Activity: 616

Merit: 100

First Islamic Crypto Exchange

I think it's not very rational, you should have some other savings to do so

sammy21

member

Activity: 672

Merit: 10

Quote from: Robert de Crypto on September 15, 2018, 02:54:45 AM

in my opinion, that is not wise in investment. Always 2 conditions when you invest in anything, Profit or loss. The story will be happy if the investment return in 5x profits or more how if minus 5x? that's both possible in investment. Stay safe and wisely for investing.

everything you say is true. Remember crypto has not been used as a means of payment is officially in all countries. It means that fiat is still in the headlines, never doubt it, if you want to invest crypto I suggest to get it started from a small value first. Once you have success with your investment can proceed with greater investment for larger profits.

piaomar

jr. member

Activity: 252

Merit: 1

the world of cryptocurrency is risky. if we can't use it properly then we will only get the big losses. we never know the future of crypto and our success. if we fail in crypto then it will give big losses. therefore, before joining the cryptocurrency world, we must learn it well.

Robert de Crypto

member

Activity: 420

Merit: 15

in my opinion, that is not wise in investment. Always 2 conditions when you invest in anything, Profit or loss. The story will be happy if the investment return in 5x profits or more how if minus 5x? that's both possible in investment. Stay safe and wisely for investing.

tisumagic

member

Activity: 364

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: jarojak on September 11, 2018, 03:57:06 AM

No way, I won't do that. Fiat money is good enough for me. Maybe you can buy a fancy drone or the newest action camera with crypto but not food or other everyday needs in my country.

suggested to sell fiat currency, because to move on crypto investment which is currently cheap. and this advice is for those who already have a lot of money, if only a little money then just save it to the bank so you can still eat

IvanPetrov-751

newbie

Activity: 31

Merit: 0

I heard that one man in 2016 sold all his savings and the house and bought a very large number of bitcoins, and at the end of 2017 and early 2018 could get several times more

Kryten12

member

Activity: 448

Merit: 15

TREEBLOCK

I can't really see this as a viable option at least not yet. We need the introduction of a 100% working crypto debit card that can be used by the citizens of any country or region. I have seen exchanges change their withdrawl options and and left me with no easy route to change crypto back into FIAT and whilst those uncertainties can easily happen it would be very dangerous to go crypto only.

spaso_87

jr. member

Activity: 224

Merit: 1

When crypto mainly bitcoin is still in a low value such as first time will certainly be good things and daring to run it. but now all the rates are too high and of course, doing so is tantamount to a folly. may be able to generate but certainly for real-life hassles will be too.

weborsha

member

Activity: 560

Merit: 11

What a nice story! I don’t think I could do the same thing because I have a little daughter and she needs something more stable and permanent in her life. I think this family has no kids or they are grown up now.

DabsPoorVersion

sr. member

Activity: 1260

Merit: 315

www.Artemis.co

Quote from: DmitriySar on September 11, 2018, 04:13:49 AM

This is a very risky choice, but the person in your story is lucky. I can not risk all my money, so I invest free money whose loss will not cause panic.

indeed, if you have failed in your investment, or maybe you need the money immediately, the only thing you could do is to cry by your mistakes. investment are risky, if you want to invest, just invest the amount of money that you think you can risk.

Huruharacorp

member

Activity: 392

Merit: 12

Quote from: maldini on September 11, 2018, 03:07:01 AM

why not? I'm very brave but certainly with good calculations. because when you sell all your fiat and buy crypto, you will not know the price will go up or down, this is what you have to pay attention to, not to suffer a big loss.

sometimes investment is not purely just relying on science, but also must be supported by experience and luck so that w can get a profit in the investment. it seems like what is happening now can be one of the good moments to buy it

DmitriySar

full member

Activity: 392

Merit: 100

This is a very risky choice, but the person in your story is lucky. I can not risk all my money, so I invest free money whose loss will not cause panic.

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