Topic: SELL ALL YOUR FIAT AND LIVE 100% CRYPTO!!!! - page 7. (Read 2499 times)
I think it is indeed appropriate. Because if you want to focus on crypto, then we recommend a maximum on crypto. Sure just that crypto this could produce the best. So you will be able to more realistically. because there is already a conviction.
This is very dangerous advice. It could ruin someone's life. People, be careful not to risk everything you have.
In this situation of market, nobody will be willing to invest all of his/her money into crypto, even though this is a good opportunity to buy them while they are dip.
but that only happen to 1 out of thounsads or even few hundred thousands and I aint got trapped into gambling my asset like this, it's just really wrong. I don't recommend this kind of investing because it's just very risky and not justified in any way.
maybe he will got that money and be financially free but there's one thing I know, this step is really wrong and everyone should NOT do it.
maybe he will got that money and be financially free but there's one thing I know, this step is really wrong and everyone should NOT do it.
This is a very important step, since you do not know what will happen to the next day's crypto currency, but you can also take a chance and get more
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?
And because they are so popular they are also earning a lot of money. Many crypto companies are supporting them, they are something like advisors. Would you dare to do the same? Sell all your FIAT for CRYPTO?
I would state it was a urgent choice, yet perhaps they'll win from it. It resembles win or bust. I'm not prepared to chance this way. Regardless of whether the crypto showcase develops amid the following year I won't offer all fiat for crypto, until the point when the digital forms of money will be utilized rather than fiat cash.
On the off chance that anybody will do that, I can guarantee that they're genuinely morons. Where will you live after you offer everything to put resources into cryptographic money? In the event that this family put resources into BTC toward the finish of a year ago, I can guarantee that right now, every one of them are crying a result of BTC value Smiley). Try not to do that, you just ought to contribute the measure of cash that you have and don't have any acquaintance with you ought to put resources into which.
It might sound workable and attractive, but selling all your fiat to live a full crypto life currently is not a very tangible plan, The technology hasn't been even adopted by half the world population, that means that its still unpopular, Besides, there are only few store that accept crypto as a form of pay and most governments are yet to legalize it, where are you going to spend these cryptos yet there are the basic needs that needs to be catered for, you are better off waiting a little longer for its complete adoption to sell all fiat
I've heard that story, but if in my position I will not divide 80 / 20 % I am doing 50:50 investment crypto and real asset. that's what I'm allocating 50% for crypto and that's not just bitcoin but from 50% I bought alt coin half of it and began to see opportunities to participate in ICO projects maybe you can try 
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With this current situation I can't do that such thing selling all my fiat for crypto or even if the value of bitcoin and altcoin are getting higher because of the fact that cryptocurrency is not yet being established or formally accepted or no assurance that it will lasts for a lifetime.No one can tell how long its existence and that made it too risky to invest all in.
My candid advise would be that you invest only what you can afford to loose. Investing all your fiat at the same time, would mean that if coins get dip and you need fiat urgently, you would have to sell low in order to get the fiat.
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Would you dare to do the same? Sell all your FIAT for CRYPTO?
I exchanged all my USD Tether holdings from the profits of past trades to various crypto assets. Thats all my risks at the moment. It is amount that can be lost without hurtful, that allows me get psychological comfort.
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 thinkmthere is nothing noble in that, it is j9t a challenge, jot an interesting one, of course, so why should we all do that? Would you dare to do the same? Sell all your FIAT for CRYPTO?
I am 1000% supporting this, but you should still buy at the lowest price possible... beacuse we don't know how much down it could get
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?
Would you dare to do the same? Sell all your FIAT for CRYPTO?
As for me, too cardinal a way, it is good that the borrowed funds have not yet been turned into Bitcoin, and that would be stressful with the current rate jumps up and down.
I think that I am too old to be encouraged to undertake such an adventure, especially since I have always been a very conservative person and have become accustomed to living with some comforts, albeit modestly.
In my case I have made the decision to turn all my economy into the crypto-universe, however in the underdeveloped country in which I live it is extremely difficult to be able to survive without the use of fiat, as there are practically no options to pay my daily expenses with cryptocurrencies, but in spite of that, most of my money is invested in cryptocurrencies and I would also expect a growth of at least 500% in about three years.
Go completely on the use of cryptocurrency is a very stupid idea. All users of the cryptocurrency never use the same currency. You always need to minimize the risks. In the case of Fiat, this principle is also suitable. You should always have a backup option. You can't know what will happen in a few decades. You will always need a pension in any country. In my case I have made the decision to turn all my economy into the crypto-universe, however in the underdeveloped country in which I live it is extremely difficult to be able to survive without the use of fiat, as there are practically no options to pay my daily expenses with cryptocurrencies, but in spite of that, most of my money is invested in cryptocurrencies and I would also expect a growth of at least 500% in about three years.
I think that I am too old to be encouraged to undertake such an adventure, especially since I have always been a very conservative person and have become accustomed to living with some comforts, albeit modestly.
In my case I have made the decision to turn all my economy into the crypto-universe, however in the underdeveloped country in which I live it is extremely difficult to be able to survive without the use of fiat, as there are practically no options to pay my daily expenses with cryptocurrencies, but in spite of that, most of my money is invested in cryptocurrencies and I would also expect a growth of at least 500% in about three years.
In my case I have made the decision to turn all my economy into the crypto-universe, however in the underdeveloped country in which I live it is extremely difficult to be able to survive without the use of fiat, as there are practically no options to pay my daily expenses with cryptocurrencies, but in spite of that, most of my money is invested in cryptocurrencies and I would also expect a growth of at least 500% in about three years.
That is what i cannot do. I can't sell all my fiat for crypto, because I have a policy when it comes to any investment, either in crypto or any other area of investment. I only invest what i can afford to loose. Perhaps the family that sold all fiat for crypto can afford to do, but i tell you it is quite risky. Well business is all about risk.
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?
Would you dare to do the same? Sell all your FIAT for CRYPTO?
NO. Definitely, not. I would never fell all my fiat money to live for the cryptocurrency. Traditional money gives us stability. Yes, you can get many profits from crypto, but what to do when the market falls?
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