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Topic: Sell my stocks buy bitcoin... - page 14. (Read 14039 times)

legendary
Activity: 3472
Merit: 10611
July 23, 2016, 11:08:11 PM
#36
I don't think it's a good idea to ever be 100% in with anything. You'd be wise to diversify & spread your investments & equity among several different ways/methods. 

Agreed. I'm heavily invested in BTC for the long term, but I could never let it be 100% of my assets. My cold storage is generally a solid 25-30% though. Then I have another ~20% on exchanges, in either $ or BTC depending on the current picture. ~20% in gold and silver. My 401k is in growth funds and commodity indexes and is ~15%. The rest is in cash assets / CDs.

Bitcoin should only be part of your investment, not all. The moment you go all in your money is at risk. There is no situation where you should jeopardize your money.
Some money in stocks, some money in a savings account and some money in bitcoin. That's how i have set up my assets.  If Plan A fails I always got a Plan B.

That's what i also would

that's right. although i suggest that for any kind of investment because going all in is never a good idea because losing means losing big time.
on the other hand i sometimes feel like it may be a good idea to go all in bitcoin at some point (not always) and make the biggest profit in short term and then take out the extra money and continue with the smaller amount.
hero member
Activity: 490
Merit: 500
July 23, 2016, 09:06:30 PM
#35
The price is finding a balance, I would advise buying if for the long term.
hero member
Activity: 672
Merit: 500
July 23, 2016, 08:19:25 PM
#34
I don't think it's a good idea to ever be 100% in with anything. You'd be wise to diversify & spread your investments & equity among several different ways/methods. 

Agreed. I'm heavily invested in BTC for the long term, but I could never let it be 100% of my assets. My cold storage is generally a solid 25-30% though. Then I have another ~20% on exchanges, in either $ or BTC depending on the current picture. ~20% in gold and silver. My 401k is in growth funds and commodity indexes and is ~15%. The rest is in cash assets / CDs.

Bitcoin should only be part of your investment, not all. The moment you go all in your money is at risk. There is no situation where you should jeopardize your money.
Some money in stocks, some money in a savings account and some money in bitcoin. That's how i have set up my assets.  If Plan A fails I always got a Plan B.

That's what i also would
hero member
Activity: 756
Merit: 502
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July 23, 2016, 06:16:22 PM
#33
I don't think it's a good idea to ever be 100% in with anything. You'd be wise to diversify & spread your investments & equity among several different ways/methods. 

Agreed. I'm heavily invested in BTC for the long term, but I could never let it be 100% of my assets. My cold storage is generally a solid 25-30% though. Then I have another ~20% on exchanges, in either $ or BTC depending on the current picture. ~20% in gold and silver. My 401k is in growth funds and commodity indexes and is ~15%. The rest is in cash assets / CDs.
sr. member
Activity: 364
Merit: 250
July 23, 2016, 05:49:33 PM
#32
Why not just hold some of the bitcoin for a few years? It could have a big increase or maybe double in a few years. There may be more potential gain with bitcoin but also there is some risk.

Holding now is one of the best and most wise things to do. If you are new you will see bitcoin can give you more profit then traditional stocks, but there is no guarantee so I would advice to diversify your money too.
hero member
Activity: 658
Merit: 500
July 23, 2016, 05:30:56 PM
#31
I don't think it's a good idea to ever be 100% in with anything. You'd be wise to diversify & spread your investments & equity among several different ways/methods. 
of course it is better not to just put all your money into bitcoins right now, anything might happen to the price, if i were you i would put only the money i can afford to lose
sr. member
Activity: 364
Merit: 254
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July 23, 2016, 04:37:24 PM
#30
Why not just hold some of the bitcoin for a few years? It could have a big increase or maybe double in a few years. There may be more potential gain with bitcoin but also there is some risk.
legendary
Activity: 3304
Merit: 1617
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July 23, 2016, 12:56:00 PM
#29
I don't think it's a good idea to ever be 100% in with anything. You'd be wise to diversify & spread your investments & equity among several different ways/methods. 
sr. member
Activity: 286
Merit: 250
July 23, 2016, 12:41:02 PM
#28
You can do that if you want to but you will to think twice before you make a move like that because it is not sure that Bitcoin is going to pay off.
If you are doing good with your stocks then I suggest that you should do them both.

In the long term, if you buy 1 bitcoin now, it will be $1000000 in a few decades. In short term, the price is not known.

And how are you so sure of that? Anyway, if you really believe the price to go up that much, then start buying yourself all the coins that you can at current prices. You'll be a multi millionaire.

Yes. I have bought some bitcoin in 2013 and bought more when there was a price drop. I have also spent some.
legendary
Activity: 2170
Merit: 1427
July 22, 2016, 04:25:18 AM
#27
You can do that if you want to but you will to think twice before you make a move like that because it is not sure that Bitcoin is going to pay off.
If you are doing good with your stocks then I suggest that you should do them both.

In the long term, if you buy 1 bitcoin now, it will be $1000000 in a few decades. In short term, the price is not known.

And how are you so sure of that? Anyway, if you really believe the price to go up that much, then start buying yourself all the coins that you can at current prices. You'll be a multi millionaire.
sr. member
Activity: 286
Merit: 250
July 22, 2016, 03:30:52 AM
#26
You can do that if you want to but you will to think twice before you make a move like that because it is not sure that Bitcoin is going to pay off.
If you are doing good with your stocks then I suggest that you should do them both.

In the long term, if you buy 1 bitcoin now, it will be $1000000 in a few decades. In short term, the price is not known.
sr. member
Activity: 476
Merit: 250
July 20, 2016, 09:38:26 AM
#25
You can do that if you want to but you will to think twice before you make a move like that because it is not sure that Bitcoin is going to pay off.
If you are doing good with your stocks then I suggest that you should do them both.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
July 14, 2016, 08:02:36 AM
#24
i wouldn't just leave a market completely just because i want to invest in bitcoin, so if i were you i would still keep my investment in stocks and also invest in bitcoin.

it is all about diversification.

Tell That to mark Cuban lol...
hero member
Activity: 1036
Merit: 520
July 14, 2016, 01:46:49 AM
#23
i wouldn't just leave a market completely just because i want to invest in bitcoin, so if i were you i would still keep my investment in stocks and also invest in bitcoin.

it is all about diversification.
sr. member
Activity: 252
Merit: 250
July 14, 2016, 12:46:24 AM
#22
That is not a bad idea but if you were doing good with the whole stock thing then I would not give it up for Bitcoin. You can also choose to do both.
If you do both you can make money on both platforms which is even better because you have more sources of income then.

You can hedge 50/50 if you like, but  be aware that if either your btc or your stocks go to the moon you will only realize 50% gainz....
I think stocks are going to take a hammering, I am fairly sure holding btc would be the better deal overall but we all have different tolerances to risk /Reward ratio and time frames...
yes I totally agree it will prevent you from losing a lot of money when one of the investments lose money and that's when the words that can be from one of the books I read about how to invest properly Smiley

Also the ratio can be fine adjusted, not necessary 50-50, you may go 25% bitcoin, 75% stock. As long as you are comfortable with the ratio.  GBTC today has over 70^ premium over sport price, and it stays in this level I am very impressed.
hero member
Activity: 518
Merit: 500
July 13, 2016, 10:50:37 PM
#21
That is not a bad idea but if you were doing good with the whole stock thing then I would not give it up for Bitcoin. You can also choose to do both.
If you do both you can make money on both platforms which is even better because you have more sources of income then.

You can hedge 50/50 if you like, but  be aware that if either your btc or your stocks go to the moon you will only realize 50% gainz....
I think stocks are going to take a hammering, I am fairly sure holding btc would be the better deal overall but we all have different tolerances to risk /Reward ratio and time frames...
yes I totally agree it will prevent you from losing a lot of money when one of the investments lose money and that's when the words that can be from one of the books I read about how to invest properly Smiley
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
July 13, 2016, 04:35:25 PM
#20
That is not a bad idea but if you were doing good with the whole stock thing then I would not give it up for Bitcoin. You can also choose to do both.
If you do both you can make money on both platforms which is even better because you have more sources of income then.

You can hedge 50/50 if you like, but  be aware that if either your btc or your stocks go to the moon you will only realize 50% gainz....
I think stocks are going to take a hammering, I am fairly sure holding btc would be the better deal overall but we all have different tolerances to risk /Reward ratio and time frames...
newbie
Activity: 28
Merit: 0
July 13, 2016, 09:53:35 AM
#19
Two weeks later re buy..?

If you sold "two weeks later," (on the 8th) you would have lost a trifling sum. If you sell now? Would still lose a trifling sum.
This, of course, assumes zero fees all around, and sub-par performance from your stocks.
hero member
Activity: 616
Merit: 500
July 13, 2016, 09:44:26 AM
#18
That is not a bad idea but if you were doing good with the whole stock thing then I would not give it up for Bitcoin. You can also choose to do both.
If you do both you can make money on both platforms which is even better because you have more sources of income then.
sr. member
Activity: 286
Merit: 250
July 12, 2016, 02:02:42 AM
#17
Bitcoin heading back down to $500 in my opinion  Grin

Not necessary. The price of bitcoin will trade between $550 to $750 in the next 2 to 4 months or longer.
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