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Topic: Transfer My Entire Savings to Cryptocurrencies? - page 4. (Read 4040 times)

copper member
Activity: 252
Merit: 0
it will be a mistake to continue the same way as we know crypto is unstable and you dare to put your v PRA ETHERDELTA VC EVEN THAT DOES THINGS AND PRICES
full member
Activity: 364
Merit: 100
I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.

I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.

What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.

In my own opinion, that will be the biggest mistake you will be going to made, the market prices is unstable due to volatility so you might get broke if you did not have any back up when the prices drop down.
member
Activity: 252
Merit: 10
I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.

I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.

What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.
I wouldn’t advise you to move all your savings to cryptocurrencies, it’s very risky, there is nothing wrong with it if you leave it in bank. If you want to put your money into cryptocurrency, don’t put all, just divide it and put half of it or any amount you can afford to lose. Bitcoin is risky and profit does not come all the time. I remember that there are people who lost up to 50% last year.
What you say is very reasonable, cryptocurrency does not always bring us profit, risk is something that always exists and appears very unexpected in this market, just with a few minor flaws and if we do not spot it in time, losing more than half of the capital is very normal. However, we still can not deny the profit that crypto has brought, many people suddenly become rich with crypto in just a few nights when they invest all their savings on it, so back to the question of the topic, the answer would be that as long as we know what we are doing, everything is possible

Exactly. You're right. This market will win and lose always exists in parallel. However, we need to make smart choices so that we do not get caught up in difficulties. Need to have a strong belief and live up to the optimistic, you are the winner of every market, I believe so.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.

I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.

What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.

In my own opinion, transfering your entire savings into cryptocurrency is not a good idea because it will only make you lose a huge amount of your coins today since the prices are still dumping in the market.
sr. member
Activity: 291
Merit: 250
If you're confident and already have some experince with stocks than go ahead. Bittrex is safe exchange. Cryptopia is good for some lowcaps
newbie
Activity: 224
Merit: 0
Assume a scenario in when even though most of the people in the world are in the factor of bitcoin being the future of the world it is actually a bubble, and this led to the fact that if you put all f your savings in this market when it crashes you will have nothing left
full member
Activity: 461
Merit: 101
Going all-in is too risky, well if you really believe that you'd
go all-in to that coin, then go. don't be too optimistic, think
of the bad side too.
It would be better for you to have a proper budget allocation instead of trying to put all your eggs in one basket. Even though this is profitable but still you should consider the risks, the loses and the fear that you may get  when you encounter failures and above all you should consider to have a proper allocation for you can't tell the emergency incident.
hero member
Activity: 1456
Merit: 501
DGbet.fun - Crypto Sportsbook
I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.

I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.

What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.
I wouldn’t advise you to move all your savings to cryptocurrencies, it’s very risky, there is nothing wrong with it if you leave it in bank. If you want to put your money into cryptocurrency, don’t put all, just divide it and put half of it or any amount you can afford to lose. Bitcoin is risky and profit does not come all the time. I remember that there are people who lost up to 50% last year.
What you say is very reasonable, cryptocurrency does not always bring us profit, risk is something that always exists and appears very unexpected in this market, just with a few minor flaws and if we do not spot it in time, losing more than half of the capital is very normal. However, we still can not deny the profit that crypto has brought, many people suddenly become rich with crypto in just a few nights when they invest all their savings on it, so back to the question of the topic, the answer would be that as long as we know what we are doing, everything is possible
newbie
Activity: 27
Merit: 0
Putting all your money into crypto currencies is good but very risky and not advisable to do so for me. It is better to use Bittrex as an exchange site cause their security system is good (but annoying).
member
Activity: 350
Merit: 10
Im not sure if you have read or heard one famous idiom about investing " Do not put all your eggs in one basket." If you havent, then there you have it. Dont put it all maybe half is safer or maybe the most is 75% and put the remaining 25% for insurance or immediate funds.
jr. member
Activity: 224
Merit: 1
One of the best advices of experts is not to transfer all you entire savings to cryptocurrencies due to the fact that you will need it in case of emergency. On the other hand, if you want to deal with trading or investment then you should have enough knowledge about it. Knowing whom you will trade and invest with is the best thing you can do in order not to get scammed and ended with an empty wallet.
sr. member
Activity: 491
Merit: 250
I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.

I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.

What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.
I wouldn’t advise you to move all your savings to cryptocurrencies, it’s very risky, there is nothing wrong with it if you leave it in bank. If you want to put your money into cryptocurrency, don’t put all, just divide it and put half of it or any amount you can afford to lose. Bitcoin is risky and profit does not come all the time. I remember that there are people who lost up to 50% last year.
newbie
Activity: 280
Merit: 0
Going all-in is too risky, well if you really believe that you'd
go all-in to that coin, then go. don't be too optimistic, think
of the bad side too.
full member
Activity: 812
Merit: 100
I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.

I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.

What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.
In that case I think much better to don't put your all savings in crypto because a huge money like that is so risky. Maybe divide it so you can assure that you will get a good earnings or profit.
member
Activity: 196
Merit: 10
I don't think it is a good idea to put all your savings to cryptocurrencies, if you are not confident in your decision. Start with a smaller part would be better.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
No, don't do that. It is too risky, if crypto will collapse you'll be left with nothing left, I don't thing that you desire that thing.
Investing in cryptocurrency is one of the best decision to do because a lot of people who will invest on a good crypto can able to became profitable but i dont think that it is a good idea to put all of your savings into crypto maybe you should just invest the 70% of your savings and you should keep the 30% for other purposes.
member
Activity: 322
Merit: 12
Yes now we better not throw all our money in stock but diversify our portfolio today. Stocks are really good for us but in terms of profit making trade with cryptocurrency is the best market for us nowadays, I think bittrex is safer nowadays that we use. In the meantime, make your own research on the ongoing altcoin and you are sure to achieve high marks in the future.
member
Activity: 219
Merit: 10
If you think about your savings and you want to transfer savings to cryptocurrency so it is a good decision because nowadays cryptocurrency market is the world largest investment platform. I suggest if you have a more money then you can move your money to cryptocurrency. You can start investing in altcoin because altcoin have bright future so don’t late to buying altcoin for your better future. There are too many people invest in altcoin market so you can do it without any thinking.
newbie
Activity: 46
Merit: 0
Interesting, why some projects list the tokens before the ICO ends? For example, 3des listed their additional futures token on etherdelta - an interesting marketing move.
newbie
Activity: 120
Merit: 0
Not bad, a good marketing move! The 3des project that's doing their ICO now listed their additional token  on etherdelta.
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