With all your assets, Investing in Bitcoin is really a madness or beneficial ? - page 2.

Wawa2013

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Quote from: tokyohd on September 20, 2021, 03:09:12 AM

Quote from: Arslan0049 on August 18, 2021, 12:33:09 AM

I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !

Investing in crypto is always risky. Just as there are profits to investing in crypto, there is also a risk of substantial loss. I think you should never invest all your resources in crypto. You can invest step by step.

It is not recommended to invest in Bitcoin using all the wealth we have, because investing in Bitcoin includes high risk. However, the movement of
Bitcoin is very difficult to predict, if the price of Bitcoin goes up we will indeed generate a large profit, but what if the price of Bitcoin falls like it did
in 2018. Therefore, if we make a decision, always think about the worst case scenario. I agree with what you said, it's better to invest
step by step, starting with small capital. It is much safer and more beneficial.

AicecreaME

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Quote from: Arslan0049 on August 18, 2021, 12:33:09 AM

I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !

Invest what you can only afford to lose. Risking everything you have to buy a speculative asset that is highly volatile is a very dangerous move because we can't really tell exactly if that coin will appreciate or depreciate the moment you need your funds in cold cash already. If you're going to invest, set your limit and boundaries. Do not be so obsessed about it because you can end up being broke later on if you will not be strategic and if you will disregard risk assessment and management before and during your investment. Diversify as much as possible because it's a great strategy to maximize your cash flow. Do not be impatient, but do not be greedy as well.

You can start it off little by little if you prefer or you can start it big time too. Just make sure that the money you will invest is the amount you will not be depressed on if things don't go the way you planned them to be.

tokyohd

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Quote from: Arslan0049 on August 18, 2021, 12:33:09 AM

I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !

Investing in crypto is always risky. Just as there are profits to investing in crypto, there is also a risk of substantial loss. I think you should never invest all your resources in crypto. You can invest step by step.

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

It is very clear that investing in bitcoin is an excellent investment both in the short and long term, of course it is necessary to take into account that any investment has risks and the person needs to have knowledge in order to make profits, nothing is easy, it is not possible that money fall from the sky, it's people who need to use the knowledge they get to make a profit, by that I mean you can't blame bitcoin if you lose money. if the person has knowledge then he will make a profit

Imran232

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As a trader, I have two points of view. One is holding. If you can invest your money for a long time, then you must choose the holding option. And, regardless of which coin you hold, keep in mind that the project, like bitcoin, should be the best.

But if you want to be a short-term trader, then you can choose two methods to invest a small amount every month in bitcoin. And, in comparison to others, try to keep your 60% in USDT.Then select your project for short-term trade and take your profit. Then, as I said, every month, buy a small amount of bitcoin from your profit. Now you can ask for the other 40% of my money. First invest 40% in Bitcoin, then do a short-term trade with 60%. and buy a small amount of bitcoin every month from the profit of your 60%. Thats my strategy, which I followed. With this strategy, I made profit in 2 ways. If the price of bitcoin rises in the short term, I profit; otherwise, I can buy in deep every month, which is profitable for me. Its my opinion others can be different. Thank you.

EdenHazard

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Quote from: bitcrystal on September 18, 2021, 07:01:18 PM

sometimes taking risk depends on your level of conviction, i feel thats why these people can go this extra mile and do the seemingly impossible. its not a must to start from their level, you can start little and grow your holding but never invest what you cant afford to lose most especially because you might not be able to wait enough for recovery or profit if worst scenarios happens.

always refer to high risk high return , not everyone can do this and not advised to do that though.
it was all the sweet stories, look at the otherside where a teenager suicide due crypto investment, a guy divorced due this , depressed people using loan money but get hits hard in crypto trading and many more dark sides of crypto investment.
the key is to keep your prespective in both sides so you'll get a better judgement whether are you ready to go all in with these risks or just to play it safe.

go ahead if you have done your own judgement and 100 percent sure on what you gonna do in taking risk.
pretty simple + confusing at the same time, indeed. the choice is yours .. finding an advice here is not a 100% guaranteed advice , its just a reference dont take it 100% as your judgement

Baskeyairdrop

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Quote from: Fortify on September 19, 2021, 01:56:19 PM

Quote from: Arslan0049 on August 18, 2021, 12:33:09 AM

I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !

Lots of people tend to confuse the word investing and will apply it to many things that it is not. There is little hard evidence that Bitcoin will have a much brighter future and it is actually much tougher for the price to rise in future because such large sums of money is required to move the price. However if you were to invest in a company like Coca Cola for example and do a bit of research to discover it sells 100 million bottles a year, having increased that by 5% year after year for the last 10 years, then you have a pretty solid idea of where it is going in future. Except for anomalies like Covid, which can be both a positive and a negative, that history is giving you lots of useful information on why it is paying out higher profits each year. There is no such background on why crypto moves in the way it does.

So are you saying investing in BTC now is a wrong thing to do? Because a lot of us looked at BTC in this way 3 years back and failed to invest in it and watched the price increase drastically.

Baskeyairdrop

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Most people that profit from investing in bitcoin are those who are in for a long time investment. Those that do short time investment are only spot trading and that is why they do not see bitcoin investment to be profitable.
Check the chart, it has increased over the years.

Fortify

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Quote from: Arslan0049 on August 18, 2021, 12:33:09 AM

I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !

Lots of people tend to confuse the word investing and will apply it to many things that it is not. There is little hard evidence that Bitcoin will have a much brighter future and it is actually much tougher for the price to rise in future because such large sums of money is required to move the price. However if you were to invest in a company like Coca Cola for example and do a bit of research to discover it sells 100 million bottles a year, having increased that by 5% year after year for the last 10 years, then you have a pretty solid idea of where it is going in future. Except for anomalies like Covid, which can be both a positive and a negative, that history is giving you lots of useful information on why it is paying out higher profits each year. There is no such background on why crypto moves in the way it does.

irsykes

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Quote from: Arslan0049 on August 18, 2021, 12:33:09 AM

I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !

I wouldn't think or maybe suggest people do that thing. Because like what OP said, if there is a dump it means will shock investors so for me i will only follow basic rules in trading or investment. Always use money that we already lose, and of course i wouldn't sell my house or anything important to my life into investment because to analyze i am not good and although professional traders sometime made a mistake and i not want really bad thing happen to my life.

ropyu1978

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with all the assets we have, investing in bitcoin, in my personal opinion this is not just looking for profit, but I think this is just a high-level gamble, because if all the assets we have, we invest all of them in bitcoin, I think this is not fair Investing in bitcoin is indeed very good, but we must be aware that we also have to open other businesses, because if the price of bitcoin is falling, of course we have hope in other businesses..

TribalBob

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very crazy, if we invest all our assets into bitcoin, where we can not measure when bitcoin will reach the profit we want right, the heaviest risk is a dump, and we suffer a large enough loss,
so for me it's better to invest from a smaller amount and regularly set aside money to invest bitcoin and have a max profit goal,

BivxiuDavi

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As long as it's not borrowed money, then both daily trading or buying and holding big coins are profitable opportunities and don't pass it up "when people are still talking about crypto, bitcoin,...while forums, communities that still attract tens of thousands of people to join and discuss."
On the one hand, basically for savvy investors, surfing is a "earned" channel.
On the other hand, if you don't understand it yet, you should make a small investment to gain experience.
However, given the nature of a speculative asset, Bitcoin's price increase is not for the faint of heart.
But the coin always has two sides, big profits always come with commensurate risks. If Bitcoin can skyrocket for no particular reason, it can also drop very suddenly.

Any type of investment is risky, you should not assume that just invest, buy Bitcoin, you can make money. You should know how to accept risks and losses when the market doesn't go your way. "Go on a journey at the beginning but don't be the last to get off"!

MaDeidre

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I use most of my money to invest in Bitcoin. Will not invest all the money. Investment is a very risky thing. If I store all my money in Bitcoin and use Bitcoin for payment in the future, I will try. We should be responsible to our family and to our money. Investment is to have a strong mentality. I don't want to lose my will to life because of investment failure.

freedomgo

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Quote from: bitcrystal on September 18, 2021, 07:01:18 PM

sometimes taking risk depends on your level of conviction, i feel thats why these people can go this extra mile and do the seemingly impossible. its not a must to start from their level, you can start little and grow your holding but never invest what you cant afford to lose most especially because you might not be able to wait enough for recovery or profit if worst scenarios happens.

What the family did was really very risky and is unacceptable because if things happen not from what they are expecting, they will experience the worst scenarios and might end up see them living in the streets. But i don't think they will take the risk without having a good opportunity to invest. Its clear that they are putting their big faith in bitcoin and really hopeful that after long term of holding, all their hardworks will paid off. And yes, it did really happen. They were able to end up finding huge profits. Faith and determination really matters as long as you know you are on the right investment, even if that decision was totally a big mistake from the eyes of other investors.

bitcrystal

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sometimes taking risk depends on your level of conviction, i feel thats why these people can go this extra mile and do the seemingly impossible. its not a must to start from their level, you can start little and grow your holding but never invest what you cant afford to lose most especially because you might not be able to wait enough for recovery or profit if worst scenarios happens.

glendall

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invest by investing all assets in crypto I think it's crazy, even though I get 100x profit, I personally think more deeply, because bitcoin doesn't always go up there will definitely be a correction and maybe the movement will go up slowly,
invest properly and as much as you can, because greed will lead you to the gates of financial ruin

savetheFORUM

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The right decision must be made in order for this move to be beneficial. While it is true that anything is possible to happen with all assets being invested to Bitcoin, I think that it is a bold move but would prefer to just have a portion of those assets to be invested and diversify the rest. I think that this could be beneficial especially if the timing of entrance to the market in right.

Person with normal mind will never do this as he put all his money in one place because surely it's big gamble, and he could be on road if something serious happen to him mostly peoples invest just half or 1/3 of their investment even it's very profitable because all investments risky, and you must be prepared to be poor.

Let's think about bitcoin time has proven price increase year by year its popularity is increased but still we need some good patience. Bitcoin investment can be started any time as long as we have money to invest and can afford to lost.

Hypnosis00

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I invested money coz I know that it was beneficial and I really get some since the day I put my money in here. But never in my mind that I put everything I have in investment, no, that certainly madness and I think it was a wrong decision been made. People should know the risk we have in investing in crypto and since not all had success, we can't be sure as well that we can make ourselves then.

So, before investing we are already aware of the consequences that we might get from here. If that you feel it was beneficial, then just take but if you are not sure, you'll supposed not to try otherwise.

(o)(o)ilikeboobs(o)(o)

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I call it gambling. many categories such as stocks, gold, real estate, Bitcoin, investment for relationships, investment for self and consumption for family.
That's the wise use of money. Using all assets to go into Bitcoin is not a very good option. Using it for self-investment and relationships can help you make more money. That will always be a smart investment.

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