With all your assets, Investing in Bitcoin is really a madness or beneficial ? - page 4.

Sanugarid

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Quote from: Arslan0049 on August 17, 2021, 11:33:09 PM

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 !

It is not really advisable to sell all of your asset and put it all in BTC because the market in crypto is super volatile wherein it could be new all time high or the other way around which is a nightmare for all investor including traders. It doesn't mean it worked for them, it will worked for everyone. So just invest what you can afford to lose , BTC could crash anytime just like on what happened few months ago and if you're not mentally prepared then don't do it.

bitzizzix

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It seems to me that doing crazy things sometimes produces very unexpected results, selling assets or valuables to invest in bitcoin is not a crazy idea in my opinion, on the grounds that you still have other income or reserve funds when you invest.
What's important is that you do it based on sufficient knowledge and analysis to convince you, like a big investor for example, no big investor will invest large sums of money even sacrificing one valuable asset or another to invest in bitcoin.
because they believe bitcoin for the long term will provide satisfactory returns as it has in the last 10 years.
unless you don't believe in bitcoin better just ignore it, and I personally believe in it.

junmisakiro

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Quote from: Arslan0049 on August 17, 2021, 11:33:09 PM

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

Of course this would seem like a crazy idea if we put all our funds into bitcoin investments for the short term, because basically the characteristics of bitcoin are certainly very volatile in the short term so it can pose a big risk for us, so I think if we really want to put all funds then buy bitcoin and invest bitcoin into long term at least for decades.

jamkesmas

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If we plan to invest in the long term and have great patience, then there is no harm in trying to invest as they did, considering the supply of bitcoin is very limited it is very possible in the future bitcoin will have a higher price and provide opportunities for investors to earn greater profits in the future.

Assface16678

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Quote from: Arslan0049 on August 17, 2021, 11:33:09 PM

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 saw a news and interview about a family with the same issue as mentioned, they sell their asset that they bought at low price and sell it recently.

For me, if you have a stable job and steady income you should invest your spare money in buying btc. Even though the price is unstable, your funds is still there and if time come that you need the money you can easily cash it out for your own use. However, due to the current state of btc and without further research about crypto, you may panic sell but if you trust yourself and the potential of it then it is good for you.
Overall it is beneficial not only that you save your asset for future purposes but also the potential of it to grow is in good sight.

imstillthebest

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Quote

Should we invest just like them or should start with a less amount ?

depends on us if we are also crazy like them or can afford to loose if all didnt go in the plan but for the majority i think that they can still think the normal way or have a lesser guts than the family in your story so they probably invest less .
we can still earn good in bitcoin as long as we are going to tighten our patience and if we manage our emotions verry well but congrats to that family if they still have thier btc , they deserve the profit that they will be getting.

Melody kdl

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This is crazy. This is something I will never be able to do. I take the risk of losing all of my investments. It’s not too risky. I can’t take such a risk. I’m not sure. I don’t want to take risks with so many years of hard work. If I fail, I Can't face my family.

Pulsar77

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It is of course madness. You should never invest all of your money into Bitcoin or any other cryptocurrency. Even if you see that someone is doing it, don't care about it. He/she will be the one who is taking an enormous risk. You should always invest an amount which will not be a big deal for you if you lose some or all of it. This is one of the essential rules for the investors.

topbitcoin

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Quote from: Arslan0049 on August 17, 2021, 11:33:09 PM

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

Basic thing who want to make investment, always use free money. If must sell assets, maybe sell assets that which be used as investment, not sell assets that all we have include what we use as daily. Like maybe money for example, because if use all money and then investment is being bad, we can't do anything about it. And that can cause big loss for us especially when unexpected thing happen.

chanler

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Before investing in bitcoin, make sure first that we are able to understand the market so that we can handle it when the market is down so as not to panic. we know that investing in bitcoin can be very profitable if we can manage our assets properly and not rush into making a decision regarding the assets that owned, because if not with careful thought then it can be misleading. therefore it is important for us before investing in bitcoin to really understand the market and if we are still in doubt we can start with a little capital first to practice and hone skills.

suzanne5223

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In spite of that, Bitcoin was an innovative technology with loads of potential, selling all one's assets and invested them in Bitcoin is still madness because investment advice in every setting is to always invest the amount you can afford to loose and someone decide to go extra then it a sign of greed.
Following the footstep of this kind of people is not advisable and it always good to do your own research than using others investment decision.

ReiMomo

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I love to invest as much as I can man. But other commitments are really stopping me to completely focus on Bitcoin. Yes, monthly commitments are being the prior things to look at as of now rather than investing all in either bitcoin or on any other crypto currency on trading. But for those who have money more than whats required for their commitments, then yes, they are much free in investing all they can.

DeathAngel

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Investing in bitcoin is the best thing I’ve ever done. It’s a deflationary asset with a halving every 4 years. It’s designed to go up forever. Buy bitcoin, ignore it for 10-15 years & be rich.

S4VV4S

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maybe investing in the bitcoin world is very good because it is long term but to put all the assets we have in bitcoin under the pretext of profits that are so crazy for me right now is not the right time, considering bitcoin is still settling at a price that is too low so we will not feel benefited by the price, because for me it is better to buy at a high price I will put all my assets in bitcoin, if the price has started to rise

Suharti12

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Investing completely in Cryptocurrency assets is a very bold decision, it will only be done by the truly have a smart calculation people.
The fluctuating value of Cryptocurrency can make us rich, but it can also make us poor.
I personally didn't dare to do that, and only invested part of the treasure I had here.
And for the people who are here, I don't recommend this because it has a big risk, you can lose your assets.

mrongos

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with all your assets, investing in bitcoin is really crazy or profitable,, if we put all the eggs in one basket, I think we have taken a very big risk, because we all know the market is never stable, if the price is high you can say successful, because you can make a profit, but we also have to be ready, if the price goes down you will definitely experience a loss,, at least we have to have another business to help our finances..

mrongoz_imut

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crypto market is unpredictable, if all the assets you own and you invest are all in bitcoin, I think you are really crazy, investing in bitcoin is good, but we must have a plan b, to be able to help our finances, because if we have other businesses we will never be afraid if the price of bitcoin goes down, because we still have other businesses, to help our finances..

conected

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Quote from: chichigirl on August 25, 2021, 08:23:42 PM

Quote from: Arslan0049 on August 17, 2021, 11:33:09 PM

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 !

They are very lucky that they invested their money at the best and perfect timing that they get a lot of profits but as of now, i guess that t
is not the best idea. Maybe I will invest in BTC but not all my assets.

- The philosophy of life is a series of betting games from low to high, we as a player stand in front of many games, recklessness makes us aware of opportunities and if someone is already perfect in such recklessness, it is not bad for us to become a second name, this philosophy means whether we can give up everything for a primitive life regardless of the biggest stumbles or not. Many people guessed the event as a bad and imperfect idea but the result has once again erased tradition and disparagement, can't evaluate this idea, it's easy to make others miss their chance

lightning0

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Users in the crypto market know that crypto investment is risky, and the risk of investing all funds is great.
Although the more funds invested in Bitcoin, the more profits will be made as its price rises, but the unstable price of Bitcoin also carries great risks. Bitcoin must be sold when the price drops and funds happen to be needed, which will cause great economic losses.

chichigirl

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Quote from: Arslan0049 on August 17, 2021, 11:33:09 PM

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 !

They are very lucky that they invested their money at the best and perfect timing that they get a lot of profits but as of now, i guess that t
is not the best idea. Maybe I will invest in BTC but not all my assets.

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