Topic: With all your assets, Investing in Bitcoin is really a madness or beneficial ? - page 7. (Read 1031 times)
August 21, 2021, 11:40:11 AM
See all your cryptocurrencies just thinking nothing but silly investing in bitcoin. If you are very interested then you can choose the top ten in the coin market. All of these Coins are profitable enough for long-term investment.
August 21, 2021, 08:54:40 AM
Selling all assets and then putting everything into bitcoin investment without considering the risk, I think this is a very crazy decision, because basically the price of bitcoin is very volatile, so no one can predict market movements with certainty, maybe we can get big profits if we put everything at the right time, but it is also possible for us to lose everything, when it is put at the wrong time.
August 21, 2021, 11:22:48 AM
I would vote for absolute madness because that's counter to the principle of invest on what you can afford to lose and that family just did the opposite, I know that they will get the profits in the long-term but they still have to survive before that happens and it's going to take a long before that can happen.
August 21, 2021, 10:37:35 AM
I don't know what's making people do these choices, just look at the price of bitcoin already, I think it's enough proof that investing in it for the long-term is beneficial, although I won't advice putting all your money like what these family did because it might not happen to you.
August 21, 2021, 10:01:29 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.
I am sure they were able to afford it, which is why they sold all their "assets" and put it all in bitcoin. In the end it did work out for them, right? If they were able hold for 2 years, I am guessing they were already financially stable. Got good returns, this is what matters. If they are smart, they would just take half profit, and keep the rest invested.But as a dump then came in crypto market, for every investor it was really a great shock.
The market dip wasn't a "great shock" to anyone. Everyone was expecting the price to fall down a little. You can't expect the price to keep on going up.
What you people say about this topic ?
Should we invest just like them or should start with a less amount ?
If you can afford losses, then sure why not? Should we invest just like them or should start with a less amount ?
August 21, 2021, 06:35:46 AM
So if I sold all my assets to invest in bitcoin in 2018… I could be rich. Lol, any type of business has minimal risk. For example, you buy a piece of land in the suburbs and 5 - 10 years later the city, you will have a profit, x2 - x3 for that land. But if on the contrary, after 20 years, you can issue it for the same purchase price. ok, bitcoin too, never invest all your assets in any one type, be a mature man and always stand your ground. There are many other opportunities here and think of loved ones, family, children who are in need of your care and attention. So don't be crazy just to try to do so!
August 21, 2021, 05:58:52 AM
It is crazy to invest all the assets. I will not invest all my assets, I admit that I am timid. 
But investing in all assets and reaping profits may be able to live my life forever.
It takes courage to invest, but also to think about the consequences.
Because we still have daily life. Can't take it all to gamble.
Yes, that will be too risky if we use all of our money to invest in bitcoin.But investing in all assets and reaping profits may be able to live my life forever.
It takes courage to invest, but also to think about the consequences.
Because we still have daily life. Can't take it all to gamble.
Besides that, we still need fiat currency for our daily lives so it will not be good if we decide that.
We need to be smart to allocate our money to invest in bitcoin because if we can do that, I am sure that in the future, we will make a lot of profit from bitcoin, which means we will have a chance to make big money.
Maybe we need to have a plan before investing in bitcoin and sticking to our plan while we continue to survive day by day.
It needs to manage our money to our lives so we can have a chance to have a better life in the future.
August 21, 2021, 05:06:52 AM
I don't think selling all our assets for Bitcoin would be worth it. When it comes to crypto investment, we should only invest what we could afford to lose since the market is too volatile. No matter how long we hold, there's still no assurance of a good profit so we shouldn't risk all our assets on it. As for me, our savings would be good for investment as long as we're ready to face the consequences of crypto investment.
August 21, 2021, 04:16:27 AM
~
one thing you have to realize, as long as the person does not sell his/her Bitcoin then he/she will never loseBitcoin price is very volatile, tomorrow you can see it at $30k but 2 days later it can be at $60k
last February, I bought Bitcoin at a price of $40k, when the price of Bitcoin fell to $29k I didn't sell it, it's proven that now Bitcoin is up again and I have made a profit
"you have nothing to lose as long as you don't sell because rest assured the price of Bitcoin will go up"
August 21, 2021, 03:49:15 AM
It is not advisable to invest all funds in Bitcoin. Any cryptocurrency is risky.
Although Bitcoin is a high-value cryptocurrency with great potential, it also has certain risks due to the high price volatility.
Investment is a long-term business, and you should invest within your own risk tolerance. If there is no accurate knowledge and correct investment strategy, there may be greater losses.
Although Bitcoin is a high-value cryptocurrency with great potential, it also has certain risks due to the high price volatility.
Investment is a long-term business, and you should invest within your own risk tolerance. If there is no accurate knowledge and correct investment strategy, there may be greater losses.
August 21, 2021, 02:20:36 AM
Any investment has risks. Investment should consider the possibility of risk loss and make a wise investment.
Although Bitcoin is a valuable cryptocurrency investment, it is more profitable than any other investment, but investing all assets in Bitcoin means gambling, and no one can guarantee that the price of Bitcoin will rise or fall.
Investing all funds in a risk that will increase the investor's risk, invest in an amount that you can afford to lose.
Although Bitcoin is a valuable cryptocurrency investment, it is more profitable than any other investment, but investing all assets in Bitcoin means gambling, and no one can guarantee that the price of Bitcoin will rise or fall.
Investing all funds in a risk that will increase the investor's risk, invest in an amount that you can afford to lose.
August 21, 2021, 02:14:20 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 !
if you know where bitcoin price will gonna go perhaps its a good decision to put all in. But if not you should be aware about the circumstances in the future , wherein you need to keep updated to any news about bitcoin, i mean very often so that you can make a new strategy for it in order to save your profits no matter what happen to the market,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 !
For me it's very important even you invested for long term because market nowadays is relying whats new will occurred in the internet.. So if you let your money flow without any specific information how long will last the uptrend in the market of course there no way you can dump in the right time and you will end losses.. So bear in mind to keep monitoring your investment especially news, so that you know what's a good decision to make if ever there's a bad situation and etc.
legendary
Activity: 2828
Merit: 1213
Call your grandparents and tell them you love them
August 21, 2021, 02:05:09 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.
I have my doubts when I comes across articles like these. Without verifiable information, the article may have been misinterpreted or simply faked. Please dont be so gullible as to believe everything you see on the internet. Someone buying bitcoin at high without doing basic chart checking is a fool.Quote
Should we invest just like them or should start with a less amount ?
Amount is irrelevant, since you can buy bitcoin upto eight decimal places. What is relevant is the point of entry. This needs some analysis on investor's part to choose which points are low enough to buy.Quote
as Bitcoin came down in past months . it can be a great loss for those who invest madly !
Only if you have bought at high prices. Lack of knowledge and lack of prior experience in other speculative asset trading like stocks commodities etc leads to such mistakes.Buying at the wrong point is a mistake, not madness. Either they have been FOMOed or they have been foolish enough. Again putting all assets into one investment is also a foolish mistake.
August 21, 2021, 01:27:17 AM
This is a case of one putting all their eggs in one basket, though may seem beneficial, but is relatively dangerous and unadvisable because you may loose everything at a go. What some smart investors will tell you is to diversify, that is spread your money into different good investments which is better.
We do all believe that it is always a good choice to diversify your asset in other basket rather than putting it in one though for me investing in bitcoin was and always a wise decision it is most common cryptocurrency and so far the most profitable token but putting all your asset I think is not advisable. And also before deciding to put all your money in such investment make sure that you have already educate yourself about it plus don't ever forget the favorite quote of everyone "take only the amount that you afford to lose".
August 20, 2021, 09:49:02 PM
It is crazy to invest all the assets. I will not invest all my assets, I admit that I am timid.
But investing in all assets and reaping profits may be able to live my life forever.
It takes courage to invest, but also to think about the consequences.
Because we still have daily life. Can't take it all to gamble.
But investing in all assets and reaping profits may be able to live my life forever.
It takes courage to invest, but also to think about the consequences.
Because we still have daily life. Can't take it all to gamble.
August 20, 2021, 09:38:29 PM
With all due respect to those who encourage others to do risky things for the sake of Bitcoin, I think I don't agree. The likes of Michael Saylor, for example, would even nudge others to sell their house or take a loan for Bitcoin. I don't share such confidence.
Having said this, I don't think we should invest the way this family does. I'm personally against going all-in in whatever investment. I'm in favor of investing only what you can afford to lose and that your investment should be diversified. This is a world of uncertainty. Everything's possible.
Having said this, I don't think we should invest the way this family does. I'm personally against going all-in in whatever investment. I'm in favor of investing only what you can afford to lose and that your investment should be diversified. This is a world of uncertainty. Everything's possible.
August 20, 2021, 09:20:35 PM
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.
This is a case of one putting all their eggs in one basket, though may seem beneficial, but is relatively dangerous and unadvisable because you may loose everything at a go. What some smart investors will tell you is to diversify, that is spread your money into different good investments which is better.
August 20, 2021, 07:31:41 PM
Always keep in mind that investing means that we are willing to have additional money from the profits, save our free money, and also be ready with the investment itself if someday it will lose forever. 'that si why I personally will never put all my assets into Bitcoin. Although I love Bitcoin and I know the worth of Bitcoin, and I also know how we can get very big profits from Bitcoin, it doesn't mean to put that high risk to put all assets into Bitcoin. Because I really cannot afford if those will lose someday.
However, it may be different from that family thought. They may have been ready with all risks. And they re sure enough with the investment. WIth that kind of investment, I am pretty sure that they have taken the profits but are still ongoing for further investment.
Money management is very important here, and I am sure that the family also has done the money and risk management, not only taking that high risk.
However, it may be different from that family thought. They may have been ready with all risks. And they re sure enough with the investment. WIth that kind of investment, I am pretty sure that they have taken the profits but are still ongoing for further investment.
Money management is very important here, and I am sure that the family also has done the money and risk management, not only taking that high risk.
August 20, 2021, 06:37:00 PM
Maybe share a link to this report, if still available? That story seems too crazy to be true, might be fake. Although, people do crazy stuff in chase of money.
What can I say, that’s a very risky move and I wouldn’t suggest anyone do the same. Yes, Bitcoin has great potentials day it is a wise investment, but to sell all assets? Just from the probability point of view, that’s irrational. Anything can happen, and in such a case, you’d lose everything. Invest a part, a half, heck, invest 75% of what you own, but leave at least something as a reserve.
What can I say, that’s a very risky move and I wouldn’t suggest anyone do the same. Yes, Bitcoin has great potentials day it is a wise investment, but to sell all assets? Just from the probability point of view, that’s irrational. Anything can happen, and in such a case, you’d lose everything. Invest a part, a half, heck, invest 75% of what you own, but leave at least something as a reserve.
August 20, 2021, 06:24:46 PM
I thought investing in Bitcoin slowly was the ideal before, but I'm changing my opinion because to invest only small amounts in Bitcoin was a big mistake! I should have sold everything I had and put all my money in Bitcoin that I wouldn't regret later. I just did the opposite and now I regret a lot for that. Sometimes not risking money is worse than risking it.
But it's not totally over yet. I believe Bitcoin is going to hit at least 100,000$ by next year, so it can be still a life changer. If I was adopting crypto currency right now I wouldn't mind in investing all my funds in Bitcoin. That is a calculated risk considering how many people are focused on it, especially the wealthiest men in the world. There is something really special in Bitcoin, otherwise these people wouldn't give any importance at all.
But it's not totally over yet. I believe Bitcoin is going to hit at least 100,000$ by next year, so it can be still a life changer. If I was adopting crypto currency right now I wouldn't mind in investing all my funds in Bitcoin. That is a calculated risk considering how many people are focused on it, especially the wealthiest men in the world. There is something really special in Bitcoin, otherwise these people wouldn't give any importance at all.
For people who dare to take risks, they really regret not selling all their assets to buy Bitcoin. Because Bitcoin always goes up in price, so we can imagine
when we sold everything to buy Bitcoin in the previous year, maybe today is already rich. As I said, this applies to people who are willing to take risks.
For people who are cautious and always looking to be safe when investing in Bitcoin, investing slowly in Bitcoin is still the ideal thing to do. Indeed,
the profit generated is not too large, but minimizing risk is a very good thing to do. So back to each of us, what kind of investors do we want to be?
Jump to: