Bitcoin Forum

Hey guys
can you give me some advice?

i was planning to put all my savings and salary to Bitcoin
i want to invest it all

but i will do my best to keep my wallet secure by always withdrawing it from BTC exchange and put it on my offline wallet

so do you think BTC has a future or will it soon collapse?
can you also please tell how is bitcoin going into your country?

Hmm.. Dont go all in. I think you are just joking. No one ever buy Bitcoin with all their money. The best I ever seen is a man selling his house. Whereas.. there house is not his. He got it from somebody for free - not too sure. If you invested all your money into Bitcoin there will only be two outcome:

1. Millionaire
2. Lost all

If you are serious with your topic, I hope you don't have any children or others than rely on you for financial support.

If you are just joking, this isn't the proper forum.   :-\

what about going 50% bitcoin and 50% another stock if you really want to invest them all

i think btc will grow in the future, all the recent news are leading there, and no sign of a big dump recently, just random panic guy that dump small stash from time to time, it should hold 220-250 easily

in my country it is no regulated yet, and the magic about mining it is bringing new comers, i think it's doing well enough

well im serious
i just earn .9 BTC a month and i would like to increase my earnings
that's why i would like to know if bitcoin is a good investment

Hmm, this is a disaster waiting to happen.
First, you should never ask for advice regarding your savings on the internet.
If you don't know how to handle your money, maybe you shouldn't in the first place.
Let your mom or dad handle it.

Sorry if I sound a bit cruel but, I am being honest.

you think that is smart idea to invest all fiat you had to one "product"? forget about BTC or something, just imagine that you want to bet everything to one horse..

if you really want to invest, please invest only amount, which will not ruin your life and minimally impact your lifestyle..

Risking everything is a stupid idea. Put some of it. Make small profits and the use the profit to make more investments. Build up slowly otherwise you will be Goxed... :P

Dont do this is my suggestion for you. Bitcoin is volatile and the value will always goes lower day by day. It is not guaranted yet about the future of bitcoin. You might be homeless because of your action if one day bitcoin value drops to almost zero. Risking everything is a bad thing to do

As for bitcoin in my country, I would say just 10 % of the population knows what bitcoin is or like 20 % has heard of it but show no interest on it

And you are stupid enough to ask others for advice?

Those who have a lot invested in bitcoin and want the price to go up will tell you it's a good investment.

Those who have just sold and are waiting for the price to drop will tell you it's not a good investment.

A fool and his coins are soon parted - like I posted earlier, I hope you don't have any children.   :-\

Thank you everyone for your advice, i now know what to do and i would like to thank everyone alot :D