Bitcoin Forum

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility?  I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

I do not think nor did I read such a piece of advice in this forum. It would be nice if you can share the link to that post.

The money that you should invest in Bitcoin or any other cryptocurrency is the money that you can spare to lose. Any kind of investment is risky, so always invest when you know what you are investing for.

From the day I joined this forum till today this is what I have always read in this forum and have advised to others.

Go to this link and see the reply number 232.
https://bitcointalk.org/index.php?action=profile;u=811719;sa=showPosts;start=220

Not pointing out persons but when senior member suggests this what would you expect from others.

Ok so I took a look at the person's reply, and this is probably the quote by jossiel that you're questioning: "Buy bitcoin using the salary you will earn from your day job."

To be fair, based on that reply (https://bitcointalk.org/index.php?topic=5187086.msg52541572#msg52541572) alone(not sure about jossiel's other posts), jossiel didn't necessarily mean that the OP should put all his/her money on bitcoin; just that OP should buy bitcoin using the OP's salary. Which I'd say is completely fine, depending on the OP's finances.

But I agree with your main post. People shouldn't go all in on bitcoin, and always take risks into account when investing in anything. Also knowing that bitcoin can drop down tomorrow to 3 digits so it really isn't wise to go all in.

That only shows that they trust bitcoin so much that they vouch for it, bitcoin for me is a very worthy investment but the price is very unpredictable which made it a risky investment as well. Some people may invest their life saving to bitcoin that is the only thing that they think can help them. However, I don’t think bitcoin investors would normally advise newbies to do all in because they know how risky is and even in this forum you see a lot of people telling fellow members the advantages and disadvantages of bitcoin but they never said to invest all you money to bitcoin.

Yes. May be i took it in that way. But someone can also take it in that way.

As a whole a discouragement of this behaviour is needed.

This guy is right,
As I understand, he didn't mean to suggest to OP or to anyone who will read his post to buy or put all their salary to bitcoin. There is no specification but just a pure suggestion of how good is bitcoin as an investment.

That is actually the main point here, investing in bitcoin should be an investment that you can risk to lose. Investment is very risky which you should have an extra savings to cover your expenses once your investment was on hold or not in good condition.

I heard about that exciting story of Didi who sold even his house so that he can buy all the Bitcoin he can. The timing was so right for him and I am sure he got all the riches that he dreamed of. What he did is gambling because we know that Bitcoin can be so volatile and though we are hoping the best we should also be prepared for the worst. Based on common sense, putting one's eggs in just one basket can be a formula for disaster in case something wrong can happen but if things turned to be right then an avalanche of blessings can occur. This must be the mindset of a gambler which we are always discouraging. Of course, since it is not our money anyway we can only caution anyone but ultimately this is the decision of the person owning the money whatever path he would like to pursue. And if you ask me, between gambling in an online casino or Bitcoin I would surely go with the latter. 

I think the decision still depends on you. Whatever posts you read its their opinions. The decision to invest and how much you'll invest is in you. Investing in bitcoin is not compulsory. Its just an opportunity for you to diversify your investments. For me, its still best to invest in bitcoin for the amount that I can make. Not necessarily to invest everything I have. Of course, there are restrictions and risks to do it. Restrictions specially whe  the budget is not that much. You just have to balance your investments and emergency fund for daily needs.

Lol of course investors should know the risk investing. Why would you invest all your money if you know that there is no guaranteed that your money will grow  thats suicide idea. Yoi can invest in bitcoin 5 -10 % of your money but dont use it all.

That's right, there is no investor that will invest all of their money with no guaranteed return of when and how long will it take. Investors should think of the possibilities they might face after they invest and its circumstances. Investment should be done by realizing and analyzing your investment, using a small percentage of your money as you said is a good idea to minimize losses and to at least control yourself and avoid investing too much.

It's a very bad choice if you invest "ALL" your money that comes from your source of income like job salary. If you want to invest you need to learn the full mechanics of the industry you partake with. At least start with a few investment then adjust it depending on the current status and look for foreseeable outcome in the future.

Everyone won't risk investing completely on bitcoin and cryptocurrencies. This is a common saying don't put every egg on a single basket, not only with cryptocurrency it suits every form of investment. There are people who have risked investing everything on bitcoin and made their living better. It happened because they had patience. With cryptocurrency patience is a must to profit. Though we aren't sure about the profit, till date none has experienced loss investing into bitcoin. Only the lack of patience and the mistakes have made them experience loss.

Not really a bad choice, but it is an idiotic decision to invest all of your money, but also amazing in the same way. You see for an individual to invest all of his reserved money without thinking about the risk and the outcome of it. But I am not saying that become an amazing person and invest all of your money, but to be smarter and think everything first before investing.

I never advise people to put all their assets in bitcoin or other cryptocurrency. if someone asks me, I always explain the risks and benefits of bitcoin. so they can choose. I suggest buying bitcoin but with free money, or accordingly they dare to lose. it's true, bitcoin is currently controversial, and it's not yet clear about its uses, and regulations. Bitcoin is still vulnerable. high risk, high profit.

That's not recommended especially now that we experienced an all-time high followed by a big dip and those people who bought in the all-time high, sold their coins at a lost, people should think scenario that it could happen again.

Best to proceed is to read a lot and listen to all sides not only the shillers and the FUDSTERs, there are some truth on what they say and some are not.

Buying btc or Altcoin depends on you.I think who have good knowledge about crypto they can't ignore BTC.
you can invest in your money in BTC,ETH,BNB,LTC ,If you don't want to invest all of your money one place.
Actually I don't think about the price too much.No matter what price is it..I am trying to buy btc for future.

not only with bitcoin, I think all investments have their own risks and I certainly never recommend someone to invest with bitcoin because we know there are only a few investors who have a lot of successful experiences with bitcoin investments because they already know a lot about bitcoin, and for me definitely not going to invest with bitcoin from all the income from hard work because if we suffer losses this will definitely drive us crazy.

People are interested in investing in bitcoin or altcoin because they hope to get a lot of benefits. Craving a lot of profit through investing is not wrong, but an investor must have a portfolio before they really want to invest large amounts. Bitcoin investments allow people to get bigger profits, but putting all the money here will only make us bet with high market volatility. Not many people do it now, because people already understand this investment.

Agree with your point. I don't know much about Didi Taihuttu but the thing to be considered here is that he did not sell all his coins when the market dumped to $100 from $1000. So determination and belief should be must when you are investing in a particular asset.

as in every aspect of your day to day life - use your brain
investing in bitcoin is similar to investing in any asset , only bitcoin is way more volatile and this could mean either big profit
or a substantial loss if you enter the market at the wrong time or decide to sell on the low
people tend to hear that buying bitcoin is "trendy" and they hear stories like OP posted about a guy who sold everything and his dog to buy bitcoins and became rich
then , without doing any research , they succumb to the almighty FOMO and buy something they have a very vague idea about
after a while , the price drops and shows no sign of recovery , they get discouraged and sad and sell low and now bitcoin is a pyramid and a scam to them
do not be one of those, use your brains and common sense , do research and buy bitcoin with the money you can afford to invest or spend

People has been interested in investing not because there's a lot of benefits but with the fact that they wanted to earn quick profit in just short period of time, because of the hype that has been made during the last bull run. Still, people has a freedom to choose if they prefer investing without proper investigation then it will be up to them, we all know that there is a consequence in our every actions, if we let ourselves just doing hype then let's also bare the negative impact.

It is true that we shouldn't put all of our eggs in one basket because there's a chance for it to lose it all in instant. It is true indeed that the future of cryptocurrency is vague yet risky, however, if you don't take any risk there will be no change will happen.
Giving such advice is not bad I'd say even take some random thoughts by others because this could serve only as a guide, besides its up to yourself if you will take the opinion or not. I haven't seen anything wrong about folks that are likely to share their opinion and experiences because this could be an inspiration for others to build up their own story.

both are true, I am also interested because I want to get a lot of profits in a fast time, and as long this time when I trade, it is quite bad, because I put it in one basket.
fluctuations from cryptocurrency if we are smart to use it, we can actually get big profits, but on the contrary, if you can't can it, it could backfire a big defeat.

In the past years, I do cryptocurrency posting in forums like this and earn a good amount of money and today I just go back here in the forum to post. Until today I don't sell my bitcoin, to be honest, I totally forget the bitcoin that I earn luckily the bitcoin market price today was so pump even I don't have a good investment it still has a good profit for years. I think even until now we can already see the fact that bitcoin is becoming better and better in many ways not just in market price and also the community is getting bigger,also the bitcoin is becoming more popular in a lot of countries that surely affects the popularity of bitcoin making it a good currency and also a good assets.

Putting all your money in a single thing is the most stupid thing to do. As an investor, if you are investing in crypto, invest also in stocks. Real estate investment could also be a good investment for some parts of world. Even when investing on crypto, you should diversify your investment on at least 5 different coins and hold most of them in the wallet you hold the key of.

what about limited capital? I usually only put it in one basket because of limited capital. but as much as possible I chose the good investment.

Investing in Bitcoin is like any other investment.  You just need to understand the principles of investment and the crypto market before you can be very successful investing in Bitcoin and you also don't need to listening to all kinda advice people give about investing in Bitcoin. Knowledge and understanding are the key elements to become very successful with Bitcoin investment.

You’re still good mate and diversification doesn’t works to everyone. If you have limited capital then you must put it on the best investment, you’re doing good and in the future if you have more funds to invest make sure to start diversification. Putting on one basket is too risky, but there’s an exemption for that and we must not over diversified to gain more profit.   

I think bitcoin as of today because the price of the bitcoin was so volatile it is still one of the best investments in cryptocurrency. I just opened my bitcoin in the past week and i still have a few bitcoins that profit I buy bitcoin last year and even it is not a very high volume it still profit I think surely in long term investment bitcoin was a good investment no other than i think the bitcoin market price surely pumps in the market as the community of cryptocurrency is getting bigger meaning a lot of people is investing also in the bitcoin market making the supply to go down and increase also increases its demand in the market because of a lot of users in the community also as it is used in a lot of transaction and as a payment option a lot of people starting to recognized it also.

Almost every one thinks and  expect to get large amounts of profit in Bitcoin investment. If we get profit in bitcoin investments good news and all will crave for investment. But it is not good because i personally experienced loss in bitcoin investment.

So guys i  personally suggest that before investing any large amount in crypto currency you have done some research about what is safest way and when you have to invest.

There are two aspects of this thing. He would have looked like an idiot if bitcoin would have been somewhere less than $1000 as he would have felt himself as broke. Thing is even if someone takes an entry at $10k and price reaches 20k you are one of those people who have got profit out of the market and you are a guru.
Coming to the second part you should never invest in something which you can't afford to lose. Especially in such a volatile investment. We all say don't put all your eggs in one basket. But I would say don't keep all your eggs jn any any basket. Only keep 60-70% eggs at once and hold the rest in liquidable securities with zero risk.

This is a form of greed that can not be controlled and ambitious just to get big profits without thinking about the risks to be faced, it is a very rash decision and must be mentally strong because the risk that will be faced between getting a big loss or big profit.
to act like that must have a high level of expertise and be prepared to face losses.

I do not teach my friends in crypto to invest all their hard-earned money and property just to make a big profit, this is called gambling for me. Because the only people who do this are people who addicted in gambling and enter into risky gambling with only luck and no strategy and knowledge to win.

Indeed, it actually depends on the person itself because investing is not easy as you think it is. Just like any other things, it also require some of your effort and time. You can't also expect to earn profit without even experiencing losing some money, there will a time that you will experience what other people had faced before and it will help you to build  your wiser self. It depends on you if you are going to take your mistakes as a lesson so you won't end up experiencing it all over again and feel remorse after that incident. As long as you have enough understanding about the possible things that may happen and you don't disregards the opinions and thoughts of other people then I think you are capable on handling problems very well because you know that sometimes their opinion can open your mind for new learning and make you realize the things that you need to do. 

Now the complete market is dull and I don't know whom you find that people have interest over the cryptocurrencies now. There are very few people in the market and they doesn't show the interest and investment on ICO.

Then rarely good projects coming as well as market booming also not falling now.

You already said it all -- you should not invest all your money in one basket or if it breaks all the eggs you have in that basket is going to break. Investing in Bitcoin is not a must, there are other businesses that are far much better than investing in bitcoin.

Yes, there are people who invest in Bitcoin and it works out for them and there are still people that will invest and end up losers, yes I have seen a lot of them, although you never get to hear their story, because all you hear is the story of those few that luckily made millions of dollars from bitcoin. You don't hear those that lost everything, including those that lost during the bull run. So, before you invest in any business you should first of all know whether it's going to work out for you, take time out and learn about it. Don't do things just because others are doing it, it might not work for you.

The market looks quite crappy without much of leveled growth. From my knowledge this is the time the traders with huge funds get Good earning through the difference between the buying and selling. There will be good differences achieved between the buying and selling within days. All thing necessary is the patience to hold and sell at the right instance without expecting much big profit out of the trade.

If people want something where they can invest money, bitcoin is a good option. However, since it's volatile and here in crypto, it's always a risk, it's really better to invest some on crypto, bitcoin or altcoins, and remain something for fiat. I think that's the smartest way, separating your asset so if you lose the other, you still have the other. But actually, they can invest everything on bitcoin if they want to, it's a big risk but if it gains, it's a huge amount. It depends on a person afterall.

Bitcoin is a really profitable investment but the risks is also very high. There is no guarantee that in every investment in bitcoin, profits is automatically gained. No it's not that easy especially that there is high volatility that makes the price changes from time to time. So it would be more practical if we divide our investments into fiat and crypto.

Thanks for explaining that part of mine. Yes, I didn't literally mean about using your 100% of salary to buy bitcoin, I guess I should've said that 'a part' of your salary to invest with bitcoin so that it won't be taken literally by others.

Next time when I give advise to new investors, I'll be more precise and I agree with your points OP.

I really agree what you say, even I always remember saying  "Do not put your eggs in one basket ". So I am in a crypto investment I always buy some altcoins besides bitcoins like ETH, LTC, Dash, XLM and XRP. Because the movement of price increases is not always the same.

Actually, I think this is fine - if you have investments in real estate, bonds, stocks and have a stable job, it's pretty okay to just throw all your money at crypto, since you already have other investments or baskets per say.

Only the outrageous and incredibly stupidly lucky stuff gets published, no one is going to care about someone planning out their money and keeping a BTC fund, they want to know about that person who sold everything and then made 20x in 6 months, that's what gets these articles clicks.

Great advice.

You only take advantage of bitcoin site like how much increase your earning after investing with bitcoin, why not looking for site of disadvantage by investing with bitcoin or altcoin, how many investors have lost their assets after investing with bitcoin. You have ready check with benefit by investing and weakness by investing with bitcoin and altcoin.

Going to invest in Bitcoin is a good idea but what they mean is don't put all of your active income to buy Bitcoin ONLY.

If you have other investments like stocks, bonds, mutual funds etc. then its fine for you to buy Bitcoin but don't put all of your income into it because there are no certainties in the current crypto market right now. We don't really know what can happen to Bitcoin in the future. It may rise to $100,000 per Bitcoin or it can go below $3,000. Diversifying your funds is a good idea but don't diversify too much especially if you have a low monthly salary.

This is his/her personal opinion on what to do,  but it doesn't necessarily mean it is a kind of written fact people must follow, it is always advised that people shouldn't invest more than they can't afford,
No matter what anyone read from the internet or here in forum does not necessarily mean they should act on it, anyone who did that have themselves to blame,
Do your own research as well before investing.

This is very shitty advice that no one should leave his or her job due to join in this platform, This is a very wrong decision, I never suggest anyone do so, for me, Cryptocurrency is the secondary source of income, so Always suggest people follow this platform but not leave all the other things, I know Bitcoin investment is the most precious decision for the future purpose but it's not a good idea to leave a job or business, I also agree with you on this point that "don't put all your eggs in one", That's a very important true regarding this platform, Cryptocurrency is still trying to get established so we don't have to depend on this platform fully.

That saying is not always applicable on every investment. Some investors do have only 1 crypto on his wallet and still manage to make enough profit. Diversifying investments is the other way to make your money less risky with the volatility of cryptocurrency.  However there are still individuals who lost their money even from diversifying investments.

I think, how much money one should invest in bitcoin or crypto should be correlated with how much knowledge one has about about the technology and a understanding of the volatility of this new asset class. to the average guy, it would seem extremely risky to invest and yes that is true when looking at from a short term perspective. However, in my opinion it's not as risky as most believe, especially if you have a long term mindset and you do not plan on selling for the next 5-10 years.

Before investing in bitcoin or other cryptocurrencies, determine your true purpose. Then learn about that market, consider fluctuations in price, potential and risk.

When it comes to this, understanding is indispensable, but sometimes luck will help you succeed. ;)

All cryptocurrencies have different volatility, each with a different value, which everyone knows. But who can wisely invest in places with high potential and low risk. Don't give up too soon, try to find out, and invest. You will succeed!

If you fully believe and trust the project or you have some insider inside the project for sure that principle will not work such situations.

Investors loves to explore and most of them are using different strategy to maximize profits around this field of investment,
you need to continue working with your knowledge and keep enhancing your skills.

Indeed, risk diversification, that is, the allocation of funds to different assets, is the most important rule of successful investment. Who neglects it can at one point lose all the money or almost all, if the asset in which he invested will start any problems. Risk diversification should always be observed.

Then that will be his mistake to use all of the money he gets from his work in crypto because we are not yet use crypto in our daily life. So we need to divide which money will be used for the investment, and which money will be used for our daily life. You will not make a profit if you decide to use all the money to invest and that will not be recommended for every people to do.

Besides that, before you invest your money in any investment type, you should learn the basics thing that you need to know so you can think about how much money you will use. If someone uses all of his money to invest in bitcoin and he can accept the risk that he might loses, then he can continue to invest, but he doesn't need to blame anyone if finally, he gets losses.

It is a general rule of thumb that you must not put all you've got in one specific investment. Distribution of funds is one key rule in investing your assets. Investing in cryptocurrency is risky in itself already, and going all-in is much more risky.

One strategy I use is, only invest part of your money that you're ready to lose. This strategy reduces emotional stress, and setting your mindset that what you're investing is something only extra to you.

I believe it is possible to profit by investing in Bitcoin. But it would not be right to take it as a profession or as a means of investment. Bitcoin should be invested in a capital which is lazy. Because investing in Bitcoin is possible through Bitcoin. The potential for loss is even greater.

At the moment I would compare bitcoin with an athlete which does not train in full power by not using his full potential of muscle power, lungs and so on. To my mind, nowadays bitcoin is in the stagnation. Why do I think so? The other day I ocassionally noticed an economic book layin on my sideboard I was interested and took it to read and I was so surprised. having read about stagnation because it reflected perfectly onto the situation with bitcoin. For sure some of you know economics but those who do not. I would recommed to read any economic book to figure out the situation with bitcoin better. Anyway I would recommend to invest into bitcoin but it need to be careful by paying attention on risks.

become a common problem when someone invests but does not understand standard of material to start a lesson worse without any lessons! so will not get the goal ,Investment risk is very common and becomes transparent that cannot be covered and there is only loss hey yeah that is risk but all of it can be managed in such a way with a basket filled various kinds of products ,so that it can be developed into profitable
this game with strategies and various tricks but if you are sure of bitcoin why sell when you already know this moment loss ,well dude it's better long term invest and continue to be adopted for your investment ecosystem

the main thing is enough knowledge to get started, if you don't have the knowledge every investment can be dangerous. and crypto has a high level of investment risk, so it's good to know the concept of investing in crypto before you start. because what's at stake is the funds you have

Before you will be able to understand this statement " Dont put all your eggs in one basket." , you should first understand the principles of investing. Every great and successful investors first understood the principles governing investment before they started investing. Knowledge and understanding are the core principles of every investment. Without knowledge, you can not understand how the thing you are investing in works and the risks associated with it. This apply to bitcoin investment. Without knowledge on the bitcoin market, you might lose your investment capital even if you split the capital into parts. Knowledge about the bitcoin market will help you as an investor to understand some basic aspect of bitcoin investment which will help you to avoid some unnecessary mistakes. 

Experts suggest that people should not invest more than 10 % of their saving on Crypto.

not true at all  . i dont believe on them but i believe more on the saying that invest only what you can afford to loose  .

every people have thier own capacity when it comes to investing and that would depend on how rich or poor they are  .  if your rich , you can afford 10 percent or more but if your poor you can only afford lower than that   .  btc investment is risky but btc is a better choice than other cryptos   .

10% is more than enough as investment saving from your monthly salary.  It doesn't matter as long as you have put something for the future after all this is crypto. What Didi did is risk but he was lucky to have  joined the community early and I don't think he put all his eggs in one basket. He must have invested some other coins not just BTC.

experience will determine your decision to add a number of bitcoin assets. I mean if bitcoin is already in mega bullish condition, then you can determine concrete steps, the most important thing is to understand the trend. the best at this time is the addition of small assets until everything seems clear, and be sure to tighten a lot of things related to securing assets, all can still be taken into account when you know it.

Don't put your eggs in one basket do not mean you have use your all money for investing with many altcoin, you can hold or invest with potential crypto for the future have higher price like bitcoin, don't worry although you put your money with bitcoin only because you can get much profit later, with many altcoin investing give big risk because altcoin is not exist any more.

Putting all your money into bitcoin I don't think is a bad idea, because it's about self-confidence and those who suggest it because they are sure about the future of bitcoin itself is able to adapt better. So when you are not sure about the future of crypto, don't try to bet to invest in bitcoin because anyway, crypto and blockchain technology have been widely accepted in the world which means crypto is able to adapt better and will continue to grow because the legality of crypto itself has increased more large.

As long as we can deal with the risk, we don't have a problem to invest in crypto. But yes, before we invest in crypto, we need to learn the basics of investing in crypto, so we don't panic if the price is down because, in crypto, the price is volatile. If you decide to invest in bitcoin, you should know that bitcoin will make a big profit in the future so if the price is down, you can buy more bitcoin and don't panic because the bitcoin price will be increased soon.  Maybe you need to wait for a long time to make a profit, but that is worth your time to wait.

It is stupidity to see such advice and also follow the advice when they are not kids because I believe that anyone that have started earning from a job is no longer a kid. When we talk about diversifying, diversifying does not mean that we should only make cryptocurrency the main focus of investment alone and it will not be wise to be taking all the savings that we are getting from our physical jobs or assets into bitcoin alone.

There is still many more investment other than bitcoin that we can put our money into. Bitcoin is a very good investment, but we also need to understand how volatile it is and we should be careful the way we pump our money into it. As regards investment for bitcoin, it is bets that we just only separate a little portion of our income every month to be saving into the bitcoin wallet and not everything that we get.

that's why I always explain that everyone wants to invest in bitcoin think again, because all of this is risky, so look for an advisor who is experienced in bitcoin so when investing really right at the right time and not at the wrong time

sometimes people come when bitcoin prices skyrocket and they sell all their assets to buy it is clearly wrong, because they invest at the wrong time, so make sure to always remind investment in bitcoin has risks so understand and learn to find the right time to buy , that is easy  ;)

investing in crypto is not the same as real estate which is always increasing every year, but with crypto even though the funds are small, you can invest and get the results in the crypto world.
bitcoin investments have risks so if you don't want to accept the risk please choose the investment you want.
nothing forces you to enter the market unless you realize an opportunity is here.

I had actually known about bitcoin investment for so long but I did not get to participate fully in it until it was $4000 when I saw how it was progressing, so luckily for me, I had about $20000 dollars for investment, then which me about 5 bitcoin, which I had even made up my mind then that I was not going to touch it until one bitcoin is equal to 20 us dollars which I never expected to be possible until maybe like in 5 years’ time, but to my greatest surprise, just few months to my investment was when bitcoin started rising drastically which we all called bull run and I removed my money around $15000 giving me a profit of 11k each and that is 55k USD profit in return for bitcoin but run.

Other profits that I have made is from the Altcoin you don’t want discussed and profits from trading which I cannot remember how much I have made now.

Even if he had made all his investment in bitcoin, I don’t think that it would have been a mistake, all the investment that we have in altcoins, tell me where all of them are not, they are nowhere to be found and all the investment are so low that we cannot even remove other than hoping that one day, altcoin season will start and we will be able to get those investment back which to me is just a waste of time.

Because normally, all these altcoins where never supposed to be established in the first place, and only bitcoin and some of these few top altcoins are meant to stand, so if it was me, I would have focused on having bitcoin alone as the major investment, and the only stupid thing I will not just do is to put all my monthly income in it at once.

Probably going all-in is bitcoin was not a good idea for someone not but in everyone sometimes you could get lucky like other people who invested in bitcoin.
And then after a long investment sell the bitcoin in almost 20k$ value but still just like what I say sometimes you could get lucky and sometimes not you could easily lose a big amount of money in bitcoin due to bitcoin market price volatility the market price today is going up and down so quickly so I could say it could still be a good investment for a lot of people and ether way just buy low and sell it in a higher value to avoid the risk of losing profit, stay loyal.

The term of 'don't put all your eggs in one basket is just a watchword, in fact it depends on your conviction to the something (on this case is bitcoin). You can ignore that term and believe to the conviction that you have, I think it is pair enough. Indeed, we don't know what will happen in the future, but at least we still have our own prediction which is mean we can make the prediction about the place and see its function in the future, moreover in the case of technology.

For an example, have you believe that the internet is something that will be needed by all human on this world when it was created? But I'll guess you won't believe it because at that time you will believe to the something real which can be felt as soon as possible. So, this what was thought by someone who spent all his money to bitcoin. I think for the first time he will see to the technology first before they know about bitcoin as a whole. After that, they will find about its function and made a supposition about it.

it is very good to invest in bitcoin but it will not be too good to invest all your source of income into bitcoin

Bitcoin is a good investment right now because i know many people are change there life because of bitcoin. And bitcoin are very good for investment to those have money i think put some in bitcoin then hold it for a long term investment. To those early bird that invest in bitcoin, now they are become millionaire because they hold there bitcoin for a long run.

did not think to do that.

I have been investing in Bitcoin since a few years ago, but I have my own method in investing long and short term.

Much can be done before laying eggs on one bed. To make a big profit, what's the rush in taking one action, a lot has to be learned and analyzed entering 2020, especially regarding Bitcoin.

I am not sure about that. Bitcoin can be replaced by another coin, technology or value. Since 2017 BTC does not do much progress as far as I see.

I didn't think that it is necessary to seek any opinion in investing in bitcoin when the adviser that you said too cannot tell exactly what is going to happen to bitcoin at a particular time, so the best is for the individual to learn by itself everything about cryptocurrency and understand that it is highly a volatile market that can rise and fall, at any time, and the best time to buy any of it is when the bitcoin value is down which is very simple to tell, Provided that anyone can actually spot the time that bitcoin has dip which I don't think that they need the advice of any expert to do so, they will be having a less risky investment and for now that bitcoin value is still very low, I don't think any investment that is being done right now will have any risk.

Hi,

I think bitcoin will growup by december, because your know holidays, and all will sell their lode) But according to this bitcoin analysis (https://www.xidigtanews.com/civil-war-bch-skyrockets-btc-price-drops) price will be lower and lower(

Bitcoin is an asset so you can hold it like you would with gold or spend it like you would with cash. Also, there are thousands of apps and websites which will accept Bitcoin either for playing games, gambling or shopping/travel. It would be smart to look up all the options you have with using your hard earned bitcoin.

Yes. An asset which is quite volatile. Looking it like other asset would be good and dont put all of your money is one thing. 

Losses will always be a part of crypto trading and investing. We are always advised to study things about crypto's advantages and disadvantages for us to know how to deal with the risk of its volatility. As long as we know how to handle our funds if we're not just listening to FOMO's but we believe in our guts, we will still be able to gain the best profit that we want.

Exactly this is why most has been said to know how big is the risks when investing in bitcoin. As the value is volatile, and when we invest we may lose and earn that’s the reality in this industry. But before anything, we should always understand how market works and it is true that we should not put all our money in one basket.

all investments have advantages and disadvantages. if in my opinion all investments are something we can do in the future or can be called the future. investing in bitcoin will have advantages and disadvantages. especially bitcoin investments because crypto currencies do not depend on any country. but most of what I have heard investing in bitcoin is very beneficial for everyone, but all of this to me is a brave challenge or not someone to invest is in his hands.

indeed sometimes many people who misstep just put all the money in one basket. it should be avoided and not necessarily in one basket. there are many types of altcoin coins that have the potential to have not only one in the form of bitcoin.
preventing losses will be better than already experiencing losses. think about it well

It's a very delicate venture investing in cryptocurrency. It's something one should be careful about and make a dedicated effort to research well before going into it. Most people just hear of successes made by others in crypto and because of that, they feel it’s an easy stuff and just dive into it.

One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Bitcoin Investment Hub is one of the legitimate bitcoin investment platforms in the world. I have invested 0.5 BTC on https://bitcoininvestmenthub.com/ and got back my return with profit within no time.

Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.

Bitcoin is one of the leading crypto in the market as it is one of the first crypto in the market. Investing in Bitcoin will give better returns on investment.

Investing to bitcoin gives you the chance to earned only if you dully knows what you are doing inside the market. It can be a good assets to hold for your trading business but also a good payment tools to enjoy paying online or transferring your money from different wallets. If you go and explore more you will be able to find many ways to enjoy, the profitability though is difficult when you are starting but after you learned different techniques the chance is more higher.

we really have to prepare a portfolio before investing, if we only invest in one coin it might be more complicated to see growth. so we have to have investment in some coins in order to be able to see coins that have more good price movements among other coins invested

That's why before we invest our money we should know the exact entry point where we can have profit and not losses. People think that they will earn money if they put money on the bitcoin but the thing is, they do not know when is the right time to invest their money and also to pull their money out.

Yep, having a solid understanding of personal finance management is a must before investing in any instrument, let alone a very risky one like Bitcoin. You should only invest a fraction of your disposable income.

Don't you consider development in Lightning, Segwit, etc great progress? I mean since now all those alts claiming "innovation" are still behind Bitcoin, in all aspects, by a large margin. I still have an optimistic view on Bitcoin future, especially with the next halving in sight.

We can read different advices and opinions here from different people but the decision still depends on you. They might say that you should invest your money on this coin or on this business but things will depend on how you handle your funds. You can do your own research and try things which will be more convenient for you. You only have to be wise in making decisions because not every advice that you hear is reliable.

the biggest decision is for him who is looking for references, so far many have given references about investments, especially bitcoin. if he wants to start the best thing does determine his own research, and existing references used as learning when conducting research the aim is to be more structured.

Market is really unstable and volatile, all professional bitcoin traders know that. No one is safe in trading so you should improve your analyzation and practice fundamentals in trading. Beginners are the one whose always a victim of fluctuation in the market graph.

Market is very flexible that no professional bitcoin analyst can predict the changes. You should start from improving your critical thinking skills and good decision making. These will help you to achieve successful transaction and earn your profit. Aim on your goals, don't let your emotions ruin your mental health because of wrong decisions.

He only bases the progress on the prices only. LOL. That’s what he meant by progress. I am more comfortable with the current price of Bitcoin now than way back 2017 which is highly unstable and very suspicious with all those new record highs for the price which had been broken very often that’s I’m not that surprised that it had dumped way too low. I prefer slow moving price since through time it would build up a good resistance so that the dump would not be too hard.

I heard a lot of news and I think that’s a progress to if we think about it.

All investments have their own risks. And as we know, investing in bitcoin is very risky, if not careful all we have capital will be used up.
So from that invest money that we can afford to lose, so if you experience loss of our capital will not run out all. Bitcoin investment will
also not make guarantees will last long, because it seems we are in investing should not put all your eggs in one basket. That means we
will be safer in investing. Because if it fails in one business, we still have our other business.

Its a difficult advice to anyone in this forum and the forum almost have an anthem to invest only what you can afford to lose. Invariably a high number of members had invest their fortune in bitcoin at their own risk, and they have made a big return. Whereas some members loss, its just a difficult advice, take all decision with wisdom here at you own risk

It's okay to ask for advice on what you will do to people or friends that you really can trust. because although it is true what you say that the risk will later be determined by yourself. in bitcoin investment, of course you have to be accustomed to understanding that there will be risks, it may be profitable or you can lose money. this risk we must realize first, so you can be more observant in analyzing bitcoin so it does not have to sink.

Invest the money that afford to lose is the best strategy that we can use but if we will invest our money we should not put in in one investment. We should spread it to 3 or 4 parts. My diversification of investment is into 3 parts where I allocate my capital to 3 different parts which is 33% in every investment. 

Or better still, invest from your profit/miscellaneous and not what you have in mind as capital/budget for something else. Some people think of using the money they have as budget for something to invest in crypto would yield them good return in short period which is wrong. There's always two sides.

Find a mentor where his/her lessons are suitable for your skills. Be aware that there ade fake gurus and teacher in the internet so be careful who would you trust. I have a good mentor where he taught me about risks management and also technical analysis. In bitcoin investment, you should not just put your money; you should have plan in order to have good results.

And basically no matter how strong you are in saying you will believe in bitcoin, if you have funds invested and you experience the drastic fall of the market price, you might end up panic selling your investment. So, the risk here is how you could have a good disposition on your decision and to stay firm holding your bitcoin right in the place where it was invested. Do not be affected by FUDs because people are good at manipulating the market through manipulating the people.

It still depends on the person asking for advice whether he or she will obey it, because we don't know what this person's experience is about why he or she said that.

We have different experiences to recommend to our friends but he still decides whether it is in his best interest or not. We will have different opinions and of course different advice as well.

Bitcoin investment differ from individual to individual. It is an investment that has given some people success stories, while others, unpleasant stories.
Like every other investments that involves risk, bitcoin investment also involves risk, which is why it is usually advised that you take a calculated risk on any investment and risk what you know would not affect you, when you incur losses.

This is just an advice and someone should not force you to obey what he said or what’s the advice. If you want to go all in then so be it, or it you want to do day trading its also fine. At the end of the day, the important things here is that, you can do it on your own and you know where to go despite of uncertainty.

We all know that BTCItcoin is really risky if you invest in Bitcoin or other altcoin be sure that money is not too important if you got profit you win if you lose you can hold it.

Normally,  it is not ideal to put "all your eggs in one basket". Didi Taihuttu behaviour was necessary for professionals who have an indept knowledge of the prospect of Bitcoin. He took the highest risk and it paid off for good.
But I will advance anyone to disease from such act at this period of high volatility of Bitcoin. Learn to spread your investment . There are offline investment that are still profitable,  and Alts too. Bitcoin is not the only lucrative market.Endeavour to take risks that you can manage the impact incase it turn sour.

If you say crypto the most reliable coin (for me) to invest with is bitcoin. Thus when someone decided to invest I often suggest to put a huge portion to btc more than alts. But it doesnt mean its a guarantee to have a money return for few days, months or years because we know how risky investing in crypto is. Its not advisable as well to invest your hard earned money came from your salary etc. invest what you can afford to lose because we dont know how the market will perform in the next days.

It can turns up and down hence we need a lot of patience to survive in this high volatile market.

Immediate diversification is indispensable today, because Fiat money is going through mostly inflation processes, negative interests, some banks are considering launching their Blockchain-based currency, the case of the digital dollar, the stablecoin China, some indices that speak In case there is a worldwide crash, all this resonates lately in the news, therefore, the diversification based on Bitcoin, gold, gold stocks is the most advisable to protect the money saved or money that does not want to lose its value.

In the case of some countries that have very high inflation, at the moment that they guard their money in Bitcoin, not only their value is protected but it increases even when the price of Bitcoin falls, it remains or rises, many people look for strong currency such as Dollar or Euro, but they are traditional economies based on current debt as the main premise, and taking refuge under a deflationary economy is the smartest thing we can do.

Without having a risk, you could not find any source of investment without risk, but day by day Bitcoin is becoming a very risky platform for both investment and trading, you have to face a lot of prices volatility because Bitcoin is suffering a lot of price ups and downs in recent time, but if anyone ponders about the future purpose then it might be a good source of profit because,  in the future, Bitcoin will bring to us a good opportunity and it will be one of the main monetary platforms. so for the long term investment, Bitcoin is one of the best for anyone.

Bitcoin as a crypto currency have actually affected many life for good, the volatility of bitcoin tends to create a lot  of fear in the mind of investors. The reason why many invest and the price of bitcoin keep fluctuating to the disadvantage of the investors, calls for a long Term investment with a capital that can serve for that purpose, not necessary your whole capital, for the short term investment have a double side to the coin. So investing in Bitcoin is a nice idea, but you have to invest wisely as well.This is because if you don't invest with what you have make up your mind to use, and tomorrow there is a boom in Bitcoin am sure you will not be happy with yourself. That is why many people's opinion is for you to invest wisely.

Never go all-in in any kind of investment. That means its not only in cryptos but to all things that you may want to pour your money in. Like you invest only in Gold, price of Gold is very unlikely to drop but to be sure buy something is that has value and may give you passive income. Like real estate that you can lease out on a daily, weekly, or monthly basis.

i'm pretty sure that before you wanna invest you need to make a strategy of your investing and definitely you shouldn't go all-in

Indeed there is no guarantee that Bitcoin has a good future as many have predicted, but this past decade is enough to prove that hope still exists and not to miss this good opportunity. There are safe ways so that we are not trapped in big losses: 1) understand the cryptocurrency ecosystem properly, 2) realistic, everything needs a process, 3) dwyor, don't be easily influenced, don't be greedy, 4) don't sacrifice certain assets that already belong to you with something that you don't believe in.
Also, make sure we all understand the risks when joining cryptocurrency, many things are unthinkable.

I invested at a time when Bitcoin was still new. When something is new and still growing there is a chance that you can make some profit from it at anytime in the future, because one thing for sure is that the market is going to grow.. But at this time it is not advisable for anyone to invest everything they have in Bitcoin because they can end up losing it at anytime.

We don't really know where Bitcoin is heading to this time around and whether it's going to fall back or continue to increase.. So, anyone that is investing right now has to be really careful and invest just a part of their money that they can risk in bitcoin. As someone that has a job you can be investing monthly from your salary I guess.

For this diversification reasons, people simply choose few altcoins when they enter cryptos. I always suggest about diversification as it will minimize the risks involved. Investments must be an integral part of preventing unexpected financial problems and risking within calculated risk levels is integral part of investments.

I don't remember how much I invested in BTC and the whole cryptocurrency itself but I'm sure that it was worth it.

I couldn't agree more. Slow but sustainable growth in price along with real development and growing adoption is definitely more preferable. Besides, I still need more time to accumulate these cheap bitcoins :D

I don't see how altcoin can be considered a good diversification strategy for Bitcoin because most of the time when Bitcoin drops, alts drop too. The best diversification I thnk is still going for Bitcoin, stocks, bond, and real estate.

Despite this last crypto and BTC dump, I still think investing into BTC is one of my best investments ever.

Do not forget 95% of the people who purchased BTC at any part apart from these people buying at $14k+ were able to exit in profits if they wanted.

Also, this is just the beginning, I plan to stay in crypto long, long time.  BTC will not stay at these levels for a long time, I strongly believe that.

 

That's right, bitcoin is indeed very volatile and very risky. For that, if you want to invest in crypto, either bitcoin or altcoin, you need a deep understanding, so we are not wrong in taking action. I do not recommend investing before someone really understands what investment is and what is crypto . So investing in crypto is not for trial, so if only just try it, the risk is loss.

Recession or growth? That's what everyone is waiting to hear. If the market holds at around 7500, it says that investing is safe now. But it's still a roller coaster. Bull run can be fast, which we have never dreamed of. The demand for bitcoin is growing every day.

What a fuss Bitcoin is doing in recent days! Tons of articles, reviews, and polls come out with only one purpose - to predict whether it will stop falling and jump to reach a new ceiling, or we will see new depths on BTC charts. Be smarter than flashy media. Buy bitcoin a little every day like me. I do not worry if the price is up, down or to the side. It adds up. And in the not-so-distant future, a “normal” person can accumulate a whole bitcoin in his entire life.

Simply dont invest because of the hype or others hearsay that crypto investment is a scheme wherein you can earn quick. Many people are wrong with that impression especially when bull run 2017 happened, they engage themselves not knowing the price can drop unexpectedly. So if you bought your coins that time you probably disappointed how the market moves from bullish to bearish trend. In the end every investment has risk and no assurance at all so before you invest your money take time gaining knowledge on how this particular investment works.

Simply put you can still have your money invested anywhere.
From real life betting / gambling or on the network. The way you use it is up to you and that might change how risky you are.

Only invest what u can afford to lose else you will bust and get without nothing.
And yes you can even invest in both real life situations and at cryptocurrencies.

Just for crypto go for multiple applications such as the best coins that have high volume trading during 24h.

investment is not good at finding treasure, you must put your treasure in some place to provoke the other treasure. its not easy job, sometime you will lose all your money in one time, and sometime you will get much profit. its like believe on something uncertainity, but you can see about that thing is good or have future or not

Not only knowledge, but we also need to be emotionally and financially prepared, as crypto is volatile, so we should figure out our purpose, if it is for short term or long term as we don't know and we can't predict the price of Bitcoin and other altcoins. So just invest when you are ready enough, don't just invest because you think today has a low price, whenever know the dip  of it.

Before you invest onto something like bitcoin, make sure that the money that you are going to invest is your spare or excess money so that if it loses, that is not that bad to your side since that money is only your extra. Always be mindful on the coin that you are going to invest to. Make sure that you have proper knowledge about this coin or project before you do it.

We all know that one of the biggest earning today is with the use of bitcoin and many people want to be included into the world of cryptocurrency or bitcoin because they know the potential of this coin that gives a lot of profit in the future market price. We all know that the history of the bitcoin before is just a single coin that has almost a thousand dollar for one bitcoin and now we are seeing that a single currency can give a huge market price to the people who hold this and this is an excellent opportunity to invest. However, still, we need to consider a lot of things because we need to prepared about inside of the crypto world and that is investment and trading those processes are the reason why many people are getting rich with the use of bitcoin. First is investment this process is putting all of your money and wait for the right time that the price of the bitcoin goes up the same with your money. Second is trading this time you need to predict the market price properly that can give you a huge amount with a correct prediction.

Indeed, some people looking at bitcoin investment so easily because they know someone who is becoming successful about it but they don't really know how it works and what should they do. Investment is not just you deposit money and support the particular project because in this sector scammers are everywhere, one single mistake can lead to losing your own money. I can say that if you are eager to earn and chose to invest because there are lots of ways to earn crypto, they should be informed in every way especially to the way of earning they choose so that they can reach their goal which is to earn money. Taking risks is one of a good attribute you need to achieve and also the courage to earn.

Warren Buffet himself is very hostile to the idea of Bitcoin and his ideas are obsolete by at least a few decades. He did made the advice of not investing the entire amount in one stock. But that advice was made regarding the stock market. There are tens of thousands of stocks out there, and you have a large variety and huge number of options to make your decision. But the same is not true with the cryptocurrency market. There are only a few cryptos which are not copycats. Diversifying your investment is a good strategy. But that doesn't mean investing in copycats and shitcoins.