should i move my ''saving'' to Bitcoin?

[aso118]

if the value of your stocks have been falling, id say just convert them into bitcoin, the value of btc has been rising steadily for the last week or so, maybe the trend will ocntinue; better than stocks that keep deprecating.

OP shouldn't take a decision just based on last week's trend.
He should truly believe in Bitcoin before making the move.

[ajareselde]

Absolutely not,

If you play to speculation,you will lose money 99% sure
And bitcoin is not a place to play money, because it can go up or down really quickly

It's educated guess first of all, so it's plausable at the least, and i would really like to know what do u suggest instead, that is certain to make you profit ?
imho, bitcoin is the best way to do fast trades, and the long term deals, still didn't find anything like it worthy of giving a shot.

Also i would just love to see your explanation of comparing your two statements (the one above and the one below), where one hour you are saying it's 99% sure loss, and next hour you claim to have all of your investments in bitcoin. Split personality disorder or what ? 

I have my saving and investments on bitcoin  
I have made some purchases in fasttech and gearbest
I gamble in some websites
and I make some money transfers to other bitcoiners

I use it more than I thought

cheers

[Elwar]

If you ever use Amazon, converting to Bitcoin can give you an immediate 20+% profit on what you would have spent with fiat.

[Possum577]

should i just move those Money and buy BTC for them instead ?

Yes.

2011 = 1 USD
2012 = 10 USD
2013 = 100 USD
2014 = 330 USD
2015 = 250 USD... ?

What are you trying to show with the circles? Some of them are when BTC is oversold and some of them are when BTC is still overbought but after a decline. I don't understand your point. Thanks.

[traderbit]

buy and hold OP.
Buy and hold's the strategy that's made people like Warren Buffett among the richest in the world.

[masterzino]

sounds like this is somewhat 'play money' for you, so i dont think putting it all in bitcoin would be such a bad idea.

[visual111]

i would rather gamble with emerging "2.0" techs like NXT. much larger upside imo. i don't see BTC hitting ATH again. just not enough utility compared to newer cryptos with superior specs

[Gyfts]

I would. I see it being safer than a lot of other ways to invest, through stocks, for example. Bitcoin, gold, or some type of precious metals are all "safer" investments in my opinion. Since the price is arguably low, you should be able to get a decent return on investment if you hold out long enough.

[crazyivan]

Savings? Probably not. I see BTC investments as a nice hobby and I invest from my disposable income. I used to invest into cloud mining and alt trading but now I invest only in PoS coins, DMD Diamond s my favorite.
Not many assets can give you 50% annual interest rate.

[cryptojumper]

i have about 1200 Dollar in stocks(savings). should i just move those Money and buy BTC for them instead ? and Hodl for atleast 5 years ?

If you only have 1200$ I think you should not risk crypto with them. If you add one more zero to it it might be worthwhile to invest like 20-30% in crypto and then increase to 50% in the long run if you feel brave. Otherwise it's like gambling...

[cryptojumper]

Savings? Probably not. I see BTC investments as a nice hobby and I invest from my disposable income. I used to invest into cloud mining and alt trading but now I invest only in PoS coins, DMD Diamond s my favorite.
Not many assets can give you 50% annual interest rate.

Hyperstake gives more of your "annual interest rate" But the thing is that the percentage of PoS coin inflation does not translate into 50% roi by far.
Btw what other coins would you suggest to stake?

And OP, don't put your "savings" in alts, this would be insanely risky.. Only disposable income like good sir above me advised

[real789]

i have about 1200 Dollar in stocks(savings). should i just move those Money and buy BTC for them instead ? and Hodl for atleast 5 years ?

If you only have 1200$ I think you should not risk crypto with them. If you add one more zero to it it might be worthwhile to invest like 20-30% in crypto and moe to 50% in the long run if you feel brave. Otherwise it's like gambling...

don't do it you must not use all of your money to buy bitcoin , better you buy 1/3 from your money If price down you can buy again
and if price up you can sell it ( like a faster trader)

[iram66680]

Savings? Probably not. I see BTC investments as a nice hobby and I invest from my disposable income. I used to invest into cloud mining and alt trading but now I invest only in PoS coins, DMD Diamond s my favorite.
Not many assets can give you 50% annual interest rate.

Hyperstake gives more of your "annual interest rate" But the thing is that the percentage of PoS coin inflation does not translate into 50% roi by far.
Btw what other coins would you suggest to stake?

And OP, don't put your "savings" in alts, this would be insanely risky.. Only disposable income like good sir above me advised

POS mining requires coins to be in your wallet and it has to be online all day. Main problem of this is that major early adopters or exchanges will have an advantages. They are also more susceptible to 51% attacks as it is much less costly than POW attacks which requires tons of hardwares. But, if you insist, you have to invest tons of coins to earn a significant profit without factoring in the volatility.

[LiteCoinGuy]

i have about 1200 Dollar in stocks(savings). should i just move those Money and buy BTC for them instead ? and Hodl for atleast 5 years ?

you should learn more about BTC and make your own decision.

[dollarneed]

if i have 1200 dollars maybe i just invest 2 BTC for 10 years and 1 BTC for 5 years and the last i would invest in gold maybe or real estate,if i could

[pooya87]

@OP i am interested to know what you decided to do after all

if i have 1200 dollars maybe i just invest 2 BTC for 10 years and 1 BTC for 5 years and the last i would invest in gold maybe or real estate,if i could

investing 2BTC + 1BTC leaves you with ~$450 and you want to invest in gold and real estate with $450 ! that would be too low.

[thebenjamincode]

well i have tried that and i earn more money than putting it on stock market or in a savings bank

[randy8777]

due to the volatility i would only do like 10% or so. with a much more stable price maybe 25% but that's it. 25% at most is more than enough for each kind of investment. rest stays on savings account.

[Evil Steve]

due to the volatility i would only do like 10% or so. with a much more stable price maybe 25% but that's it. 25% at most is more than enough for each kind of investment. rest stays on savings account.

But that volatility is where you can make big profit. The price of bitcoin went up to $1000+ dollars ion late 2013 and there's no reason why it couldn't go there or possibly even higher again. I'd put more than 10% of my savings into it but that's just me.

[bryant.coleman]

The price of bitcoin went up to $1000+ dollars ion late 2013 and there's no reason why it couldn't go there or possibly even higher again.

I hate to say this, but the peak price of $1,200 per coin reached in 2013 December was purely due to price manipulation by the Mt Gox guys. That's why the Mt Gox - Btc-e price spread reached as much as $150 during that time. So unfortunately, we can't say that BTC will reach $1,200 again, by quoting the December 2013 prices.