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Author Topic: should i move my ''saving'' to Bitcoin?  (Read 7356 times)
hasmukhh
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June 22, 2015, 02:36:48 PM
 #81

the price of bitcoin is currently fluctuating at different levels .
people who have good knowledge on trading and analysis of indicators and predictions can have an effective income through short term bitcoin investment.
BTCevo
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June 22, 2015, 04:19:53 PM
 #82

the price of bitcoin is currently fluctuating at different levels .
people who have good knowledge on trading and analysis of indicators and predictions can have an effective income through short term bitcoin investment.

There are a lot of people that have a good knowledge and analyze on bitcoin price movement. And you can learn it too trough online, there are so much guide out there than can help you on bitcoin and in this forum you also can absorb good information too. You just need to search then you will get all the answers
ragi
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June 22, 2015, 05:25:22 PM
 #83

Put them all in.

no.
BillyBones
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June 22, 2015, 06:06:29 PM
 #84

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 ?
With 1200 Dollars will not do any harm if you move that savings to Bitcoin. Instead you will multiple it's value while you start doing transactions. Bitcoin has a real future, it is called digital gold, if you compare the fiat currency, which lacks insecurity but with digital currency you will have security and it's value will get multiple if you move it in right directions.
scarsbergholden
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June 22, 2015, 06:09:35 PM
 #85

due to the low price i have moved 20% of my savings to bitcoin just in case something great happens.

Argwai96
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June 22, 2015, 06:55:35 PM
 #86

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 ?
With 1200 Dollars will not do any harm if you move that savings to Bitcoin. Instead you will multiple it's value while you start doing transactions. Bitcoin has a real future, it is called digital gold, if you compare the fiat currency, which lacks insecurity but with digital currency you will have security and it's value will get multiple if you move it in right directions.

well 1200 is not bad, if you think about it it would and if history repeats it self 1200 now is about 4.8 btc so if bitcoin get back to 1,000 thats a nice return if you choose to sell at that point.
Sutters Mill
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June 22, 2015, 07:47:26 PM
 #87

due to the low price i have moved 20% of my savings to bitcoin just in case something great happens.

I think if you hold them long enough you'll see a very good return. I can't see no reason why we cant go back to the days of one coin being worth 1k. Just give it time.
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June 22, 2015, 08:21:21 PM
 #88

You shouldn't move all of it, that could be very risky. If you think that Bitcoin will appreciate in value, you should buy some, but keep some money in fiat, in case Bitcoin crashes.

well my savings are in ''Stocks, atleast i think it's what its called'' so they could go down Very very much, which they have done over the 10 years.


These are money i don't need actually, i have a job and all, so even if BTC would crash then it wouldn't be so big loss. but a loss never the less.

but do you really believe BTC Would crash ? i believe strongly that BTC will Thrive in the future


what do you think the usd will do ?? if u think it will crash within five years then you might get out of stocks.
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June 22, 2015, 08:35:13 PM
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neurotypical
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June 22, 2015, 10:18:43 PM
 #90

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 ?
With 1200 Dollars will not do any harm if you move that savings to Bitcoin. Instead you will multiple it's value while you start doing transactions. Bitcoin has a real future, it is called digital gold, if you compare the fiat currency, which lacks insecurity but with digital currency you will have security and it's value will get multiple if you move it in right directions.

well 1200 is not bad, if you think about it it would and if history repeats it self 1200 now is about 4.8 btc so if bitcoin get back to 1,000 thats a nice return if you choose to sell at that point.

It's a great idea, but OP is going to feel depressed a year later after selling. Once we get really close to the ATH again, then the consolidation is 100% confirmed and everything can happen after that. Sure, you can try to play the market, sell at 1,000 and expect for a psychological correction, then buy back, but you never know.
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June 22, 2015, 10:24:43 PM
 #91

That is a good question, I would like to think that the only way is up and that Bitcoin will be over the 1k mark in two years Smiley
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June 22, 2015, 11:06:19 PM
 #92

Never know!
However, put all your savings in this. BTC is one of those life opportunities
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June 23, 2015, 12:43:36 AM
 #93

Most people here believe in Bitcoin which will pay off big time eventually. Bitcoin currently is a great long-term investment
jones techbit
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June 23, 2015, 02:20:27 AM
 #94

If you want to invest in bitcoin, buy some and secure it in cold storage instead of hot wallets and stay calm and simply do not sell it below your purchase price.

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June 23, 2015, 02:22:14 AM
 #95

if you are going to do this just do so carefully

pumawolf
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June 23, 2015, 03:46:33 AM
 #96

its a no brainer , with 1200 and not needing the bread, u all in that shit. if it was 12k  no way all in.  worst case senerio  ur out 1200 boners. best case senerio  , hookers and blow all week.
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June 23, 2015, 03:52:05 AM
 #97

If I were you, I will invest part of it into Bitcoin. May I will buy one or two Bitcoin. If Bitcoin crashed (which wont be happening soon), I only lost 300-600 USD. If Bitcoin go back o it peak or higher.. I might be able to earn ~700 USD from this investment.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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June 23, 2015, 07:58:58 AM
 #98

aside from telling you that you should buy now bitcoin(maybe start with 10% only of your saving and increase it every month, just to be sure that we are in the uptrend and not any dead cat bounce or something)), because the price is tempting

i can't suggest you much else, snce my whole btc balance was acquired without using a single penny, but from altcoin and mining activity(low scale), principally
Herbert2020
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June 23, 2015, 10:35:59 AM
 #99

its a no brainer , with 1200 and not needing the bread, u all in that shit. if it was 12k  no way all in.  worst case senerio  ur out 1200 boners. best case senerio  , hookers and blow all week.
you have to stay on the market and keep an eye out for worst case scenarios . it is not like you should bury your coins in your backyard and leave them there for 100 years.
if you be careful and sell if things go south, you can minimize your losses

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 23, 2015, 11:16:39 AM
 #100

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 ?



well as i always ayd, dont put ll eggs in the same basket... but from my point of view, BTC is now nothing compare on what it will be in the next 5-10 years, so i would say yes, move that money and  buy BTC Smiley

IMHO #1.b of suspects, Hal Finney is/was S.N.
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