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Author Topic: Sell my stocks buy bitcoin...  (Read 13983 times)
varusisog
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May 14, 2017, 05:14:18 PM
 #281

Well I still have my stocks and I will not sell them up for bitcoin. Bitcoin is a good opportunity for me to diversify my portfolio. But I will not go to extreme to sell my stocks and get bitcoin. I will just have them both in my portfolio, so that I can mitigate risk if something went haywire. Just like others here has mentioned a countless times, don't put all your eggs in one basket.  Smiley

Yes, you should focus on your portfolio distribution. A small amount of Bitcoin can provide upside to your portfolio, without hurting it too much in case of a crash. It is a new, risky asset class and your allocation to Bitcoin should reflect that.

I have quite a few coins, however, the bitcoin is still 59% of the total portfolio.
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May 14, 2017, 07:58:35 PM
 #282

I think selling your stocks to buy Bitcoin is a good decision.  Currently there is another news about  Bitcoin acceptance.  This will definitely push the price up ( see what happen in Japan acceptance)  so selling your stocks to buy bitcoin will give you more profit than holding your stocks in a very long time.
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May 14, 2017, 09:44:26 PM
 #283

I think selling your stocks to buy Bitcoin is a good decision.  Currently there is another news about  Bitcoin acceptance.  This will definitely push the price up ( see what happen in Japan acceptance)  so selling your stocks to buy bitcoin will give you more profit than holding your stocks in a very long time.
Yes, I do see many of my friends are moving their funds out of their traditional investments juts for the reason of getting into bitcoins before it is getting too late. I too believe they must be doing right and I am also in plan to sell my real estate investments so that I can buy more bitcoins  Wink
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May 14, 2017, 11:09:21 PM
 #284

In my viewpoint, selling your stocks for buying bitcoin is a good decision. The thing here is Acceptance! If all countries accepted cryptocurrency, it can be a future for everyone. It may be a more currency and it's an asset for me. Buy more bitcoin, so you can earn as much as you can.
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May 15, 2017, 11:23:25 AM
 #285

In my viewpoint, selling your stocks for buying bitcoin is a good decision. The thing here is Acceptance! If all countries accepted cryptocurrency, it can be a future for everyone. It may be a more currency and it's an asset for me. Buy more bitcoin, so you can earn as much as you can.

Investing all money in bitcoins doesn't make any sense to me as it will be huge risk to put all your money in a single product so I will prefer to invest only a small part of my money in bitcoins and rest will invest in multiple products to divide the risk as I can expect some profits from either of any product in future.
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May 15, 2017, 04:41:54 PM
 #286

In my viewpoint, selling your stocks for buying bitcoin is a good decision. The thing here is Acceptance! If all countries accepted cryptocurrency, it can be a future for everyone. It may be a more currency and it's an asset for me. Buy more bitcoin, so you can earn as much as you can.
Investing all money in bitcoins doesn't make any sense to me as it will be huge risk to put all your money in a single product so I will prefer to invest only a small part of my money in bitcoins and rest will invest in multiple products to divide the risk as I can expect some profits from either of any product in future.
That does not makes sense to me either but if you are able to enter at a very good price then you are good to go to reap some benefits but entering everything now does not make any sense.As an investor investing in multiple places is a good thing to reduce the risks involved,it is a good opportunity we have in the crypto space to make some good money if you are able to play smart.

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May 15, 2017, 04:46:47 PM
 #287

Well I still have my stocks and I will not sell them up for bitcoin. Bitcoin is a good opportunity for me to diversify my portfolio. But I will not go to extreme to sell my stocks and get bitcoin. I will just have them both in my portfolio, so that I can mitigate risk if something went haywire. Just like others here has mentioned a countless times, don't put all your eggs in one basket.  Smiley

Diversification is key, no matter how much u believe in any one stock, in bitcoin or altcoin there is always the potential for failure. Your strategy will give you good returns for very little risk.
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May 15, 2017, 04:57:55 PM
 #288

Well I still have my stocks and I will not sell them up for bitcoin. Bitcoin is a good opportunity for me to diversify my portfolio. But I will not go to extreme to sell my stocks and get bitcoin. I will just have them both in my portfolio, so that I can mitigate risk if something went haywire. Just like others here has mentioned a countless times, don't put all your eggs in one basket.  Smiley

Diversification is key, no matter how much u believe in any one stock, in bitcoin or altcoin there is always the potential for failure. Your strategy will give you good returns for very little risk.

Yeah if you want to make good and safe profits then its better to take an calculative risk of investing money at different places to minimize risk in future and its never smart to invest all your money only in bitcoins.


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May 15, 2017, 05:28:27 PM
 #289

In my viewpoint, selling your stocks for buying bitcoin is a good decision. The thing here is Acceptance! If all countries accepted cryptocurrency, it can be a future for everyone. It may be a more currency and it's an asset for me. Buy more bitcoin, so you can earn as much as you can.

With stocks as high as they are right now, selling them is probably a wise decision. So if you sell the stocks, the question is where to put that money. We could see an influx of investment in bitcoin and gold but hard to say.

 
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May 15, 2017, 06:10:53 PM
 #290

If you want to get rich in future then sell everything and take a risk of investing all the money in bitcoins as I am sure that bitcoins will not disappoint you if you manage to hold your coins till the right time comes to make huge profits from it.
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May 16, 2017, 01:57:33 PM
 #291

That's a good move to sell stocks and invest into bitcoin. No stock could have such a growth as that happened with bitcoin. In a years time a $1000+ growth is something dreamy with stocks. The reality that happened with bitcoin gain more and more users focus towards bitcoin leaving stocks.

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May 16, 2017, 04:12:07 PM
 #292

Well i would say it would be a very bold and a good decision to sell your stocks and buy your bitcoins.i would say that bitcoin has a lot of potential and it would definately never betray as the price of bitcoins would even rise upto 3000$ by the end of this year.
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May 16, 2017, 04:23:42 PM
 #293

Well i would say it would be a very bold and a good decision to sell your stocks and buy your bitcoins.i would say that bitcoin has a lot of potential and it would definately never betray as the price of bitcoins would even rise upto 3000$ by the end of this year.

Main point is that if you have enough capital, there is no need to sell one for the other. You can perfectly fine hold certain stocks and Bitcoin at the same time. People make it unnecessarily difficult by forcing themselves to choose for one of the two. At this point I don't hold any stocks, but if I see an opportunity there, I won't let it go. I prefer to have a wide field of opportunities instead of just limiting myself.
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May 16, 2017, 04:27:04 PM
 #294

Well I still have my stocks and I will not sell them up for bitcoin. Bitcoin is a good opportunity for me to diversify my portfolio. But I will not go to extreme to sell my stocks and get bitcoin. I will just have them both in my portfolio, so that I can mitigate risk if something went haywire. Just like others here has mentioned a countless times, don't put all your eggs in one basket.  Smiley

Diversification is key, no matter how much u believe in any one stock, in bitcoin or altcoin there is always the potential for failure. Your strategy will give you good returns for very little risk.

This is good advise, anything other than a well balanced portfolio will be a gamble. I however do believe in bitcoin so I think the gamble as such is one where the chances are on my side. I understand I could lose a lot or even everything but I will take that chance in order to earn enough to improve my life.
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May 18, 2017, 05:41:12 AM
 #295

My philosophy is I must be able to possess it (paper wallet Bitcoin, ETH, or VERI count as holding) so digital stocks that a bank or brokerage "hold" are no longer an option for me ... I invest in silver and crypto ... no 3rd party ... when fiat/debt currency fails, you will not be able to get to stocks because they are selling the same stock certificate electronically to multiple people  Smiley
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May 18, 2017, 08:46:48 AM
 #296

Well I still have my stocks and I will not sell them up for bitcoin. Bitcoin is a good opportunity for me to diversify my portfolio. But I will not go to extreme to sell my stocks and get bitcoin. I will just have them both in my portfolio, so that I can mitigate risk if something went haywire. Just like others here has mentioned a countless times, don't put all your eggs in one basket.  Smiley

Diversification is key, no matter how much u believe in any one stock, in bitcoin or altcoin there is always the potential for failure. Your strategy will give you good returns for very little risk.

This is good advise, anything other than a well balanced portfolio will be a gamble. I however do believe in bitcoin so I think the gamble as such is one where the chances are on my side. I understand I could lose a lot or even everything but I will take that chance in order to earn enough to improve my life.

I think as well that bitcoin is an opportunity. But i am not sure if it really takes its chance.
After all there are many things that still can go wrong with bitcoin. I would say more than what could go wrong with my stocks.
that's why I have a small investment in Bitcoin, but the majority is in my stck account.

  It's me!!!
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