did you put all your money into bitcoin?

[bhadz]

It is very risky if you are going to put all your money into bitcoin because the price is not really stable but there are disadvantage and as well as advantage if you are going to do that. The advantage would be, you are going to get good profit when price fluctuates higher and disadvantage when price falls, your money falls.

[chaser15]

It is very risky if you are going to put all your money into bitcoin because the price is not really stable but there are disadvantage and as well as advantage if you are going to do that. The advantage would be, you are going to get good profit when price fluctuates higher and disadvantage when price falls, your money falls.

For any investment, it's really bad to put all your eggs there. It's a must you still have some in your savings and financial backup.

A common business put big capital in as starting one but they never played to go all in to at least minimize the possible loss. But in here, they aren't thinking that their investment will fall and have only a sole mindset that they will take care of their chosen investment.

Applies also if a person wants to invest their money into bitcoin.

[danherbias07]

It is very risky if you are going to put all your money into bitcoin because the price is not really stable but there are disadvantage and as well as advantage if you are going to do that. The advantage would be, you are going to get good profit when price fluctuates higher and disadvantage when price falls, your money falls.

So are they right that it is a gamble?

But look. It didnt even take a year to double its price and it is almost tripled. So it is not really a gamble for me. It is more of patience, if you can handle stopping yourself from withdrawing it then it would be better. You can just add up some more whenever you have spare.

[Caladonian]

It is very risky if you are going to put all your money into bitcoin because the price is not really stable but there are disadvantage and as well as advantage if you are going to do that. The advantage would be, you are going to get good profit when price fluctuates higher and disadvantage when price falls, your money falls.

So are they right that it is a gamble?

But look. It didnt even take a year to double its price and it is almost tripled. So it is not really a gamble for me. It is more of patience, if you can handle stopping yourself from withdrawing it then it would be better. You can just add up some more whenever you have spare.

wow good for you if you can really not touch it you will earn more and treat it as an investment placing your spare money is also a good idea jut keep it and never panic because for sure the fluctuation will results to  a positive ways.

[freedomgo]

It is very risky if you are going to put all your money into bitcoin because the price is not really stable but there are disadvantage and as well as advantage if you are going to do that. The advantage would be, you are going to get good profit when price fluctuates higher and disadvantage when price falls, your money falls.

So are they right that it is a gamble?

But look. It didnt even take a year to double its price and it is almost tripled. So it is not really a gamble for me. It is more of patience, if you can handle stopping yourself from withdrawing it then it would be better. You can just add up some more whenever you have spare.

wow good for you if you can really not touch it you will earn more and treat it as an investment placing your spare money is also a good idea jut keep it and never panic because for sure the fluctuation will results to  a positive ways.

Treat it as your future investment that will take care of your dreams, if bitcoin will be successful we can surely see that our investment will grow and my advise that while the price is still cheap consider adding your investment regularly until your reach a good amount that will give you a decent income.

[DomesticTrader]

Why would people putting all of their money into the bitcoin you can also put evrytime a little bit into it because when you put everything on it you go all in and you got a higher risk to lose everything so i dont do that.

Yeah exactly just keep putting little bits into bitcoin (no pun intended) and then its much more safe then putting all you have into the bitcoin.
Like this you'll still profit from price increases but you will also have money incase bitcoin fails. So no reason to put everything in.

[hakanbalta577]

My vote is with less than 10% and i expected most of the users would do this.Why would any one put all his money into bitcoin there is no reason for that,i even put about 5-10% of my money into bitcoin or even less becuase we need fiat in our real day to day life so we need fiat cash instead of bitcoins.

[michietn94]

Spend about 10% of my main salary. Bitcoin become alternate currency which make my life get better than before I knew bitcoin.
So for now, I have multipler investment like gold, dollar , and bitcoin at the moment

[serjent05]

I don't put any of my money into  bitcoin but i put effort into earning bitcoin.  I don't have that much extra to have a luxury of spending money to get bitcoin.  Instead I use this opportunity to earn bitcoin and help me with my monthly budget, though if someday i will have extra from my business startup, im planning to buy some of the earning of that business to bitcoin, around 5% of it I think.

[xIIImaL]

Spend about 10% of my main salary. Bitcoin become alternate currency which make my life get better than before I knew bitcoin.
So for now, I have multipler investment like gold, dollar , and bitcoin at the moment

Yup this good way and value of investment in bitcoin. I use to save some money in bank and I use something in my own business. I think no one will put their all money in bitcoin only because clever business person will invest in one mode.

[wikenpp]

At the moment 48%of my funds are in bitcoin. Obviously that is too much, and i try to make it less, but when the price of bitcoin don't reach 700 dollars (at least) I see no reason to sell.
Because I would be a thief of my own wallet, neglecting so much loss per bitcoin.

But for sure i try to don't put more money in, since it would only increase the part bitcoin currently holds in my portfolio.

[YTBitcoin]

It is very risky if you are going to put all your money into bitcoin because the price is not really stable but there are disadvantage and as well as advantage if you are going to do that. The advantage would be, you are going to get good profit when price fluctuates higher and disadvantage when price falls, your money falls.

It is the feature of every currency that it fluctuate in price, so we do not have to afraid from that feature but have to understand the logic involved in its fluctuation and have to know that what factors are involved in increasing the price and what factors are involved to decrease the price, with that we will work in that way and will get a better result.

[nova-rider]

Well, despite the fact that  I trust the technology behind it, I think putting all money in btc is still really risky, given the instability in the market.

[a7mos]

it is not smart to put all the eggs in one basket and then when the basket falls, you loose everything! . this is so risky and you should reconsider your decision again because bitcoin is a new invention and it is insane to put all your saving in it

[richardsNY]

Well, despite the fact that  I trust the technology behind it, I think putting all money in btc is still really risky, given the instability in the market.

In general, people should never ever go all in on any kind of investment as there are no guarantees that your investment will in fact pay off. Even not when it looks very promising like Bitcoin. I think a healthy investment ratio should be no more than 50% of your total wealth. I am right now sitting in the 55% investment range as the price of Bitcoin has gone up significantly, but I would not go over that 50% if it came all out of my pockets.

[nova-rider]

Not all, but considerable part of my capital is invested in btcs, and part of it in projects with good technology and good developers, of course.

[hendra147]

Not all, but considerable part of my capital is invested in btcs, and part of it in projects with good technology and good developers, of course.

im save arround 50% of my asset at cryptocurrency (ethereum classic), of course i hope the price back to normal price 0.006btc is enough.
i know this is very high risk, but im sure i can get much profit than holding bitcoin for short time investment.

[Daybreaker]

For now i am not still putting all my money in bitcoin maybe sometimes if i really needed bitcoin i bought a small amount from 0.01 to 0.08..
I use them sometimes in gamble but most of them in trading.

[Supercrypt]

For now i am not still putting all my money in bitcoin maybe sometimes if i really needed bitcoin i bought a small amount from 0.01 to 0.08..
I use them sometimes in gamble but most of them in trading.

Investing "all" your money is not at all recommended. Never do that. Even in this bitcoin community, no one is recommending like that. This may be the reason of, bitcoin is still an experimental project but it has proven past record and more interesting for the investors as well as for technical people.

[praprata]

i put my money into bitcoin 70% because bitcoin is much more safest investment and its very secure and bitcoin is available in everywhere in the world for online shopping with easily transaction and too much lower fees than other .

I don't agree that bitcoin is the safest investment. Yes bitcoin is very secure but the prices are so volatile they can go anywhere.
If one bad news hits the media then the money drops so quick already it's unbelievable so I wouldn't understand anyone putting this much money in