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Question: I invest ____ of my fund into bitcoin
below 10% - 91 (44.6%)
25% - 49 (24%)
50% - 30 (14.7%)
75% - 25 (12.3%)
100% - 9 (4.4%)
Total Voters: 204

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Author Topic: did you put all your money into bitcoin?  (Read 56467 times)
doomistake
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October 06, 2016, 08:11:05 AM
 #621

I don't put all my bitcoin in bitcoin because I need more cash than bitcoins because it is really hard to use bitcoin always since not all the stores or other departments accepts bitcoin as a payment for everything we buy that's why cash is still preferred by most of us but I'm not saying that I hate bitcoins, it's just that I just prefer on using it in real life and I'm only using bitcoins in buying stuff online and so on.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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October 06, 2016, 08:17:48 AM
 #622

I don't put all my bitcoin in bitcoin because I need more cash than bitcoins because it is really hard to use bitcoin always since not all the stores or other departments accepts bitcoin as a payment for everything we buy that's why cash is still preferred by most of us but I'm not saying that I hate bitcoins, it's just that I just prefer on using it in real life and I'm only using bitcoins in buying stuff online and so on.
Well, under the circumstances you cannot put a money in bitcoin, you need money so you will keep it. For me, putting our money in bitcoin is already an act of investment and we might grow that amount or lose it depends on the market performance of bitcoin, so if you are not ready to lose do never gamble it.

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October 06, 2016, 08:53:54 AM
 #623

I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

And that is not a good idea.

There are other more ways to earn while taking advantage in the price fluctuations in bitcoin. So just put some portion of the money in bitcoin and make rooms for others too for regular earnings purposes.
i wonder who holding bitcoin without have fiat money, i guess noone.
so put the whole money to bitcoin is not really necsessary , as put half of your money more than enough.
bitcoin is a good long term investment , if you put all money to bitcoin hard to live for now.

Yes and to be able to get profits just by holding bitcoin, people needs to wait for more time as price fluctuates much. So how's the deal with other spendings if they will just rely on bitcoin alone which they didn't know when is the right time to sold their hold coins?

So another source of income or earnings must take placed while waiting for their "right time" in bitcoin.

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October 06, 2016, 09:16:05 AM
 #624

I don't put all my bitcoin in bitcoin because I need more cash than bitcoins because it is really hard to use bitcoin always since not all the stores or other departments accepts bitcoin as a payment for everything we buy that's why cash is still preferred by most of us but I'm not saying that I hate bitcoins, it's just that I just prefer on using it in real life and I'm only using bitcoins in buying stuff online and so on.
Well, under the circumstances you cannot put a money in bitcoin, you need money so you will keep it. For me, putting our money in bitcoin is already an act of investment and we might grow that amount or lose it depends on the market performance of bitcoin, so if you are not ready to lose do never gamble it.
That is the reason we must invest into bitcoin, only the money we are having in surplus.

Because there are a lot of transaction fees involved in buying and selling bitcoins so quickly going for converting back the invested money into bitcoin will end up in wasting some money in transaction fees.
We must plan up accordingly, so that we could prevent wasting money.

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October 06, 2016, 11:52:18 AM
 #625

I did not put all my money into bitcoin because I need to pay my bills and I can't pay alot of them with bitcoins ofcourse.
Swapping bitcoin back to fiat costs too much money to deposit all my fiat into bitcoin.
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October 06, 2016, 11:55:55 AM
 #626

I put most of my money into bitcoin how about you?

It is not very recommended to do that.

However i think bitcoin (blockchain technology) will be the next generation of money all over the world. It is a very good to investment...but never...never go all in, no matter what.

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October 06, 2016, 05:27:43 PM
 #627

I put most of my money into bitcoin how about you?

It is not very recommended to do that.

However i think bitcoin (blockchain technology) will be the next generation of money all over the world. It is a very good to investment...but never...never go all in, no matter what.



Risky especially if you do it now. Although bitcoin really is very promising in the future, puttting all your money in it without backup is too much of a risk for me.

 
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October 06, 2016, 06:36:43 PM
 #628

I don't put all my bitcoin in bitcoin because I need more cash than bitcoins because it is really hard to use bitcoin always since not all the stores or other departments accepts bitcoin as a payment for everything we buy that's why cash is still preferred by most of us but I'm not saying that I hate bitcoins, it's just that I just prefer on using it in real life and I'm only using bitcoins in buying stuff online and so on.
Well, under the circumstances you cannot put a money in bitcoin, you need money so you will keep it. For me, putting our money in bitcoin is already an act of investment and we might grow that amount or lose it depends on the market performance of bitcoin, so if you are not ready to lose do never gamble it.
That is the reason we must invest into bitcoin, only the money we are having in surplus.

Because there are a lot of transaction fees involved in buying and selling bitcoins so quickly going for converting back the invested money into bitcoin will end up in wasting some money in transaction fees.
We must plan up accordingly, so that we could prevent wasting money.
Proper planning must be always important event for investing into bitcoin. Improper management like without having any budget for buying bitcoin might lead wasting money in unnecessary transaction fees.
But, interestingly in this you might get chances to earn some profits in quick time itself by buying and selling bitcoins that may cover your transaction fees sometimes but not assured.
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October 06, 2016, 06:41:15 PM
 #629

I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

And that is not a good idea.

There are other more ways to earn while taking advantage in the price fluctuations in bitcoin. So just put some portion of the money in bitcoin and make rooms for others too for regular earnings purposes.
i wonder who holding bitcoin without have fiat money, i guess noone.
so put the whole money to bitcoin is not really necsessary , as put half of your money more than enough.
bitcoin is a good long term investment , if you put all money to bitcoin hard to live for now.

Yes and to be able to get profits just by holding bitcoin, people needs to wait for more time as price fluctuates much. So how's the deal with other spendings if they will just rely on bitcoin alone which they didn't know when is the right time to sold their hold coins?

So another source of income or earnings must take placed while waiting for their "right time" in bitcoin.


Yes if you are investing the full amount its gonna be a hard time because you also need to pay monthly things and how do you even pay them than.
If you are investing all your money into the bitcoin you most likely also are fully into it.
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October 06, 2016, 07:58:04 PM
 #630

I did not put all my money into bitcoin because I need to pay my bills and I can't pay alot of them with bitcoins ofcourse.
Swapping bitcoin back to fiat costs too much money to deposit all my fiat into bitcoin.
yes i also not put all my money in bitcoin but still i invested a good amount in bitcoin, i have invested 70% assets in bitcoin and putting more from my salary, i also making good money from trading in alt coin.
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October 06, 2016, 08:03:35 PM
 #631

'm save my money on bitcoins. with hold bitcoin this will be a good trading this are long-term investment, but for short-term i do it on trading ALTcoin. why not with a take a part for some chance there
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October 07, 2016, 09:17:12 PM
 #632

no i never put all my money in bitcoin.
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October 07, 2016, 10:00:59 PM
 #633

Basic rule which everyone know whether its btc or any other thing is that never put o=money in one thing. use diversification and hence you would be in the best position in terms of liquidity and returns in financial world.
 
Diversifying your investments is a way to reduce risk and not a magic formula that brings more profits; you can still lose money in your investments even if they are diversified if they were bad investments.
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October 07, 2016, 11:15:59 PM
 #634

I never putted all my money into the bitcoin and I'm also not planning to do this because its not smart.
Its a risky currency and it can also fall the next day due to that I think its bad to invest all your money these days.
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October 08, 2016, 12:29:47 AM
 #635

i put all of money at mining rig, gpu mining, and im very happy to make money everyday.
for me keep our money by holding is not a good solution to growing our money, better to make some interest with bitcoin mining or altcoin mining.
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October 08, 2016, 02:24:14 AM
 #636

I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

And that is not a good idea.

There are other more ways to earn while taking advantage in the price fluctuations in bitcoin. So just put some portion of the money in bitcoin and make rooms for others too for regular earnings purposes.
i wonder who holding bitcoin without have fiat money, i guess noone.
so put the whole money to bitcoin is not really necsessary , as put half of your money more than enough.
bitcoin is a good long term investment , if you put all money to bitcoin hard to live for now.

Yes and to be able to get profits just by holding bitcoin, people needs to wait for more time as price fluctuates much. So how's the deal with other spendings if they will just rely on bitcoin alone which they didn't know when is the right time to sold their hold coins?

So another source of income or earnings must take placed while waiting for their "right time" in bitcoin.


Yes if you are investing the full amount its gonna be a hard time because you also need to pay monthly things and how do you even pay them than.
If you are investing all your money into the bitcoin you most likely also are fully into it.

You would surely compromise many things  if you intend to  put all of your assets  on bitcoin. As you said  how would you  pay your bills, buy your daily needs  if  you dont have  money anymore because you put it into  bitcoin.  For  me i wont do such thing because  its a risky thing to do and  if   i would  put  money  maybe 10% would  be  enough already.

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October 08, 2016, 02:29:43 AM
 #637

i put all of money at mining rig, gpu mining, and im very happy to make money everyday.
for me keep our money by holding is not a good solution to growing our money, better to make some interest with bitcoin mining or altcoin mining.
I would 100% agree with you.. I don't have experience of mining but what you said is obviously correct. we must use our money to increase them. this is the best choice right now.
and I also added all my money in bitcoin.. all my earning is depend on bitcoin actually.
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October 08, 2016, 05:47:45 AM
 #638

i put all of money at mining rig, gpu mining, and im very happy to make money everyday.
for me keep our money by holding is not a good solution to growing our money, better to make some interest with bitcoin mining or altcoin mining.
I would 100% agree with you.. I don't have experience of mining but what you said is obviously correct. we must use our money to increase them. this is the best choice right now.
and I also added all my money in bitcoin.. all my earning is depend on bitcoin actually.
For sure we have different ways to earn money and not all adopters know the ways to be profitable in mining, that is good but only for big mining company as in general individual miners are not profitable anymore due to high electricity cost and difficulty in mining.

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carlfebz2
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October 08, 2016, 06:01:05 AM
 #639

i put all of money at mining rig, gpu mining, and im very happy to make money everyday.
for me keep our money by holding is not a good solution to growing our money, better to make some interest with bitcoin mining or altcoin mining.
I would 100% agree with you.. I don't have experience of mining but what you said is obviously correct. we must use our money to increase them. this is the best choice right now.
and I also added all my money in bitcoin.. all my earning is depend on bitcoin actually.
For sure we have different ways to earn money and not all adopters know the ways to be profitable in mining, that is good but only for big mining company as in general individual miners are not profitable anymore due to high electricity cost and difficulty in mining.

You could  actually build your own mining farm as  long  you  have the money to invest  on as you said  individual mining   would  not be profitable anymore because   of many factors  like  having  a  expensive electricity  but   if you able to  buy more miners  it could somehow profitable  as  long  you are aware  on the risk involve on it and  most important at all is the  electricity cost.
Fatanut
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October 08, 2016, 06:11:25 AM
 #640

i put all of money at mining rig, gpu mining, and im very happy to make money everyday.
for me keep our money by holding is not a good solution to growing our money, better to make some interest with bitcoin mining or altcoin mining.
I agree with you. Holding our coins wouldn't give us that much profit considering the length of time that's required to get a profit out of bitcoin holding. Instead of holding your coins and wishing that the next day would be a pump day, why don't we just make use of it and get a profit today. Once the Bitcoin price goes up, we would still make profit out of that, every body will get profit out of that.

The only people that makes good money out of the price pump are the whales that holds hundreds or thousands of coins to be honest.

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