did you put all your money into bitcoin?

[serjent05]

Putting all your money into bitcoin is very risky. Currently the price is increasing a lot but you never know when it might crash. You will surely not lose everything but then again you should not put all your money into bitcoin. Keep some to take care of losses, some for exchanging, another part for trading, you should also keep some for saving for long term.

I agree that putting all your money in bitcoin is very risky.   You should not put all your egg in one basket.  Try to diversify.  So if one stocks/ item is not profitable at the current state, then most probably others are profitable and you can trade them or sell at a profit.  this is a simple strategy that everyone must learn.

[The_Dark_Knight]

It's better to have more options, not just one. If you fail with Bitcoin, you gotta have backup options. Not to mention that having a lot of money in one account is very risky and the target for hackers and scammers. Be careful about that and find more opportunities, not just one.

Agreed, also it is not a good way for a good business, to take a high risk without know can make money or not, and also as you said many hackers and scammers are here to scam us, So Now in this case, only invest that amount, which you can afford it easily and if you get lose than handle it, also it is not valid that total invest our amount into bitcoin. Even we like bitcoin, and we know bitcoin is a name of making money. 

Diversifying your investment is always a good idea if you want to avoid catastrophic  losses however when picking diversifying options I will not pick some altcoins since that is not really diversifying, probably I will choose gold or real state if you can afford it of course.

[Invulner]

Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course

[Jasad]

Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course

that's true , never put a risk in one place and one time ,
spread it and also risk only the amount that you really can afford to get lost ,
never be a good idea to put your whole cash to bitcoin ,
unless you are a creaze risk taker , then go for it.

[asuryan180]

I haven't and I don't think you should,always have something which you can go to if everything collapses,yeah go for BTC and buy BTC but also be prepared for the other scenario so you can bounce up quickly.
Preparation is a really good thing and you have to write all scenarios.

[calme]

More than 100%, b/c I'm all in on leverage and have it spread across exchanges in case any one exchange gets hacked. So far, so good.

[densuj]

Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course

You are right and put all of money into bitcoins is bad idea and very very dangerous because bitcoins is instrument of investments there are many risk on there. Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

[1Referee]

Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course

You are right and put all of money into bitcoins is bad idea and very very dangerous because bitcoins is instrument of investments there are many risk on there. Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

The type of investment doesn't really matter when it comes to having all your money into something. It's bad all the way.

Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

Using 10% of your money for investment purposes may seem to be a lot for you, but in reality it's not. I personally always work with a 50/50 ratio. 50% investments, and the other 50% is savings in fiat. Right now my ratio is like 60% Bitcoin and 40% fiat savings, but that's mainly due to the fact that Bitcoin has increased quite a bit in value in the last 12 months.

[VerdinaNET]

For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now

Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss.

Completely agree with you. There must be calculated risk because of the nature of btc.

[X-ray]

For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now

Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss.

Completely agree with you. There must be calculated risk because of the nature of btc.

sometimes bitcoin geeks will not going to think about that,they're putting their wealth on bitcoin for pleasure,and it's seems like a gambling indeed but if they like it then we can't do anything,only spent what you can afford and thinking twice before doing for a wise decision

[mirakal]

For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now

Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss.

Completely agree with you. There must be calculated risk because of the nature of btc.

sometimes bitcoin geeks will not going to think about that,they're putting their wealth on bitcoin for pleasure,and it's seems like a gambling indeed but if they like it then we can't do anything,only spent what you can afford and thinking twice before doing for a wise decision

They can do that as they are willing to invest on there skills, by investing in themselves they can trade bitcoin which will give them consistent income and they can even make that in a daily basis. That's why day traders are here and they are getting richer because of their passion.

[carlerha]

Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course

You are right and put all of money into bitcoins is bad idea and very very dangerous because bitcoins is instrument of investments there are many risk on there. Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

The type of investment doesn't really matter when it comes to having all your money into something. It's bad all the way.

Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

Using 10% of your money for investment purposes may seem to be a lot for you, but in reality it's not. I personally always work with a 50/50 ratio. 50% investments, and the other 50% is savings in fiat. Right now my ratio is like 60% Bitcoin and 40% fiat savings, but that's mainly due to the fact that Bitcoin has increased quite a bit in value in the last 12 months.

but to me i think if you want to make good profit then you should invest a good amount of your fiat money, i think 10% is nothing, as bitcoin is too much trusted now so you can put your money in bitcoin without any doubt.

[Multipulty]

For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now

Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss.

Completely agree with you. There must be calculated risk because of the nature of btc.

sometimes bitcoin geeks will not going to think about that,they're putting their wealth on bitcoin for pleasure,and it's seems like a gambling indeed but if they like it then we can't do anything,only spent what you can afford and thinking twice before doing for a wise decision

They can do that as they are willing to invest on there skills, by investing in themselves they can trade bitcoin which will give them consistent income and they can even make that in a daily basis. That's why day traders are here and they are getting richer because of their passion.

If you want to make good profits from trading then you need to invest higher capital as you can make descent profits even with a small fluctuations and if you have invested in altcoins then profit margin will be even higher in compare to bitcoin trading as altcoin market involves huge pumps and dumps which is not possible with bitcoins.

[The_Dark_Knight]

Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course

You are right and put all of money into bitcoins is bad idea and very very dangerous because bitcoins is instrument of investments there are many risk on there. Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

The type of investment doesn't really matter when it comes to having all your money into something. It's bad all the way.

Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

Using 10% of your money for investment purposes may seem to be a lot for you, but in reality it's not. I personally always work with a 50/50 ratio. 50% investments, and the other 50% is savings in fiat. Right now my ratio is like 60% Bitcoin and 40% fiat savings, but that's mainly due to the fact that Bitcoin has increased quite a bit in value in the last 12 months.

but to me i think if you want to make good profit then you should invest a good amount of your fiat money, i think 10% is nothing, as bitcoin is too much trusted now so you can put your money in bitcoin without any doubt.

I personally I agree with this investing only 10% of your money it’s a bad idea whether you are rich or poor, since inflation is eating away your purchasing power, you should have an important part of your capital always working for you.

[erik m.]

No, I believe it is not something wise to do. Despite being a promising technology, every investment has its risks... I have about 20% invested into it.

[goinmerry]

Never dared to do that.
That is like a suicide. If something really bad happen then where will you get money to eat, to pay your bills, your mortgage and many more. You will end up living in the street and getting some alms from people.
This is just being practical. In any field of investing we cant give everything, at least leave some for yourself.

[1Referee]

The type of investment doesn't really matter when it comes to having all your money into something. It's bad all the way.

Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.

Using 10% of your money for investment purposes may seem to be a lot for you, but in reality it's not. I personally always work with a 50/50 ratio. 50% investments, and the other 50% is savings in fiat. Right now my ratio is like 60% Bitcoin and 40% fiat savings, but that's mainly due to the fact that Bitcoin has increased quite a bit in value in the last 12 months.

but to me i think if you want to make good profit then you should invest a good amount of your fiat money, i think 10% is nothing, as bitcoin is too much trusted now so you can put your money in bitcoin without any doubt.

What's the point of rehashing what I already have said beside you wanting to increase your post count? Try to come up with more original posts.

[clickerz]

Putting all your money into bitcoin is very risky. Currently the price is increasing a lot but you never know when it might crash. You will surely not lose everything but then again you should not put all your money into bitcoin. Keep some to take care of losses, some for exchanging, another part for trading, you should also keep some for saving for long term.

All is not good strategy I think. You must left some cash for your personal expenses at least for a month or six months budget.The disadvantages of putting all your money in bitcoin is when the bitcoin price is dump,and you have an emergency need, you will end up selling your bitcoin at lowest price.

[mrcash02]

Putting all your money into bitcoin is very risky. Currently the price is increasing a lot but you never know when it might crash. You will surely not lose everything but then again you should not put all your money into bitcoin. Keep some to take care of losses, some for exchanging, another part for trading, you should also keep some for saving for long term.

All is not good strategy I think. You must left some cash for your personal expenses at least for a month or six months budget.The disadvantages of putting all your money in bitcoin is when the bitcoin price is dump,and you have an emergency need, you will end up selling your bitcoin at lowest price.

The problem is that most places where we need to spend our money daily don't accept BTCs, so it's impossible to put all money into Bitcoins. This kind of investiment is for our savings. Instead leaving your savings on bank earning low income monthly, invest buying Bitcoins.

[VerdinaNET]

For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now

Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss.

Completely agree with you. There must be calculated risk because of the nature of btc.

sometimes bitcoin geeks will not going to think about that,they're putting their wealth on bitcoin for pleasure,and it's seems like a gambling indeed but if they like it then we can't do anything,only spent what you can afford and thinking twice before doing for a wise decision

They can do that as they are willing to invest on there skills, by investing in themselves they can trade bitcoin which will give them consistent income and they can even make that in a daily basis. That's why day traders are here and they are getting richer because of their passion.

Thats another side of things of course. Counting on good skills is redicing the risk for sure but there is always a risk in this market. So far in my life i've learned that if you don't risk your chances on getting something more. Earning money with passion is meybe the best thing ever which everybody wants