JJriver
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Activity: 173
Merit: 100
W12 – Blockchain protocol
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August 25, 2017, 12:05:33 PM |
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I keep most of my money in bitcoin, but all the means to get into bitcoin is too risky. I stick to the division of my investment portfolio in order to stay with minimal losses.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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richmcrich
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August 26, 2017, 07:16:30 AM |
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Nope, that’s the dumbest thing to do. The market is not yet stable and as such I can’t risk all of my funds into it because if the price drops am at a loss, or if the market crashes I would still be at a loss, the best thing to do is just to set a certain percentage to invest in bitcoins
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BingoDog
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August 26, 2017, 07:29:21 AM |
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No, I didn't. I find bitcoin vwry good and profitable investment but puting all your money just at one place isn't wise thing to do. On that way you put yourself to the risk of losing your funds. I would suggest to diversify your investments and always keep eye on it so that your can figure out when the situation on the market is changing and you can react accordingly.
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malaj
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Mpamaegbu
Legendary
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Activity: 2688
Merit: 1208
Once a man, twice a child!
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August 26, 2017, 07:56:20 AM |
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It's not a good idea for anyone to invest all their funds into Bitcoin knowing that it's erratic and volatile. It is not even advisable on any crypto. For crying out loud, why would anybody do something as thought less as that when there are over 900 cryptos in existence now. But then there are crazy guys out there who may want to think it's a wise investment strategy.
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ProzCoin
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August 26, 2017, 05:49:13 PM |
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Bitcoin is a very good investment but it's also not inherently stable. You never really know where it's going to go, or what opportunities are going to appear to you. My advice to anyone is not to put all your eggs in one basket out of FOMO, because for all we know it goes wrong and you lose all your money, then you have nowhere to go.
Yeas that true, bitcoin its just an investment but of course a kind of assets too that can be considered as well. So, putting all funds is not advisable for now, it is better for now to do bitcoin as part time job or side line income something like that. Bitcoin is actually not the only one which can give you further huge profits, there are other altcoins as well with huge potential. And big investors says don't put all eggs in one basket and actually its practical. So just diversify after thorough analysis. Not only altcoins, other things can also give you a big profit such as mining rig or real estate. And I agree with you. We should not put everything in one basket. We should split our property to many sources so that we can easily avoid huge loss from the market. Learning will give you more chance to determine exactly which projects are legit and which can not grow |
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pieppiep
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August 26, 2017, 09:00:29 PM |
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Bitcoin is a very good investment but it's also not inherently stable. You never really know where it's going to go, or what opportunities are going to appear to you. My advice to anyone is not to put all your eggs in one basket out of FOMO, because for all we know it goes wrong and you lose all your money, then you have nowhere to go.
Yeas that true, bitcoin its just an investment but of course a kind of assets too that can be considered as well. So, putting all funds is not advisable for now, it is better for now to do bitcoin as part time job or side line income something like that. Bitcoin is actually not the only one which can give you further huge profits, there are other altcoins as well with huge potential. And big investors says don't put all eggs in one basket and actually its practical. So just diversify after thorough analysis. Not only altcoins, other things can also give you a big profit such as mining rig or real estate. And I agree with you. We should not put everything in one basket. We should split our property to many sources so that we can easily avoid huge loss from the market. Learning will give you more chance to determine exactly which projects are legit and which can not grow People who have invested huge amount in bitcoins in the past have already become millionaire by now but that time was different as price was too low at that time and now we cannot take risk of investing huge amount in bitcoins as price can go in any direction in future and if it crashes then it can be a big loss for us so its always good to invest only a part of your money in bitcoins. |
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bitbob82
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August 26, 2017, 09:48:24 PM |
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No, I didn't. I find bitcoin vwry good and profitable investment but puting all your money just at one place isn't wise thing to do. On that way you put yourself to the risk of losing your funds. I would suggest to diversify your investments and always keep eye on it so that your can figure out when the situation on the market is changing and you can react accordingly.
although people are too much confident about the price of bitcoin but still they are not welling to put all their funds in bitcoin, in fact there is no guaranty that either the price of bitcoin will continue increasing or will decrease therefore they want secure their position by investing such amount of money in bitcoin that they can bare to lose. |
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Superzpay
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August 26, 2017, 10:17:18 PM |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
I think it is a risk but I can't fault you for doint ig. However if it wetre me i would be putting a certain portion of my money only and not all of it. I would be investing a majority but i would also be saving something for myself in case of emergencies or for cases where it might not work out. A good strategy in trade! You don’t need to put all of your savings and money in trading. It can give you more profit is you have so, but at same time that will be more risky for you what if you don’t have good prices, you loss more. So better is to divide your salary and money and put majority of amount in bitcoin trading but must save like a handsome part for any problem and emergency. |
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shiunsai
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August 26, 2017, 10:36:15 PM |
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No, I didn't. I find bitcoin vwry good and profitable investment but puting all your money just at one place isn't wise thing to do. On that way you put yourself to the risk of losing your funds. I would suggest to diversify your investments and always keep eye on it so that your can figure out when the situation on the market is changing and you can react accordingly.
although people are too much confident about the price of bitcoin but still they are not welling to put all their funds in bitcoin, in fact there is no guaranty that either the price of bitcoin will continue increasing or will decrease therefore they want secure their position by investing such amount of money in bitcoin that they can bare to lose. And I think that is a smart decision to make as no one is aware about the future of bitcoins and if you put your all money in bitcoins and if it dies in future then it can make you bankrupt and you will be left with nothing in hands so its good not to put all your money in bitcoins and try to find alternate places for making an investment. |
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conspirosphere.tk
Legendary
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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August 26, 2017, 10:46:47 PM |
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Currently I am 90% in BTC, 5% in LTC, and 5% in gold.
My plan is to keep increasing my gold stash, increase my fiat, and maybe increase my LTC and some other alts.
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Sled
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August 26, 2017, 11:44:20 PM |
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Currently I am 90% in BTC, 5% in LTC, and 5% in gold.
My plan is to keep increasing my gold stash, increase my fiat, and maybe increase my LTC and some other alts.
Don't put too much in gold and fiat because that is not worth it and before you make money in gold, it will be a lot of years to wait and it is better to increase your bitcoin and also other altcoin so you can have a faster progress in earning money rather than those investment which are very slow in their growth. |
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Bianxee
Member
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Activity: 217
Merit: 10
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August 27, 2017, 03:13:28 AM |
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Currently I am 90% in BTC, 5% in LTC, and 5% in gold.
My plan is to keep increasing my gold stash, increase my fiat, and maybe increase my LTC and some other alts.
that's cool, i also wanted to collect and add some LTC as much as i can so in the future i was able to earn big amounts of money. I dont have bitcoins in my wallet its all treansfered in different altcoins. |
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glowing10
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August 27, 2017, 04:09:01 AM |
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I never dared to. At one time I had over half in it, that was due mostly to the fast rise in value of Bitcoin. Now I just stay around waiting for another opportunity to get back in the small budget that I have.
Well keep investing a small portion of amount regularly in Bitcoin . Also some percentage invest in good altcoins lol ripple , Monerao , ETH etc. in coming time the demand and price of even good altcoins is going to rise like BTC and you will have the good profits of purchased today and hold for some time . |
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Rebisco
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August 27, 2017, 05:45:41 AM |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Yeah. Even though that the bitcoin investment is risky, I invested all of my money there. I think that my money will double up because I know that the bitcoin is very profitable. Investing our money to bitcoin is really good. |
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o48o
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Activity: 2856
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
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August 27, 2017, 06:58:29 AM |
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I didn't put a lot but now i have most on my funds in bitcoin and altcoin beucause all of that volatility.  |
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Savemore
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August 27, 2017, 07:10:23 AM |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
90% of my money and I invest it to the bitcoin. Investing our money to the bitcoin is really effective way to grow our money we can. It is risky but we can sure that we can earn a lot of profits from bitcoins. |
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Wandika
Sr. Member
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Activity: 508
Merit: 250
In CryptoEnergy we trust
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August 27, 2017, 07:22:48 AM |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
90% of my money and I invest it to the bitcoin. Investing our money to the bitcoin is really effective way to grow our money we can. It is risky but we can sure that we can earn a lot of profits from bitcoins. Not on btc alone, better put some in altcoins. They have possibilities on increasing toi and can be used in ICO. Still left something in you for your needs,so that all that in crypto can be keep for long term investment. |
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Yutikas_11920
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August 27, 2017, 07:53:41 AM |
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Currently I am 90% in BTC, 5% in LTC, and 5% in gold.
My plan is to keep increasing my gold stash, increase my fiat, and maybe increase my LTC and some other alts.
Don't put too much in gold and fiat because that is not worth it and before you make money in gold, it will be a lot of years to wait and it is better to increase your bitcoin and also other altcoin so you can have a faster progress in earning money rather than those investment which are very slow in their growth. Well, basically we want a greater treasure can already ascertained that we have to invest in all the things that will bring into desire. Gold is indeed profitable, but it has a fairly long time in order to earn a profit. Unlike the cryptocurrency or bitcoin, they could have easily to get a lot of benefit to someone who invests. But indeed it has to do with science, without the science of everything will fall apart. |
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Pakboy
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Activity: 195
Merit: 100
"Proof-of-Asset Protocol"
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August 27, 2017, 08:09:32 AM |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
I invested my money last two years ago in the bitcoin. I am now happy because I am now rich because of the bitcoin. My investment became really successful. I conclude that long term investment is really effective. |
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Zadicar
Legendary
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Activity: 1330
Merit: 1020
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August 27, 2017, 08:44:19 AM |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
I invested my money last two years ago in the bitcoin. I am now happy because I am now rich because of the bitcoin. My investment became really successful. I conclude that long term investment is really effective. Good to hear that another one have become rich because of bitcoin and i would like to congratulate you on harvesting on the profits and its really a good thing that you did believe on bitcoin on its earliest years and now you are being paid off on the wait you do made. Placing all of your funds on bitcoin is really a risky thing since we wont know if bitcoin will last or not and as advised only put the amounts that you can afford to loss. |
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