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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
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August 31, 2017, 11:34:00 AM
 #1241

It is not reliable to invest all your funds in something that is so risky and volatile. Even if it only goes up, the mentality of "I will risk all" will likely prevail and you will not profit (i.e. use the money you earn).

Being a little more balanced is better.
yes i agree i think it is too risky if all of our funds will place into bitcoin.it is not advisable.maybe we can put halfway of our funds and save the other half.because every crazy little thing in this world is not predictable anything may change.
If you want to be safe in investment then you should put your money in different kind of good cryptocurrencies that are good for long term aside from bitcoin and because of that, you don't need to put all your funds in bitcoin because you will put it in different types of cryptocurrencies and you will have a different possible sources of income aside from bitcoin so the risk is very low for you.
yes i agree on that .putting funds in a diff. Kinds  of cryptocurrencies is safetiest way of than puting it in one kind of cruptocurrencies.i think we should only used half of our funds in bitcoin and the other half is to another kinds of currencies.
yes i agree.it is  verry safe to put our funds in two kinds of cryptocurrencies than putting it only in btc.because nobody knows  there are another coins that is  rising and become  more valuable than btc.it is really posible.
Two kinds of altcoins or crypto is not enough and it is still too risky because we don't know that if the coin you choose have a good future and if it is good altcoins it is much better if not its better to divide you money as many good top coins as you can.


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August 31, 2017, 12:37:37 PM
 #1242

too risky to put all the money in one investment product. if investment decreases then you have no reserve to cover the loss. The more you diversify then you profit making chances are good and you should invest only in good businesses.
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August 31, 2017, 01:08:12 PM
 #1243

I rarely put my own money into Bitcoin because It's so hard to find a trusted seller in my country. I usually only collecting bitcoin by doing some freelance job or any kinds of job online that offer bitcoin as the payment.
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August 31, 2017, 01:19:01 PM
 #1244

too risky to put all the money in one investment product. if investment decreases then you have no reserve to cover the loss. The more you diversify then you profit making chances are good and you should invest only in good businesses.
dont put all egg into one basket Cheesy right dont remember this sentence much  Tongue

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August 31, 2017, 01:22:52 PM
 #1245

I rarely put my own money into Bitcoin because It's so hard to find a trusted seller in my country. I usually only collecting bitcoin by doing some freelance job or any kinds of job online that offer bitcoin as the payment.

Don't you have local exchange in your country? If you don't have that exchange then you can just use localbitcoins for your trades so that you can have a trusted transaction. You can also use an escrow service here so that you can have no problems when you want trust and safety.

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August 31, 2017, 01:29:40 PM
 #1246

I rarely put my own money into Bitcoin because It's so hard to find a trusted seller in my country. I usually only collecting bitcoin by doing some freelance job or any kinds of job online that offer bitcoin as the payment.

Don't you have local exchange in your country? If you don't have that exchange then you can just use localbitcoins for your trades so that you can have a trusted transaction. You can also use an escrow service here so that you can have no problems when you want trust and safety.
I think it is advisable for him to secure his bitcoins in cold storage or in legde. Also there are many legit web wallets but make sure you not only use one kind of wallet in securing your bitcoins.


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August 31, 2017, 02:21:13 PM
 #1247

I rarely put my own money into Bitcoin because It's so hard to find a trusted seller in my country. I usually only collecting bitcoin by doing some freelance job or any kinds of job online that offer bitcoin as the payment.

Don't you have local exchange in your country? If you don't have that exchange then you can just use localbitcoins for your trades so that you can have a trusted transaction. You can also use an escrow service here so that you can have no problems when you want trust and safety.
oh. Sad I miss btc-e. When btc-e still live I can withdraw to fiat ez without contact any local trader

Someone used my Account for 3 Month, why would someone do this?
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September 05, 2017, 10:32:30 AM
 #1248

I rarely put my own money into Bitcoin because It's so hard to find a trusted seller in my country. I usually only collecting bitcoin by doing some freelance job or any kinds of job online that offer bitcoin as the payment.

Don't you have local exchange in your country? If you don't have that exchange then you can just use localbitcoins for your trades so that you can have a trusted transaction. You can also use an escrow service here so that you can have no problems when you want trust and safety.
I think it is advisable for him to secure his bitcoins in cold storage or in legde. Also there are many legit web wallets but make sure you not only use one kind of wallet in securing your bitcoins.

And try to make sure about the right URL as there are so many hackers and phishers that are trying to take the advantage and riding the hype of bitcoin's pump. Since he was here in forum already for sure his going to push his crypto / bitcoin career. It maybe hard to fund trusted seller in his country but in reality he can do a lot of ways for his own purpose.

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September 06, 2017, 07:23:34 AM
 #1249

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.. ?
That’s the last thing I would do, even a mad man won’t try it. How would you put all of your funds into bitcoin, you’re going to screw yourself if anything goes wrong, putting all your funds in bitcoin, is like putting all your eggs in one basket, if the basket falls you’re broke for life

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September 06, 2017, 07:28:18 AM
 #1250

I do not think this yet putting my all funds in online as investment, i do not want to put all my fund at risk that is why much higher percentage of my fund is on the bank than investment in some investment company and sites, here in bitcoin i only put 2% of my salary as my investment and do trading method which i know how to do proper trading.
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September 06, 2017, 07:45:08 AM
 #1251

I do not think this yet putting my all funds in online as investment, i do not want to put all my fund at risk that is why much higher percentage of my fund is on the bank than investment in some investment company and sites, here in bitcoin i only put 2% of my salary as my investment and do trading method which i know how to do proper trading.
We should not fully put all our savings in btc since btc is still hard to access to buy our personal use , so better still have some left in our pocket and only put amounts we wanted to save.
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September 06, 2017, 07:55:12 AM
 #1252

every decision must be full of risks. it means like this if you want to get the results there is a risk. but just a little advice you want to add your money by way of investing with bitcoin save your money in the form of bitcoin it is the right decision. if you store in auto bitcoin in a few years your money will increase. but all decisions in your hands are all full of risks.

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September 06, 2017, 10:32:08 AM
 #1253

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.. ?
No, no , no I would only do that if I am mad, in my investing journey in life, one thing that I have learnt and that has kept me through the time of market crashes has been that diversifying investment portfolios can save your life and business
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September 06, 2017, 10:43:39 AM
 #1254

every decision must be full of risks. it means like this if you want to get the results there is a risk. but just a little advice you want to add your money by way of investing with bitcoin save your money in the form of bitcoin it is the right decision. if you store in auto bitcoin in a few years your money will increase. but all decisions in your hands are all full of risks.
Yes every decision is a full of risk because sometimes it can cause us profit but sometimes loses that may become lead us to continue or stop bitcoin. It is good that we have an enough knowledge for the opportunity that we are wanted to do because we are know the result and become satisfied on what it may become in the future.

Bestwishes745
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September 06, 2017, 11:00:34 AM
 #1255

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.. ?
That’s the last thing I would do, even a mad man won’t try it. How would you put all of your funds into bitcoin, you’re going to screw yourself if anything goes wrong, putting all your funds in bitcoin, is like putting all your eggs in one basket, if the basket falls you’re broke for life
I have my money from the last one and half year in Bitcoin and in that long period nothing wrong happened to my money and the same experience is with thousands of users of Bitcoin and they are now much happy as I am now because in that period the price of Bitcoin increased too much and we earned a lot. That is why I will say it is not wrong to put all of your money in Bitcoin.
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September 06, 2017, 11:03:14 AM
 #1256

It is best to invest money. In any case, to keep everything in one currency is not considered appropriate. Diversification.
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September 06, 2017, 11:05:36 AM
 #1257

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.. ?
it is a good way to make money. Bitcoin is really profitable if we invest all of our money for sure we can earn big profits. Bitcoin investment is less risky than altcoins investments. It is really good way to grow our money.

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September 06, 2017, 11:20:29 AM
 #1258

I rarely put my own money into Bitcoin because It's so hard to find a trusted seller in my country. I usually only collecting bitcoin by doing some freelance job or any kinds of job online that offer bitcoin as the payment.

Don't you have local exchange in your country? If you don't have that exchange then you can just use localbitcoins for your trades so that you can have a trusted transaction. You can also use an escrow service here so that you can have no problems when you want trust and safety.
I think it is advisable for him to secure his bitcoins in cold storage or in legde. Also there are many legit web wallets but make sure you not only use one kind of wallet in securing your bitcoins.
Yeah, do not put all your funds into Bitcoin and store your Bitcoin in one place. I always split my funds (Bitcoin) to many wallets or create new seed in my Electrum wallet if I do not want store my Bitcoin on exchange or online wallet.


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lehoang3369
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September 06, 2017, 11:36:57 AM
 #1259

No, I just put some money into bitcoin so far. I am learning and trying to trade alt coin at the time of using that money. Maybe later after I was confident enough I would put more money into it.
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September 06, 2017, 11:44:50 AM
 #1260

No, I just put some money into bitcoin so far. I am learning and trying to trade alt coin at the time of using that money. Maybe later after I was confident enough I would put more money into it.
Yeah with the rate of bitcoin today I think to buy bitcoin is not a good idea, unless you want to hold them for a long term

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