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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
Irvinn
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September 07, 2017, 03:57:23 AM
 #1281

I believe that the best investment is bitcoin. And such an investment will be good in any year - in 2010 or 2017. Of course, absolutely all your money in bitcoin should not be invested, but within reasonable limits. Investing in bitcoin is a profit in the future.
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September 07, 2017, 04:52:32 AM
 #1282

crypto world still dangerous now. just put the money you can lost!
May be yes for altcoin but not for bitcoin. Bitcoin market cap is quite high so I think bitcoin investment is still good. I can not put all of my fund in bitcoin because it still not adopted in my country

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September 07, 2017, 05:21:52 AM
Last edit: September 07, 2017, 02:45:50 PM by Dontme
 #1283

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.. ?
Its good that you ask here first before putting your money because its very risky to invest. Its better if you spread your money for investment. You can invest on bitcoin, monaco, edgeles, and many other successful coins so that if maybe one of them will go down you will not loose all your money that much. But its your decision, still do some research before you put your money. Always remember that if you want a long-term investment always check the longness of that site because I do believe that it is better to invest in the site that have a very strong foundation.
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September 07, 2017, 11:20:52 AM
 #1284

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.

I wouldn't store all of my bitcoins in one place. I will spread it with different storage, I'll put some on desktop wallet, paper wallets and trustworthy web wallets. It's an important thing that we hold the private keys so that if something did ever happened on our hardware we can restore it with the use of those private keys or seeds.

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September 07, 2017, 11:43:53 AM
 #1285

Gambling everything without anything cleared out for one individual's own particular needs resembles wagering all in a betting game.It is not being dependable as I would like to think in the event that you can put every one of your assets in bitcoin or some other venture.

The main distinction is it will simply bring longer with investments.Never going to do that.If you saw that it would make you rich later on then do however you wanted recall dependably the hazard required on it since we know cost of bitcoin is excessively unstable and possibly some time or another it would crash and make you got broke.
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September 07, 2017, 12:24:31 PM
 #1286

okay all the money you put in bitcoin but the question is with the cost of your own needs or your family needs. it's better to just spend extra money on bitcoin .. just extra money only so you're not going to eat any food you're just selling.
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September 07, 2017, 12:41:07 PM
 #1287

if you are thinking about it, don't do it.. it means you don't believe in it enough and are therefore more likely to eventually sell too early

if one day you will be convinced of the future of bitcoin, you won't have a second thought about investing everything in it
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September 08, 2017, 05:24:20 AM
 #1288

okay all the money you put in bitcoin but the question is with the cost of your own needs or your family needs. it's better to just spend extra money on bitcoin .. just extra money only so you're not going to eat any food you're just selling.

Yeah extra money or consider putting your savings in btc as well but not all. Try to organize how you handle your expenses. If you're plannih on investing, diversify your investments. If it were to me, i'd invest largely in btc savings but i'll be open for other kind of investment as well

 
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September 08, 2017, 07:22:56 AM
 #1289

Don't place all your money in Bitcoin. Always diversify your portfolio. Put a significant part into Bitcoin and with the rest play with altcoins and keep in fiat. Wink
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September 08, 2017, 08:00:52 AM
 #1290

I don't think its smart to place all your funds into bitcoins.
Because there is always a chance for bitcoin to drop in value again.
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September 08, 2017, 09:09:34 AM
 #1291

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.. ?

Its too risky, we never know if the bitcoin value will be stable. If i were to be asked, i would not invest all my money to bitcoin, we still more needs to have and putting all our money at risk is a bet of a gamble. I know cryptocurrency is on trend now but we'll never know its future. Better have a plan for the money we have.

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September 08, 2017, 09:39:57 AM
 #1292

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.. ?
ofcourse wheb it comes to investing it is always risky but its normal. If you want to make your money more profitable or grow more you must take the risk, don't pull your money yet, bitcoin will grow more and more. But if you want to pull it anyway, I suggest if you want more profit spread your money to more than 1 coin so that if maybe one of them will crash, not all of your investment or money will be affected.
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September 08, 2017, 09:53:13 AM
 #1293

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.. ?

Its too risky, we never know if the bitcoin value will be stable. If i were to be asked, i would not invest all my money to bitcoin, we still more needs to have and putting all our money at risk is a bet of a gamble. I know cryptocurrency is on trend now but we'll never know its future. Better have a plan for the money we have.
Correct that is too risky, me even i know that i can get huge profit if i put my all fund in bitcoin but always come to my mind the possibility that bitcoin will be worthless because bitcoin is not yet fully legalized in our country all of the negative have possibility to happen. Also i am not a risk taker

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September 08, 2017, 10:21:22 AM
 #1294

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.. ?

Its too risky, we never know if the bitcoin value will be stable. If i were to be asked, i would not invest all my money to bitcoin, we still more needs to have and putting all our money at risk is a bet of a gamble. I know cryptocurrency is on trend now but we'll never know its future. Better have a plan for the money we have.
Correct that is too risky, me even i know that i can get huge profit if i put my all fund in bitcoin but always come to my mind the possibility that bitcoin will be worthless because bitcoin is not yet fully legalized in our country all of the negative have possibility to happen. Also i am not a risk taker
We have to manage our funds properly, don't put eggs in one basket, we can arrange 20%
for investment in coins ICO, 30% for trading and 50% funds for backup.
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September 08, 2017, 11:24:52 AM
 #1295

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.. ?

Its too risky, we never know if the bitcoin value will be stable. If i were to be asked, i would not invest all my money to bitcoin, we still more needs to have and putting all our money at risk is a bet of a gamble. I know cryptocurrency is on trend now but we'll never know its future. Better have a plan for the money we have.
Correct that is too risky, me even i know that i can get huge profit if i put my all fund in bitcoin but always come to my mind the possibility that bitcoin will be worthless because bitcoin is not yet fully legalized in our country all of the negative have possibility to happen. Also i am not a risk taker
We have to manage our funds properly, don't put eggs in one basket, we can arrange 20%
for investment in coins ICO, 30% for trading and 50% funds for backup.
Exactly it's better to invest your money in different places since we couldn't know the outcome of the certain thing we've invested on. Just as you guys are saying, it's risky to invest all your money to bitcoin but if you are to invest in different kinds of crypto then bitcoin would be the most safest to invest on. Since it's the first crypto created and the most popular one on all the crypto.
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September 08, 2017, 11:58:18 AM
 #1296

Don't keep all your eggs in one basket Wink It will be better to diversified your portfolio. You may invest in some interesting projects by blokchain, for example, have bitcoin and some promising altcoins.
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September 08, 2017, 12:19:02 PM
 #1297

No, I didn't and I don't have such intentions. I find bitcoin the best possible investment at the moment but still puting all money into it would be to big risk. I invest extra money that I don't need but the funds are diversifed and not all my savings are in bitcoins. You always have to protect yourself from losses and have multiple options.
Bitcoin is just one opportunity to make money with our extra money. but putting all our money in this coin is not safe. It is a big risk. Suppsoe if we put all our money in bitcoin and suddenly priced dropped it may effect to our lives also some lose heart people will get heart attack to see the price drop. That much price variations we see in bitcoins.
Dude, what you mean by "extra money". I have never considered my amount to be in the circle of "extra". I don't think so, it is that much of a big risk, or very honestly saying, I don't even consider it a risk. If it was, then surely Eric wouldn't have been a millionaire now. First, they ignore you, and then they only talk about you. This is BTCs story.
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September 08, 2017, 01:45:49 PM
 #1298

Don't place all your money in Bitcoin. Always diversify your portfolio. Put a significant part into Bitcoin and with the rest play with altcoins and keep in fiat. Wink
That's right, this is the smart decision that you need to do in the crypto-currency. It is because bitcoin is not the only source of income, and there is no permanent source of income especially in the world of crypto-currency. It is because the price is not stable so possible to fall if some user lose their interest. To become successful much better to partition your bitcoin in some fiat to start a business to make sure the future.
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September 08, 2017, 02:42:46 PM
 #1299

Dont put all of your money in bitcoin. Well, bitcoin is good investment, but have high risk too. I suggest you to investment 20% bitcoin, 30% investment bank, like deposito, and 50% funds for backup. Dont put all of your to same place investment. Its high risk. We dont know, how will happen in the future. Good luck.

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September 09, 2017, 09:46:16 AM
 #1300

crypto world still dangerous now. just put the money you can lost!
May be yes for altcoin but not for bitcoin. Bitcoin market cap is quite high so I think bitcoin investment is still good. I can not put all of my fund in bitcoin because it still not adopted in my country
Nope. Being a student I don’t have much money to invest on Bit coin. But as far as crypto currency trend is concerned Bit coin is far better option than others for investment. As it are the most stable and growing currency these days. May be in future I might be placing all of my funds in bit coins.
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