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stellgod
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September 30, 2017, 12:43:36 PM |
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It will not be a good idea to convert all asset in to bitcoin. Putting assets in to different places is preferred.
I have read many times about this statement, “Don’t put all your eggs in one basket”, it really understandable. Not in only the case with bitcoins, rather every other walk of life demands this rule. So, don’t indulge yourself in one business, same advice for bitcoins. Keep trying dividing your investments and trading. |
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Alphagog
Member
 Offline
Activity: 316
Merit: 10
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September 30, 2017, 10:15:40 PM |
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It will not be a good idea to convert all asset in to bitcoin. Putting assets in to different places is preferred.
I have read many times about this statement, “Don’t put all your eggs in one basket”, it really understandable. Not in only the case with bitcoins, rather every other walk of life demands this rule. So, don’t indulge yourself in one business, same advice for bitcoins. Keep trying dividing your investments and trading. I must say that this statement holds very much valid. As far as placing of funds is concerned, I think it all depends on your own self. If you find it easy to place all your funds at one place, then there is no harm in it. Otherwise, I will suggest you to think wisely and divide your funds and place them in different places instead of one. |
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IIIIIIIII#VIP#IIIIIIIII
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September 30, 2017, 10:23:20 PM |
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It will not be a good idea to convert all asset in to bitcoin. Putting assets in to different places is preferred.
I have read many times about this statement, “Don’t put all your eggs in one basket”, it really understandable. Not in only the case with bitcoins, rather every other walk of life demands this rule. So, don’t indulge yourself in one business, same advice for bitcoins. Keep trying dividing your investments and trading. I must say that this statement holds very much valid. As far as placing of funds is concerned, I think it all depends on your own self. If you find it easy to place all your funds at one place, then there is no harm in it. Otherwise, I will suggest you to think wisely and divide your funds and place them in different places instead of one. To invest all your money in bitcoin will be good if you are ready to wait several years. if you are ready to psychologically sustain the loss of half the money in case of a drop in the rate of bitcoin. |
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wahb
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September 30, 2017, 11:34:18 PM |
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It will not be a good idea to convert all asset in to bitcoin. Putting assets in to different places is preferred.
I have read many times about this statement, “Don’t put all your eggs in one basket”, it really understandable. Not in only the case with bitcoins, rather every other walk of life demands this rule. So, don’t indulge yourself in one business, same advice for bitcoins. Keep trying dividing your investments and trading. I must say that this statement holds very much valid. As far as placing of funds is concerned, I think it all depends on your own self. If you find it easy to place all your funds at one place, then there is no harm in it. Otherwise, I will suggest you to think wisely and divide your funds and place them in different places instead of one. To invest all your money in bitcoin will be good if you are ready to wait several years. if you are ready to psychologically sustain the loss of half the money in case of a drop in the rate of bitcoin. although i am also to much confident about investment in bitcoin. but still i do not think that it will be a good decision to invest all our fund in bitcoin, because no one can be 100% sure that the price of bitcoin must increase. I think we need to make our position more strong and secure and for this reason it will be good if we invest a limited amount of money in bitcoin. i think we need to distribute our investment in different places. |
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aizen10
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October 01, 2017, 12:39:34 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 think it is not a risky decision if you want to invest all your money in bitcoin, but always put in your mind that, dont invest too much if you cant afford to loose all your money in an instant, investing in bitcoin is really profitable, all you want to do is to know when to buy/sell your bitcoin. many new bitcoin holder now are getting panic when they encounter a big dip, so they choose to cut their looses to avoid huge lose, but thats not the right way to do, because bitcoin, after the bid dip, bitcoin CAN and always can recover from the dip and surpass the recent value before the dip. and yes 70% of my money is on bitcoin. |
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gabbie2010
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October 01, 2017, 02:47:42 AM |
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It is rather unprofessional and risky to put all of our funds in bitcoin as a trader, a good trader will have a money management guide and he sticks to the guide without violating it. Trading requires funding a trade with the amount of money one can afford to lose rather than trading with all the funds, if the trade goes against him losses will be incurred.
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Apened
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October 01, 2017, 02:54:37 AM |
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It is rather unprofessional and risky to put all of our funds in bitcoin as a trader, a good trader will have a money management guide and he sticks to the guide without violating it. Trading requires funding a trade with the amount of money one can afford to lose rather than trading with all the funds, if the trade goes against him losses will be incurred.
It depends on a trader because i saw some big time traders that are believing but they are securing their money in a hardware wallet given as example xem or btc and they don't scatter their money and about 90-100% of their money is on that wallets which is also a not secured for me but they said it was. well i dont want to argue with them just opening up my question why and they answered. |
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ocid
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October 01, 2017, 04:26:22 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.. ?
Saving or investing our money into bitcoin certainly has a very big risk, because we know the value of bitcoin can be easily changed quickly, either the price drops or the price can increase to two-fold. If we really believe in our desire to put all our money into bitcoin, of course investing in bitcoin can be said as a very promising investment but we have all the risks we have to face. But in this year investments in bitcoin can be said investment best. |
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cah ndablek
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October 01, 2017, 05:12:21 AM |
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if my suggestion do not everything in input in bitcoin because most likely risk will be accepted also big enough then better some money just to try on heap so do not cause high loss later.
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Daniel 777
Newbie
Offline
Activity: 35
Merit: 0
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October 01, 2017, 06:20:26 AM |
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bitcoin is so risky for short time and we need more money so i can only put 30% of total in bitcoin
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felipe04
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October 01, 2017, 01:00:11 PM
Last edit: October 01, 2017, 02:47:14 PM by felipe04 |
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I think its not good if you do that to your funds the better is withdraw some and invest 10% only your money,trading is risky dont do it,always try is best but its not good if you do it in that way so better not all and think also the sure thing
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O9NpJ9ld1opS
Member
Offline
Activity: 176
Merit: 10
“Blockchain Just Entered The Real World"
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October 01, 2017, 02:00:37 PM |
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Divide your whole portfolio and invest in multiple coins, it's a good move I guess. Bitcoin is indeed a safe one, but there are many other good projects that can ensure more faster growth than bitcoin. So I recommend to invest half of your portfolio or lesser in bitcoin and rest in 5 or 6 good projects.
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Panda Trump
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October 01, 2017, 02:09:15 PM |
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No. A large part of it, but definitely not all of it. Why? Because bitcoin could just as well crash. Most likely, it will grow, but no one knows for sure.
Therefore, I also invested in other cryptocurrencies.
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SportsbookBettor
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October 01, 2017, 02:11:38 PM |
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Divide your whole portfolio and invest in multiple coins, it's a good move I guess. Bitcoin is indeed a safe one, but there are many other good projects that can ensure more faster growth than bitcoin. So I recommend to invest half of your portfolio or lesser in bitcoin and rest in 5 or 6 good projects.
Dividing your bitcoin into different investment will have a lesser risk of losing your entire balance in just one investment. Bitcoin is good but we need to avoid some unexpected circumtances when it comes to investment. |
aaaamm
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Vastraint
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October 01, 2017, 06:50:27 PM |
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Of course, no. It's not a good idea. The best way to save and increase your money is to invest it in different projects or coins. Bitcoin is the great coin, but not single.
True. Always have a counterpart or an alternative. Even millionaires is not putting all their business into one big thing, because what is something goes wrong? Always have at least 5 sources of income. If the other one didn't work well or had a problem borrow money from the other one and so on. you'll be drowning if you only have one business and you can't sustain when there is an emergency if you will be putting all your money into BTC. Make a set point of at least. %0 percent of your saving from your monthly salary will go to crypto. |
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Yoko 666
Member
Offline
Activity: 77
Merit: 10
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October 01, 2017, 08:48:38 PM |
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bitcoin is so risky so i only give it small amount
this is my out come
40% bills , food , internet
10% extra
10 % for my sons
10% for future
30% for virtual money
from 30%
15% bitcoin
10% other coins
5% paypal ,............
from 15%
50% holding
30% tading
20 % mining
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Granxis
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October 01, 2017, 08:52:59 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.. ?
It would be very stressful to try to assess all your money as a bitcoin. You're wondering what your price will be every day, and you're in constant stress. it would be a terrible experience. |
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Dannaey
Full Member
Offline
Activity: 468
Merit: 100
Experience the Future of DeFi
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October 02, 2017, 01:56:30 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.. ?
It is a good way to grow your money in Bitcoin. But I am not in favor of putting all your money in Bitcoin. There are a lot of news and events that can happen to affect Bitcoin. Like what happen recently about the announcement of China. Many people got afraid and pull out their money. So I suggest to invest on what you can afford to lose. |
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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October 02, 2017, 02:48:06 PM |
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No, I don't place all of my funds in bitcoin, I try to make a balance between my investments, every time I have at least one investment that I can liquidate in case of a rainy day and rest I am saving for future. Mostly I invest my funds in real estate, a portion in stocks of of them majority are blue chip stocks and rest are penny stocks or small cap stocks as they are the ones that can give the most return in pretty less time. And rest I have invested in a few cryptocurrencies like bitcoin, Monero, waves and lisk, in the recent months the performance of lisk haven't been up to the mark.
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geegaw
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October 02, 2017, 03:49:06 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.. ?
Saving or investing our money into bitcoin certainly has a very big risk, because we know the value of bitcoin can be easily changed quickly, either the price drops or the price can increase to two-fold. If we really believe in our desire to put all our money into bitcoin, of course investing in bitcoin can be said as a very promising investment but we have all the risks we have to face. But in this year investments in bitcoin can be said investment best. Yeah, bitcoin also has certain risks, we can not know the price of bitcoin will increase or decrease in the future, the future of bitcoin is still a big question and there is no exact answer, so investing all the money into bitcoin is really very dangerous, we should not take the risk. Although Bitcoin can be very potential but safe is above all, the money is ours, we should use the reasonable, the market still has many ideal investment destination, we have many opportunities to make more profit, do not focus all on the bitcoin and miss many other opportunities, that would be an unnecessary waste |
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